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Nairaland Forum / Nairaland / General / Politics / Reply To Ndume: North Is Obviously The Parasite. (4385 Views)
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Re: Reply To Ndume: North Is Obviously The Parasite. by Collyweed: 9:28am On May 25, 2021 |
QuotaSystem: You should check your numbers again ( unless you’re obfuscating intentionally). The N982Bilion was for December,not the entire year. Meanwhile, you’re comparing this with FAAC allocation for the entire year. 1 Like |
Re: Reply To Ndume: North Is Obviously The Parasite. by adamx23(m): 9:33am On May 25, 2021 |
NimrodEndOfDays:So with all your smarts, you cannot outwit illiterates that were imposed on you?? Hahahaha. These people are really dumb.. 3 Likes 2 Shares |
Re: Reply To Ndume: North Is Obviously The Parasite. by FreeIgbos: 9:35am On May 25, 2021 |
Workch: That dude you quoted is a quota system, half educated Malo who is intellectually handicapped. Reading his posts is always a comic relief to me how someone can be saying rubbish with so much confidence |
Re: Reply To Ndume: North Is Obviously The Parasite. by QuotaSystem: 9:38am On May 25, 2021 |
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Re: Reply To Ndume: North Is Obviously The Parasite. by FreeIgbos: 9:41am On May 25, 2021 |
adamx23: There is nothing smart in impoverishing millions of Northerners and using them as tools to destroy Nigeria just to ensure you remain in power. You're obviously living in a fool's paradise since you can't see that your stranglehold on other Nigerians is fast unraveling. Nigeria of today is not the Nigeria of yesteryears when you used anarchy to force others into submission, Southerners and the middle belt are now fed up and are now systematically working to cut you guys loose. 2 Likes |
Re: Reply To Ndume: North Is Obviously The Parasite. by QuotaSystem: 9:48am On May 25, 2021 |
Collyweed: In Dec 2020, South East received N19.92 billion - N16.75b = N3.17 billion Parasitic for December alone. https://nairametrics.com/2021/02/11/faac-disburses-n601-1-billion-to-fg-states-and-local-govts-in-december-2020/ QuotaSystem: 2 Likes 1 Share |
Re: Reply To Ndume: North Is Obviously The Parasite. by Workch: 9:58am On May 25, 2021 |
ahiboilandgas:That feeds them and not the federal govt account. Oil is still Nigeria server, remove oil, Nigeria will be poorer than Niger and Mali. Which mumu Agriculture are you talking about? 2 Likes |
Re: Reply To Ndume: North Is Obviously The Parasite. by Workch: 10:01am On May 25, 2021 |
OrganicsHub:Agricultural exports are not done by the government, they are hugely done by individuals Nd firms. Government collects duties. Whatever that aboki and indeed you omo ale are talking about is out of place. The only product in Nigeria sole exported by government and 100% revenue goes to the government is crude oil. |
Re: Reply To Ndume: North Is Obviously The Parasite. by OrganicsHub(m): 10:37am On May 25, 2021 |
Workch: Simple Question. Shebi you claim to be educated? What do you understand by GOVERNMENT REVENUE? 1 Like |
Re: Reply To Ndume: North Is Obviously The Parasite. by SouthSouth1914: 10:37am On May 25, 2021 |
Workch: Great analysis and kudos to you! Your analysis is simple mathematics but could be complex for some! Just like the almajiri questioning data without sense! Even these data/analysis can even help the federal government to reroute resources to resourceful areas of the economy if they have sense and also if we were running a sane government structure! Is it not laughable and senseless to read that 80-85 percent of budget is gulped by recurrent expenditure! What is left for capital expenditure/projects? Nigeria is sham and a geographical mistake! |
Re: Reply To Ndume: North Is Obviously The Parasite. by Workch: 10:42am On May 25, 2021 |
OrganicsHub:Why must you ask silly questions? I can just go and get this from google Even if I don’t know it. |
Re: Reply To Ndume: North Is Obviously The Parasite. by Rawani: 10:49am On May 25, 2021 |
SouthSouth1914: Bros what are you saying? Does the FG earn revenue from leather exports or not? What about cocoa? Finally does it earn any forex revenue which stabilises the Naira? It seems some of you are confusing GDP activity/contribution with actual government revenue. 1 Like |
Re: Reply To Ndume: North Is Obviously The Parasite. by OrganicsHub(m): 10:53am On May 25, 2021 |
Workch: Good. I have helped you get it from Google. Now, If government reports that it has received 5 naira as REVENUE, how much has entered govt. accounts?
