abdeefggh:


Reno omokri on x

Reno shut up your mouth, our major problem in Nigeria is corruption, since you have failed to talk about it, let me remind you, because you have been creating so much nuisance of late on social media.

If we can reduce corruption by 40% in the country you will see meaningful development, 70% of our budget is stolen by politicians what do you expect the country to do with 30%.

Please go and look for a job because you are becoming a nuisance.

KingKO22:


See the kind of people that follows Pandora Obituary 😀

Compare a family of 5 people with 500k monthly for food and upkeed with a family of 50 people with 5k monthly for food and other up keep

How do you expect the 50 with 5k to have a standard living compare with just 5 people with 500k


Use ur brain bro

I want to ask You that claimed to have a functional brain, why would a man with 5k salary make a family of 50kids in the first place? So your analogy is useless

KingKO22:


See the kind of people that follows Pandora Obituary 😀

Compare a family of 5 people with 500k monthly for food and upkeed with a family of 50 people with 5k monthly for food and other up keep

How do you expect the 50 with 5k to have a standard living compare with just 5 people with 500k


Use ur brain bro

Secondly Did hee op is deluded because he has failed to understand that the value of naira has become so bad that a dollar is equal to a thousand naira so those countries that are making higher budgetary estimate maybe spending even lesser monies When the dollars is converted to theirs domestic currencies e.g an equivalent of 5milloin dollars in naira may execte the same project that 2million dollars can execute in South Africa due to their advance and stabilized economy.

KingKO22:


See the kind of people that follows Pandora Obituary 😀

Compare a family of 5 people with 500k monthly for food and upkeed with a family of 50 people with 5k monthly for food and other up keep

How do you expect the 50 with 5k to have a standard living compare with just 5 people with 500k


Use ur brain bro

Secondly the op is deluded because he has failed to understand that the value of naira has become so bad that a dollar is equal to a thousand naira so those countries that are making higher budgetary estimate maybe spending even lesser monies When the dollars is converted to theirs domestic currencies e.g an equivalent of 5milloin dollars in naira may execte the same project that 2million dollars can execute in South Africa due to their advance and stabilized economy.

Ogene001:

A population that praise Chinese and lebanese industrialization in Ogun who pack Nigeria money to their countries but mock Nnewi and Aba for their indegenous efforts

Exactly, I keep reiterating that one small Indegenous company is far more beneficial to the nation than a large foreign corporation, Nigerians are to illiterate to understand the concept of capital flight, as long as igbos are jeered, ther rest of Nigerians will be happy.

This omokery always only makes comparisons when it suits him, why can't he compare infrastructural achievements per reach country's budget etc and not comparing just the amount

Phantom233:
It's not about how much you budget but what you actually do with the money. Even if we're given 500billion dollars yearly, our extremly corrupt and wicked Apc political rulers and Allies will reloot the monies without any tangible results

Let's just say our political class. Nigerias problem is inherent.

Phantom233:
It's not about how much you budget but what you actually do with the money. Even if we're given 500billion dollars yearly, our extremly corrupt and wicked Apc political rulers and Allies will reloot the monies without any tangible results

foolish people

Phantom233:
It's not about how much you budget but what you actually do with the money. Even if we're given 500billion dollars yearly, our extremly corrupt and wicked Apc political rulers and Allies will reloot the monies without any tangible results

🤡

Dialpad:
We need to find ways to generate more revenue...

Sleeping giant ....

Who are the "we"?

Revenue for who and what?

All the revenue that has been borrowed so far, what has been done with it?

KingKO22:


See the kind of people that follows Pandora Obituary 😀

Compare a family of 5 people with 500k monthly for food and upkeed with a family of 50 people with 5k monthly for food and other up keep

How do you expect the 50 with 5k to have a standard living compare with just 5 people with 500k


Use ur brain bro

How is the population of Nigeria the problem of Nigeria?

