Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,182,776 members, 7,918,440 topics. Date: Monday, 12 August 2024 at 10:19 AM

Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) - Politics (5) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) (3481 Views)

Servicing Debt With 90% Revenue Path To Destruction — Tinubu / Tinubu: I Won’t Sustain Failed Theory Of Servicing Debt With Scarce Revenue / Insolvency, Spends 91% Of FAAC Servicing Debt In Q1 (2) (3) (4)

(1) (2) (3) (4) (5) (6) (Reply) (Go Down)

Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by trilacos: 4:02pm On Aug 11, 2020
Obalatule:
Facts of what exactly?.....only a very dull person will believe paper stats in Nigeria over what is obtainable on ground, Go osogbo and spend one week then come back and tell us if you still think it's a thriving economy.....Don't qoute me again or we are going to the gutter to play
typical of nyamiri Igbo,always going to the gutter to play,little wonder there road is known as 'poto poto' road.
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by Obalatule: 4:05pm On Aug 11, 2020
trilacos:
typical of nyamiri Igbo,always going to the gutter to play,little wonder there road is known as 'poto poto' road.
Little wonder your brain is filled with poto poto, Ewedu Dunce!!

1 Like

Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by NGpatriot: 4:06pm On Aug 11, 2020
trilacos:
most of the people saying nonsense dont live in osun,they dont know how osun is before and how it is now.


We know them, they are all from kerosene and wheelbarrow ipob villages..
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by trilacos: 4:15pm On Aug 11, 2020
Obalatule:
Little wonder your brain is filled with poto poto, Ewedu Dunce!!
cry cry baby,cry me a river!! If your governors brain are filled with that,you wont be underdeveloped.sorry bro,we don't like playing with poto poto.go and play with your potopoto,please be careful of the python.
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by Yorubasarecurse: 4:20pm On Aug 11, 2020
[s]
NGpatriot:



Who can not pay workers? You must be talking about your ipob village. Clear road abeg.

Face your poor and wretched ipob village .
[/s]
Shifting goal post as usual. Your osun is as poor as a church rat, heavily indebted and might be auctioned on Ebay or Jumia.
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by Obalatule: 4:25pm On Aug 11, 2020
trilacos:
cry cry baby,cry me a river!! If your governors brain are filled with that,you wont be underdeveloped.sorry bro,we don't like playing with poto poto.go and play with your potopoto,please be careful of the python.
Wretched mgbati scratch face rat, have you willed your hydraulic green poison today?

Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by trilacos: 4:37pm On Aug 11, 2020
Obalatule:
Wretched mgbati scratch face rat, have you willed your hydraulic green poison today?
be careful of the phython,i dont want you dancing.have you drink the gutter water today?
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by NGpatriot: 4:44pm On Aug 11, 2020
[s]
Yorubasarecurse:

Shifting goal post as usual. Your osun is as poor as a church rat, heavily indebted and might be auctioned on Ebay or Jumia.
[/s]



Ignorant ipob, you can not fool me with all your ignorant debt rubbish because I know all about debt.

Osun state is doing better than all your poor and wretched ipob states combined


1. 3rd lowest poverty index

2. Lowest unemployment rate in Nigeria

3. Lowest misery index rate in Nigeria

4. The most peaceful state in Nigeria

5. 2nd wealthiest state in Nigeria

6. 132% IGR increase



Osun is above all your poor and wretched Igbos state where the best infrastructure is a sand sand bricklayer patch patch bridge.


Abeg stick to your village kerosene and wheelbarrow level.


grin grin

Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by Yorubasarecurse: 4:50pm On Aug 11, 2020
[s]
NGpatriot:




Ignorant ipob, you can not fool me with all your ignorant debt rubbish because I know all about debt.

Osun state is doing better than all your poor and wretched ipob states combined


1. 3rd lowest poverty index

2. Lowest unemployment rate in Nigeria

3. Lowest misery index rate in Nigeria

4. The most peaceful state in Nigeria

5. 2nd wealthiest state in Nigeria

6. 132% IGR increase



Osun is above all your poor and wretched Igbos state where the best infrastructure is a sand sand bricklayer patch patch bridge.


