Politics › Re: President Tinubu With World Leaders In Dubai. The Powerful 6 by commoditiesnig(m): 10:01am On Dec 03, 2023 |
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Education › Re: Can Anyone Explain Why Gas Cylinder Comes With A Net by commoditiesnig(m): 9:47pm On Dec 02, 2023 |
FuckingMachine: To attract men to purchase it.
The fishnet on that fat, round mound is reminiscent of those on pornhub actresses. Lol.. 😂 wicked! |
Education › Re: Can Anyone Explain Why Gas Cylinder Comes With A Net by commoditiesnig(m): 9:45pm On Dec 02, 2023 |
Lol.. I was wondering same.. my cylinder and it's net have been together for 10yrs already Ipobpigs2: It acts as a light cushion for the cylinder to prevent scratch and mechanical damage. Good explanation |
Politics › Re: Nigeria Signs Agreement With Siemens To Increase Grid Capacity To 12,000MW by commoditiesnig(m): 9:36pm On Dec 02, 2023 |
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Politics › Re: CBN To Freeze Bank Accounts Without BVN, NIN Starting April 2024 by commoditiesnig(m): 8:39pm On Dec 02, 2023 |
AntiChristian: It wasn't done.
There's a UBA bank account I opened in 2009.
I still get alert every month today without BVN or NIN. You're right on this.. similar experience |
Politics › Re: Troops Kill 52 Terrorists, Arrest ISWAP Leader In Bauchi by commoditiesnig(m): 8:33pm On Dec 02, 2023 |
Good one.. |
Politics › Re: 2024 Budget: FG Allocates N1.32tr For Infrastructure, N2.18tr For Education by commoditiesnig(op): 8:29pm On Dec 02, 2023 |
KeenD: I just pray this administration will be business unusual. You will pity for student if you visit most Nigerian campus. In spite all the big grammar from the past administrations Very true.. I truly feel for our Nigeria students |
Politics › Re: 2024 Budget: FG Allocates N1.32tr For Infrastructure, N2.18tr For Education by commoditiesnig(op): 3:37pm On Dec 02, 2023 |
Good news for the Education sector |
Politics › 2024 Budget: FG Allocates N1.32tr For Infrastructure, N2.18tr For Education by commoditiesnig(op): 3:36pm On Dec 02, 2023 |
https://nairametrics.com/2023/11/30/2024-budget-fg-allocates-n1-32-trillion-for-infrastructure-n2-18-trillion-for-education/The federal government has allocated N1.32 trillion for infrastructure projects across the country and around N2.18 trillion for education in the 2024 budget proposal.
The figure represents 5% and 7.9% for infrastructure and education respectively of the total N27.5 trillion budget proposal.
This is contained in a document from the Budget Office seen by Nairametrics on the breakdown and highlight of the 2024 budget proposal and allocations to critical sectors of the economy.
According to the document, the N1.32 trillion allocated for infrastructure includes projects in works and housing, transport, aviation and water resources.
Nigeria has a huge infrastructure deficit estimated to require around $3 trillion worth of investment to bridge. The federal government in its Reviewed National Integrated Masterplan stated that the country needs investment to the tune of $150 billion annually to meet its infrastructure needs.
The Tinubu administration has hinted at the need to finance the massive infrastructure projects across energy, transport, etc through private capital.
During his maiden press conference, Minister of Finance and Coordinating Minister of the Economy, Wale Edun disclosed the administration’s plan to finance infrastructure through private capital.
Also, President Tinubu during his budget presentation before the National Assembly mooted this decision and plans to use his current trip to Dubai for COP 28 to garner private capital for massive infrastructure projects.
Other critical allocations in the 2024 budget proposal
Other sectoral allocation includes N3.25 trillion for security and defence, N1.33 trillion for health and 2.18 trillion for education.
In total, the federal government allocated 12%, 5% and 7.9% for the security, health and education sector respectively.
The allocation for education falls short of the UNESCO recommendation for developing countries like Nigeria to allocate between 15% and 20% of government expenditure to education.
