NewStats: 3,264,177 , 8,182,874 topics. Date: Tuesday, 10 June 2025 at 03:45 AM 56o21

And so?

Main while Obaseki Just Recently Collected Billions of Naira As Loan Less than 3 Months to His Exit of Off

Solsix:

You are wrong on this. Soludo is doing so much with little. You want to subject your state to unnecessary loans when you are sure how to repay. Only Lagos can do such thing because they have the capacity to pay back. How much Dave umahi borrowed in ebonyi state to deliver those world class infrastructure??

That with due respect is a reflection of low level mindset


If you build it they will come.

People are in Lagos Abuja and Ph today because all these other states do not have infrastructure. When I was young all these other towns were liveable cities and towns because they were viable , they were viable because they attracted investment they attracted investment because they had infrastructure.

Providing infrastructure to attract investment for a state like Benue or Anambra is equivalent to the boldness of a state like Lagos to build a metro train service. It’s about the boldness or lack thereof of your leaders. Lagos could easily have said they don’t have the money for trains after all they borrowed and it didn’t happen overnight. Finding N10m for a man with N1m is the same as finding N1B for a man with N100m.

Your are limited by your mind and your boldness.


There are millions ready to quit Lagos and investors ready to relocate their factories to a state bold enough to provide the infrastructure for a more peaceful existence with basic infrastructure…. Good roads, good schools, electricity. It is not rocket science but we elect too many small time leaders without the capacity to engineer or conceive what is required.

any state outside outside the usual suspects talking about not borrowing and living within its IGR is not seeing development anytime soon.

As for Dave Umahi, I am not familiar with Ebonyi except for that eyesore of an airport. I am
Not saying all borrowing is good but not borrowing and “living with your means” and borrowing to steal or useless projects end up with the same result…..lack of development. I am not advocating either.

You must first have the right sort of visionary leadership with the capacity to formulate a sustainable development plan. That sustainable development plan can and will only be financed via carefully targeted debt. Anyone talking about I am not borrowing or borrowing for white elephant projects is clearly not a visionary leader and development is not coming to that state anytime soon.

With due respect very few states have the IGR or the capacity to raise the IGR to turn their states around. Most of the increased IGR many are publishing are simply paper increases due to devaluation of the Naira and in real the purchase value of their IGR is actually less that it was when Naira was 600 to dollar. It is the investment in infrastructure (not ego projects like funny airports and flyovers). That will attract the investments and higher value residents that will raise the IGR.

You no dey borrow but you too is spending the monies Tinubu and Buhari borrowed, nobody is clean among you people who leads Nigeria useless set of people

Fineman2:
Governor Alia is doing his best, but he should do more in the area of security


Watching this interview makes me realize that he's truly an educated man

educated man with sectional mindset

Thank you very much Reverend Father,I am a direct beneficiary to your good work in Benue.May God continue to give you the wisdom and strength to continue doing it.

Meaning he will collect eventually

casualobserver:
Again I repeat what I said in the Soludo thread, when your governor says he hasn’t taken loans just understand development is not coming your way anytime soon. Debt is not the problem, it is looting and what the debt is used for that has been our problem. We cannot develop without debt because we can’t raise IGR without infrastucture. No governor is going to attract the investors that will employ the higher income earners that generate higher IGR to states without infrastructure.

Listen to him, he is building the infrastructural foundations with the available resources to get the trust of the masses before obtaining a loan. The people must trust his capacity to deliver with the loans he may collect in future

gbaskiboy:
Same thing Governor Soludo of Anambra state said. Government borrowing money without using it to achieve tangible thing is a waste.

Honestly speaking am damn broke! Can anyone assist me with urgent 2k
2002654654, Kuda.

You live in the U.S and u are begging for 2k?

Boulex:


You live in the U.S and u are begging for 2k?

lolz, does my location show U.S.? Am in Lagos, Ojodu Berger to be precise.

gbaskiboy:
lolz, does my location show U.S.? Am in Lagos, Ojodu Berger to be precise.

Oga check ur profile

Amucha:



Listen to him, he is building the infrastructural foundations with the available resources to get the trust of the masses before obtaining a loan. The people must trust his capacity to deliver with the loans he may collect in future

I have no problem with that if that is his plan to build trust first. All I have said is that real development will not come without debt. The infrastucture required to attract the businesses and the high value taxpayers to a state outside of the usual suspects of Lagos, Abuja and Rivers can only be financed with debt. Even Lagos Abuja and Rivers need debt to develop.