Abeg stick to your village kerosene and wheelbarrow level.


grin grin




[/s]
Aregbe's bitch stop mentioning IGR in that your false narratives. The last i checked osun has the second lowest Igr in the country after katsina state. Osun is the 4th most indebted state in Nigeria. Osun is among the least in Waec performance. The poverty rate in osun is a source of worry forget the Nbs fake data. And most importantly osun is among the top 3 skull mining states in Nigeria.

1 Like

Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by NGpatriot: 4:51pm On Aug 11, 2020
[s]
Yorubasarecurse:

Aregbe's bitch stop mentioning IGR in that your false narratives. The last i checked osun has the second lowest Igr in the country after katsina state. Osun is the 4th most indebted state in Nigeria. Osun is among the least in Waec performance. The poverty rate in osun is a source of worry forget the Nbs fake data. And most importantly osun is among the top 3 skull mining states in Nigeria.
[/s]






1. 3rd lowest poverty index

2. Lowest unemployment rate in Nigeria

3. Lowest misery index rate in Nigeria

4. The most peaceful state in Nigeria

5. 2nd wealthiest state in Nigeria

6. 132% IGR increase



Osun is above all your poor and wretched Igbos state where the best infrastructure is a sand sand bricklayer patch patch bridge.


Abeg stick to your village kerosene and wheelbarrow level.................................





grin grin grin
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by NGpatriot: 4:53pm On Aug 11, 2020
Can you ipob villagers show us 1 single rate or index that favor any of your poor and wretched kerosene and wheelbarrow ipob villages? Just 1.



grin grin grin
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by NGpatriot: 4:54pm On Aug 11, 2020
This is all you get in exchange for your allocations and taxes...


1 gallon kerosene.


grin grin

Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by Yorubasarecurse: 4:57pm On Aug 11, 2020
[s]
NGpatriot:







1. 3rd lowest poverty index

2. Lowest unemployment rate in Nigeria

3. Lowest misery index rate in Nigeria

4. The most peaceful state in Nigeria

5. 2nd wealthiest state in Nigeria

6. 132% IGR increase[/b]


Osun is above all your poor and wretched Igbos state where the best infrastructure is a sand sand bricklayer patch patch bridge.


Abeg stick to your village kerosene and wheelbarrow level.................................





grin grin grin
[/s]
Repeating the same fallacies over again doesn't change the fact that Osun is a poverty stinking indebted state whose stock in trade is Skull mining.
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by NGpatriot: 5:02pm On Aug 11, 2020
[s]
Yorubasarecurse:

Repeating the same fallacies over again doesn't change the fact that Osun is a poverty stinking indebted state whose stock in trade is Skull mining.
[/s]




Facts don't lie, Osun state has the 3rd lowest poverty rate in the whole of Nigeria, better than all your ipob states combined.

You can shout your ignorant and unintelligent ipob rubbish till eternity, but Osun state is still above all your ipob villages per all indexes and rates.

See your miserable poor and wretched ipob life..


grin grin grin

Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by ThatFairGuy: 5:25pm On Aug 11, 2020
Amotolongbo:
lol

See this kiddo

Aregbesola didn’t collect security vote?
Oh, I see where your ignorance lies.
Security vote is given to all state by the federal government apart from the allocation.
HE ASKED FIN. COM TO BE ADDING IT TO FUNDS USE IN PAYING WORKERS' SALARY. That's what I meant
So Aregbesola told you Opon imo cost less than 3billion Naira or Kabiru his son who got the contract and procured it?
Opon imo cost more than 8billion naira.
Aregbesola also promised that 100,000 would later be produced in the state.
I expected you to have snapped and posted the Opon imo to back up your stand. Not that shit you lifted and pasted here.

