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Politics / Re: Southwest Nigeria-third Largest Economy In Africa(ideas For More Prosperity) by folajoseph(m): 7:09am On Jun 23, 2015
Dollyak:
The GDP of the entire nation of Nigeria, the largest economy by far in Africa, currently is about N130 trillion naira(about $594 billion US dollars)(Wikipedia, list of African countries by GDP(nominal)). The Southwest, one of the six geopolitical regions of Nigeria, has an estimated GDP of about N67 trillion naira( about $305 billion US dollars), more than half of the GDP of the nation.

By my estimates, the Southwest region was

the third largest economy in the continent of Africa n 2014! This must be a shock or a pleasant surprise to many people!

But the governors in the region have not adopted a robust revenue generating strategy to tap into the resource base of the region. Taxation of the poor and lower middle-class people is a bad strategy which does not reflect a global best practice. The poor have a greater propensity to spend than the rich, so a taxation of the poor is counter-productive as it eliminates the boost to the economy that their spending provides.

Taxation of the rich, middle-class, and upper middle-class, but not the poor, is a global best strategy to raise revenues for the operation of government, the provisioning of infrastructures, robust security apparatus, and social security services that benefit everyone: the rich, the poor, and the disadvantaged in society. Fortunately, there are millions of rich people living in the Southwest: naira millionaires, multi-millionaires, billionaires, and trillionaires available to be taxed.

If the governors of the Southwest had adopted a comprehensive income taxation for revenue as their strategy in 2014, they could have raised N13 trillion naira from a progressive income tax range of 0% for the poor, to up to 30% for the rich: ten times more than the N1.3 trillion naira raised last year!

The combined budget-to-GDP ratio of the states in the Southwest in 2014 was abysmally low, about 2% compared to about 40% in many advanced nations of the world. For the sake of argument, a budget that is 40% of the GDP of the Southwest is approximately N25 trillion naira. This is about twice the budget realizable from using a progressive tax bracket of 0% to 30%.

If the enhanced income-tax-based revenues are spent appropriately, the Southwest will become a prosperous region with robust infrastructures, full employment, improved security, and a world-class social security service.

It is widely accepted (on nairaland) that many governors of the Southwest have reasonably performed well. If they had tapped the hidden resources of the region, their performance would have been elevated to outstanding and transformational! We wonder why policies that would have made a difference in the lives of the majority of the people, such as progressive income taxation, had not been vigorously pursued and implemented. Income taxation will also diminish godfatherism and empower the people while swelling the coffers of governments in the region.

With abundant revenues through income taxation, the Southwest will be in a position to stop accepting monthly oil revenue distributions from the center, but be able to partner with Abuja and other state governors in joint projects of mutual benefit that will drive the economic growth of the nation.

The question that must be asked of the governors of the Southwest is this, are they aware that the great book says, for whom much is given much is required?

So much has been given to the region by the grace of God. So much then is required of the Southwest governments. The governors in the Southwest have an obligation not only to take care of the welfare of their residents but to also drive the socio-economic growth of the nation.

In conclusion, to the people of the Southwest, the third largest economy in Africa, ask not what Abuja can do for you, but ask your governors to:

1. Tax the peoples' incomes, a global best practice, using a progressive tax rate from 0% to 30%.

2. Use the revenues from the income tax to fund government operations, build, monitor, and maintain physical, security, health, education, and research infrastructures, and to provide services and social security to the people. As he who pays the piper dictates the tune, politicians will be compelled by the income tax payers to shift their allegiance from godfathers to the people. This will end godfatherism as the dominant factor in politics in the Southwest.

3. Promote exports and the tourism industry.
4. Work cooperatively with the private industry, research and development centers, and the tertiary institutions in the region.

5. Promote regional integration through intra-regional partnerships and engage in mutually beneficial ventures with Abuja and other governors in other regions.