A state with farmers and poor people and poor infrastructure can never raise enough IGR for true development. You need to attract middle/ higher income residents to truly increase IGR and they will only come if the companies that employ them come, those companies will only relocate if the infrastructure exists.

useless governor, but his people are being killed like ants

Boulex:


Oga check ur profile

Honestly speaking I didn't know the location was USA.

I have changed it to Nigeria

casualobserver:


That with due respect is a reflection of low level mindset


If you build it they will come.

People are in Lagos Abuja and Ph today because all these other states do not have infrastructure. When I was young all these other towns were liveable cities and towns because they were viable , they were viable because they attracted investment they attracted investment because they had infrastructure.

Providing infrastructure to attract investment for a state like Benue or Anambra is equivalent to the boldness of a state like Lagos to build a metro train service. It’s about the boldness or lack thereof of your leaders. Lagos could easily have said they don’t have the money for trains after all they borrowed and it didn’t happen overnight. Finding N10m for a man with N1m is the same as finding N1B for a man with N100m.

Your are limited by your mind and your boldness.


There are millions ready to quit Lagos and investors ready to relocate their factories to a state bold enough to provide the infrastructure for a more peaceful existence with basic infrastructure…. Good roads, good schools, electricity. It is not rocket science but we elect too many small time leaders without the capacity to engineer or conceive what is required.

any state outside outside the usual suspects talking about not borrowing and living within its IGR is not seeing development anytime soon.

As for Dave Umahi, I am not familiar with Ebonyi except for that eyesore of an airport. I am
Not saying all borrowing is good but not borrowing and “living with your means” and borrowing to steal or useless projects end up with the same result…..lack of development. I am not advocating either.

You must first have the right sort of visionary leadership with the capacity to formulate a sustainable development plan. That sustainable development plan can and will only be financed via carefully targeted debt. Anyone talking about I am not borrowing or borrowing for white elephant projects is clearly not a visionary leader and development is not coming to that state anytime soon.

With due respect very few states have the IGR or the capacity to raise the IGR to turn their states around. Most of the increased IGR many are publishing are simply paper increases due to devaluation of the Naira and in real the purchase value of their IGR is actually less that it was when Naira was 600 to dollar. It is the investment in infrastructure (not ego projects like funny airports and flyovers). That will attract the investments and higher value residents that will raise the IGR.

Nigeria have been borrowing and increasing our tax, how far??

Omo..
He sounds like a nice guy tho

Solsix:

Nigeria have been borrowing and increasing our tax, how far??

do you guys actually read? let me break it down since many of you seem to have problems understanding.

No borrowing = no development
borrowing to loot or useless projects = bad
borrowing to provide lasting infrastructure that will attract quality investors and residents and increase IGR = Good

Kainji dam was built in 1964 at a cost of $209m. the money was borrowed and has long been paid for it has been providing clean fuel free electricity for 60 years. to build that today will cost at least $2b. if we said we didnt have money then there would be no Kainji dam today and the miltiplier effect it has had on the economy of the country and the host community and state.

Akosombo dam was built around the same time, it cost $150m at the time. Ghanians criticised Nkrumah for collecting the loan to build the dam. When it was completed it provided 70% of Ghanas electricity, today that dam provides 20% of Ghana's electricity. The loan has long been paid off it does not utilise any gas or coal it is free (at least cheap) clean electricity. That is what good debt does, that is what having vision does.

Poverty of thought is our problem in Nigeria, it is abundant amongst the masses so it is no surprise that it afflicts our leaders too afterall it is from the people that leaders emerge.

if Nigerians are waiting for their toro kobo IGR to develop, they will die waiting.

the IGR for Anambra and Benue in 2023 was N33B and 19B respectively. that is $20m and $12m respectively. I hope you know you cannot build a quality 100Km road with $20m? You can build "roads" but they will soon wash away and you are back to square 1 which is what we have been doing...relying on IGr and building the type of infrastructure that our IGR can permit except they are poor quality and dont last so we are forever developing. as you are commissioning one, the one you commissioned a few years ago is spoiling.

Be saying nonsense when they keep killing your people

Take loan na

But hundreds continue to be killed by Fulani marauders

Funny man
Mumu fada

Rubbish