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Nairaland Forum / Nairaland / General / Agriculture / Of Crude Oil And Agriculture: Contribution to GDP is not the issue (3446 Views)
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Of Crude Oil And Agriculture: Contribution to GDP is not the issue by koruji(m): 6:04pm On Oct 24, 2010 |
In a thread on Arewa Republic becoming Hausaland was the conversation quoted below. Basically, the question was to prove how much the north contributes to the Nigerian economy. The reply came quickly saying that Agriculture contributes more than 40% of the economy, and the Northern states are the major contributors, while Crude Oil contributes only 19%. These are facts, but curiously no one has challenged their incompleteness, but especially that these are beside the point of Nigeria's resource conflicts. The fact is that [size=14pt]almost 90% of all Nigerian government revenue comes from the oil[/size], that means at most 10% comes from Agriculture - but it is surely no more than 1% - since hadly any taxes are paid on Agriculture. Thus, the real issue is not whether the North or any other region is contributing to the economy, but the following. The income from the agricultural contribution by the North is [size=14pt]RECEIVED BY THE NORTH. In contrast, the income from crude oil by the region that produces it is taking almost entirely from them[/size], even though it is only 19%, and used to support the other region's contributions. The 13% derivation means that they only get to keep about 2.6% of the GDP+whatever the Federal Government distributes in general. Moreover, that 2.6% is funnelled through a corrupt system such that the true owners of the oil see very little of it at the end of the day. Meanwhile, the FG gives subsidies on fuel and provides free fertilizer for Agriculture - but the income goes straight to the farmer. In addition, the land of the oil producing regions are damaged, fried and generally ruined so that they cannot even attempt to engage in productive agriculture in many parts. This is the violation of natural justice that we are collectively perpetuating in Nigeria. No wonder the country knows no peace.
Me_Aboki: |
Re: Of Crude Oil And Agriculture: Contribution to GDP is not the issue by Desyner: 4:38pm On Sep 23, 2017 |
The parasitic north sells and earn her own contribution that's hardly taxed into personal pocket while the ss sells and pays majority of her own contribution into the federal purse from where it is redistributed in a way that further favours the north. The injustice is too much. We need restructuring. Just Look at how dwindling crude price inspired a rice-revolution. |
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