samuelpeters:

I was reading comments and shaking my head.
Most of them do not even understand the news.
How could money allocated for personnel costs just disappeared.
Something is wrong somewhere.

PhiliptheArab:
1. I blame the government for not diversifying the economy.

2. Having said that, oil has been below what we need it to have a good enough income since 2014.

We need oil to be at $140 per barrel before we can run a budget without borrowing. Its called our breakeven price, and the reason why we borrow is because oil prices have been below that for years

3. The solution really is simple. Remove oil subsidy. Remove power subsidy. Use the savings to pay salaries .Prices will go up, but we have no choice.

4. Or taxes go up

5. Diversify. Diversify

6.Or pray that oil goes up.


Truthfully speaking, i think we should remove subsides. So that free investment and jobs flow in
Income from there combined with income from savings made will end this crisis

Time we did something we should have done in 1993 . If we had done it then, we should have been better off.

7. And lets fight corruption for real

yemex04:




Check well, most of those commenting are graduates and youth! They do not read to comprehend.The IPPS is to expose CEOs of agencies like the ones having problems..Now questions would be asked from them how the budget became exhausted before time.

yemex04:




Check well, most of those commenting are graduates and youth! They do not read to comprehend.The IPPS is to expose CEOs of agencies like the ones having problems..Now questions would be asked from them how the budget became exhausted before time.

StaffofOrayan:
Lmao
The current Nigeria was not designed to work
All your 'leaders' know that,
Increasing tax, removing subsidies and all that just to pay salaries in a shrinking economy would only make people poorer, it's bacis economics

luminouz:



Been following your posts lately.

You like your meat flavoured right?

Srallens:
. If the head of these agencies can be interrogated, or their spending for the year in question is probed, I'm sure there must be so many wrong doings with respect to unapproved expenditures.

Salary should be the top most priority of any agency. Why can you exhaust every dime allocated to you without thinking ahead of the hardship and precarious condition it will place the employees.

Quite unfortunate. I will advise that every single head of these agencies be probed, and if found culpable, they should be properly disciplined or made to resign prematurely

ATEAMS:



I like smoked steak! Smoking meat is best for long-cooking tough cuts, like a beef brisket or ribs, while enhancing its flavor and tenderizing the meat so it's not chewy. With some finesse and free time, it's easy to penetrate thick steaks with smoky flavor while keeping the insides medium-rare.

masterP042:
We know that restructuring will solve these issues. Some of these ministries are redundant, most of them can actually be merged together.
But we rather treat symptoms than the actual sickness.
No wonder most of these agencies have not released job adverts for years. They can't generate enough money to pay their salaries, they wait on the government at the end of the month to share oil money.
The way Nigeria is going is not sustainable. A lot of parasites in the govt. No wonder buhari borrows to pay salaries.. Restructuring is the solution

weyreypey:

Increase the price of petrol... close borders to make food prices astronomical

globalresource:
God himself will judge those paid agent supporting this government. The most useless president in the history of nigeria

DamZik:
I have a friend in Fire Service. It has not been easy. Buhari should please do something. Senators cannot be receiving #30M monthly for doing nothing other than sleeping and frivolity why those who goes to work everyday earn nothing. It's not fair.

ATEAMS:
Only those who care about you, can hear you when you’re quiet.

maestro299:
To be candid, restructuring is only PART of the solution. The average Nigerian in governance is short-sighted, selfish and wicked. Even if this country splinters into 500 parts, I'm willing to wager that the mentality of whoever will be in charge of these places, will not be any different from the corrupt theives that are ruling us now. The black man's problem is a lack of leadership mentality. Solve that, and no matter the structure on ground, we'll make it work.

PhiliptheArab:
1. I blame the government for not diversifying the economy.

2. Having said that, oil has been below what we need it to have a good enough income since 2014.

We need oil to be at $140 per barrel before we can run a budget without borrowing. Its called our breakeven price, and the reason why we borrow is because oil prices have been below that for years

3. The solution really is simple. Remove oil subsidy. Remove power subsidy. Use the savings to pay salaries .Prices will go up, but we have no choice.

4. Or taxes go up

5. Diversify. Diversify

6.Or pray that oil goes up.


Truthfully speaking, i think we should remove subsides. So that free investment and jobs flow in
Income from there combined with income from savings made will end this crisis

Time we did something we should have done in 1993 . If we had done it then, we should have been better off.

7. And lets fight corruption for real

PhiliptheArab:


So what should we do

1.Spend money we don't have?

2.Keep taking loans to finance the subsidies and other things, since we can't remove subsides?

3.Restructuing or dividing Nigeria won't help. I doubt any of the regions apart from the oil producing states can raise funds to pay the new civil services. Apart from oil, we have no other export that can earn a substantial amount of money for us, together or apart.


I know you people don't like removing subsides. But the money we throw away on subsides over the years is what is making us take loans to cover up. Now they can't take loans anymore.

Simple economics....remove subsides, allow the petroleum and power sectors be profitable, more investment flows in, and after some harship, things would get better, and there would be savngs galore.

And yes, we should fight corrption, and yes, APC and PDP are not the answer, and yes, our national assembly needs reduction.




After 60years of selling oil yet no meaningful development apart from jumbo salary. No light no road no security. Yet someone would wake up and say Nigeria doesn't depend on oil. Its simple cut the cost of governance or you kill people with tax

PhiliptheArab:
1. I blame the government for not diversifying the economy.

2. Having said that, oil has been below what we need it to have a good enough income since 2014.

We need oil to be at $140 per barrel before we can run a budget without borrowing. Its called our breakeven price, and the reason why we borrow is because oil prices have been below that for years

3. The solution really is simple. Remove oil subsidy. Remove power subsidy. Use the savings to pay salaries .Prices will go up, but we have no choice.

4. Or taxes go up

5. Diversify. Diversify

6.Or pray that oil goes up.


Truthfully speaking, i think we should remove subsides. So that free investment and jobs flow in
Income from there combined with income from savings made will end this crisis

Time we did something we should have done in 1993 . If we had done it then, we should have been better off.

7. And lets fight corruption for real

DamZik:
I have a friend in Fire Service. It has not been easy. Buhari should please do something. Senators cannot be receiving #30M monthly for doing nothing other than sleeping and frivolity why those who goes to work everyday earn nothing. It's not fair.

bahaushe1:


This has nothing to do with the President.

Ebenezer202I:
stop believing nonsense, senators don't receive 30 million monthly please.
Stop believing lies being peddled by those jobless miscreants on Twitter.

PhiliptheArab:


So what should we do

1.Spend money we don't have?

2.Keep taking loans to finance the subsidies and other things, since we can't remove subsides?

3.Restructuing or dividing Nigeria won't help. I doubt any of the regions apart from the oil producing states can raise funds to pay the new civil services. Apart from oil, we have no other export that can earn a substantial amount of money for us, together or apart.


I know you people don't like removing subsides. But the money we throw away on subsides over the years is what is making us take loans to cover up. Now they can't take loans anymore.

Simple economics....remove subsides, allow the petroleum and power sectors be profitable, more investment flows in, and after some harship, things would get better, and there would be savngs galore.

And yes, we should fight corrption, and yes, APC and PDP are not the answer, and yes, our national assembly needs reduction.

IkpuNnegiEwu44:
Buhari has finished Nigeria.

Nigeria for sale on jiji

Bimpe29:
Things are really getting worse these days. From one problem to another, with no end in sight.
May Allah bless and help us Aameen.