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Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) - Politics (6) - Nairaland

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IGR: Poor And Rich States In Nigeria - Economic Confidential / Nigerian States By Internally Generated Revenue (IGR) - 2015 / Ranking Of Nigerian States By Poverty Rates (2) (3) (4)

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Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by pazienza(m): 10:56pm On Nov 12, 2015
wisdomguy4u:


You should create a separate thread for this info. It's very enlightening

No need for that. An old thread already exists for that, and it had been roundly and hotly debated.
Those stats were completly eviscerated here:https://www.nairaland.com/2418994/ranking-nigerian-states-poverty-rates/9


You can resurrect it if you want.

3 Likes

Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by inlandtaipan: 10:57pm On Nov 12, 2015
WIZGUY69:



you are not making sense.
please how old are you
I'm old enough to attend oregbesola's next owenbe, make we chop osun state borrowed fund small grin

11 Likes 1 Share

Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by totit: 10:57pm On Nov 12, 2015
Nicepoker:
Another poor soul

Awww
C'on now act like a man.
These are fact grin

Why are you angry, for what exactly?

Op, could you please provide another link or the one that one can open cheesy
Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by MrEverest(m): 10:57pm On Nov 12, 2015
I always cry whenever I think of what would have been if Biafra was allowed to stand in 1967. A country that is blessed with human & natural resources. They built rockets, refined petroleum, built APC's, converted passenger planes to fighter jets, built remote controlled bombs called Ogbunigwe & many others when some yorubas were still walking about naked!! Biafra would have been a developed country today. In the 50's & early 60's when they were in control of the Nigerian economy, we were at par with the Asian tigers but immediately the gambaris took over everything went over-board. We asked for resource control they said no. We asked for true federalism they say no but now we must have Biafra wether they want it or not! To hell with enemies of progress.

19 Likes 2 Shares

Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by totit: 10:59pm On Nov 12, 2015
Decryptor:


Ok. What of the Financial reports? Are they lies too?
Anyway, hope you have eaten dinner in your "poor region"? undecided
I can send you some Garri via Young Shall Grow Parcel services in case you haven't cheesy cheesy

Are you just being playful or what?
Please read for Pete sake wink

Don't be lazy check the links provided grin
Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by StOla: 10:59pm On Nov 12, 2015
Kenai:
Three days ago, Nigeria's budget-monitoring tech organization, BudgIT, released a detailed document on the states of Nigeria; their economic situations, debt burdens, budget-funding capabilities, internally generated revenue ratings and financial sustainability.
This move is part of a greater plan to engender transparency in our budgets, as well as demand better accountability from our various state governors across the federation.

The document had some revealing details, some shocking details, as well as some downright damning ones. I guess reality is truly different from state-sponsored propaganda and social media rhetoric.

[size=14pt]Ability Of States To Meet Recurrent Expenditure[/size]
In this category, the states are ranked by the figures realized after subtracting the total monthly salaries paid by the states from their monthly income. The states in red are states whose monthly incomes are unable to meet up with the monthly wage bill. In other words, states that are unable to pay their salaries without having to borrow. States in green, on the other hand, are states whose monthly incomes are enough to adequately pay salaries and still have some leftovers for other engagements.
This is the table:


From the table above it can be deduced that Lagos, Rivers, Delta, Katsina and Enugu are the top 5 states with the highest leftover cash even after meeting monthly obligations; while Osun, Plateau, Ogun, Nasarawa and Oyo are the bottom 5 states as well as the states with the greatest inability to meet monthly payments without having to borrow.
Perhaps interesting to note, is the fact that Osun state's monthly shortfall is larger than the monthly shortfalls of Ekiti, Bauchi, Abia, Kaduna, Zamfara, Imo and Gombe, combined.

On a region-by-region basis, it can also be deduced that:

1. In the South-South, all other states are green except Bayelsa and Akwa Ibom.

2. In the South-East, Enugu, Ebonyi and Anambra are able to meet recurrent obligations, but Imo and Abia are unable to.

3. In the South-West, Lagos is the only state currently meeting its recurrent obligations while all other sister states, Ekiti, Ondo, Oyo, Ogun and Osun, are unable to.

4. Taraba and Yobe are the only North-Eastern states without monthly shortfalls

5. Niger, Benue and Kogi are the only North-Central states currently without shortfalls.

6. Zamfara and Kaduna are the only North-West states with shortfalls.


[size=14pt]Internally Generated Revenue[/size]
This was published a few weeks ago, but republished three days ago...






[size=14pt]Ranking Of States By Debt[/size]





And finally...


