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Buhari Social Program PART II: Feasible or Laughable? / Barcanista, Buhari's Social Program; More Of A Possibility / Buhari Social Program: Laudable, Laughable Or Dead On Arrival? (2) (3) (4)
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Re: Buhari's Social Program: Very Possible. by Nobody: 9:58pm On Apr 19, 2015 |
adaweezy:No mind these clowns. 1 Like |
Re: Buhari's Social Program: Very Possible. by collins0032(m): 10:02pm On Apr 19, 2015 |
Hmmm... dat was 1 comprehensive and analytical post, bt we don't knw the source's authenticity. |
Re: Buhari's Social Program: Very Possible. by Truckpusher(m): 10:03pm On Apr 19, 2015 |
barcanista:Very funny thread and yet people are commenting and churning out values from their asss. I hope that they are aware that Nigeria has not been able to pay their own share of the operational cost to these companies which has forced companies like Shell to abandon some of their fields onshore though oil theft and insecurity played a role too. Make una dey argue I dey come. 13 Likes |
Re: Buhari's Social Program: Very Possible. by Nobody: 10:05pm On Apr 19, 2015 |
barcanista:Since when did FIRS start collecting crude oil revenue? Btw using words like breaking it down to my level does not make you any smart. Go and read the FIRS link. 16 Likes 1 Share |
Re: Buhari's Social Program: Very Possible. by Nobody: 10:06pm On Apr 19, 2015 |
collins0032:I added links from national dailies to back my claims. 3 Likes |
Re: Buhari's Social Program: Very Possible. by Chigold101(m): 10:06pm On Apr 19, 2015 |
trillville:please remind me where our offshore crude is coming from? Talking of LNG, i think it is still coming from Niger Delta. Government revenue go into many things. GMB can start all these his social whatever even this year 2015 but by the end of 2016 Nigeria will be in a HUGE fix. Because many fg government will stand still & salaries would be hard to be payed. GMB/APC have even come out to deny some of the things they said during their campaign, soon they will also deny ever making these promises too. 10 Likes |
Re: Buhari's Social Program: Very Possible. by Sunnybobo3(m): 10:10pm On Apr 19, 2015 |
Obiagelli: And what is the petroleum profit tax component of that amount? 7 Likes |
Re: Buhari's Social Program: Very Possible. by doctokwus: 10:12pm On Apr 19, 2015 |
You failed to add 2 other potential sources of revenue: (1) A more rigorous tax policy.D new govt may borrow a leaf from d way Lagos state government tanked its revenue from tax alone. Conservatively when more income generating streams come on line and many tax dodging individuals and companies are brought on stream nationwide,that could add another N500b- N1t. (2) When loopholes from customs at d ports, and land borders are plugged another conservative N500-N1t cud be brought on line annually. There is also d proposal to increase VAT. Even if its increased from 5% presently to 7.5%,annual revenue could see another N1t jump. So conservatively you are looking at N2trillion additional income from untapped sources. The social programs are doable.We should not also forgot that the 'a meal a day' school feeding policy would also create secondary employment opportunities:the food vendor contracted for each school or group of schools has to employ at least an assistant if not 2;he/she has to regularly go to the market to buy food ingredients,this increases d revenue of that seller,she has to transport her items to the school etc.These may look simplistic and menial in outlook but its these little streams of steady employment and income that gets economies moving because they create a chain.All these people also have to pay tax in one way or the other, no matter how little. At the end of d day,d government may not even be spending as much as budgeted for d feeding policy and other social needs. Its only those who don't know GMB that can doubt d workability of his policies or his sincerity