6. Stop accepting the monthly oil distributions from Abuja from 2016, as this is the root of corruption in Nigeria. To curb corruption in the Southwest and elsewhere in Nigeria requires pulling up the root of corruption in Nigeria by ending the shameful exploitation of the minorities in the oil producing states.

http://m.thenigerianvoice.com/news/172621/1/to-the-people-of-the-southwest-the-third-largest-e.html

I agree with you in terms of taxation but disagree slightly with the statistics you put forward in regards to GDP, Nigeria's current GDP stands at a whooping $1.109 trillion according to the link below.

Nigeria is actually the 21st richest country in the world with countries like SA, UAE, Netherlands, Switzerland behind us...

http://m.worldsrichestcountries.com/?url=http%3A%2F%2Fwww.worldsrichestcountries.com%2F&utm_referrer=#2615
Business To Business / How Sap Can Help Your Business by folajoseph(m): 12:16am On Jun 23, 2015
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You can now get true and unified picture of critical, up to the minute realtime business information across the entire organization.

Contact me if interested.

Business To Business / Re: Introduce Your Business by folajoseph(m): 12:07am On Jun 23, 2015
I'm the Founder & C.E.O of Joseph Hartz Ltd. a consulting firm with 80% focus on SAP ERP solution which enables organizations process data and manage information more effectively, it helps to make sound and informed business decisions through one single software system.

You can now get true and unified picture of critical, up to the minute realtime business information across the entire organization from wherever you are in the world.

Romance / Re: Mention Only One Nairalander You Would Love To Kiss? by folajoseph(m): 11:16pm On Jun 22, 2015
grin
Politics / Re: Pardon Saraki, Dogara, APC Chieftain Begs Party Leadership by folajoseph(m): 12:56am On Jun 12, 2015
Ezenwammadu:
They must be expelled angry


Confusion must reign supreme in APC camp till everything falls apart

Family / Re: Right Age To Get Married As A Guy! by folajoseph(m): 9:14am On Jun 08, 2015
30-32

1 Like 1 Share

Romance / Re: My Dilemma-can I Find Love Again? by folajoseph(m): 7:16pm On Jun 05, 2015
Goldenboy007:
Hey bro, first thing you need to realize is your case is normal. We all have our own cross when it comes to our experience in relationships. Actually as it is now, you don't need to be in love to have a woman living in your house , just make sure she is someone you can tolerate. The greatest delusion is to think there is a perfect lady out there. Life is never perfect, you win some you lose some, however giving up is the real failure !

Thanks a whole lot bro, you've inspired me positively with your humble comment, remain blessed ma bro!
Romance / Re: My Dilemma-can I Find Love Again? by folajoseph(m): 4:10pm On Jun 05, 2015
NgwaManNaija4LF:
Bro, I hope you're not using this tread to hook another girl, well the Igbo girl had just realized that Yiribas can not be trusted and it's better to find a honest dude from Igboland. Take heart bro.

Our girls don't take shit.

I thought I've seen the dumbest comment so far until I saw this!
Romance / Re: My Dilemma-can I Find Love Again? by folajoseph(m): 8:57am On Jun 05, 2015
naijalodge:
Bros here's the bitter truth,go run a DNA test on those kids,talking 4rm experience. ..

Did that already bro, thanks anyway!
Romance / Re: My Dilemma-can I Find Love Again? by folajoseph(m): 8:46am On Jun 05, 2015
Ibsgal:
Did you do a DNA test to make sure that the twins are yours? Not that it matters, but it would suck if their mother recants her story in the future and claim that they aren't yours since, according to you, she is promiscuous.

I actually did a DNA test in 2 hospitals back then...
Romance / Re: My Dilemma-can I Find Love Again? by folajoseph(m): 8:36am On Jun 05, 2015
nkem123:
my brother I experienced d same thing in relationship too.exactly d same thing I went through, though she had a son for me.I loved her until she started misbehaving so I had to quit.my second did exactly what ur first girl did bt what's d big deal, life goes on.
not every woman is meant to stay in our lives so, if they choose to leave dnt beg them, is because they aren't good enough
d worst kind of woman never to get married to is d emotionally unstable ones, that switches mood like stabilizer cos they lack d capacity to be faithful,lack d capacity to luv so d earlier they vacate our lives, d better for us

You're right my brother, emotionally unstable girls are not just good enough!
Romance / Re: My Dilemma-can I Find Love Again? by folajoseph(m): 8:28am On Jun 05, 2015
blublahd:
I dont get, are you the biological father of the kids or you just added your own seed to another man's 7 months old seed?

i did a DNA test in 2 hospitals almost 4years ago and the results shows that I'm their father....

