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Ekiti State Rated High In IGR Collection - Report - Politics (2) - Nairaland

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Ekiti Leads In IGR Growth Rate / Ogun Makes ₦29.7 Billion In IGR, Borrows ₦38.9 Billion In 10 Months / These States Ranked High In IGR aslo Ranked Low In Fiscal Performance, High Debt (2) (3) (4)

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Re: Ekiti State Rated High In IGR Collection - Report by Ritchiee: 10:24pm On Jul 04, 2024
mrvitalis:

Countries not sub national
Country is a govt while subnational too is a govt.
Just as gdp is used for a nation so do we use it for subnational.
IGR signifies the ability of a state to exist without relying wholly on FAAC.

2 Likes

Re: Ekiti State Rated High In IGR Collection - Report by mrvitalis(m): 10:35pm On Jul 04, 2024
Ritchiee:

Country is a govt while subnational too is a govt.
Just as gdp is used for a nation so do we use it for subnational.
IGR signifies the ability of a state to exist without relying wholly on FAAC.
Nations don't use FAAC oga that's a Nigerians abnormality
Re: Ekiti State Rated High In IGR Collection - Report by Ritchiee: 10:37pm On Jul 04, 2024
mrvitalis:

Nations don't use FAAC oga that's a Nigerians abnormality
IGR signifies the ability of a state to exist without relying on any other entity.

1 Like

Re: Ekiti State Rated High In IGR Collection - Report by mrvitalis(m): 10:41pm On Jul 04, 2024
Ritchiee:

IGR signifies the ability of a state to exist without relying on any other entity.
Not really

Revenue /debt service+recurrent expenditure is what determine how viable a state is

If a state finds a way to function without taxing her people what's wrong with that

1 Like 2 Shares

Re: Ekiti State Rated High In IGR Collection - Report by Ritchiee: 10:48pm On Jul 04, 2024
mrvitalis:

Not really

Revenue /debt service+recurrent expenditure is what determine how viable a state is

If a state finds a way to function without taxing her people what's wrong with that
IGR also depicts revenue.
There is no nation or subnational in the world that doesnt take tax.
The ability to collect it effectively is what makes a state stand out.

3 Likes

Re: Ekiti State Rated High In IGR Collection - Report by Seun362: 10:50pm On Jul 04, 2024
haybhi1:
Damn. What a country. Yoruba does not know what they need. If they do, they'll be clamouring for this country to be split so we're on our own and so we can grow as due. We will keep going backward with others stifling us. We need be on our own. We need our own country!

I have an elderly friend from Delta State, an ex service man, he always told me if Nigeria were to break today, he stressed that the southwest will fair better than every other region.

He said, his Niger Delta will be at war with one another because of the oil. He's always hoping and praying Nigeria doesn't break up.

5 Likes 1 Share

Re: Ekiti State Rated High In IGR Collection - Report by SmartPolician: 10:53pm On Jul 04, 2024
mrvitalis:

It's only in Nigeria that States are ranked or rated by IGR lmaoo I don't understand it

Hope you guys know no one Verifies IGR it's what the state reports that is taken

We should focus more on HDMI, GDP and GDP per capita

Those are the only independently veritable data

It is easier to measure wealth through IGR than GDP per capita. If states are willing to throw their books open, it can be audited by independent auditing firms. GDP is vague and superficial. I would rather assess state viability on IGR other than GDP or GDP per capita.

4 Likes

Re: Ekiti State Rated High In IGR Collection - Report by mrvitalis(m): 10:55pm On Jul 04, 2024
Ritchiee:

IGR also depicts revenue.
There is no nation or subnational in the world that doesnt take tax.
The ability to collect it effectively is what makes a state stand out.
Your revenue doesn't show how viable you are

Its the ratio between your revenue / debt service+recurrent expenditure

You can have a high revenue and not be viable
Someone with a lower revenue can be more viable than a higher revenue

IGR and FAAC are a Nigerian creation it's an abnormality doesn't exist in federations

State revenue ate mean to be share between state n the federal

Nigerian case makes no sense
Re: Ekiti State Rated High In IGR Collection - Report by mrvitalis(m): 11:00pm On Jul 04, 2024
SmartPolician:


It is easier to measure wealth through IGR than GPD per capita. If states are willing to throw their books open, it can be audited by independent auditing firms. GDP is vague and superficial. I would rather assess state viability on IGR other than GDP or GDP per capita.
Wealth? Are you serious? Wealth of a nation is the average income of its citizens

Especially in Nigeria where IGR only comes through taxing

Dubai would have very low IGR if the practiced our system because they don't tax

GDP is what depends the wealth of a region state or nation it's basic... How productive are you... How rich are your people

U can decide to tax them or not

Ogun with almost have of IMO GDP having 120 billion while IMO have 26 billion shows over taxing in Ogun... It doesn't show Ogun is in any way more productive

3 Likes

Re: Ekiti State Rated High In IGR Collection - Report by haybhi1(m): 11:01pm On Jul 04, 2024
Seun362:
I have an elderly friend from Delta State, an ex service man, he always told me if Nigeria were to break today, he stressed that the southwest will fair better than every other region.

