As time for the planned subsidy removal draws near, I have decided to show those supporting subsidy removal what the countries dictating to us via IMF and world Bank are doing in terms of welfare.

In order they appear, Country 2005 2010 2015. A per capital welfare spendings in $.


1 Luxembourg 19,427.60 19,806.90 18,877.00

2 Norway 14,711.20 12,780.70 12,138.60

3 Denmark 12,895.20 12,308.10 10,985.60

4 Austria 11,926.20 11,592.20 10,398.20

5 Belgium 11,917.40 11,338.90 9,798.50

6 France 11,796.10 11,180.00 10,248.40

7 Sweden 11,664.10 10,929.30 10,920.60

8 Finland 11,514.60 10,601.60 9,125.20

9 Germany 10,598.70 10,347.00 9,731.60

10 United States 9,734.40 9,317.30 7,574.00

11 Italy 9,456.90 9,417.10 8,765.80

12 Ireland 9,397.80 10,638.70 7,293.5

13 Switzerland 8,649.30 7,968.90 7,791.20

14 Australia 8,328.10 6,997.00 6,713.50

15 United Kingdom 8,292.30 8,045.40 6,740.80

16 Japan 8,214.10 7,512.30 6,071.90

17 Netherlands 8,069.10 7,922.20 8,612.30

18 Spain 7,832.10 7,902.20 6,599.00

19 Canada 7,456.20 7,028.20 6,439.00

OECD - Average 7,071.10 7,203.40 6,289.20

20 New Zealand 6,612.50 6,416.60 5,448.00

21 Iceland 6,589.20 6,514.00 6,273.80

22 Portugal 6,418.80 6,689.80 5,947.80

23 Slovenia 6,364.50 6,495.20 5,593.00

24 Greece 6,027.60 7,001.90 5,762.20

25 Czech Republic 5,799.70 5,439.70 4,541.20

26 Hungary 5,031.10 4,965.40 4,721.00

27 Slovakia 5,005.80 4,465.70 3,129.70

28 Israel 4,852.40 4,452.30 3,905.40

29 Estonia 4,639.20 3,948.40 2,801.50

30 Lithuania 4,084.30 3,899.70 2,418.90

Canadian example from Wikipedia.

The Canadian social safety net covers a broad spectrum of programs, and because Canada is a federation, many are run by the provinces. Canada has a wide range of government transfer payments to individuals, which totaled $145 billion in 2006.[46] Only social programs that direct funds to individuals are included in that cost; programs such as medicare and public education are additional costs


Indian example from Wikipedia.

The government uses the unique identity number (Aadhar) that every Indian possesses to distribute welfare measures in India. As of 2020, the government's expenditure on social programme and welfare (direct cash transfers, financial inclusion, benefits, health and other insurances, subsidies, free school meals, rural employment guarantee), was approximately fourteen lakh crore rupees ($192 billion), which was 7.3% of gross domestic product (GDP).

What is the income per head of all these countries

Or let's make it easy find their annual budget and divide by their population


Do the same for Nigeria and let's see something

Are you ready to pay 1/4 of your money to sustain these welfare programs?

-Small nyash wan shake.

Blue3k:
Are you ready to pay 1/4 of your money to sustain these welfare programs?

The point here isn't tax increase but about whether petrol subsidy, arguably the most evenly distributed intervention from govt to all citizens be scrapped because of corruption? Corruption is everywhere and the solution is to handle the petrol subsidy corruption. Not pretending that change in hands handling the funds will do any magic.
To answer you still, high taxes will be accepted by most Nigeria if there is no corruption involved.

CodeTemplar:
The point here isn't tax increase but about whether petrol subsidy, arguably the most evenly distributed intervention from to all citizens.
To answer you still, high taxes will be accepted by most Nigeria if there is no corruption involved.

Can you give us the ratio of annual budget to population for these countries? So we can compare

Oil Subsidy sef is the main thing encouraging corruption

raumdeuter:


Can you give us the ratio of annual budget to population for these countries? So we can compare

Oil Subsidy sef is the main thing encouraging corruption

The point isn't about government giving Nigerians similar amount. It is about those asking us to scrap perltrol subsidy maintaining far far weightier wellfare schemes themselves.

This very possible especially in Nigeria. But greed has lead to the collapse of our economy. If they eventually takeaway subside, the rest of the money get stolen.

understand something....
western nations have no interest in the stability of any black nation....

thats why they will always suggest things that will destabilize you....

how is it that people that preach madness in their nations across to black nations walk freely around....
think about that....

Calabar1stSon:
This very possible especially in Nigeria. But greed has lead to the collapse of our economy. If they eventually takeaway subside, the rest of the money get stolen.

