₦airaland Forum

lawani:
You people have no real interest in the things you argue about online. Foreigners are more interested in the growth of the country than you are, other wise you would not be asking this type of question

https://punchng.com/non-oil-revenue-now-75-of-federation-funds-report/

https://www.nigerianstat.gov.ng/

They are talking of revenue generation you are talking of taxation...


Of an already dying economy. That's not real revenue generation.


That's bleeding the economy through it's nose and never sustainable!

esnbrutality:
So taxing a dying economy is strategic to you and serves as income generation?

They will soon tax the air you breathe and water you drink, maybe then you will have some sense. Truly, if you are suffering because you have failed dont drag others to your level.

You are a kid and a novice in how states are run. If you don't have enormous natural resources to sell, is it the 100 naira you are seeing from oil which is not enough for nations one twentieth your population that you are going to change the country with? Nigeria to you is a dying economy but it owns the highest number of private jets in Africa and imports the most luxuries but to your warped mind it is a dying economy that should not be taxed?

As for me failing, you can never measure up to a millionth of what I have achieved

You are pathetic.

The annoying part is that you and your crew exhibit so much bravado about issues you absolutely know NOTHING about.

The money your DINOSAUR has borrowed after removing subsidy has shown that he is clueless and senseless. He claimed that subsidy removal will kick-start the economy right? But all indices point to worsening poverty stats even with him being incharge.

You think propaganda is Governance? Just like Lai Mohammed, same as TINIBu and certainly You.

You use senseless wordings to mask abject failure on all fronts. Tell me 1 thing TINUBU has accomplished that is beneficial to all the NIGERIANS he taxes to death senselessly.

Shame on you..

lawani:
You are a kid and a novice in how states are run. If you don't have enormous natural resources to sell, is it the 100 naira you are seeing from oil which is not enough for nations one twentieth your population that you are going to change the country with? Nigeria to you is a dying economy but it owns the highest number of private jets in Africa and imports the most luxuries but to your warped mind it is a dying economy that should not be taxed?

mikeapollo:
Stop blaming Dangote for the failure of others.
Why didn't Wapco, BUA cement, etc also die like Ibeto?
Did he enabled them to kill Ibeto too?

Because of bigotry! Simple answer.

esnbrutality:
You are pathetic.

The annoynh part is that you and your crew exhibit so much bravado about issues you absolutely know NOTHING about.

The money your DINOSAUR has borrowed after removing subsidy has shown that he is clueless and senseless. He claimed that subsidy removal will kick-start the economy right? But all indices point to worsening poverty stats even with him being incharge.

You think propaganda is Governance? Just like Lai Mohammed, same as TINIBu and certainly You.

You use senseless wordings to mask abject failure on all fronts. Tell me 1 thing TINUBU has accomplished that is beneficial to all the NIGERIANS he taxes to death senselessly.

Shame on you..

I am not a member of the APC and I am not part of those campaigning for Tinubu but what he achieved is what I have explained to you above and to me that is the most important thing any leader has achieved since the end of the civil war. Moreso as I have been campaigning online for that particular change since 2007. I understand the economic problem Nigeria has but most Nigerians don't and they focus on corruption when corruption in Nigeria and Russia are ranked the same and many countries are ranked higher. The main way Nigeria is different from Ghana, Niger, Cameroon, Cote dIvoire is dependence on oil money which is not even enough to run the country and that is why all those countries are better run apart from the deadly competition going on among the groups in Nigeria and other minor problems. The present administration has returned the country to factory settings and no part can say they will have no revenue if the country divides. It is a major achievement. The problem of deadly and unhealthy competition can only be solved by dividing the country so that every group can secure their land with men under arms.

Aswani...

I hate pretense

Let me be factual...

Tinubu has done absolutely NOTHING.

What is happening here is a charade called FAAC...

Dig deeper and understand.

As regards the country dividing. ..I support you in that regard.

Thank you

lawani:
I am not a member of the APC and I am not part of those campaigning for Tinubu but what he achieved is what I have explained to you above and to me that is the most important thing any leader has achieved since the end of the civil war. Moreso as I have been campaigning online for that particular change since 2007. I understand the economic problem Nigeria has but most Nigerians don't and they focus on corruption when corruption in Nigeria and Russia are ranked the same and many countries are ranked higher. The main way Nigeria is different from Ghana, Niger, Cameroon, Cote dIvoire is dependence on oil money which is not even enough to run the country and that is why all those countries are better run apart from the deadly competition going on among the groups in Nigeria and other minor problems. The present administration has returned the country to factory settings and no part can say they will have no revenue if the country divides. It is a major achievement. The problem of deadly and unhealthy competition can only be solved by dividing the country so that every group can secure their land with men under arms.

lawani:
The Lagos-Calabar road was awarded at over five times the average cost of road construction in India and they also have corruption in India. However Obi or Atiku would have done exactly the same and most Governor's are doing the same in their states

Just to make yourself feel alright you have to group all together so that it would seem like Tinubu should continue since there is no better alternative.

esnbrutality:
Aswani...

