Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,207,853 members, 8,000,598 topics. Date: Tuesday, 12 November 2024 at 12:32 PM |
Nairaland Forum / Nairaland / General / Politics / DMO Releases States External Debts As At Dec 31st 2015 (5267 Views)
Electricity Debts Owed By Benin And Togo Gives Nigeria Concerns / Obiano Plunges Anambra Into $63M Debt - DMO (pic) / DMO Has Exposed The Lies Of Edo Government — Ize-iyamu (2) (3) (4)
DMO Releases States External Debts As At Dec 31st 2015 by Abagworo(m): 11:19am On Mar 24, 2016 |
www.dmo.gov.ng/oci/subn/docs/Federal%20and%20State%20Governments%20External%20Debt%20Stock%20as%20at%2031st%20December_%202015.pdf Beyond hearsay know what your State owes, compare with what was previously owed and understand the level of borrowing.
|
Re: DMO Releases States External Debts As At Dec 31st 2015 by ahaika23: 11:23am On Mar 24, 2016 |
Why is marble-head oshio's own invisible? I greet Aregbese for job weldone. |
Re: DMO Releases States External Debts As At Dec 31st 2015 by Abagworo(m): 11:26am On Mar 24, 2016 |
Cross River, Edo, Kaduna and Ogun are in 9 figures while Lagos is in 10 figures. |
Re: DMO Releases States External Debts As At Dec 31st 2015 by Standing5(m): 11:28am On Mar 24, 2016 |
Food for opinion wailers |
Re: DMO Releases States External Debts As At Dec 31st 2015 by Sealeddeal(m): 11:29am On Mar 24, 2016 |
$60.7million owed by Anambra as against about $30million previously owed. Obiano and his band of propagandist owe us explanations. I have been saying that that drunkard is ruining Anambra state 5 Likes |
Re: DMO Releases States External Debts As At Dec 31st 2015 by Abagworo(m): 11:32am On Mar 24, 2016 |
See Edo and other missing States in first image.
|
Re: DMO Releases States External Debts As At Dec 31st 2015 by Kenai: 11:44am On Mar 24, 2016 |
So, Anambra's debt even skyrocketed to 60.7 million dollars under Obiano? As it stands, their debt is even larger than the much derided Imo's. But them no go gree person hear word with their ceaseless noise about "least indebted Eastern state". Sorry, but that title belongs to the quiet but resilient Ebonyi. I really have a lot of faith in this state called Ebonyi. From their drive to increasing their IGR and positioning themselves. They really seem focused, and this is even more pronounced when you compare them to their fellow states created in 1996. I mean states like Ekiti, Zamfara etc. Ekiti, created at the same period, has an annual IGR of 3 billion or thereabout, and Zamfara does roughly 2 billion; but Ebonyi has an annual IGR of 17 billion! That's more than 5 times the IGR of Ekiti and 8 times that of Zamfara! Now, coupled with the fact that it also has a much smaller debt profile than many, I think Ebonyi deserves a fairly good round of applause, abeg. 20 Likes 5 Shares |
Re: DMO Releases States External Debts As At Dec 31st 2015 by SpaceTour: 11:49am On Mar 24, 2016 |
Focus on your useless and worthless imo state as the thread is not about Anambra. Do you want us to expose the internal debt owed by imo state? This is just an external debt. Could you add the 26b collected by Okorocha from FG bailout and other internal loans, then give us the total. Even though there is nothing to show for it anywhere on the ground. [s] Kenai:[/s] In addition, Delta has got the central bank’s approval to receive N10.036 billion; Ebonyi – N4.063 billion; Edo – N3.167 billion; Ekiti – N9.604 billion; Enugu – 4.207 billion; Gombe – N16.459 billion; Imo – N26.806 billion; Katsina – N3.304 billion; Kebbi – N0.690 billion and Kogi – N50.842 billion. http://www.thisdaylive.com/articles/bailout-cbn-injects-n338bn-in-27-states-to-stimulate-economy/218955/ 4 Likes |
Re: DMO Releases States External Debts As At Dec 31st 2015 by Abagworo(m): 11:52am On Mar 24, 2016 |
Kenai: Ebonyi is a quiet State that's all. Abia under much hated Theodore Orji had their debt reduced though it might be as a result of his refusal to go into capital intensive projects. It might increase under Ikpeazu. Edo and Cross River are the most indebted in South South while Anambra and Enugu are Southeast most indebted. |
Re: DMO Releases States External Debts As At Dec 31st 2015 by SpaceTour: 11:56am On Mar 24, 2016 |
Imo state is the most indebted SE state. By the time we add 26b bailout fund plus this external debt and other internal debts then imo state debt will be over 150b. [s] Abagworo:[/s] In addition, Delta has got the central bank’s approval to receive N10.036 billion; Ebonyi – N4.063 billion; Edo – N3.167 billion; Ekiti – N9.604 billion; Enugu – 4.207 billion; Gombe – N16.459 billion; Imo – N26.806 billion; Katsina – N3.304 billion; Kebbi – N0.690 billion and Kogi – N50.842 billion. http://www.thisdaylive.com/articles/bailout-cbn-injects-n338bn-in-27-states-to-stimulate-economy/218955/ 3 Likes |
