₦airaland Forum

kaydee:
Lol! So if you are as rich as Dangote in the spiritual world,you're rich here too?

kaydee:
We're not talking bout spiritual power here

kaydee:
Hmmmn! Please explain this further!

saaron:
Distraction and diversionary schemes using propaganda is the only tool this govt know how to use to hide their ever increasing incompetence. Which is why Nigerians should never be carried away by sensational corruption stories by buhari's rudderless govt. They are NOT fighting corruption, and they are not willing to fight any corruption in the true sense of the word. What buhari's govt is doing is nothing but mere persecution against perceived political opponents using Corruption as Cloak of cover.

usba:
They wanted evidence they have been given evidence now they complain why did you give them evidence, sorry pathetic losers.

achiever12:
Oluwabash, cover your head in shame. We are tired of hearing what Jonathan did wrong. Can you tell us what Buhari has done right? Don't cover up Buhari's failure by trying to deceive yourself with Jonathan's presumed, baseless sins.

How many electoral promises has Buhari fulfilled? That's what you should be discussing 3 years after you've been elected.

plux4:
What are we supposed to do with dis information, if you really have evidence let EFCC do his work. LIARS.

saaron:
A rudderless govt so willing and eager to spread corruption propaganda against previous administration, yet adamantly unwilling to investigate their own public officials, from World's renowned grass cutter, Buratai Dubai houses, Secret Instalment of Maina, $25 billion NNPC contract fraud, Aso Rock Clinic N3 billion budget, Abba Kyari MTN deal, Foreign exchange scam with CBN and numerous others should never be taken serious.

Frankonuche:
Let not your mouth put you in trouble, the Government has nothing to do with killings anywhere.

Frankonuche:
Stop being stupid!
Thesame man whom you are praising nearly sold you out by looting everything we have in Nigeria.

Frankonuche:
Let not your mouth put you in trouble, the Government has nothing to do with killings anywhere.

GavelSlam:
FFK received 600 million Naira for no apparent reason and he has followership here on Nairaland. Hungry Nigerians o!!

Yet these same hungry Nigerians ask for a better nation.

E no go better for any of his supporters asking for a better Nigeria.


Amen.

FolsTonyby:
I'm actually afraid that they may not pay me for the month which I think is total cheating in my own opinion. And I badly need the Money. Is there anything I can do to let them pay me

Khayri:
Spiritual people tithe. But not churches.
The real tithe is paying your 10% to beggars you see on the road everyday.
Do this and see the amazing outcome.

life2017:
Why I don't fully agree with Bill gates on Nigeria Economic Growth Plan

I consider Bill Gates opinion as opinion base on nice to have which does not conform to the reality on ground in Nigeria.

Human capital development is a good thing. So also is Infrastructural development a good thing. While Bill gates believe human capital should be the priority, the federal govt Economic Recovery Growth Plan believes the most critical thing Nigeria needs now is radical infrastructural development with some level of human capital development alongside. I strongly believe that to grow human capital, u need good economy. The government believe through infrastructural development (good roads, rail way and power) that people will be able to use their individual ability to grow the economy at least in the short to medium term. Human capital as defined by Bill Gates is Education and Health care.

Let's look at it in Nigeria context. There is currently huge unemployment in Nigeria. There is unemployment even among those who went abroad such as UK, US etc to study before returning back to Nigeria. Which means even among few well developed human capital (Well educated youths with good health) in Nigeria, there is lack of opportunity for them to utilize all the resources that have been spent developing their human capital capacity. Even those who are making attempt to use their talents, skills (human capital capacity) to grow the economy are frustrated and made less productive because of poor infrastructure.

America govt with a population of 326 million people spend about 700billion dollars( 210 trillion Naira) a year for their K-12 education. American K 12 is Nigeria primary and secondary school. Nigeria has a population of 200million people. Which means if we are to follow America full step we should be spending 130 trillion Naira a year for only primary and secondary education. America Fed govt spent 3.2 trillion dollars (1000 trillion Naira) on health care. If we are to follow US full step we will need to spend 600trillion naira on health care every year. So by US standard Nigeria needs about 730 trillion naira annually to develop human capital.

Nigeria full annual budget is less than 9 trillion Naira with the actual expected revenue around 6trillion (The extra that made it about 9 trillion is deficit to be borrowed). That is the budget for defence, agriculture, Salaries, health, education etc. if Nigeria is to stop borrowing, stop looting, stop paying civil servant salaries and pension, stop paying army, etc we cannot even achieve 1% of what is required for Human Capital by America standard.

What does that tell us? It means the country is too poor to develop it's human capacity effectively.

What is the way forward? Nigeria like every other poor country must first develop it's economy before it can better fund human capital development. Human capital development cannot be achieved by wishful thinking. it involves huge investment . U need good economy to fund good human capital development. Yes good human capital will help to further develop the economy.

I have strong respect for Bill gates as the richest man in the world for over 22 years ( though sometimes he do come 2nd). Bill gates is rich because of the opportunities that abound in the United state. Bill gates is not an economist.

This issue or debate is like an arguments of Chicken and Egg which came first. No matter how complex the topic may be, some things are clear. You cannot grow Human Capital when the economy is very poor. You cannot grow the economy under very poor infrastructure. and a poor country cannot grow infrastructure when it focuses on consumption. For Nigeria to grow its economy, it will require a lot of sacrifice from both the leaders and the people.

What we need now, is to focus on how to create opportunities for the few well develop human capital we already have. So that they can use their skills and talent to boost the economy, which will further help to develop more sound human capital. The little human capital we have been able to develop over the years are wasting because of lack of opportunities and development. Infrastructure will help to some extent in solving the challenge.


I will also advise the govt to copy south korea as a template for development. South korea govt refused to accept america advise and they rather chosed thier own path. And today it is very successful. In the case of south korea, it is the growth of thier export businesses that lead to growth of human capital capacity. Bill gates does not understand Nigeria reality. Below is UK guardian report on how South Korea grew its economy. I think Nigeria govt should learn from it in their anti corruption fight. We need to convert all corrupt Nigerians with millions and billions to Dangote like South korea did.

Horlartunes:
we are both boys ooo

0monnak0da:
What exams did Bill Gates pass himself.

Bill Gates is not God.

There is a psychological process called PROJECTION which is what is at work here.

You like many people on this thread use the "SCREEN" of the photo to project the story of your own psychology.

Firstly Bill Gates already said where he disagrees with the governent. I happen to agree with him on that one point. However difference of opinion does not imply differene in ability intelligence etc.

Ultimately the job of a minister is a political one and Bill Gates has never been a politician.

Politics has nothing to do with pasing exams and everything to do with being in touch with people. Again here I think the government is out of touch with the people

But can we be spared the Bill Gates Worship,.

Bill Gates is a very rich man off the back of a Government protected monopoly(like Dangote) He has not proven himself in any arena outside IT to qualify him( more than any Nigerian) to speak on what government should do for Nigerians. Sometimes he will get it right and other times not so.

One question instead of doing charity work let him come to Africa and actually try to make money let us see how succesful he can be at that where there is no protection from the government for intellectual property.

Africa needs investment not charity? We need jobs not vaccines.

If he loves us so much let him come and open ranches and Dairy farms let him invest in the power sector. Let him come and do business .

That is what we need from him not handuts