₦airaland Forum

eejo:
Without Niger Delta Oil revenue both Oduduwa and Biafra will be poor like Arewa after Nigerian break up. Nigerians need to come together and save their country rather preaching division. There is strength in unity.

hope u know that there's oil in IMO STATE AND ABIA they're among the states that made up the so called NIGER DELTA so do ur findings my dear educated illiterate

BerryP:
The current fiscal structure of the country is not sustainable my brothers and sisters. It's time for the fiscal restructuring of the nation.

Many great countries including the United States were built on the foundation of their founding fathers.

The case is the opposite for Nigeria where our leaders departed a long time ago from the foundation of fiscal federalism (regions generating revenue and disbursing to the Federal Government) established by our founding fathers. We as a nation moved from that foundation to build on sinking sand; now the building looks like it will fall with a big bang. WE NEED TO GO BACK TO THE FOUNDATION OF OUR FOUNDING FATHERS WHICH IS FISCAL FEDERALISM OR WE ARE FINISHED AS A NATION.

the whole country revetered to dependence on the oil in the niger delta. When it all implodes we will find ourselves on ground zero..

I expect our senate leadership and all to be pushing for fiscal federalism.. we'll when it all crumbles I should have been out of this of country..

Princedapace:
Lies bro.

There is something about human resources. Those two regions will do well. They have the human resources to do so. That is why even in other countries, they win awards in many fields.


The current system makes states lazy. Why should I work when I can get free money? No one will actually. Take the oil away and let all regions tap into their natural blessings. There are so many ways to make money as a country without oil.

Don't mind that Fulani herdsman unity beggar

eejo:
Without Niger Delta Oil revenue both Oduduwa and Biafra will be poor like Arewa after Nigerian break up. Nigerians need to come together and save their country rather preaching division. There is strength in unity.

This isnt meant to be an insult, please.
Your slavish mentality reeks to the high heavens bro.
You come across as someone that will stay in his comfort zone as long as you keep getting peanuts from your task masters. Re-educate yourself!

Ask yourself one question. How do seemingly lesser countries in Africa do well without oil money that the Niger Delta has? How come Ghana, Kenya, Mozambique etc are thriving without oil?

Both Odua and Biafra will excel beyond your worst fears.

eejo:
Without Niger Delta Oil revenue both Oduduwa and Biafra will be poor like Arewa after Nigerian break up. Nigerians need to come together and save their country rather preaching division. There is strength in unity.

Friend, kindly explain to me the natural resources of Japan, South Korea and Germany! Your response will assist to butress your submission on the unity of the failed and expired contraption, please!

Viktoro1:
Where is the strength?
For over 100 years of togetherness, how far have we gone. Is better you call a spade a spade. Before the discovery of oil, each zone managed her resources in a way that it generated revenue for them. After oil was discovered, Nigerians now forgot what feed them before the discovery of oil.

God bless you my brother

make dem kuku sell this country and give me my own share I want to go back to my village

GidiCars:
It's the same YORÙBÁs that's saving your brothers life in the East cause left to you, Biafra would be a shithole. If Igbo lands were buoyant, you won't be running upandan to other regions.

Seems you lots didn't learn from the mistakes of your forefathers. You know what they say about history, it'll always repeat itself.


Hope you won't cry foul this time when we give you the Ghana/South Africa treatment. You're not from around here, and you never will be.

you've got so much anger and bitterness in you. I hope you've eaten?

eejo:
Without Niger Delta Oil revenue both Oduduwa and Biafra will be poor like Arewa after Nigerian break up. Nigerians need to come together and save their country rather preaching division. There is strength in unity.

THERE IS NO STRENGTH IN UNITY AT ANY GIVEN TIME IN NIGERIA.

This is because the north had always opposed the south in all major policy for example, the north claimed they were not ready for Independence when the south wanted Independence. That confusion brought by the north drag the Independence to 1st October, 1960 when in actual fact we were supposed to have gotten Independence in 1956.