[size=14pt]State Sustainability Index[/size]

BudgIT published the final info known as "State Sustainability Index". This is the rating of the states by their financial sustainability. It factors in the state's IGR, as well as its total debt stocks, AND recurrent expenditure before arriving at its final figures.
This is the standard formula used in calculating state sustainability index:



Using the formula above with IGR's and debt stocks previously posted, below is the ranking of the states by their sustainability indices:



From the table above, it can be deduced that Rivers State, with its high IGR and relatively low debt, is Nigeria's most sustainable state, with Lagos, Enugu, Delta and Katsina all trailing in that order to make up Nigeria's top 5 most sustainable states.

Counting from the bottom, on the other hand, Plateau, Osun, Nasarawa, Borno and Ekiti are ranked as Nigeria's least sustainable states, with their low IGRs and inexplicably high debts.

On a personal region-by-region ranking (gotten by adding all the indices for every state in each region and dividing by the number of states in said region), the South-South is by far Nigeria's most sustainable region with a cumulative average sustainability index of 8.27

Coming a very distant second is the South-East with an index of 6.43

In third place is the North-West with an index of approximately 5.45

Number 4 is the South-West with 5.43

Coming fifth place with an index of 4.39, is the North-Central

And scraping the bottom of the barrel at last place, is the insurgency-torn North-East with an index of 3.97

Download the PDF here: http://www.yourbudgit.com/wp-content/uploads/2015/11/THE-FATE-OF-STATES-Final.pdf



Lagos' super IGR is Tinubu's everlasting legacy.
Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by totit: 11:01pm On Nov 12, 2015
grin

You guys should quit quoting base on emotion grin
Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by inlandtaipan: 11:03pm On Nov 12, 2015
totit:
grin

You guys should quit quoting base on emotion grin
It hurts to see someone crying and posting smiling smileys grin

9 Likes 1 Share

Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by JustCare: 11:03pm On Nov 12, 2015
Easy... stop generalizing, moreover, you don't know my nativity son.

pazienza:


This is the problem with Oduanistanis. You lots refuse to tell yourselves the truth. You keep creating useless propaganda that are injurious even to your region and keep spreading them through your Lagos-Ibadan press to save face and confuse the gullible ones.

The truth is that your falsehoods will not survive the scrutiny of the ICT age, it will be so mercilessly stripped of all veneer of pseudo truths and ruthlessly unmasked for all to see by Biafrans.

https://www.nairaland.com/237534/look-going-school-nigeria-statistics

Easy... stop generalizing, moreover, you don't know my nativity son.



Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by WIZGUY69(m): 11:06pm On Nov 12, 2015
inlandtaipan:
its from www.budgit.com
I saw it, Yorubas are cursed parasites in this country.


Why is the site showing maintenance page? after causing commotion with their useless stats
btw

it's your parents that's parasites.
ask them where did they run to for greener pastures? your obodo oyinbo will always be Yoruba land.

1 Like

Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by totit: 11:06pm On Nov 12, 2015
inlandtaipan:
It hurts to see someone crying and posting smiling smileys grin

O what has N'L become.

1. The link provided by the op is empty

2. SW is the least region with poverty.


3. Lagos is SE/iboo london.

Tell me what's the use of these if you people continue to troop into my region on a daily basis, and many of you can't survive without SE/nigeria? grin

Wonder shall never end sef shocked
Please tell me something else abeg?

Please stop quoting on emotion. undecided

1 Like

Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by inlandtaipan: 11:08pm On Nov 12, 2015
WIZGUY69:




Why is the site showing maintenance page?
after causing commotion with their useless stats

btw


it's your parents that's parasites.

ask them where did they run to for greener pastures?
your obodo oyinbo will always be Yoruba land.
even borno is doing better than most Yoruba States

I can't stop laughing grin

13 Likes

Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by LordAdam: 11:10pm On Nov 12, 2015
sonnie10:
Speaking objectively, I pity those who did not take college level statistics. Until you are able to understand the importance of this figure, do not celebrate your region yet. The truth is that statistical figures could be manipulated to favor any argument. When looking at this type of analysis were individual states are placed in groups, pay close attention to the following;

1) Outliners: Figures that are two large or two small to affect the outcome in that group.
2) Skwedness: How outcome is pulled either positively or negatively because of an individual
3) The statistical significance: A case where one naira difference would land a group in a positive position when in actual sense, it is insignificant.
4) Credibility: How the figures were obtained
5) social and Theoretical significance of figure: How figure actually translate to real life situation.
6) Bias and content analysis
7) Other variables.


Gerarrahia mehn!

6 Likes 1 Share

Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by JustCare: 11:10pm On Nov 12, 2015
OBAGADAFFI:


Ogun IGR is good.

But that expenditure is very bad.

What are this states spending money on.

ghost workers, i believe. Almost everyones name is on the payroll, Lagos have started experiencing that too...Everyone is queuing up at Alausa every other day.