You get my point Those asking us to remove arguably our most evenly distributed subsidy are maintaining far weightier welfare. Taking the subsidy removal saving into already bastardized sector of the economy will only lead to one thing - change in who steals the money.

CodeTemplar:
The point here isn't tax increase but about whether petrol subsidy, arguably the most evenly distributed intervention from to all citizens.
To answer you still, high taxes will be accepted by most Nigeria if there is no corruption involved.

Your first sentence is an incomplete thought.

CodeTemplar:

The point isn't about government giving Nigerians similar amount. It is about those asking us to scrap perltrol subsidy maintaining far far weightier wellfare schemes themselves.

Do the basic calculation first bring 3 countries from your list and let's calculate it first to see the numbers we are working with. We have a very low revenue compared to our population

Blue3k:


Your first sentence is an incomplete thought.

check now


You can do that if you feel it justices them having welfares but discouraging us from having same.

CodeTemplar:
The point here isn't tax increase but about whether petrol subsidy, arguably the most evenly distributed intervention from to all citizens be scrapped because of corruption? Corruption is everywhere and the solution is to handle the petrol subsidy corruption. Not pretending that change in hands handling the funds will do any magic.

Petrol subsisidy removal serves to save the government money. In order to maintain subsidy they have to intervene heavily in the market with price controls. These controls lead to shortages because its set below the market price. It also hinders investment in the sector buy private sector because business wont see profits. When diesel subsidies were removed these ranging from corruption to shortages didn't occur. You kill two birds with one stone removing fuel subsidies. You can still fight corruption and get rid of the subsidies.

Blue3k:


Petrol subsisidy removal serves to save the government money. In order to maintain subsidy they have to intervene heavily in the market with price controls. These controls lead to shortages because its set below the market price. It also hinders investment in the sector buy private sector because business wont see profits. When diesel subsidies were removed these ranging from corruption to shortages didn't occur. You kill two birds with one stone removing fuel subsidies. You can still fight corruption and get rid of the subsidies.

You regurgitating needless fact and drawing illogical conclusions.
There will be more money in govt hand but what about the corruption that's everywhere including where the saved funds will be used?
To add to the nonsensically conceived though, those pushing us to remove welfare are seriously doing welfare.

people in the above countries you menton PAY HEAVY TAXES to support that same welfare system you talk about.

CodeTemplar:
You regurgitating needless fact and drawing illogical conclusions.
There will be more money in govt hand but what about the corruption that's everywhere including where the saved funds will be used?
To add to the nonsensically conceived though, those pushing us to remove welfare are seriously doing welfare.

I already told you fight corruption. The fuel subsidy creates problems regardless of corruption. The money saved could simply be left with the tax payers but would likely go into other capital projects. Yeah they're doing welfare it doesn't negate the facts laid before your face. Their citizens pay for those welfare programs directly from their pockets and its not equal distributed either. You can be offended but facts are market solutions to fuel price lead to a better outcome. People will have more fuel available and more jobs will be created to refine fuel domestically. I don't understand why Nigerians whine about paying market price for fuel when poorer neighboring countries do it.

Blue3k:


I already told you fight corruption. The fuel subsidy creates problems regardless of corruption. The money saved could simply be left with the tax payers but would likely go into other capital projects. Yeah they're doing welfare it doesn't negate the facts laid before your face. Their citizens pay for those welfare programs directly from their pockets and its not equal distributed either. You can be offended but facts are market solutions to fuel price lead to a better outcome. People will have more fuel available and more jobs will be created to refine fuel domestically. I don't understand why Nigerians whine about paying market price for fuel when poorer neighboring countries do it.

If you truly agree on fighting corruption, then the money saved from corruption be put to good use before talking about removing petrol subsidy.

As for the part about whinning about market prices. Are the developed nations paying market prices from what I posted here? Welfare only puts most of the money into their pockets directly instead of paying the sellers like our case, which then translates to multiple subsidies. Yet these same people are saying was should stop subsidizing production and move toward subsidizing consumption and corruption

you need to create wealth before you can redistribute it . unemployment rate, tax to gdp rate should be taken into consideration for it to work

Pythagoras001:
you need to create wealth before you can redistribute it . unemployment rate, tax to gdp rate should be taken into consideration for it to work

between cheaper petrol and school feeding or cash transfer, which one creates wealth most? Petrol subsidy it is.

CodeTemplar:
between cheaper petrol and school feeding or cash transfer, which one creates wealth most? Petrol subsidy it is.

Lol transfer payments don't create wealth. Go read your economic textbook.

Blue3k:


Lol transfer payments don't create wealth. Go read your economic textbook.

may be you can start by defining wealth for us.

CodeTemplar:
may be you can start by defining wealth for us.

Assets minus liabilities.

