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Nairaland Forum / Nairaland / General / Politics / Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) (3636 Views)
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Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by Johnnyessence(m): 11:32am On Aug 11, 2020 |
For every N100 shared to the Osun State government as revenue allocation from the federation account (FAAC), N91 has deducted to service its debt, a pointer to how the state’s fiscal crisis has moved from bad to worse. The southwestern state has been grappling with years of backlogs of unpaid salaries owing to what… https://businessday.ng/business-economy/article/osun-flirts-with-insolvency-spends-91-of-faac-servicing-debt-in-q1/
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Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by Johnnyessence(m): 11:33am On Aug 11, 2020 |
Aregbesola and his encyclopedia of finance destroyed Osun state. 8 Likes 1 Share |
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by ThatFairGuy: 11:36am On Aug 11, 2020 |
[s] Johnnyessence:[/s] Do you know road to Osun State? Besides, AnambraIstson make thread outta this earlier, it didn't reach fp, you are also here to try your luck of shame. NONSENSICAL |
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by Sammy07: 11:38am On Aug 11, 2020 |
Johnnyessence: But none of the previous Osun governors can match Aregbesola achievements in Osun state. 2 Likes |
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by Kriss216: 11:40am On Aug 11, 2020 |
Poverty rate in Osun is high. I rather live in Somalia than staying in Osun! 10 Likes 2 Shares |
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by Kriss216: 11:41am On Aug 11, 2020 |
ThatFairGuy:Ghetto politician, he mustn't know road to Osun to know Osun is destroyed. 16 Likes 2 Shares |
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by Johnnyessence(m): 11:41am On Aug 11, 2020 |
the clueless and useless Aregbese will be bringing O' this O' that not knowing that everything na debt he's incurring to osun state. now generation yet unborn will be paying the debt he foolishly incurred in the state. 10 Likes |
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by Johnnyessence(m): 11:43am On Aug 11, 2020 |
Kriss216:it's not even about poverty here, it's about the welfare of workers and pensioners living in penury. 9 Likes |
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by GboyegaD(m): 11:43am On Aug 11, 2020 |
It isn't just Osun, Nigeria is moving in the same direction faster than we can imagine with all the borrowings going on and state government not making plans to generate revenues internally to help in repayment of their loans and other recurrent expenditures. 4 Likes |
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by Kriss216: 11:44am On Aug 11, 2020 |
Johnnyessence:Is living in penury not poverty 1 Like |
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by ThatFairGuy: 11:44am On Aug 11, 2020 |
Kriss216:Una don gather? No problem . Meanwhile, Mod should take note there's a thread on this already |
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by Johnnyessence(m): 11:45am On Aug 11, 2020 |
Sammy07:which achievement please. no achievement here. 2 years gone that he has left the government , the roads from gbongan to odeomu hasn't been completed. it's still in dilapidated state as I speak. oyinlola even tried more in revamping the economy of the state. 12 Likes |
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by ThatFairGuy: 11:46am On Aug 11, 2020 |
Johnnyessence:This is PURE IGNORANCE 2 Likes 1 Share
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Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by Kriss216: 11:46am On Aug 11, 2020 |
The only good development Osun people can boast of is changing Osun state to State of Osun., and they're happy. 8 Likes |
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by Johnnyessence(m): 11:48am On Aug 11, 2020 |
ThatFairGuy:which road here. you better don't say what you don't know. I was born and bred in osun state. so please don't blow propaganda here. Aregbese is the most clueless ex Governor osun state will ever experienced. up till today, the 15 months he left behind hasn't Been paid. 8 Likes |
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by ThatFairGuy: 11:48am On Aug 11, 2020 |
Johnnyessence: Now I know who you are Invite Amotolongbo as well. Oyin tried when he left Osun IGR at 300m while Aregbe increased it to barely 2b within 3yrs. 1 Like |