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Re: Reply To Ndume: North Is Obviously The Parasite. by Workch: 11:10am On May 25, 2021 |
OrganicsHub:What point are you trying to make? |
Re: Reply To Ndume: North Is Obviously The Parasite. by NimrodEndOfDays(m): 11:13am On May 25, 2021 |
adamx23:This is the foundation the British laid out for you bruh. Having ruled this country for donkey years, what can you say are the areas that the Northerners have improved themselves apart from looting public Treasury and terrorism? Can you survive without Nigeria? 1 Like |
Re: Reply To Ndume: North Is Obviously The Parasite. by OrganicsHub(m): 11:24am On May 25, 2021 |
Workch: That your claims are patently false. You don't know what you're saying. You claim that reported government revenue from agriculture does not enter government accounts.How does that make sense? Pay attention to the word revenue. 1 Like |
Re: Reply To Ndume: North Is Obviously The Parasite. by Workch: 11:34am On May 25, 2021 |
OrganicsHub:The reported figures for agriculture are in export volumes not particularly government revenue. The figure presents the volume and the worth of the exports by the agricultural sector, not how much government generated from it. For example, if I own a cocoa farm and willing to export 2tons for N4million to Kenya, the volume and worth will be reported but if government charges 10% tariff on every export made, I will only remit 400k to government account. They are two different stuffs. Government can only charge duties and taxes from that volume. Is that big to understand? 2 Likes |
Re: Reply To Ndume: North Is Obviously The Parasite. by SouthSouth1914: 11:36am On May 25, 2021 |
Rawani: We are talking about revenue earned directly into the Federation Account. According to the Nigerian Export Promotion Council, cocoa products account for over $800 million in exports for Nigeria, with cocoa beans making up about 90% of that. This is the market cap of the cocoa industry, and it has been decentralized! Technically, the Nigeria Government do not export cocoa per say, they do it through different proxies hence FX is not directly paid into the Federation Account. Please be guided, we are not talking about IGR from States paid to the Federal Government. You must be able to differentiate FX from Internal Generated Revenues. Cheers 2 Likes |
Re: Reply To Ndume: North Is Obviously The Parasite. by NengiWIDEtoto: 12:23pm On May 25, 2021 |
ahiboilandgas:are you trying to shift the goal post or something? Who talked about productivity or hardwork? |
Re: Reply To Ndume: North Is Obviously The Parasite. by NengiWIDEtoto: 12:25pm On May 25, 2021 |
adamx23:gbef.. Ur own hypocrisy dey scent.. Ur brain is not only empty but decayed. |
Re: Reply To Ndume: North Is Obviously The Parasite. by OrganicsHub(m): 1:06pm On May 25, 2021 |
Workch: I quite understand the concept. However the mistake you're making, is that the Government in the case of leather that the other poster brought which clearly stated the REVENUE (Duties, Levies, Taxes) it received (generated) and not the trade volume. I've helped to attach the screenshot from the other page. There is a BIG difference between Revenue and Trade Volume. Do you now understand?
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Re: Reply To Ndume: North Is Obviously The Parasite. by Workch: 1:08pm On May 25, 2021 |
OrganicsHub:Export revenue, didn’t say in terms of duties. Revenue means, what it brought to the economy and not federal account. Do you get it now? 1 Like |
Re: Reply To Ndume: North Is Obviously The Parasite. by OrganicsHub(m): 1:14pm On May 25, 2021 |
Workch: Wrong. That is not the meaning of revenue. I knew you had a poor understanding of the word "revenue" and that's why I started by asking you to define your understanding of the word. Here is my knowledge and understanding of the word Revenue. Government revenue or National revenue is money received by a government from taxes and non-tax sources to enable it to undertake government expenditures. There is a BIG difference between a sector's GDP Contribution into the economy (what you're describing) and actual Government Revenue from exports. Show us your own definition/understanding and where you got it from. 2 Likes
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Re: Reply To Ndume: North Is Obviously The Parasite. by adamx23(m): 1:20pm On May 25, 2021 |
NimrodEndOfDays:But e dey pain you say no be you dey loot am. .. Anyway, keep wailing about being marginalized.. That's your MO.. 1 Like |
Re: Reply To Ndume: North Is Obviously The Parasite. by adamx23(m): 1:23pm On May 25, 2021 |
FreeIgbos:You guys are simply just delusional.. Who's strangleholding Nigeria?? Play politics and win stuff and don't just expect to be spoon fed. The north doesn't owe you shit. We worked hard for the position we occupy today in Nigeria.. Use your pseudo wits and intelligence to also play politics and grab power, and stop crying like a broken hearted girl. 1 Like 1 Share |
