₦airaland Forum

Gbawe:
If you cannot move on from the war then why not completely stay away from others you love to blame for all your woes and vilify 24/7? Is that not what a principled and upright person will do? Is your hypocritical, indoctrinated and one-sided hatred of others one your unprincipled mind switches off conveniently when it is time to benefit from other Nigerians financially and curry favours from them? Worthless hypocrite.

Are you effing stewpid or just blindly arrogant? Who are you to tell someone they can't have their own personal or collective bias when you're obviously not free of bias yourself? You position yourself on the podium of being a yoruba and think that gives you the gumption to play judge over other peoples/tribes internal affairs

Mr warn yourself before I warn you
Your homebase is not speckless but I wouldn't attack yorubas because of you and your type alone so behave yourself before I school you in manners and FYI am not even ibo, am just disgusted by your continuos rubbish

MichaelSokoto:
Leave those insequential NL riffraffs 2 continually rant in their frustration, Baba Iyabo has dealt d final blow on their otuoke clown goon. He's a gonner in d entire North & South west. Let him worry about south east

It is good to see that you're still alive and though I always enjoy putting you in your place, this is a new year and i'll exercise some restraint and not walk roughshod over you yet.....i'll simply goad you into furnishing me with the latest of those freakdictionts you always pop-up with before I tackle you, so what's the latest?









Hope you've registered and hoofprinted all your voting bovines from sokoto to kastina? You know GMB will need every vote he can garner both legitimate and otherwise ;o ;o ;o ;o ;o ;o

Sheggy13:
Don't waste your time on these simpletons. They're born to hate and disrespect other tribes.

The way some of you yorubas feel you are entitled to voice your opinions over everything ibo and any other tribe not hausa/fulani especially the most stupid and crass of opinions is going beyond the realms called annoying and irritating into something else unexplored but very unpalatable and then turn around and lash out at any non-yoruba voicing an opinion on exclusively yoruba matters is.....is...........I comment my reserve for now, but with due respect to every other yoruba that don't delebrately poke fingers into other tribes eyes WHAT THE FURCK ARE YOU GUYS FEELING LIKE DONT TELL ME YOU ARE SOMEHOW THINKING YOURSELVES BETTER THAN OR SUPERIOR TO THEM BECAUSE THAT WILL BE VERY LAUGHABLE

rhymz:
Your analysis is full of scenarios that ignores many factors that have affected and continued to affect oil prices in the international market. The US alone has added 4 million new barrels of crude oil per day to the global market since 2008. (Global crude production is about 75 million barrels per day, so this is significant.)

Up until very recently, however, that US oil boom
had surprisingly little effect on global prices. That's
because, at the exact same time, geopolitical
conflicts were flaring up in key oil regions. There
was a civil war in Libya . Iraq was a mess. The US
and EU slapped oil sanctions on Iran and reduced
its oil exports. Those conflicts took more than 3
million barrels per day off the market.

Fast forward to mid-2014, the dynamics have changed;
1. Conflicts in many of these oil producing countries are beginning to ease out. For instance, In July, Libyan rebels opened two key export terminals, Es Spider and Ras Lanuf, that had been shut down for a year. Libyan exports rose unexpectedly. (They have since fallen again as conflicts have flared up, but that's been offset by rising production from Iraq, which is also getting its oil back online.)

2. With the economic crisis in Europe, reduced demand in Europe and Asia, particularly the slow down in China and Germany, and energy companies in the United States using techniques like fraking and horizontal drilling to extract oil from shale formations in North Dakota and Texas. And even In Canada where energy companies are heating Alberta's gooey oil sands with steam to extract usable crude. All these pointing to the fact the biggest consumers have become the biggest producers and have no need to buy more oil or at least drastically reduce demand, oil prices expectedly came crashing.

