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Politics › Re: The American Oil Boom Won't Last Long At $65 Per Barrel by BlackTechnology: 7:33pm On Dec 03, 2014
atlwireles:
I actually do, and most times even more.
Give me range of your tithe.
Politics › Re: The American Oil Boom Won't Last Long At $65 Per Barrel by BlackTechnology: 7:32pm On Dec 03, 2014
atlwireles:
Seeing is believing, look at Nigerian churches, the opposite is the case.
Don't deceive yourself ooooo


Rich pastors do business outside Church oooo


Show me a wealthy pastor and I will show you a business owner outside Church
Politics › Re: The American Oil Boom Won't Last Long At $65 Per Barrel by BlackTechnology: 7:30pm On Dec 03, 2014
atlwireles:
grin grin grin grin you have to ask FIRS that question.
Do you pay tithes regularly .?
Politics › Re: The American Oil Boom Won't Last Long At $65 Per Barrel by BlackTechnology: 7:28pm On Dec 03, 2014
atlwireles:
If you cannot pay taxes on your 20,000, don't complain about government services. Nigeria will not be built by men from mars. Most of the same people don't have a problem paying their 10% offerings in church.
Hahahahaha


How many Christians pay their tithes regularly


If you go close to pastors and they reveal to you how Christians fail to pay their tithes regularly you will wonder how they survive


Guy people rarely pay tithes.
Politics › Re: The American Oil Boom Won't Last Long At $65 Per Barrel by BlackTechnology: 7:23pm On Dec 03, 2014
atlwireles:
If you cannot pay taxes on your 20,000, don't complain about government services. Nigeria will not be built by men from mars.
Haba

OK

How much do you earn in a month.
Politics › Re: The American Oil Boom Won't Last Long At $65 Per Barrel by BlackTechnology: 7:18pm On Dec 03, 2014
atlwireles:
Germany came out of WW2 penniless, but was a world leader in technology before and during the war. Also the world largest economy at that time opened up its bank account to help refinance the New Germany. But public and private

Nigeria needs about $30 billion yearly in infrastructural spending, to bring our economy into overdrive within the next 10 years. After you exhaust what we have in the reserve now and, you deal with the unintended consequences. Where are you going to get the next $30B. As things are today, we are spending about $10B yearly between states and the federal government in infrastructural spending. Yet most of us don't see or feel it, because it only makes a dent.

We have a $520B economy today, if countries like Kenya, South Africa and Ghana can live with a tax burden of 19%-30%, so can we. Put in place a 20% across the board tax policy in Nigeria, government will generate about $75B yearly, Nigeria will be less affected by oil prices and the future funding of projects will be more certain. No economy grows on a 3% tax collection . Unless your goal is to create a nanny state.
There is nothing wrong in taxing big businesses.


But do you think it is good to tax a person earning #20,000 monthly from his job/business especially in an economy were basic things like housing education and health care are expensive.?

Be realistic with your answer.
Politics › Re: America Is Now Waiting For Nigeria To Collapse! by BlackTechnology: 6:55pm On Dec 03, 2014
Phame:
crisis and criminal go choke for that land of biafra. Thieves, kidnappers go enjoy that land. But b4 then, we go don suffer una well wel. U are going nowhere. Gowon has spoken!
You hate Igbos and yet don't want them to go


Are you sure you are not mentally deranged
Politics › Re: The American Oil Boom Won't Last Long At $65 Per Barrel by BlackTechnology: 6:51pm On Dec 03, 2014
atlwireles:
You have solutions that cost money, yet you are not telling me, how you intend generating all these monies. The only part of the economy that is going to shrink within the next 12 months is the crude oil sector. Manufacturing, farms produce and services will expand by at least 6.5%.

Yet, you seem dead set against taxing the productive sector of the economy, even as you have a list of items, you want to put in place.

Electricity, Roads, rail, and water are basic infrastructure and they cost billions of dollars, how are you going to pay for all theses, without an across the board tax policy.
Good question

But first read the my conclusion which I just added.

Also I am not against tax but I insist the government should stimulate the economy before taxing the economy.


