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See What Kazakhstan Does With Part 17% Of Its Oil Revenues - Foreign Affairs - Nairaland

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See What Kazakhstan Does With Part 17% Of Its Oil Revenues by stevnwigw1: 6:18pm On Sep 21, 2022
Kazakhstan pays some part of its oil revenues to the personal account of citizens 18 years below. Go and verify.

5 Likes

Re: See What Kazakhstan Does With Part 17% Of Its Oil Revenues by MrBrownJay1(m): 6:32pm On Sep 21, 2022
must be sons or daughters of the polithieves...
Re: See What Kazakhstan Does With Part 17% Of Its Oil Revenues by rusher14: 6:53pm On Sep 21, 2022
Kazakhstan has 1/10 of Nigeria's population and produces as much oil.

As of today, they even produce twice as much oil.

Try putting things in perspective before going on your "Woe is me" dirge.

9 Likes 1 Share

Re: See What Kazakhstan Does With Part 17% Of Its Oil Revenues by stevnwigw1: 6:56pm On Sep 21, 2022
rusher14:
Kazakhstan has 1/10 of Nigeria's population and produces as much oil.

As of today, they even produce twice as much oil.

Try putting things in perspective before going on your "Woe is me" dirge.
your wicked Fulani government will always shift the goal post

12 Likes

Re: See What Kazakhstan Does With Part 17% Of Its Oil Revenues by stevnwigw1: 6:57pm On Sep 21, 2022
If they can't be faithful with little, either will they when you give them the world.
Re: See What Kazakhstan Does With Part 17% Of Its Oil Revenues by rusher14: 7:03pm On Sep 21, 2022
stevnwigw1:
your wicked Fulani government will always shift the goal post

Wicked how?

If only your parents had given birth to only 1 child instead of 10, perhaps our oil resources would have been enough to sustain the population.

9 Likes 1 Share

Re: See What Kazakhstan Does With Part 17% Of Its Oil Revenues by stevnwigw1: 7:08pm On Sep 21, 2022
rusher14:


Wicked how?

If only your parents had given birth to only 1 child instead of 10, perhaps our oil resources would have been enough to sustain the population.
who talk that thing?
Re: See What Kazakhstan Does With Part 17% Of Its Oil Revenues by stevnwigw1: 7:09pm On Sep 21, 2022
rusher14:


Wicked how?

If only your parents had given birth to only 1 child instead of 10, perhaps our oil resources would have been enough to sustain the population.
what happens if you select one people from each family to be paid that way monthly, what will happen?

2 Likes

Re: See What Kazakhstan Does With Part 17% Of Its Oil Revenues by rusher14: 7:11pm On Sep 21, 2022
stevnwigw1:
what happens if you select one people from each family to be paid that way monthly, what will happen?

People would kill each other so they would be that one.

Sigh.

1 Like

Re: See What Kazakhstan Does With Part 17% Of Its Oil Revenues by GamalNasser: 7:16pm On Sep 21, 2022
I am not a supporter of mindless welfarism under any guise

1 Like

Re: See What Kazakhstan Does With Part 17% Of Its Oil Revenues by stevnwigw1: 7:24pm On Sep 21, 2022
rusher14:


People would kill each other so they would be that one.

Sigh.

keep shifting the goal post, as usual, you think you are wise.

2 Likes

Re: See What Kazakhstan Does With Part 17% Of Its Oil Revenues by rusher14: 7:24pm On Sep 21, 2022
stevnwigw1:
keep shifting the goal post, as usual, you think you are wise.

You think you are dumb?

3 Likes

Re: See What Kazakhstan Does With Part 17% Of Its Oil Revenues by stevnwigw1: 7:25pm On Sep 21, 2022
GamalNasser:
I am not a supporter of mindless welfarism under any guise
but you will support it when one man packs the money

2 Likes 1 Share

Re: See What Kazakhstan Does With Part 17% Of Its Oil Revenues by BloomingDale(f): 7:26pm On Sep 21, 2022
We can achieve the same if we separate from the parasites sucking us dry.

