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32 Countries Of Less Than 40 Million People With Bigger Budget Than Nigeria. - Politics (3) - Nairaland

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Re: 32 Countries Of Less Than 40 Million People With Bigger Budget Than Nigeria. by crownprince102: 11:02pm On Jun 18, 2017
Meel:
They should merge us and lease us to a good hearted business tycoon, cos as am seeing it, there is no way forward.
Politicians in Nigeria are unintelligent people/thugs.

No way forward

or what do you suggest
Chai....


See as Nigeria turn business proposal.


To our leaders, there is God!!!

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Re: 32 Countries Of Less Than 40 Million People With Bigger Budget Than Nigeria. by crownprince102: 1:55pm On Jun 28, 2017
Meel:
They should merge us and lease us to a good hearted business tycoon, cos as am seeing it, there is no way forward.
Politicians in Nigeria are unintelligent people/thugs.

No way forward

or what do you suggest
that good hearted is the main problem......


None is in existence

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Re: 32 Countries Of Less Than 40 Million People With Bigger Budget Than Nigeria. by baralatie(m): 2:37pm On Jun 28, 2017
wickyyolo:
Can they pad budget ? grin They are still learning work grin
abi o
Re: 32 Countries Of Less Than 40 Million People With Bigger Budget Than Nigeria. by grandstar(m): 6:45pm On Dec 24, 2018
fados4sure:

Are you saying Romania is a developing country? I have been to Constata & Bucharest in Romania

They are a developing country.

Its at most an upper middle income country.

Romanians have flooded the UK seeking odd jobs. They are probably the 2nd largest Central Europeans in the UK after the Poles

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Re: 32 Countries Of Less Than 40 Million People With Bigger Budget Than Nigeria. by justfash50: 7:36pm On Dec 24, 2018
omohayek:

And by writing this, you've just provided the answer to your own question. The main reason why Nigeria's budget is so small is because it is an extremely poor country, and the reason why the country is poor is because the productivity of most Nigerians is extremely low. Seeing as the nation's transport infrastructure is in shambles, its electricity supply is inadequate and erratic, its educational system is a joke, and its macroeconomic policies are hostile to private enterprise, this poverty is in turn no surprise.

The other chief reason why the Nigerian government's budget is so small is because, unlike most of the other countries you list, few Nigerians pay any taxes, and the primary source of government income is still the same old 2 million barrels per day it has been over the last 47 years. Unfortunately for Nigerians, the real price of oil has not kept up with the 3% annual growth rate of the population, so the same revenue that was spent on 70 million 40 years ago must now cater for 190 million: I hope I don't need to spell what that means for quality of services delivered (which in Nigeria has never been good).





Very good analysis , but don't forget that leadership is key in optimizing our endowed resources for the development of the Nation.

Countries like Asian tigers started gradually to develop their nations with very little resources and they have made history today.

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Re: 32 Countries Of Less Than 40 Million People With Bigger Budget Than Nigeria. by stevnwigw1: 7:44pm On Dec 24, 2018
crownprince102:

Sir, the question is;


Why haven't we become developed as they are?


It's we let go of third world thinking like yours, we need to think wide and large to make Africa a better place.


#iBelieveWeCan
You refused to give Igbo power so shall you remain till the best brain attend the position of decision making.

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