₦airaland Forum

We have a long way to go

For those of you who join Arise Peoples Party to make outlandish comparisons and talk down Nigeria, please note that Nigeria has a huge population and a tiny budget. The combined budget of the New York City Police Department, the New York City Fire Department, and the New York City Housing Authority is more than Nigeria's national infrastructure budget. I am referring to New York City. Not even New York State.

Nigeria is not an oil-rich country. We are an oil-poor nation with over 200 million entitled people who, encouraged by irresponsible media like AriseTV, are shining their eyes on our so-called oil wealth and expecting manna from heaven. On a per capita basis, Angola and Ghana are more oil wealthy than us. At 2.6 million people, Qatar has just one per cent of our population. Yet, their annual revenue is $68 billion. Two and a half times that of Nigeria. Yet, you listen to people who compare fuelprices in Qatar and other countries to that of Nigeria? Nigeria cannot afford to subsidise the Naira and fuel. If we keep doing that, we will NEVER progress, no matter who is our President!

Help build Nigeria. Do not help the enemies of Nigeria tear her down!

Reno omokri on x

It's not about how much you budget but what you actually do with the money. Even if we're given 500billion dollars yearly, our extremly corrupt and wicked Apc political rulers and Allies will reloot the monies without any tangible results

Phantom233:
It's not about how much you budget but what you actually do with the money. Even if we're given 500billion dollars yearly, our extremly corrupt and wicked Apc political rulers and Allies will reloot the monies without any tangible results

🤡

Phantom233:
It's not about how much you budget but what you actually do with the money. Even if we're given 500billion dollars yearly, our extremly corrupt and wicked Apc political rulers and Allies will reloot the monies without any tangible results

Seriously

We need to find ways to generate more revenue...

Sleeping giant ....

And this Nigeria's budgets is mostly borrowed.

Sorry to say, this is what you get when you have huge unproductive population, population that thinks they are smart and intelligent by importing what we should be forced to produce and export .

abdeefggh:
We have a long way to go

This really doesn't tell you much. How are those budgets funded?

For instance I can have a large, bloated budget
that is almost 100% funded by borrowing.

A better measure is the GDP which gives a clearer indication of a country's productive capacity.

abdeefggh:
We have a long way to go

the country you Manton is working properly Nigeria is not working 80 percent of the money will be stolen by our criminal politicians

In South Africa all eyes 👀 will be on any project but in Nigeria they will keep on budgeting billion for one project for 20 years

Loke our refinery our roads east west road Lagos abiokute road onitsha Enugu road many of them did you know how mush past government spends on that project still nothing working something will not happen in South Africa and Egypt

Our politicians are more than arm robbers they need to be ston to death

Dialpad:
We need to find ways to generate more revenue...

Sleeping giant ....

As una no wan put infrastructure based on economic consideration instead of political lobbying

Corn247:
And this Nigeria's budgets is mostly borrowed.

Sorry to say, this is what you get when you have huge unproductive population, population that thinks they are smart and intelligent by importing what we should be forced to produce.

The mod should move this vital information to Frontpage

Nflmod
Mynd44

A population that praise Chinese and lebanese industrialization in Ogun who pack Nigeria money to their countries but mock Nnewi and Aba for their indegenous efforts

Phantom233:
It's not about how much you budget but what you actually do with the money. Even if we're given 500billion dollars yearly, our extremly corrupt and wicked Apc political rulers and Allies will reloot the monies without any tangible results

I agree.

We should use our two talents to make ten talents

Nigeria has over the years used our limited oil money for mass welfare projects and looting. It hasn't used it to focus on improving power , rail and gas infrastructure so as to power industrial growth which would enable economic development in real terms

bjtinz:
This really doesn't tell you much. How are those budgets funded?

For instance I can have a large, bloated budget
that is almost 100% funded by borrowing.

A better measure is the GDP which gives a clearer indication of a country's productive capacity.

1. Algeria produces about 4 times more oil than we do so more money (actually around the same amount of crude, but for a population of 44.5 million people, compared to our 200 million and more).

2. South Africa has a diversified economy and as such has more money.

3. Egypt has a diversified economy and is a tourism monster. (Everyone must see the Pyramids and the Sphinx at least once. That's billions of kash in hard currency without doing anything)


Modified. On point one, as you can see , I have corrected myself. Kalm down

I've been saying this for donkey years that Nigeria is not as rich and financially bouyant as many Nigerians think we are.

..in a nutshell, Nigeria is a poor country with massive potentials

richiemcgold:
I've been saying this for donkey years that Nigeria is not as rich and financially bouyant as many Nigerians think we are.