3. Unfortunately, even the almighty OPEC's influence has greatly been reduced by market share politics giving these developments. Looking at the jostle for oil market share going on between OPEC's member state, there is very little Nigeria can do as countries like Saudi Arabia, Iran, Iraq, Kuwait and their likes have advantages that countries like Nigeria, Venezuela and even non-member State like Russia do not have:

a. Small population to continue oil funded social programs, welfare packages and subsidies in their countries and keep citizens from protesting.

b. Huge exchange reserve to cushion the effects of low prices to sustain the "price war" for a long period of time as they wait for the cost of the technologies fuelling "tight oil" boom to rise to an unattractive level; might never happen or at least not any time soon.

c. Massive foreign-exchange reserves to finance budget deficits and continue to sustain government plans in these countries. All these luxuries we don't have, fact.

The idea of rallying member state to reduce oil production will only see us cede more market shares to the likes of Saudi Arabia, Iran, Kuwait, Russia and their likes who should have taken the front seat of making such moves but are reluctant because they fear they will lose their share of the already dwindling oil market. Saudi Arabia for instance, argued that even if they cut down production, prices will still fall, and they will lose market share, they pointed out how it did not help them in the 80s when a similar situation happened.

Nigeria can not afford to put itself in the position you are proposing because our national budget is still heavily reliant on that 2.8 million barrels per day you are trying to experiment with in the comfort of your arm chair critiquing. Even Russia that has about 50% of its budget being funded by oil revenue can not afford such an idealistic "price war" now with the US shale oil proponents, that's the truth. The issue here goes beyond oversimplifying dynamics and throwing blames around like you really believe a Buhari government has some superior bargaining antics to force the hands of other member states who also have to face economic backlash and prevailing economic realities in their climes.

Again, the proposal of feeding and giving stipends at this trying times is the most brainless idea ever to be suggested by anyone who is watching what is going on with even strong economies in Europe. APC is playing to the gallery and not coming up with any workable solution, that is the truth, it does not matter how you try to grandstand for them.

When I saw his excuse of a post trying to rationalise the irrational I purposely gave it all the attention it deserved...............none. It is simply laughable selling a proposal which you claim is a certainty with many if's, conjectures and personal opinions on an industry which you know little about and are therefore not qualified to profer opinions about.
Bottom line is, there is a very significant political aspect to the drop in international oil prices which he simply glosses over and the implication being that the U.S and saudi arabia the two biggest deciding nations/factors in current oil pricing regime have their political interests aligned puurrrrrrfectly for now and it suits both of them to have the prices drop for now and unless Nigeria can convince both of them that it is in their interests to have oil prices rise, then whoever is proposing other theories and making conjectures is simply on a fools errand and Nigeria simply doesn't have any measures or tricks up her sleeves that a much bigger oil producing country like Venezuela doesn't have or hasn't attempted recently and to say otherwise and suggest that Buhari is the man to do it is a lot more than misleading, it is also mischievous.
Like I told him earlier, short of abracadabra economics, there is nothing else he can postulate as an answer to explain his grandstanding so as it is, I am still waiting for his answer.

logica:
Huh? If I don't know anything else, you are definitely wrong on this:



http://www.efina.org.ng/about-us/financial-inclusion/

Furthermore, if you are into data mining/databases you should know how difficult it would be to put together records from various institutions without a common unique key. In the US, that common unique key is the SSN.

don't mind the fool, he came here thinking he could just bluster his way through with spurious claims upon spurious claims thinking the entirety of Nairalands populace are dumb sheep looking for guidiance from him the self acclaimed enlightened shepard, when confronted with facts or questions he makes the debate personal to try to make you loose focus of the topic at hand.
Well, newsflash jjphillips with a couple of us on this forum, you're actually going to have to work your brains inside out and for once actually earn the stipends for which you were actually contracted to do this troll's job

jpphilips:
The bold part is exactly what qualifies you for a discussion, since you don't know the basics of what the subject matter is, you should honorably STFU. Dumb soul. people who don't have basic education, people who don't know the four cardinal points of Nigeria will stick their dirty mouths in national discourse because you managed to own a Tecno phone.
Your freedom of speech is no license for buffoonery and I will always remind brainless fat pigs like you where you belong.

