₦airaland Forum

Nigeria’s budgets in N/$ since 1999

1999 –N407 bn ($18.59 bn)
2000 – N702 bn ($8.16 bn)
2001 – N1.318 trn ($13.31 bn)
2002 – N1.0648 trn ($9.77 bn)
2003 – N1.45 trn ($12.72 bn)
2004 – N1.3 trn ($10.24 bn)
2005 – N1.8 trn ($14.01bn)
2006 – N1.88 trn ($14.63 bn)
2007 – N2.39 trn ($19.92 bn)
2008 – N2.74 trn ($23.03 bn)
2009 – N3.049 trn ($21.03 bn)
2010 – N5.16 trn ($34.4 bn)
2011 – N4.972 trn ($33.15 bn)
2012 – N5.0386 trn ($32.93 bn)
2013 – N4.987 trn ($31.17 bn)
2014 – N5.23 trn ($32.67 bn)
2015 – N5.6425 trn ($29.67 bn)
2016 – N6.061 trn ($30.74 bn)
2017 –N7.441 trn ($24.40 bn)
2018 – N9.12 trn ($29.90 bn)
2019 – N8.92 trn ($29.25 bn)
2020 –N10.59 trn ($29.42 bn)
2021 – N14.573 trn ($38.45 bn)
2022 – N17.908 trn ($43.66 bn)
2023 –N24.007 trn ($55.10 bn)
2024 – N35.055 trn ($43.82 bn)
2025 – N49.74 trn ($33.16 bn)
Total – N232.546 trn ($667.887 bn)

chiefolododo:
Hmmm....with nothing to show for it

quite sad

https://www.youtube.com/watch?v=6OxD9TQBw7s

If the National Assembly approves President Bola Tinubu’s N49.74 trillion 2025 budget proposal, it means in 27 years Nigeria has budgeted N232.546 trillion.
The figure is the summation of the various budgets and supplementary budgets passed by the National Assembly since 1999, according to Saturday Vanguard’s check.
Based on official exchange rates at the time of the appropriations, the N232.546 trillion is equivalent to $667.887 bn. If parallel or black market exchange rates were applied, the total sum would be less than $500 bn.

Late President Umaru Musa Yar’Adua, who was in the saddle for 1,071 days, spent N10.949 trillion or $79.13 billion, which is 4.71 percent of the staggering N232.546 trillion (see table). Yar’Adua died on May 5, 2010, 24 days to the third anniversary of his May 29, 2007 presidential inauguration.

In his eight years sojourn at the Presidential Villa, former President Olusegun Obasanjo appropriated N12.332 trn ($121.35 bn) or 5.30 percent of the 27-year budget. The figure includes the budget he inherited from the departing military regime of General Abdulsalami Abubakar, retd, on May 29, 1999.

Former President Goodluck Jonathan, who deputised for Yar’Adua, and succeeded him, presided over the affairs of Nigeria for five years during which he spent N25.296 trillion ($156.569 bn) or 10.88 per cent of the budget.

Immediate past President Muhammadu Buhari, the second man to rule Nigeria for two terms of eight years, had the highest expenditure. Between May 29, 2015 when he succeeded President Jonathan and May 29, 2023 when he handed over to President Tinubu, he spent 41.72 percent of the nation’s budgets in 27 years. He appropriated N97.018 trillion or $228.641 billion.
Current President Tinubu, who has been in the saddle for 17 months has so far spent N37.332 trn and by the end of the year, if his 2025 budget got National Assembly’s nod, would have spent N86.972 trn ($81.977 bn) or 37.40 percent of the budgets.
The Buhari figure included the N574.533 billion supplementary budget he made in 2015. Also, Tinubu’s budget sum included the N2.177 trillion supplementary appropriation of 2023.

Broken down further, the People’s Democratic Party, PDP, governments of Obasanjo, Yar’Adua and Jonathan spent N48.5564 trn ($257.069 bn) in 16 years while the ruling All Progressives Congress, APC, governments of Buhari and Tinubu budgeted N183.99 trn ($310.818 bn) in 11 years.