I hate pretense

Let me be factual...

Tinubu has done absolutely NOTHING.

What is happening here is a charade called FAAC...

Dig deeper and understand.

As regards the country dividing. ..I support you in that regard.

Thank you

What he has done is that he demonstrated that Nigeria can run without oil money and that is an achievement. He did the same in Lagos but you will also say it is not an achievement when infact any state with a serious governor could have done the same and be running without oil money. Do I support his loans? No but would any other President that more than tripled revenue have borrowed? Definitely Yes. Buhari borrowed till 96 percent of federal income had to be used to pay interests. I don't think thirty percent of income is going towards interests now. So the amount he borrowed and the amount he payed back are results of new revenue. If Buhari had the same revenue he would have borrowed multiple times what we are now owing while printing more currency to boot.
Then if he does not use the money now and he loses next year then the next government can relax and return us to the old ways of devaluing the currency to raise revenue and dependence on oil money. If they have loans to pay, they will be forced to continue on the right path That is the only argument for the loans. Outside that I believe government should have excess and invest it into the economy including into companies rather than using it to fund inflated contracts.

mikeapollo:
There is no ''great job'' done anywhere by any team.
Stop this using words for hollow and empty praise-singing of a clueless govt.

I know your type, quick witted with hollow reasoning capabilities

You have borrowed against crude oil to oblivion . So taxation to infinity is the way forward?

Tell me what generates income apart from crude oil in Nigeria?

What do you produce, what do you export, what do you actually do to generate foreign exchange.

You no get sense ooo...you are indeed dull.

lawani:
What he has done is that he demonstrated that Nigeria can run without oil money and that is an achievement. He did the same in Lagos but you will also say it is not an achievement when infact any state with a serious governor could have done the same and be running without oil money. Do I support his loans? No but would any other President that more than tripled revenue have borrowed? Definitely Yes. Buhari borrowed till 96 percent of federal income had to be used to pay interests. I don't think thirty percent of income is going towards interests now. So the amount he borrowed and the amount he payed back are results of new revenue. If Buhari had the same revenue he would have borrowed multiple times what we are now owing while printing more currency to boot.
Then if he does not use the money now and he loses next year then the next government can relax and return us to the old ways of devaluing the currency to raise revenue and dependence on oil money. If they have loans to pay, they will be forced to continue on the right path That is the only argument for the loans. Outside that I believe government should have excess and invest it into the economy including into companies rather than using it to fund inflated contracts.

esnbrutality:
You have borrowed against crude oil to oblivion . So taxation to infinity is the way forward?

Tell me what generates income apart from crude oil in Nigeria?

What do you produce, what do you export, what do you actually do to generate foreign exchange.

You no get sense ooo...you are indeed dull.

And they will be speaking big grammar to cover up their lack of knowledge/ignorance...

ExudeLoveToAll:
Just to make yourself feel alright you have to group all together so that it would seem like Tinubu should continue since there is no better alternative.

The way forward is to divide the country.

They live A LIFE OF LIES, TREACHERY, BETRAYAL AND COVETEOUSNESS.

Very Pathetic..

brain54:
And they will be speaking big grammar to cover up their lack of knowledge/ignorance...

This is the only sensible thing you have said.

Ty

lawani:
The way forward is to divide the country.

esnbrutality:
You have borrowed against crude oil to oblivion . So taxation to infinity is the way forward?

Tell me what generates income apart from crude oil in Nigeria?

What do you produce, what do you export, what do you actually do to generate foreign exchange.

You no get sense ooo...you are indeed dull.

You have no understanding of how things work and you call other people dull. Forex that flows into Nigeria is close to 100 billion dollars a year and oil is not up to 25 at most 30 billion dollars of that. Oil also currently is not more than 25 percent of federal income and if states and LG that geberate income are added, it will still be lower. If Ijesa land of six local governments as small as we are should stand alone, we will be generating up to two billion dollars in forex. You clearly don't understand all these things

Situation aptly analyzed by Baba OBJ.