As for your question of how I believe government can finance these things.

We have over $30billion in our reserve. If some of this money can be used prudently, we would breakout in years to come.

Remember

Germany came out of WW2 penniless but prudent economic policies with the aid of the marshal plan helped them recovered quickly .


Just assume we just ended a war and over $30 billion is our Marshall plan fund.
Politics › Re: The American Oil Boom Won't Last Long At $65 Per Barrel by BlackTechnology:
atlwireles:
I want you to lay down policy, as regards to government funding and oil prices and the Nigeria economy in General

How are you going to put more money in people's pocket?

No insults intended.
Thanks for being willing to discuss without insults


Yes you asked a good question about how can we fund our government without depending on oil money.?


Well I agree with you that taxes will play a lot of role but we must first boom the economy before doing that.

These are few things government can do.


1) Find a means to help businesses cut down the cost of doing business which might decrease the cost of their products leaving more money in peoples pockets which will make it easier for people to pay taxes.

2) Find a means to help expand the customer base of businesses by making more money enter into peoples pockets. As businesses see more customers in a competitive economy, they will reduce the cost of their products leaving more money in peoples pockets which will make it easier for people to pay taxes.


HOW CAN POINT (1) BE ACHIEVE

a) Electricity, Roads, rail, and water are basic infrastructure lacking in Nigeria which cost businesses so much to provide themselves.

b) Make available abundance of agricultural, mineral resources and their processed forms. This can be achieved by making sure that at least 20% of every local government or state land is utilized for agriculture. This will transform at least 180000sqkm of our total land mass to agricultural fields.
Place 25% derivation on all natural resources and 50% derivation on all processed natural resources in other to encourage states participation. This will help flood our industrial markets with cheap natural resources or processed natural resources.


HOW TO ACHIEVE POINT (2)


1) Encourage entrepreneurship which is the major factor in business establishment and job creation.

2) Recognize and reward entrepreneurs/ businesses that pays their workers well in order to spur businesses to pay their staff well.

How can we encourage entrepreneurship


a) Making loans available by allowing our most successful macro and micro banks control at most 10% of our foreign reserve to finance only the productive sector of our economy.

b) Tax exempt newly established businesses for 10yrs to enable grow strong which might lead to an increase in the size of manpower they employ.

c) make sure POINT (1 b ) is achieved which will greatly spur and strengthen new businesses.
Politics › Re: The American Oil Boom Won't Last Long At $65 Per Barrel by BlackTechnology: 5:45pm On Dec 03, 2014
atlwireles


Before independence, the British built railways to help transport Arewas groundnuts and cotton.


Because of demand for groundnuts , Arewa farmers made so much money that they were able to buy more foreign goods as well as pay taxes.


Let's create policies and programs that will put money into peoples pockets or reduce the money leaving peoples pockets.
Politics › Re: The American Oil Boom Won't Last Long At $65 Per Barrel by BlackTechnology: 5:38pm On Dec 03, 2014
atlwireles:

How does one create an economic boom? before you can tax it?
Why can one tax the people in Lagos and Potharcourt and not Kano and kaduna?

If you want development, you will learn how to pay for it. Based on your submission here, Nigerians like yourself, are not ready to leave the poverty zone.
Good question


Create policies and programs that will

A) put money into more peoples hands

B) reduce the money leaving peoples pockets.


Comrade let's discuss without insults.
Politics › Re: The American Oil Boom Won't Last Long At $65 Per Barrel by BlackTechnology: 4:37pm On Dec 03, 2014
atlwireles:
if you don't tax the economy where are you going to get the resources to develop the state?
Before taxing the economy , you must cause an economic boom which will make it easier for people and businesses to pay taxes.


For example it is easier to task Lagosians because of high economic activities than On do because of low economic activities.


So boom the economy before taxing the economy.
Politics › Re: The American Oil Boom Won't Last Long At $65 Per Barrel by BlackTechnology: 4:32pm On Dec 03, 2014
atlwireles:
Do you have to export products for your economy to be diversified? I think not.
For us to enjoy an import economy, we must balance our export strength .