Here in Ife Central, Ile-Ife (the second largest lg of electoral power), only 3 schools were given and were SS3 students. Since 2015/16 none have been heard of the tablet. Ask any secondary school student in Osun the last time he ever set his eyes on the tablet, it was 2016. I stand being corrected, not with any paid post on newspaper.

Talking about what Aregbesola said with his mouth, who doesn’t know Aregbesola to be a renowned and pathetic liar. Was he not the same person who claimed that he hadn’t sold Fakunle Comprehensive High School in Osogbo to the retailing shop, shoprite?

You are too ignorant to engage me. Look for your level
To you now I'm a kid? Funny enough, you can't see me in person and call me by name. Aren't you the one on your dp.

Besides, if we don't believe what is on newspaper and what he says again, is it your own cooked up stories we'll believe? What a reasoning!

A Government can't be transparent enough more than ALLOWING WORKERS' LEADER AND EXECUTIVES TO BE A COMMITTEE THAT SHARES OSUN MONTHLY ALLOCATIONS FROM FEC.
NO GOVERNMENT DOES THAT IN NIGERIA ASIDE AREGBESOLA.

So choke with your propaganda once again
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by Amotolongbo(f): 5:44pm On Aug 11, 2020
ThatFairGuy:

To you now I'm a kid? Funny enough, you can't see me in person and call me by name. Aren't you the one on your dp.

Besides, if we don't believe what is on newspaper and what he says again, is it your own cooked up stories we'll believe? What a reasoning!

A Government can't be transparent enough more than [s]ALLOWING WORKERS' LEADER AND EXECUTIVES TO BE A COMMITTEE THAT SHARES OSUN MONTHLY ALLOCATIONS FROM FEC.
NO GOVERNMENT DOES THAT IN NIGERIA ASIDE AREGBESOLA.[/s]

So choke with your propaganda once again
see this kiddo.
I don’t need seeing you to know what you weigh and your age. It is so obvious from your posts and response to issues.

Are those the questions I asked you?
Are those what you are meant to answer to the earlier questions?
How is Opon Imo and What is the situation of things with it?
How is the airport and what is the state?
These are projects that have consumed our billions

I understand that the shady deals in road constructions and structural buildings can be covered up

Only fools can fall for the propaganda set by Aregbesola, not sane human.
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by joyandfaith: 5:48pm On Aug 11, 2020
Sammy07:


But none of the previous Osun governors can match Aregbesola achievements in Osun state.

which achievements? beautification projects?
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by joyandfaith: 5:54pm On Aug 11, 2020
Sammy07:


Oga, Aregbesola might left debt.

But he's the best governor Osun has produced.

Employment, Roads, school. Good light.

So what are you saying?

which employment? oyes? which roads? is it that gbongan road? which school? is it demolished fakunle? which light ? street light?
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by NGpatriot: 6:19pm On Aug 11, 2020
joyandfaith:


which employment? oyes? which roads? is it that gbongan road? which school? is it demolished fakunle? which light ? street light?




Osun now has lowest unemployment rate in Nigeria

by Razak Ayinla On May 8, 2019

Osun State is now the state with the lowest unemployment rate in Nigeria. Recent figures released by the National Bureau of Statistics (NBS) show that the state leads with the unemployment rate of 10.1 percent followed by Oyo with 10.3 percent.

The figures show that Nigeria’s South Western region has the lowest unemployment rate regionally with 14 percent, while the South South has the highest in 32 percent

https://businessday.ng/uncategorized/article/osun-now-has-lowest-unemployment-rate-in-nigeria/#:~:text=Osun%20State%20is%20now%20the,by%20Oyo%20with%2010.3%20percent.



Which employment?

Osun state has the lowest employment rate in the whole of Nigeria

Aregbesola built more, better and world class schools than any other state in the history of Nigeria

Fakunle was demolished and replaced with a better school with better facilities.



This is the problem with you Igbos, you sit in your village and post ignorant rubbish all day.
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by NGpatriot: 6:20pm On Aug 11, 2020
joyandfaith:


which achievements? beautification projects?