Coming to the crude oil era, It was all monkey dey work, baboon dey chop episode we have all had since the discovery of crude oil in commercial quantity by Shell d arcy in oloibiri in present day Bayelsa state in 1956.

Each state must struggle to generate revenue to sustain itself whether you are selling chewing stick or puff puff it does not matter.

Zamfara state that discovered gold is playing the ostrich they still have their eyes glued on Niger delta crude oil money.

Governor Mattawalle that was praised for identitying gold as a means of developing his own state have been advised by the Northern elites to hide the gold.

eejo:
Without Niger Delta Oil revenue both Oduduwa and Biafra will be poor like Arewa after Nigerian break up. Nigerians need to come together and save their country rather preaching division. There is strength in unity.

Biafrans will always survive on their own, it's their second nature.

Sammy07:
No mind him.
The truth is.
Igbo guys don't like anything that doesn't generate cash easily

I school in UNN I know wetin I dey talk.
How many of them do,you see in Agricultural sector?

They knew agricultural sector doesn't generate money easily you'll have to wait longer.

E.g
Cocoa, cashew grow in a space of 2 - 3yrs.
Nah Igbo man go wait for that?
Lol, instead he will use the money to est. Business and be running it to generate day to day cash.

Its all win win tho.
At least dem better pass those Mugu In the North. And they're productive with human resources.
Their tax are also being used wella by the respective state they found themselves.

But hausa and Fulanis?

As long as they're recognised as foreigners and they won't be allowed to vote in our region, they can stay. If they mess up, we report them.

We don't want outsiders voting in YORÙBÁ lands. Only YORÙBÁs should vote. Anyone not happy with this should go back to their region.

eejo:
Without Niger Delta Oil revenue both Oduduwa and Biafra will be poor like Arewa after Nigerian break up. Nigerians need to come together and save their country rather preaching division. There is strength in unity.

Come together when Arewas are being given juicy appointments and marginalising the side where oil is being explored.

People are dying every single day yet the president refused to do something

PussyKing:
don't hide please come out

That Maga is very selective of threads he visits. Most likely looking for where to shout Darling Daddy or abuse Ipobs.

omoluka:
Don't mind that Fulani herdsman unity beggar

It is sourthern Nigeria that gave them the mouth.

If southern Nigeria is united to fight them off, there is no way they would win. Normally, they arent meant to be ruling this country becus they are not mentally competitive. But since southerners, including our politicians are so unreasonable, north will continue to rule Nigeria and Nigeria's southern Youths will continue to run away from Nigeria. In 50 years to come, most southern states will be occupied by northerners.

Cut down the number of political appointees and also reduce salaries and allowances of political office holders. Channel the funds to capital expenditures.

yanabasee1:
[s]FG asking all it's staff to work from home and they're being paid for doing nothing....


Because of Covid-19....The FG needs more workforce to be able to generate revenues and not to keep workers at home[/s]....


For almost two years now, FG workers have been at home....

does this nonsense even make sense to you ? A government that chases away both local and foreign investors with policy flip flops and zero ease in doing business should accept whatever it sees

eejo:
Without Niger Delta Oil revenue both Oduduwa and Biafra will be poor like Arewa after Nigerian break up. Nigerians need to come together and save their country rather preaching division. There is strength in unity.

Friend, kindly try your utmost best to explain to us on this fora the natural resources of the following nations: Taiwan, Japan, Germany & South Korea!
For your information the failed & expired contraption is already on self implosion, mode!

eejo:
Without Niger Delta Oil revenue both Oduduwa and Biafra will be poor like Arewa after Nigerian break up. Nigerians need to come together and save their country rather preaching division. There is strength in unity.

How will nigerians come together? If there's "strength in unity", y hasn't it ensured that d country doesn't experience revenue shortage? Are u advocating unity so that oduduwa& biafra won't be poor like arewa, or u advocating unity for its benefits?

africandollar:
Disaster looming! This could mean Obaseki wasn't lying when he said FG printed N60bn to share in March!