When next you see a subject that is way beyond what your IQ can process, just read and move on, where you think you have an opinion, just post an emoticon, hope I am very clear?
If your parents cannot afford school fees, apply for a scholarship.

blah blah blah blah balderdash! Unluckily for you, my IQ and my education outstrips that of both you and your undistinguished ancenstry combined raised to the power of .........ehm, let me not go that far yet seeing as am dealing with a mere fool. Since you believe yourself to have mastered the art of digression, let me steer your reigns and drag your dumbass back into track, you can spew vitriol and invectives all you want but until you do the needed and furnish us with your economic abracadabra, you'll only be further proving yourself to have gone to rut in your senility, stupidity and clueless clueless like your political paymaster, you might also want to take a week off to scrounge for choice words from your dictionary to compose a response but the second i see it, i'll post you a resounding wallop!

Fillibustering empty barrel.

betatalk:
Whose fault? Then why is he seeking re election if he can't perform the primary duty of security. When its good the president is ok and when bad itsnt his fault

Whose fault? Were you paying attention?

How about the national assembly and state government's fault?

betatalk:
Mr. FYI. Do these govs have control over the military or police. Are you the gov of yobe should be commended for repelling the attack on damaturu not the federal govt. Can a gov summon service chiefs in accordance with the constitution

well in a state of emergency military rules apply, in its absence, civilian laws apply, for example, the military cant impose a curfew or temporarily restrict the wearing of the hijab if and when they see fit under this setting, why? Because they are not truly in charge, for that you will need authorisation by the state's legislature and gorvernor and good luck with that and peradventure they even did that it would come too late and boko haram would just change tactics whose coping mechanism the legislature would have to debate on again besides which whatever decisions taken could be challenged in court.
Does this scenario look like one in which the military, police, security agencies and by extension the FG would be able to be on top of given the nature of the conflict being non-conventional?
Bottom line is, boko are rams can adapt faster than the security forces and it isn't the presidency's fault.

closearms:
it baffle me when ppl still think that this bomb blast are from Apc ... they have brians but can't think .. cheap plot from the government to win presidential post by all means ''. enough is enough from this failed government ... war against all the states that he would likly loose #change is the answer.. Vote for chnge vote GMB til 2019 and ahead by his grace ..........

admittedly i don't have brian{s} like you but i do have a brain and it deduced a long time ago that boko are rams=buhari=APC so yes i too think the bombing is politically motivated by APShit to give them an excuse to try to invalidate febuary's result after GEJ wins again
as per your theory that it is the goverments doing would you care to try and convince me? Remember Ihejirika's trouncing of boko haram in borno and subsequent human rights abuse charges against him comes to mind so as an earlier post said . . . . . your northern chickens have come home to roost so live with it.





I would have wanted chnge but alas, i have no idea what it means but if buhari is your idea of change, am sticking with and toughing it out with jonathan

betatalk:
People are dying and you are talking politics. Can't the govt perform its ptimary function of protecting lives and property. SSS and other institutions should perform and stop this childish blame games.

FYI there is no state of emergency anymore so direct your queries to the state governor who is the chief security officer of the state abi does the executive branch of the goverment only refer to the presidency?

Maximillian1:
Abeg which kind whinning dey make person carry bomb..SMH

70 large, long and fat sausage cahonas to ram every tender orifice and to poke and explore every opening in thier anatomies and possibly open new ones(vvf) in an imaginary paradise.
.
.
.
.
.
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Yep! That sums it, though i wonder if the virginity of the cahonas will be relevant to these nubile female islamic terrorist matyrs

lastmessenger:
Please how did you arrive at the figure?

pretend you don't know......he said 2 million ba? I'll take it futher to 30 million or the whole uneducated hausa/fulani population in the north. Feel free to ask me how i arrived at this too

NaijaOptimist:
Soon all these shall be over.