How N232.55 trn ($667.887 bn) was appropriated
Obasanjo – N12.332 trn ($121.35 bn), 5.30%
Yar’Adua – N10.949 trn ($79.13 bn), 4.71%
Jonathan – N25.296 trn ($156.569 bn), 10.88%
Buhari – N97.018 trn ($228.641 bn), 41.72%
Tinubu – N86.972 trn ($81.977 bn), 37.40%

una good morning

https://www.youtube.com/watch?v=D45X4IdfYBM

The Citizen's Lens welcomes you to the year 2025

karma is a aastard

yarimo:
Thank you Mr WIKE for exposing the sycophancy in odili who was busy claiming elder stateman

I think that is karma at its peak

The Minister of Federal Capital Territory, FCT, Ezenwo Nyesom Wike, has hit back at the former governor of Rivers State, Dr Peter Odili, who he said was politically dead until he (Wike) decided to revive him.
Describing Odili as a sycophant who would praise any government in power for pecuniary gains, Wike said he won’t be shocked if Odili goes ahead to arrange a new wife for the incumbent governor, Siminalayi Fubara.
Recalling how Odili praised him to the high heavens when he (Wike) was governor, the minister said Dr Odili went as far as hanging his (Wike’s) portraits in all the rooms in his house, including the kitchen and toilets.
Wike, who described Dr Odili as a rent seeker, said “An elder statesman should not be a trader and a sycophant all the time.”
Odili Has Reduced Himself to Ridiculous Level, Says Wike’s Aide
A former Governor of Rivers State, Dr Peter Odili, yesterday stated that Governor Siminalayi Fubara stopped the quest by one man to capture the state as a private estate.
This is just as Governor Fubara also declared that with the massive support of the people and the true leaders of the state, the political crisis in the state has made him stronger.
In his welcome address at a Christmas Ballad, he hosted for Fubara at his residence in Port Harcourt, Odili, who was careful not to mention any name, stated that the governor has emancipated the people of the state.According to him, Fubara has also steadied governance and made civil servants and the people as happy as they used to be before he left office as governor of the state in 2007.
Odili said his family decided to host Fubara and his family to a night of varieties of sing-song and other activities in appreciation of the fortitude and sterling leadership qualities he has demonstrated.
Odili explained that since October 25, 2023, when a fierce political battle was waged against Fubara over the soul of Rivers State, the governor has confronted the challenge, and prevented the quest by one man to capture the state as a private estate.
He however did not name the man who wanted to capture the state as his private estate.
Responding, Governor Fubara stated that while the political antagonism lasted, God gave him a new perspective on leadership.
According to him, with the strength of support from the people of the state, he has stopped seeing the political crisis in the state as a problem but as a necessary enabler in governance.
Speaking further, Fubara said God is in control of the affairs of the state, adding that as they look forward to a very prosperous 2025, the people are assured of good governance and better deals than what had been experienced.
Fubara, who vowed to continue to do the right things, said it was also delightful to see true leaders of the state and other well-meaning people of the state standing on the right side of history despite the pressures to surrender to tyranny and oppression.
Speaking at the event, the Speaker of the Rivers State House of Assembly, Victor Oko-Jumbo recalled how the crisis that erupted in the state assembly swept them off their feet but quickly added that the encouragement from Governor Fubara emboldened him and a few others to stand up for the truth to liberate the state.
In his speech, the Chief Judge of the state, Justice Simeon Amadi, said he least expected to have remained a chief judge, just as he didn’t expect the governor to last in office up until now given the political crisis.
Justice Amadi promised that he would continue to be on the right side of history in defence of the state.
Also speaking, former Minister of Transport, Dr Abiye Sekibo, noted that the gathering was a roll call of Odili’s political family.
He said Governor Fubara had sufficiently blended traits of Dr Odili’s leadership style with his, and steered the course of governance successfully, making the people of the State proud of him as a worthy son.
In his vote of thanks, the Chairman, of Rivers State Independent Electoral Commission (RSIEC), Justice Adolphus Enebeli (rtd), thanked the Odilis for organising the family reunion and lauded the governor and his family for showing unassuming humility and honouring the invitation.
He also thanked those he described as genuine elders and leaders of the state for joining in the celebration.

https://www.youtube.com/watch?v=zm1QDKPImOE

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pic 1

https://www.youtube.com/watch?v=qk1GgJIQgIE

A passenger plane flying from Azerbaijan to Russia has crashed near the city of Aktau in Kazakhstan killing four people, according to health officials and medical workers.

