Slazim:

Government should cut down on their jumbo pay and unnecessary baggage, that would go a long way, imagine absolutes taking home money that would pay 50 civil servants for a year monthly.

The annual salary of one Senator will pay 400 graduates of the rank Contiss 8 Step 1 university non academic staff salary scale.


We need to have maximum wage so that salaries can be distributed in such a way that politicians won't crumbs the economy.

Optional09:
Bull crap, 30k less than $100 per month is not the people’s resolve. Labour is not representing Nigeria’s.

You can not give a family man less than $100 per month and expect him no to be currupt at every level. This is wickedness

Buhari fails to understand that Poverty increases Corruption.

Bevista:
I agree with you that other selectors (particularly MANUFACTURING) are not well developed. My point was that the overall economy (wrt GDP) is not as dependent on O&G as much as the way government revenue is dependent. The services (banking, advertising, etc) sector is doing fairly ok. Agriculture is picking up, the Telecoms sector is growing, etc.
----
Yes, something should be done quickly about manufacturing as that holds the key to reducing unemployment and increasing export. But even if this sector grows and there's still corruption, then the govt might still not get optimal revenue from it. The reason why the govt gets so much from O&G is because of the unique nature of the JV arrangement. If the government were just depending on taxes....

There is something you guys from the West don't understand about revenue which makes you guys keep over emphasizing on tax.


The real revenue of every nation is the amount of foreign currencies it has and do you know why.?


It is because no nation has all it takes to survive and therefore must import if her citizens want to live a modernized life Eg Biafran pounds was useless because it could not be used outside the shores of Biafra.

When you collect tax, the tax is denominated in naira which is useless outside the shores of Nigeria. Since the naira is useless outside the shores of Nigeria and Nigerians need a lot of imported stuffs, the demand for dollars and other foreign currencies escalate and that is why, anytime our dollar inflow falls, you notice how the economy nosedive due to inflation caused by a drowning naira.

Take Note:

If Oil & Gas loses value, the economy will crash because we won't have dollars to import things needed to sustain our modernized life.




You and Rossikki Should Not Forget This Lesson Below:


A nation's real revenue is not in her local currency but in foreign currencies due to the fact that no nation has all the materials needed to sustain a modern civilization and has to import those things she does not have within her borders.





In Summary

Nigeria must develop other sectors that can help increase inflow of foreign currencies if the Government wants to be able to achieve a lot of things that will benefit the citizens.

Bevista:
You are a very arrogant person who thinks his POV is the only valid one. You could not even hold yourself from still making insulting remarks. Apparently, you think you've figured the whole problem out and any other opinion is bollocks.
---
You talk about South Africa's automative industry exports being $12b as if that money is government money. Was the original subject not about govt revenue. How much profit does the industry make and how much of that do they pay as taxes? I thought your smart ass was going to tell me how much the SA govt gets as revenue from the industry.
---
You keep making so much noise about diversifying the economy. Are you not aware that our economy is well diversified? The problem is that government revenue is not diversified but oil dependent. Go and dissect the sectors that make up our GDP and you'll see a diversified economy. Oil & Gas probably is less than 25% of GDP. Unfortunately, the govt doesn't earn as much revenue from the other sectors and has to depend largely on the O&G sector for 75%+ of its revenue.
---
BTW, you said our GDP is $22Bn. Well, apparently you are not aware that our GDP is northwards of $350. In fact, was as high as $500Bn at some point.
---
You quoted my comment on Saudi Aramco vs NNPC to mean that I was suggesting that NNPC could generate and remit in ABSOLUTE terms what Aramco does. Your smart-ass would've known that I was talking about RELATIVE terms. Somehow, you cleverly dodged NY PETROBRAS example, since you are probably aware that Brazil produces about the same amount of oil as Nigeria yet PETROBRAS generates over 10x the revenue that your corrupt NNPC does.
---
Once again, focus on diversifying government revenue and stop talking about diversifying the economy. Stop the know-it-all attitude...it just shows ignorance.

Our economy is not diversified as you portray it to be.


Example:

Manufacturing sector is very low key and that is why all our engineering/technological products are all imported.

Agriculture sector is still subsistence and that is why we import rice despite having the capacity to export rice and other other products.





When we say diversify the economy, it means developing other sources of generating dollars outside Oil & Gas.


Nigeria should be at the stage of exporting Non Oil & Gas products in order to generate more dollars and that is what Rossikki means by diversifying the economy.

Alzirida:
This guy with poorly sustained erection

I am not understanding oooo

Has he ever bleeped you before.?


Pls explain and expatiate.

Sunni wants to wipe off Shi'ites in Nigeria.

Bede2u:
u are still talking about road construction. The system is rotten. No amount of road construction in uyo or anambra can make nigeria's population to not reach 350 million b4 2050.

No amount of projects done by obiano will make the northern borders to no longer by porous. No amount of roads built by ambode will make sharia to stop being practiced in the north. The lake chad is fast drying and it will lead to more influx of northerners into the south...and their influx will come with violence.

No amount of flyover built in calabar will protect the country from the next religious killings in the north.

As far as abuja controls everything, the north will always support their worst candidates once they can win elections.

U dont understand it....a country of blacks with a diverse population of 200 million people WILL NEVER be good. The nation should be divided, unbundled b4 we can really move forward

So you expect those morons to understand when they have more faith in Oil & Gas than in God.



