Why would the most developed state in Africa be subject to recession?
We conquered it. We built it. We made it.
There's no other like the Yorubas.

some comments here are funny, what the fellow is saying is that the Lagos state Government as an entity is not feeling the impact of the recession because it can still carry out its obligations such as salaries and projects due to its huge revenue base which is the product of a long term plan from the days of tinubu thru fashola and now ambode.

It took time for Lagos state to get here so they have enough shocks to counter the impacts of recession. I urge everyone on this forum to be objective and not turn this to a petty tribal thing. If other states have been doing what Lagos has been doing over the years, they will even be better than Lagos.

nototribalist:
Because all the money lagos is making they are spending it on their selves . But when Naija Delta generate money it's for everybody(Nigeria) tell me why them no go blow up pipelines. You have oil wells in Niger Delta but all your offices are located in Lagos and Abuja. Thunder fire una left yanshh.

**** FG control the ports and give Lagos less % than ND get from oil and gas exploration , FG has also failed for decades to service federal roads affected by the congestion from trailers and port activity leaving it to Lagos SG to do.

Lagos has far more intelligent governors who may be theives but know they have to perform well , ND delta governors are just clueless crooks and I would find it hard to name 3 governors who have performed admirably since 1999

Yes o, becos i paid money to urinate

proeast:
Story for the gods. Lagos is not feeling the impact yet residents are lamenting of hardship. What about the increased transport fare? exorbitant cost of food stuff?? hyper inflation low demand for goods & services? erosion of disposable income high cost of energy i.e fuel & electricity Massive job cuts, retrenchment & unemployment Ambode should speak for himself since he has lost touch of what the masses are passing through!!!!

If what you listed are symptoms of reccession. Then i must say Nigeria has always been in recession.

sweetgala:


Where you stupidity lies , FG control the ports and give Lagos less % than ND get from oil and gas exploration , FG has also failed for decades to service fedeala roads affected by the congestion from trailers and port activity leaving it to Lagos SG to do.

Lagos has far more intelligent governors who may be theives but know they have to perform well , ND delta governors are just clueless crooks and I would find it hard to name 3 governors who have performed admirably since 1999

why can't we have our own sea port in cross river and Port Harcourt. Them dey forbid sea port in igbo land.

nototribalist:
why can't we have our own sea port in cross river and Port Harcourt. Them dey forbid sea port in igbo land.

Lagos doesnt benefit anything from the sea port,all revenue accruable from their belong to the federal government, not only that, over 60% of tax incomes by FIRS are generated in Lagos.

Weldone my honourable governor

CandyDiamond:
Igbo business taxes sustaining Lagos like tomorrow no dey

Then ask them to leave Lagos and develop their various state.

nototribalist:
Because all the money lagos is making they are spending it on their selves . But when Naija Delta generate money it's for everybody(Nigeria) tell me why them no go blow up pipelines. You have oil wells in Niger Delta but all your offices are located in Lagos and Abuja. Thunder fire una left yanshh.

You ask urself why they have offices in Lagos and Abuja. Simply because your people are hostile to them. Always asking for imaginary things

I want to urge the federal government to develop seaports in Ebonyi, rivers, cross river, delta, akwa ibom and ondo, to decongest lagos, and so that other states can also 'not benefit' from such 'useless' facilities.

Rubbish.how much does lagos state civil servants earn as minimum wage? What is the level of infastructural development in Lagos? How many homes have access to potable water, electricity? What is the cost of living in Lagos? Ambode and his zombies dey craze

Hiploko:
That means a bag of rice there is still N11,000

Is the increase in cost of bag of rice recession?

It's good the people are paying their taxes but if the recession persists and gets worse the people may no longer have money to pay their tax and the state will suffer it.
Big firms and companies from which the state govt generates much of its tax inflow will definitely begin to find it difficult to meet their obligations to the govt if the situation gets worse, many may close down and leave town and the revenue base of the state will contract.
Much as I hate Buhari and his policies, I want the economy to rebound for good. I don't care who takes the credit but let Nigeria get back to the good old days.

Pavore9:
Lagos State is good at collecting taxes!

Wailers will have running stomach with this news oooo.
No wonder IPOB wanted to take over Lagos as thier own.
Lagos is working and Lagos is for Yoruba and thier brothers in Edo and Delta, IPOB and thier fedora cap republic people go and die

nototribalist:
Because all the money lagos is making they are spending it on their selves . But when Naija Delta generate money it's for everybody(Nigeria) tell me why them no go blow up pipelines. You have oil wells in Niger Delta but all your offices are located in Lagos and Abuja. Thunder fire una left yanshh.

Olodo, Lagos receive nothing from the Ports and Airport revenue, the Niger Delta still receive 13% derivation fund but Lagos receive nothing from the Ports revenue generated by the FG.

OXYZ:
Lagos doesnt benefit anything from the sea port,all revenue accruable from their belong to the federal government, not only that, over 60% of tax incomes by FIRS are generated in Lagos.

Dont mind that bigot.

pxDharniel:


Don't mind all these silly journalists with their sensational headlines! The governor said lagos state is not feeling much impact of the recession and the silly people twisted his words to say immune which is like saying there's no impact at all

[b][/b]RUBBISH
[font=Lucida Sans Unicode][/font][color=#990000][/colorRecession: What recession? If you think Nigeria is broke, then you are living in another planet. Now, please read the information below and tell me why Nigerians crying of hardship are comfortable with the bold looting of their collective wealth by the politicians. #RevolutionLoading

A SELF DECEIVING COUNTRY CALLED NIGERIA

Twenty-one senators currently receiving pensions from government as ex-governors and deputy governors.

