FarahAideed:


21 million the last time we checked

Where did you check ? And what is the population of Kano?

aribisala0:
The budget has nothing to do with dollars it is NOT roughly $5 billion dollars. We do not spend dollars and do not operate in the same framework.

There is no way $5 billion in America will account for the same number of people or activities

whether it is petrol a haircut,taxi fare or olosho the cost schema is not the same

forget the exchange rate. It is not relevant

It is very relevant!! Like it or not the USD is the currency of the world and benchmarking against it is a valuable indicator of progress or otherwise. You might have seen a viral post some time ago of how someone who built house for rent was collecting N1mln rent like 8 years ago, which at the time was worth $1000 for eg, while now rent of N2.5mln is worth $800. Increase in NGN seems like progress, but in dollar terms, it highlights that not as much progress is being made.

Most of that capital expenditure will be highly influenced by e-rate, so its very relevant.

COMPAQ:


It is very relevant!! Like it or not the USD is the currency of the world and benchmarking against it is a valuable indicator of progress or otherwise. You might have seen a viral post some time ago of how someone who built house for rent was collecting N1mln rent like 8 years ago, which at the time was worth $1000 for eg, while now rent of N2.5mln is worth $800. Increase in NGN seems like progress, but in dollar terms, it highlights that not as much progress is being made.

Most of that capital expenditure will be highly influenced by e-rate, so its very relevant.

You are entitled to your opinion

At 412naira to a dollar which is the official cbn rate that government work's with 1.7trillion naira is more than 4 billion dollars get your facts right and stop being ridiculous my dear

Drguzzykola:


..

FarahAideed:
Lagos Budget is shrinking ..under PDP Lagos budget used to be over 4 billion dollars and under Buhari it's not barely 3 billion dollars

Lagos has never done a budget size of up to 3 billion dollars, this is the first time Lagos will be exceeding 3 billion dollars to hit the 4 billion dollars mark at the official cbn rate of 412 naira to a dollar so please get your facts right and stop being ridiculous

FarahAideed:
Lagos Budget is shrinking ..under PDP Lagos budget used to be over 4 billion dollars and under Buhari it's not barely 3 billion dollars

You seem to have a habit of just making up all manner of fictional assertions and spit them out without any filter

What was the size of the last budget Fashola signed "UNDER PDP"


And what is the relevance of the "under PDP" comment was Lagos State ever under PDP??

Mack5ive:
Lagos has never done a budget size of up to 3 billion dollars, this is the first time Lagos will be exceeding 3 billion dollars to hit the 4 billion dollars mark at the official cbn rate of 412 naira to a dollar so please get your facts right and stop being ridiculous

Even in 2012 Lagos budget was 491 billion do the maths using CBN rate then it's billion dollars , do the maths using black market rates then it 3.7 billion dollars ..stop saying what I don't know sir

aribisala0:
You seem to have a habit of just making up all manner of fictional assertions and spit them out without any filter

What was the size of the last budget Fashola signed "UNDER PDP"


And what is the relevance of the "under PDP" comment was Lagos State ever under PDP??

PDP because PDP was the Central govt then and handling the economy a lot better than APC today

FarahAideed:


PDP because PDP was the Central govt then and handling the economy a lot better than APC today

That is not the point.

You are making up ridiculous and fictional claims.

That is the trait of a dishonest individual

Do not play dumb.

Can you retract or substantial your earlier

claims

1. About Lagos Sate Population
2. That Under PDP Lagos State was passing higher "DOLLAR" conversion budgets

I asked you a simple question
WHAT WAS THE LAST budget that Fashola signed ?

Stop this habit of ignorant beer parlour talk

aribisala0:
That is not the point.

You are making up ridiculous and fictional claims.

That is the trait of a dishonest individual

Do not play dumb.

Can you retract or substantial your earlier

claims

1. About Lagos Sate Population
2. That Under PDP Lagos State was passing higher "DOLLAR" conversion budgets

I asked you a simple question
WHAT WAS THE LAST budget that Fashola signed ?

