₦airaland Forum

Rossiminku:
Does he realise that oil and gas only accounts for 9% of our annual GDP of $450 billion?

https://en.wikipedia.org/wiki/Economy_of_Nigeria

Agriculture is a far bigger contributor to GDP than oil and gas.

And the north is the epicenter of agriculture in Nigeria.

This writer needs to go back to the classroom and learn what it means to contribute to an economy.

QuotaSystem:
Don't mind the ignorant parasites trying to disguise. Ndume was spot on.

Besides that, just take a look at 2019 INTERNALLY GENERATED REVENUE figures and tell me how the SE are not the biggest unproductive parasites in Nigeria that need federal allocation to survive like a fish needs water.

ahiboilandgas:
he graduate of ipob university they think in reserve order. Pls give am some more teaching.

Workch:
who is talking about state revenue now?
Where did this one come from bayi?

I tried putting it so simple for even a simpleton to understand and yet you didn’t get it

No wonder you guys argue a lot over nothing here. It’s hard to educate morons

QuotaSystem:
Keep quiet. Your states are parasitic.

Furthermore.

Workch:
you still didn’t get the point, you very dumb aren’t you?

Ok, go back and read it carefully now or should I translate to moronic language?

QuotaSystem:
Lol don't let me start with you.

If you're too daft to make inferences from my screenshots then I can't help you.

Workch:
sorry, I don’t communicate in moronn, I can bet that you don’t understand the message I was trying to pass.

You just keep firing all cylinders.

See as you jump dey bring data wey no even relate to wetin we dey talk?

QuotaSystem:
You obviously aren't bright. At all. That data was to underscore the unproductive, parasitic nature of the SE.

Now since you need the logic spoon-fed....

In 2020, Nigeria's total oil revenue was N985. 57 Billion.

https://www.google.com/amp/s/www.ceicdata.com/en/nigeria/government-revenue-and-expenditure/gross-federation-account-revenue-oil/amp

In the same year, SE states received a cumulative total of N248. 84 billion (see screenshot).

Now using your unreferenced 1.7% contribution of the region to oil revenue, that would put the total contribution of the region at N16.75 billion.

N248. 84b (received) - N16. 75b (contributed) = N232. 09 billion PARASITIC

I hope you now know the pseudo-intellectual who opened a baseless, senseless, moronic thread.

QuotaSystem:
You obviously aren't bright. At all. That data was to underscore the unproductive, parasitic nature of the SE.

Now since you need the logic spoon-fed....

In 2020, Nigeria's total oil revenue was N985. 57 Billion.

https://www.google.com/amp/s/www.ceicdata.com/en/nigeria/government-revenue-and-expenditure/gross-federation-account-revenue-oil/amp

In the same year, SE states received a cumulative total of N248. 84 billion (see screenshot).

Now using your unreferenced 1.7% contribution of the region to oil revenue, that would put the total contribution of the region at N16.75 billion.

N248. 84b (received) - N16. 75b (contributed) = N232. 09 billion PARASITIC

I hope you now know the moronic pseudo-intellectual who opened a baseless & senseless thread built on outdated, unreferenced stats and cheered by his fellow ignorant goons.

Workch:
So you didn’t see that going by your data, every state was a parasite in 2020 except Lagos, Delta, Rivers and Bayelsa. because they all received more than they gave since oil revenue dropped by 80%?

It doesn’t really take much to interpret data, you just have to remove the moronic cap and think.

So aside from the Covid19 years, can you also give us 2019 figures and what the north has contributed since 1999.

Workch:
Just give us figures from the north. What did the north contribute last year?
Let’s find out the parasite

Workch:
Give is figure from north na?
What Agriculture are you talking about?
What amount does Agriculture brings to the federal pox?
Agriculture that federal government is still funding with oil money via subsidy of fertilizers and donations of GMOs? Lol

In what way is federal government making money in form of Agriculture in Nigeria?

Workch:
So give us the figures from north?

Are you scared?

QuotaSystem:
I don't debate with goal shifters. It's utterly fruitless.

The N232 Billion parasites have been identified.

Good night.

QuotaSystem:
Mind you those figures are based on oil revenue alone.