President Tinubu promised to improve Nigeria’s education sector by putting millions of children back in school and reforming the tertiary education system by creating a sustainable funding model. Already, the President has signed the Student Loan Act into law and stated that the program will commence in January 2024 as N5.5 billion was allocated to it in the 2023 supplementary budget.
A breakdown of the education budget reveals that the Tertiary Education Fund (TETFUND) would get N700 billion, UBE N251.47 billion while the Ministry of Education gets N1.23 trillion inclusive of recurrent and capital expenditure.
For the health sector, the N1.33 trillion proposed allocation comprises N137.21 billion as counterpart funding for donor-supported funds and Gavi Immunisation.
Also, N125.74 billion was allocated as a transfer for basic healthcare provision funds. |
Politics › Re: President Tinubu Didn’t Present Empty Budget Box – Doguwa by commoditiesnig(m): 1:20pm On Dec 02, 2023 |
naptu2: You would know this if you have been watching "From The National Assembly" for more than 20 years (like I have).
Copies of bills and other such documents are printed by the National Assembly and circulated to members. Sometimes senators/members complain that they have not yet got copies of the bill that is being debated and the matter is stood down until everybody has a copy. Noted |
Politics › Re: President Tinubu Didn’t Present Empty Budget Box – Doguwa by commoditiesnig(m): 10:57am On Dec 02, 2023 |
casualobserver: May stupidity not kill you. The presenting of a budget in a box is symbolic. You expect him to come to parliament with boxes of 400 page printed budget documents for 109 senators and 360 rep members? Do you think this is Obi who presented boxes and boxes of ballot papers at PEPT for propaganda and did not once use them in evidence? Is that the extent of your intelligence? Some people are here for serious business. May hate not derail your life. Good response |
Business › Re: Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm by commoditiesnig(m): 11:57am On Dec 01, 2023 |
Naturalobserver: Access bank,Dangote,Paystack and Airpeace are Nigerian companies in South Africa.
South Africa has numerous companies in Nigeria including multichoice and shop rite.
Let's continue to help each other grow Good to know.. |
Politics › Re: New Wage Begins April, FG Votes ₦24 Trillion For Salaries by commoditiesnig(m): 11:44am On Dec 01, 2023 |
Congrats to FG workers |
Politics › Re: President Tinubu And King Charles In Group Picture With Other World Leaders by commoditiesnig(m): 11:36am On Dec 01, 2023 |
seunmsg: Penguin2 and his gang of haters, another food don drop o. What are you going to wail over about this picture? Why is he smiling? Why is he wearing a blue cap instead of a yellow one? Why is he wearing glasses when King Charles is not wearing glasses?
The flow is open, come in and wail as usual! Lol.. wicked! |
Politics › Re: Reno Omokri Criticise Peter Obi For Condemn Demolition Of Illegal Structures. by commoditiesnig(m): 10:31pm On Nov 30, 2023 |
muykem: Peter Obi is a dullard and not smart. You will never see somebody like Atiku Abubarka making comments on sensitive issues that has religion or ethics colouration. Anambra and Abia just destroyed several illegal structures without condemnation from Peter obi. Hmm I tell you |
Politics › Re: Edo 2024 Analysis by commoditiesnig(m): 10:28pm On Nov 30, 2023 |
OVB123: I have said it countless number of times that Gov. Obaseki is wasting his time. Edo people are going to dealt with him in this forthcoming gubernatorial election. He should just wait and see. I tow your line of thought. |
Politics › Re: Vice President Kashim Shettima Visits Anambra & Commissions Facilities. by commoditiesnig(m): 6:07pm On Nov 30, 2023 |
Very good |
Politics › Re: VP Shettima In Anambra State To Commission Prepaid Metres Manufacturing Company( by commoditiesnig(m): 6:00pm On Nov 30, 2023 |
Good development |
