AloyalNigerian's Posts
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StRichard:I saw what u did there . Lol |
ogajaki:How much is the TOKEN? |
Most of the clients I work find it comfortable sending payments through PayPal. Well, as we all know, PayPal already blocked Nigerians from receiving payment through their platform. I would like you all to recommend a sincere and honest person with a PayPal account I can use. Please, I don't want scammers biko. |
Hope no life was lost? Desperate mofos. Some of us need to step into the political ring and sanitize it. Useless folks. |
goslowgoslow:I give up. |
StupidInyamiri:Lol. You know what it sounds like to me? It's just like you are saying; "we will rig the election if it comes to that". Else, you wouldn't be so sure my vote won't count. |
Dannyset:We are talking about National security here, and all you could think of is this. besides, wait for Atiku's own. |
StupidInyamiri: ![]() Firstly, my vote counts. Secondly, I have keen interest in politics, so I will make sure things go on well, at least in my ward. Does your vote count? |
StupidInyamiri:Excuse me sir, I have my PVC. |
rottennaija:That's a lie. He proposed something different entirely. |
Nltaliban:Yes. They better start the campaign and coalition immediately after the elections this year. I'm so so glad. 2023 will be very different. But I'm scared of this zoning stuff, but till then sha |
Reminds me of Stomach Infrastructure ![]() |
HeWrites:OK bro. |
Goodday everyone. Recently, I've been trying to acquire a new skill by taking courses online on Digital marketing. To practise what I'm learning, I need a website. I can build one by myself using WordPress but I'm stucked with the kind of free themes available there. I really need anyone to help me with a premium theme. I will be forever grateful. Thanks in anticipation. |
drakeli:Lol. Okay o. Anybody but Buhari. |
I pray they grant him visa. At least, the 'Atiku can't go to the US' noise will reduce. |
Offpoint:Thanks sir |
Offpoint:I'm not capable of that now |
Hello everyone. I want to teach myself graphics design but I don't really know how to start. Please, tell me the softwares and other packages I need and how to go about it. Thanks in advance. |
slightlyMad:I read somewhere that he isn't planning to outrightly sell NNPC but he's gonna take it public to make it more accountable. |
[quote author= post=72780002]HOW THE COUNTRY CAN PAY MINIMUM WAGE COMFORTABLY.......... 1. Abolish SECURITY VOTE in NIGERIA. Nigeria will pay N45,000 minimum wage comfortably. 2. a) Abolish CONSTITUENCY PROJECT FUNDS b) Reduce no of ADVISERS to SENATE PRES(2), HOUSE SPEAKER(2), GOVs(4), PRESIDENT(5), VP(2) c) Reduce current ALL Political Office Holders PAY CHEQUES by 51.5%, without exception d) Do away with special remuneration to POLITICAL ADVISERS & PUBLIC SERVANTS eg; Purchase of Private Vehicles, Houses, granting Govt paid Vacations, paying for 1st & Business Class Transportations, etc, etc... e) Abolish payment of OVERSEAS MEDICAL BILLS for Political Office Holders f) Eliminate PRIVATE PRACTICE in public workforce g) Eliminate participation of Public Workforce in Partisan Politics h) Institute EMPLOYMENT BY MERIT, and eliminate UNDEREMPLOYMENT i) Review and eliminate allocation of Govt paid POLITICAL AIDES & SUPPORT STAFF to Political Office Holders. With (1) + (2) Nigeria would pay a minimum wage of N65,000 comfortably 3. Move Nigeria MORE to Private Sector Driven Economy a) Privatise ALL of Federal Govt PARASTATALS & reduce Federal Direct Funded AGENCIES to 68% of the present. b) Privatise ALL of STATE Govt PARASTATALS & reduce State Direct Funded AGENCIES to 19% of the present. c) Reduce current DIRECT LABOUR JOB participation by 49% d) Encourage more Working Hours until Nigerian economic stabilizes e) Discourage UNIONISM in Public Workforce With (1) + (2) + (3), Nigeria would pay a minimum wage of N101,500 comfortably. 4) Institute DEATH PENALTY to proven THEFT OF PUBLIC FUNDS no matter how little, and LIFE Jail Sentences for COLLABORATORS. With (1) + (2) + (3) & (4), Nigeria would pay a minimum wage of N203,500 comfortably. GOD BLESS NIGERIA [/quote]You just earned my respect. Tho I'm not a Buhari fan. |
Fkforyou:You don't understand. Trump has said so many demeaning things gs about women. Like, He enjoys grabbing women by the pu**y. Do u understand d concept now? Despite all, GOP still had a great outing. |
FortifiedCity:The exact same thing I told a friend. But I sincerely and honestly hope he proves me wrong. |
