FG Allocates Below 1% Of 2026 Budget To Fight Poverty - Politics - Nairaland
Nairaland Forum › Nairaland General › Politics › FG Allocates Below 1% Of 2026 Budget To Fight Poverty (6569 Views)
| FG Allocates Below 1% Of 2026 Budget To Fight Poverty by BlackViper(op): 2:18pm On Jan 19 |
The Federal Government plans to spend about N206.50bn on poverty alleviation-related projects in the 2026 budget, an amount that represents far below one per cent of the total N58.47tn spending proposal submitted to the National Assembly.https://punchng.com/fg-allocates-below-1-of-2026-budget-to-fight-poverty/
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| Re: FG Allocates Below 1% Of 2026 Budget To Fight Poverty by Dreal1247: 2:26pm On Jan 19 |
This people are yet to understand the term T'pain the tax master. Tinubu has not come to better your lives but to impoverish those who are not under covenant. Man who taxes your bank transfer as Tinubu will never work for the betterment of the masses but to inflict more pains on them. |
| Re: FG Allocates Below 1% Of 2026 Budget To Fight Poverty by BlackViper(op): 2:26pm On Jan 19 |
Very interesting. 30% tax, but only less than 1% of revenue for poverty alleviation. |
| Re: FG Allocates Below 1% Of 2026 Budget To Fight Poverty by DiamondsAreFore: 2:43pm On Jan 19 |
Nigeria is a poor country and not an oil rich country compared to Kuwait, Qatar or Saudi Arabia. This is the reason why the federal government is trying to build Nigeria's economy around taxes because the oil rich economic era is over in Nigeria. This is now where it gets tricky. What has kept Nigeria going is the ability to share oil proceeds from the Niger Delta with minimum or zero productivity from certain regions in Nigeria without any social responsibility. Collecting Taxes from one region and giving it to another region that is notorious for religious extremism and fundamentalism will lead to massive revolution in Nigeria. To be forewarned is to be forearmed. Tax money are not crude oil money. It will backfire. Giving out trillions of tax revenues from the South to take care of the likes Gumi and other extremists in core North without proper fiscal Federalism will lead to a violent revolution in Nigeria. Agbekoya war is a good example of what people will do, if they perceive their sweats and labour is been used to take care of people who think they are superior and holier than the rest of us without any reasonable economic productivity and contribution apart of religious violence and rabid accumulation of power. That revolution will be people led because no sane human being will watch while his or her region generates 1 trillion naira annually and he gets just 200 billion back while Yobe gets generates 10 million naira gets 500 billion naira in allocation, that is slavery, paying Jizya tax and modern day internal colonialism. This Tax revamp will generate trillions in Nigeria but ultimately lead to a people led revolution in Nigeria because people will demand for more share in their sweats and those lazy Rhetoric of one Nigeria will not save the Sharia belt who refuse to be productive and modernize. |
| Re: FG Allocates Below 1% Of 2026 Budget To Fight Poverty by iwaeda: 2:49pm On Jan 19 |
According to them, they have eradicated poverty. ![]() |
| Re: FG Allocates Below 1% Of 2026 Budget To Fight Poverty by Freshandfitpod: 2:50pm On Jan 19 |
Buhari and tinubu made this country poor. |
| Re: FG Allocates Below 1% Of 2026 Budget To Fight Poverty by U09ce: 2:52pm On Jan 19 |
Lol. 'Fighting poverty' is vague |
| Re: FG Allocates Below 1% Of 2026 Budget To Fight Poverty by Dogalmighty17: 2:53pm On Jan 19 |
Check out how much the national assembly is getting and then you will give up for this country |
| Re: FG Allocates Below 1% Of 2026 Budget To Fight Poverty by CodeTemplarr: 2:57pm On Jan 19 |
BlackViper:Yet they will compare their methods to that of Western nations who have robust welfare and production centred subsidies. Very useless govt policies. |