of purpose.Even if at d end of d day,some of these social programs are not fully implemented, GMB himself would come out to say why and believe me,his forthrightness on whatever issue,would douse any doubters, except those so used to being mischievous and still bearing a deep seated hate for having lost out in stealing and corrupting this nation under previous governments, particularly that of d monster that will handover May 28 or 29. GMB needs prayers, support and belief in d Nigerian project he is about to undertake, not hateful,spiteful,mischievous writeups from those whose hearts and souls are as bile filled as that of d devil himself. 25 Likes 5 Shares |
Re: Buhari's Social Program: Very Possible. by Sunnybobo3(m): 10:12pm On Apr 19, 2015 |
Obiagelli: Have you taken out the 13% derivation fund that accrues to the oil producing states? 8 Likes |
Re: Buhari's Social Program: Very Possible. by Nobody: 10:14pm On Apr 19, 2015 |
Obiagelli:This is how things work.... Nigeria Generates revenue from Oil export... Nigeria PAY Oil companies their own share for Operational Cost (mind you Nigeria is even owing these people). Na wa 4 you o 16 Likes |
Re: Buhari's Social Program: Very Possible. by Nobody: 10:14pm On Apr 19, 2015 |
Obiagelli:This is how things work.... Nigeria Generates revenue from Oil export... Nigeria PAY Oil companies their own share for Operational Cost (mind you Nigeria is even owing these people). Nigeria earning in 2014 from oil is $77b. ALl these money does not go to the government. Don't forget "Operational Cost". If Nigeria makes as much as $77b as its own share, we won't be crying for loan. Pls do your research and stop misleading people. Na wa 4 you o www.punchng.com/business/energy/nigeria-earned-77bn-from-oil-export-in-2014/ 6 Likes |
Re: Buhari's Social Program: Very Possible. by Nobody: 10:15pm On Apr 19, 2015 |
doctokwus: Brother there are several more ways in addition to your suggestions to raise funds but these lazy pdp minds will continue to spew crap. The mods should help us put this on the front page. 5 Likes 1 Share |
Re: Buhari's Social Program: Very Possible. by 1wolex85: 10:19pm On Apr 19, 2015 |
barcanista:is 77 billion dollars 1.5 trillion naira?abi I no know maths again? 5 Likes |
Re: Buhari's Social Program: Very Possible. by Nobody: 10:19pm On Apr 19, 2015 |
doctokwus: You are absolutely correct, but the problem is that most APC goons here and other social media kicked against the advice when it was given by NOI. We need to expand our tax base as well look at VAT as well as the activities of the customs. With 5% VAT, Nigeria is the almost the lowest in Africa let alone the world. https://www.nairaland.com/2259376/how-buharis-government-boost-revenue 2 Likes |
Re: Buhari's Social Program: Very Possible. by dunkem21(m): 10:20pm On Apr 19, 2015 |
1wolex85: Yes! You no know maths ..F9 1 Like |
Re: Buhari's Social Program: Very Possible. by Nobody: 10:22pm On Apr 19, 2015 |
barcanista: First of all i generously gave the oil companies 40% of crude oil sales in my calculations, so i don't understand your point. Btw how does $77 billion = 1.5 trillion? 9 Likes |
Re: Buhari's Social Program: Very Possible. by trillville(m): 10:23pm On Apr 19, 2015 |
Chigold101: Offshore comprises of continental shelves and deep sea oil fields. The ND cannot claim water bodies as part of ND land. 1 Like |
Re: Buhari's Social Program: Very Possible. by Nobody: 10:24pm On Apr 19, 2015 |
1wolex85:And the guy sabi throw insults. I hope MizMyColi is reading 6 Likes |
Re: Buhari's Social Program: Very Possible. by IbokUtoroh(m): 10:24pm On Apr 19, 2015 |
Obiagelli: OUT of these monies, how much is accrued to states? hv u subtracted state allocation, now tell us hw much is the balance. 2 Likes |
Re: Buhari's Social Program: Very Possible. by 1wolex85: 10:25pm On Apr 19, 2015 |
dunkem21:I think it's you that needs to check your maths! maybe he meant 7.7 billion. even at that,the link he posted says 77 1 Like |
