₦airaland Forum

I do not think people realize how important 2023 is.


Let me explain


Last year Nigeria made:


₦970.3 Billion from oil


₦1.6 Trillion from non-oil taxes [More revenue from this than oil]


₦2.8 Trillion from a cumulative of other sources.


In total the country brought in ₦5.5 Trillion in revenue


Then it gets really crazy from here.


Out of that ₦5.5 Trillion revenue, ₦4.2 Trillion was spent on servicing (repaying) debts from January to November.


So what is left after paying debts is ₦1.3 Trillion.


Which, as a matter of fact; means that what is left after repaying what we owe is not enough to run the country…


…because in the 2021 national budget, the nation needs to run on a total of ₦13.57 Trillion.


So since we just have ₦1.3 trillion left, an extra ₦12.27 trillion is needed.


Where do we get it?


Yes, you guessed right - we borrow.


In 2021 Nigeria spent ₦12.56 trillion - most of which were borrowed money spent on things that do not bring money back (salary, fuel subsidy, LOOTING, etc).


So if Nigeria was a man who makes ₦100k a month, he borrows ₦5 million every month to pay for light bill, and running of the house.


See the picture now?


Scary, isn’t it?


The excess Crude oil account (which is like our savings) is almost empty.


So not only does this man borrows like a crazy person, he has no SAVINGS for emergencies (like if his boss decides not to pay salary).


Anyways, the finance minister thinks we are doing alright. That what we have is a revenue problem - and not a debt problem & if we make more we will be alright (this is why they are taxing everything)


Of course, she could be lying.


…but she maybe right too.


The rule is we should NEVER borrow more than 40% of our GDP.


We are at 36.9%


3.2% more and all the alarm bell goes off.


Now - imagine if our revenue keeps dropping, and the debt keeps increasing. And one day - voom - 3.2% crossed!


Then we will really have a debt problem.


Since we currently borrow to pay salary, when the alarm goes off - further borrowing is a disaster:


The Government will struggle to pay salary.


(Which is scary considering that the Government is the biggest employer of labour in Nigeria)


More Taxes will be imposed to raise money, Including tax of Goods which will increase the prices you pay on Foreign rice for example.


Our currency will get futher devalued.


Which means things will get even more expensive in the market.


This is the state of the nation…YET…


…the politicians still loot and take home fat salary.


Imagine if we get the wrong President in 2023, who will not get these things fixed.


Imagine the disaster if we push over that 3.2%


If you think politics does not affect you, then maybe you do NOT see the full picture.


Which is why i laugh at people who ignorantly say - ‘’I am not interested in politics’’


Well, guess what it? It is interested in you.


The person who becomes the President will affect the price of your bag of rice…


…your cynlinder of gas


It affects whether or not it is safe to drive from Kaduna to Abuja or fly…


…or whether you need to pay 7.2% or 20% VAT on your Facebook ads.


It affects whether you keep selling on your Instagram page or whether Instagram gets banned in the country OUT of the blues.


It affects the shipping fee you pay on your Tokunbo car.


Get the picture?

This is NOT the time to be tribalistic. Or want a President from any part of Nigeria. It is a time for THE RIGHT ONE.


You really need to get involved. In any little way you can. Even if to get PVC, try go vote. If your Vote does not count they won't be chasing people away at polling stations.

Copied.

slan87:
Has anyone bought anything from this seller?
Pls specify, I want to get some things from him but I don't understand how he operates his business.

Yes, I just brought one of the AC from him.

xld07:
There is a saying that the dumbest of

It is easier for fools to stand...

It is okay to not comment or blame someone when you haven't walked in their shoes. Please, don't be an idiot.

Do you have to refer to insult before you can pass/narrate your message (even though u dey vex).
Let be careful with our choice of words. No b everybody be pikin for this forum. Shalom

Nozino:
I had to call the guy . It’s actually 118k which he approximated to 120k. And this is from Foauni brothers oo.

Bro, no vex, which of the foauni store (location)?

Krosslife:
It's Okay. I'll look for one at Bajulaiye, Fola Agoro and Abule Ijesha or Akoka. Anyone I see, I'll let you know.

Thanks in anticipation

Krosslife:
Is at Ilaje and Ladilak Bariga.

I don’t really like bariga. I can still take shomolu area, fadeyi and co area

Krosslife:
We have room self contain for #200k, #250k and #300k at different locations. What's your annual budget and preferred location?

Where is the location of the 200k?

No selfcon?

This guy is a genuine seller with good phones.
This is coming from a client

you can check altmall

God bless u sir, I really appreciate ur response @ deconsultant

I dey hail everybody ooo. my oga @deconsultant pls, a business that include collecting daily money from customers in exchange for goods is under which nature of business?

Some Christians are better know as marketers, especially the church workers.