We are getting queries on the statement by the Vice President that public debt stock rose by $10bn. Due to our recent work on expanding public debt, we will like to clarify. The current rise of $10bn in public debt stock does NOT tell the full story. It can be MISLEADING. We have seen arguments explaining that the entire Federation borrowed only N3tn in three years since the debt stock rose by $10bn. It is important to deconstruct the FG debt into EXTERNAL and DOMESTIC debt to get a full understanding for purposes of accountability. Please note that FG Debt Stock = External Debt + Domestic Debt. We will add links for private verification. DMO figures showed that FG EXTERNAL debt alone grew from $7.34bn in June 2015 to $17.83bn in June 2018, that’s an additional $10.49bn in 3 years. This is FG EXTERNAL DEBT ONLY. Let’s consider FG domestic debt. LINKS June 2015: dmo.gov.ng/debt-profile/s… #AskQuestions June 2018 Link: dmo.gov.ng/debt-profile/s… DOMESTIC debt of FG as at June 2015 was N8.39tn while it stood at N12.15tn as at June 2018. That’s another increase of N3.76tn in 3 years. At an exchange rate of N305/$, that’s $12bn. This means the total increase in EXTERNAL and DOMESTIC debt is $22bn. June 2015: dmo.gov.ng/debt-profile/d… June 2018: dmo.gov.ng/debt-profile/d… It is a public knowledge that the Naira was DEVALUED in recent years, and this act shrunk and expanded a lot of indexes. Those who put forward $10bn are comparing the wrong values without adding the important information that exchange rates for the times are different. Public Debt Stock June 2015: dmo.gov.ng/debt-profile/t… Public Debt Stock 2018: dmo.gov.ng/debt-profile/t… NOTE: The Exchange rate changed. NOTE: The Exchange rate of $ to 305.70 was used in converting the DOMESTIC debts to USD. In our observation, this administration (FG alone) borrowed $22bn in three years but due to naira devaluation GAINS, total public debt stock (for the entire Federation) increased by $10bn, which makes current claims TRUE. We advise citizens to analyze data by properly checking public websites. However, it is true that public debt is now $63bn, grew by $10bn, because FG domestic debt in USD terms was $42.63bn in June 2015 and $39.75bn as at June 2018. This does not mean that FG borrowed less DOMESTIC debt in 3 years. As we have shown above, the domestic debt of FGN grew from N8.39tn to N12.15tn from 2015 to 2018 respectively. DEVALUING exchange rate from N196.95/$ to N305.7/$ made the domestic debt in 2018 relatively SMALLER in USD terms. SCENARIO: It is like borrowing N1,000 in 2015 which is $5 at N200/$. If you borrow additional N500 at a new exchange rate of N300/$, you now owe N1,500 but you still owe an equivalent of $5. Looking at the table above showed that Naira equivalent of the total debt has risen from N12.1tn to N22.4tn, a growth of N10.3tn. It is important to classify debt into two categories considering that external debt will be paid in USD or other currencies while domestic debt will be settled in Naira. This also has IMPLICATION for debt SERVICING costs in the near term. We also hope this “MARGINAL” increase in debt in USD terms does not unleash excessive borrowing by the Federation considering that public revenue in USD equivalent has also severely Shrunk. Also note that in the graphic above, states’ DOMESTIC debt rose from N1.69tn in June 2015 to N3.477tn in June 2018. Adjusting this for USD also does not tell the full story. States debt costs are deducted in Naira equivalent at prevailing “official” rates. However, devaluation provides adjusted gains especially for monies earned in USD such as oil & gas revenues but losses for those earned in Naira such as CIT & VAT, when converted to USD. We also see that many Nigerians have been on the wrong side of devaluation with income severely shrunk in Naira terms while those who export especially in the non-oil sector have seen relative gains. We do not think acquiring debt is bad but we request more TRANSPARENCY on self-liquidating CAPITAL projects that such borrowings are tied to. We believe Nigeria should expand total revenue to at least meet its recurrent costs, in line with the Fiscal Responsibility Act. A part of our work is to provide more TRANSPARENCY to the numbers, demand ACCOUNTABILITY and seek CLARIFICATION from PUBLIC institutions when necessary. Thanks and Good Morning Nigeria. Source: https://twitter.com/BudgITng/status/1057182823474438144?s=19 |
KlWise:I was confused too ![]() Check well, it's the reflection of the man's leg. |
It shall be well. |
Bidobado1:Abeg, who are the 'you' ? So because I posted what I saw online now makes me a thief? So pathetic. |


