chicoMX:


You may not have issue with NYSC, but you might have issue later. Tell your school to correct the error

Thanks

Good morning everyone.
My middle name on jamb is different from the one on my NOR and senate list.
The one on jamb is spelt as Michael while the one on NOR and senate list is spelt as Micheal.
What can I do

[quote author=mrvitalis post=123199797]
Many Nigerians believe the fallacy investing in Infrastructure drives development ; this is a massive problem ,I believe this started with awolowo and his socialist and the idea stuck ,Baba was building cocoa house , nta ,Nigerian house ...big project that offers no economic benefits...how much does cocoa house generate today ?
Runing government is like running a business ...GDP is likened to business revenue ( turn over ) while government revenue is business profit

None economically viable project are like beautification of your office/business premises , people can say this man has best office space , it's pleasing to the eyes but has little or no impact on your business ...tho they are important, a struggling business like don't need beautification , we need revenue and profit ....we owe too much and can't fund our business expenses so we borrow ....but instead to buy more goods we use it to beautify our office

Nigeria don't need rail lines , we dont need second Niger bridge for now !!! our profits can't even pay staffs yet we borrow to repaint our toilet n change toilet sits to world class ones ,does that make sense ?

You need loan to buy more goods to make more profit .. in government it's creation of new tax payers by providing easy and cheap access to credit in areas you have identified we have a comparative advantage

Let's take lagos to Ibadan rail for example...it cost us about 800 billion plus .... employs less than 3000 people ,still needs government funds to run ... addition to GDP almost zero ,net revenue negative

Now imagine same 800 billion given to banks at an interest rate of say 3% banks to give them out at 10% ...each business has 3 years before loan repayment starts ...

Conditions access the loan
you must a Nigerian or lived here constantly for 15 years

You must be a business that has export potential ( your production cost must be less than international price )

Or

You must be a business that want to produce goods we import at a price less or equal to the products landing cost


You must be willing to employ 50 Nigerians minimum pay should be 300k monthly

You can get 2 billion to 10 billion

Let's say average of 6 billion is given out

133 businesses would be created ... employing minimum of 6666 jobs

If those business make an average profit of 2 billion yearly ...Nigerian profit tax is 20% ....that's a guaranteed 53 billion per year

Employee tax is 15% I think ...that's extra 36 billon per year ...that's 89 billion yearly ... remember after 3 years interest and loans payment starts

Say 40% if the business failed

You still get 53 billion in revenue as a government ....this can comfortably cover for the 40% failure of business n debt servicing would be an issue ...GDP would grow by over 2 billion dollars

But no we built rail

I would bee doing a series on this to defend my ideas ...Nigeria must move from this socialist mindset and be more capitalist to grow [I agree with you totally]

Add link op

Kaduna1stson:
If they like they should bring all their senators to the meeting, we are going to dish orders to them and our herdsmen are not leaving any forests. Ondo state is part of the Oyo empire which Alimi won for us in 1778.

That is one of the reason your region will never see peace again

It's good for someone to be self-employ cos it brings out that creativity that you can't flaunt.

Springboot:
All I see is politics, most killings are orchestrated by opposition party, so sad they are playing politics with peoples lives.

your assertion is morally and politically incorrect.Get your fact right.

Not security alone,your party failed in all indexes of good governance.

It's becoming a recurring decimal.I think the university town need spiritual cleansing.

It is very painful to see this happen in a 21st century university.May God grant the deceased eternal rest.

You are the harbinger of your peoples predicament.

That is good,she lacks moral

WISE TALK

what of ministry of physical and urban planning,this government is totally confuse

Her face resemble monkey

[quote author=EVILFOREST post=79360930][i]Is it because MKO died long ago, that the FG named such a site as GORY as this after him...??
When they named a LIVING SITE after him, people trooped out en masse, and campaigned against it.
DON'T MIND TINUBU AND HIS COHORTS,THEY ARE JUST DECEIVING WE YORUBANS

I still prefer UNILAG to this...
We really need DELIVERANCE in Nigeria.

I miss mo'hit record,their combination was superb.

May God grant her family the fortitude to bear the irrepairable loss.

It is a kind gesture.He is accountable to the bayelsan and not to entire nigeria.

ffo:
This is the picture of one of the projects of our honorable member seeking for speakership of the House of the Representative.

lalasticlala, can you see it.

We are living in big zoo in this country.