2 Likes

Re: See What Kazakhstan Does With Part 17% Of Its Oil Revenues by LikeAking: 7:54pm On Sep 21, 2022
stevnwigw1:
Kazakhstan pays some part of its oil revenues to the personal account of citizens 18 years below. Go and verify.

Whats the population of Kazakhstan?

Those are small countries and the oil is virtually every were.

Imagine if one of the oil producing states in Nigeria was a country? They will do the same.

Forget corruption the budget of Naija is too small...

5 Likes 1 Share

Re: See What Kazakhstan Does With Part 17% Of Its Oil Revenues by Igbodicool(m): 8:02pm On Sep 21, 2022
Such cannot happen in the British lame duckling of a country calling itself giANT of Africa.


Oil money is a big curse to them!
After 60years of independence they are still backward as never before.
Re: See What Kazakhstan Does With Part 17% Of Its Oil Revenues by rusher14: 8:28pm On Sep 21, 2022
BloomingDale:
We can achieve the same if we separate from the parasites sucking us dry.

So Anambra state can do so?

1 Like

Re: See What Kazakhstan Does With Part 17% Of Its Oil Revenues by Arda1000(m): 8:30pm On Sep 21, 2022
rusher14:


Wicked how?

If only your parents had given birth to only 1 child instead of 10, perhaps our oil resources would have been enough to sustain the population.
no I’d say if the regions with the oil had their own country, no parasites from Waste or North reaping from where they did not sow

3 Likes

Re: See What Kazakhstan Does With Part 17% Of Its Oil Revenues by rusher14: 8:33pm On Sep 21, 2022
Arda1000:
no I’d say if the regions with the oil had their own country, no parasites from Waste or North reaping from where they did not sow

Or East na.

By the way, Ondo and Lagos state produce oil.

2 Likes

Re: See What Kazakhstan Does With Part 17% Of Its Oil Revenues by Nobody: 8:36pm On Sep 21, 2022
Why not check their population first? Any small thing you people will be comparing

1 Like 1 Share

Re: See What Kazakhstan Does With Part 17% Of Its Oil Revenues by Perfectbeing(m): 8:52pm On Sep 21, 2022
stevnwigw1:
your wicked Fulani government will always shift the goal post
He made a lot of sense there.
That was how me and one of my friend was watching a documentary about the Qatar stadiums. My friend said is it not the same oil that Qatar is selling that Nigeria is also selling. So where is Qatar getting all this money to build all these stadiums?

I told him to google Qatar's population, size and how many barrels of oil Qatar produces per day.
Qatar has a population of a little above 3 million people, produces 3 million barrels per day, and it's size is just two-three states in Nigeria.
Nigeria has 200 million people, produces less than one million barrels of oil per day and is more than 10 times the size of Qatar.

The summary of this long epistle, is when you wanna compare two things, don't look at it from one side. Go all around it and try to see things without emotions.

3 Likes 1 Share

Re: See What Kazakhstan Does With Part 17% Of Its Oil Revenues by Perfectbeing(m): 8:54pm On Sep 21, 2022
stevnwigw1:
what happens if you select one people from each family to be paid that way monthly, what will happen?
Socialism can only work in extremely rich countries or average countries with small population. Not a country like Nigeria.

1 Like 1 Share

Re: See What Kazakhstan Does With Part 17% Of Its Oil Revenues by Perfectbeing(m): 9:03pm On Sep 21, 2022
Arda1000:
no I’d say if the regions with the oil had their own country, no parasites from Waste or North reaping from where they did not sow
The North is less than 5% of the problem of the South.