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by Johnnyessence(m): 11:48am On Aug 11, 2020 |
ThatFairGuy:you are the one that's displaying it and not me OK. 2 Likes |
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by Kriss216: 11:49am On Aug 11, 2020 |
ThatFairGuy:This thread hitting FP or not doesn't change the fact that Osun is destroyed. My prayers are with them, sha 8 Likes |
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by Nobody: 11:49am On Aug 11, 2020 |
Where are the omo igr them ...there is no need to panic right ? 11 Likes
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Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by Johnnyessence(m): 11:50am On Aug 11, 2020 |
ThatFairGuy:that's what you will be posting here. still almost the allocation of osun state have been paid to offload the debt the clueless ex Governor incurred in osun state. 8 Likes |
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by Johnnyessence(m): 11:52am On Aug 11, 2020 |
Kriss216:don't mind the clueless ex Governor and his handlers. even the court have do justice to that on that name. it's osun state* but the so called mandate robber oyetola haven't change it yet. he's still calling it state of osun* 13 Likes |
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by Pentagon007: 11:53am On Aug 11, 2020 |
The economic situation in this country is too bad. Lalasticlala Seun Mynd44 Please move to front page 2 Likes |
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by Nobody: 11:53am On Aug 11, 2020 |
ThatFairGuy:The truth is the truth u can't hide it for ever 9 Likes |
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by ThatFairGuy: 11:53am On Aug 11, 2020 |
Johnnyessence: STOP implying what you know NOTHING ABI please. And you expect workers not to have protest Osun a Dara o. T'Omoluabi e se Johnny |
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by Sammy07: 11:55am On Aug 11, 2020 |
Johnnyessence: Oga, Aregbesola might left debt. But he's the best governor Osun has produced. Employment, Roads, school. Good light. So what are you saying? 1 Like |
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by Johnnyessence(m): 11:56am On Aug 11, 2020 |
ThatFairGuy:thank God oyinlola built uniosun before leaving office in 2010, if not the clueless ex Governor Aregbese won't have build it. that was how the clueless looter, liar and propagandist Aregbese was saying that he will built M.K.O airport, not knowing that he award billions of naira on fencing. up till today, nothing of such are in the acres of land. Aregbese destroyed Osun state before leaving. 10 Likes |
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by Johnnyessence(m): 11:57am On Aug 11, 2020 |
Sammy07:he's never the best Governor ever produced. you can say that he's the best Governor in looting the treasury, propaganda and lieing. he's ole jati jati. 11 Likes |
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by ThatFairGuy: 11:57am On Aug 11, 2020 |
Igbochief001:Kriss216. Hope you still remember that the poverty index in all States of your region, is higher than that of Osun. The best of your States in this Respect is 3times WORSE than Osun. The fact is there. 1 Like |
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by Kriss216: 12:00pm On Aug 11, 2020 |
ThatFairGuy: Joke of the year! Have you ever thought of choosing comedy as a profession? 12 Likes |
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by Johnnyessence(m): 12:00pm On Aug 11, 2020 |
ThatFairGuy:radarada as if the workers and the pensioners living in penury didn't protest about their unpaid salaries and pensions from the clueless government niii. besides where is the M.K.O airport the clueless ex Governor Aregbese promised to build why in office? he's only best in looting the treasury, lies and propaganda 6 Likes |
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by Sammy07: 12:01pm On Aug 11, 2020 |
Johnnyessence: That your O'at least he created employments. Build roads, I'm not even from Osun, whenever I pass Osun, I just wish I am residing there. Oyes Oreap Omeal Oambulance Oclean Ofest Oquip Otours Irigbo health centre Free train from Lagos Good electricity Modern roads. Guy I know how Osun is in 2008, yes heake the state go into debt. But he modernized Osun 3 Likes |
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by ThatFairGuy: 12:01pm On Aug 11, 2020 |
Johnnyessence:I won't engage you again. You know nothing about Osun governance. T'OMOLUABI E SE. Osun ti ndara! |
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