On my way back from church (my own church), there is this gentle looking man that attend a church (a popular church branch) in my street. He saw me, called me and immediately, he started telling me to come inside their church, that the pastor as a special message for me etc, knowing fully well that am just coming back from church.
I told him I can't come ( me wey hungry self dey hammer) that am just coming from a church...

My question
Why do some Christians make it mandatory for their fellow Christian to come to it own Church (like say na dere Jesus dey gan gan)

My thought
The most important thing is winning soul for Christ.

Your view
....

franksonautos:
Still available. No fixes.

Where is ur location?

Are you a mobile food kiosk manufacturer or maker or do you know an individual or corporate body's that deals with the above subject? If yes kindly drop your/the contact here or email yamspice@gmail.com.

Thanks

You can get them at ijowu/fadeyi, lagos.

People using the phone should kindly post screen shot of the notification, and home screen.

I saw the details about the Tecno L7 on a flyer from slot at surulere with specifications :

Operating system : Android 4.4, kitkat

Network : GSM/WCDMA

Band: GSM: 850/900/1800/ 1900MHZ, WCDMA: 850/2100MHZ

dimension : 141.5*70.74*8.9mm

Display : 5.0" HD Touchscreen

Resolution : 720*1280

Processor : 1.3GHz Quad-core

Camera : 13MP AF Back Camera with flash. 5.0MP Front Camera.

Memory : 16GB ROM + 2GB RAM

Battery : 3050mAh

I asked the seller in slot, she said the phone as not been released.
Anyone with useful info about the phone should drop it here.

abdulcom:
3gig is allocated for it app storage
Got mine yesterday and it really wow me
Display
Gestures
Battery
Cool functioning sensors
And smooth performance
Just get urs.


08189083096
Plz add me 2 WhatsApp group
Thanks

Do d phone have a notification light?

I love Nigeria so much but the way things are expensive, can discourage someone.

The day I went to contonu, u need to see how things are so cheap there compare to Nigeria. With as low as N100, u can eat in a canteen and be satisfied.

A bag of rice is about 4k-5k while in the Nigeria market it's 9k-10k (correct me if am wrong).
Is it turkey, chicken, groceries, cars, clothes, shoes, etc, all these things are cheaper in contonu compared to Nigeria.

What do you have to say about this?

nwaobitex: Lie

It true, I also got d msg.

during d end of time, many bad and ugly tinx shall happen. O'lord, let me b among d calling. Amen

Academic Staff Union of Universities met
across the country on Thursday to consider
the offer by the Federal Government.
The ASUU President, Dr. Nasir Faggae after a
meeting with President Goodluck Jonathan
which ended in the early hours of Tuesday had told reporters that the union would take back an undisclosed message to their members.
The PUNCH gathered that the striking public
universities lecturers met in the nine zones of ASUU with branch chairmen to discuss the outcome of the meeting with the President. The meetings presided over by zonal coordinators afforded them (zonal
coordinators) the opportunity to brief the
branch chairmen about the offer made by the
Federal Government to revamp the public
universities across the country.
The Federal Government had at the last
Tuesday marathon meeting agreed to inject
N1.1tn into the universities over the next five
years. The money, the Federal Government
promised, would be released at the rate of
N220bn annually starting from 2014.
The Ibadan zone of ASUU held its meeting at
the Federal University Abeokuta on Thursday while that of the North Central Zone took place at the Federal University, Lokoja, Kogi State. Sources at both meetings said that though the union officials were not happy that the N400bn per year they asked for was not granted, they were however happy at the sincerity of purpose displayed by President Jonathan.
Though they expressed varied opinion about
the offer, they were unanimous in commending Jonathan for being the first Nigerian leader to meet with the union.
When contacted, the Coordinator of the North Central Zone, Dr. Suleiman Mohammad declined comments on the meeting. Mohammed, who said he was attending to some pressing issues, said only the ASUU President could speak on the issue. But feelers across the zones, however,
suggested that the lecturers might have
accepted the offer of the government.
Although branch chairmen still have to call
congresses, it was gathered that the union
may have made up its mind to call off the
strike after meeting with the Federal
Government again next week.
A top official of the union said “We are happy
with the humility shown by Jonathan to
personally meet with us. This is the first time a sitting President will meet with the union to
thrash out issues. Members were impressed
with him and the strong commitment that he
displayed. But some expressed fear that the
new deal could go the way of past agreements that were not honoured.

Source - http://www.punchng.com/news/strike-fg-ASUU-meets-again-next-week/

Tecno is set to release another smart phone into the market called "phantom A3"

Source - Tecno mobile Nigeria Facebook page.

Am just trying to imagine how dis boy would look like...

Comment your location, to see who are your neighbour's, here in Nairaland.

Me...
Surulere, Lagos Nigeria