₦airaland Forum

Powersurge:
I really wish there's a platform where people can debate. I would have loved to see you prove your logic.

But since we are in q virtual world. It is well.

I have explained this before...

https://www.nairaland.com/8520044/apc-national-chairman-yilwatda-yet/1#136816543

If you need further explanation, you can request and I will gladly do it...

ufotunang:
.. which kind remit to the council.? the agberos pocket the money

It is still the council that allow the agberos operate there

Image123:
Do salaries also have a so called dollar value? Who gives this dollar value?

Yes, because the naira has a dollar value

My own major issue with this coastal highway fraud is the timing and priority, like, look at all the problems Nigeria is facing today then Tinubu decides to spend trillions that the government itself does not even know the exact total estimate and when the contract will end.

is this among the topmost priority in Nigeria as at today?

Ttalk:
No, non oil receipts are calculated in Naira, in fact there is no any revenue or expenditure in Nigeria budget that is not appropriate in Naira

yes, but to know the real value of that revenue, you convert it to dollars...

Ttalk:
Where is the dollar value in the budget? You don't know that it is illegal for government to prepare it budget using dollar as currency

No one is saying it is official but the budget is still eventually valued in dollars to know the real value, same way the naira is value in dollars to know its real value even the GDP of Nigeria is valued in dollars to know its real value...

Image123:
The FAAC is calculated and paid in naira.

But has a dollar value which I presented

Image123:
Good job, i avoid foo lish questions.

Foolish question ? abi you always avoid the truth..,

I know you well well

Image123:
You lost me here, or na me lost you.

If you have a problem with the FAAC calcu;lated in dollars because we don't spend in dollars, why is the value of naira always calculated in dollars by your FG, CBN and even you?

Image123:
Budgets are not calculated in dollars, whatever that means. Crude oil which is a major revenue generator is benchmarked in dollars. Lord Jesus. Why send such ignorance my way, Lord?

The are still calculated based on the crude oil prices in dollars...

Image123:
You must know, seems to be your purpose in life.

it is tribalism na, nothing else , God almighty has the best purpose for me not from your own opinion...

The Oluwole president and his patch patch economic team sha

Image123:
Keep asking. i exposed your flawed arguments already on the FAAC.

Your budget and benchmark for the year is calculated in dollars, your GDP is also calculated in dollars but you are trying to tell me that the FAAC sharing should not also be calculated in dollars

Image123:
Lolz, expired gaslighting. The majority of governors, senators, rep members and millions of Nigerians are supporting Tinubu, but Ola and other yoruba sounding names must be supporting him because he's yoruba.
Supporting Tinubu is not cultism, he can be questioned and criticized. Plus, he's not responsible for the so called genocide, criminals are. Pick your argument.

Governors and politicians are supporting Tinubu for money and power, what is Ola and other Yoruba sounding names supporting him for?

Image123:
Shifting the goal post, are you?
i asked you a question, and next thing you claimed that i admitted something. Imagine me then answering a deflection.

I asked you that question for a reason, Nigeria GDP is usually based in what currency?

Image123:
We're talking about FAAC which is naira and shared in naira. You're the one trying hard to make it about dollars. i showed you the reality but you refused to apply critical thinking.
Your governors are eternally grateful and blushing at their new found good fortune with Tinubu. You are online postulating about imaginary dollars.

If I may ask, what the GDP of Nigeria?

Image123:
Are government employees paid in dollars or why do you need/hope so much to spend in dollars? Nigeria's recurrent expenditure has been known for long to gulp the most of spending. Pray, tell, is it in dollars?

Are we talking about government employees or government's earning and spending which you admitted is in dollars...

Mrchippychappy:
People just lost their lives and na smiley face you dey write with? Nigeria has truly gone to the dogs

That's how terrible these guys are, it just tells you the type of person they supported to become president

OBAJESU:
BRENDANIEL or whatever is your name, stop POLITICIZING EVERYTHING....

I AM SORRY YOUR CANDIDATE LOST THE LAST GENERAL ELECTIONS. BUT QUIT CRYING AND WAKE UP!

The immediate people in Kaduna are to blame first: Governor Uba, senators, reps, state reps, all traditional leaders, elders, before you carry your tears reach Abuja!