The current senators who once served as governors are Bukola Saraki of Kwara, Rabiu Musa Kwankwaso of Kano, Kabiru Gaya of Kano, Godswill Akpabio of Akwa Ibom, Theodore Orji of Abia, Abdullahi Adamu of Nasarawa, Sam Egwu of Ebonyi, Shaaba Lafiagi of Kwara, Joshua Dariye of Plateau Jonah Jang of Plateau, Aliyu Magatakarda Wamakko of Sokoto, Ahmed Sani Yarima of Zamfara, Danjuma Goje of Gombe, Bukar Abba Ibrahim of Yobe, Adamu Aliero of Kebbi, George Akume of Benue and Isiaka Adeleke of Osun.

The former deputy governors in the Senate are Ms Biodun Olujimi of Ekiti and Enyinaya Harcourt Abaribe of Abia. Danladi Abubakar Sani served as the acting governor of Taraba state.

Many former governors are also in Buhari's Cabinet as Ministers. This includes: Ngige, Fayemi, Amaechi and Fashola (SAN).).

In Akwa Ibom State, the law provides that ex governors and deputy governors receive pension equivalent to the salaries of the incumbent. The package also includes a new official car and a utility vehicle every four years; one personal aide; a cook, chauffeurs and security guards for the governor at a sum not exceeding N5 million per month and N2.5 million for his deputy governor.

In Rivers, the law provides 100 percent of annual basic salaries for the ex-governor and deputy, one residential house for the former governor “anywhere of his choice in Nigeria”; one residential house anywhere in Rivers for the deputy, three cars for the ex-governor every four years and two cars for the deputy every four years.

It is alledged that in Lagos, a former governor will get two houses, one in Lagos and another in Abuja, estimated at N500 million in Lagos and N700 million in Abuja. He also receives six new cars to be replaced every three years; a furniture allowance of 300 percent of annual salary to be paid every two years, and a N30 million pension annually for life.

This is the reality for all the 21 ex govenors and deputy governors who are currently serving as senators. This same is also true of ex governors who are now serving as Ministers.

NOW I ASK:
How many years did these guys serve their states as governors and deputy governors? Is it more than 8years? Is that a reason to be entitled to pensions for life? Even if they are entitled to pension for life, must it be so outrageous?

As if that is not enough: HOW on earth can any public servant with conscience collect salaries and allowances as a senator or minister, and still have the audacity to claim pensions equivalent to the salaries of a serving governor in Nigeria?

IT ISN'T ROCKET SCIENCE......

Once you are elected a senator or appointed a minister, you must forfeit any pension accruing to you from government at any level until you vacate office. This should also apply to senators collecting military pensions like former Senate President David Mark.
Yet these senators are in the Senate that is inviting the current finance minister to discuss the recession of Nigeria's economy. A senator pockets approximately 30 million naira monthly as salary and allowances. Our "honourables" are not interested to make laws that could restructure our country into economically autonomous federating States/Regions to save the country from sectional agitations that is threatening to destroy Nigeria.The sad and hopeless situation is that the rest of Nigerians are busy arguing based on party, ethnic and affiliations while these enemies of state continue to rape us.

Do you know that it costs tax payers 290m Naira yearly to maintain each member of our National Assembly in a country where nothing works & 80% of population earn below 300 Naira a day ? A working day earning of a senator is more than a yearly income of a doctor; it's more than the salary of 42 Army generals or 48 professors or 70 commissioners of police or more than twice the pay of the US President or 9times the salary of US congressmen.
Please say NO to looting of Nigeria in the name of democracy by sending this text to at least 5 others.
I think the country must have a referendum on salaries of senators. This must happen very quickly.

If the government can't we the masses must do something.

pol23:



www.vanguardngr.com/2016/09/lagos-immune-recession-ambode/

LAgos is immune to reccession because it doesnt only depend on sale of crude oil

Of course we feeling the recession, day by day most lagosians lament about the ever imcreasing prices of food stuffs and transport fare.
Imagine a derica of rice that was formerly priced at #150 z now #300, thats double the price, without an increment in salaries and dey said we not feeling the recession. Lagosians are crying out, do something to save the economy and do it quick!
Think about wat the average man is going tru at this point

alexlee50:
Rubbish.how much does lagos state civil servants earn as minimum wage? What is the level of infastructural development in Lagos? How many homes have access to potable water, electricity? What is the cost of living in Lagos? Ambode and his zombies dey craze

Compared to whatever State you're from, Lagos has it better.

Now run off and go find a prostitute like you're fond of searching for.

ba7man:
Compared to whatever State you're from, Lagos has it better.

Now run off and go find a prostitute like you're fond of searching for.

the truth is painful. When someone demystifys u, it hurts

alexlee50:
the truth is painful. When someone demystifys u, it hurts

In your mind...... it "demystifys" and it's the "Truth".

Well, to be honest, it's neither.... its random trash you just spoke there.

ba7man:
In your mind...... it "demystifys" and it's the "Truth".

Well, to be honest, it's neither.... its random trash you just spoke there.

let me know when they start selling bag of rice 7k in lagos, when fuel is sold at 45naira, when minimum wage is 45k, when the slums in makoko, ajegunle, lekki have been demolished and rebuilt, when lagosians have access to potable water, electricity. Please let me know

CandyDiamond:
Igbo business taxes sustaining Lagos like tomorrow no dey

the environment has also been sustaining their businesses. its a mutual rltnship.

CandyDiamond:
Igbo business taxes sustaining Lagos like tomorrow no dey

Make dem come invest at home na. Na by force to die for Lagos?