₦airaland Forum

Threads as this would never make front page

Do not say what you cannot justify, globally budgets increase especially for developing nations, it is only in Nigeria that anyone can
Analyse the economy,, people without fundamental knowledge in economics and finance, even in advanced clime accountants do not but in our country everyone is a financial expert without any degree to show, it is very bad

Coldie:
I can never be worried about your comments, am just worried about how someone could be this f00lish

Why are you contradicting yourself?

helinues:
Why are you contradicting yourself?

What an Irony, now I know why mad people stay in the middle of the road and start calling every passersby mad...

The foolish nature never changes.

imiski:
exchange rates are an effect of economic policy thrust. Poor economic policy poor exchange rates. Simple primary economics.

Obviously Sir, you lack the basic and fundamental knowledge on Principle of Government budget. The budgets are about the same when compared in dollar exchange rates for each year.


A government budget is an annual financial statement which outlines the estimated government expenditure and expected government receipts or revenues for the forthcoming fiscal year. Depending on the feasibility of these estimates, budgets are of three types -- balanced budget, surplus budget and deficit budget.

Pruwa:
is not the same sets of person in pdp that are now in Apc
abeg leave matter for mathaias

Shut up

iammo:
I don't know about anyother region but SouthWest with Lagos - Ibadan express road getting reconstructed, Ibadan - Ife road getting reconstructed, Oyo Ogbomosho road receiving attention, Standrd Train Service now working connecting 3 out of 6 south west state.. APC far outshines imbecilic PDP and that was why we rejected them

Thank God u noticed; those are the only SOUTHERN Nigeria projects ongoing for six years....cuz of the nepotic president.....I wish him death.....

Even the south south that HV oil,he doesn't take care of....useless man

HundHunter:
Obviously Sir, you lack the basic and fundamental knowledge on Principle of Government budget. The budgets are about the same when compared in dollar exchange rates for each year.
A government budget is an annual financial statement which outlines the estimated government expenditure and expected government receipts or revenues for the forthcoming fiscal year. Depending on the feasibility of these estimates, budgets are of three types -- balanced budget, surplus budget and deficit budget.

Thank you sir. But my point is, if a government has put good policies in place they would not suffer a budget deficit. If more money is allocated to debt financing especially to international organisations then it would put pressure on the exchange rate.

Iceyjays:
Shut up

lmao why are you Pained?

Pruwa:
lmao why are you Pained?

I'm not

Coldie:
What an Irony, now I know why mad people stay in the middle of the road and start calling every passersby mad...

The foolish nature never changes.

See things you have witnessed and experienced with your special time..

You need to start experiencing better things oo apart from gnashing of teeth

helinues:
See things you have witnessed and experienced with your special time..

You need to start experiencing better things oo apart from gnashing of teeth

Grow the fvck up.

We all want a better Nigeria doesn't mean we will be hollow

Coldie:
Grow the fvck up.

We all want a better Nigeria doesn't mean we will be hollow

If you indeed want a better Nigeria, you could have made your contributions and move on without poke nosing into others affairs..

Na so you get time reach?

Viktom:
PDP Budgets in 16 years vs APC for 6 years, be the judge

Below is the breakdown of yearly budgets of the administration of the then ruling Peoples Democratic Party (PDP), under four different Presidents. 

Under the PDP, we had Olusegun Obasanjo, who ruled for 8 years, Yar'Adua spent 3 years, while Dr. Goodluck Jonathan spent 5 years making it a total of 16 years. 

On the other hand, President Muhammadu Buhari, of the APC who has completed his first four years and currently in his second term which will terminate in 2023, has passed through a six budget cycle, latest being the 2020 budget recently passed by the National Assembly. 

Below is the breakdown year by year

PDP budget for sixteen years

1. 1999 - 299bn

2. 2000 - 702bn

3. 2001 - 896bn

4. 2002 - 1.06tr

5. 2003 - 1.45tr

6. 2004 - 1.19tr

7. 2005 - 1.6tr

8. 2006 - 1.88tr

9. 2007 - 1.237bn

10. 2008 - 2.74tr

11. 2009 - 3.05tr

12. 2010 - 4.4tr

13. 2011 - 4.7tr

14. 2012 - 4.9tr

15. 2013 - 4.99tr

16. 2014 - 4.96tr

Total = N41.22tr

APC budgets for 6 cycles. 

1. 2015 - 4.4tr

2. 2016 - 6.6tr

3. 2017 - 7.4tr

4. 2018 - 9.12tr

5. 2019 - 8. 92tr

6. 2020 - 10.33tr

Total = N40.17tr

In your opinion, which of the two administrations the budget had direct impact on the economy and the people?

my brother, consider Naira has not been standing at the bus stop since then

That is what you get for allowing a lifeless, brainless and clueless cattle rearer rule you, ably deputised by a professor of law who is just a mere errand boy to the cabal.