1 Like

Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by totit: 11:11pm On Nov 12, 2015
Fake link angry
Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by WIZGUY69(m): 11:13pm On Nov 12, 2015
[quote auth[s]or=MrEverest post=39962145]I[ always cry whenever I think of what would have been if Biafra was allowed to stand in 1967. A country that is blessed with human & natural resources. They built rockets, refined petroleum, built APC's, converted passenger planes to fighter jets, built remote controlled bombs called Ogbunigwe & many others when some yorubas were still walking about naked!! Biafra would have been a developed country today. In the 50's & early 60's when they were in control of the Nigerian economy, we were at par with the Asian tigers but immediately the gambaris took over everything went over-board. We asked for resource control they said no. We asked for true federalism they say no but now we must have Biafra wether they want it or not! To hell with enemies of progress.[/quote][/s]


You are the biggest foool of the century.
when the Yoruba were walking unclad you said? grin
are you trying to twist facts & history?

for your info, iboes were the one wrestling with baboons in the jungle of Enugu when the Yoruba were busy building the tallest structure in west Africa. including the first hotel, university, hospital. I will stop here for you.
don't be too emotional cheesy
you are a man. grin
Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by yommen: 11:13pm On Nov 12, 2015
[quote author=NoreenUG post=39956169]lmao!!! shame no go gree the sophisticated mugus show face for here grin
I swear they just have to keep thanking their stars for lagos, coz that's their only saving grace, if not, these people wud be rubbing shoulders with MOGADISHU. grin
even with lagos, they still reek of mediocrity.
now imagine life without it.[/quot

Lagos has attracted most things away from other south west states basically because these states have become virtually incapacitated by the migration to Lagos. On the ordinary level, if their potential are fully utilised, Lagos will lag behind.
Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by logica(m): 11:13pm On Nov 12, 2015
MrEverest:
I always cry whenever I think of what would have been if Biafra was allowed to stand in 1967. A country that is blessed with human & natural resources. They built rockets, refined petroleum, built APC's, converted passenger planes to fighter jets, built remote controlled bombs called Ogbunigwe & many others when some yorubas were still walking about naked!! Biafra would have been a developed country today. In the 50's & early 60's when they were in control of the Nigerian economy, we were at par with the Asian tigers but immediately the gambaris took over everything went over-board. We asked for resource control they said no. We asked for true federalism they say no but now we must have Biafra wether they want it or not! To hell with enemies of progress.
Hahahaha...on par with the tortoise fables. Tales by moonlight?
Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by SIRTee15: 11:16pm On Nov 12, 2015
OBAGADAFFI:

But that's wrong!
Ogun got the fifth highest IGR in Nigeria.
They shouldn't be sourcing loans anyhow.
well u need to ask amosun and madam kemi adeosun

1 Like

Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by gaetano: 11:17pm On Nov 12, 2015
Just negodu

Well.. If Nigeria should split, Southwest will sustain themselves with OFE MMANU natural resources
grin

8 Likes 2 Shares

Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by DKOKO3(m): 11:17pm On Nov 12, 2015
Going by this statistics, I want to commend the most criticised governor on social media, Owelle Rochas Okorocha.

I take grave offence when perceived learned persons display stupendous ignorance by carpeting the policies implemented by his government.

Though Imo is an oil producing state but generate a little to meet social, political, economical needs, yet borrowed reasonably.

Rochas has done brilliantly well in revamping all sectors of the economy in Imo state. The level of achievement recorded also, is verifiable.

Gone are those days we are myopic in our outlook or self assessment of a progressive government. Learn not to be economical in dishing out truth so that people can commend your efforts in whatever capacity you find yourself.

I stand to be corrected though. Fashola is the least in terms of certificate or degree bagged yet he man three powerful ministries. #fact

Not by selfish interest but by commitment and hardwork.
If you can't stand the heat, leave the kitchen.

1 Like

Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by Nobody: 11:17pm On Nov 12, 2015
WIZGUY69:




Why is the site showing maintenance page?
after causing commotion with their useless stats

btw


it's your parents that's parasites.

ask them where did they run to for greener pastures?
your obodo oyinbo will always be Yoruba land.
koning:



Lagos sef is technically NOT a South West (as in Yoruba)state. With almost 50% of it's population not indigenous to South West, it cannot truly be classified a Yoruba state. Ascribing Lagos to SW is mere geography.
Off course, even in Nigerian constitution, Lagos is not part of Western region, Lagos is center of excellence built by combined efforts of all Nigerians and Federal oil money. Lagos been the capital of Nigeria for more than 30 years from 1960. The geopolitical zones is not in Nigerian constitution. Those claiming Lagos as their own is high on Oshogbo weed, is like a tribe in the north claiming Abuja as their own after massive input by FG and resourceful Nigerians to make it what it is today

3 Likes 1 Share

Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by Nobody: 11:18pm On Nov 12, 2015
totit:


O what has N'L become.

