Nigeria population 200million ===========nigeria budget 2017 $18 billion

McDonald corporation number of Employee 375,000=====revenue 2016 $24.6 billion

Walmart corporation number of employee 2.3 million==== revenue 2016 $485.87 billion

APPLE INC. number of employee 116,000===========revenue 2016 $216 billion


note that 70% of our budget is spent on recurrent expenditure.


also note that if our GDP IS 1.1Trillion dollar how come our budget is $18billion

Many unanswered questions

This thread is for illiterate fellows.
Budget and revenue are two different words and meanings.

How are we expecting to grow as a nation when our youths are interpreting stats wrongly, comparing two different entities with distinct definitions??

It would make better sense if you can be responsible enough to compare the budget of other countries to that of Nigeria vis-à-vis their respective populations.

SHOPPERS:
How are we expecting to grow as a nation when our youths are interpreting stats wrongly, comparing two different entities with distinct definitions??

It would make better sense if you can be responsible enough to compare the budget of other countries to that of Nigeria vis-à-vis their respective populations.

budget is a function of revenue same apply to companies. you guys cant see deep. those companies earn more than our entire country.

SHOPPERS:
How are we expecting to grow as a nation when our youths are interpreting stats wrongly, comparing two different entities with distinct definitions??

It would make better sense if you can be responsible enough to compare the budget of other countries to that of Nigeria vis-à-vis their respective populations.

.

yemmit90:
This thread is for illiterate fellows.

Budget and revenue are two different words and meanings.

Employees are to generate reveues that will fund the budget but the reverse is the case, the economy takes care of Nigerians
the productive capacity of Nigerians is just below 15percent ie 15naira out of every 100

jiangchu:


budget is a function of revenue same apply to companies. you guys cant see deep. those companies earn more than our entire country.

Don't mind them ..too many people with low IQ in Nigeria ..I always laugh when Nigerians say our country is very rich...they should tell that to Samsung or IKEA ..

Our budget should be nothing less that $50,000,000,000

jiangchu:


budget is a function of revenue same apply to companies. you guys cant see deep. those companies earn more than our entire country.

This guys are m0rons, m0ronic idiots. You should not bother yourself answering such people.

Some truth are hard to swallow because it runs against the ILLUSIONS which some people choose to blind fold themselves.

To be very honest. The major coporation in Nigeria that really, really makes a lot of MONEY are the RELIGIOUS ENTERPRISE, especially those so called TEMPLES OF FRAUD everywhere called CHURCHES INC. Kindly bear that in mind jiangchu since you have choosen to compare a whole country's budget as Nigeria along side a coporation as Mc Donald's revenue.

The major coporation in Nigeria are those temples of fraud. And if your perception as to why Nigeria may never develop is because of Nigeria's budget. Then you are not really getting the correct picture. There are a lot more to it. But first I suggest you read this carefully: www.nairaland.com/1945076/nigerias-megachurches-hidden-pillar-africas

jiangchu:


budget is a function of revenue same apply to companies. you guys cant see deep. those companies earn more than our entire country.

THAT IS A HUGE UNTAXED SECTOR OF THE ECONOMY, INFACT HER MAJOR COPORATION. THE TEMPLES OF FRAUD. YOU GUYS CANT SEE DEEP. gazettereview.com/2016/02/richest-pastors-in-world/

THE TEMPLE OF FRAUD.

They stand tall on pulpits high. Armed with mesmerizing words which they spit out from their LYING lips.

In white regalia they are dresssed. An outward show of their being PURE.

PURITANS............!? Isn't it all but PRETENCE that they are UNSTAINED, SAINTS?

Hmm.........In TRUTH, they are men of the UNDERWORLD. Living for the VANITIES of a FLEETING WORLD. These are DEVILS masqurading as MEN OF GOD.

Not to the path of SALVATION they lead souls but to the gates of their own selfish ends. PARADISE IS LOST. OH! WHAT A GREAT LOSS.

"Denounce the world!" "Denounce the world!" "Paradise is for the poor!" "Denounce the world" "I say to you, it is easier for a camel to go through the eye of a needle than for a RICH MAN to enter the kingdom of God". "Denounce the world".

Rhetorics by these 'MEN OF GOD' on pulpits high. 

