TOTAL REVENUE GENERATED BY ZONE, 2023

South South — ₦2.31 trillion
South West — ₦2.22 trillion
North West — ₦1.41 trillion
North Central — ₦1.34 trillion
North East — ₦911.65 billion
South East — ₦823.54 billion

Revenue = Net FAAC + IGR

Cool..

It can only get better..

God bless the good people of Southsouth and Southwest

This data is a good pointer since it covers all revenue sources for each respective region.

Nice one from the South-South and South-West.

Remove that two region from Nigeria, and we will be competing with Ghana.

..BATist...

..Southern yoonity by parapo or by force..

..Continue licking that as..for emilokan sophisticated bridge building with higher breeds of..

How does this Data even make sense?

This is not where revenue is generated at all... I and this data doesn't in any way show that

FAAC allocation +IGR doesn't equal revenue generated... Because FAAC itself doesn't represent where it's generated

This data makes absolutely no sense


That aside... We hear oil earnings, why don't we ever hear Gas earnings in this country?
I'm saying this because I'm from IMO...we are a more gas producer than oil...do we get 13% derivative like oil? If yes how much?


Is this why they keep influencing who governs IMO state?

Good

I think SS are having cool governors lately

mrvitalis:
How does this Data even make sense?

This is not where revenue is generated at all... I and this data doesn't in any way show that

FAAC allocation +IGR doesn't equal revenue generated... Because FAAC itself doesn't represent where it's generated

This data makes absolutely no sense


That aside... We hear oil earnings, why don't we ever hear Gas earnings in this country?
I'm saying this because I'm from IMO...we are a more gas producer than oil...do we get 13% derivative like oil? If yes how much?


Is this why they keep influencing who governs IMO state?

Read the jargons you wrote, does it make any sense to you? Just so you know, Imo receive their duly 13% derivation.

Instead of you to ponder on why your region performed even less than North East. You are here typing jargons.

Your region is very unproductive bro. The reason why Igbo think their region is okay is simply because your people in the SW have assimilated and then they lend help to the people they have back home.

It’s the same reason why most Southern Nigeria families are still even okay comparatively because most Southern Nigerian families have people abroad (USA, UK, Canada, and etc) who send money to them to lessen the burden on them.

Ibo land is an unproductive region! Tsefini

mrvitalis:
How does this Data even make sense?

This is not where revenue is generated at all... I and this data doesn't in any way show that

FAAC allocation +IGR doesn't equal revenue generated... Because FAAC itself doesn't represent where it's generated

This data makes absolutely no sense


That aside... We hear oil earnings, why don't we ever hear Gas earnings in this country?
I'm saying this because I'm from IMO...we are a more gas producer than oil...do we get 13% derivative like oil? If yes how much?


Is this why they keep influencing who governs IMO state?

What the fvck is this one saying? Is he trying to explain why the entire SE is the most unproductive zone?

North West — ₦1.41 trillion
North Central — ₦1.34 trillion
North East — ₦911.65 billion
South East — ₦823.54 billion

LegendHero:


Instead of you to ponder on why your region performed even less than North East. You are here typing jargons.

Your region is very unproductive bro. The reason why Igbo think their region is okay is simply because your people in the SW have assimilated and then they lend help to the people they have back home.

It’s the same reason why Nigeria is still even okay comparatively because most Nigerian families have people abroad who send money to them to lessen the burden on them.

Performed what? There is no index like this in economics... I would give you or anyone who shows a reputable world organization ranking sub nationals by IGR

Bro I'm from IMO second largest economy in Nigeria after largest... Highest GDP per capita in Nigeria of any stats

IGR is an imaginary metrics it doesn't exist

Richtaiwo:

What the fvck is this one saying? Is he trying to explain why the entire SE is unproductive?