Non oil revenue (mostly Agriculture which formed part of the over N232 billion SE parasitism fund) came from those "parasitic states" and contributes a significant proportion to our total national revenue.

It usually wouldn't take a lot to extract insights from financial data if only you didn't have the IQ of an autistic donkey.

QuotaSystem:
I don't debate with goal shifters.
Go and open another thread for that.

The N232 Billion parasites have been identified.

Good night.

QuotaSystem:
You obviously aren't bright. At all. That data was to underscore the unproductive, parasitic nature of the SE.

Now since you need the logic spoon-fed....

In 2020, Nigeria's total oil revenue was N985. 57 Billion.

https://www.google.com/amp/s/www.ceicdata.com/en/nigeria/government-revenue-and-expenditure/gross-federation-account-revenue-oil/amp

In the same year, SE states received a cumulative total of N248. 84 billion (see screenshot).

Now using your unreferenced 1.7% contribution of the region to oil revenue, that would put the total contribution of the region at N16.75 billion.

N248. 84b (received) - N16. 75b (contributed) = N232. 09 billion PARASITIC

I hope you now know the moronic pseudo-intellectual who opened a baseless & senseless thread built on outdated, unreferenced stats and cheered by his fellow ignorant goons

Workch:
you are very funny? Lol

Agricultural sector that government still builds irrigation for with oil money?
The other day, ministry of agriculture still claimed to build mosques for herdsmen.

Is it Fulani herdsmen or the Cashew farmers that government is giving free fertilizers or rice farmers that collect GM rice seeds donations that pays Federal tax? Agriculture is taking more money from government than its giving. You only need a slightly below average brain power to know this.
We are not even one of the major exporters of agricultural products in Africa.

Lol

Splendid235:
No need for argument.The north contributes 70 % of Nigeria revenue.Pls we don't want again,let them go,we better die of hunger.Yet they are ready for war to give us their revenue.me I tire ooo

ahiboilandgas:
keep confusing yourself and fellow ipob illiterates .why did u clearly leave grants to the LGA in south yeast state ? Dangote group is the biggest tax payer in Nigeria. NORTHERN FIRM SAVE forex by exporting solid minerals ,soya bean,hide and skin ,groundnuts and other exportable items that save the nation forex unlike yebo people that keep wasting forex in importing fake items into Nigeria in name of business .recently oxygen gas explosion has killed over 10 people in ogun all imported by miscreant called importers .exporting oil is done by white men company .we just earn royalties that not hard work .unlike producing food crop like rice ,millet used by brewers and Milo firm .parasite dont produce tomatos,onion ,maize,beans ,yam ,carrot, green pepper ,beef ,milk in millions of tonnes and ship to your lazy ass down south to consume .

Workch:
You are the ignorant person here, GDP is a representation of the final goods and services produced in a society, this goes beyond federal revenue which is obviously the bone of contention.

You are obviously a product of either Ahmadu Bello or Usman danfodio quota system education but I will oblige your ignorance.

The GDP encompasses trades and services at both states, federal, local government and private levels. Some of the Monies from the GDP activity doesn’t end in the federal account, most of it will go to the private accounts and inform of taxes to states and local governments.

It’s totally different from what we are talking about here. At the end of the day, the northern region is still a parasite as majority of their activities represented in the GDP doesn’t directly benefit the federal account because they don’t pay federal tax.

I will give you an example: Nomadic herding including all the cows in the north is included in the GDP but how does that activity add to the federal pox? They don’t pay tax, they only graze freely and most of their monies goes to private pockets. If oil and gas accounts for just 14% of total GDP and 65% of IGR, it means that Agriculture is not bringing money for government instead it does that for private individuals. Instead government invest money from oil and gas to grow Agriculture. You can’t even interpret figures, as old as you? Lol
Someone that read the way you typed GDP now will think you know what you are talking about.


Northerners are really bad at everything, including analyzing economic data. No wonder the country is in chaos.

QuotaSystem:
http://www.financialnigeria.com/nigeria-s-leather-industry-nexim-bank-and-economic-diversification-feature-413.html

https://nairametrics.com/2020/08/07/nigerias-top-10-agricultural-exports-hit-n289-3-billion-as-sesamum-seeds-cocoa-top-list/

QuotaSystem:
You obviously aren't bright. At all. That data was to underscore the unproductive, parasitic nature of the SE.