2 Likes 1 Share

Romance / Re: My Dilemma-can I Find Love Again? by folajoseph(m): 8:19am On Jun 05, 2015
fanex:
no o. good thing is that its time for you to go kill yourself.

Lol, you're funny!
Romance / Re: My Dilemma-can I Find Love Again? by folajoseph(m): 8:14am On Jun 05, 2015
2dice:
U would my friend .... Not to worry the patient dog get the fattest Bone

Thanks for your support my friend!
Romance / Re: My Dilemma-can I Find Love Again? by folajoseph(m): 8:12am On Jun 05, 2015
MEGGATRON:
[color=#990000][/color]

Thanks bro, I'm wishing you a great life as well, thanks again!
Romance / Re: My Dilemma-can I Find Love Again? by folajoseph(m): 8:09am On Jun 05, 2015
dljbd1:
The twins, are they identical? smiley

Yes they are...
Romance / My Dilemma-can I Find Love Again? by folajoseph(m): 7:43am On Jun 05, 2015
I'm an ardent reader and i will like to share my story with you since a problem shared is a problem half solved.

I'm a 30 years old man, i started dating a girl in August 2008 (she's igbo and i'm yoruba) we live in the same estate and the relationship was the best time of my life until one day, not long into the relationship i was planning to move to my own apartment since i was staying with parents as i walking her home she told me we should call the relationship quit after about 1 year, i asked her why and she said because i was moving, i explained to her that we would always visit each other but she said No, so i left her and went home feeling bad, i didn't even sleep that night.


To cut the long story short she apologized and we were back together, not long after she moved to Enugu from Lagos to stay with her sister and we only talked on phone, all of a sudden she broke up with me again for no reason, in fact she broke up with me 3 times without stating any reason and came back begging me by herself (thought she was still a virgin), when she did it the 4th time, i had fallen out of Love with her, the passion was gone.

I had wasted over 3 years with this girl and i felt used so one night i came back from work and went to a bar alone to get drunk, i met a girl through a lady friend and we had s*x that night, my x called me after then and started begging me again but i said this time it’s over for good but unknown to me the girl i had s*x with was pregnant but didn't tell me, when she was 7 months pregnant her mother called me to break the news to me, i was sad because she didn't tell me for 7 months that she has been pregnant and secondly she was a rebound girl i never Loved her.

She gave birth to twins(2 boys) though i have a good job but it would have been better to have the kids with the one i Loved, i later found out that she was a promiscuous girl that sleeps around and to my greatest surprise she is also a clepto whom i have bailed out of different situations which made me to take my kids away from her to my parents whom have been taking better care of them though i pay all their bills conveniently (in fact i'm happy i had those kids, they are amazing and people always commend me when they see me with them especially in their school)

Now i find it hard to forgive the mother of my kids for not telling me initially and also my girlfriend for all she did to me (though she said it was due to tribal difference) but i find it hard to meet nice girls plus i don't know if i can Love again, i need help.

8 Likes 3 Shares

Family / Re: Thread For Those Born In Month Of May by folajoseph(m): 3:36pm On May 21, 2015
KejiT1:
Wow my birthday mate,wishing us God's grace this new year of ours.....Happy birthday to us in advance

Amen mate! I'm so happy to have found another Birthday mate, would like is to be friends, if u don't mind u can add me on BBM 7439E120....
Politics / Re: Tam David-West: Why I Won’t Reject Buhari’s Ministerial Slot Offer by folajoseph(m): 4:54pm On May 09, 2015
Na old man fit do better work for this country, the younger ones eye too dey chook...
Fashion / Re: 10 Essential Wardrobe Items For Guys On Low Budget. by folajoseph(m): 2:52pm On May 09, 2015
ziqqz:
So in summary, I "essentially" need 12 shirts, 5 pants, 2 footwears and 2 monkey jackets in my life... huh?
Is this a lesson in the Art of Wardrobe Money Management?
Well, your username says it all.
Remember he said "on a low budget" because not everybody can afford so many clothes and he didn't say anything about wearing it for a lifetime bro!