Productivity of a state is judged by GDP and GDP per capita... Go to school and stop embarrassing yourself

FAAC +IGR is share of national cake not productivity don't they teach you people Basic economics

It's no more a surprise why APC tanked our economy

mrvitalis:

Performed what? There is no index like this in economics... I would give you or anyone who shows a reputable world organization ranking sub nationals by IGR

Bro I'm from IMO second largest economy in Nigeria after largest... Highest GDP per capita in Nigeria of any stats

IGR is an imaginary metrics it doesn't exist

😂 GDP statistics of which year? 2017? 2017 was the last time NBS released any official GDP stats for states.

Guy Imo state is dry, you are still living in the past. Your region is unproductive and dragging Nigeria backward.

Show me any statistics in 2023 that put Imo as second largest economy. Economy in which country? Maybe economy in Biafra because I’m sure you’re not talking about Nigeria.

Even look at it, what productivity do you have in Imo?

mrvitalis:

Productivity of a state is judged by GDP and GDP per capita... Go to school and stop embarrassing yourself

FAAC +IGR is share of national cake not productivity don't they teach you people Basic economics

It's no more a surprise why APC tanked our economy

Shut the fvck up.

North West — ₦1.41 trillion
North Central — ₦1.34 trillion
North East — ₦911.65 billion
South East — ₦823.54 billion

See what your unproductive zone contributes to national purse as compared to the "parasite" zones in the North. Instead of burying your head in shame, you are still here typing nonsense.

LegendHero:


😂 GDP statists of which year? 2017?

Guy Imo state is dry, you are still living in the past. Your region is unproductive and dragging Nigeria backward.

Show me any statistics in 2023 that put Imo as second largest economy. Economy in which country? Maybe economy in Biafra because I’m sure you’re not talking about Nigeria.

Nah bro this is a 2022 stats

Can't even wait for this year ratings

With the two biggest gas project in nigeria coming online, and a few power plants.. I expect extra 2 billion dollars in GDP addition

But that's not a bone of contention

IGR and FAAC is not a measure of productivity... In fact they don't measure anything

IGR/GDP is a measure of efficiency of revenue collection at least that's something..

Richtaiwo:

Shut the fvck up.

North West — ₦1.41 trillion
North Central — ₦1.34 trillion
North East — ₦911.65 billion
South East — ₦823.54 billion

See what your unproductive zone contributes to national purse as compared to the "parasite" zones in the North. Instead of burying your head in shame, you are still here typing nonsense.

It's not my fault you skip economics class

North West don't contribute 1.4 trillion that's what they get...

Major contribution is from oil, gas and import duty and from tax...

It's impossible to say North West generated 1.4 trillion it makes no logical sense

This data makes no sense

5

mrvitalis:

Nah bro this is a 2022 stats

Can't even wait for this year ratings

With the two biggest gas project in nigeria coming online, and a few power plants.. I expect extra 2 billion dollars in GDP addition

But that's not a bone of contention

IGR and FAAC is not a measure of productivity... In fact they don't measure anything

IGR/GDP is a measure of efficiency of revenue collection at least that's something..

You expect??

This is Budgit and not NBS. Go on NBS and search state GDP, last they released was 2017.

Stop talking about gas gas. You don’t count gas reserve in the ground as part of GDP. Where did you learn your own economics?

What is the output of gas currently being exported from Imo compared to the output of Crude oil is major oil producing states? I mean $$ value.

So exactly did Imo get this imaginary GDP from?

mrvitalis:

It's not my fault you skip economics class

North West don't contribute 1.4 trillion that's what they get...

Major contribution is from oil, gas and import duty and from tax...

It's impossible to say North West generated 1.4 trillion it makes no logical sense

This data makes no sense

Lmao. Very funny people. It is impossible to say North West generated 1.4 trillion. Yes, this is true because is not biafuro.

Richtaiwo:

Shinedu, this thread is about contribution of zones to the national purse. Compare your contributions to those of the "parasite" zones in the North.