The only Y man that has balls and non tribalistic......

lawani:
You people have no real interest in the things you argue about online. Foreigners are more interested in the growth of the country than you are, other wise you would not be asking this type of question

https://punchng.com/non-oil-revenue-now-75-of-federation-funds-report/

https://www.nigerianstat.gov.ng/

If only you had used your google corretly you would have known that non-oil began to surpass oil revenue undr Buhari govt in 2021.
But the most important detail is the footnote below the screenshot and it tells you exactly why Nigeria has been having fiscal distortions under APC

lawani:
The Lagos-Calabar road was awarded at over five times the average cost of road construction in India and they also have corruption in India. However Obi or Atiku would have done exactly the same and most Governor's are doing the same in their states

Lawani, how did you assume the bolded.

Can you give reasons with reference to past, present or future indices that lends credence to Obi and Atiku doing exactly same or worst as you've claimed ?

ruzell86:
Lawani, how did you assume the bolded.

Can you give reasons with reference to past, present or future indices that lends credence to Obi and Atiku doing exactly same or worst as you've claimed ?

Yes they would have done the same or worse. Obj spent sixteen billion dollars on the power sector with no result and the cost of a 1000 MW power plant is only one billion dollars. The money for 16000 MW went down the drain. So they are all the same including even Obj not to talk of Atiku or Obi. Infact Obj is better than Atiku or Obi.
Anyone that wants to prove to be better should direct the code of conduct bureau to publish all asset declaration forms that they have ever submitted to the bureau

Arkmanbuddy:
Ọbasanjọ is dunk again...it's close to election season hence the attack.

Like you know exactly what I was thinking. Who started the borrowing after he left office?
He gave us darkness after spending billions of dollars. He concessioned Indians to manage Ajaokuta, the Indians stripped Ajaokuta to bare and we still ended paying them almost $500 million dollars.
Baba should relax joor.

Yeah..

The forex the flows into ijesha with 6 LGA will turn it to UAE and New York combined.

Go sleep...loser

lawani:
You have no understanding of how things work and you call other people dull. Forex that flows into Nigeria is close to 100 billion dollars a year and oil is not up to 25 at most 30 billion dollars of that. Oil also currently is not more than 25 percent of federal income and if states and LG that geberate income are added, it will still be lower. If Ijesa land of six local governments as small as we are should stand alone, we will be generating up to two billion dollars in forex. You clearly don't understand all these things

lawani:
No. The President who did the most important work since 1970 at least to me because that is what I have been clamouring for since 2007 is the one that weaned Nigeria off oil dependence. That President is President Bola Tinubu. The biggest problem of Nigeria since the military incursion into politics in 1966 is 200 million people whose nation can not work without oil money. That was the biggest economic problem of Nigeria and it was caused by the military and it has now been solved by the current administration.

Go and seat down with your low life analysis.

esnbrutality:
Yeah..

The forex the flows into ijesha with 6 LGA will turn it to UAE and New York combined.

Go sleep...loser

Ijesa is the chief producer of kolanuts and it is worth 1.4 billion dollars with the largest share going to Ijesa
Ijesa is a main producer of cocoa and it is worth over 2 billion dollars
Ijesa produces coffee second only to Kogi and the best in Nigeria
Ijesa produces excess cassava, excess palm oil and many other excess farm produce
Ijesa exports pharmaceuticals and brewery products as well as other manufactured products
Ijesa receives remittance from Ijesa in Europe, North America and etc
I don't see how all these when added up will not touch two billion dollars a year if Ijesa were an independent country.
However the forex is used to pay for imports and Ijesa do not have the population to compete with New York

Kanwulia:
Look who is talking?😆😆😆😆
The father of NIGERIAN RIGOCRACY!
Enabled Dangote to kill Ibeto cement and failed to decentralize Nigerian ports.
Useless Old Pakut!🙄

when were u born sir?

lawani:
The Lagos-Calabar road was awarded at over five times the average cost of road construction in India and they also have corruption in India. However Obi or Atiku would have done exactly the same and most Governor's are doing the same in their states

No, obi would not have done the same.

esnbrutality:
So taxing a dying economy is strategic to you and serves as income generation?

They will soon tax the air you breathe and water you drink, maybe then you will have some sense. Truly, if you are suffering because you have failed dont drag others to your level.

Baba don't argue with senseless people.
They are only interested in politics.
U can't tax a poor person to wealth.
They are still playing politics. When they are serious ...they will understand.

Predictor3:
How? He is speaking the truth. Why are they making it look like it is impossible to reduce debts instead of increasing it? Obj cleared our debts. This one there now keeps increasing it even with subsidy removal which has put many Nigerians into hardship.

Don't let us just support these politicians out of tribalism. Tinubu is not doing well

Your bloda did do much in Anambra as a govo

Orinechi:
Your bloda did do much in Anambra as a govo

So because your buroda Yekini is president you are ready to turn a blind eye to him killing Nigeria with loans?

Besides, I believe I'm more Yoruba than you can ever be