| Re: FG Allocates Below 1% Of 2026 Budget To Fight Poverty by Brendaniel: 2:57pm On Jan 19*. Modified: 3:55pm On Jan 19 |
DiamondsAreFore:Nigeria is a poor country but your president bought a presidential jet of 150 million dollars? used over 2 billion naira to buy vehicles for only his wife, renovated vice president's house with 21 billion, travels abroad almost every 2 months with his full entourage for medical checkup and treatment, your senate president uses a Mercedes Maybach worth over 500 million naira, your president uses Cadillac Jeep worth over 1 billion naira per piece. Almost everyday the EFCC and ICPC keeps catching government officials who are in their bad books with billions and billion of naira stolen while the ones who are in their good books that outnumber the ones in the bad book by far are allowed to walk free, given appointments and contracts to continue stealing, Nigeria still loses more than half a million barrels of crude oil everyday to theft which the government has shown incompetence in solving... I can go on and on and even write a full book, please tell me again what exactly is your definition of poor? Nigeria is rich but managed poorly by people like Tinubu |
| Re: FG Allocates Below 1% Of 2026 Budget To Fight Poverty by OluwaBlessyn: 2:58pm On Jan 19 |
Just imagine… If na to tax Nigerians left, right and center Dem go dey get erection |
| Re: FG Allocates Below 1% Of 2026 Budget To Fight Poverty by maasoap(m): 2:59pm On Jan 19 |
Well, that below 1% allocation is still a huge amount of money if they won't divert it |
| Re: FG Allocates Below 1% Of 2026 Budget To Fight Poverty by CodeTemplarr: 2:59pm On Jan 19 |
Freshandfitpod:The man who lifted 90m out of poverty or another. |
| Re: FG Allocates Below 1% Of 2026 Budget To Fight Poverty by DatNiggaDaz: 2:59pm On Jan 19*. Modified: 4:19pm On Jan 19 |
DiamondsAreFore: ![]() In a haste to defend a maladministration of failures, you have to call Nigeria a poor country to justify the fake tax reforms Your Laptop is laughing at you. The fake Tax reforms will generate trillions you said. Thesame way data boys said subsidy removal will generate enough foreign exchange, and increase the revenue of the country while Inflation makes a mess of the revenue. Data boys claimed that the Dangote refinery will bring the price of fuel. How far with all these Taqyiyah ? You and your principal have nöt achieved anything since grabbing and snatching and you are still wrting epistle of Taqyiyah to defend a certificate forger. Let me ask you, how much of the renewed hopeless manifesto has been achieved before you release another Taqyiyah of lies and Propaganda ![]() |
| Re: FG Allocates Below 1% Of 2026 Budget To Fight Poverty by Faith0(f): 3:00pm On Jan 19 |
Ok yeah now I get perfectly |
| Re: FG Allocates Below 1% Of 2026 Budget To Fight Poverty by autoez: 3:01pm On Jan 19 |
Definetely they will. See what i saw in my dream. A future newspaper front-page
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| Re: FG Allocates Below 1% Of 2026 Budget To Fight Poverty by Bizibi(m): 3:02pm On Jan 19 |
DiamondsAreFore:your last paragraph is my problem with government officials when it comes to accountability and transparency. Em wan take but em nor go deliver the services,so men go vex enter street. |
| Re: FG Allocates Below 1% Of 2026 Budget To Fight Poverty by GenFunction: 3:02pm On Jan 19 |
Just know ur government past, present and probably future would not and can never have the people at heart. They are unwilling to invest in human development so that u won't be wise, remember when there is poverty then they can be in-control. That's their logic fam. |
| Re: FG Allocates Below 1% Of 2026 Budget To Fight Poverty by EmekaBlue(m): 3:03pm On Jan 19 |
And that less than 1% is for the core north and their people doing NGO to swallow Yeye Government |
| Re: FG Allocates Below 1% Of 2026 Budget To Fight Poverty by MitchelMiami98: 3:07pm On Jan 19 |