Otherwise

We develop an economy that imports little if we want to export little.
Politics › Re: America Is Now Waiting For Nigeria To Collapse! by BlackTechnology: 4:26pm On Dec 03, 2014
LORDI:
being a nigerian is not by force,..if you don't like nigeria please kindly denounce your citizenship,somalia or chad will gladly accept you with open arms.
Deny my ancestral home because of Nigeria.


You are a/an .........................
Politics › Re: America Is Now Waiting For Nigeria To Collapse! by BlackTechnology: 9:16am On Dec 03, 2014
LORDI:
I swear,...who prays for the division of this country,..abi does he think nigeria will break without yet another war?.
Who will fight who.
Politics › Re: America Is Now Waiting For Nigeria To Collapse! by BlackTechnology: 8:57am On Dec 03, 2014
LORDI:
what is wrong with nigerians?,..why why why would you want nigeria breal?
Marriage is not by force.
Politics › Re: America Is Now Waiting For Nigeria To Collapse! by BlackTechnology: 8:55am On Dec 03, 2014
pazienza:
Tell him. With just Coal and Palm oil, Okpara transformed the Eastern region economy to one of the fastest growing economy in the world.

Once free of the toxic influence of Nigeria,we would free ourselves of all Abuja influenced thieves parading themselves as Igbo leaders in a real " Nzogbu Nzogbu Enyimba revolution", and we would get ourselves another Okpara that would take us to where we want to be.
Our brilliant minds will produce world class exportable technologies


We shall become the Japan Germany China of Africa
Politics › Re: America Is Now Waiting For Nigeria To Collapse! by BlackTechnology: 8:43am On Dec 03, 2014
pazienza:
Mutala Muhammad, a mass murderer of Ndiigbo is a your Nigerian National hero, he has his name on the gate way to Nigeria( lagos intl. airport) and his face on the Twenty naira note. You revere him, yet you want to share a country with Ndiigbo, you don't your bloody Nigeria to collapse, what a joke!

It's like Germany making Hitler a German national hero,and still desire to share a country with the jews. Nonsense!
Amala makes them stu pid
Politics › Re: America Is Now Waiting For Nigeria To Collapse! by BlackTechnology: 8:42am On Dec 03, 2014
XXX5:
May the God of Africa not allow our beloved country NIGERIA divide..as for the silly folkz awaiting Biafra, I tell you Biafra CAN NEVER defeat the Nigerian Military...
We need a diversified Economy....even before the discovery of Crude oil, we relied on Agriculture which never failed us...because of our selfish interest that we're in this challenge today nd I tell you all we'll scale through this as a 1 Nation.
Trash

If only Ojukwu had accepted Soviet weapons for oil to counter Britain's support of Nigeria, amala brain like you won't be uttering this nonsense.
Politics › Re: America Is Now Waiting For Nigeria To Collapse! by BlackTechnology: 8:37am On Dec 03, 2014
femicyrus:
The oil producing states that wants Nigeria to break so as to have their oil for themselves alone, how far? Do you still want to break up?
Yes we still want our Biafra.
Politics › Re: Falling Oil Prices: President Jonathan Revealed Nigeria's Response! by BlackTechnology: 8:28am On Dec 03, 2014
msmon:
PRESIDENT Goodluck Jonathan has expressed his
administration’s commitment to developing an economy that works for all Nigerians, stressing the need to shift from over-reliance on crude oil export, especially now that oil price is dropping.

He made the declaration Monday night, while hosting Top 100 Businesses Presidential Dinner,
at the old Banquet Hall of the Presidential Villa, Abuja.

The president said he had, therefore, directed
the Ministry of Industry, Trade and Investment to
work with the Central Bank of Nigeria (CBN) to
implement a comprehensive investment and
trade agenda for the country.

