₦airaland Forum

Kyase:
Do you think restructuring would work?
It might work for some region but some region won’t find it easy( talking about my region and state) Na die we go die

I believe this system of government will work with little tweaking if the right person is up there. But the question now is, who’s the right person?

Kalu is more of a OBJ guy and I don’t think he will asslick any Fulani but it’s a different ball game with gov Hope

As for OBi, I think something can still happen in the opposition, you never can tell

God help us in this country

Kyase:
That’s the problem every region is supporting their leaders even bad or good for the presidency but here you are castigating your own to prove what, I don’t know
What’s your game plan you want the ticket but you won’t support those that are capable of securing the ticket
Beebeeóoh what’s happening down there
Me I’m even confuse

incogni2o:
Pls separate your essay into paragraphs

HolyStriker:
If you want your demolished, paint it Biafra color

BKayy:
Shameless Man. Na for woman body them dey see una.

That was why when your fellow Biafran men were fighting you Terrorists in the front lines, You Coward Nigerians were busy starving women and Children.

If they ask the two sides to show their legacy in the Biafran war,
Biafrans will show pictures of their bravery in front lines while Coward Nigeria show pictures of starved Biafran women and Children.

Esseite:
Can a president be paid off?

helinues:
Then stop bugging us about leaving Nigeria for Buhari..

helinues:
Better. Then what are you waiting for?

Kyase:
So you wan waka leave me with those men abi

Kyase:
Aswear because I remember I celebrate birthday two times this year and another one dey come again the months dey repeat themselves
Nawaoo

helinues:
Travelling out of Nigeria is easy now. You can take direct bus from Oyigbo to Spain and Italy.. That I am sure of

Kyase:
How that side who wan come fort na
I just dey wait

Kyase:
Me I come dey reason like say that man dey do 3rd without us knowing sef
I wonder why the years no run

Kyase:
Nothing Nothing
I just tire for the man
And Na professor ooo

Kyase:
Abeg oo small small
We go dey alright las las Na next year remain

Kyase:
Talking no he crime yes, but na same talk Miyatti allah dey do wey e be crime just watch out and see if anybody from south west becomes president Na that time you go know say Afenifere and Miyatti allah na same cousins

As for osibanjo he’s the man Behind the inflation in the country, the dude is handling the economy and see where we dey now
Men don dey watch weight

nairavsdollars:
which one of them has affidavit

Kyase:
I be pastor for that side sha
I prefer making those promise of buying bridges in onitsha

Kyase:
wetin I do na

Imagine Wetin this man dey talk here

Kyase:
Osibanjo don turn full time politician
The way south west dey sell am now ehn
As if no be Buhari deputy again
Osibanjo won’t do any different from Buhari

Kyase:
Lol
You dey fine sir
Just dey usual
Boring life

Kyase:
ThisAfenifere People too dey feel theirselves abeg
Yoruba version of Miyatti allah

Kyase:

Continue I just dey watch you

The Federal Government has said that it spent N2.89tn on debt servicing between January and August.

The Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed this during the public presentation and breakdown of the highlights of the 2022 appropriation bill held in Abuja on Friday.

According to Minister, in the first seven months of the year, total expenditure made by the government stood at N8.14tn out of which N2.88tn was utilised for debt servicing, N2.75tn was spent on overhead cost, while N1.75tn was expended on capital projects.

On revenue, she said that the government generated a total of N3.9tn comprising, Company income tax of N547.5bn; Value added Tax collections of N235.7bn, customs collections of N338.6bn and other revenues which amounted to N1.7tn.

With a debt servicing cost of N2.89tn and total revenue of N3.9tn, the federal government spent about N74 per cent of its revenue on debt servicing within the review period.

Zainab said, “For the 2021 performance, between January and August, revenue generated was N3.93tn which was 73 per cent of the prorated target. Out of this amount, CIT and VAT collections were N547.5bn and N235.7bn respectively representing 121 percent in the case of CIT and 148 per cent in the case of VAT of the prorated target.

“Custom collections 338.6bn represents 99 per cent of prorated target. Other revenues amounting to N1.7tn of which the federal government independent revenue of N691.36bn while GEOs revenue was N873.5bn.

“On the expenditure side, N8.14tn representing 84 per cent of the N9.71tn prorated expenditure from January to August has been spent.

“This performance includes expenditure estimates of Government Owned Enterprises (GEOs) but doesn’t include project tied loans

“Of the expenditure, N2.89tn was utilized for debt servicing, while N2.57tn was utilised for personnel cost including pension and gratuities. As at the end of August, N1.75tn has been expended for capital projects, of this amount, N1.723tn represents 81 per cent of the aggregate provision for Ministries Department Agencies’ capital prorated, while N36.01bn is expenditure from GEOs.

“So the story here is that the revenue performance aggregate is 73 per cent but the fact is that the non-oil revenue performing very well above the target, while the oil and gas revenue is lagging.

She added that the government borrowed the sum of N3.65tn between January and August to finance its N4.3tn fiscal deficit. The rest of the deficit was covered by proceeds from the sales of government assets through the privatisation process and a drawdown of bilateral and multilateral tied loans.

“As at August we had a fiscal deficit of N4.29tn, this is against the prorated target of N4.61tn and we financed this deficit by utilization of N136.77bn from proceeds of the sales of government assets through the privatisation process, also by drawdown of bilateral and multilateral tied loans in the sum of N473.12bn and new borrowings of N3.65tn from both domestic and foreign sources,” she said.

Kyase:
hahahahaha boss boss are you speaking out of experience?