₦airaland Forum

Atiku has been contesting for President in every election since 1992

He has married several wives and has several dozen children who were sent to school abroad paying international student rates

He has been paying Lawyers including dozens of SANS and international lawyers every election cycle fighting all the way to the Supreme Court.

How is he able to fund all of these while being a civil servant and government worker in his early career?

There are a lot of Similarities between Tinubu and Obama

1. Both went to university in Chicago

Tinubu attended Chicago State University
Obama attended the University of Chicago

2. Both Student Presidents

Tinubu contested and became the Student President of the Accounting Society
Obama contested and became the student president of the Harvard Law Review

4. Both Pictured Smoking

5. Both accused of certificate forgery

Tinubu was accused of School forgery
Obama was accused of birth certificate forgery

6. Both became senators

5 Both became President
Tinubu became president of Nigeria against all odds despite attacks from all sides including his own political party
Obama Became president of America against all odds as the first black president of the US

6. Both are stupidly accused of being transgender

7. Both have mob opposition.
Tinubu has Obidients while Obama has MAGA

8. Both have daughters

9. Both of them like to apply the term 'silence is the best answer for a fool.

10. Both could not be stopped despite everything thrown at them

That is a faded 8

Complete delusion is their reality.

Atiku's Lawyers have received the records but now the ones hiding it.

Tinubu once again has out smarted them sending Atiku and Obidients on Fool's Errand

By the time Tinubu opens book for Atiku, he will go broke

Waste of time

Ghana has gold that does not need much refining but not making the best use of their natural resources.

The Ghanaian government has filed for bankruptcy after failing to pay billions of dollars it owed to international creditors in December.

Ghana would not be bankrupt if they allowed Nigerian traders to thrive and pay taxes.

Instead, they are focused on unproductive African Diasporan returnees

SalamRushdie:
That train has just 4 carriages so how did you arrive at 1 million passengers a day ? That's not even possible in 50 years

When the whole Metro train lines become operational

Western democracy is not the best

See the growth of China and Russia

Even the UK has the same Monarch always

The Western governments are all on the same agenda regardless of political party due to their strong policies

The train ticket is cheap at ₦2K daily

UK daily Train card will cost you ₦21,000 daily

BABAawoo47:
which ticket will cost 2k? Abi u dey smoke weed ni

It saves time and avoids traffic. People will pay for it.

It is cheap at 2K daily

UK daily Train card will cost you ₦21,000 daily

Check out the video of the Monrail in Rivers State abandoned by Wike

A project costing $400 million was abandoned 8 years ago in 2015

The train project could have generated a lot of income for the state over the years if operational

It is important to have continuity in government

Lagos having had governors of the same interest has shown how important it is for continuity in government.


https://www.youtube.com/watch?v=-8dDeSZ2kaU

How Lagos Can Pay Back $1.17 Billion Loan For The Train Project In 1 Year


Daily

1 million passengers at ₦2000 - ₦2,000,000,000

Advertising on Trains - ₦200 Million
Advertising on Platforms - ₦150 Million
Advertising on Stations - ₦150 Million

Total - ₦2,500,000,000

Yearly x 365 - ₦912,500,000,000 (approx 1 Trillion yearly)

Thread - https://www.nairaland.com/7834079/how-lagos-pay-back-1.17

By the time Tinubu shows them even Peter Obi will become a fan

Daily

1 million passengers at ₦2000 - ₦2,000,000,000

Advertising on Trains - ₦200 Million
Advertising on Platforms - ₦150 Million
Advertising on Stations - ₦150 Million

Total - ₦2,500,000,000

Yearly x 365 - ₦912,500,000,000 (approx 1 Trillion yearly)


To further maximise profit
The government can buy land at surrounding train stations and build high-rise residential flats and offices. (same solution for the failing Abuja Metro)

Obidients have no momentum on their own. They are users.

The Obidient movement was built on the momentum of Sowore's protest efforts

Even their copy-and-paste Twitter journalist was just copying and pasting Sowore's past published investigations.

Kids who were not born during the military era suddenly started saying horrible things about those who fought for their democracy

They made noise about protesting after judgment, but have all gone quiet. They are looking for another Sowore to exploit,

Now, no one to protest for them

If it were a presidential election tribunal involving Sowore, the judges would know the trouble that would follow

No case to answer

Over qualified

Think twice before Japaing

Peter Obi will be the best to manage a palliative scheme like this.

Use for Food and Agriculture

Advice to State Governors on Utilizing the 5 Billion Naira Government Palliative Fund:

State governors are advised to use the 5 Billion Naira government palliative fund towards purchasing food crops directly from local farmers. As part of this initiative, it is recommended that the governors implement a reciprocal arrangement whereby farmers are required to invest in fertilizers and animal feed exclusively from local suppliers all registered with the state government.

