CilicMarin:
It Shall Never Be Well With Anybody Trying To Bring Us Back To The Years Of Arbitrary Looting Of Our Common Patrimony..

What is going on now is clearance which is beyond looting. They have cleared the treasury hence the need to borrow for them to clear.

CilicMarin:
[s][/s]

This one is in Civia Pain..

Who told you the whole money is for the Federal Government?

Parts of it is for ur village people, I see

CilicMarin:
It Shall Never Be Well With Anybody Trying To Bring Us Back To The Years Of Arbitrary Looting Of Our Common Patrimony..

Amin. Yet, the government needs to borrow to fund a 5 trillion budget.
Let's keep looking while we choose sides

lobell:
Yet we still have to borrow to fund budgets...stop deceiving yourselves please.

That's because Nigeria spends about 60 percent of its income in servicing bonds. Nigeria's huge dept profile is a source of concern

Small money for a large country like Nigeria, 5 trillion is Ghana's 2018 annual budget.

While we commend FIRS for increasing the tax collections but it's still too low for a $500 billion economy, we should be able to collect at least $100 billion or 31 trillion naira from tax a year to have adequate funds to invest in education , health and infrastructure, we are just wasting time and opportunity by not collecting the correct taxes from the Dangotes, Adenugas, Atikus, Tinubus, Danjumas, and millions of others gaming the system.

South Africa with a $380 Billion economy budgets $120 billion while we budget $28 billion how can we have power and good schools or roads?