What is Nigerias greatest resource?

Phantom233:
It's not about how much you budget but what you actually do with the money. Even if we're given 500billion dollars yearly, our extremly corrupt and wicked Apc political rulers and Allies will reloot the monies without any tangible results

but 90% of Nigerian are not Clean when come to money and palliative

tsdarkside:


olomo billionaires....

what are you still movin around for then....

stay in your region....

just visit Nnewi first fóol

And nothing will still come out of the budget 😂

nairalanda1:


1. Algeria produces about 4 times more oil than we do so more money (actually around the same amount of crude, but for a population of 44.5 million people, compared to our 200 million and more).

2. South Africa has a diversified economy and as such has more money.

3. Egypt has a diversified economy and is a tourism monster. (Everyone must see the Pyramids and the Sphinx at least once. That's billions of kash in hard currency without doing anything)

1.Algeria doesn’t produce 4 times the oil we produce. They actually produce a lot less than us. Their official OPEC quota is half that of Nigeria.

2. Those figures for Nigeria are actually wrong because they are federal budget and don’t include states. If you include states it is more like $65b

3: It is not about diversified economy, Nigeria is actually a very diversified economy., it is about the fact that Nigerians do not pay the same levels of taxes as in these countries and we tend to generate most of govt revenue from oil royalties…though this is changing . Whereas other countries generate most of their monies from taxes.

Ekugbeh:
just visit Nnewi first fóol

stay in Nnewi....

chaii....

Add states budgets. So they have state budgets in those aforementioned countries?

What is the standard of living in these three other countries?
What is the life expectancy?
Corruption index?
Transparency International?

azzima:
The BIGGER Question to ask here is......How MANY of these Noisemakers here ACTUALLY pay their taxes?

Do Mechanics, 4 by 4 Traders, spare parts sellers,Hawkers, etc pay their taxes How

We Keep comparing ourselves with Countries with High numbers of their Citizens doing their PART of Contributing to their Country's economy by paying taxes.

We cannot be on par with these other Countries if we pay ZERO Taxes.

Most of these Noisemakers have NEVER filled a tax form in their ENTIRE LIFE....

ABEG!!!

Harsh truth

As the World Bank said in 2019, most Nigerians do not pay taxes to state and Federal govenrment

But because na world bank say am, people prefer to attack the messenger.

Meanwhile in the UK, they are so harsh on tax avoiders. Avoid paying TV licence for example, and you could get into trobule.

tsdarkside:


chaii....you dont get it....

you think every american is rich....??
do you even understand how much american goverment people share between each other....??

which goverment system are you tryin to copy....??
not american....??

you prefer communism....??
even that will still land you in the same situation....sorry,you cant change human nature no matter which goverment system you choose....

Oh my gawd 😲

Share?

Do the leaders there also order the vault to be opened at will in a crude manner so that they can pack money 💰 for their personal use like the way the crast politicians do here?

abdeefggh:
We have a long way to go

Many of these countries have a stronger military capability compared to Nigeria. Approximately 50-70% of their budget is allocated to the military, explaining the substantial budget.

VeeVeeMyLuv:

Oh my gawd 😲

Share?

Do the leaders there also order the vault to be opened at will in a crude manner so that they can pack money 💰 for their personal use like the way the crast politicians do here?

go find out how much they earn in america....

you wan blame nigerian politicians if they wan immitate american politicians....??

they will even tell you they dont earn that much sef in nigeria....

nairalanda1:


1. Algeria produces about 4 times more oil than we do so more money (actually around the same amount of crude, but for a population of 44.5 million people, compared to our 200 million and more).

2. South Africa has a diversified economy and as such has more money.

3. Egypt has a diversified economy and is a tourism monster. (Everyone must see the Pyramids and the Sphinx at least once. That's billions of kash in hard currency without doing anything)

Ruwanda is busy building their country to make it tourist hub advertising their country but our dear Nigeria no everyone want his share of the national cake

casualobserver:


1.Algeria doesn’t produce 4 times the oil we produce. They actually produce a lot less than us. Their official OPEC quota is half that of Nigeria.