GMB 2015

like we didn't know that GMB is the spiritual father, motivator and instigator of boko haram?
Of course they would stop bombing if he tells them to!!
No vacancy in Aso Rock so let the bombings continue.
It's a case of DogEatDog

jpphilips:
well, you were there in 1997, your father was there when Buhari was chosen, Buhari appointed Akunyili as South East Zonal coordinator, guess Akunyili was a northerner too? why are you angry?
If your family was competent, why were they not appointed? the best of the lot were chosen, stop crying, rat poison is still an option.
Buhari headed PTF not Obj's PTDF, Imagine a soul that know est not the difference think he has an opinion that count for something?
Stop waiting for free e-classes, go and read, dumb soul

Well, my family isn't contesting for the presidency are they? Buhari is and therefore his competence not my family's is the topic worth discussing and if you don't like it, he can either step down or you can go bang your head on some rock ..........your choice. I don't really care either way.
So his choosing akunyilli is his master stroke that you find worthy of mentioning is it? My response to that is uuuuuuuuhhhnnnnnn..............so effing what?
If you have nothing to say on the econotricks of international fuel pricing you might as well shut up and stop pretending you have e-classes you're itching to educate nairalands sheeple with seeing as you're dumber than the rest for whose benefit you're grandstanding.
Bottom line is, you can pull a houdini on them...........just not me wankster!
Also, if being appointed to a post by a corrupt dictatorship like abacha's is the definition of competence, that makes you the incompetent's incompetent seeing as you were not appointed either but since you asked a question prior to the incompetence accusation, I'll hazard a guess and say that will be because me and my father were not hausa/fulani partisans like him........what excuse do you have?



Congratulations on knowing the difference btw PTF and PTDF.........that earns you a cupcake and a pat on the head.

Aura2:
The prof has spoken, those who know are having itchy fingers while the dumb are hiding, make I follow do my own research before some old men go disgrace my generation here, see as this guy give his fellow man JAMB question to answer.
Thunder fire Nigerian Universities

both you and the quoted are both spewing rubish from both sides of your mouths and fillibustering. You claim that there is a way yet you fail to mention one telling us that he knows the solution because he has headed both the NNPC & PTDF which were both political appointments in politically crucial offices that he got in order to execute the policies and agendas of his then paymaster abacha. He didn't get those jobs because he was buhari the technocrat or buhari the oil and gas industry expert, he got those jobs because he was buhari the high ranking hausa/fulani partisan who would unquestioningly do his boss's biding and cross abacha's T's and dot his I's, so forgive me for not buying into your buhari the rainmaker theory because it is to all intents and purposes trash. So your so called proff is doing a houdini on you all and by this i mean "the more you look the less you see" because he seems to be talking a lot but is actually saying nothing. Having said this, i'll like your so called professor to stop grandstanding and mention the miraculous measures that are available to your daft-onomics general, am waiting to have the curtain pulled of my eyes and become wowed by your nostradamic wisdom. Proove my ignorance to me please.....pleeeeeeeaazzz Afterall it is not everyday i get to learn something [b]totally new[\b]

dozzy001:
They've gat clueless supporters and clueless aspirant, am sure he had F9 in economics

the worst part is that they think that they are smart

lastpage:
Exactly, if we are afraid of starting (or dont even want to bother to start at all), when then are we going to get out of these mess?
The whole world is leaving us behind!
Countries like Singapore, Thailand, Malaysia, Taiwan, e.t.c., all started about the same time Nigeria gots its own independence as well.
See where they are now and compare Nigeria to them..... despite the fact that these countries dont have a litre of "Free-Oil" to energize their economy!

Our greatest problem is CORRUPTION (which "Otuoke Professor" said is "mere stealing"!) and ANY PERSON THAT CAN TAME THAT MONSTER IS WELCOMED TO RULE THIS COUNTRY FOR SOME TIME.

Even if a "He-GOAT" can tame corruption in Nigeria, l want that ewu-Goat to rule Nigeria for four years. I dont care whether the Goat is Muslim, Christiam, Igbo, Yoruba or has a PhD in economics.
What l need now is a "strong-minded and disciplined leader".