That's a paltry amount looking at the poverty level of the country |
| Re: FG Allocates Below 1% Of 2026 Budget To Fight Poverty by Lovit(m): 3:08pm On Jan 19 |
Money that one govt official will pocket and no one will ask question. unfortunately, it is the same poor people that will fight you for saying Tinubu and APC are useless and incompetent Just double your hustle and forget govt |
| Re: FG Allocates Below 1% Of 2026 Budget To Fight Poverty by Chibuzoc(m): 3:08pm On Jan 19 |
But allocated $9m for lobbying purposes for a duration of 6 months |
| Re: FG Allocates Below 1% Of 2026 Budget To Fight Poverty by Moveittothem: 3:08pm On Jan 19 |
Will you see Seunmsg on this topic? Sycophancy without paycheck is self sabotage. |
| Re: FG Allocates Below 1% Of 2026 Budget To Fight Poverty by Racoon(m): 3:11pm On Jan 19 |
However $9M was budgeted to launder a failed government. That should simply tell any sane mind that the FG is in love with impoverishing its citizens |
| Re: FG Allocates Below 1% Of 2026 Budget To Fight Poverty by Maj196(m): 3:12pm On Jan 19 |
not surprised, they are anti-people |
| Re: FG Allocates Below 1% Of 2026 Budget To Fight Poverty by ogascomax: 3:16pm On Jan 19 |
They have no interest in fighting poverty in the first place. Tinubu plans is to make people poor. But I am ahead of Tinubu a billion times. |
| Re: FG Allocates Below 1% Of 2026 Budget To Fight Poverty by ogascomax: 3:23pm On Jan 19 |
DiamondsAreFore:If you think Nigeria is not making crazy amount in the oil industry you are just deceiving yourself. I am not just guessing I am aware. The government and is allies are stealing the money. Just selling just a vessel Donald Trump said they made over 500 million dollars. The one Madura the formal present was selling do Venezuelans have any idea how much it was or what they are using the money for. Have Federal Government ever told you what they make in selling vessels of crude oil. Do you know how many are sold in a year. Just dey dere make pants wear you. |
| Re: FG Allocates Below 1% Of 2026 Budget To Fight Poverty by Nteogwuija(m): 3:25pm On Jan 19 |
They don't need a lot of money to buy rice and share na. Assuming we're 200 million, that amount should get each person at least 5 to 6 bags of rice, and we go dey alright. Since APC's definition of poverty alleviation is sharing of rice. |
| Re: FG Allocates Below 1% Of 2026 Budget To Fight Poverty by 89green: 3:32pm On Jan 19 |
poverty na your mate? Jokes aside, everyday i continue to feel pessimistic about Nigeria's future, they know that if they were to eliminate much of the poverty, how would they get back into power? This is to tell you that poverty remains one of the tools that you can use to always win elections. This kind of mindset or ideology is a big problem. |
| Re: FG Allocates Below 1% Of 2026 Budget To Fight Poverty by Nwaokunkpara: 3:35pm On Jan 19 |
The poorer they make you the richer they become So they know what they are doing |
| Re: FG Allocates Below 1% Of 2026 Budget To Fight Poverty by Yampotatocarrot(m): 3:41pm On Jan 19 |
Are we expecting them to be sharing money up and down in the name of SURE-P, grants and co? If they budget for poverty alleviation (whatever that means), na still people go de ask how they got the account numbers they're making transfers to Since we know the money will be embezzled, it's better they don't budget much for it and use the money for other meaningful projects that the citizens will actually feel it's impact. |
| Re: FG Allocates Below 1% Of 2026 Budget To Fight Poverty by Zocalite: 3:44pm On Jan 19 |
On tinubu first day on office, without leaving eagle square, without any consultations, no working refinery t' pain removed petrol subsidy and devalued the currency He made the middle class poor, and the poor destitute How can such person have any benevolence As far as him, his family and cronies are living in affluence, others are manure for their survival. |
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