Flight number J2-8243, an Embraer 190 aircraft with 62 passengers and five crew members on board, was forced to make an emergency landing on Wednesday about 3km (1.8 miles) from Aktau.The plane was en route to Grozny in Russia but it was diverted due to fog.
Footage shows the aircraft heading towards the ground at high speed with its landing gear down, before bursting into flames as it lands. The airline said the plane "made an emergency landing" about 3km (1.9 miles) from Aktau.
It took off from the Azerbaijani capital Baku at 03:55 GMT on Wednesday, and crashed around 06:28, data from flight-tracking website Flightradar24 showed.

Reports from Russian media say the aircraft collided with a flock of birds before crashing, but this has not yet been confirmed. Kazakhstan’s Ministry of Emergency Situations said its teams found the aircraft on fire upon arrival at the scene with rescue units extinguishing the fire on arrival.
Video of the crash showed the plane erratically circling the airfield before the crash. As it hit the ground, the aircraft burst into flames, with bloodied passengers emerging from the wreckage shortly after.

Health officials and medical workers said at least four bodies have been found and many more are feared dead, including the two pilots. At least 32 passengers have survived and were hospitalised, according to the Prosecutor General’s Office in Azerbaijan. Two of the 29 survivors are children, authorities said, adding that all have been taken to a nearby hospital.

“An investigative team, led by the deputy prosecutor general of Azerbaijan, has been dispatched to Kazakhstan and is working at the crash site.”

Russian news agency Interfax cited the ministry as saying that there may be more survivors and quoted medical workers at the scene as saying that four bodies have been recovered.
The ministry said fire services had put out the blaze. It said 150 emergency workers were at the scene.

Passengers on the plane included citizens from Azerbaijan, Russia, Kazakhstan and Kyrgyzstan.
Russia’s aviation watchdog said in a statement that preliminary information suggested the pilot had decided to make an emergency landing after a bird strike. Aktau is on the opposite shore of the Caspian Sea from Azerbaijan and Russia.

Authorities in Kazakhstan said a government commission had been set up to investigate what had happened and its members ordered to fly to the site and ensure that the families of the dead and injured were getting the help they needed.

Azerbaijani President Ilham Aliyev has cut short a visit to Russia – where he was due to attend a summit on Wednesday.

“Unfortunately, Azerbaijan’s President Aliyev was forced to leave St Petersburg (where he had a summit). Putin has already called him and expressed his condolences in connection with the crash of the Azerbaijani plane in Aktau,” the Kremlin’s spokesperson Dmitry Peskov said.
“We deeply sympathise with those who lost their relatives and friends in this plane crash and wish a speedy recovery to all those who managed to survive.”

Ramzan Kadyrov, the Kremlin-backed leader of Chechnya, expressed his condolences in a statement and said those hospitalised were in an extremely serious condition and that he and others would pray for their rapid recovery.

Authorities in Kazakhstan said they had begun looking into different possible versions of what had happened, including a technical problem

OP pin the post, we will come back

Let's see the outcome

Salewa97:
Netanyahu, the butcher of Palestine.

The man who derive joy in killing innocent children.

How many years did he spend in the desert?

The West might still shield him

Long overdue

TooMuchStuff:
Israel is greater than ICC assshole....

ICC is designed for AFRICAN leaders and other third world countries ridden with "Corruption and Tyranny"

Killing of Terrorists cannot be stopped..

Those you're seeing instigated these problems, but we are not ready for this.

As for ICC arrest warrant, let's see how it goes

More of this

I thought they say na Seyi