On detailed analysis, GMB fits that profile far more than Jonathan. Period!
This is why l will chose GMB over Jonathan.
If you replace Jonathan with someone like that Cross River state Governor or Gov. Fashola, then l will chose them over GMB. Its all logic.

Lastpage!

Please remind me, how long has GEJ been ruling? Also remind me, how long did it take to achieve these miracles in singapore? and please tell me iTs 6 years. Also tell me, what was Nigeria's situation economically pre-GEJ and currently and I don't want your personal opinion, I want statistics from say tHe world bank or national beureau of statistics, also tell me, where Nigeria stands on corruption compared to 6 years ago according to transparency international and not trans-sahara-apc reporters.. You might not see enough happening doesn't mean nothing is happening and if GEJ was a military dictator and couldn't appease you in terms of action and what not, then you might have a case but expecting the Presidential arm of the executive (while conveniently putting aside the governors and local government chairmen) to have the solution to every probleM in every nook and cranny is nothing short of ignorant and it would have been funny were it not a serious matter or are you forgetting that even legislators have budgets for constituency projects? But no, the bulk for all the failures rests at the feet of the presidency not just for the past 6 years but for the past 54 years but every success was due to the efforts of everyone outside the presidency incLuding previous leaders ........... How warped is your logic? And it is laughable for you to believe that GMB can selectively (he didn't prosecute his fellow northern oligarchs like shagaRi because he was a fellow hausa/fulani like him) throw people into prisons on accusations of corruption in 2015 (not 1984) in a democracy without due process or keep them there without convicting them in court first...... Wake up from your utopia and please remind me, is blatant nePotism corruption? Face it......democracy itself or the Nigerian version of it will be his undoiNg

sukkot:
whats grandiose about it ? if he gives 100 million poor nigerians 5000 per month, thats only 50 billion naira per month. gej and frog eyes diezani and iweala steal more than that in a day

The stupIdity of you welfarists is quite tasking you Know, where will he generate this N500billioN (not N50billioN) per mOnth from? Or do you think money exists in a vacum? Do you think paper money without any Sureties to back its value up like gold reserve e.t.c has any value? Do you think money can be plucked or created out of thin air simply by willing it to exist? Do you think that the Nigerian economy exists in a Vaccum? Did you even study basic economIcs at school? Because your mathstradamus and ecomastradamus smirks of daftness, crassness and illiteracy or should I say ignorance but don't listen to me, keep it up and you might actually make it into the guinness book of records ignoramus's section........................imagine the clueless calling others clueless? Gosh!

santori:
was the economic woes of Greece and spain attributed to having a social package for its citizenry, tell me what I dont knw, you seems to be uninformed.
let share your analogy, why didn't countries like Germany, France, UK, Australia, Sweden, Norway e.t.c suffer the same faith

for the facts, the economic slump of Greece ans spain is solely attributed to mismanagement of the economy. greece was even was even lampooned for spending a humongous scarce resources hosting the euros some years back

DiD I hEar you say solEly attributed? Common ..... Welfarism is a concpt About spending on the wrong thingS without a viablE economic returN expectEd.........Since you askeD thE queStion, tell me, why isn't germany for example going through sAme Struggles? And yeS welfarism contributed to greece's collApse (the goverment was spending more than they were earning on recurrent expEnditure like salaries, pensions, benefits alone) the cost of hosting the olympics was just the finAl straw on the proverbial camels back and even that made morE economic. Sense via Sports tourism and All though it was a deficit so get your facts right

barcanista:
bros I don't care about any EEC nor their fiscal policies or whatever. What happened in Spain, Greece and co wasn't caused by their welfare program, so many factors contributed to their fall. I'm more concerned about Nigeria but not some eu country. Thanks

And this iS why blind Followership only makes people sheep or sheeple as they say in the U.S. For The unelightened, eec stands for the euRopean economic commission in the eurozonE you should care because folks in southern europe tend to have a more relaxed attitudE to work and tend to elect more socialist orIentEd governmEnt Which campaign on nationalistic and right-winged increaSed welfare and reduced tax platforms, look where thEy Are noW... It iS taking the combined strength of the scandinaviAn members of the eu, germany, france and other nothern europeAn countRieS With a differEnt Attitude to woRk anD Welfare to pRop them from SuffEring the looming catAstRophe so maybe you should care and advice your Gmb because if we shoulD collapse, there is no eu to bail us out.

