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Post by Honorebu on Mar 18, 2016 15:26:13 GMT
February 2016 - FAAC ALLOCATION Abia - N2.27bn Adamawa - N2.23bn Akwa Ibom - N8.55bn Anambra - N2.51bn Bauchi - N2.55bn Bayelsa - N2.98bn Benue - N2.10bn Borno - N2.87bn Cross River - N1.06bn Delta - N6.06bn Ebonyi - N2.16bn Edo - N2.09bn Ekiti - N1.37bn
Enugu - N2.37bn Gombe - N1.59bn Imo - N2.29bn Jigawa - NN2.77bn Kaduna - N2.85bn Kano - N3.86bn Katsina - N2.99bn Kebbi - N2.45bn Kogi - N2.50bn Kwara - N1.81bn Lagos - N6.61bn
Nassarawa - N2.16bn Niger - N2.34bn Ogun - N1.18bn
Ondo - N2.34bn
Osun - N6m
Oyo - N2.56bn
Plateau - N1.53bn Rivers - N6.42bn Sokoto - N2.67bn Taraba - N2.1bn Yobe - N2.36bn Zamfara - N1.62bn
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Post by Honorebu on Mar 18, 2016 15:28:57 GMT
sesinu , Short_Biscuit , Her Highness , olukumi , honeychild , Omoluabi , omohayek , osoronga , Iya Niyen! , oduabachanal , ajanaku , Omo Oba of the Source , Belmot , dansoye1 , AgbongboAkala Merchantt , Ogbeni Ogunnaike colonial pikin
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Post by Honorebu on Mar 18, 2016 15:30:27 GMT
I think its time for Aregbe to resign.
I don tire to dey form defender abeg
PDP might just snatch Osun state in the next election.That's the weakest link in the South-west
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Post by Her Highness on Mar 18, 2016 15:50:39 GMT
I think its time for Aregbe to resign. I don tire to dey form defender abeg PDP might just snatch Osun state in the next election.That's the weakest link in the South-west I'm not in the economics field, could you please explain WHY it's that low? The guys goatie don tire me
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Post by Honorebu on Mar 18, 2016 16:37:01 GMT
I think its time for Aregbe to resign. I don tire to dey form defender abeg PDP might just snatch Osun state in the next election.That's the weakest link in the South-west I'm not in the economics field, could you please explain WHY it's that low? The guys goatie don tire me They deducted the debts the state is owing the FG and this is what you have left The total allocation was 2.422bn The deductions( debts, ISPOs and others) was 2.416bn What you have left is 6.23 million
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Post by Her Highness on Mar 18, 2016 16:40:33 GMT
I'm not in the economics field, could you please explain WHY it's that low? The guys goatie don tire me They deducted the debts the state is owing the FG and this is what you have left The total allocation was 2.422bn The deductions( debts, ISPOs and others) was 2.416bn What you have left is 6.23 million This is not for the whole year, I hope. Well it's better that way.....better to get debt out of the way. Osun wants to hail him ba? Let them continue to hail him.
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Post by Honorebu on Mar 18, 2016 16:45:25 GMT
They deducted the debts the state is owing the FG and this is what you have left The total allocation was 2.422bn The deductions( debts, ISPOs and others) was 2.416bn What you have left is 6.23 million This is not for the whole year, I hope. Well it's better that way.....better to get debt out of the way. Osun wants to hail him ba? Let them continue to hail him. For february Hopefully things will get better by march If at all there aren't any more debts remaining
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Post by Her Highness on Mar 18, 2016 16:49:33 GMT
This is not for the whole year, I hope. Well it's better that way.....better to get debt out of the way. Osun wants to hail him ba? Let them continue to hail him. For february Hopefully things will get better by march If at all there aren't any more debts remainingIyen ko wa possible.
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Post by colonial pikin on Mar 18, 2016 17:05:10 GMT
Honorebu thanks for explaining Osun low allocation.The thing is with only about 6m...won't he acquire further debts to run the state?...also why is Osun deduction so high nah when it is not the only state with debts.Do you know the state entire debts?Aregbe must make jail.