2 Likes

Politics / Re: How Buhari Constituted His Government Between 1982-1984 When Head Of State by folajoseph(m): 1:20pm On May 08, 2015
Ikengawo:
[size=15pt]States Buhari Used to Govern[/size]



Governor of the Northeastern State
Preceded by Musa Usman
Succeeded by Position abolished




Can you explain why these are also the poorest most corruption and poverty ravished states in Nigeria? He governed Nigeria to end corruption. Did corruption end? He entered the petroleum ministry to rid it of corruption, is it corruption free? He governed the ENTIRE Northeast to develop it, is it developed? He contested against Obasanjo twice to become president, is he president? He contested against Yar'Adua to become president, is he president? He contested against Jonathan to become president, is he president? He formed CPC to fight corruption, it's defunct.



Buhari is a serial loser. He is not using his serial loser mentality to boost of borrowing 27m to run a primary while having 1m in his bank. At the age of 75
Now guess who has the last laugh!
Investment / Re: Should I Build In Lagos Or In My Home Town or buy Stocks with my N 11 million by folajoseph(m): 8:52am On May 07, 2015
dotna:
If you are up to 35 years old, then why not buy annuity investment from Niger Insurance PLC and receive an annual fund of about 1 million naira for life.

email natuaries@outlook.com for more on annuity options.


How much do I need to invest in order to get annuity payment of 1M annually for life.
Family / Re: Thread For Those Born In Month Of May by folajoseph(m): 4:45pm On May 01, 2015
May 28 - Gemini, I've only met one birthday mate in my 30 years of existence, would be fun to meet more and understand their personality.
Politics / Re: 64 Senators Endorse Bukola Saraki For Senate Presidency by folajoseph(m): 5:19pm On Apr 30, 2015
Taylor86:
97% of the most quality political portfolios and positions belongs to the north, yet dey come here saying one nigeria

some foolish SS/SE brothers still voted for buhari

hmmm, hv not heard anything good coming to Amaechi ooo, abi dem wan give Iraq/eran ambassador

now i know y d bible says " FEAR NORTH"
U just spoke as if those words were coming from your ass!
Politics / Re: Osinbajo Issues Fani-kayode 7-day Ultimatum To Apologize, Demands N2 Billion by folajoseph(m): 10:36pm On Mar 03, 2015
When FFK was in APC this was what he wrote and i quote

"As I wrote in another contribution almost one month ago, ”the problem that we have is the President himself- a President who prides himself on his own weakness and incompetence and whose love of false prophets and strange women knows no bounds and has no end. A President who is as confused and as clueless as the comic character called Chancey Gardner in the celebrated 1970's Peter Seller's Hollywood blockbuster titled ”Being There”. A President who does not understand the meaning of the word ”class” or ”honesty” and who breaks his own word consistently. A President who has abdicated his responsibilities, destroyed his own political party, divided his own country, alienated his own friends, humiliated his own mentor, abandoned his own people, brought ridicule to his own faith, cowers before his own officials, betrays his own governors, scorns the international community and BREAKS HIS SOLEMN OATH TO PROTECT AND DEFEND THE NIGERIAN PEOPLE. A President who does not even have the nerve or the guts to call to order any of the numerous Jezebels that control him.

He is the problem we have in our country today and until he resigns, is impeached or is voted out of power nothing will change and Nigeria will continue to go from bad to worse. That is what you get when you vote for a man who never wore shoes to school'."
This was FFK's Comment B4 Jonathan Made him Director of Media n Publicity, GEJ tries to buy every loud voice dat Speaks against Him But The Truth cannot be Bought. FFK cannot take Back these Words or Can He? WHO IS FOOLING WHO! #ihavedecided to vote for #change#
Travel / Re: Securing Visa To France, Applying From Nigeria... by folajoseph(m): 11:46pm On Jan 23, 2015
folajoseph:


Point taken, thanks a lot bro
tzetzefly:


A 30year old single guy who runs his company with only 1.5 million as savings going for tourism, doesn't look good. Turn your attention some place else.
tzetzefly:


A 30year old single guy who runs his company with only 1.5 million as savings going for tourism, doesn't look good. Turn your attention some place else.

tzetzefly please note that my business account has more funds in it but i intend to apply with my personal bank statement, Please let me know if its enough to be considered for the visa or should i use my business account?