Telling with their SILVER TONGUE what their hearts detest not "Denounce the world". In TRUTH these so called MEN OF GOD are they ones MOST IN LOVE with the vain, vanities of our fleeting world, which themselves have NOT DENOUNCED. Enriching themselves with Silver and Gold. Enjoying Illicit sexual pleaures with women, married, spinters, widows and divorced and more than enough wine they get in supply which never siezes, a refreshment for the flesh.

Between their Rhetorics and Reality in the MIRROR OF TRUTH is their image of course which doesn't reflect their SAY as one who WALKS their own TALK. "Denounce the world!" "Denounce the world!".    

"Let your YES be YES and your NO be NO, what ever is more than these is from the EVIL ONE". The book of Matthew recorded so as been taught by a GREAT TEACHER of TRUTH Jesus Christ the son of Mary.

But NOT these so called MEN OF GOD on pulpit high in their TEMPLE OF FRAUD. Their "YES" is never "YES". And so for sure they are from the EVIL ONE whose TWO-FACE is MASKED with the hypocritical doctrine: "Do as I say and not as I do" FVCKING HYPOCRITES!!!.  

Overly obsessed they are with the glittering chattles of deception of our deceiving world.  Seducing them from fulfiling their pledge in the drama of our everday life. EXHORBIRANTLY they live, an EXPENSIVE TASTE via EXPLOITATION of the GULLIBLE they call "THE SHEEP".

Is a sheep not a DULL animal!? 

PRIEST OF LIES, PREACHERS OF FALSEHOOD, PROPHETS OF DOOM. They keep selling their souls for PALTRY GAINS. Which they themselves know or should know inevitably leads to ENDLESS PAIN in the BLAZING FLAME.

Have you ever been told about an old wise saying: "A GOOD NAME IS BETTER THAN GOLD?"

Lo and behold that VIRTUE "a good name" so PLAIN and SIMPLE, a BEAUTY of the GARDEN, an allurement which can't be bought. Even if you have bags of gold bars and silver coins and willing to pay threefolds more. NEVER WILL IT BE SOLD because a good name is not for sale.

Anyone who sell their name, never had a GOOD NAME.

Have you seen an HONEST MAN? How his GOOD NAME shines from SEVEN HEAVENS above. Good men shall always be remembered as a blessing for their being SINCERE IN HONESTY. Their "YES" is their "YES" and their "NO" is their "NO". They WALK their TALK and practice what they preach.

Priest, Pastors of the TEMPLES OF FRAUD. Go into your praying chambers and ponder. IS FRAUD AMUSING? Oh, you are laughing "hahahahaha......and sober not?!!!"  VANITY REMAINS TO THEM A THING OF PRIDE.

"Pure and undefiled religion before God is this: to visit orphans and widows in their troubles, and keep one-self unspotted from the world" The Epistle of James 1:27.

People saying Nigeria is rich base it off potential not off of tangible standards of living. To answer your questions yes we will grow. We have to start from somewhere.

And how can a nation every grow when EXAMINATION MALPRACTICE has become a culture, so normal. Nigeria has not seen anything yet.

jiangchu:
Nigeria population 200million ===========nigeria budget 2017 $18 billion

McDonald corporation number of Employee 375,000=====revenue 2016 $24.6 billion

Walmart corporation number of employee 2.3 million==== revenue 2016 $485.87 billion

APPLE INC. number of employee 116,000===========revenue 2016 $216 billion


note that 70% of our budget is spent on recurrent expenditure.


also note that if our GDP IS 1.1Trillion dollar how come our budget is $18billion

Ur last question is what I have been saying since

Our GDP to revenue ratio is too small ...which can be explained with one term ineffective taxing system
Until we raise our revenue to over $200bn ...we can't achieve development ...that is just the fact

SaulRazor:


Don't mind them ..too many people with low IQ in Nigeria ..I always laugh when Nigerians say our country is very rich...they should tell that to Samsung or IKEA ..

hope people can see deep

mrvitalis:


Ur last question is what I have been saying since

Our GDP to revenue ratio is too small ...which can be explained with one term ineffective taxing system
Until we raise our revenue to over $200bn ...we can't achieve development ...that is just the fact

our budget is paltry compare to our population