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Politics / Re: Buhari Social Program: Laudable, Laughable Or Dead On Arrival? by LeoSanchez(m): 8:17pm On Apr 19, 2015
barcanista:
1. Buhari/APC To Pay 25m Unemployed N5000 Per Month
Cost Implication:

The implication here is that the sum of N125billion (ie 25million * N5000) will be spent to service this policy every month, and an estimated N1.5 trillion (ie N125bn * 12 months) will be spent on this policy alone every year.

2. Buhari/APC To Provide Daily Meal for Primary School pupils.
First, the FG has no business with the running of Primary schools. This is the responsibility of States and Local Government. However, Buhari's administration pledged to provide at least one meal per day for Primary school Children, we shall hold him accountable.
Cost Implication:
Osun State reportedly spent N3.2billion in 2014 for the feeding of 300,000 primary 1 to 4 pupils in the state. The Osun state program exclude pupils in Primary 5 and 6. If we are to break it per pupil, we will have N10,667 per pupil(ie 3.2b/300k). Considering that over 35million children are estimated to be enrolled in Primary school across the country, at least the sum of THREE HUNDRED AND SEVENTY THREEE BILLION (N373b) is estimated to be spent on the program annually(ie 35m * 10,667).

Gross Annual Estimated Cost For Both Programs
N1.5trn + N373b = N1.873trn

That means Buhari is to increase our Recurrent Expenditure by N1.83trn.

How Feasible Are These Programs?
Let us take a look at the key component of the 2015 Budget(as adjusted by the Senate).
Total Budget Stand at N4.3trn.
Recurrent Expenditure: N2.58 trillion
Capital Expenditure: N700 billion

From where will Buhari See N1.8trn To Service His Social Programs?
- Remove Subsidy? If he's thinking of scrapping fuel subsidy, the adjusted allocation for petrol subsidy in 2015 budget is N100billion. The adjusted allocation for SURE-P is N21b, while the subsidy for kerosene for 2015 was adjusted to N45.5b. This gives a total of N166.5b.
Even if he should scrap SURE-P and remove the petrol and kerosene subsidy, he still won't be able to get 1% of the N1.8trn.

- Spend All Capital Expenditure + Subsidy? Even if Buhari is to spend all our N700b Capital Expenditure on his Social program in addition to the N166.5billion subsidy funds, it still won't be enough as it will fall short of One Trillion Naira.
N700b + N166.5b= N866 billion

- Money Appropriated To NASS? The total budget for the National Assembly for 2015 is N115b. Even if Buhari is to spend this money + subsidy allocation + Capital Expenditure to fund his program, he won't be able to raise the required fund. As all appropriation combined stand at N981billion(ie N700b + N115b + N166b)

So How Does Buhari intend to raise N1.873trillion to fulfil this social welfare pledge? Does this mean the administration has failed even before starting? Dead on arrival?

oga sir. D money u current leaders stole n are gradually running away cuz of fear is more dan all ur trash calculation above. Please focus on making ur life a better one instead of doubting an already made man statement.

2 Likes

Politics / Re: El-rufai Wins Kaduna Governorship Election; Scores 1.1 Million Votes by LeoSanchez(m): 9:21pm On Apr 12, 2015
yup.. Amma go get a house in kd.. Relocation tinz uploading
Politics / Re: Buhari Wins The APC Presidential Primaries by LeoSanchez(m): 4:47pm On Dec 11, 2014
hehehe.. Av got dust in ma eyes.. Dis spell end to d Noisy TAN and GEJ blah blah blah..
Politics / Re: APC Presidential Primaries: Atiku Abubakar Congratulates Buhari by LeoSanchez(m): 4:45pm On Dec 11, 2014
alryt.
Romance / Re: Female Friend Zone!! by LeoSanchez(m): 4:14pm On Dec 11, 2014
temisukanmi:
Dont really know the appropriate topic for this thread... I just wanna share what I observed.
Here on nairaland, we've been seeing guys being put in friend zones by ladies they love and not guys putting ladies in dis zone.. now my question is:
1) Do ladies ever get friend zoned?
2) Ladies have you ever been friend zoned by guys u love?
3) How did it all turn out?
4) Guys have u ever kept any lady in this dreadful zone?
Pls feel free to share ur experiences... ..just trying to clear this thought off my head.
yea i have.. Esp when i know dey have feelings for me. It shows me hw desperate some can be n how true dia feelings r
Education / Re: 10 Types Of Freshers You Meet In The Campus by LeoSanchez(m): 2:27pm On Dec 11, 2014
shogat:
i i can still remember vividly my fresher's days when I had to go about the campus with my files and asking people for information. i can say it was embarrassing but was also fun and it is always easy to know a fresher in the campus. Here are some of the types of freshers you meet in the campus.

