₦airaland Forum

[quote author= post=127196077]$33Billion?

And Texas budget for 2024 alone is $321.3 billion
(Just one state in America 🇺🇸)
It is well.
We rest our case.[/quote]it is very sad that this is what the so-called biggest economy in Africa can present.

we really need to diversify our economy and tap into several areas.


The GDP of the state of California is more than the entire continent of Africa

N700 to a dollar is unrealistic! It should be minimum of N1500.

I thought PBAT's manifesto mentioned a radically different view on budgeting, departing from the traditional budgeting process to a zero based, clean sheet budgeting. It is time to show working. N18trn revenue projection is a huge target considering that we hardly generate more than N8trn in revenues in the past few years. How will it be done?

Are we this broke?

Na wa o

It is easy, N750/$ instead of the N400 plus used in the past. Also, no more subsidy.

stepaside1:
I thought PBAT's manifesto mentioned a radically different view on budgeting, departing from the traditional budgeting process to a zero based, clean sheet budgeting. It is time to show working. N18trn revenue projection is a huge target considering that we hardly generate more than M8trn in revenues in the past few years. How will it be done?

audio budget..banza people

Unrealistic budget

Very funny country, the one they approved last year what has been the impact in the society ?

[quote author= post=127196077]$33Billion?

And Texas budget for 2024 alone is $321.3 billion
(Just one state in America 🇺🇸)
It is well.
We rest our case.[/quote]Nigeria is not a rich country, and seriously needs to increase TAXATION, especially of the rich, as well as corporate tax.

We have this idea that we are a very rich country whose wealth is only being squandered by the leaders.

That’s nonsense.

Absolute tomfoolery.

Even with zero corruption, we would hardly see a difference in living standards.

South Africa’s annual budget is $120 billion with just 65 million people.

USA annual budget is over 7 TRILLION Dollars.

UK, France, Germany each have an annual budget of over 1.5 TRILLION Dollars.

TINUBU’S BIGGEST TASK IS TO RAISE NATIONAL INCOME.

I Love Bola Ahmed Tinubu

Urheadmaster:
Money they'll share among themselves.


Money will flow during spending moment and is the business mogul in Nigeria that will benefit during the spending

Giving up is a sin...that's why I prayed things should favor us

Obakoolex:
God bless you!
I like people with optimistic mind.....

The wailers can decide to see corruption
But just like Caleb and Josh we decide to see greatness in the birth of new Nigeria under the leadership of president Tinubu.

Where is the evidence of Buhari 8 years? Your are yet to see break down how the money will he spent and you are optimistic...lol. A serious government that is asking ppl to make sacrifice but yet to make their sacrifice and you are optimistic. A president is collecting from both state and federal just like his ministers all in the name of pension and you are optimistic...lol Tbe greatest problem of this country is the citizens

This N27.5trn shall favour me and my family.

Faiththatworks:
God bless Asiwaju,God bless Nigeria.
I believe the figures for next year's budget are very realistic and workable
A revenue projection of 18trillion, meaning we will borrow 9 trillion,I believe this is a far better projection than what Baba Buhari put together in his last 3 years.
But in all fairness to Baba Buhari,the removal of the fuel subsidy by Asiwaju has really increased the revenue profile of Nigeria.
Hopefully there will be some form of salary increase in the budget to cushion the effects of the fuel subsidy removal.
But as a man who loves to play with figures,I have to talk Again about the upcoming Dangote Refinery.
If you put the figures Alh Dangote mentioned he will generate from his Refinery paripaso with what Nigeria is projecting to earn Next year,then only a blind man will refuse to understand the enormous giant that's about to unleashed.
The Refinery is projected to earn around 15 billion dollars next year,if converted at the black market rate is almost equal to what Nigeria as a country will earn in the same year.
One company will generate as much revenue as a country,that should excite any investor.
I repeat again,don't miss any opportunity to invest around the Refinery.
Still selling LAND around Ibeju-lekki
God bless Nigeria.

The African NIGGERS are telling una oooh

See them LOL


God can never bless what the devil created and sustains

God1000:
it is very sad that this is what the so-called biggest economy in Africa can present.

we really need to diversify our economy and tap into several areas.


The GDP of the state of California is more than the entire continent of Africa

You cant and wont be allowed to. What you are thinking is your country is just property of the UK…..

