SLIDEwaxie:
u said that sure p didn't capture up to 200k people, and I told u that the case wasn't because the govt had no money to cater for more than a million candidates, but because of corruption and the willingness to steal.

My argument thus is that paying 5k to some millions of unemployed youth is feasible but no advisable. There are many avenues to raise that cash. So, I will advise he pay thru skill acquisition programmes.

If $2 is saved from each barrell produced, there will be abundance to cater for many woes.

Ipledge:
Am fine dear,just back from church

barcanista:
1. Buhari/APC To Pay 25m Unemployed N5000 Per Month
Cost Implication:
The implication here is that the sum of N125billion (ie 25million * N5000) will be spent to service this policy every month, and an estimated N1.5 trillion (ie N125bn * 12 months) will be spent on this policy alone every year.

2. Buhari/APC To Provide Daily Meal for Primary School pupils.
First, the FG has no business with the running of Primary schools. This is the responsibility of States and Local Government. However, Buhari's administration pledged to provide at least one meal per day for Primary school Children, we shall hold him accountable.
Cost Implication:
Osun State reportedly spent N3.2billion in 2014 for the feeding of 300,000 primary 1 to 4 pupils in the state. The Osun state program exclude pupils in Primary 5 and 6. If we are to break it per pupil, we will have N10,667 per pupil(ie 3.2b/300k). Considering that over 35million children are estimated to be enrolled in Primary school across the country, at least the sum of THREE HUNDRED AND SEVENTY THREEE BILLION (N373b) is estimated to be spent on the program annually(ie 35m * 10,667).

Gross Annual Estimated Cost For Both Programs
N1.5trn + N373b = N1.873trn

That means Buhari is to increase our Recurrent Expenditure by N1.83trn.

How Feasible Are These Programs?
Let us take a look at the key component of the 2015 Budget(as adjusted by the Senate).
Total Budget Stand at N4.3trn.
Recurrent Expenditure: N2.58 trillion
Capital Expenditure: N700 billion

From where will Buhari See N1.8trn To Service His Social Programs?
- Remove Subsidy? If he's thinking of scrapping fuel subsidy, the adjusted allocation for petrol subsidy in 2015 budget is N100billion. The adjusted allocation for SURE-P is N21b, while the subsidy for kerosene for 2015 was adjusted to N45.5b. This gives a total of N166.5b.
Even if he should scrap SURE-P and remove the petrol and kerosene subsidy, he still won't be able to get 1% of the N1.8trn.

- Spend All Capital Expenditure + Subsidy? Even if Buhari is to spend all our N700b Capital Expenditure on his Social program in addition to the N166.5billion subsidy funds, it still won't be enough as it will fall short of One Trillion Naira.
N700b + N166.5b= N866 billion

- Money Appropriated To NASS? The total budget for the National Assembly for 2015 is N115b. Even if Buhari is to spend this money + subsidy allocation + Capital Expenditure to fund his program, he won't be able to raise the required fund. As all appropriation combined stand at N981billion(ie N700b + N115b + N166b)

So How Does Buhari intend to raise N1.873trillion to fulfil this social welfare pledge? Does this mean the administration has failed even before starting? Dead on arrival?

SLIDEwaxie:
bros, I knw. I was trying ti tell the fools dt even if they decided to pay 25million unemployed youths, the money cld be raised

dearpreye:


Honey, it is well. I don't take politics beyond politics!

BecaciaBarbie:

Alright....cool!!

anonimi:


Why use the CONDITIONAL phrases 'even if' & 'could be'

You should use the CERTAIN future phrases 'when' & 'would be' except you are stylishly you and other Sai Buhari change chanters have been SCAMMED big time by Baba One Chance & the JagbaJantis crew of Thief'nuibu cabal

Shall we say to you - Better late than never

9ousky:


