abdeefggh:
We have a long way to go

casualobserver:


We can double our tax revenues without the poor. The people who really pay taxes in this country and Salaried workers and companies. Most self employed do not pay their fair share of taxes. There are also a lot of taxes that are not being paid. Just see how much Wike raised in Abuja in 1 month when he asked Abuja. Residents to pay their ground rents. There are many leakages all over the place without targeting the poor. In most countries the rich pay 80% of the taxes. In Nigeria, the rich and the middle class do not pay the right amount of taxes.

JapaPrince:
1. Our leaders pay themselves better than counterparts in mentioned countries. 2. They receive healthcare abroad despite budget constraints. 3. There's an alleged misappropriation of 70% of the already limited funds. 4. Leaders drive equally or more extravagant cars compared to counterparts.
If there’s no money we will agree when they step down.

richiemcgold:
I've been saying this for donkey years that Nigeria is not as rich and financially bouyant as many Nigerians think we are.

..in a nutshell, Nigeria is a poor country with massive potentials

tsdarkside:


is he wrong....??

you are not rich....stop lyin to yourselves....
corruption is in every nation on earth....
our own is we are fightin each other for the little we have like crabs in a bucket....

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

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

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

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

Sleeping giant ....

tsdarkside:


true....

the problem is how you wan enforce it that the money realy land in federal account....

nigerians have turned bribin themselves out of situations a normal thing....

Corn247:
And this Nigeria's budgets is mostly borrowed.

Sorry to say, this is what you get when you have huge unproductive population, population that thinks they are smart and intelligent by importing what we should be forced to produce.

The mod should move this vital information to Frontpage

Nflmod
Mynd44

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

OLOKOESHIN:

Mumu

SoloCraft306:
[left][/left]

I disagree with you if you check the owner of the private universities in Nigeria it is own by an individual and a university could scoop billions of naira and who are the owners of this universities ex- president,senators, public servants, there's abundance of what you can think of in Nigeria it's just black minds that is our problem, if only refineries can work and agriculture can work, infrastructure can work, power can work and industries can retrieve we will be good.

abdeefggh:


🤡

abdeefggh:


Reno omokri on x

Hespee93:


For the fact thay APC who has majority of political office holders is giving you sleepless night is something I love seeing.

IgOga:

Seriously

abdeefggh:
We have a long way to go

Corn247:
And this Nigeria's budgets is mostly borrowed.

Sorry to say, this is what you get when you have huge unproductive population, population that thinks they are smart and intelligent by importing what we should be forced to produce.

The mod should move this vital information to Frontpage

Nflmod
Mynd44

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

abdeefggh:


Reno omokri on x

Princewill1:
Largest Economies In Africa 2023:

1. Nigeria
GDP- 477B dollar
Budget- 33B

2. Egypt
GDP- 475B
Budget- 97B

3. South Africa
GDP- 405B
Budget- 132B

4. Algeria
GDP- 195B
Budget- 98B

This is simply because Nigeria is collecting lesser taxes despite having bigger economy. And also unlike other countries, Nigeria runs a federal system of govt with components states having their own budgets.

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)

Corn247:
And this Nigeria's budgets is mostly borrowed.

Sorry to say, this is what you get when you have huge unproductive population, population that thinks they are smart and intelligent by importing what we should be forced to produce.

The mod should move this vital information to Frontpage

Nflmod
Mynd44

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

salem1996:

Don't bother advising them sir, most people here are too daft to understand anything as long as it goes against them.

You compare those budgets and how far those countries have gone ahead then you'll realized that Nigeria doesn't even derseve 1b dollar as budget because at the end it's going into pockets not national investment

richiemcgold:
I've been saying this for donkey years that Nigeria is not as rich and financially bouyant as many Nigerians think we are.

..in a nutshell, Nigeria is a poor country with massive potentials