Now since you need the logic spoon-fed....

In 2020, Nigeria's total oil revenue was N985. 57 Billion.

https://www.google.com/amp/s/www.ceicdata.com/en/nigeria/government-revenue-and-expenditure/gross-federation-account-revenue-oil/amp

In the same year, SE states received a cumulative total of N248. 84 billion (see screenshot).

Now using your unreferenced 1.7% contribution of the region to oil revenue, that would put the total contribution of the region at N16.75 billion.

N248. 84b (received) - N16. 75b (contributed) = N232. 09 billion PARASITIC

I hope you now know the moronic pseudo-intellectual who opened a baseless & senseless thread built on outdated, unreferenced stats and cheered by his fellow ignorant goons

VillagePipu:
Can you ever type in your life without making stupid grammatical blunders? Even primary schoolkids don't type such evil stuff.
The funny thing is you are saying someone "graduate of" (sic) Ipob University.

ahiboilandgas:
sorry I never knew u where a silly person ....good bye und To Become A Religious Person. by Workch: 10:35am On May 23
I really do not see the moral ground to become a Christian or a Muslim.

What is it that I do that religious people don’t do on moral grounds?

Fornication
Lying
Killing
Adultery
Coveting
Etc

Religious people, especially Christians are As sinful as an average atheist and when they do it they hide under the tone of grace to commit

Workch:
I usually do not make posts on nairaland politics section but I have to address this charade of Senator Ndume as regards undermining the the contributions of southeast in Nigeria. I’m going to do this with Figures vis-à-vis the figures come north to show that northerners are conning people into staying in Nigeria, which is obviously failing.

Oil revenue and other
In 2017, the NBS released oil revenue figures of all Nigerian oil producing states which totals 32billion USD, assuming that we share the sentiment of subtly dissociating igbos in southsouth from their counterparts in Southeast, IMO and Abia combined accounted for 1.7% of this revenue, 1.7% of 32billion is 544million USD. It means that Imo and Abia brought 544million USD to Nigeria in 2017.

In this same year, southeast states received a total federal allocation of 152.9billion which is 459.1million USD using 333per dollar rate as it was obtainable in 2017.

Imo and Abia alone made 544million USD, this figure indicates that south east actually generated their own federal allocation. This cannot be said about the north’s humongous allocation, they feed from other south southern states


This will help create a picture to help you see who steals from who? Southeast earned every allocation they get, north steals from southsouth.
This is clearly seen as the total revenue generated in 2017, 65% of this was from oil while a substantial remaining Came from Lagos ports and business which igbos also contributed a large stake in terms of Importations of goods and federal taxes. Northerners don’t do importation a lot and they don’t have business paying taxes a lot.

We can hardly see the contribution of the northern states and their people here vis-à-vis the amount they get in term of allocations.


I am not an Igbo guy but it’s totally irrational to think that north is not the parasite here. They never earn whatever they get in Nigeria.

As matter of fact, aside Lagos and maybe ogun state and the oil producing states, other states include all 19northern states are parasites. None of them earn whatever they get.

ahiboilandgas:
all the sugar cane plantation and proessing firm are located in the North. Without sugar several firm like coca cola will be out of business , all the wheat farm are located in the North. This mean that bread ,cakes ,pie etc cannot be made ,The brewery depend on raw materials from the North (Millets and sorghum) to make beers, milo etc. I know u don't know all this stuff. Stop lying to your people

Difrent:
that's about 60% contributions to GDP..

Difrent:
You gave statistics to back up oil revenue from the south but REFUSED to provide any data to prove that the north is not contributing as much as the east.......you want to appear as objective and unbiased but you did a half job, provide statistics for the revenue generated from the north......nbs can help you .
THE NORTH ACTUALLY CONTRIBUTE MORE THAN THE SOUTH EAST......the bulk of our solid minerals is in the north ,minerals used in oil industry like barite abound in the north , the north is the food basket of the nation (that's about 60% contributions to GDP, can the way beat that?) And most importantly CATTLE AND ITS BY PRODUCTS..like hides and skin , milk , bone etc