I have time to show you his achievements and compare with any governor of your choice in Nigeria.

Are you ready?
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by ThatFairGuy: 6:20pm On Aug 11, 2020
joyandfaith:


which employment? oyes? which roads? is it that gbongan road? which school? is it demolished fakunle? which light ? street light?
What won't we see.
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by joyandfaith: 6:27pm On Aug 11, 2020
NGpatriot:







Which employment?

Osun state has the lowest employment rate in the whole of Nigeria

Aregbesola built more, better and world class schools than any other state in the history of Nigeria

Fakunle was demolished and replaced with a better school with better facilities.



This is the problem with you Igbos, you sit in your village and post ignorant rubbish all day.


in your imagination, anybody that does not share your view is ipob? ok
let me leave argument for politicians. well, any debt that is not correlated with development on ground is disaster.
well, what is latest on LAUTECH joint ownership?
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by NGpatriot: 6:30pm On Aug 11, 2020
joyandfaith:


in your imagination, anybody that does not share your view is ipob? ok
let me leave argument for politicians. well, any debt that is not correlated with development on ground is disaster.
well, what is latest on LAUTECH joint ownership?



You said what employment and I showed you facts that Osun state has the lowest employment rate in Nigeria.

This is the thing with you Igbos, you spew ignorance and when educated with facts, you start talking rubbish.
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by NGpatriot: 6:31pm On Aug 11, 2020
ThatFairGuy:

What won't we see.



All we see is their ignorance..

1 Like 1 Share

Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by joyandfaith: 6:34pm On Aug 11, 2020
NGpatriot:




You said what employment and I showed you facts that Osun state has the lowest employment rate in Nigeria.

This is the thing with you Igbos, you spew ignorance and when educated with facts, you start talking rubbish.



I do not argue with foolish zombie

what is latest about LAUTECH joint ownership?

1 Like

Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by oyatz(m): 6:38pm On Aug 11, 2020
I used to be a supporter/fan of Aregbesola in his first term.

However, to say the naked truth, he mismanaged the economy of Osun State and plunged the State into debts.



ThatFairGuy:

When did he started the complain please? Was it not in 2015 when Nigeria economy has already been affected?
Governor that pays workers salary before month end, He gives workers 13 month salary, Initiated different programs to better the lifes of citizens.
With all Aregbesola did in Osun, he doesn't deserves all these criticism if one is not ignorant of happenings there.
He deserves our collective commendations.
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by NGpatriot: 6:41pm On Aug 11, 2020
[s]
joyandfaith:


I do not argue with foolish zombie

what is latest about LAUTECH joint ownership?
[/s]


Look at this ignorant and unintelligent ipob village ZOMBIE.

What's my business with your LAUTECH rubbish and issues between 2 states? Go and ask them, my issue with you is your silly ignorance about employment in employment in Osun state which is the lowest in the whole of Nigeria.

Thank me for educating you and in fact, shouldn't you be asking why your village governors only commission borehole, wheelbarrow and kerosene.?

1 Like 1 Share

Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by ThatFairGuy: 6:45pm On Aug 11, 2020
oyatz:
I used to be a supporter/fan of Aregbesola in his first term.

However, to say the naked truth, he mismanaged the economy of Osun State and plunged the State into debts.



How could someone manage the economy well in first tenure and mismanaged it in second tenure.
Nigeria economy contributed heavenly to Osun Crisis. The project he started when. everything was rosy had to still continue when we're I'm crisis. THAT'S WHAT JUST HAPPENED LOGICALLY.
SOME ARE SAYING HE LOOTED, someone that used his official car throughout his tenure(we all know the white car since 2007 when he came to campaign), his commissioners didn't get full pay, no official car for them and sort, BROS HE DIDN'T MISMANAGED OSUN ECONOMY. HE WAS JUST UNFORTUNATE WITH SITUATION NIGERIA FOUND HERSELF THEN
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by ThatFairGuy: 6:48pm On Aug 11, 2020
joyandfaith:


I do not argue with foolish zombie

what is latest about LAUTECH joint ownership?
Every dicks and harries will just be putting mouth I. Osun matter. Oga o, ere ba edun nile o di obo. Ebi yin ko
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by NGpatriot: 6:53pm On Aug 11, 2020
oyatz:
I used to be a supporter/fan of Aregbesola in his first term.

