Akingangan's Posts
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OperationalVehi: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
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40 percent of Nigeria's foreign reserves have been used as collateral to borrow money from JP Mogarn. Nigeria could go bankrupt if the value of the Naira keeps declining. This is the perfect time for the Tinubu taxation proposal to come to the rescue of Nigeria. |
Nairaland should also be regulated. Nigeria has a lot to do! |
I observed David Hundeyin changing from being an enemy and a critic of Elon Musk to quickly switching and sucking up once people started receiving money from the Twitter monetization scheme. He quickly subscribed to Twitter Blue which he said he would not and revealed his character as an individual, much like Saint Aisha Yesufu with questionable wealth. If these two get offered an appointment by Tinubu, it will not be surprising to see them change like a chameleon It's worrisome that individuals like these are the head boy and head girl of a zombie movement. |
Advice to Tinubu: Just like the UK after Brexit, Nigeria must establish terms of operation that would compel platforms like Twitter and Facebook to open offices in Nigeria, tax them, and subject them to rigorous regulations to the benefit of Nigeria and Nigerians. Part of this regulatory framework must include restrictions on individuals found using these platforms to incite violence, defame others, bully, or commit treasonable offenses. It is unbelievable that individuals like David Hundeyin can post unverified secret military information that could potentially lead to war without any consequences. The epic level of Defamation of individuals and demarketing of Nigeria is unbelievable. Such can never happen in Europe, US and and you dear not try it in China, Saudi or UAE against your own country. |
Enu Po. This guy get mouth Nigerian Army should draft FFK and put him in front to lead. He can inspire with words and give a rallying speech |
GExcess:Primitive fellows are still better as they live freely and drink happily |
A new solar panel that can generate power from raindrops has been invented. Now there are solar panels that can generate electricity in any kind of weather. How about subsidising the price of solar panels. That will remove the burden on the national grid and with million of houses using solar panels, that will actually add to the national grid. Nigerians should also switch to Electric vehicles. Free energy is a reality https://www.independent.co.uk/tech/solar-panel-electricity-rain-china-b2379404.html |
Congrats Chef Dammy! |
Brave girl in a dog-eat-dog world She almost got away with it like most successful people in the world do. |
Innoson Vehicles Withdraws Scholarship from Miss Joy Mmesoma Ejikeme Following UTME Score Manipulation.https://twitter.com/innosonvehicles/status/1677676598043058176
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lexylaw40:Maybe the Israelites built the Pyramids like the Igbos build Lagos |
This world is full of mysteries There are claims that Oduduwa originated from Egypt and it is said that Yoruba people migrated out of the expanding desert to reach the fertile land on the Atlantic coast. On the other hand, several Igbos practice the Jewish religion and some Igbos claim Jewish Israelite ancestry DNA analysis reveals traces of ancient Egypt in the Yoruba population, and similarities between Yoruba and Benin artifacts and Egyptian artifacts further strengthen the connection. The presence of many Igbos in Yoruba communities like Lagos in Nigeria draws a parallel to the Israelites living in Egypt. The Igbos thriving in business also draws similarities to the Isrelites thriving in Egypt despite their marginalisation in society The strong agitation by Igbo Biafrans to secede from Nigeria reflects the desire for independence, similar to the Israelites' longing for freedom. The Biafra war, led by Ojukwu, was sparked by broken agreements, resembling Pharaoh's change of heart about letting the Jews leave Egypt. These revelations challenge traditional narratives and invite us to embrace a shared heritage and interconnectedness beyond geographical boundaries. The more you know the less you know |
Cat no dey for house rat don become king |
The Naira is flying o.. bring out Emefiele and beg him |
They had student loans that far back but made their children suffer |
xjiggy:Then the government pays. |
The Guarantor requirement should be removed Government should be the guarantor so no need for such If the employer will deduct 10 percent then there is no need |
Good luck to her Picking beans is tasking and part of the cooking process |
EXCLUSIVE: Nigeria Customs Service To Grill 12 Officers Allegedly Involved In Petrol Smuggling Business To Cameroon, Chad, Other African Countrieshttps://saharareporters.com/2023/06/10/exclusive-nigeria-customs-service-grill-12-officers-allegedly-involved-petrol-smuggling |
The more you know |
Emefile was used by Buhari and co Didn't they appoint Aisha Buhari's brother to mint Naira notes? One cannot be guilty without the other |
SangoOlukosoOba:Absolutely A bunch of alleged thieves who are stakeholders went for the launch. Big men who have occupied political positions in the past and others who are connected to banks and have given themselves bad loans with which they buy shares in Dangote Refinery |
During the launching of the Dangote Refinery Dangote praised Emefiele saying that he was the biggest supporter of the project He said that Emefiele had visited the site the most during construction even more than himself(Dangote). This is almost like someone building a house who frequents the construction site. If this is the case, an investigation should be carried out Dangote refinery could have been mostly funded by Nigeria's money and hence should belong to Nigerians. Dangote should have suffered a reduction in his net worth as Naira fell due to the bad CBN policies thereby affecting his ability to fund the project. However, knowing how bad the government is at running anything they should just leave it for Dangote and provide cheap refined oil to Nigerians as unintentional investors Changing the Fuel Subsidy to Investor status or Literally paying every Nigerian monthly into their bank account a form of Universal Credit from proceed of sales the like of which is done in Saudi Arabia and Qatar |
Well done ✔️ |
Name appropriately. Why not Something like M25 Road, A2 Road Instead of reminding people about certain individuals. Stupid glorification |
Yes |
tollyboy5:All those tribes you mentioned are Yoruba tribes, so by extension, Lagos belongs to Yoruba people plain and simple Just like Anambra and Enugu belongs to Igbo people without contest from other tribes. |
This is an excellent development to encourage other regions and develop Nigeria as a whole Maybe later the barrier can be removed |
From City Boy to Star Boy |