He said, his Niger Delta will be at war with one another because of the oil. He's always hoping and praying Nigeria doesn't break up.
Bro, it's not even about what he said. The only thing we're gaining from other regions is harm and detriment so I don't even care about others. Let's live alone and grow on our own. We were very strong before because we could arrest agriculture, champion educated, and do some trade and businesses. Today, the think-tank positions are held by Hausas. We can't do any agriculture because the fulanis have completely overridden our lands and kill any farmer who farms. The trade and businesses are completely hijacked by the Igbos. We're fast losing on the education grounds too, as expected.

We need to wake up.

3 Likes 1 Share

Re: Ekiti State Rated High In IGR Collection - Report by SmartPolician: 11:10pm On Jul 04, 2024
mrvitalis:

Wealth? Are you serious? Wealth of a nation is the average income of its citizens

Especially in Nigeria where IGR only comes through taxing

You can measure wealth in different ways, but I am saying that I prefer measuring it using IGR.

Dubai would have very low IGR if the practiced our system because they don't tax

IGR comes mostly through tax, but there are other ways of generating revenue. Some serious states have transport companies and companies established through PPP arrangement that generate money for the state.

GDP is what depends the wealth of a region state or nation it's basic... How productive are you... How rich are your people U can decide to tax them or not

If you must use GDP, you must show in real terms the products and services that generated those figures. That's why IGR is more feasible and realistic.

Ogun with almost have of IMO GDP having 120 billion while IMO have 26 billion shows over taxing in Ogun... It doesn't show Ogun is in any way more productive

The problem of Ogun State is that their money is being looted. This is a common problem in Nigeria and that's a talk for another day.

1 Like

Re: Ekiti State Rated High In IGR Collection - Report by celestineteryim: 11:13pm On Jul 04, 2024
So Anambra state is not number one on the list? I blame bitter grieving Pandora obituary

3 Likes

Re: Ekiti State Rated High In IGR Collection - Report by celestineteryim: 11:15pm On Jul 04, 2024
FatimaAbubakar:
High in IGR collection yet Ekiti youths are among the most employed and poorest in Nigeria. I remember my stay in Ado-Ekiti and Ikire-Ekiti. It is common to see youths loitering around during working hours on week days, saluting frequently just to collect money for gbegiri
igbos are the real parasite of this country

4 Likes

Re: Ekiti State Rated High In IGR Collection - Report by mrvitalis(m): 11:15pm On Jul 04, 2024
[quote author=SmartPolician post=130799944][/quote]
There is no way measuring wealth through IGR would give u a clear picture

Tax rates are not even the same

Kenya generate more GDP than Nigeria but has less than 40% of our gdp
Re: Ekiti State Rated High In IGR Collection - Report by SmartPolician: 11:26pm On Jul 04, 2024
haybhi1:
Bro, it's not even about what he said. The only thing we're gaining from other regions is harm and detriment so I don't even care about others. Let's live alone and grow on our own. We were very strong before because we could arrest agriculture, champion educated, and do some trade and businesses. Today, the think-tank positions are held by Hausas. We can't do any agriculture because the fulanis have completely overridden our lands and kill any farmer who farms. The trade and businesses are completely hijacked by the Igbos. We're fast losing on the education grounds too, as expected.

We need to wake up.

Oga, you are gaining a lot from Nigeria.

An entire country of 220 million people depends on Lagos airport and seaports to function. Do you know what that does for an economy of a state or region?

If not the population (huge market) and seaport in Lagos, why is every company running to set up their office in Lagos? Does Sanwo-Olu share free money in Lagos? If Nigeria splits, everyone will seek alternatives.

All other companies that ought to have their head offices across states in Nigeria are located in Lagos because Nigeria isn't planned. Lagos State collect major taxes from these headquarters.

I always say that the chaos that happens in Lagos can only happen in a black man's country. No white man will allow its smallest strip of land to be so overpopulated that living and moving around becomes almost impossible.

