Larryton:

A state like Lagos needs borrowing for massive infrastructural development, and I believe you and I can witness the dividend of well spent (debt) on infrastructure, it's also possible that some states may have borrowed less cos they don't really know what they can spend money on that will better the live of their people and even generate more IGR for their state. Thumbs up Lagos State, we all know the in coming years the IGR will be triple.

kimbraa:
Lol, I'm actually serious. Did you study Economics?.

Okwute001:
lagos state + Lagos city= dustbin.. get out of Lagos state and see.. come to 042 and see wonders...visit akwaibom too.. people like you have lived in Lagos all their life.

Okwute001:
lagos state + Lagos city= dustbin.. get out of Lagos state and see.. come to 042 and see wonders...visit akwaibom too.. people like you have lived in Lagos all their life.

sunshineG:
yes

Cuche:

Lagos State is capable of servicing its debt but what some of us are searching for are the infrastructure where the loans were spent on. From what I know heavy projects like Eko Atlantic, Dangote Refinery even Banana Island are privately engineered, I know the loans Dangote and the rest took from EXIM Banks are not among the $$Billions Lagos is indebted to. What the private sectors need from Lagos Government as it stands is just neat roads and probably regulations. Do we have the roads that justify such "monstrous" debt? Maybe a km of road in Lagos costs N5 Billion.

globemoney:
Anambra, no bailout funds, low debt profile and yet no civil servant is being owed salaries. Willie Obiano for president!

Ichietome:
The truth is, Anambra state will attract a whole lot of unprecedented economic growth and general development if the government will turn it's attention towards Nnewi town.

Massive infrastructural investments in Nnewi are what the government needs to do.
-dualize the major roads, construct a flyover, repair the deteriorating roads, finish the shopping mall,restructure and invest in Nkwo Nnewi.

Anambra state needs an airport situated at Nnewi if it is to attain great economic heights.

Anambra needs Nnewi in order to achieve unimaginable economic development.
Sadly, successive state government administration's have conveniently ignored this.

It is a pity!

kimbraa:
I see...nice one.
It's actually a course I'm inlove with sha.

sunshineG:

please mr lecturer
Please can you explain how officials in lagos have embezzle the entire money they borrowed

Plus where in the report did you see that lagos borrowed at 23%

Do you know states in nigeris issue bonds and most countries in Africa borrow from the infrastructure bank of china to finance certain projects

jpphilips:


Anambrarians want to replace him with Thieves, that's why I like Lagos, they have an eye for exceptional leaders.

sunshineG:
I love the fact you are in love with it...are you planning to study something along that line?

Bagehot:


Mr Stupid, I never said Lagos borrowed at 23%, rather I was trying to explain how public debt is good for development. Secondly, I also did not say the Lagos officials embezzled the money they borrowed. If you cant comprehend what others write, shut your pie hole.

kimbraa:
Yeah, Accounting or Econs. Anyone UNIBEN gives me would be fine but I do really good in Economics, got 74 in it alone in JAMB. I prefer Accounting 'cause it's more of a professional course to Economics.

sunshineG:
you are right but if you study economics you can always do some professional exams to cover the accounting part... anyways your it is your choice sha

deomelo:




Ambode should get education from one of the most useless, incompetent and project-less governors in Nigeria..

Education in what? In one of the lowest and poorest budget and IGR in Nigeria or how to commission ZERO projects?

These Igbos fit kill pesin with lafta sha.

Cuche:

Obiano didn't do much on road infrastructure in Anambra Central and South, it is not only Nnewi problem. Since, he's postured that timely opening up of Anambra East/West is the key to Anambra future, which is understandable giving the Oil and gas, flat farming grade soils, and flat land for the Airport city. I expected him to also touch a few economically important roads in the other Senatorial Zones while attending to the hitherto neglected Anambra North.

globemoney:

Your own na small case, is not 10k monthly stipend you get from obi that is making you run mad. Keep posting fake documents as evidence of money obi left behind... Peter obi must have used your brain for ritual

darkdude:
#obianoEffect. best governor like no other, we want Willie,4 more years.....

globemoney:

Tell peter obi your oga to send the account number let me send the 7 billion he is requesting from Obiano.. I get enough money

deomelo:



See comedy.


Governor with one of the lowest IGR and poor budgets in Nigeria is the best and to make matters worse, after so many years in office, no projects to show after the small village substandard gather bridge..


I guess it doesn't take much to be the best in your village

Mopolchi:
Tell Chikadiobi Ezekwesiri... but won't hear. A deranged fellow. No need wasting time with Ezekwesiri aka globemoney.

globemoney:

oya tell you oga to send his account number.. I want peace

bibe:

Are you for real?

cstr1000:

Coming from someone praising unprecedented corruption and backwardness.
You are so deluded to even compare lagos to well-established nation states with verifiable evidence of good governance.
God forbid that I disabuse a Yoruba mind of its own folly. Who has that time?
I am done with you.

Okwute001:
lagos state + Lagos city= dustbin.. get out of Lagos state and see.. come to 042 and see wonders...visit akwaibom too.. people like you have lived in Lagos all their life.

Bolustical:

Tinubu's years of 'mismanagement' has made Lagos the 5th largest economy in Africa,

At least, you cannot compare it with the years of 'judicious spendings' of Orji Uzor Kalu, T.A Orji, Sam Egwu, Martin Elechi,

Tinubu's 'mismanagement' has made the likes of Evans desert the SE for more money in Lagos,

In fact, his 'mismanagement' caused Akwa Ibom government to go against the will of its people by planning to build a 21 storey mansion in Lagos,

Down deep in your heart, we know you want such 'mismanagement' in your state.