Fiscabally's Posts
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It's called "Opinion" for a reason. |
Bahamas95:Please share wetin you see, mo learn |
Comparing Nigeria's 1976-1977 budget (₦5.5 billion) to the proposed 2025 budget (₦28.78 trillion) requires adjusting for inflation, exchange rates, and economic context. Here's a breakdown: ### **1. Inflation Adjustment (1976 to 2025)** Nigeria's inflation has been high over the decades. Using historical inflation data: - **Average inflation (1976-2024):** ~16% per year (estimated) - **Cumulative inflation factor (1976-2025):** ~(1.16)^49 ≈ **~2,800x** **Inflation-adjusted 1976 budget in 2025 naira:** ₦5.5 billion × 2,800 ≈ **₦15.4 trillion** This means ₦5.5 billion in 1976 is roughly equivalent to ₦15.4 trillion in 2025 money. ### **2. 2025 Budget vs. Inflation-Adjusted 1976 Budget** - **1976-1977 Budget (inflation-adjusted):** ~₦15.4 trillion - **2025 Proposed Budget:** ₦28.78 trillion The 2025 budget is **about 1.87x larger** than the inflation-adjusted 1976 budget. ### **3. Economic Context & Exchange Rate Impact** - **1976 Exchange Rate:** $1 = ~₦0.62 (fixed rate under oil boom) - ₦5.5 billion = **~$8.87 billion** (1976 USD) - **2025 Exchange Rate (parallel market):** $1 ≈ ₦1,500 (estimated) - ₦28.78 trillion = **~$19.19 billion** (2025 USD) **Dollar Comparison:** - **1976:** $8.87 billion - **2025:** $19.19 billion The 2025 budget is **~2.16x larger in dollar terms** than 1976. ### **4. GDP & Population Considerations** - **1976 GDP:** ~$36 billion (nominal) - Budget was **~24.6% of GDP** - **2025 GDP (est.):** ~$450 billion (nominal) - Budget is **~6.4% of GDP** - **Population Growth:** - 1976: ~65 million - 2025: ~230 million - **Per capita budget spending (inflation-adjusted):** - 1976: ₦15.4T / 65M ≈ **₦236,923 per person** - 2025: ₦28.78T / 230M ≈ **₦125,130 per person** ### **5. Key Takeaways** - The 2025 budget is **nominally larger** but **smaller relative to GDP** and **per capita** than 1976. - Nigeria's economy has grown, but **population growth and inflation** have eroded real spending power. - **Exchange rate depreciation** severely impacts Nigeria's budget in dollar terms compared to the 1970s oil boom era. ### **Conclusion** While the 2025 budget is bigger in absolute terms, its real value (adjusted for inflation, population, and GDP) is **weaker** than the 1976 budget. The naira's depreciation and high inflation have significantly reduced Nigeria's fiscal capacity compared to the 1970s oil boom period. Copied ~ Deepseek |
1. The blame game. She plays this card when she wants to make you not to suspect her. She will accuse you of cheating on her, meanwhile she's the one cheating on you The game is to take your mind off her and focus it on you trying to prove yourself. 2. Crying. This is only but a deception, she knows that ones you see her tears the chances of you believing her will skyrocket, her tears makes you weak. Don't believe her until you see evidence. 3. The withdrawal method. She wants to make you chase her, she wants you to feel like you have done her something and will beg her to make amend. 4. Seduction through s3x. She wants to use s3x to control you, she decides when you have it with her and when you don't have it. She controls everything and that how she controls you. 5. The gaslighting.. You know this one already. Be wise. Stay putinized. Copied ~ Brave Minds |
ComeComing:Search on google and download "KMS PICO" install it and activate your windows with it, uninstall it after activation. Note: Disable your antivirus before Installation, and Activate back after you uninstall the app |
2008 |
Good old days |
Rest in peace Legend Onyeka Childhood memories linger.... |
Dlee1:I've blind scan, it's the the same channels i got, I'll try get 2 more Inb as you said. Thanks bro |
Dlee1:Please chief, My decoder strong Gold Str-4999SG on Nilesat is only showing Trt world, Nbc 2, Nbc max, wap tv, max tv and few unpopular stations but before it usually shows more than this including aljazeera, dw tv, and some others, but now it's like that. Please can i install multiple satellites on the 90cm dish like you mentioned above to get several stations or i need to get another decoder? Thanks sir |
Hemanwel:For you i will by Monica |
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ineri:I was lucky i saw it when it entered, If not, who knows what might happen when i lay down at night |
I was preparing to go out while i turned back and found this snake crawling in this afternoon. I let it cool off under my bed, find me a good plank, lift up my bed and murder was the case! What kind of snake is this please? Is it poisonous?