Sorry ooh…. The truth pains oooh

The problem with Nigeria Government is that they do not tell the citizens the truth. If the beach mark of crude oil production is 1,250,000 per day at the price of $73 per barrel at the rate of #700. What it means is that the country will generate the sum #22,739,500,000 from selling of crude oil alone. Talk of custom, FIRS, Telecom tax, Bank tax, solid minerals, aviation, Grant's from foreign countries. Etc. When you finish calculating this, you will see that there's no need for FG of going to borrow extra 9 trillion. Fiance the budget.

Chai!! So exchange rate will not go below 700 next year at least?
And some people are still thinking this man is going to make life better for Nigerians

Money for senators, ministers & governors to chop wotowoto puriosly

grandstar:
It is important that government reduces corporate tax to 15% or less. This should ignite an investment led economic boom.

The CBN must also tackle inflation by increasing interest rates. This is the elephant in the room. The t20 biggest beneficiaries would be the FG and the economy.

If the government is hoping an influx of foreign exchange to strengthen the Naira which by in turn reduce inflation, it would be disappointed in the medium and long term.

But with the exchange rate quoted, is it not obvious the govt is not looking for the naira to strengthen next year? 750 is still very high if you consider where we were in May when this govt took over

Lumarstone:
The problem with Nigeria Government is that they do not tell the citizens the truth. If the beach mark of crude oil production is 1,250,000 per day at the price of $73 per barrel at the rate of #700. What it means is that the country will generate the sum #22,739,500,000 from selling of crude oil alone. Talk of custom, FIRS, Telecom tax, Bank tax, solid minerals, aviation, Grant's from foreign countries. Etc. When you finish calculating this, you will see that there's no need for FG of going to borrow extra 9 trillion. Fiance the budget.

This is an interesting perspective o.
At the new benchmark, it's actually 23trn from oil alone. But maybe some of the oil revenue is already tied up in some contracts. You know our govt now

Igbo will say a son of cocaine dealer don because president, the question now is if he is nobody enough for you or Aminu Kano.

ButterBerry:
Nigeria will know no peace until the son of a nobody can become somebody without knowing anybody. Late Mallam Amino Kano.

Hello everyone, today We Buy/Sell US.Dollars = 1135/$ - selling = 1155/$, Euros = 1220/€ - selling = 1280/€, Pounds = 1,480\£ - selling = 1,530. We as well buy/sell Cfa, Canadian Dollar and some other currencies, does inflow and international transactions. My address is: No56, Sabo Exchange branch, Ibadan. For exchange call or whatsapp me on: 09068419585. Thank you.

You didn't factor the production costs and profit sharing (called production sharing contracts) with the IOCs that actually pump out the oil. Also take note that some of our own share from barrels produced are already commited to forward contracts with some entities which must be adhered to.

Lumarstone:
The problem with Nigeria Government is that they do not tell the citizens the truth. If the beach mark of crude oil production is 1,250,000 per day at the price of $73 per barrel at the rate of #700. What it means is that the country will generate the sum #22,739,500,000 from selling of crude oil alone. Talk of custom, FIRS, Telecom tax, Bank tax, solid minerals, aviation, Grant's from foreign countries. Etc. When you finish calculating this, you will see that there's no need for FG of going to borrow extra 9 trillion. Fiance the budget.

I refuse to give up on Nigeria

Just a paltry Twenty something billion dollars for a big country like naija nawa o...

[quote author= post=127196077]$33Billion?

And Texas State budget for 2024 alone is $321.3 billion
(Just one state in America 🇺🇸)
It is well.
We rest our case.[/quote]And yet they will still compare and rubbish Nigeria to texta USA 🤔

Good one.. successful budget implementation is key

How much be Jagaban own for their

27 trillion? Budget used to be 4 trillion under Jonathan and I wondered why so much money. See how balablu plus APC disaster has reduced the value of our currency?

slivertongue:
hope it works.

has it ever worked.

SensualMan:
Chai Tinubu pity Nigerians!
Pity yorubas!
Pity Ronu's!
Pity Agbado's!

In all these Trillions, no yoruba urchin that voted Tinubu will see shingbai!

On your mandate!

Aren't tired of displaying your mumuish online?

No wonder Simon Ekpa...Cownu and Emma Powerful are your heroes......

ButterBerry:
Nigeria will know no peace until the son of a nobody can become somebody without knowing anybody. Late Mallam Amino Kano.

Werey don't build contact ok, be waiting for amino acid