2019 Annual States Viability Index ASVI: FCT, 36 States Generate N1.3tr IGR Against N4.4trn from Federation Account Allocation

… Lagos Generates More IGR than 20 States Combined
…. RICH/Economic Viable States: Lagos, Ogun, Rivers, Kwara, Kaduna, Enugu States
… INSOLVENT/Poor IGR States: Katsina, Kebbi, Borno, Bayelsa, Taraba States

The Economic Confidential has released the Annual States Viability Index ( ASVI) which shows that seven (7) States are insolvent as their Internally Generated Revenues (IGR) in 2019 were far below 10% of their receipts from the Federation Account Allocations (FAA) in the same year.

SETTING THE RECORD STRAIGHT BY CAPTAIN IDAHOSA WELLS OKUNBO (CAPT. HOSA)

There have been reports of an ugly and unfortunate booing incident that took place outside the palace of our revered Royal Father, the Oba of Benin, Ewuare II, on Saturday, July 25, 2020, during the visit of members of the National Campaign Council of the Peoples Democratic Party (PDP).
The PDP entourage, including the Edo State Governor and governorship candidate of the PDP in Edo State, Godwin Obaseki, were reportedly booed while going in and out of the palace by a motley crowd of mostly young boys, according to media reports.

Nigeria records 438 new COVID-19 cases Saturday

Nigeria Centre for Disease Control (NCDC) has announced 438 new COVID-19 cases in the country as total infections from the virus rise to 39,977.

The NCDC made this known on its official twitter handle on Saturday.

It stated that regrettably 11 deaths were recorded in the country.

Sanwo-Olu inspects work on Third Mainland Bridge, calls for patience

Lagos State Governor, Mr Babajide Sanwo-Olu, has appealed to motorists plying the Third Mainland Bridge to be patient as the bridge closes partially for repairs.

Sanwo-Olu made the appeal on Saturday while on an inspection of the bridge and alternative routes rehabilitated by the state government.

Captain Hosa's Generosity Is Incomprehensible! Moses Siloko Siasia

 

Captain Idahosa Okunbo's benevolence transcends his achievements in business. As a well-known and celebrated philanthropist in Sub-Sahara Africa, he has contributed immensely towards the development of education and scholarship, the promotion of entrepreneurship and youth development, as well as poverty reduction programmes.

Reps to sue Akpabio for alleged perjury

The Speaker of the House of Representatives, Rep. Femi Gbajabimila has directed the Clerk of the House to engage the services of a legal counsel to file a suit of perjury against the Minister of Niger Delta Affairs, Sen. Godswill Akpabio.

The speaker made the announcement at the plenary on Thursday while reacting to the failure of the minister to substantiate his claims that 60 per cent of the contracts in the Niger Delta Development Committee (NDDC) were awarded to lawmakers.

Obaseki’s Icarus Complex and His Jinxed Re-election By Ufuoma Thomas

There are eerie similarities between Governor Godwin Obaseki of Edo State and Icarus, the son of Daedalus, the famous craftsman in Greek mythology. As the story goes, Icarus and his father attempted to escape from prison using wings that the older man constructed from feathers and wax.
Icarus' father warned him about complacency and hubris and asked that he flew neither too low nor too high so that the sea's dampness would not clog his wings or the sun's heat melt them. Icarus ignored his father's instructions and flew very close to the sun, then, the wax in his wings melted and he fell into the sea. The moral of the myth is the need for personal ambitions to be guided by knowledge, balance and self-discipline.