1. The JJCs every little thing amazes them(the buildings, crowd, cars. Etc) You begin to wonder if it is their first time of going out.
2. The ajebohs they flaunt their wealth in the campus and remind you who their father is at every slightest opportunity. They display their phones; take people out for a treat regularly to impress. Majority of the people in this category got the money via extortion from their parents and everything normally cease after their first year in school.
3. The gurus first to ask and answer questions in the class, suggests taking their mates tutorials and depends in the past glory from their secondary school. If you fall in this category, just pray you don’t meet some silent and low key gurus in your class that will outshine you if you don’t work hard.
4. The womanizers the only thing they think of is how to get the opposite sex. The guys desperately want to date every girl on campus maybe because of the freedom and access they enjoy.
5. The socialites similar to the womanizers. They want to be everywhere, associate with everybody on campus. You find them in all parties, fellowships, community days and they even forget their main motive of being in the campus.
6. The politicians few weeks after reg and they start vying for post(s). They contest for the class/course rep as if they are the Buhari of the campus.
7. The historians some will always tell you about their family, previous school. The most annoying ones are those that always refer to their age and the number of times they have written jamb. Like who cares!!! grin
8. The oversabis they claim to know everything going on in the school already as if they have spent 7 years. They try to put people through the reg, knows the names of all the lecturers but you later discover they themselves are naïve.
9. The preachers after resumption theirs is to win as many souls as possible.
10. I was in this category. Cool, social, brilliant, handsome and well packaged guy.
Feel free to add yours
alryt OP you correct. Sooooo.. Which one were you. The clueless i guess
Car Talk / Re: Nigerians Should Stop Fighting After An Accident! by LeoSanchez(m): 2:19pm On Dec 11, 2014
fighting wont be neccessary if Third Party Insurance waz active in the Country.
Or better still being lectured.
OP made a great thread but where he abi she missed was not including Insurance to cover claims.
thanks
Sports / Re: What Is Happening To Liverpool? by LeoSanchez(m): 10:26am On Dec 11, 2014
i am a Man U fan.. But it hurts to see liverpool die.. I wish dem well and hope dey sack dat dia coach soonest.. Dat man is badluck
n i wish dey sign an active stricker who can work wif balo.. Honsetly balo is not a bad player. Liverpool average players dont just understand his stlye of play.
Politics / Re: APC Presidential Primary vote counting started, Buhari leading by wide margin by LeoSanchez(m): 9:47am On Dec 11, 2014
alryt.. I will love to see buhari as presido and fashola as vice... Nigeria will Be Awesomly................... What is d word again sef... Till den sha
Politics / Re: Expect One Naira To One Dollar If I'm Elected - Okorocha by LeoSanchez(m): 9:36am On Dec 11, 2014
hahaha its election time again.. Lets hear promises to learn to manipulate dis sisters..

bTW where all D Nairaland ladies @
Politics / Re: Expect One Naira To One Dollar If I'm Elected - Okorocha by LeoSanchez(m): 9:33am On Dec 11, 2014
amurx:
i love this... BTW how is that going to work?? 1usd=1 naira
haha d more u hear.. D less u understand
Politics / Re: Buhari's Heart Touching Speech To His Delegates by LeoSanchez(m): 9:27am On Dec 11, 2014
Flets:
He should please be patriotic enough to give another heart touching speech to his boko boys.... that will save Nigeria some lives, pain and funds.

It will be nice if he can prepare another heart touching speech for his boys that will pick arms after his loss come Feb 2015. That would also save many lives including corpers.
i will surport u and praise you to d ends of d world if you show solid evidence of ur allegations. If u cant please dont speak of somfin u know Nothing about.
Politics / Re: Will Buhari Prosecute Tinubu And Atiku For Corruption Or by LeoSanchez(m): 9:06am On Dec 11, 2014
OP.. Dont force it.. You know dat no matter d gravity of replies and solution and explaination u get here.. Wont move a cotton wool.
It is funny how people feel writing ink on piece of paper will change the transformation of d world - Leo Sanchez
Pets / Re: Shocking Photos: The Cambodian Boy Who Sleeps With A 16ft Python by LeoSanchez(m): 9:00am On Dec 11, 2014
the finz we see.. Smh
Romance / Re: Guys, These Are The Kind Of Ladies You Should Marry by LeoSanchez(m): 8:54am On Dec 11, 2014
advice from a father to son rather..
Romance / Re: 16 Benefits Of Dating A Blogger (website Owner) by LeoSanchez(m): 8:44am On Dec 11, 2014
dechandel:

Tonto broke up with Seun a long time ago. You dey see her name for fp again
hmm.. Now dat explains it
Politics / Re: Exclusive Pictures From APC Presidential Primaries by LeoSanchez(m): 7:38am On Dec 11, 2014
Mehn.. When Mr Speaker went for his good will message.. D people where dey en back be like OBO HKN Gang o..
Sports / Re: Mikel Scores First Champions League Goal Inchelsea Win by LeoSanchez(m): 7:30am On Dec 11, 2014
its great

1 Like

Politics / Re: APC Convention Drama by LeoSanchez(m): 7:29am On Dec 11, 2014
dat feeling
Romance / Re: 16 Benefits Of Dating A Blogger (website Owner) by LeoSanchez(m): 6:09pm On Dec 10, 2014
dechandel:
Ok
Seun do the needful. And marry Ikeji
hehehe what does Tonto Dike have to say abt dis
Romance / Re: The Shameful Adulterous Lives Of Some Today's Ladies by LeoSanchez(m): 11:26am On Dec 08, 2014
Tinalex:
@Op...honestly i dnt get you,why are you directing this onto the ladies? So the men they are doing this with,those men are just having fun,not fornication/adultery right? Smh....some men and their hypocrisy...mmmtttccchheeewwww
its because women should be seen with standard n high quality. They should be the pride of every responsible man. And d less corrupt they are the more sexual immorality in d world will decrease. Tnx
Culture / Re: Some Nigerian Proverbs – In PIDGIN by LeoSanchez(m): 2:38pm On Dec 07, 2014
if you ask me na who i go ask..

1 Like

Romance / Re: How To Identify A Good Wife Material by LeoSanchez(m): 5:18pm On Dec 05, 2014
zeenhle:
as long as he has money, i can be all of the above wink
aside from the material part bah.. Hmmm i feel ur chackra
Romance / Re: How To Identify A Good Wife Material by LeoSanchez(m): 5:14pm On Dec 05, 2014
holatin:
any woman that has all thing is either a jinn/gene/spirit or husband don suffer am
well you are wrong somehow sha.. Cuz my mum have dat and more..you may be ryt when it comes to our present time.. Sha.. Cuz too much I TV and kim K and d rest done make most ladies grow dat tin for back.. Umm not wat u fink.. I mean wings
Business / Re: FG Moves To Start Full Automation In Nigerian Ports by LeoSanchez(m): 2:05pm On Dec 05, 2014
ozor1:
Nigeria Is gradually growing,gej is visiting every sector
GEJ is playing politics to buy our affection...
Business / Re: FG Moves To Start Full Automation In Nigerian Ports by LeoSanchez(m): 2:03pm On Dec 05, 2014
lilprinze:
2015 is by the corner and FG is trying to visit every sector and do what they should have done since.

Religion / Re: Where Or Who Were We Before Our Existence? by LeoSanchez(m): 8:03am On Nov 30, 2014
such qestions wonder around in ma mind n i also want to ask how old is planet Earth itself??
European Football (EPL, UEFA, La Liga) / Re: Sunderland Vs Chelsea (0 - 0) On 29th November 2014 by LeoSanchez(m): 7:31pm On Nov 29, 2014
makazona:
i dont like the way chelsea is facing this match...as if they clubbed a night before...haba
you see bah.. Dis is why i prefer watching such match in france
Education / Re: Nairaland Jamb Tutorial Centre. {NJTC} by LeoSanchez(m): 7:02am On Nov 29, 2014
As you guys make effort to creat the wonderful thread and offer your service to mostly the youth ready to learn. So will people in the higher top open their hands and promote you all beyound your expectations. #Greatinnovation #GodblessYuh #GodblessUsAll

1 Like

Sports / Re: 10 Different Between Messi And Ronaldo by LeoSanchez(m): 4:43pm On Nov 28, 2014
Op. Please tell me how messi can mk my history
Sports / Re: "We Can't Sack Keshi"- NFF by LeoSanchez(m): 9:16am On Nov 26, 2014
an den its official. The SE soccer game is in infinit tuyskynomi

1 Like

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