Isn't it madness to be sitting in the midst of plenty and yet be perpetually impoverished? Maybe a Chinese invasion is what we should be expecting next now?

I knew he wasn't lying from the onset. I know truth when I see it.
Also Pantami is an Islamic fundamentalist. No doubt

Governor Obaseki revealled that the federal government is borrowing far too much while the Nigeria state is not getting the needed revenue because the big power house in the crude oil industry like Shell, Chevron are moving to alternative energy and also leaving Nigeria.

He also revealed that the federal government printed currency to the tune of 50-60 billion naira and shared to states as federal allocation for March which if not stop could result in hyperinflation.

Governor Obaseki sighted cases of Argentina.

But the federal government officials started playing politics and calling Obaseki names that he is not saying the truth and that the federal government did not print any currency.






https://www.youtube.com/watch?v=PDmQ2N7YlX0

Everytime borrow borrow,FG will one day borrow from dead bodies n mortuary attendants.

Gradually, the yielding point is tending towards breaking point for the Sun to rise.
"Onyi iberibes" cannot survive without money from the south. It is a welcome development that liberty to God's people will be attained sooner than expected.

The simple reason why states don't have enough money

1.All states rely on revenue from oil, and the oil we produce earns enough revenue to sustain a nation of 20 million people, not 200 million people...unless the oil price is above $134 per barrel (which is not going to happen even if we all fast and pray for the next 5 years)

2.All states have low tax to gdp ratios. No state has a tax to gdp ratio above 4%. At the federal level it is 6% We don't notice it because we use loans and revenue from oil when oil is sky high to cover the cracks.

3.As the BBC put it, 30% of the people who are supposed to pay taxes pay taxes. When your tax revenue is low, your overall revenue is low.

4.State civil services are bloated because the only way governors can be seen to be 'performing' is by creating more jobs...in the civil service, often at the expense of the state treasury (and governors who try to reduce civil service numbers soon find, as a former governor of Osun found out...that it means you get voted out come election day...even if you have a good explanation why)

5.We are not an industrial nation...meaning we cannot export goods and services whose prices we control. We are a resource dependent naiton, dependent on resources whose prices we don't control. And when the price of the resource we sell falls...as has been happening with oil since 2014...we end up losing lots of cash.

The solution is

1.Short term, we have to remove subsides, and expand the tax base(expand the tax base, not raise taxes). Even if it means a flat tax of 10% of montly income for everyone, inclucing street beggars...so be it.

2.Long term, we have to take the hard way of prosperity, by becoming industrial....and becoming an exporter of induatrial goods. It isn't just by building factories....the factories themselves must export goods for lots of cash.

Modified: Here is an excerpt from a BBC report from 2019(source here)

In 2018, 19 million Nigerians paid into federal or state coffers, according to government data.

A World Bank report in that year put the country's economically active population at 65 million - so even with rising numbers of taxpayers in recent years, that is still less than 30% paying tax.

The government has been going after individuals that it believes are liable for tax and have not been paying.

Two years ago, the country offered a 12-month amnesty for Nigerians to declare and pay taxes on all previously undeclared income and assets to avoid penalty payments and possible prosecution.

A World Bank report last year said this was only partly successful with just 8% of the target achieved by the end of the amnesty period.

However, many Nigerians will be reluctant to pay taxes because of concerns the money raised may be siphoned off instead of being spent on health, education and other public services.

A time was when the naira was on par with the British pound and was worth twice the value of the US dollar, a time before the exploration of oil and subsequent 'rape' of the birthright of the Niger Delta peoples.

A time when the brute force of the collective strength of the Northerners excelled in agriculture, a time when the industry of the SouthEast was unmatched, a time when the administration and creativity of the West was world class.