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Post by olukumi on Mar 18, 2016 17:07:06 GMT
See my state o! Lolz.
They've garnished our income to service debt. What do we have to show for all those state school projects except for poor academic performance and unruly students?
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Post by Honorebu on Mar 18, 2016 17:15:32 GMT
Honorebu thanks for explaining Osun low allocation.The thing is with only about 6m...won't he acquire further debts to run the state?...also why is Osun deduction so high nah when it is not the only state with debts. That's the problem here and Osun can't generate enough IGR to feed itself I guess its because the state was the one that got the most bailout funds
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Post by omohayek on Mar 18, 2016 17:23:15 GMT
That's the problem here and Osun can't generate enough IGR to feed itself I guess its because the state was the one that got the most bailout funds It's time for Aregbesola to bite the bullet and do what he should have done a long time ago: massively downsize the state's workforce, shut down all high-risk projects (e.g. his beloved airport), and sell off as many state-operated assets as possible. It's either that or the state will be forced into bankruptcy, at which point all control over what happens next will probably go to the FG. I think all that Aregbesola has managed to achieve through his unsustainable projects is to prove that ethnic sentiments aside, Osun and Ekiti have no business being states in the first place. If every state had to finance all of its operations from internal resources, even the 12 states of the Gowon era would probably be too many.
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Post by Honorebu on Mar 18, 2016 17:40:29 GMT
That's the problem here and Osun can't generate enough IGR to feed itself I guess its because the state was the one that got the most bailout funds It's time for Aregbesola to bite the bullet and do what he should have done a long time ago: massively downsize the state's workforce, shut down all high-risk projects (e.g. his beloved airport), and sell off as many state-operated assets as possible. It's either that or the state will be forced into bankruptcy, at which point all control over what happens next will probably go to the FG. I think all that Aregbesola has managed to achieve through his unsustainable projects is to prove that ethnic sentiments aside, Osun and Ekiti have no business being states in the first place. If every state had to finance all of its operations from internal resources, even the 12 states of the Gowon era would probably be too many. I still don't know why the guy isn't doing that afterall this is his last term. I know he has done well on the issue of ghost workers but like you said, that isn't enough.Per the emboldened,Isn't the state already in bankruptcy? Ekiti is just as bad because the wage bill is higher than the allocation
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Post by Her Highness on Mar 18, 2016 17:56:26 GMT
That's the problem here and Osun can't generate enough IGR to feed itself I guess its because the state was the one that got the most bailout funds It's time for Aregbesola to bite the bullet and do what he should have done a long time ago: massively downsize the state's workforce, shut down all high-risk projects (e.g. his beloved airport), and sell off as many state-operated assets as possible. It's either that or the state will be forced into bankruptcy, at which point all control over what happens next will probably go to the FG. I think all that Aregbesola has managed to achieve through his unsustainable projects is to prove that ethnic sentiments aside, Osun and Ekiti have no business being states in the first place. If every state had to finance all of its operations from internal resources, even the 12 states of the Gowon era would probably be too many. Chaiii leave my Ekiti state alone. Haba ki la tun se fun yin?
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Post by omohayek on Mar 18, 2016 18:22:42 GMT
I still don't know why the guy isn't doing that afterall this is his last term. I know he has done well on the issue of ghost workers but like you said, that isn't enough.Per the emboldened,Isn't the state already in bankruptcy? Ekiti is just as bad because the wage bill is higher than the allocation In a way I get why he might hesitate. It must be like asking a parent to give permission to have their child's gangrenous leg amputated: you don't want to agree to have your offspring disfigured, but the refusal to do so will kill the child outright. Making the necessary decisions must be psychologically very difficult, but somebody needs to make clear to Aregbesola that if he doesn't do it, somebody else in Abuja will probably make far worse decisions on his and every other Osunite's behalf.
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