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Rayjnr's Posts

Nairaland Forum › Rayjnr's Profile › Rayjnr's Posts

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Politics › Re: Fayemi Salutes Obasanjo At 89, Hails His Service To Nigeria by Rayjnr: 8:12am On Mar 06
Service of corruption abi
Politics › Re: Obasanjo A Living Legend – Emir Of Ilorin by Rayjnr: 5:39pm On Mar 05
Antoeni:
On This Special Day of His Birthday Lets Ask Him, where is The $16 Billion For Electricity?
Thank you,
He is the grandfather of corruption
Politics › Re: Obasanjo A Living Legend – Emir Of Ilorin by Rayjnr: 5:38pm On Mar 05
AntiChristian:
Living legend Emperor!

Ebora owu!
Grandfather of corruption
Politics › Re: Obasanjo A Living Legend – Emir Of Ilorin by Rayjnr: 5:38pm On Mar 05
He had a golden opportunity to fix this country in 1999, but na grandfather of corruption title he bag
Travel › Re: Abuja-Kaduna Highway Hits 80% Completion, Set For April Delivery by Rayjnr: 8:13pm On Mar 04
simpleseyi:
.
NDLEA is a useless organisation. Imagine youths like this one still on combination of very hard dtugs
Exactly my thoughts about your brain not being functional enough to understand that you are being cheated. Ndlea no really try
Travel › Re: Abuja-Kaduna Highway Hits 80% Completion, Set For April Delivery by Rayjnr: 5:49pm On Mar 04
Nigerian government only capital project, uzless people, road everyday of the year
Foreign Affairs › Re: We Said No To War In 2003 & We Say No Today - Sanchez, Spanish Prime Minister by Rayjnr: 1:57pm On Mar 04
Nword22:
The war must go on to be free From devilish oppressors.

Our grand father's fought war and we are also ready for it if needs be.
To fight common Fulani here u dey cry
Politics › Re: Tax Law: VAT Hits Record ₦1 Trillion As New Sharing Era Begins by Rayjnr: 11:42am On Mar 04
nairalanda1:
Well, yes, but oil accounts for 80% of government revenue...and that's where the budget comes from. We are oil dependent, essentially. That';s why all our budgets for years have had a oil price benchmark
Yeah you are right , I just said we should start from somewhere,
Another question, why is it that our only capital project is always road?
Politics › Re: Tax Law: VAT Hits Record ₦1 Trillion As New Sharing Era Begins by Rayjnr: 11:36am On Mar 04
nairalanda1:
Well, I did, and note that I did not defend any criminals. Infact, I showed you why your political leaders are bad...up till today, our economy relies on oil alone. Sane nations have diversifed economies, even saner ones(to paraphrase Peter Obi) have manufacutring and productive industries as the basis of our economy. It's not just corruption that is wrong with our leaders, you see.



Well, let's assume we have a leader that would pay social security, unemployed and aged nigerians (and note that I did not say that they should be excused for not paying them, or that they are trying their best)...ie pay all those things for ALL NIGERIANS...including people in the villages and cities, as well as all the unemployed...not just unemployed university graduates.

1. 80% of government revenue comes from oil sales

2.At `under 2 million bpd, oil revenues can only generate about 70 billion dollars.

3. By my estimate, Nigeria would need to be generating somewhere around 500 billion dollars to do what you want. If not more

4. Our leaders are bad because since 1960, they haven't created that type of economy (meanwhile South Korea went from being behind most African nations in 1960 to where it is today).

So, I believe we need to stop corruption, let's make that clear...but on today's revenue, we can't pay all the folks you said they should pay...at the rates they should pay them in your mind.

That is why either we vote in a leadership that makes us a producer of industrial goods and services, and taxes 40% of the gdp or even more...or we forget about it. Because trying to pay unemployed, aged, and provide a social security net..something that developed countries incur a lot of debt doing so...is going to push us into a debt in the hundreds of billions of dollars.

P.S : Don't call me a supporter of corrupt leaders again. It shows you don't get what I am saying.
Yes you are right but remember we don't only get revenue from oil, and the reason I'm advocating for social security is that our elites capitalize on excess funds to steal,
Look at their capital project, only roads .
Politics › Re: Tax Law: VAT Hits Record ₦1 Trillion As New Sharing Era Begins by Rayjnr: 10:22am On Mar 04
PolyGamous:
Lol, I think I understand why the oil rich states are trying to be alone..

Make dem use oil money of states with fewer unemployed people to pay the region with most unemployed people??