Barcanista... I guess U will av to go for course on How to play opposition..
To counter ur Irresponsible Points.
Read this .
The running mate to retired General
Muhammadu Buhari in the 2015 presidential
elections, Prof. Yemi Osinbajo on Thursday
explained the ‘Conditional Cash Transfer
Programme’ included in the manifesto of the
All Progressives Congress (APC).
Prof. Osinbajo speaking on Sunrise Daily said
“this programme is to lift 25 million of the
extremely poor Nigerians; Nigerians who earn
less than N200 a day to take care of
themselves and their families”.
Prof Osinbajo, who noted that “we have 119
extremely poor Nigerians”, added that the fast
way of dealing with that is the Conditional
Cash Transfer Programme.
“We will give N5, 000 to the poorest 25 million
over a phased period, if their children are
enrolled in school and participate in
immunization.
“So we are actually doing two things; we are
giving stipends to the very poorest and
ensuring that in order to earn that stipend
they certify two conditions”, he said.
He further noted that the party decided on the
25 million figure because that is what they
can deal with in the first phase, adding that
“we are looking at phasing it over a period
because it will cost about N1.35 trillion to do
so if we do all 25 million at once.
He maintained that, if elected, the programme
will be done in batches of 5 million people a
year, adding that “depending on resources we
can even do more”.
He said the N1.35 trillion they are proposing
for the Conditional Cash Transfer Programme’
is not so much compared to the AMCON
bailout of “persons who are in debt, many
businesses and businessmen and it cost N5.7
trillion to do and that is a bailout of the
relatively wealthy”.
He argued that the Conditional Cash Transfer
Programme will be an injection into the
economy by the beneficiaries, adding that it
enables “them to put some money into that
economy.
“This is the government’s way of not just
energizing the local economy but also
ensuring that people are empowered. That the
very poorest are given a real chance in life”, he
maintained.
Prof Osinbajo also spoke on how his party
intends to tackle the issues of unemployment,
security and corruption.

http://www.channelstv.com/2015/03/26/osinbajo-clears-air-on-n5000-stipend-to-25-million-poor-people/

IHEJIRIKAisBOKO:
JONATHAN WHERE IS THE IBAKA SEAPORT YOU PROMISED? THE Igbos HAVE STARTED BLAMING YORUBAS FOR YOUR OWN FAILED PROMISE.

https://www.nairaland.com/1809952/where-ibaka-deep-seaport

sarahatuba:
Its funny how y'all are already criticizing someone who is yet to be sworn in.......it is well

barcanista:
How can somebody use 2trn for election? Do you guys even know what N2trn is? As in you just sit down and believe anything. There is NO WAY N2trn will be spent on election. That amount(2trn) is more than Lagos State annual budget, it is more than what some state spend in 4 years(eg Kano State). Please, argue with sense.

Jonathan's SURE-P program does not capture up to 200,000 people in the population. So what is your argument? What is our revenue annually? Anyway, HOW will Buhari achieve it?

anonimi:


So you admit Tinubu and your prof are IMMORAL and utterly CORRUPT on this bogus pension matter alone forgetting other FRAUDULENT transactions in APC's 16 years of ruining Lagos state!

barcanista:
How can somebody use 2trn for election? Do you guys even know what N2trn is? As in you just sit down and believe anything. There is NO WAY N2trn will be spent on election. That amount(2trn) is more than Lagos State annual budget, it is more than what some state spend in 4 years(eg Kano State). Please, argue with sense.

Jonathan's SURE-P program does not capture up to 200,000 people in the population. So what is your argument? What is our revenue annually? Anyway, HOW will Buhari achieve it?

aresa:



They call them TaNoids for a reason...

aresa:


Always funny when TanOIDS and GEJ till 2019 people like you try to sound sane when in fact it's still the TaNoid in you still blabbing...


Funny 419 and deceptive jokers..

Well, I see right through what you're trying to do, that's pretty much what Josef Stalin did to the Russians of his time.

"If the opposition disarms, well and good. If it refuses to disarm, we shall disarm it ourselves."

Blackmail (emotional and direct), Oppression and Suppression, Intimidation (threats if necessary)...

Now that I've listed part of your MO, I must say that I'm disappointed if this is the best tactic you could come up with to put me down. You may now give it your best shot.

While at it, Be rest assured you will be
iGnored!

aresa:



They call them TaNoids for a reason...

Mykevp2p:

No matter how you want to criticize APC, I think it is fair if you give Buhari at least a year before you start all these analysis

egift:
The failed PDP and their supporters think they can discredict Buhari's administration before it even begin.

Buhari has 4 years ahead to prove himself. Folks who attacked Buhari and never voted for him, have no right whatsoever to judge him for thing that has never even happened.

SLIDEwaxie:
forget abt the exaggerated 2 trillion, but u knw dt the only reason the sure p didn't capture 200,000 wasn't because they didnt have the cash to pay more, but because they simply didn't want to pay more so as to see to chop.

kawkab:


Excellent and Objective post

Thank You

OrlandoOwoh:
That will be achieved now that Jonathan, who spent 2 trillion, half of our yearly budget, on election, has been defeated.