There is nothing you will explain that they will understand.

Shi'ites are funny to face soldiers with stones.

Even IPOB had to go underground in order to come back in full force so as to reply bullets with bullets.

Shi'ites follow IPOB footsteps.

Buhari made Biafra actualization very easy.


Instead of ignoring IPOB, he keeps helping us to spread our ideology to the international community as an oppressed group.

IamAtikulate:

Ndi Igbo are progressives. Check the Biafran Charter that would form the basis of the Biafran constitution.

All Igbo current politicians were banned from contesting for any position in that charter and an Igbo man would not Presidential power until after 30 years. By that time, all minority groups are supposed to have entrenched themselve in the politics of Biafra.

Again, the Charter proposed a very weak centre with the federating unit stronger.

Ignore that fake guy claiming ND.

Who doesn't know that Igbos are Liberal Democrats.

oshe111:


Same Ijaw that is killing Urhobos in their own land(Aladja) will respect their wish?


Guy talk wetin U know

I'm talking based on facts and how our mindset is skewed


Will U allow an Isoko man to be the 1st Biafran President?

If you are not an illiterate, you would have known that Igbos are the only Ethnic group that allows people from other ethnic groups to represent them.


To you question about Isoko man being elected as Biafran president and my answer is yes because Igbos are not ethnocentric beings.



Proof

Aba women riot was led by an Ibibio woman.

First mayor of Enugu was a Fulani man.

gidgiddy:

What is that? The new beer in town?

KO Knock Out Blow.

Linzo:

You will be deceiving yourself to think Niger Delta is not supporting Biafra. Delta as talk is in full support of Biafra

After working against Jonathan, they thought the ND people will keep shouting One Nigeria.

budusky05:
Thunder fire that idiota for including Rivers in that map

Afonjas wake up and realize that you guys lost the NigerDeltans after cheating Jonathan.

yarimo:
And the law will deal with them if they don't respect the right of others.

How does their marching affect your right to worship.?

Do they march everyday.?

id911:



Why is NK on National TV in Israel? Is it because Buhari publicly support Palastinian Independence that Benjamin Netanyahu is doing this? What is actually going on? I don't understand it

Biafra has been settled in the international community as Africa's newest country.

myright:
I remember I used to attack you those days any time you attack him. Its well... Welcome home

Don't mind kettykin who thought he was wiser than Kanu who understands that the Caliphate do not want a New Nigeria or Disintegrated Nigeria.

Buhari must respect their right to worship.

When is Lai Mohammed organizing Python Dance on Israelis.?

Ray97:
I wonder o. Or even russia.. Truth be told israeli government dosent have a hand in this. Supporting ipob against federal republic of nigeria is a big gamble...i'l advice ipob to do more research. Isreal dosent or cannot control the affairs of nigeria(yes they can sanction us but there wont make decisions 4 us) If isreal wants to support ipob or igbo sessesion they wont be talking to kanu... They'll be talking to people like ohaneze and the chiefs..

Illiteracy at it's peak.

wirinet:


Please explain how El-Zakzaky's struggles will favour you? Maybe you are a shiite muslim or maybe El-Zakzaky has employed Kanu and you as his solicitor.

If you were properly educated, you would have known that the injustice against your neighbor will definitely get to your doorstep and vice versa.

wirinet:

You guys are the most confused human beings on the surface of the earth. You said you are fighting for an independent igbo state and yet you are demanding for things that has nothing to do with igbo causes. Warri people are capable of making their demands known, they do not need igbos or even yorubas to make demands on their behalf. Warri had never been part of Biafra.

Dasuki and El-Zakzaky are Fulanis. The hatred for Fulanis is the main reason IPOB wants out of Nigeria, so how come IPOB has now become the main fighter for Fulanis interest?

If your education is not substandard, you would have known that you never oppose one whose struggle will favour you.


Eg I will never oppose a Fulani whose struggle will favor me.

wirinet:


What's brilliant about demanding opening of Warri port, release of Dasuki and El-Zakzaky?
Is Warri part of Biafra? Are Dasuki and El-Zakzaky Biafrans? Why not demand for the release of his fellow IPOB members, who he left behind in prison.

Kanu is taking as if the Fulanis are dumb and cannot demand for the release of their own people.

This is the most foolish comment on Nairaland this week.

Hmmmmm
@Op Did KANU really say those words

Chubhie:

That's not his/her business to know.

If you are mature, you would have known that finding out why both broke up can also help her in the future to amend the broken marriage.

CuTTiieAngeL:
empty head

Good Morning CuTTiieAngeL
I am yet to get a response to the new mail I sent to you this morning.

Flatheadpig:

my papa no dey deal with subhuman

At the mention of the word Biafra, Afonjas quake like rats.

ZKOSOSO:
How do they know it's 100 gunmen? How can just 6 be killed??

Na who dey count?

More than 6 were killed but you know how figures are downplayed.

That is why I laugh at the Zoo's military when they said they are ready for Kanu's Israel/US backed force.

CuTTiieAngeL:
empty head

Good morning
How was your rest/sleep.?
Pls check your mail and give me a response.

CuTTiieAngeL:
empty head

I replied your mail but got no response since then.

Hope no problem.?

President Buhari is lifeless.

Nigerians like you dey really vex for Bubu oooo