FolarinLondon:
Sir! you seem to see the whole welfare system from freebies' perspective but it entails a whole lot more which I won't be able to expatiate on right now cos I m using my right hand to battle and carry out unparallel and unrivalled justice to Eba and Ogbono soup here while my left hand jealously looking at my right hand and unhappily typing

I know a whole lot moRe about welfare systems and their struggles than you think I do, there is the american system, the german system, the scandinavian system and. Many more.........they all have their pros and cons, but they have certain things in common among which are, verifiable statistics in term of people, demographics, economic indiCes, academic studies into impact of policies, social security verification, periodic cost/benefit assessment and general economic impact amOng many other things. It will take more than the constitutionally available 8 years available to buhari to make it work in a democratic government plus you havE to factor in politics And not simply assume the power of the presidency is over reaching as the opposition would play their part and oppose case in point being oBamacare anD the gop/republican resistance in congress in america. Simply put, gmb has not Come out To tell uS how AnD he obviousLy assumes smooth sailing. On his jouRney yo elyssium, I choose to see and acknwoledge the many bumps and forks on these pathway including the looming storm on thE horizon..............


Having Said that, enjoy yOur flexing jare bros

FolarinLondon:
Must I equally reel out with microphone Sir, how many capitalist countries that already collapsed, about to and of course collapsing.......

Be Specific and say nominally capitalist countries with unfeasiblE and unsustainable socialist programmes like the one gmb is proposing or do I need a megaphone to shout that out?

santori:
can you mention any first world country without welfare package for the unemployed?

We Are not first world are we? We are not even second world WE Are THIRD WORLD for crying out loud....................... I can mention first world economies with welfare packages, I can also mention failing and struggling facets of Their economies and I can also mention the fact that they don't have unsustainable population explosions like Nigeria with semi-literate and largely unskilled workforce/labour markets. Go figure

Adminisher:
This is N1.5 trillion per year. This is chicken change. The GDP has been rebased to about $650billion even with the devaluation, the black economy in Nigeria is about $350billion. So Nigeria is actually a N180 trillion economy, if you just do a little more in agriculture and collect correct taxes you will achieve this. Even the current government has been thinking of the same thing and that is coming from Iweala herself. The problem is that as usual she has been afraid of what international creditors will say. You can also move a lot of the 'black economy' which is the informal sector more easily into the formal sector by doing this kind of thing. If you don't have a job, get registered and learn a trade then the government pays you and can plan for you. If you get married, you lose the benefits so we don't breed almajiris. If you get a job you automatically lose the the stipend. This will make employers more accountable.All this is commonplace in advanced economies and does not even generate arguments.

The government's N10 trillion a year budget does not even come close to what the whole country is spending or making. Diaspora funds coming from Nigerians broad alone is about $12billion which is about N2 trillion. Imagine that subsidy payments alone to fuel importers rose to N2 trillion recently and most of that was bad accounting.

Where did you get your figures from? stop spewing gibberish. Whn You talk about GDP, you're tAlking about the monetary value of an economy not the actual amount of that economy that accrues to the government in form of taxes and royalties which implies that that amount is available both to the public and privAte financeers to reinvest in that said economy to generate more returns, the part of that gdp the government can influence the polity with is the part that accrues to it and that part should be mostly gotten as a fraction of the returns of the privately accrued portion of the gdp (taxes) which meAns a strong government will be needing a stronger private sector not a dependant private sectoR.

The only wAy gmb cAn partially achieve this proposed farce of his is to print more naira which will lead to inflation and A further devaluation of the naira whiCh defeats thE Whole purpose in the End and no, I didn't read economics, just thought this would be obious for all to see

nduchucks:
If only $1billion per year is used for Buhari's Welfare program, that will amount to $4billion, in his first term.