Stop this habit of ignorant beer parlour talk

Let's start from 2012 ..Lagos budget then was 491 billion naira , do the maths using CBN rates at the time and you will see I know what I am saying..I am very gifted with numbers

FarahAideed:


Let's start from 2012 ..Lagos budget then was 491 billion naira , do the maths using CBN rates at the time and you will see I know what I am saying..I am very gifted with numbers

I do not argue foolishly

You made claims
1. About population . FIRST. So start there . You claimed the population is 21 million give a source , one that also tells us the population of Kano and other states since you talke of comparing budget per
capita
2. To discuss exchange rates whether CBN or otherwise YOU made the claim so once again

PROVIDE THE RATES and a source
Now tell us whether that matches a claim that YOU MADE

FarahAideed:
Lagos Budget is shrinking ..under PDP Lagos budget used to be over 4 billion dollars and under Buhari it's not barely 3 billion dollars

So TELL US WHICH YEAR that the Lagos budget exceeded $4 billion UNDER PDP as YOU CLAIMED


Was 491 billion Naira more than $4 billion in 2012?

aribisala0:


I do not argue foolishly

You made claims
1. About population . FIRST. So start there . You claimed the population is 21 million give a source , one that also tells us the population of Kano and other states since you talke of comparing budget per
capita
2. To discuss exchange rates whether CBN or otherwise YOU made the claim so once again

PROVIDE THE RATES and a source
Now tell us whether that matches a claim that YOU MADE


So TELL US WHICH YEAR that the Lagos budget exceeded $4 billion UNDER PDP as YOU CLAIMED


Was 491 billion Naira more than $4 billion in 2012?

At CBN rate then it was exactly 4 billion dollars at black market rate it was 3.7 billion dollars...

Please read link to understand my take on Lagos population sir
https://www.globalcitizen.org/fr/content/100-million-people-city-lagos-nigeria-africa/

FarahAideed:


At CBN rate then it was exactly 4 billion dollars at black market rate it was 3.7 billion dollars...

Please read link to understand my take on Lagos population sir
https://www.globalcitizen.org/fr/content/100-million-people-city-lagos-nigeria-africa/

What were the rates?
do you have a source

Guy stop the diversion tactic.
I am not interested in YOUR TAKE just facts/ figures and a source
What is the Population of other states especially the most populated like Kano
Katsina and Kaduna
What has the link you posted got to do with YOUR CLAIM of 21 million
Your claim was not just about the population of Lagos State but effectively about every state in Nigeria

I can see you just want to go round in circles rather than answer simple and direct questions

aribisala0:

What were the rates?
do you have a source

Guy stop the diversion tactic.
I am not interested in YOUR TAKE just facts/ figures and a source
What is the Population of other states especially the most populated like Kano
Katsina and Kaduna
What has the link you posted got to do with YOUR CLAIM of 21 million
Your claim was not just about the population of Lagos State but effectively about every state in Nigeria

I can see you just want to go round in circles rather than answer simple and direct questions

My premise on budget per Capita was done taking samples from select states and comparing with Lagos and it reveal that when it reaches per Capita Lagos is not really better off than other states ...Let's take Taraba with a population of 2.2 million people and budget of 146 billion naira which when broken down per Capita shows it's in the same bracket with Lagos that has a budget of 1.7 trillion

FarahAideed:


At CBN rate then it was exactly 4 billion dollars at black market rate it was 3.7 billion dollars...

Please read link to understand my take on Lagos population sir
https://www.globalcitizen.org/fr/content/100-million-people-city-lagos-nigeria-africa/

Stop this practice of talking rubbish with confidence
https://www.cbn.gov.ng/rates/exrate.asp?year=2012
The lowest you fill find on the CBN website is 160 to $1

and a budget of 491 billion is $3 billion or even less at Black market rates

So where did you get this your $4 billion from . You have failed to show what influence PDP has on anything
crucially have other PDP state' budget kept up with the fall in dollar as Lagos' has?