In the first 6 months of 2022 (Jan - June), the 8 Oil Producing states of Niger Delta shared 377. 9 billion naira as 13% Derivation Revenue. Of this figure, Delta state got the highest -- 114.7 billion naira. Akwa Ibom state followed with 80 billion naira. Bayelsa in 3rd position with 76. 7 billion naira & Rivers in 4th with 70. 4 billion naira. It is important to note that this 377. 9 billion shared by these states is just for the first 6 months of this year & not the total figure for the whole year 2022. It is equally noteworthy that this 377.9 billion is just from the mandatory 13% Derivation allocation. It does not include other hundreds of billions of naira coming in monthly from -- Main Statutory allocations, Royalties, Rents, Taxes, Ecological funds, IGRs, Loans, Grants & Refunds, NDDC funds, Ministry of Niger Delta funds etc. When you add this additional hundreds of billions of naira to Delta state's 114. 7 billion naira 13% Derivation share or Bayelsa's 76. 7 billion 13% Derivation share, the total in a month could blow one's mind. You could argue that Rivers state & Akwa Ibom can point at a few developmental projects that a fraction of this money is applied to while over 60% of these funds end up in private pockets. But where is the evidence of even 10% of this hundreds of billions anywhere in Delta state or Bayelsa state. And when one considers that Bayelsa is just only 8 local governments, any human being from that state should be shedding tears of shame. What socio-economic, infrastructural development & upliftment in the standard of living of citizens, comparable to that of any developed country in the world, can the hundreds of billions coming in monthly not be more than enough to build in Delta state or Bayelsa state with just 8 local governments that put together are not even up to one local government in Kano state? But unfortunately & tragically shameful too, the problem of the people of Delta & Bayelsa states ruled by Southerners since 1999 (23 years now) is the North. How surprising.

3 Likes

Re: See What Kazakhstan Does With Part 17% Of Its Oil Revenues by GamalNasser: 9:17pm On Sep 21, 2022
stevnwigw1:
but you will support it when one man packs the money

Only lazy people support welfarism
Re: See What Kazakhstan Does With Part 17% Of Its Oil Revenues by Arda1000(m): 9:41pm On Sep 21, 2022
Perfectbeing:
The North is less than 5% of the problem of the South.

In the first 6 months of 2022 (Jan - June), the 8 Oil Producing states of Niger Delta shared 377. 9 billion naira as 13% Derivation Revenue. Of this figure, Delta state got the highest -- 114.7 billion naira. Akwa Ibom state followed with 80 billion naira. Bayelsa in 3rd position with 76. 7 billion naira & Rivers in 4th with 70. 4 billion naira. It is important to note that this 377. 9 billion shared by these states is just for the first 6 months of this year & not the total figure for the whole year 2022. It is equally noteworthy that this 377.9 billion is just from the mandatory 13% Derivation allocation. It does not include other hundreds of billions of naira coming in monthly from -- Main Statutory allocations, Royalties, Rents, Taxes, Ecological funds, IGRs, Loans, Grants & Refunds, NDDC funds, Ministry of Niger Delta funds etc. When you add this additional hundreds of billions of naira to Delta state's 114. 7 billion naira 13% Derivation share or Bayelsa's 76. 7 billion 13% Derivation share, the total in a month could blow one's mind. You could argue that Rivers state & Akwa Ibom can point at a few developmental projects that a fraction of this money is applied to while over 60% of these funds end up in private pockets. But where is the evidence of even 10% of this hundreds of billions anywhere in Delta state or Bayelsa state. And when one considers that Bayelsa is just only 8 local governments, any human being from that state should be shedding tears of shame. What socio-economic, infrastructural development & upliftment in the standard of living of citizens, comparable to that of any developed country in the world, can the hundreds of billions coming in monthly not be more than enough to build in Delta state or Bayelsa state with just 8 local governments that put together are not even up to one local government in Kano state? But unfortunately & tragically shameful too, the problem of the people of Delta & Bayelsa states ruled by Southerners since 1999 (23 years now) is the North. How surprising.
craps
nobody should sow where they did not sow
Ur long epistle isn’t worth looking at
Re: See What Kazakhstan Does With Part 17% Of Its Oil Revenues by Arda1000(m): 9:43pm On Sep 21, 2022
rusher14:


Or East na.

