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Nairaland Forum / Nairaland / General / Politics / Nigeria's Budget Vs Other African Countries Budget (44450 Views)
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Nigeria's Budget Vs Other African Countries Budget by abdeefggh: 1:09pm On Nov 29, 2023 |
We have a long way to go 50 Likes 12 Shares
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Re: Nigeria's Budget Vs Other African Countries Budget by TemplarLandry: 1:11pm On Nov 29, 2023 |
![]() 6 Likes 8 Shares |
Re: Nigeria's Budget Vs Other African Countries Budget by abdeefggh: 1:12pm On Nov 29, 2023 |
Reno omokri on x 136 Likes 18 Shares |
Re: Nigeria's Budget Vs Other African Countries Budget by Phantom233: 1:13pm On Nov 29, 2023 |
It's not about how much you budget but what you actually do with the money. Even if we're given 500billion dollars yearly, our extremly corrupt and wicked Apc political rulers and Allies will reloot the monies without any tangible results 444 Likes 45 Shares |
Re: Nigeria's Budget Vs Other African Countries Budget by abdeefggh: 1:15pm On Nov 29, 2023 |
Phantom233: 🤡 71 Likes 7 Shares |
Re: Nigeria's Budget Vs Other African Countries Budget by IgOga(m): 1:19pm On Nov 29, 2023 |
Phantom233: Seriously ![]() ![]() ![]() ![]() 111 Likes 5 Shares |
Re: Nigeria's Budget Vs Other African Countries Budget by Dialpad: 1:20pm On Nov 29, 2023 |
We need to find ways to generate more revenue... Sleeping giant .... 31 Likes 4 Shares |
Re: Nigeria's Budget Vs Other African Countries Budget by Corn247: 1:20pm On Nov 29, 2023 |
And this Nigeria's budgets is mostly borrowed. Sorry to say, this is what you get when you have huge unproductive population, population that thinks they are smart and intelligent by importing what we should be forced to produce and export . 138 Likes 12 Shares |
Re: Nigeria's Budget Vs Other African Countries Budget by bjtinz: 1:37pm On Nov 29, 2023 |
abdeefggh: This really doesn't tell you much. How are those budgets funded? For instance I can have a large, bloated budget that is almost 100% funded by borrowing. A better measure is the GDP which gives a clearer indication of a country's productive capacity. 30 Likes 4 Shares |
Re: Nigeria's Budget Vs Other African Countries Budget by madmohamed(m): 1:39pm On Nov 29, 2023 |
abdeefggh:the country you Manton is working properly Nigeria is not working 80 percent of the money will be stolen by our criminal politicians In South Africa all eyes 👀 will be on any project but in Nigeria they will keep on budgeting billion for one project for 20 years Loke our refinery our roads east west road Lagos abiokute road onitsha Enugu road many of them did you know how mush past government spends on that project still nothing working something will not happen in South Africa and Egypt Our politicians are more than arm robbers they need to be ston to death 92 Likes 10 Shares |
Re: Nigeria's Budget Vs Other African Countries Budget by Ogene001: 1:42pm On Nov 29, 2023 |
Dialpad:As una no wan put infrastructure based on economic consideration instead of political lobbying 5 Likes |
Re: Nigeria's Budget Vs Other African Countries Budget by Ogene001: 1:46pm On Nov 29, 2023 |
Corn247:A population that praise Chinese and lebanese industrialization in Ogun who pack Nigeria money to their countries but mock Nnewi and Aba for their indegenous efforts 133 Likes 10 Shares |
Re: Nigeria's Budget Vs Other African Countries Budget by nairalanda1(m): 1:51pm On Nov 29, 2023 |
Phantom233: I agree. We should use our two talents to make ten talents Nigeria has over the years used our limited oil money for mass welfare projects and looting. It hasn't used it to focus on improving power , rail and gas infrastructure so as to power industrial growth which would enable economic development in real terms 8 Likes |
Re: Nigeria's Budget Vs Other African Countries Budget by nairalanda1(m): 1:53pm On Nov 29, 2023 |
bjtinz: 1. Algeria produces about 4 times more oil than we do so more money (actually around the same amount of crude, but for a population of 44.5 million people, compared to our 200 million and more). 2. South Africa has a diversified economy and as such has more money. 3. Egypt has a diversified economy and is a tourism monster. (Everyone must see the Pyramids and the Sphinx at least once. That's billions of kash in hard currency without doing anything) Modified. On point one, as you can see , I have corrected myself. Kalm down ![]() 24 Likes 2 Shares |