FarahAideed:


My premise on budget per Capita was done taking samples from select states and comparing with Lagos and it reveal that when it reaches per Capita Lagos is not really better off than other states ...Let's take Taraba with a population of 2.2 million people and budget of 146 billion naira which when broken down per Capita shows it's in the same bracket with Lagos that has a budget of 1.7 trillion

I don't know what you mean by premise. Are you trying to sound intelligent?
Here is what you said

FarahAideed:



When you do the budget per Capita you will find out Lagos is not really better than any other state....

There is no ambiguity in its meaning
It is not a "PREMISE"
It is an assertion of FACT

To make that kind of statement you should have Figures for 36 states so that you can answer the question
What position is Lagos out of 36
otherwise you are making noise

Also
What is the source for the population of Taraba you are using?

If you "TOOK SAMPLES" as you claim . From where did you take the samples to get population data for your sample states and for Lagos State
KINDLY SHARE

aribisala0:
I don't know what you mean by premise. Are you trying to sound intelligent?
Here is what you said




There is no ambiguity in its meaning
It is not a "PREMISE"
It is an assertion of FACT

To make that kind of statement you should have Figures for 36 states so that you can answer the question
What position is Lagos out of 36
otherwise you are making noise

Also
What is the source for the population of Taraba you are using?

If you "TOOK SAMPLES" as you claim . From where did you take the samples to get population data for your sample states and for Lagos State
KINDLY SHARE

Do you have a preferred source of population data? Your country has not had a census in almost 2 decades I gather ....well for Taraba I got their population from the State govt publication and rounded it up

FarahAideed:


Do you have a preferred source of population data? Your country has not had a census in almost 2 decades I gather ....well for Taraba I got their population from the State govt publication and rounded it up

NO
I am happy to work with YOUR SOURCE so tell us the source .

The bottomline is the source should be the same for ALL STATES

What is the population of Lagos State according to your source

Your claim was not about Taraba state though
It was about ALL 36 states

IS LAGOS STATE THE MOST POPULATED IN NIGERIA??
Do you accept that you just made it up and it has no basis

aribisala0:
The budget has nothing to do with dollars it is NOT roughly $5 billion dollars. We do not spend dollars and do not operate in the same framework.

There is no way $5 billion in America will account for the same number of people or activities

whether it is petrol a haircut,taxi fare or olosho the cost schema is not the same

forget the exchange rate. It is not relevant

new York City has budget o $89bn
Population of 9 million

Infrastructure costs are roughly the same
No matter how cheap our labour is

The curiosity shows how unproductive wet are

gabicon:
It would have been nice if they outlined how they intend to fund the budget.

it would be nice if you would read to the end

MIKOLOWISKA:
new York City has budget o $89bn
Population of 9 million

Infrastructure costs are roughly the same
No matter how cheap our labour is

The curiosity shows how unproductive wet are

You have nothing to say

So Because Dangote has more money than you you are unproductive?
Go and learn how to reason

I really do not have patience with halfwits

Artbydris:


Lol. You lot display on social media as if you could do much better.

I will even do it more than them.

TimeTraveller:


Abia has been unable to clean up a market since 1999. Just a market o!

Ashierey!

Oloriburuku, am I from Abia??

udemzeus:



Oloriburuku, am I from Abia??

Your fada na ashierey.

aribisala0:
You have nothing to say

So Because Dangote has more money than you you are unproductive?
Go and learn how to reason

I really do not have patience with halfwits

yep
Resort to insults
That's how you show who is a half wit and who is a zero wit

In 2012 Lagos State budget was 492 billion Nair
Akwa Ibom State budget was 407 bilion
In 2022 Akwa Ibom budget is 586 billion Lagis is into trillions

2023