CodeTemplar:
As time for the planned subsidy removal draws near, I have decided to show those supporting subsidy removal what the countries dictating to us via IMF and world Bank are doing in terms of welfare.

In order they appear, Country 2005 2010 2015. A per capital welfare spendings in $.


1 Luxembourg 19,427.60 19,806.90 18,877.00

2 Norway 14,711.20 12,780.70 12,138.60

3 Denmark 12,895.20 12,308.10 10,985.60

4 Austria 11,926.20 11,592.20 10,398.20

5 Belgium 11,917.40 11,338.90 9,798.50

6 France 11,796.10 11,180.00 10,248.40

7 Sweden 11,664.10 10,929.30 10,920.60

8 Finland 11,514.60 10,601.60 9,125.20

9 Germany 10,598.70 10,347.00 9,731.60

10 United States 9,734.40 9,317.30 7,574.00

11 Italy 9,456.90 9,417.10 8,765.80

12 Ireland 9,397.80 10,638.70 7,293.5

13 Switzerland 8,649.30 7,968.90 7,791.20

14 Australia 8,328.10 6,997.00 6,713.50

15 United Kingdom 8,292.30 8,045.40 6,740.80

16 Japan 8,214.10 7,512.30 6,071.90

17 Netherlands 8,069.10 7,922.20 8,612.30

18 Spain 7,832.10 7,902.20 6,599.00

19 Canada 7,456.20 7,028.20 6,439.00

OECD - Average 7,071.10 7,203.40 6,289.20

20 New Zealand 6,612.50 6,416.60 5,448.00

21 Iceland 6,589.20 6,514.00 6,273.80

22 Portugal 6,418.80 6,689.80 5,947.80

23 Slovenia 6,364.50 6,495.20 5,593.00

24 Greece 6,027.60 7,001.90 5,762.20

25 Czech Republic 5,799.70 5,439.70 4,541.20

26 Hungary 5,031.10 4,965.40 4,721.00

27 Slovakia 5,005.80 4,465.70 3,129.70

28 Israel 4,852.40 4,452.30 3,905.40

29 Estonia 4,639.20 3,948.40 2,801.50

30 Lithuania 4,084.30 3,899.70 2,418.90

What's the average tax paid by average persons in those countries compare that to Nigeria

mrvitalis:

What's the average tax paid by average persons in those countries compare that to Nigeria

you have a good but incomplete point.
The tax paid, though higher compared to ours, are effective there because they are far less prone to corruption and thus available as subsidy. It means the rich who make so much money they may never spend get to share substantial part of their excess with the not so rich.
Ours is largely resource based thus making tax compliance rate of lesser significance. The point is a nation telling you to scrap something is maintaining same thing in greater extent. Subsidy is not bad for them because corruption rate is lower, allowing subsidies to reach its intended target.

CodeTemplar:
you have a good but incomplete point.
The tax paid, though higher compared to ours, are effective there because they are far less prone to corruption and thus available as subsidy. It means the rich who make so much money they may never spend get to share substantial part of their excess with the not so rich.
Ours is largely resource based thus making tax compliance rate of lesser significance. The point is a nation telling you to scrap something is maintain same thing in greater extent.

Nigerians get more far more in return per unit tax than those countries u mentioned

Most top cities in the world would collapse under Nigerian budget

FG should guarantee at least 2 Cups of Garri,One Cup of beans and one piece of dried fish for every Nigerian daily to guarantee that no Nigerian wold be allowed to starve

It would do a lot to reduce Crime and stimulate Agriculture

mrvitalis:

Nigerians get more far more in return per unit tax than those countries u mentioned

Most top cities in the world would collapse under Nigerian budget

Nigerian budget is a function of Nigerian structure which is unique in the whole world.

Our structure encourages corruption and when corruption affects subsidy, we allow people looking to control us via fiscal dependence to suggest we eliminate subsidy instead of corruption to a barest minimum.

CodeTemplar:
Nigerian budget is a function of Nigerian structure which us unique in the whole world.

Nah we can get more tax ..but tax would divide Nigeria fast fast

mrvitalis:

Nah we can get more tax ..but tax would divide Nigeria fast fast

tax is of negligible significance here as long as corruption remains rampant. Even if we quadruple taxes and income, corruption is very capable of eating whatever gain that brings to the table. Subsidy shouldn't be condemned because we have refused to fight what is affecting it, corruption.

CodeTemplar:
tax is of negligible significance here as long as corruption remains rampant. Even if we quadruple taxes and income, corruption is very capable of eating whatever gain that brings to the table. Subsidy shouldn't be condemned because we have refused to fight what is affecting it, corruption.

corruption can't function like this it we are tax


Tax Nigerians , tribalism would drop

Would yorubas still vote for Tinubu if they paid 35% of their income as tax ? No nah ...