Lives are being lost, and you are crying over your defeated 'messiah' Obi.

This is not politicking, Tinubu should do his work or get out of that office....

Teenaira:
Rest in peace to the deceased.

Can you please advise the northerners backing this political killings to stop. They have killed enough human beings already.

Was it the same advise Tinubu gave them when he was in opposition?

It is well

12 more characters not needed for now

Tinubu's presidency is costing Nigeria too much blood, why would a man be using his ambition to play politics with people's lives, if you are a Tinubu supporter reading this news and you are still supporting Tinubu, you are a wicked and heartless person.

May their souls rest in peace and may peace be restored to their communities, May the kidnapped be returned safe and sound and may the injured recover quickly.

asfrank:
Before coming to this conclusion, did you factor in that the USD was pegged by the CBN? There was a clear disparity between the real Dollar value and what the CBN was giving out from the official channels.

So your analysis is not accurate in my opinion

The federal government receive all their earning using the CBN official rate and they send the same using the same CBN official rate both In BUhari's regime and Tinubu's regime and that is what I used there to calculate it, are you trying to say the federal government official rate is not valid or was not used by the governments of Buhari and Tinubu for earnings, budgeting and spending?

Image123:
Errm because we earn in dollars.

Good, that means your government indirectly spends in dollars, so every money shared and spent by the government should also be revealed in dollars so that people know the real value of what the government is earning and spending which is partly what I have just done there....

Image123:
In dollars, not in naira. In Nigeria, we spend naira. Our state governments pay salaries and do projects mostly in naira. Meaning they have had more than enough change to spare since Tinubu. They severally attest to this.
For instance my state paid 100billion salaries when they received 150billion. Now, they are receiving more than 300billion. You can bet they didn't double salaries which is usually their main expense.

And yet your government uses benchmark in dollars to setup and estimate your budget...

Image123:
Were we getting close to 700billion steadily monthly?

You don't still get the point, Tinubu has done 2 trillion , the problem is 700 billion in Buhari's time has more value than the 2 trillion Tinubu is doing now

Image123:
Lol, you conveniently forgot to think yearly or quarterly, make we check something.

this calculation is for monthly

I explained something this morning:

Under Buhari, FG shared in a single month as much as 700 billion naira at its peak , when converted to dollars that translates to about 1.5 billion dollars at the time, now in Tinubu's administration, the highest he has shared in a single month is about 2 trillion and that translates to just about 1.3 billion dollars, the screenshots are all there(CBN official rates where used for both calculations)

You can see from the analysis that Tinubu has not done anything better than Buhari infact he has even done worse, and who are the people paying for his nonsense, the citizens, imagine removing subsidy, then increasing money that he has devalued beyond Buhari's time to give to state that cannot do what could be done during Buhari's time and still borrowing recklessly and still taxing the citizens more than Buhari and still taking more loans like the country is completely broke...

At who's expense? the citizens, What is really annoying me about Tinubu's presidency is the fact that the man is busy destroying the country for his personal gains and blame is been thrown to other people, or he is being praised for doing better than what his predecessors did when in reality the reverse is the case.

DesChyko:
As crazy as this sounds, I won't put it beyond this lazy government to do that. However, what normal governments do is to give us a tax calculator where we will input our earnings and exemptions, then obtain the amount we should file as our tax. We will compare this with their expectations, then defend any deficits on our part with proof. They have the resources to go after tax evaders if they so will.

Making automatic withdrawals from people's accounts is outrightly fraudulent.

Well, i feel that's what they are about to do, for them to say that even bandits and terrorists will pay rax for ransoms received, which bandit and terrorist will go and file his ransom profit to pay his tax?

They already plan taking it forcefully from the bandits account once the money hits his accounts like account bandits...

That's what it looks like to me...

Or ask yourself how they plan to prosecute a bandit who doesn't pay his tax when they haven't prosecuted him for banditry but they are bragging already that they will collect tax from bandits?

fergie001:
The President has said it, the Governor's have confirmed it.

Fair enough, Tinubu is 101% our problem, Goodluck removing him.

They all said that to please him knowing the kind of person he is, even Buhari had governors challenging him and got away with it, not Tinubu, they know who he is, he used Fubara as example to all of them.