Re: DMO Releases States External Debts As At Dec 31st 2015 by Abagworo(m): 12:11pm On Mar 24, 2016 |
SpaceTour: DMO will still release internal debts but let us discuss based on the one at hand. Someone observed that Anambra's external debt doubled in 2 years which ordinarily calls for concern at least from dedicated citizens like you Chino. 2 Likes |
Re: DMO Releases States External Debts As At Dec 31st 2015 by SpaceTour: 12:13pm On Mar 24, 2016 |
Shut up and stop deceiving yourself. The level of debt in Imo state is so high than it calls for a collective weeping from al Igbos for the state. The combination of Imo state external debt and FG bailout fund and other internal debts is something to worry about concerning Imo state. [s] Abagworo:[/s] In addition, Delta has got the central bank’s approval to receive N10.036 billion; Ebonyi – N4.063 billion; Edo – N3.167 billion; Ekiti – N9.604 billion; Enugu – 4.207 billion; Gombe – N16.459 billion; Imo – N26.806 billion; Katsina – N3.304 billion; Kebbi – N0.690 billion and Kogi – N50.842 billion. http://www.thisdaylive.com/articles/bailout-cbn-injects-n338bn-in-27-states-to-stimulate-economy/218955/ 3 Likes |
Re: DMO Releases States External Debts As At Dec 31st 2015 by SpaceTour: 12:17pm On Mar 24, 2016 |
Abagworo oya food don land..this is even different from the 26b bailout! Governor Rochas Okorocha has gotten approval to take the Federal Government’s N20 billion bond. With this, the state debt profile would increase to N80b. It was observed that the state is owing over N60 billion, including the Federal Government’s N26 billion bailout fund, which is expected to be paid back in 20 years. The decision by Governor Okorocha to grab another N20 billion became manifest via a letter from the Federal Ministry of Finance, DMO/PMD/241//T/7, dated August 25, 2015, and signed by A. M. Daniel-Nwaobis, the Permanent Secretary, Ministry of Finance. According to the letter obtained by Vanguard, the Permanent Secretary’s mail was sequel to Okorocha’s earlier letter, dated May 2, 2015, requesting for approval to issue on “an Irrevocable Standing Payment Order, ISPO, for an amount of N402,957,780.91 monthly for 84 months in respect of a N20 billion ISG (Imo State Government) Bond Issuance Programme” to Finance Uncompleted and New Projects.” The Federal Government drew Okorocha’s attention to “the fact that based on the fall in oil prices and the consequent decline of revenues for governments at all levels in the country, there is an urgent need to exercise greater restraint with respect to borrowing to avoid future debt unsustainability.” It informed Governor Okorocha that the Debt Management Office had advised that his request could be granted. Consequently, the Permanent Secretary granted a “no objection” approval for the government to go ahead with the plan. “Accordingly, I hereby grant a no objection for the state government to issue an ISPO for a monthly deduction of N402,957,780.91 for 84 months in respect of a N20 billion bond for the completion of on-going infrastructure development projects and for new development projects in the state, subject to the state meeting other requirements of the Investment and Securities Act, 2007,” the Permanent Secretary stated. http://dailypost.ng/2015/09/21/okorocha-gets-approval-to-increase-imo-state-debt-profile-to-n80bn/ 4 Likes |
Re: DMO Releases States External Debts As At Dec 31st 2015 by Abagworo(m): 12:26pm On Mar 24, 2016 |
SpaceTour: You are going off topic. Anambra owing should be your problem it is not an ego battle. 2 Likes |
Re: DMO Releases States External Debts As At Dec 31st 2015 by Kenai: 12:36pm On Mar 24, 2016 |
SpaceTour: Your hackneyed reaction doesn't surprise me one bit. But boy, the lid has been blown open and the game is up. After all your noise, you're still the 2nd most indebted state in the South-East, and no amount of kindergarten tantrums and worn-out insults will take that away. Cancel posts as much as you want, but you will never cancel facts. And the facts are STARK, staring you right in the face and shaming you for all your lies and fake BOASTS. Even in terms of IGR, Enugu is number 1, followed by Ebonyi, not even Anambra; but from all the noise you clowns make here on Nairaland, person go even think say Barack Obama dey rush to Onitsha in search of foreign aid. Will I call it lack of exposure on your part to not be aware of the fact that there are people far more successful and prosperous but at the same time more humble and mature than you OMATA clowns are, or is it just a latent sttupidity amongst you folks to overblow your minor achievements in a desperate attempt to boost your low self esteem? Abeg, take the L like a man and sit your trifling ass down. You're not important. Ebonyi is a far more exemplary state on what it means to have vision, focus and humility. If you don't like it, go and fight God 8 Likes 2 Shares |