Many advanced countries are tightening their immigration laws to prevent people from third-world countries from invading their space because they are trying to prevent the Lagos chaos!

2 Likes 1 Share

Re: Ekiti State Rated High In IGR Collection - Report by Joebayo217: 11:40pm On Jul 04, 2024
001Lagos:
State still the poorest in South west
poor or not . Try come out from this your poverty hardship first.

1 Like

Re: Ekiti State Rated High In IGR Collection - Report by haybhi1(m): 12:03am On Jul 05, 2024
SmartPolician:

Oga, you are gaining a lot from Nigeria.

An entire country of 220 million people depends on Lagos airport and seaports to function. Do you know what that does for an economy of a state or region?

If not the population (huge market) and seaport in Lagos, why is every company running to set up their office in Lagos? Does Sanwo-Olu share free money in Lagos? If Nigeria splits, everyone will seek alternatives.

All other companies that ought to have their head offices across states in Nigeria are located in Lagos because Nigeria isn't planned. Lagos State collect major taxes from these headquarters.

I always say that the chaos that happens in Lagos can only happen in a black man's country. No white man will allow its smallest strip of land to be so overpopulated that living and moving around becomes almost impossible.

Many advanced countries are tightening their immigration laws to prevent people from third-world countries from invading their space because they are trying to prevent the Lagos chaos!

You don't get it. During the first republic, when politics was all regional-based, we were highly progressive. We were contributing the most to the federal reserve, Lagos wasn't even our Pièce de résistance, rather it was Ibadan. We built Ibadan cocoa house, a flagship at the time, through agriculture funds. We used the region's funds to build OAU—go check the buildings, no architectural designs beats that masterpiece till today. The major thing that helped us was the education initiative employed by chief Awolowo. We got into trade and artisanry. Everything was fine, we were hardworking. We made enough, we brandished educated for a lot of us. Even pepper sellers wanted education for their wards. All that gave us exposure, that'swhy we're the most flanked of Nigeria in the Western countries.

Today, it's all different. No farming, no business, and, as such, dwindling education and exposure because no more money. We need to wake up. We can't continue to cope with underdevelopament and mediocrity.

In addendum: let me burst some of your misinformation, companies use Lagos majorly because of the safety! There are at least three ports, including the ever functional Onne, but the chaos and disorderliness these places are prone to kill the desires of investors for these. If Lagos degenerates today to what obtains in these places, it will soon lose its hegemony. In fact, if you start your investment and business tomorrow, you'll use lagos ports still. And the problem with Lagos is the population. The average Igbo is RUSHING down once he comes of age. The Hausas are even worse in this aspect, they steady bring them with trailers like they bring goods. Some people from the suburbs in the West too want to remain in Lagos too.

4 Likes

Re: Ekiti State Rated High In IGR Collection - Report by idealogical: 12:16am On Jul 05, 2024
mrvitalis:

It's only in Nigeria that States are ranked or rated by IGR lmaoo I don't understand it

Hope you guys know no one Verifies IGR it's what the state reports that is taken

We should focus more on HDMI, GDP and GDP per capita

Those are the only independently veritable data

You sabi display ignorance sha...

3 Likes

Re: Ekiti State Rated High In IGR Collection - Report by idealogical: 12:25am On Jul 05, 2024
SmartPolician:

Oga, you are gaining a lot from Nigeria.

An entire country of 220 million people depends on Lagos airport and seaports to function. Do you know what that does for an economy of a state or region?

If not the population (huge market) and seaport in Lagos, why is every company running to set up their office in Lagos? Does Sanwo-Olu share free money in Lagos? If Nigeria splits, everyone will seek alternatives.

All other companies that ought to have their head offices across states in Nigeria are located in Lagos because Nigeria isn't planned. Lagos State collect major taxes from these headquarters.

I always say that the chaos that happens in Lagos can only happen in a black man's country. No white man will allow its smallest strip of land to be so overpopulated that living and moving around becomes almost impossible.

Many advanced countries are tightening their immigration laws to prevent people from third-world countries from invading their space because they are trying to prevent the Lagos chaos!


Ports has little impact when it comes to development and prosperity.

There are many states in Nigeria without seaports that are doing better economically than the whole of SE. Some built inland ports, but did any state governor in the SE made any a attempt to build inland Port? No.

Lagos state is not2 responsible for bad governance and poor leadership in other states. Progress and economic brilliance in Lagos state is because of good governance, not port or other irrelevant things..

