₦airaland Forum

This will not end well.

optimusprime2:
Let me humbly teach you the Economics of National budgeting.

Assuming FG's budget expenditure was 10Naira with Subsidy & subsidy got removed, it means 10Naira - Subsidy = 4Naira because Subsidy was about 60% of the budget.

Now although budget is reduced to 4 Naira there is now a financial vacuum(6Naira) that directly impacts common wealth, so what do you do?

You inject funds to stabilise the vacuum that impacts common wealth, however it must be sustainable, so you don't end up creating another unsustainable expenditure like Subsidy.

So to knock out the impact of market forces on the economy created by removing the fuel Subsidy, you do price regulations on what you can control as the FG, for example

1- The minimum wage
2- Taxes
3- Interest rates
4- Industrial subsidies
5- Agricultural subsidies
6- Transportation Subsidies

So you decide to cover the 6Naira vacuum with 1naira each for the 6 listed areas on the budget.

Then that is a proper balance.


However Buhari/B.A.T pulled out the fuel Subsidy but left everything the same way on the budget ignoring the vacuum...

Chairman you sef look am, the thing balance?

Bros your analysis is good o but Nigerian budget for this year is 2.6tr and over all budget is close to 24tr.

pu7pl3:
Wrong question...shows you didn't get the point.

I'd rather be in US with all the LGBT wahala than spend another day in Africa.

We are a shithole country because of corruption but we think we are moral.

NoToPile:
@bolded you don't think that's an individual thing? Any statistics to back this up.

Saying this because I know quite a number of Lagos govt teachers with this same pay range (maybe a little higher now) and they seem to be okay enough. Lots of these people also have alternative means of income.

The guy dey cap for the bolded.

Civil service is actually very easy. They have access to loans and they enjoy bonuses too. They go on leaves and their retirement packages are not bad too. Gratuity and life pension? Just make sure you die early before inflation renders your pension useless.

If that security guy on 70k sees a civil service job, trust me he is quitting that very day.

Civil service is designed to make you middle-class forever.

Civil service is slavery.

Many of them don't acquire professional certifications, what they do is marry and have children or build house and buy cars.

The job is too safe and it makes them so lackadaisical about their career besides there's a limit to what you can earn. Professors for example don't earn upto a million.

Government also owe them in many states for very long time.

Nobody should do civil service full time.

SOZINN:
The Fast & Furious movies are notorious for growing more overtly outrageous with each entry. The Fast Saga has become a mix of sci-fi absurdity and family, and whatever logical hurdles there may have been to time travel are a thing of the past for the series. 😂

Are you not entertained? Simple yes or no.

Many women are like this.

I think they call them sub or something.

Baddestguyp:
Can't believe I typed all that in about 15 minutes.

Didn't even know when the review became that long lmao

Bro, 15 minutes is a lot of time. So don't make it seem as if you didn't type that deliberately.

You also don't need to apologize for typing long reviews. We no dey vex as we no even read am.

SOZINN:
Hobbs is back! 🚗

#DwayneJohnson has announced his return to the "Fast and Furious" franchise and addressed his feud with Vin Diesel.

“Last summer Vin and I put all the past behind us."

Haters will attack in 3 2 1...

This guy should just die.

Jesus!!!

Samantha124:
But some women are born with naturally big vaginas just like some men who are born with naturally big dicks.

Big dicks are for big vaginas.

🤡

It will be nice if a lot of women go for this.

She used your head bro. In her books you are a maga and that's the most annoying part.

Next time, learn to block on time and decline help request as if you don't have money.

You'd be surprised her mum was never sick.

In reality, it most costly in South West.

Besides, I don't even see the difference in this price.

Labor party is that opposition party we need so bad.

A lot of people here no be mate, NL is one serious leveler.

yrhuhfy113:
MIND YOUR BUSINESS AND MOVE OUT OF THERE FAST.

even if you feel entitled, do you not have parents, elders, religious leaders you can't report him to?

If you do not know move out, you will soon be infected.


Lack of money has made you confined to such nasty environment, meanwhile, he has the money, he gets financially blessed enough to waste it on women.... IRONY OF LIFE.


Pls move out and move on

Move to your house abi?

No be today. They said rubbish in 19, 15, 11 etc.

All they do is just permutation and combination.

Campaign after election.

AHCB:
which truth, you deluded son of a dead thief.

Octo dropped a diss, I appreciated it, so did another moniker, but you deluded son's of bitches didn't see that, instead, you went about having a frenzy like a 500 hundred naira brothel hoe who got angry because she didn't get customer.

If simping was a road, nope, if idiocy and stupidity were a person, you'll be their elder brother, you demented wastrel.

Isn't it you in your drunken state of jealousy, who went to clone the moniker of koicereloaded, just to troll him because he drops reviews your illiterate self never could. Bitch nigga. Nigga go Fvck a pig.
erm, I wasn't a Nairalander 12 years ago. 😁

No vex o.

I have no dog in this fight but bros, leave the dissing to the octopus woman.

It's like you are not matching these young boys energy.

I hope say dem no go dash me my size for making this comment. abeg o, I come in peace. ✌️🙏

This argument used to be more fierce before Nigeria became this bad.

A lot of people have learnt that one doesn't simply leave their parents house.

But there are still teenagers, privileged individuals, women and some stupid people who will die on this hill. They will tell you all sort of rubbish about what age to marry, have kids, have lots of money, have a car, leave your parents house and they always have a way tagging the age very low.

You need to pay them no attention and do your thing. If it hurts them, let them come and chase you out of your parents house or maybe deposit 10m into your account.

To the set of people always bringing this ridiculous talk every year, SHUT THE Bleep UP!

Edipet:
thank you sir. I have been feeling so depressed this days. Because I feel like I am a failure. This your comments will and me get better, and I will strive to succeed.

Guy, don't feel bad for anything. You will find out that majority of them saying that rubbish are still in their parents house eating mummy thank you. I'm not saying anything is wrong with that but don't let them get into your head.

They are not better than you.

jackcanfield:
Just go if you don't like it come back...

Thank you o. Dem no dey tie person rope for UK.

But the dude here is saying he loves his country. Stockholm syndrome things.

NaijaMemes:
I was surprised that Octopusssy aka ishilove gave a lengthy and captivating review.

This is someone that lacks the ability to describe anything outside romance and local Nigerian literature.

Mtchew. When i said that people write reviews for clout.....fake life

Isn't this what everyone here does?

You all base your opinions and facts on Twitter posts and reddit discussions. Or why does everyone hates Dwayne Johnson and Vin Diesel again?

It's why anything that isn't mainstream doesn't fly here.

As long as you're not paying anyone to write a review, you should mind your business.

I must say, I hate those lengthy reviews tho.

Dexy4yah:
You guys keep making polytechnic students look like they are just wasting there time.

Oga who go succeed in life go succeed weda polytechnic or university.

Brother, I have nothing against polytechnic.

Because she knows you will regret it in the future.

You are like that lady that chose a polytechnic over a university. Give it time, the regret will hit ya.

Jakumo:
Eating pussy is good but it is not food

Mad man.

Bluezy13:
Everybody becoming a doctor in the house.
By the way, whoever gave the rule that you must not eat after 6pm

No mind them. I dey eat anything even if na 1am midnight. Belle no even gree come out.

Na as goat stand for market, na so them dry price am abi how dem take talk am.