Each region was renowned worldwide for something positive at the time. I remember the
'great' pyramids (groundnuts) in Kano, the vast oil-palm plantations of the East, and the cocoa farms of the west. We were the world's top producers/exporters of these cash crops @ the time, a time before oil.

My point in a nutshell is the discovery of oil 'cursed' the land in more ways than one.
Please dont tell us we have to be dependent on Niger Delta oil to thrive as individual nations, we are tired of that lie. I am tired!

Akalia:
Slash a huge chunk off the salaries of politicians occupying government positions, then inject the recovered funds into the economy. It's as simple as that.

They wouldn't do that o.. Greedy selfish people

ThatFairGuy1:
It's getting dawn on us. May we be safe.


Mocking Nigeria won't safe you above me either from its effect.


You all can continue fooling yourselves unknowingly

They'll never do that until they're being attack by the masses




Shush please

Why shush him? Has he said anything far from the obvious?
Has Buhari mitigated or aggravated Nigeria's problems since he came into office?

igboyoruba:
A time was when the naira was on par with the British pound and was worth twice the value of the US dollar, a time before the exploration of oil and subsequent 'rape' of the birthright of the Niger Delta peoples.

A time when the brute force of the collective strength of the Northerners excelled in agriculture, a time when the industry of the SouthEast was unmatched, a time when the administration and creativity of the West was world class.

Each region was renowned worldwide for something positive at the time. I remember the
'great' pyramids (groundnuts) in Kano, the vast oil-palm plantations of the East, and the cocoa farms of the west. We were the world's top producers/exporters of these cash crops @ the time, a time before oil.

My point in a nutshell is the discovery of oil 'cursed' the land in more ways than one.
Please dont tell us we have to be dependent on Niger Delta oil to thrive as individual nations, we are tired of that lie. I am tired!

Even if we go back to Agriculture, it does not change the fact that the prices of our agricultural products, like oil, are not controlled by us, they are controlled by external factors.If the price falls below a certain level, we would still be rushing to take loans.

As an example...between 1977-78, Uganda had a coffee boom...high coffee prices meant that Uganda had a lot of frex...and the high prices came from agricultural disasters affecting the coffee crop in other countries. Once the edisasters passed....Uganda was back to square one.

All of Africa's agric producers are like Nigeria reilant on loans and foeign aid for survival because the price of the agricutural produce are usually not enough to sustain these countries.

What Nigeria needs to do to be proseprous...is simple...use its raw materials...oil inclusive...to make exportable industrial products. That is what proseprous countries do.

The 1960's were not necessarily a good time. Yes, agric, but most poeople were not rich and it was an educated urban elite that benefitted most from the revenue we earned from agric.(And our populaiton is much higher than in 1963 these days, and most of these people, even in the North, don't want to be famrers. Also we don't have the guaranteed markets of the 1960's,,....infact they were gone by thge 1970's. We used oil money to hide the problem...countries like New Zealand had to go thtrhugh some tough times and major changes in the 1970's)

Also, agric works if you mechanize it. Agricultuire in Nigeria is not mechanized at all.

I have read so many ignorant comments quoting my response on Nigerian unity. The current generation of Nigerians doesn't understand how the world works and I wish them well. I wish the division happens but the World super powers are not interested anymore in Nigeria case and the Arab Countries are ready to support their brothers in the North to avoid Sudan situation. I will be watching the drama from Europe and I wish all Nigerian Youths good luck as they seek division.

#End bad government coming soon!

Sammy07:


I challenge you that you don't produce more agricultural products than South west.
Poultry
Fishing
Pigs rearing
Rabbits rearing
Tomatoes productions
Vegetables
Cocoa
Palm oil (probably Only IMO and Edo/akwaibom can have a edge against us)

List them.


What about textile and clothes production?
Lol, do you guys produce clothes in the East?
Lol, you guys self.


Business is not only buying and selling of electronics and second hand clothes.

With all the whole rabbits and cocoa you produce, can you afford one electronic product in alaba?
Oga shift one side joor