Tinubu does not believe in having opposition, that's why Lagos is the way it is and he is doing the same in Nigeria now...

For me I have removed mind from Nigeria, almost everything you see me doing here is geared towards dividing Nigeria while also advocating for better governance till the country is divided, I used to be a strong advocate for 1 Nigeria, I even supported Buhari in 2015, hated MNK but today, no....


Buhari and Tinubu's presidency exposed why Nigeria should not be one....

fergie001:
Two truths can co-exist, we don't have Governors, simple and short.
Don't put every blame on Tinubu, he has given Governors X2 what they got under Buhari, what different things have they done? Never in the history of this country are Governors getting what they get now, any improvement(s)?

And we don't have a president, to debunk your more allocation claim, I will give you a break down...

Under Buhari, he shared as much as 700 billion naira, when converted to dollars that translates to about 1.5 billion dollars at the time, now in Tinubu's administration, the highest he has shared is about 2 trillion and that translates to just about 1.3 billion dollars, the screenshots are all there(CBN official rates where used for both calculations)

You can see from the analysis that Tinubu has not done anything better than Buhari infact he has even done worse, and who are the people paying for his nonsense, the citizens, imagine removing subsidy, then increasing money that he has devalued beyond Buhari's time to give to state that cannot do what could be done during Buhari's time and still borrowing recklessly and still taxing the citizens more than Buhari and still taking more loans like the country is completely broke...

At who's expense? the citizens, What is really annoying me about Tinubu's presidency is the fact that the man is busy destroying the country for his personal gains and blame is been thrown to other people, or he is being praised for doing better than what his predecessors did when in reality the reverse is the case.

All what Tinubu does is politics, everything to him is politics, the very same thing he did in Lagos is what he is replicating here, first thing he thinks of once he gets into office is to expand his structure then wipe off opposition, he believes in taking from the people to build and run his structure, how?

When he came in as Lagos governor, he started creating local governments, increased taxation in Lagos both legal and illegal, to run all that structure at whose expense? Lagosians, making it very hard for any opposition to take over the state.

Can't you see it is the same thing he is doing now at the federal level, the same tax and all the subsidy removal and so on, creation of new agencies, commissions and so on, all what he is doing is expand his structure, he doesn't care about the citizens, they are the ones paying for it...


he knows these governors are corrupt, so provide more money for them to get their loyalty and if anyone refuses, give him the Fubara treatment, Tinubu doesn't play politics he plays state capture...


I don't know how you people see him, but Tinubu is a wicked, heartless soulless being, He doesn't mind sacrificing the whole Nigeria for his ambition, he doesn't believe in fairness, he doesn't believe in equity, he is like a drug lord, if you think he has any plan for Nigeria, you will be heavily disappointed..

Read this article and ask yourself if Nigeria was your family company if you will saying this type of thing about Tinubu, for me i won't lie to you I've given up on the unity of Nigeria mainly because of the Yorubas( I'm sorry to say) , Tinubu's presidency exposed a whole lot to me I never though even existed, even if Peter Obi becomes president today, I will still seek the dissolution of Nigeria

I noticed it is hard for an average Yoruba man to see Tinubu for who he really is, his intentions or the gravity of the kind of evil he has done to Nigerians and Nigeria for his ambition, I'm not blaming all Yorubas but I think it is on a large scale....

It is as if to an average Yoruba man, Tinubu ambition supersedes the very life of all Nigerians, It's as if I'm still dreaming that someone can be this wicked, heartless, self centered and still have support or downplay it to politics while lives are being destroyed.

Even Buhari was not this heartless

I'm just telling you my mind as a human being, not even as a Nigerian or Igbo man. I ask myself is this what Nigeria is about? When is this going to end with such ideologies?

https://www.nairaland.com/7802865/only-tinubu-supporters-saw-nigeria

fergie001:
@Brendaniel, I mentioned you here for a reason.

It doesn't still change my point that the president matters more than the governors, if the presidents under PDP behaved like Tinubu when he was in opposition, there is a very high chance he will not be president today even with Buhari, If you want to know Tinubu's style of politics then look at Lagos, if OBJ behaved like him and declared state of emergency then and removed him when he had issues with him, you think he might be president today?