Politics › Re: President Tinubu Meets King Charles III To Discuss Climate Change by commoditiesnig(m): 2:25pm On Nov 30, 2023 |
Very good.. the world urgently need to tackle effects of climate change |
Politics › Re: Passport Front Offices To Open Across UK By February 2024 – Interior Minister by commoditiesnig(m): 2:18pm On Nov 30, 2023 |
Goodnews.. Same should be done to other European cities with large Nigeria population e.g Istanbul |
Politics › Re: Kudos Interior Minister, Olubunmi Tunji-ojo by commoditiesnig(m): 2:09pm On Nov 30, 2023 |
Kudos to him indeed.. good start. We trust he keep the momentum going |
Politics › Re: Obi Faults Demolition Of Houses, Says Timing Wrong by commoditiesnig(m): 2:04pm On Nov 30, 2023 |
Helpfromabove1: You don’t have to comment in all topics
Obi needs to learn this yes he’s trying to stay relevant but not through a such situation or topic
U don’t tell the judge not to pass judgment on a criminal because times are hard or he is the richest man and a philanthropist
No
Personal have choose to be silent on the topic because it’s a very dicey topic, emotional for the people that there houses will be destroyed and when you look at the effects of flooding on the other hand that can even lead to loose of life I stated this the other day. Not every matter one should always talk publicly about |
Politics › Re: Lagos Commissioner, Tokunbo Wahab Shares Photo Of Houses Blocking Canal by commoditiesnig(m): 1:42pm On Nov 30, 2023 |
LifestyleTonite: If those houses are destroyed now, the "they hate us" people will say they are being targeted. But when the whole area is flooded as a result of no passage for water, they are always quick to mock Lagos on social media, saying, "see the Lagos Tinubu built."
Their latest tactics is to say that no building goes up without government approval, therefore the demolitions are illegal. Okay, provide the approval letter you got before you built on a canal like a ship, they go mute.
One word for those houses... Otilor Well said |
Travel Ads › Re: .. by commoditiesnig(op): 1:03pm On Nov 30, 2023 |
Egypt🇪🇬
Hotel Staff Members Needed to work in Intl. Hotel: Receptionist, Room Attendant, Host/Hostess, Parking Attendant, Porter, Server, Cook, Spa Manager, Night Auditor (very cheap cost of living) |
Politics › Re: 2024 Budget: Student Loan Commences January — President Tinubu by commoditiesnig(m): 7:06pm On Nov 29, 2023 |
Good news for our higher institution students |
Politics › Re: Tinubu Targets 18% GDP Growth In His First Budget As President by commoditiesnig(m): 7:00pm On Nov 29, 2023 |
Brilliant speech
Good projection |
Politics › Re: Tinubu Targets 18% GDP Growth In His First Budget As President by commoditiesnig(m): 6:59pm On Nov 29, 2023 |
Brilliant speech
Good projection! |
Politics › Re: Automation Of Passport Application 99% Done, To Go Live Next Week – Tunji-Ojo by commoditiesnig(m): 6:48pm On Nov 29, 2023 |
billionman: Kudos to Tunji-Ojo. He is up and doing. I got my passport ready within a month. Application, capturing, production all done in 25 days. That's great |
Politics › Re: Automation Of Passport Application 99% Done, To Go Live Next Week – Tunji-Ojo by commoditiesnig(m): 6:46pm On Nov 29, 2023 |
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Politics › Re: No One Can Stop Me From Securing PDP Ticket: Shaibu by commoditiesnig(m): 7:44pm On Nov 28, 2023 |
Soulsymbol99: Was in Benin the other day na so so bad road everywhere there was this one they called sapele road,a major dual carriage way ooo but nothing 2 write home about.even the road that passed through uniben gate na one lane them dey use. Also notice there was no drainage on the roads. So I ask Benin people, what hv ur governors been doing all these years?  So bad |
Investment › Re: Dangote Plans Listing $20bn Refinery On Nigerian Stock Exchange by commoditiesnig(m): 7:25pm On Nov 28, 2023 |
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Politics › Re: Csos Commend Tinubu For Reappointing Mele Kyari As NNPCL GCEO by commoditiesnig(m): 1:43pm On Nov 28, 2023 |
Kudos to Mr Kyari |