Nwanne m, I prefer the $4billion used in this manner than to have $4billion paid to subsidy thieves monthly, $1billion given to GEJ cronies in import waivers per year, or $20 - 65billion stolen by NNPC rougues per year.

SAI BUHARI

Like you said "if only" your premises Are based on assumptionS, come back when you have facts

barcanista:
I can bet you you have limitedd understanding of economic system. I laugh at you guys that are arguing blindly. Let me repeat myself, a welfarist state is 200% feasible as long as we have the right fiscal policy in place and it is followed to the letter.

So diD greece, where are they now? What is spain struggling with now? And didn't they have tHe eec to guide their fiscal policy in terms of interest rAtes, spending targets and spending cuts plus the large bale outs they received? Or are you going to tell me that the eec doesn't or didn't mandate the right fiscal policies for them? Are you following? Do you still need me to spell out the obviouS for you?

FolarinLondon:
This mentality of corruption fighting back would only make us to be in a stagnant situation. What is corruption? the moment corruption is defined, trust me brother, measures to fight corruption would be put in place and gradually evolving to a pillar that would eventually bring corruption to its knees.

Nigeria being a mono economy does not mean that there should not be a welfare system in place. What matter is our willingness and determination to put necessary things in place to stop the system from being corrupted.

I have worked with Federal ministry of finance in Abuja before; verification to payroll. And I can tell you that there are things Nigeria government could do about corruption

Nigeria isn't qatar, we are 150million pluS, just won't work. Who is to decide which 25million get the freebies?

[quote author=johnsonjosblespost=29526396]believe me you even die b4 buhari even have time to deal wt ur pple and ur useless oil. After election, ur pple will like to joke wt general ba? Ok, it will take less than 1wk b4 nigerian army go wipe ur generation out. U tink ppls general go tolorate you rodent like how otuoke mumu r sponsoring bh?[/quote]Am from The niger delta so correct me if am wronG, are you calling me and my people Rodents?

Are you or is your gmb going to boldly call me that to my face

I'll like to know where you're from and where you live so that I can come there and have you dare that to my face cretin, unlike you, me and my peeps are not cyber warriors. We know how to bleed for a good cause

FolarinLondon:
As long as recurrent expenditure budget including quasi-fiscal activities and contingent liabilities are well kept and maintained below 25%, they would be fine...................More though

Having that Prof as a VP should be an advantage to Buhari administration if elected or probably ask for my assistance if I would be available though; at your service as a minister of finance( I ll do it for charity and nairaland sake)

It is achievable and could equally be productive in terms of generating employments(Welfare offices in 36 states-Graduates,diploma holders and casual workers). Imagine how many Nigerian graduates that would be taken off LABOUR MARKET.

Welfare package has always been part of government responsibility............. UK, US and other developed countries have welfare systems that are being well managed.

Have you forgotten how many welfare eConomies have collapsed and are on the verge of collapsing in europe and south america? OR do I seriously need to reel out names for you

mako007:
do you have many years of free meal lost $20billion would have done ?

Oya tell us na mathstradamus............and pleAse tell us which $eobillion you're reffering to and don't tell me its the one parroted on newspapers by the APC

EasternLeopard:
You sound like one who didn't understand basic economics during your Secondary School days


Wealth created is better than wealth shared

In wazobia lingo

!!LOBATAN!!
!!CHIKENA!!
!!GBAM!!

temitopeadeyemo:
The Welfare program will cost the govt about 800 million naira monthly. That is less than 20 million dollars oil money missing. Or less than Jonathan's food budget for the year. Are we saying our government cannot afford one billion naira a month to assist the poorest amongst us? It is a programme that is sustainable.

The last time I checked 25,000,000 multiplied by 5,000 was 125,000,000,000 or 125 billion nAirA per month, convert to dollars and comE bAck with A more educated argumEnt, don't forget that oil prices are falling and opec is considering cutting back on production so assuming the money is or will be there is a fallacy