True that.

I woke up to that in 2011.

Ogene001:
A population that praise Chinese and lebanese industrialization in Ogun who pack Nigeria money to their countries but mock Nnewi and Aba for their indegenous efforts

This Nigerian thinks that nnewi and aba are amazing.

. Kill corruption, making sure that politicians with questionable characters don't ever get near power , for example poo'hari & Thief'nubu & see Nigeria's budget surpass the three countries..the country Nigeria is richly blessed with resources than the three countries combined

Incompetent foools like the two mentioned above have no love for the country... Just came to steal, Plunder, enthrone ethnic supremacy, corner & siphone the resources to themselves & goons...while their Internet miscreants tell you that it is because of our Huge population & you should make sacrifices having patience

abdeefggh:
Reno omokri on x

is he wrong....??

you are not rich....stop lyin to yourselves....
corruption is in every nation on earth....
our own is we are fightin each other for the little we have like crabs in a bucket....

Ogene001:
A population that praise Chinese and lebanese industrialization in Ogun who pack Nigeria money to their countries but mock Onitsha, Nnewi and Aba for their indegenous efforts

Hahahaha nice and factual come back Nna

nairalanda1:
This Nigerian thinks that nnewi and aba are amazing.

A little traveling will help your ignorance SE has the highest indigenous companies

madmohamed:
the country you Manton is working properly Nigeria is not working 80 percent of the money will be stolen by our criminal politicians

In South Africa all eyes 👀 will be on any project but in Nigeria they will keep on budgeting billion for one project for 20 years

Loke our refinery our roads east west road Lagos abiokute road onitsha Enugu road many of them did you know how mush past government spends on that project still nothing working something will not happen in South Africa and Egypt

Our politicians are more than arm robbers they need to be ston to death

South Africa has some issues with corruption

Neckpresser101:
A little traveling will help your ignorance SE has the highest indigenous companies

olomo billionaires....

what are you still movin around for then....

stay in your region....

Neckpresser101:
A little traveling will help your ignorance SE has the highest indigenous companies

Like I said, I think nnewi and aba are amazing re industries

And you are calling me ignorant.

Ogene001:
A population that praise Chinese and lebanese industrialization in Ogun who pack Nigeria money to their countries but mock Nnewi and Aba for their indegenous efforts

Yes the Chinese industries pay tax to china.
Which useless thing do you produce in aba and how does it reflect in the revenue??

Ogun state alone generate more more than your five states and that makes sense to you clowns.
Abeg pack well.

nairalanda1:
South Africa has some issues with corruption

no mind them....to them everywhere else is better than nigeria....

tell them that south africa is havin electric cuts too and they will not believe it....
people steal street lights and dig up cabels for the cooper....they will not believe it....

Corn247:
Yes the Chinese industries payed tax to china.
Which useless thing do you produce in aba. Ogun state alone generate more more than your five states and that makes sense to you.
Abeg pack well.

Aba and nnewi produce a lot, a whole lot.

Nnewi produces a lot of the small components needed for cars for example.

That doesn't mean Ogun is not an industrial main zone

tsdarkside:
olomo billionaires....

what are you still movin around for then....

stay in your region....

Yeah the typical Yoruba logic ;

Every single easterner lives in SW

There are more than half a million of you in Anambra alone they even have oba of Yoruba in my town Awka.


And What's wrong with Okoro opening his shop branches in Kano, Ibadan,Lagos, Oshogbo and Abeokuta?

Neckpresser101:
Yeah the typical Yoruba logic ;

Every single easterner lives in SW

There are more than half a million of you in Anambra alone they even have oba of Yoruba in my town Awka.


And What's wrong with Okoro opening his shop branches in Kano, Ibadan,Lagos, Oshogbo and Abeokuta?

stay in your region....!!

olodo....!!

[/quote][quote author=Corn247 post=127226507]Yes the Chinese industries pay tax to china.
Which useless thing do you produce in aba how does it reflect in the revenue??

Ogun state alone generate more more than your five states and that makes sense to you clowns.
Abeg pack well.

Lol IGR is just tax

Tax is usually not up to 1 percent of Thier earnings it can be paid indirectly by adding the value to the goods



You're a SW!ne and thus not Economically sound to know that most companies there remit most of their money back home

No wonder Anambra has better GDP than Ogun because the money stay around


Secondary school economics

nairalanda1:
South Africa has some issues with corruption

not as Nigeria

tsdarkside:
olomo billionaires....

what are you still movin around for then....

stay in your region....

If only you moved around you could have made money to change your roof