Thank you
Travel / Re: Main Reasons Many Are Refused Visas by folajoseph(m): 11:15pm On Jan 20, 2015
Vicjustice:

*Is there any reason that you are presenting a 3 months bank statement instead of the required 6 months statements?
*Of what relevance is your house rent and what purpose would the rent document serve?
*Flight reservation doesn't normally stay for more than 48 hours, so, how do you suppose your reservation to remain valid throughout the period of the visa application?
By the way, Flight Reservation or Ticket is not a requirement.

Thanks for your observations, to the best of my knowledge, tourist applicants for France were only required to present a 3 months statement according to their website as at December but i don't know of now.

i read on a Nairaland thread last year that including your tenancy agreement document is also a good way to show ties to Nigeria as long as the rent is a substantial amount and doesn't expire soon.

As at last year flight reservation was a requirement as well, guess i'm not current at all, thanks for enlightening me.....
Travel / Re: Securing Visa To France, Applying From Nigeria... by folajoseph(m): 7:58pm On Jan 18, 2015
tzetzefly:


A 30year old single guy who runs his company with only 1.5 million as savings going for tourism, doesn't look good. Turn your attention some place else.

Point taken, thanks a lot bro
Travel / Re: German Embassy And Visa by folajoseph(m): 8:45am On Jan 04, 2015
Hello Nairalanders,

Happy New Year to you all, i'm willing to travel to Germany in February and below are the list of documents i intend to submit

1. Nigerian passport
2. 2 Passport photographs
3. Complete visa application form
4. 3 months bank statement (1.5M)
5. Company registration documents
6. Evidence of Tax returns
7. Shares certificate
8. House rent document (i just rented a new place)
9. Purpose of travel document
10. Medical insurance
11. Hotel reservation
12. Flight reservation

though the only country i've been to is Ghana, i'm a 30 years old man and i run my own business, i'm yet to get married and i don't have any properties for now, please what are my chances of getting the visa? what do you think i should remove or add to the list of documents above? your positive response would be appreciated.

Thank You

1 Like

Travel / Re: Main Reasons Many Are Refused Visas by folajoseph(m): 8:42am On Jan 04, 2015
Hello Nairalanders,

Happy New Year to you all, i'm willing to travel to the France in February and below are the list of documents i intend to submit

1. Nigerian passport
2. 2 Passport photographs
3. Complete visa application form
4. 3 months bank statement
5. Company registration documents
6. Evidence of Tax returns
7. Shares certificate
Etc

what do you think i should remove or add to the list of documents above? your positive response would be appreciated.

Thank You
Travel / Re: Schengen Visa Assistance by folajoseph(m): 8:40am On Jan 04, 2015
Hello Nairalanders,

Happy New Year to you all, i'm willing to travel to the France in February and below are the list of documents i intend to submit

1. Nigerian passport
2. 2 Passport photographs
3. Complete visa application form
4. 3 months bank statement
5. Company registration documents
6. Evidence of Tax returns
7. Shares certificate
etc

what do you think i should remove or add to the list of documents above? your positive response would be appreciated.

Thank You
Travel / Re: What Does Its Take To Get A Schengen Visa. by folajoseph(m): 8:39am On Jan 04, 2015
Hello Nairalanders,

Happy New Year to you all, i'm willing to travel to the France in February and below are the list of documents i intend to submit

1. Nigerian passport
2. 2 Passport photographs
3. Complete visa application form
4. 3 months bank statement
5. Company registration documents
6. Evidence of Tax returns
7. Shares certificate
etc

what do you think i should remove or add to the list of documents above? your positive response would be appreciated.

Thank You

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