2 Likes

Re: Ekiti State Rated High In IGR Collection - Report by Thekaghan: 12:33am On Jul 05, 2024
gistray:
Yet it's still a Slum and a gigantic ShytHole with brown roofs

I'm guessing most of that revenue came from the Body parts and organs trafficking business they're notorious for.


you are just a compound fool.

3 Likes

Re: Ekiti State Rated High In IGR Collection - Report by mrvitalis(m): 12:33am On Jul 05, 2024
idealogical:


You sabi display ignorance sha...
If u can't counter points with points shut up man

1 Like

Re: Ekiti State Rated High In IGR Collection - Report by idealogical: 12:36am On Jul 05, 2024
mrvitalis:

If u can't counter points with points shut up man


Is it a must to counter ignorant and meaningless rubbish?

4 Likes

Re: Ekiti State Rated High In IGR Collection - Report by mrvitalis(m): 12:44am On Jul 05, 2024
idealogical:



Is it a must to counter ignorant and meaningless rubbish?
Then why respond to the post with a more meaningless rubbish from you
Re: Ekiti State Rated High In IGR Collection - Report by Tonim(f): 1:25am On Jul 05, 2024
mrvitalis:

Wealth? Are you serious? Wealth of a nation is the average income of its citizens

Especially in Nigeria where IGR only comes through taxing

Dubai would have very low IGR if the practiced our system because they don't tax

GDP is what depends the wealth of a region state or nation it's basic... How productive are you... How rich are your people

U can decide to tax them or not

Ogun with almost have of IMO GDP having 120 billion while IMO have 26 billion shows over taxing in Ogun... It doesn't show Ogun is in any way more productive

Taxes are paid in the UAE.

If you own a business in the UAE, you will pay tax
to the authorities.

2 Likes

Re: Ekiti State Rated High In IGR Collection - Report by mrvitalis(m): 1:27am On Jul 05, 2024
Tonim:


Taxes are paid in the UAE.

If you own a business in the UAE, you will pay tax
to the authorities.

Income tax?
Profit tax?

Revenue is at the hands of the state

GDP is not affected by anyone that's why it's the number one

A richer state can have lower revenue, but it's impossible to have lower GDP
Re: Ekiti State Rated High In IGR Collection - Report by Tonim(f): 1:51am On Jul 05, 2024
mrvitalis:

Income tax?
Profit tax?

Revenue is at the hands of the state

GDP is not affected by anyone that's why it's the number one

A richer state can have lower revenue, but it's impossible to have lower GDP

My point was that it was wrong for you
to state that taxes are not paid in dubai.


Taxes are paid on profit made by
businesses.

3 Likes

Re: Ekiti State Rated High In IGR Collection - Report by DUNDEEmoderatos: 1:51am On Jul 05, 2024
NyamiriSlayer:
My state Osun no dey there, what a shame
Wetin you wan make noisy people from Anambala do?

1 Like

Re: Ekiti State Rated High In IGR Collection - Report by DUNDEEmoderatos: 1:54am On Jul 05, 2024
gistray:
Yet it's still a Slum and a gigantic ShytHole with brown roofs

I'm guessing most of that revenue came from the Body parts and organs trafficking business they're notorious for.


You need medical attention! Drug trafficker.

2 Likes

Re: Ekiti State Rated High In IGR Collection - Report by Benwallt(m): 2:10am On Jul 05, 2024
Those ones have used their IGR fund Obi's X subscription

1 Like

Re: Ekiti State Rated High In IGR Collection - Report by idealogical: 2:54am On Jul 05, 2024
mrvitalis:

Then why respond to the post with a more meaningless rubbish from you

Coming from NL resident rubbish and ignorant nonsense peddler.

They even have a special training class for you on NL to educate you.

1 Like

Re: Ekiti State Rated High In IGR Collection - Report by Slurity(m): 4:27am On Jul 05, 2024
gistray:
Yet it's still a Slum and a gigantic ShytHole with brown roofs

I'm guessing most of that revenue came from the Body parts and organs trafficking business they're notorious for.


Are you well, we are talking about Ekiti state here, which organ trafficking are you talking about? Bada belle full of hatred. What is your own selling and why has your state has not improved selling the legit drugs they are notorious for?

1 Like

Re: Ekiti State Rated High In IGR Collection - Report by lamentor78(m): 4:35am On Jul 05, 2024
yoruboid:
The highest states in IGR ranking for 2023

- Lagos
- FCT
- Ogun
- Rivers
- Delta
- Edo
- Kaduna
- Kwara
- Oyo
- Akwa Ibom
- Ondo

Looking at the first 20 that shows improvement in IGR you won't find any SE states there , meaning the regular sit at home by IPOB is really helping them

1 Like

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