By the way, Ondo and Lagos state produce oil.
ok but the Ondo part that produces oil should never be part of Ondo… which Lagos are u talking about There’s no single drop of oil in Lagos.
For East there’s Abia,Anambra and Imo.
Re: See What Kazakhstan Does With Part 17% Of Its Oil Revenues by Blue3k(m): 9:52pm On Sep 21, 2022
stevnwigw1:
Kazakhstan pays some part of its oil revenues to the personal account of citizens 18 years below. Go and verify.

so what? If the state didn't monopolize mineral and land resources to itself the companies would have to pay the land owners royalties directly. Who cares needs welfare if the populace is productive. The state would just find new means of funding itself.
Re: See What Kazakhstan Does With Part 17% Of Its Oil Revenues by Blue3k(m): 9:56pm On Sep 21, 2022
Arda1000:
ok but the Ondo part that produces oil should never be part of Ondo.

Who are you speaking for? There's a constitutional process for areas of the state to secede and join another state if they wish to. Its much easier than creating a new state created.
Re: See What Kazakhstan Does With Part 17% Of Its Oil Revenues by ambale(m): 10:00pm On Sep 21, 2022
rusher14:
Kazakhstan has 1/10 of Nigeria's population and produces as much oil.

As of today, they even produce twice as much oil.

Try putting things in perspective before going on your "Woe is me" dirge.

Should our population not be at advantage to us?

Abi I'm not getting it ni
Re: See What Kazakhstan Does With Part 17% Of Its Oil Revenues by ambale(m): 10:04pm On Sep 21, 2022
LikeAking:


Whats the population of Kazakhstan?

Those are small countries and the oil is virtually every were.

Imagine if one of the oil producing states in Nigeria was a country? They will do the same.

Forget corruption the budget of Naija is too small...

Corruption is the bane of our development here

Nigeria have no business been broke but our selfish leaders will never allow that happen

Do you know how much governments make from transportation daily? Not to talk of market

They intentionally rendered local government useless, so they can loot all of the funds

And here we are we need to defend their atrocities even when we no help them commit it
Re: See What Kazakhstan Does With Part 17% Of Its Oil Revenues by techWriter3: 10:13pm On Sep 21, 2022
your wicked Fulani goverment will always reorientation the goal post
Re: See What Kazakhstan Does With Part 17% Of Its Oil Revenues by JOemmy(m): 10:23pm On Sep 21, 2022
Perfectbeing:
The North is less than 5% of the problem of the South.

In the first 6 months of 2022 (Jan - June), the 8 Oil Producing states of Niger Delta shared 377. 9 billion naira as 13% Derivation Revenue. Of this figure, Delta state got the highest -- 114.7 billion naira. Akwa Ibom state followed with 80 billion naira. Bayelsa in 3rd position with 76. 7 billion naira & Rivers in 4th with 70. 4 billion naira. It is important to note that this 377. 9 billion shared by these states is just for the first 6 months of this year & not the total figure for the whole year 2022. It is equally noteworthy that this 377.9 billion is just from the mandatory 13% Derivation allocation. It does not include other hundreds of billions of naira coming in monthly from -- Main Statutory allocations, Royalties, Rents, Taxes, Ecological funds, IGRs, Loans, Grants & Refunds, NDDC funds, Ministry of Niger Delta funds etc. When you add this additional hundreds of billions of naira to Delta state's 114. 7 billion naira 13% Derivation share or Bayelsa's 76. 7 billion 13% Derivation share, the total in a month could blow one's mind. You could argue that Rivers state & Akwa Ibom can point at a few developmental projects that a fraction of this money is applied to while over 60% of these funds end up in private pockets. But where is the evidence of even 10% of this hundreds of billions anywhere in Delta state or Bayelsa state. And when one considers that Bayelsa is just only 8 local governments, any human being from that state should be shedding tears of shame. What socio-economic, infrastructural development & upliftment in the standard of living of citizens, comparable to that of any developed country in the world, can the hundreds of billions coming in monthly not be more than enough to build in Delta state or Bayelsa state with just 8 local governments that put together are not even up to one local government in Kano state? But unfortunately & tragically shameful too, the problem of the people of Delta & Bayelsa states ruled by Southerners since 1999 (23 years now) is the North. How surprising.

Delta and bayelsa states have very tough enviroment that is very difficult to develop unlike the north the 13% they are getting for oil exploitation is clearly not enough to develop those regions. Only a very wicked heartless person will support the current structure of nigeria where the north takes the largest share of what the south is producing.

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