Re: DMO Releases States External Debts As At Dec 31st 2015 by afroniger: 12:42pm On Mar 24, 2016 |
Obiano did say that Peter Obi left him a N105-billion naira debt. |
Re: DMO Releases States External Debts As At Dec 31st 2015 by SpaceTour: 12:45pm On Mar 24, 2016 |
Clown, debt is debt. The fact that Imo state is the most indebted state in the SE region should be a cause for concern for you and your fellow travelers. Let us discuss debt in it's all entirety both internal, external, bonds, bailout funds etc! [s] Abagworo:[/s] 4 Likes |
Re: DMO Releases States External Debts As At Dec 31st 2015 by SpaceTour: 12:51pm On Mar 24, 2016 |
Kikikikikikikiki.. I can only see a pained frustrated daft.. You are an i.diot, the fact that Imo state is owing as much over 150b is something to worry about by you poor worthless clowns. Imo state is presently the least in everything in the SE. Imo state is currently the least in education in the SE, all the external and internal exams and debates points to that. Worthless and least important set people in the SE! The FACTS are very clear that Imo state is the most indebted state in the SE and no amount of noise can change that. You breeders of prostitutes think brothels and churning out h.arlots can help you animals boast IGR. Today Anambra's IGR is over 2b, what is the IGR of your worthless Imo state presently filled with poor people? Imo state has borrowed for 5yrs to finance budget. Imo state has been bailed out with 26b in the recent time. Imo state has collected another FG bond last November. This is aside the external debt. Why are you fools think you can fool anyone? [s] Kenai:[/s] 4 Likes |
Re: DMO Releases States External Debts As At Dec 31st 2015 by Abagworo(m): 12:53pm On Mar 24, 2016 |
SpaceTour: What is even keeping this topic from front page? |
Re: DMO Releases States External Debts As At Dec 31st 2015 by SpaceTour: 12:58pm On Mar 24, 2016 |
@kenai, here the position of your hopeless governor. You cannot deceive us because we know the truth! 4 Likes
|
Re: DMO Releases States External Debts As At Dec 31st 2015 by Abagworo(m): 1:06pm On Mar 24, 2016 |
Taraba, Borno and Yobe are the least indebted States. 1 Like |
Re: DMO Releases States External Debts As At Dec 31st 2015 by Sunnynwa: 1:08pm On Mar 24, 2016 |
Sealeddeal: $25M debt was handed over to him AND NOT $30m |
Re: DMO Releases States External Debts As At Dec 31st 2015 by drss(m): 1:10pm On Mar 24, 2016 |
as usual APC states ar d most indebted states in d zoo. |
Re: DMO Releases States External Debts As At Dec 31st 2015 by Kenai: 1:20pm On Mar 24, 2016 |
SpaceTour: But the difference here is that Imo people never hid their dissatisfaction with Okorocha here on Nairaland. They never ran around like headless turkeys ascribing unwarranted praise to themselves and their governor like you foolishly did. Today, YOU HAVE BEEN EXPOSED, and that is the bitter reality you must live with henceforth. All those empty claims about "most prudent state", where are they today? If you had just shut up and stayed humble, your embarrassment wouldn't have been this bad today. Most sustainable state? Enugu Highest IGR? Enugu Highest GDP? Imo Least debt? Ebonyi. Where una dey? Bunch of noisemaking clowns with their boasts that can never be verified by any credible stats. WILLIE IS BORROWING! Anambra abago one chance. 9 Likes |
Re: DMO Releases States External Debts As At Dec 31st 2015 by SpaceTour: 1:25pm On Mar 24, 2016 |
Stop jumping from pillar to post. Leave other states out of this let us slug it out between Anambra and IMo states..LOL Debt profile- Imo state is the highest Job creation- Imo state is the least Education- Imo state is the least Real GDP- Imo state is the least(stop bandying online nonsense, let us work with the reality..LOL) Worthless bunch of i.diots. We are not responsible for the backward and hopeless condition of your state despite the huge debt profile. Useless people.. [s] Kenai:[/s] 4 Likes |
Re: DMO Releases States External Debts As At Dec 31st 2015 by SpaceTour: 1:28pm On Mar 24, 2016 |
Look at the financial condition of imo state Kenai over to you. 4 Likes
|
Re: DMO Releases States External Debts As At Dec 31st 2015 by Sealeddeal(m): 1:29pm On Mar 24, 2016 |
Sunnynwa:And the man increased it to $60.7million and there is nothing to show for it save in the area of propaganda and drinking. Obiano is a huge crook. 6 Likes 1 Share |
Re: DMO Releases States External Debts As At Dec 31st 2015 by Kenai: 1:37pm On Mar 24, 2016 |