Noted and corrected (check the post you quoted)

2. Those figures for Nigeria are actually wrong because they are federal budget and don’t include states. If you include states it is more like $65b

It's still godawful though. 200 million people or more sharing 65 billion dollars? We should be at trillions of dollars if we weren't such a one trick pony economy.

3: It is not about diversified economy, Nigeria is actually a very diversified economy., it is about the fact that Nigerians do not pay the same levels of taxes as in these countries and we tend to generate most of govt revenue from oil royalties…though this is changing . Whereas other countries generate most of their monies from taxes.

True, but diversification in this case means a diversified export PLUS tax income...like we should be exporting more of other things like raw materials, and seriously manufactured goods and services

Babaken:
Ruwanda is busy building their country to make it tourist hulb advertising their country but our dear Nigeria no everyone want his share is the national cake

Rwanda is still a third world country, beyond the lights of Kigali.

They need more than just 'tourism'

Egypt is a mega tourist hub, but they also have manufacutring and an extensive agro-allied industry.

After all this talk, you will still come back and defend them.

madmohamed:
the country you Manton is working properly Nigeria is not working 80 percent of the money will be stolen by our criminal politicians

In South Africa all eyes 👀 will be on any project but in Nigeria they will keep on budgeting billion for one project for 20 years

Loke our refinery our roads east west road Lagos abiokute road onitsha Enugu road many of them did you know how mush past government spends on that project still nothing working something will not happen in South Africa and Egypt

Our politicians are more than arm robbers they need to be ston to death

Any intelligent Nigerian knows this already, when people in our country beat their chest, saving giant of Africa etc etc, yes we are the giant of Africa. Giant of poverty on the continent. Shame

Catapault:


SHUT UP. IT IS NOT TRUE.

If we had enough money coming in, you will see the effect.

Do you think there is no corruption in Saudi, UAE and co?

There is HEAVY corruption there, but the fact that they have a tiny population means that the govt can easily fix the country even with the corruption.

So having a lot of money coming in, will always negate the effects of corruption.

You notice corruption because we don’t have enough money coming in.

You have no idea about the unlimited greediness of these politicians

Let me make it clear to you, even if Nigeria budget is $1 trillion dollars ($1,000,000,000,000) , Nigeria will still remain underdeveloped with very poor living standards due to unlimited corruption of the leaders.

Mind you, improvement in living standards of the people is the best way to determine if a government is performing well or not.

Why singled out APC? So, in your eyes, other political parties are saints right? All the Nigerian political parties, and even the citizens are mostly crooks and corrupt

Phantom233:
It's not about how much you budget but what you actually do with the money. Even if we're given 500billion dollars yearly, our extremly corrupt and wicked Apc political rulers and Allies will reloot the monies without any tangible results

casualobserver:


1.Algeria doesn’t produce 4 times the oil we produce. They actually produce a lot less than us. Their official OPEC quota is half that of Nigeria.

2. Those figures for Nigeria are actually wrong because they are federal budget and don’t include states. If you include states it is more like $65b

3: It is not about diversified economy, Nigeria is actually a very diversified economy., it is about the fact that Nigerians do not pay the same levels of taxes as in these countries and we tend to generate most of govt revenue from oil royalties…though this is changing . Whereas other countries generate most of their monies from taxes.

You are the only intelligent person in this forum.Jusy that Algeria produces more than us.

But..among all those countries displayed,only Nigeria is a FEDERAL STATE,other are Unitary state with one single budget

I KEEP TELLING PEOPLE, OUR GROWTH RATE IN POPUPULATION IS OUR BIGGEST PROBLEM IN NIGERIA, POVERTY AND CORRUPTION ARE JUST SECONDARY.