He said the agenda should create local production of goods and services to substitute unnecessary imports, arguing that falling prices of oil was a strong reminder that the country could no longer rely on one commodity as a foreign exchange earner.






http://tribune.com.ng/news/news-headlines/item/23108-how-nigeria-ll-respond-to-falling-oil-price-jonathan
GEJ bleeped up


This is what he should started intensively since 2011

Jona my man, you fall hand.
Politics › Re: The American Oil Boom Won't Last Long At $65 Per Barrel by BlackTechnology: 7:55am On Dec 03, 2014
davitogreat:
It's because nigeria has one of the worst tax frameworks on the planet. Taxes in nigeria only make up 3% of govt revenue. (The average in subsaharan Africa is 9% and the average in the developed world is 30%)
You want to tax an economy filled with lots of poor people and struggling businesses.
Politics › Re: The American Oil Boom Won't Last Long At $65 Per Barrel by BlackTechnology: 7:29am On Dec 03, 2014
atlwireles:
Nigeria is diversified already. Nigerians need to start funding government from other sources. In an economy of $520B, why is crude oil responsible for 80% of government spending.
I disagree with you.


Pls mention other diversified products we export to get dollars.
Politics › Re: The American Oil Boom Won't Last Long At $65 Per Barrel by BlackTechnology: 5:49pm On Dec 02, 2014
Nigeria needs to diversify her sources of foreign currency if she doesn't want to end up like Ghana.
Politics › Re: Needle On Zero: Nigeria's Economy Tanking As U.S. Oil Exports Dry Up by BlackTechnology: 7:42am On Dec 02, 2014
Now that our oil wealth is fast vanishing, can the North now secede cool
Politics › Re: Nigeria Government terminates US Military Training Of Army by BlackTechnology: 7:12am On Dec 02, 2014
aresa:
Who is responsible for your safety and security?

Is the US the only weapons seller in the world?

How much of the $6 billion defence budget made it to other weapons suppliers apart from the US.

It doesn't matter how you spin it, your government is not only lying, they are grossly incompetent and lying to cover their corrupt ways and incompetence.
Don't you think
A picture of Obama's wife holding the hash tag Bring back our girls and yet refusing to sell weapons to us.

Is suspicious.
Politics › Re: Nigeria Government terminates US Military Training Of Army by BlackTechnology: 9:48pm On Dec 01, 2014
aresa:
When was the last time your country bought any war ship and if anything was removed, why not replace it?

Btw, please tell us how much your country paid for the 2 warships. NNS Thunder and NNS Okpabana..
You think you are weakening the present government.

If you care to study history, you would ask yourself these questions

1) Y did US refused to sell us offensive weapons.?

2) If they are scared that the military will lose it to BH, why not give us one to prove their point.

3) If they are scared of human right abuses, why not give us the weapons on an agreement that if we fail to courtmarshal any mad soldier that they will withdraw their help.
Politics › Re: Nigeria Government terminates US Military Training Of Army by BlackTechnology: 8:36pm On Dec 01, 2014
notobs:
You lowlife learn to reason with your head and not your but t? What correlation has the navy in the Atlantic coast of Nigeria has with the land based insurgency in the northern part of the country?
Is Nigerian navy going to fly their warship to sambisa and kano to fight insurgency? You need to go back to school and learn comprehension and basic logic.
Perfect gbam
Politics › Re: Nigeria Government terminates US Military Training Of Army by BlackTechnology: 8:31pm On Dec 01, 2014
all4naija:
Oh, shut up! You need the cerealac or whatever the most because you are the one starving in Africa. We have been hearing of Nigerian military leaving their hardware for Boko Haram fighters and planes falling down from the sky like poisoned birds. Stop blabbing. You are only supporting the fall of Nigeria into a civil war, if care is not taken.
Which civil war and who are the contenders.
Politics › Re: Nigeria Government terminates US Military Training Of Army by BlackTechnology: 8:18pm On Dec 01, 2014
all4naija:
You are the devil without brain here. Let's see how the weapons Nigeria's government buys from Russia and China will help to find solution to Boko Haram case. Did you say hype?! You must be high on some sh*t if not you wouldn't say that sh*t about the best and strongest nation on the planet. You are drunk,dude!
Pls get me cerealac inside a feeding bottle and feed this poster.


Those arms will gain victory for the military.

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