mayorchelsea:
The responsibilities of government is not to provide security, welfare and justice but to;
i) empower the people to provide security, welfare and justice for themselves and their fellow countrymen.Most stupid thing I've seen yet in 2017.

ODDVanguard:
Odiegwu for this jobless Ipad e-touts. This Yoruba obsession is seriously becoming worrisome -- as if the key to your success with this agitation depends on Yoruba because me I no sabi again o. It's like una latest tactic na to dey use your prominent kinsmen to fabricate lies (the other day this same OP was busted lying with Ngozi Iweala's name to drive traffic to a useless thread). Today it's Peter Obi. Why must Ipads LIE to get attention?

machinery1:
Eboes cant stop bringing shame and ridicule to their tribe, osus now flood nairaland with their customized foolishness and stupidity. No wonder they are being slaughtered everywhere. Shameless wanderers

orimsamsam:
Na Yoruba matter go kill Dis people eventually. Despite insulting Ibadan, a bus from south east just drop another set of eboes In Iwo road.

Fremancipation:
Op the title defeated the message. Please leave Yorubas alone. Recession is already dealing with them. No need for extra drama in their lives.

Movic1:


Lmao... I am very sure that 20sets of flatHd go dn drop b4 dz one

Fremancipation:
Op the title defeated the message. Please leave Yorubas alone. Recession is already dealing with them. No need for extra drama in their lives.

Joe4lv:
In as much as I dislike your title,I just learnt a great thing from your write ups.

I remembered when Peter Obi was Governor, for 2 years,Anambra was on a standstill with nothing to show for it not knowing this was what the man was doing. On the 3rd year of his being a governor, he started massive projects and completed most in his 2nd term.

There are serious points to take home about your post like "Budgets should be planned based on actual incomes not expected income to avoid borrowing in case of irregularities"

This is superb!!!

It's not wrong if Peter Obi becomes our president come 2019.

#PeterObiForPresident2019

Twistaray:
Perhaps, the OP need to see the least poverty region in the whole of obodo nigeria?
Op do you realize that SW is the only region with the least poverty rate?
If you want prove ask for it stop pulling stats from your akpu head abeg..

orimsamsam:
bro it very funny. If anybody knw underbride in Iwo road. They will attest to Wht am saying.
Ibadan is naw there safe Haven, they are always arriving in batches

machinery1:


Yet you cursed cannibals cant stop trooping to same Yorubaland. Shameless people that smuggle cocaine to survive, so your kinsmen lining up with collect rice from Aisha Buhari are doing what? Woe betides you devilish people.

Movic1:


Lmao... I am very sure that 20 sets of flatHd go dn drop b4 dz one

ImperialYoruba:


Let them keep bringing their elites to Nairaland for flogging nau. Dont worry about that. Yoruba dey here to teach home lessons their forefathers skipped indoctrinating in them.

superstar1:
Coming from Ojukwus (cowards) and Osus (conquered slaves) that are always running away from their despicable land, makes it very hilarious.

ScotsReferendum:


I don't think so

The Igbos were also warned that they are trending on similar path eg Imo and Abia are being mismanaged.

If care is not taken, those states will end up as failed states


If only you guys were not given substandard education, you would have seen that the Igbos were warned that they are towing similar path to poverty at state levels and not personal level

ScotsReferendum:


I don't think so

The Igbos were also warned that they are trending on similar path eg Imo and Abia are being mismanaged.

If care is not taken, those states will end up as failed states







If only you guys were not given substandard education, you would have seen that the Igbos were warned that they are towing similar path to poverty at state levels and not personal level

Twistaray:


Mr liberal,neutral where are you from
let's take it from there

ificatchmodeh:
Op..why you come the fine trouble naa..

Na 2017 bbe this o.. repent!

ScotsReferendum:

1) Non-empowerment of their citizens with 2 essential knowledge necessary for their security and welfare.

This knowledge are Technological and business education that are necessary to inspire them to develop workable and marketable products that generate wealth

Ever wonder why 90% of the richest nations in the world have the most knowledge in technology and business eg US, Germany, France , China, Japan, Korea, Taiwan etc

2) Wrong understanding of what government basic responsibilities are.

The responsibilities of government is not to provide security, welfare and justice but to;

i) empower the people to provide security, welfare and justice for themselves and their fellow countrymen eg Switzerland is a very rich nation with no unemployment and standing army.
Yet no nation not even Hitler Mussolini and Stalin dared to invade her.
Why.? because all her citizens receive compulsory military, technological and business training.

ii) reward with fame and money those who provided security, welfare and justice for their fellow citizens (eg Noble Peace Prize.)

3) Government wrong budgeting and borrowing practices.

Do you know many nations are heavily indebted because they spend more than their revenue.

If you trace carefully, you will find out that it is linked to their budget system.

Why should a government make budget based on expected income instead of actual income.

Now when they make budget based on expected income instead of actual income and a shortfall in income occurs, most government officials result to borrowing

Unfortunately, because they know that they won't be held accountable because they might not be in power in the future if the money is not properly utilize, this leads to mismanagement or looting

To make matters worst, they invest borrowed money into things that do not generate revenue to payback for the loan and its interests

This leads to heavy indebtedness example US is in a debt of over $17 trillion.

Governments should be discouraged from borrowing because of bad attitudes of government officials with borrowed money



So it is advisable that a new budgeting based on actual revenue and not expected revenue is developed and adopted to prevent government officials from
1) spending more than the revenue generated
2) borrowing stupidly

The expected revenue should be generated 2 years earlier and broken into 2 unequal halves.
The largest half for the budget and the smallest half for investment that can make up for budget inflationary situations.

This revenue generated 2 years earlier, should be prepared the next year, before its implementation on the 2nd year eg 2016 revenue generated, should be prepared for 2018 budget in 2017 for effective budgeting

The budget should be broken into 3 components namely Spending, Saving and Investment.

Spending: Recurrent expenditures
Savings: Foreign Reserve
Investment: Capital Projects

Yoruba and Igbo states must engage their budgets in these 3 things or perish

Is a shame that except for Anambra, no state has savings and investments.

To make up for inflation, a percentage of the revenue generated in 2016 should be set aside for investment in 2017 so as to make profit and enlarge the money in order to add to the 2018 budget to make adjustment for inflation.


Thanks

All ammunitions towards me are expected


Remember the message is more important than the messenger.

Rapmaestro:
shove your opinions down your a.ss

Joe4lv:
In as much as I dislike your title,I just learnt a great thing from your write ups.

I remembered when Peter Obi was Governor, for 2 years,Anambra was on a standstill with nothing to show for it not knowing this was what the man was doing. On the 3rd year of his being a governor, he started massive projects and completed most in his 2nd term.

There are serious points to take home about your post like "Budgets should be planned based on actual incomes not expected income to avoid borrowing in case of irregularities"

This is superb!!!

It's not wrong if Peter Obi becomes our president come 2019.

#PeterObiForPresident2019

ScotsReferendum:


The earlier wey we begin dey tell ourselves the truth the earlier we go begin escape recession

Sey recession no dey wire you

Twistaray:
Perhaps, the OP need to see the least poverty region in the whole of obodo nigeria?
Op do you realize that SW is the only region with the least poverty rate?
If you want prove ask for it stop pulling stats from your akpu head abeg..