As for those shouting that it is because of dollar rate, it was still the cluelessness and ineptitude of this regime that brought our Naira to its knees, dollar rate has doubled only in one tenure of the so called "Progressives"

Buhari is useless to
Nigeria

imiski:
the exchange rate is directly propotionate to the fiscal policy of government.

Who taught you that?

Roon9:
Threads as this would never make front page

You mean foolish threads like this?

bigpicture001:
Thank God u noticed; those are the only SOUTHERN Nigeria projects ongoing for six years....cuz of the nepotic president.....I wish him death.....

Even the south south that HV oil,he doesn't take care of....useless man

Can you mention any project Jonathan embarked on?

DMerciful:
What was the dollar exchange rate at these times? Those budget are about the same amount in dollars!

my guy thank you very much. People don't know that budget is just a proposal. The actual revenue and expenditure might just far below the budgeted figures

Coldie:
Grow the fvck up.

We all want a better Nigeria doesn't mean we will be hollow

What is your problem? Why do you Igbos always find it hard to accept opposing views? You are all autocrats. I noticed that about you all. You bully people who do not agree with you. Check ipob starting from nnamdi Kanu to the least minions.

The same way you all bully that mannabbq guy. There’s one of you who has dedicated his life to canceling posts from people he does not agree with. Why are you igbos like this? Anybody who do not support your pdp is a zombie. When Jonathan was president no one dares criticize him you will all pounce on that person. I remember how you label any opposing opinions as hatred for igbos. The only reason I will not want Igbo president is nobody would be able to criticize him without you fools calling that person a bigot even if the president loots Nigeria like T.A orji or Kanu.

We should learn to debate matters fair and square on if the right actions are been taken place, not always act sectional and ignorant in a very foolish way.

What the OP said right here is he saying the truth or nah

ugotex85:
As for those shouting that it is because of dollar rate, it was still the cluelessness and ineptitude of this regime that brought our Naira to its knees, dollar rate has doubled only in one tenure of the so called "Progressives"

Another dumb retard. Naira was less than N80 during abacha regime and rose to over N100 during Obj regime. Jonathan left it at 190.

The naira is tied to the crude oil. Nobody can do anything about it. Your Ngozi would have left it the way she met it.

Stop commenting on what you are ignorant of you slowpoke.

Coldie:
We should learn to debate matters fair and square on if the right actions are been taken place, not always act sectional and ignorant in a very foolish way.

What the OP said right here is he saying the truth or nah

Yet you didn’t contribute anything other than attacking another poster.

What the op posted is dumb. He should have posted their dollar equivalent.

Dangote is currently richer than America in the 1930’s.

Perkins2018:
Yet you didn’t contribute anything other than attacking another poster.

What the op posted is dumb. He should have posted their dollar equivalent.

Dangote is currently richer than America in the 1930’s.

What did he contribute?

We have not even started an analysis and he was already trying to spoil the mood.
What in the world is this supposed to mean?
"Tom and dick measuring for this time?

Have you been tested @ op ?"

For you to say Dangote is richer than America in the 1930's sells u out. It turns out we igbos have been right the whole time.

A lot of u come here with your foolish arguments to back up alot of foolish statistics and end up disgracing yourselves. You don't know how much it pains us.

Perkins2018:
Another dumb retard. Naira was less than N80 during abacha regime and rose to over N100 during Obj regime. Jonathan left it at 190.

The naira is tied to the crude oil. Nobody can do anything about it. Your Ngozi would have left it the way she met it.

Stop commenting on what you are ignorant of you slowpoke.

You are beginning to sound more myopic.

Perkins2018:
Can you mention any project Jonathan embarked on?

Where...? East,north south west

bigpicture001:
Where...? East,north south west

Anywhere.

Coldie:
You are beginning to sound more myopic.

Don’t just abuse. Counter with points.

Pruwa:
is not the same sets of person in pdp that are now in Apc
abeg leave matter for mathaias

q


Was Buhari in PDP?

Coldie:
What did he contribute?

We have not even started an analysis and he was already trying to spoil the mood.
What in the world is this supposed to mean?
"Tom and dick measuring for this time?

Have you been tested @ op ?"

For you to say Dangote is richer than America in the 1930's sells u out. It turns out we igbos have been right the whole time.

A lot of u come here with your foolish arguments to back up alot of foolish statistics and end up disgracing yourselves. You don't know how much it pains us.

You have not said anything. You can hug a transformer for your pain.