You didn’t even say taxpayers’ money, na oil money you target. Try to re examine things before submitting your post
But u are happy when elites from the non oil producing region enjoy it abi?
See masses defending elites
Check owners of oil well in Nigeria before supporting criminals
Politics › Re: Tax Law: VAT Hits Record ₦1 Trillion As New Sharing Era Begins by Rayjnr: 10:20am On Mar 04
nairalanda1:
If you want a social security net, then you have to pay taxes at very high rates for it...all of us, including farmers and beggars.

A social security net based on oil earning that cannot pass 100 billion dollars..annually....for 230 million people is basically asking for the government to borrow even more and more money. You know how that would end.
Read what I said again please before defending criminals
Politics › Re: Tax Law: VAT Hits Record ₦1 Trillion As New Sharing Era Begins by Rayjnr: 8:58am On Mar 04
Nigerians wake up, these guys are criminals,
We ask for social security because we are all stakeholders in Nigeria's oil, not only president, governors and lg chairmen.
Pay the unemployed and aged Nigerians.
Foreign Affairs › Re: US Embassy In Jerusalem Tells Americans In Israel That It Can’t Evacuate Them by Rayjnr: 4:32am On Mar 04
USA is a threat to global peace
Politics › Re: Nigeria's First Defense Minister, Ribadu With Former Commandants Of NMS In 1963 by Rayjnr: 4:31am On Mar 04
Oomardesigns:
Before greedy and wicked people took over the country
They lay the foundation for greed
Politics › Re: Nigeria's First Defense Minister, Ribadu With Former Commandants Of NMS In 1963 by Rayjnr: 4:30am On Mar 04
Those that lay corruption foundation
Politics › Re: Political Sins Cannot Take Anyone To Hell - Oshiomhole by Rayjnr: 8:28pm On Mar 03
He is literally saying stealing public funds won't take you to hell, no wonder
Politics › Re: President Tinubu Meets Osun APC Governorship Candidate, Ambo In The Villa (Pix) by Rayjnr: 4:36pm On Mar 03
Richtaiwo:
At least they are solving party crisis, unlike one agulu packaged fraud that keeps running away from parties after causing crisis.
Stop this party shiiiit , we talking national development , you are a stakeholder in Nigeria's oil Incase you don't know
Politics › Re: President Tinubu Meets Osun APC Governorship Candidate, Ambo In The Villa (Pix) by Rayjnr: 4:27pm On Mar 03
This is their problem, party,party and party,
Security of lives and property,
Welfare is why you were voted and not to be solving party crises
Politics › Re: Photo: Femi Otedola Joins Aliko Dangote And His Family For Iftar In Abu Dahbi by Rayjnr: 4:42am On Feb 24
hoygift:
Just so you know, Trump no Sabi who be Dangote.
Dangote is richer than him
Politics › Re: A Disgrace, There’s No Opposition In Nigeria’ – Odinkalu Slams Atiku, Peter Obi by Rayjnr: 4:41am On Feb 24
The Truth, they bunch of selfish people, they can't put their heads together
Politics › Re: Catholic Bishops To FG: End Nigeria’s Bloodshed, Guarantee Credible 2027 Polls by Rayjnr: 12:39pm On Feb 23
Pressure them to start social security and see magic.
Politics › Re: Ramadan: If I Have Sinned You, Forgive Me - President Tinubu (Video) by Rayjnr: 3:32am On Feb 19
You have sinned all Nigerians, give us our right
Politics › Re: Oyebanji Hails President Tinubu On Roads Infrastructure In Ekiti by Rayjnr: 6:37pm On Feb 18
Everyday road, deceivers , what happens to our welfare?
Celebrities › Re: Tonto Dikeh And Olakunle Churchill Celebrate Their Son's 10th Birthday by Rayjnr: 2:22pm On Feb 17
Their body still dey touch each other oh
Romance › Re: Wedding Called Off In Imo After Groom Discovers Old Social Media Photos Of Bride by Rayjnr: 5:38am On Feb 17
SixSeven:
This is for women unfortunately. The world has double standards. The man's sins will be overlooked, the woman's sins will be scrutinized.
Na inside toto Dem dey shook prik so na different things entirely
Politics › Re: Crowd As President Bola Tinubu Arrives In Yola by Rayjnr: 7:34pm On Feb 16
For God sake who are these people? , I mean the crowd.
Romance › Re: Yaytseslav Trahov: The Russian Secretly Used Glasses To Film Sex Acts With Women by Rayjnr: 3:31pm On Feb 16
TotoSuckker:
This guy needs to be punished severely for this
And the ashewo women?

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