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Acer Aspire E 15 500 Gig Hard drive 4 Gig Ram Windows 10 Uk Used Battery 5 hours PRICE: 80k
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Very Clean Lenovo Ideapad 3 Amd Ryzen 3 3250U with Radeon Graphics comes with charger Windows 10 Uk Used 250 Gig ssd 8 Gig Ram PRICE: 100k
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Just to trend no ni |
I'm interested oh Check me out sir |
honeymix77:I can chat me up 80 Six2 Eight 96 Two 26 |
spartachico:Even apple iCloud can be bypassed. Many we don fix! I am a software techie |
sambright2012:Yes i can If you're in lagos whatsapp Zero 8 0 six 2 8 Nine 6 two 2 six |
Matix222:Hunger will not know you by name sir |
He sounds cool |
I lost my wife to breast cancer 3 weeks after delievering a set of twin girls last year july. My girls are doing just fine now even though they ain't priviledge to suck a day brest milk. So sad and awful experience, It's been God and my family all the way. His beauty for my ashes! |
https://www.youtube.com/watch?v=Pmca12HBNlA Comrades T Igbasan sings Afro Life Take a listen. What do you think guys? |
Samsung def, not a fan of iphone |
Gbam! Jill Scot ~ The Fact Is (I Need You) Lyrics [Verse 1] I can pay my own light bill, baby Put my own gas in my own car I can buy my own shoe collection I've been blessed thus far I can kill the spider above my bed Although it's hard because I'm scared I can even stain and polyurethane But some things just don't change [Hook 1] I need you, yeah Sometimes so hard to say I need you Some things remain [Verse 2] I could buy my own groceries, baby Get my hair tight, my nails right I can floss my own bling-bling Write the words to the songs I sing I can even raise the child we'll make Make sure he's loved and knows what God gave I can teach him how to walk and stand But he needs you to help him be a man [Hook 2] We need you So hard to say We need you Some things don't change [Bridge] I could be a Congresswoman or a garbagewoman A police officer or a carpenter I could be a doctor and a lawyer and a mother And a "Good God, woman, what you done to me!?" kind of lover I could be, I could be a computer analyst The queen with the nappy hair raisin' a fist Or I could be much more and a myriad of this Hot as the summer, sweet as the first kiss [Hook 3] And even though I could do all of these things... I need you And even though I can do all of these things... We need you...we need you, we need you And even though I can do all these things by my damn self! I need you...I do, I do, I do, I do And even though I can do all of these here things... I need you...we need you... We do! |
For those interested in affiliate marketing. This will help ~ Affiliate marketing is a popular online business model where you earn a commission by promoting other people's products or services. Here's how it generally works: 1. Find a niche: Start by identifying a specific area of interest or market you want to focus on. It could be anything from fitness to home decor or technology. 2. Research affiliate programs: Look for companies or platforms that offer affiliate programs in your chosen niche. Popular affiliate networks include Amazon Associates, ShareASale, and Commission Junction. 3. Choose products or services: Once you've joined an affiliate program, browse through their product catalog and select the ones that align with your niche and audience. It's important to promote products you genuinely believe in, as that will reflect in your marketing efforts. 4. Create a platform: Establish an online presence where you can promote the affiliate products. This can be a blog, website, or social media channels. Ensure that your platform is professional, user-friendly, and optimized for search engines. 5. Generate traffic: Drive targeted traffic to your platform using various marketing strategies. These may include search engine optimization (SEO), content marketing, social media promotion, email marketing, or paid advertising. The goal is to attract people who are likely to be interested in the products or services you're promoting. 6. Produce compelling content: Create high-quality content that educates, informs, or entertains your audience. This could be in the form of blog posts, videos, podcasts, or social media content. Incorporate your affiliate links naturally within your content, making sure they provide value to your audience. 7. Build an audience: Focus on growing and engaging your audience. Encourage them to subscribe to your newsletter, follow your social media accounts, or join your community. Building a loyal audience can help increase your conversion rates and recurring revenue. 8. Track your performance: Use analytics tools provided by your affiliate program or third-party software to monitor your performance. Keep track of the number of clicks, conversions, and revenue generated from your affiliate links. This data will help you optimize your strategy and focus on what works best. 9. Stay updated and adapt: Affiliate marketing is an ever-evolving field. Stay up to date with the latest trends, marketing techniques, and changes in affiliate programs' terms and conditions. Adjust your strategy accordingly to stay competitive. Remember, success in affiliate marketing takes time and effort. It's crucial to build trust with your audience, be transparent about your affiliate relationships, and provide valuable and authentic recommendations. As you continue to develop your skills and refine your strategies, your earning potential can increase. Good luck on your affiliate marketing journey! ~ Chat Smith (GPT -4) |
Pure Scam! Run |
DontBullshitMe:Exactly on point. She said it bluntly and unapologetically |