Re: Buhari's Social Program: Very Possible. by Nobody: 10:26pm On Apr 19, 2015 |
IbokUtoroh:I already did that. Fg gets 52% 2 Likes |
Re: Buhari's Social Program: Very Possible. by tsdarkside(m): 10:26pm On Apr 19, 2015 |
[quote author=sam1234 post=32901115]ATTENTION ALL APC FAITHFULS!! THERE ARE PLANS TO POISON GMB!! Dear Uncle, the news today that President Goodluck Jonathan will hand over power to the President-elect, Maj. Gen. Muhammadu Buhari (retd.), on May 28, at a dinner and a vision by Dr. Moshood Fayemiwo relayed since April 2, 2015 from Chicago about possible food poisoning of Buhari if he visits Aso Rock, looks and sounds too coincidental for comfort. Very instructive in Dr. Fayemiwo's vision was the fact that he said he saw clearly that Buhari will be invited to Aso Rock on the pretext of hand over ceremony, during which he will be killed. And because Buhari has not been sworn-in, which constitutionally was to take place on May 29th, therefore, Pro. Yemi Osinbajo, the Vice President-elect cannot be sworn-in to take over. That leaves a power vacuum that will ordinarily call for interim government and Jonathan, who by now has been gathering goodwill on account of his acceptance of the election results, will be asked to fill the position. Please Uncle, get to reach the APC hierarchy to STOP Buhari from attending the dinner. He has waited for 12 years to get to the post, 24 hours to Friday May 29th surely is not long to wait. |
Re: Buhari's Social Program: Very Possible. by ChinemeOkpan: 10:27pm On Apr 19, 2015 |
I think we are missing a key point here PYO expanded on this issue on Channels TV “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. 17 Likes 2 Shares |
Re: Buhari's Social Program: Very Possible. by Nobody: 10:27pm On Apr 19, 2015 |
Obiagelli:Forgive my miscalculation. You don't "give" oil companies what you think, the business is not based on guess work. If Nailja generates that much do you think we'll be crying 4 loans? Or do you think states will be crying for more funds? Lol 4 Likes |
Re: Buhari's Social Program: Very Possible. by Nobody: 10:28pm On Apr 19, 2015 |
Obiagelli, so you will not share the funds to State Governments and Nothing for Local Governments ? Are you this uneducated to know about these issues. Chai, Buhari has infected you people with dogged daftiness. You wont even leave anything for Excess Crude Account, Nothing for External Reserves. ....Go school, you no gree. You will not even service any loans. Na wa o. 26 Likes 3 Shares |
Re: Buhari's Social Program: Very Possible. by vone2000tolu: 10:30pm On Apr 19, 2015 |
Waiting..... |
Re: Buhari's Social Program: Very Possible. by victors123: 10:31pm On Apr 19, 2015 |
Re: Buhari's Social Program: Very Possible. by ShowYourCertificate: 10:31pm On Apr 19, 2015 |
Biggest joke of the century. Now I'm convinced that our APC folks like Obiagelli and her ilks are clueless 21 Likes |
Re: Buhari's Social Program: Very Possible. by doctokwus: 10:31pm On Apr 19, 2015 |
Obiagelli:This is night, got no time to be posting links,but some of these doubters would be amazed how Lagos state government alone,using ingenious means,starting from d regime of Bola Tinubu was able to increase internally generated revenue from a paltry 500m to several billions,just from tax alone. There are several income streams, aside from plugging leakages that can tank Nigeria's revenue to several trillions. Its doable,its practicable. Adjustments may have to be made because it may take some time for a new government to get some of these new income streams going,but where d will and sincerity is there,a lot could be achieved. 5 Likes |
Re: Buhari's Social Program: Very Possible. by Misogynist2014(m): 10:31pm On Apr 19, 2015 |
Let time decide |
Re: Buhari's Social Program: Very Possible. by buoye1(m): 10:32pm On Apr 19, 2015 |
Thank you girl.....I love these,I av been waiting for a counter thread 3 Likes 1 Share |
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