However, to say the naked truth, he mismanaged the economy of Osun State and plunged the State into debts.



1. 3rd lowest poverty index

2. Lowest unemployment rate in Nigeria

3. Lowest misery index rate in Nigeria

4. The most peaceful state in Nigeria

5. 2nd wealthiest state in Nigeria

6. 132% IGR increase[/b]

Debt is a perfect tool for development, eradication of poverty, create jobs and expand the tax base and Osun state achieved everything they set out to do with their debt, we can see with facts and figures.

Osun sate is leading the rest of Nigeria per every matrix, index and rates across the board.


When your debt is generating 132% IGR increase, it means your debt is good debt, it means it's paying off, it means you are eradicating your debt.


There are many states in Nigeria with 2 times amount the debt of Osun state with nothing to show and even horrible states.

Akwa Ibom is the richest state in Nigeria, but they have the highest unemployment and misery index rate and 3 times the poverty rate in Nigeria.
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by Ruggedniggaone: 6:55pm On Aug 11, 2020
ThatFairGuy:

Sammy07, Ask him where the said road's oyinlola built were Today? If there's any, would Aregbesola concentrate on road projects? Aside major roads, he constructed 10km of roads in all 31local Government in Osun (township roads).

You know why these people are always against him, Oyinlola was a prodigal spender without any achievements in barely 8yrs in office. He's found in Ada micon golf Every Friday for party.
Aregbesola managed Osun economy and cut all excess IN EVERY GOVERNMENT PARASTATALS. There was drastic reduction in Corruption. This was what pained majority of them.
Their slogan was "Ijoba tiko danu toun da titi".
lol are from osun? were you in osun during oyinlola tenure? stop embarrassing yourself over what you knw nothing about.
Re: Osun State Flirts With Insolvency, Spends 91% Of FAAC Servicing Debt In Q1(pics) by oyatz(m): 7:02pm On Aug 11, 2020
Aregbesola mismanaged the economy of Osun State by borrowing
large sums of money for his signature projects without any money yielding projects to guarantee repayments of the loans.

He estimated the money needed for these projects ,got the money but the projects were never completed;

1) MKO Abiola Int'l Airport (only fence was constructed and hunters can even kill a Tiger in the bush that has now covered the 'airport')

2) Aiyegbaju Int'l Market

3) Dagbolu Food stuff Market

4) Completion of the ring road (Ona baba Ona)

5) Gbogan-Ode-Omu- Akoda dual carriage way

6) Oshogbo-Ikirun-Kwara boundary Express way.











ThatFairGuy:

How could someone manage the economy well in first tenure and mismanaged it in second tenure.
Nigeria economy contributed heavenly to Osun Crisis. The project he started when. everything was rosy had to still continue when we're I'm crisis. THAT'S WHAT JUST HAPPENED LOGICALLY.
SOME ARE SAYING HE LOOTED, someone that used his official car throughout his tenure(we all know the white car since 2007 when he came to campaign), his commissioners didn't get full pay, no official car for them and sort, BROS HE DIDN'T MISMANAGED OSUN ECONOMY. HE WAS JUST UNFORTUNATE WITH SITUATION NIGERIA FOUND HERSELF THEN

(1) (2) (3) (4) (5) (6) (Reply)

Igbo Handed Over Nigeria To The Fulani Not The British -video / Nigeria Is Already Divided. See Proofs / Look At The Trouser You Are Wearing - Reno Omokri Blasts Buhari Over His Trouser

(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. 79
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.