North West — ₦1.41 trillion
North Central — ₦1.34 trillion
North East — ₦911.65 billion
South East — ₦823.54 billion

The data you are showing doesn't represent zonal contributions oga... You obviously don't understand what you re posting

FAAC is revenue share not contributions
IGR is not contribution

So what exactly are you saying FAAC+IGR equals contribution

Wait you no go school?

Richtaiwo:

Shut the fvck up.

North West — ₦1.41 trillion
North Central — ₦1.34 trillion
North East — ₦911.65 billion
South East — ₦823.54 billion

See what your unproductive zone contributes to national purse as compared to the "parasite" zones in the North. Instead of burying your head in shame, you are still here typing nonsense.

Which makes us ponder why you guys are ready to fight war whenever that zone agitates to leave Nigeria?

Am I missing something?

Richtaiwo:

It is impossible to say North West generated 1.4 trillion. Yes, this is true because is not biafuro.

How did North West contribute 1.4 trillion when 90% of that came from FAAC...

How much did North West contribute to FaAC do you have data?

mrvitalis:

It's not my fault you skip economics class

North West don't contribute 1.4 trillion that's what they get...

Major contribution is from oil, gas and import duty and from tax...

It's impossible to say North West generated 1.4 trillion it makes no logical sense

This data makes no sense

the data doesn't make sense because it doesn't show what you would start boasting about.
The northerners are not parasites as you all try to make people believe.

gidgiddy:


Which makes us ponder why you guys are ready to fight war whenever that zone agitates to leave Nigeria?

Am I missing something?

Who and who are fighting war? Or you’re still living in 1967?

Major reason why Nigeria leaders don’t want the breakaway of the nation is because of the South South oil. Nothing more nothing less.

It is the same reason why Ojukwu quelled the Adaka boro secession. The argument is that if one zone successfully leave, then the rest will go

LegendHero:


You expect??

This is Budgit and not NBS. Go on NBS and search state GDP, last they released was 2017.

Stop talking about gas gas. You don’t count gas reserve in the ground as part of GDP. Where did you learn your own economics?

What is the output of gas currently being exported from Imo compared to the output of Crude oil is major oil producing states? I mean $$ value.

So exactly did Imo get this imaginary GDP from?

This is world Bank data... Or u won't accept world Bank data?

mrvitalis:

The data you are showing doesn't represent zonal contributions oga... You obviously don't understand what you re posting

FAAC is revenue share not contributions
IGR is not contribution

So what exactly are you saying FAAC+IGR equals contribution

Wait you no go school?

Shinedu, read the caption of the report again, that is the least you can do to yourself. Or, get anyone around you who can at least read and understand to help you out.

Kokorokomanxxl:
the data doesn't make sense because it doesn't show what you would start boasting about.
The northerners are not parasites as you all try to make people believe.

Is it that you people don't know basic English or you are just gaslighting

FAAC allocation have now turned to contribution?

IGR have now turned to nation revenue contribution?

This data represent contribution share received... Not revenue contribution two different things

LegendHero:


Who and who are fighting war? Or you’re still living in 1967?

Major reason why Nigeria leaders don’t want the breakaway of the nation is because of the South South oil. Nothing more nothing less.

It is the same reason why Ojukwu quelled the Adaka boro secession. The argument is that if one zone successfully leave, then the rest will go

What your missing is that Nigeria is world's poverty capital, 8th most insecure country on earth, had failed, and we need to disintegrate and go our seperate ways

mrvitalis:

This is world Bank data... Or u won't accept world Bank data?

World bank rely on local sources. World bank don’t just sit in their headquarter in Washington DC and manufacture data.

You should be wiser than this.

Go and check world bank report, they will always cite their sources. Sometimes they embark on data gathering using the NBS and etc

Richtaiwo:

Shinedu, read the caption of the report again, that is the least you can do to yourself. Or, get anyone around you who can at least read and understand to help you out.

Read the caption 😂😂😂😂

So wait FAAC allocation is now Contribution?