Re: Reply To Ndume: North Is Obviously The Parasite. by Workch: 1:41pm On May 25, 2021 |
OrganicsHub:lol, go and browse export revenue and come back. I’m going to give a scenario to help you get this better; in 2019 Nigeria generated 3.5trillion naira as revenue. Majority of this revenue Came from oil and gas, corporate income tax, social insurance taxes, individual taxes and just 5% was from other revenues. Other revenues includes: estate and gift taxes, customs duties, earnings from the Federal Reserve System, and various fees and charges. Obviously this tax is where the agricultural export duties fall into. 5% of 3.5trillion is 175billion, so how can only Agricultural export generate 280billion duties for government? Majority of the custom duties come from importation and I think it didn’t even generate up to that amount. We have not even added all other taxes in this category Think am well na When they give you figures of export, they are not telling you how much government made from it but rather the amount in volume and amounts that left that country. 1 Like |
Re: Reply To Ndume: North Is Obviously The Parasite. by amazingspiderma: 2:00pm On May 25, 2021 |
Workch: If you do a detail analysis, then you will see that most person income tax come from productive individuals. Most of the IGR from the Southeast are solely from indigenous businesses and person income taxes. However, it is also a know fact that even the gaints figures posted by other states are influence significantly by the personal income taxes of the Southeasterners in those locations. |
Re: Reply To Ndume: North Is Obviously The Parasite. by NimrodEndOfDays(m): 2:12pm On May 25, 2021 |
adamx23:pain me? Seriously? Does it look as if the Igbos experienced war? Dude.....use your brain na |
Re: Reply To Ndume: North Is Obviously The Parasite. by OrganicsHub(m): 2:24pm On May 25, 2021 |
Workch: Why would a govt expressly over-report and state that it generated revenue (pay attention to those words) of Bleep amount off the trade of a product, if it only earned marginal levies on that product which was less than that amount? It doesn't make sense. Again you are confusing export volume with export value. Common mistake. Lastly, what is your opinion on the role of our forex generating Agricultural exports on economic and fiscal stability? 1 Like
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Re: Reply To Ndume: North Is Obviously The Parasite. by Igboid: 2:24pm On May 25, 2021 |
Workch: Interesting. What this shows is that Igbo republic is much viable without Minorities. Once we get our Igbo people in Obiigbo and Egbema on board and get Enuani on board. We offset the Deficit in FG allocation immediately. And we would still be sitting on gargantuan untapped natural gas reserves in Abia, Imo and Anambra to extract and even add more to our revenue generation. Oil exploration in SE has even been very poor. In BIAFRA we would intensify the effort in crude oil potentials of LGAs like Ugwunagbo and Ukwa East in Abia that have shown big promise, in Ohaji and Oguta LGAs of Imo, in Ogbaru, Anambra East, ANAMBRA west, and Ayamelum of Anambra, etc. I'm sure we would find enough to quickly get more than we are currently getting from FG. With an international airport of our own, more forex poured into the country by our humongous and resourceful diaspora population. Omo! Biafra is very very viable without Minorities. With Fulanis rounded up and sent to MALI, we can finally revolutionize our agricultural sector form of high tech agricultural system like they have in Netherlands and even earn more revenue. And we haven't even started talking of the skill capacity of Aba and industrial capacity of Nnewi. Innoson can be given all the support and power to become a truly global leading brand in technology. They can even be helped to diversify to other home electronics like refrigerators, TV, etc. Improving our balance of trade in the process as we would import less things from outside Igboland, ensuring a very strong Biafra pounds. The potentials of independent republic of Igboland, aka Biafra is mind-blowing. Someone should show IPOB and co this. 2 Likes |
Re: Reply To Ndume: North Is Obviously The Parasite. by Workch: 2:31pm On May 25, 2021 |
OrganicsHub:Theres nothing in your articles that explicitly says that government generated 280billion from duties of agricultural export. It doesn’t even just make sense to think that it can be achievable in Nigeria currently. What it means that if government charges 5% tariff which is 280million then we exported about 5trillion worth it Agricultural products. Haba, does that make any sense? 1 Like |
Re: Reply To Ndume: North Is Obviously The Parasite. by OrganicsHub(m): 2:33pm On May 25, 2021 |
Workch: Read carefully. Take note of the words "generated, export revenue" and look at the definition again.
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