1. The link provided by the op is empty

2. SW is the least region with poverty.


3. Lagos is SE/iboo london.

Tell me what's the use of these if you people continue to troop into my region on a daily basis, and many of you can't survive without SE/nigeria? grin

Wonder shall never end sef shocked
Please tell me something else abeg?

Please stop quoting on emotion. undecided
koning:



Lagos sef is technically NOT a South West (as in Yoruba)state. With almost 50% of it's population not indigenous to South West, it cannot truly be classified a Yoruba state. Ascribing Lagos to SW is mere geography.
Off course, even in Nigerian constitution, Lagos is not part of Western region, Lagos is center of excellence built by combined efforts of all Nigerians and Federal oil money. Lagos been the capital of Nigeria for more than 30 years from 1960. The geopolitical zones is not in Nigerian constitution. Those claiming Lagos as their own is high on Oshogbo weed, is like a tribe in the north claiming Abuja as their own after massive input by FG and resourceful Nigerians to make it what it is today

4 Likes

Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by Jolumania432(m): 11:20pm On Nov 12, 2015
cheesy kogi wey dey own 3months salaries, all my lecturers here are complain, dey jst saw alart of september salary today..who do dis list don high wit tramadol 1000gm
Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by WIZGUY69(m): 11:20pm On Nov 12, 2015
inlandtaipan:
even borno is doing better than most Yoruba States

I can't stop laughing grin


I thought you are educated.
despite having brain (even though it's not working well), go back And read the article again, this time line by lines. check the states with the fifth highest igr.
or better still check the rankings of All the western states.

this piece is mainly talking about ratio of debt to the igr of each states.

but base on the hates your folks have on the Yoruba (been the fact that we are your colonial masters). you decided to turn blind on the main point.
it's well grin

1 Like

Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by saintkel(m): 11:21pm On Nov 12, 2015
Ibebe:

Since you're tired of the insults, go back to the east and declare biafra.
Tribalistic bigot always blaming odas for ur misfortune

1 Like

Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by totit: 11:21pm On Nov 12, 2015
Rayhut:


Off course, even in Nigerian constitution, Lagos is not part of Western region, Lagos is center of excellence built by combined efforts of all Nigerians and Federal oil money. Lagos been the capital of Nigeria for more than 30 years from 1960. The geopolitical zones is not in Nigerian constitution. Those claiming Lagos as their own is high on Oshogbo weed, is like a tribe in the north claiming Abuja as their own after massive input by FG and resourceful Nigerians to make it what it is today

Must you stress you self. This is a bit to long.
Lagos is for all base on the statue quo of the nigeria.

So, sh.ut the hell with bra-frat because once you leave? It's then you will know that lagos is yoruba/SW.

Why am I even stressing myself sef wink

Oya carry lagos go aba abeg

1 Like

Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by totit: 11:23pm On Nov 12, 2015
WIZGUY69:



I thought you are educated.
despite having brain (even though it's not working well), go back And read the article again, this time line by lines. check the states with the fifth highest igr.
or better still check the rankings of All the western states.

this piece is mainly talking about ratio of debt to the igr of each states.



but base on the hates your folks have on the Yoruba (been the fact that we are your colonial masters). you decided to turn blind on the main point.
it's well grin

I wasn't surprise. On NL? Anything goes even a stats with empty link grin

This is rather a show of mockery nothing serious, it's all about how NL works...traffic angry

1 Like

Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by inlandtaipan: 11:23pm On Nov 12, 2015
Just downloaded ooo

1 Like

Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by Nobody: 11:23pm On Nov 12, 2015
totit:


O what has N'L become.

1. The link provided by the op is empty

2. SW is the least region with poverty.


3. Lagos is SE/iboo london.

Tell me what's the use of these if you people continue to troop into my region on a daily basis, and many of you can't survive without SE/nigeria? grin

Wonder shall never end sef shocked
Please tell me something else abeg?

Please stop quoting on emotion. undecided

Keep fooling yourself. I was in Osun the other day, the level of poverty there was so brazen that my wife couldn't hold her tears.

16 Likes 1 Share

Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by inlandtaipan: 11:25pm On Nov 12, 2015
WIZGUY69:



I thought you are educated.
despite having brain (even though it's not working well), go back And read the article again, this time line by lines. check the states with the fifth highest igr.
or better still check the rankings of All the western states.

this piece is mainly talking about ratio of debt to the igr of each states.

but base on the hates your folks have on the Yoruba (been the fact that we are your colonial masters). you decided to turn blind on the main point.
it's well grin
lets flex osun bailout fund, I heard they collected the highest cheesy

Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by MCMLXXVI(m): 11:25pm On Nov 12, 2015
totit:
Op, you link isn't opening

You're supposed to download the PDF and read it using Acrobat Reader.
You probably don't have Acrobat. Check your system.

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