Furthermore, the acquired food crops should be made available for sale by the state government at significantly reduced and accessible prices to anyone that registers interest to buy but must be sold in rations. Additionally, a provision must be made for distributing complimentary food supplies to individuals with special needs and the elderly population.

Any money made by the state government should be put back into the scheme until the funds are exhausted.

This will provide the most basic need of people and invest in the local food and agriculture economy.

There are reports that Blinken is calling Tinubu regarding Niger.

Tinubu should stop letting the west disrespect us.

How is Blinken calling Tinubu and trying to influence what happens in Niger. Our government officials don't just call president Biden.

Nigeria and Africa should ignore the US and all western countries trying to play Africa like a pawn for exploitation.

If Biden is not calling, no picking up the phone.
And when Biden calls, the answer should always be: Mind your business.

Perfectbeing:
You people own is to talk like senseless persons.
Nigeria selling 3mbpd at $100 per barrel will have to sell crude for 365 days to make just $109.5bn.
Let's even assume the other source of the funding you mentioned generates another $109.5bn. That's $219bn.
Does this make sense to you?

It is senseless to be thinking that the only money a country can earn is selling Oil barrels. Read the post and see suggest and proven ways of generating funds.


Universal income already works in several countries

On average people in Saudi, UAE, Qatar, Brunei, and several other resource-rich countries get Univeral Income

Several Western countries also get Universal Income


Knowing how enterprising Nigerians are, It is likely to create many businesses like farming and trading rather than create lazy people.

NewDea4:
You're a full-blown lunatic dude

Let's hear your Non-lunatic reason why this cannot work dude.

OperationalVehi:
Poor people with big money advice all the time

It doesn't work that way my friend

Nigeria is not Poor, just mismanaged.



Frontpage discussion

There are approximately 110 Million Nigerians above the Age of 18.

Giving everyone regardless of employment status 100 Thousand Naira Monthly will create the fastest growing economy in the World.

It will retain skilled Nigerian citizens in the country as a stay incentive.

It will cost 132 trillion Naira per year or $115 billion

25 percent of People will create a successful and taxable business from the scheme - 27.5 Million Businesses

Providing a universal basic income where 110 million Nigerians receive 100 thousand Naira monthly, could have a significant impact on reducing poverty and providing financial stability for a large portion of the population. However, there are several factors and considerations to take into account:

Cost: Implementing such a program would require a substantial amount of funding.

Funding: The government would need to identify sustainable funding sources to cover the costs of such a program.

Economic Impact: Providing a basic income could alleviate poverty and joblessness

Administrative Challenges: Distributing payments to such a large number of people would require a robust and efficient administrative system to prevent fraud, ensure fairness, and manage the logistics of the program.

Long-Term Sustainability: Funding a program of this scale over the long term would require careful planning and continuous evaluation to ensure its effectiveness and sustainability.

Funding
Resource Revenue: Resources like oil, minerals, or other valuable commodities, a portion of the revenue generated from their extraction and sale could be directed towards funding.

Tax Reforms: Introducing or modifying certain taxes could generate additional revenue. For example, increasing taxes on high-income individuals, luxury goods, or certain industries could provide funding for the program.

Value-Added Tax (VAT): Implementing or increasing a consumption tax like VAT can generate substantial revenue. A portion of the VAT collected could be allocated to funding.

Wealth Tax: Introducing a wealth tax on individuals or corporations with high net worth could generate significant revenue that could be channeled into the UBI program.

Financial Transactions Tax: Implementing a small tax on financial transactions, such as stock trades, currency exchanges, and other financial activities, could generate revenue while also discouraging speculative activities.

Inheritance Tax: Levy a tax on large inheritances to generate revenue from wealth transfers.

Land Value Tax: Tax the value of land to generate revenue from real estate holdings.

Tourism Tax: Implement a tax on tourism-related activities to generate revenue from the travel industry.

Lottery Proceeds: Allocate a portion of lottery or gambling proceeds to fund UBI.

Income from State-Owned Enterprises: Utilize revenue generated from state-owned enterprises
Customs, Airports, Airlines, Railways, Schools, Visa fees and so on



The Government can test this for half the cost for 6 months - Only $57.5 Billion and the Scheme should self sustain by the 7th Month

NTA News
@NTANewsNow
NEWSFLASH:

Federal government applies to withdraw firearms count against suspended CBN Governor, Godwin Emefiele, files twenty counts charge against him before High Court of the FCT

https://twitter.com/NTANewsNow/status/1691432227161120768