SpaceTour: At bolded: Yeah, they're the least according to OMATA Market Union "interrectuahs", right? Cite the stats and stop making a buffoon of yourself, Chinoso. A man of over 42 years of age like yourself should know better than to act a fool on the internet. After all the noise, nothing to show. Nwokem, ihere onwe gi megbukwaa gi I'll wait quietly for you to bring those statistics. And failure to do so would only confirm what we know already - That you're a pathological liar 8 Likes |
Re: DMO Releases States External Debts As At Dec 31st 2015 by SpaceTour: 1:40pm On Mar 24, 2016 |
Worthless clown the stats are there for anyone to see. Check WAEC, NECO, UNity school for the past 10yrs. Anambra has always been on the top while we dominate every other sector. Imo state has always been the least. Hopeless people dunces.. It is not noise but action. We got to a point that we represented Nigeria at the international stage. Show us similar feat by your bankrupt Imo state. The joke is on you.. [s] Kenai:[/s] The team of five students from Anambra State representing Nigeria in this year’s edition of the World Schools Debate Championship has defeated the debate team of Katong Convent School in Singapore. The Anambra’s team had emerged champions at the President’s Schools Debate Contest held in Ogun State last October to mark Nigeria’s 55th Independence and consequently assumed the status of Nigeria’s flag bearer in the World Schools Debate Championship for 2016. A press statement from James Eze , Governor Willie Obiano’s Senior Special Adviser on media, said ‘’to represent Nigeria in the global championship, Team Anambra had to consign Kaduna and Niger State contingents to second and third positions respectively at the Abeokuta Championship. ‘’Since arriving Singapore for the special training that would put it on the right track for a competitive performance on the global stage, Team Anambra has demonstrated a keen appetite for learning, adjusting quickly to the new environment and soaking up crucial speaking skills from renowned debate coaches culminating in its comprehensive victory over Katong Convent School.” Offering insights into the performance of the Team in Singapore, the Anambra State Commissioner for Education, Prof. Kate Omenugha who travelled with the students said, “since we arrived on Monday, the students have been receiving training from renowned debate coaches on the global best practices in debate.” http://www.authorityngr.com/2016/01/-World-Debate-Championship--Anambra-students-shine-in-Singapore/ 4 Likes |
Re: DMO Releases States External Debts As At Dec 31st 2015 by LadyExcellency: 1:45pm On Mar 24, 2016 |
Sealeddeal: It was used in buying Lagos State bonds. Are you now satisfied? |
Re: DMO Releases States External Debts As At Dec 31st 2015 by SpaceTour: 1:47pm On Mar 24, 2016 |
@Kenai, where are you. Post your own.. Two Anambra students win STAN exhibition Croatia Two students of the Queen of Rosary College (QRC) Onitsha have emerged winners of the Science Teachers Association of Nigeria (STAN) Project Exhibition held recently. In a release from the office of the State Commissioner for Information, Culture and Tourism, the students, Miss Odife Chinecherem and Aidelokhai Winifred won the exhibition with their locally manufactured food drier device which could be used to dry all kinds of food items. The two students who were supervised by a team of QRC Parents Teachers Association Science Teachers are to represent Nigeria at an International Science Project Exhibition scheduled for Mexico in November this year. In another development, Anambra State Junior Debate Team is to represent Nigeria at the Junior World Schools Debate coming up in Croatia in December this year. According to the release from the office of the State Commissioner for Information, Culture and Tourism, the representation is sequel to the brilliant performance of the team at the 2014 Independence Inter- States Universal Basic Education Board (SUBEB) Schools' Debate where it came first in the entire federation. Meanwhile, the Anambra State Senior Debate Team has returned from Singapore where they performed creditably in representing Nigeria at the recent World Schools' Debate held in Singapore. The release further stated that the victorious Anambra Senior Debate Team would be presented with a certificate of recognition by the First Lady of Nigeria Mrs Aisha Buhari on 19th October 2015 4 Likes |
Re: DMO Releases States External Debts As At Dec 31st 2015 by betterABIAstate: 1:49pm On Mar 24, 2016 |
The difference between Ogun and sound is that Ogun has more capability to pay up. |
Breaking: Kwakwanso, 10 Kano State Lawmakers Dump APC For PDP / BREAKING: Massive Jubilation As Fayose Breaks Another World Record / See Their Faces: Akwa Ibom PDP Mourns Akpabio's Defection To APC
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 88 |