Re: Nigeria's Budget Vs Other African Countries Budget by richiemcgold: 1:54pm On Nov 29, 2023 |
I've been saying this for donkey years that Nigeria is not as rich and financially bouyant as many Nigerians think we are. ..in a nutshell, Nigeria is a poor country with massive potentials 59 Likes 5 Shares |
Re: Nigeria's Budget Vs Other African Countries Budget by nairalanda1(m): 1:55pm On Nov 29, 2023 |
richiemcgold: True that. I woke up to that in 2011. 22 Likes 1 Share |
Re: Nigeria's Budget Vs Other African Countries Budget by nairalanda1(m): 1:56pm On Nov 29, 2023 |
Ogene001: This Nigerian thinks that nnewi and aba are amazing. 15 Likes 2 Shares |
Re: Nigeria's Budget Vs Other African Countries Budget by Tochi3(m): 1:57pm On Nov 29, 2023 |
. Kill corruption, making sure that politicians with questionable characters don't ever get near power , for example poo'hari & Thief'nubu & see Nigeria's budget surpass the three countries..the country Nigeria is richly blessed with resources than the three countries combined Incompetent foools like the two mentioned above have no love for the country... Just came to steal, Plunder, enthrone ethnic supremacy, corner & siphone the resources to themselves & goons...while their Internet miscreants tell you that it is because of our Huge population & you should make sacrifices having patience ![]() ![]() 21 Likes |
Re: Nigeria's Budget Vs Other African Countries Budget by tsdarkside(m): 1:58pm On Nov 29, 2023 |
abdeefggh: is he wrong....?? you are not rich....stop lyin to yourselves.... corruption is in every nation on earth.... our own is we are fightin each other for the little we have like crabs in a bucket.... 16 Likes |
Re: Nigeria's Budget Vs Other African Countries Budget by Neckpresser101: 2:03pm On Nov 29, 2023 |
Ogene001: ![]() Hahahaha nice and factual come back Nna 6 Likes |
Re: Nigeria's Budget Vs Other African Countries Budget by Neckpresser101: 2:03pm On Nov 29, 2023 |
nairalanda1: A little traveling will help your ignorance SE has the highest indigenous companies 15 Likes |
Re: Nigeria's Budget Vs Other African Countries Budget by nairalanda1(m): 2:04pm On Nov 29, 2023 |
madmohamed: South Africa has some issues with corruption 2 Likes |
Re: Nigeria's Budget Vs Other African Countries Budget by tsdarkside(m): 2:04pm On Nov 29, 2023 |
Neckpresser101: olomo billionaires.... what are you still movin around for then.... stay in your region.... 8 Likes 1 Share |
Re: Nigeria's Budget Vs Other African Countries Budget by nairalanda1(m): 2:05pm On Nov 29, 2023 |
Neckpresser101: Like I said, I think nnewi and aba are amazing re industries And you are calling me ignorant. 2 Likes |
Re: Nigeria's Budget Vs Other African Countries Budget by Corn247: 2:05pm On Nov 29, 2023 |
Ogene001: Yes the Chinese industries pay tax to china. Which useless thing do you produce in aba and how does it reflect in the revenue?? Ogun state alone generate more more than your five states and that makes sense to you clowns. Abeg pack well. 23 Likes 2 Shares |
Re: Nigeria's Budget Vs Other African Countries Budget by tsdarkside(m): 2:07pm On Nov 29, 2023 |
nairalanda1: no mind them....to them everywhere else is better than nigeria.... tell them that south africa is havin electric cuts too and they will not believe it.... people steal street lights and dig up cabels for the cooper....they will not believe it.... 10 Likes 1 Share |
Re: Nigeria's Budget Vs Other African Countries Budget by nairalanda1(m): 2:07pm On Nov 29, 2023 |
Corn247: Aba and nnewi produce a lot, a whole lot. Nnewi produces a lot of the small components needed for cars for example. That doesn't mean Ogun is not an industrial main zone 13 Likes 1 Share |
Re: Nigeria's Budget Vs Other African Countries Budget by Neckpresser101: 2:09pm On Nov 29, 2023 |
tsdarkside: Yeah the typical Yoruba logic ; Every single easterner lives in SW ![]() There are more than half a million of you in Anambra alone they even have oba of Yoruba in my town Awka. And What's wrong with Okoro opening his shop branches in Kano, Ibadan,Lagos, Oshogbo and Abeokuta? ![]() 20 Likes 1 Share |
Re: Nigeria's Budget Vs Other African Countries Budget by tsdarkside(m): 2:09pm On Nov 29, 2023 |
Neckpresser101: stay in your region....!! olodo....!! 5 Likes |
Re: Nigeria's Budget Vs Other African Countries Budget by Neckpresser101: 2:10pm On Nov 29, 2023 |
[/quote][quote author=Corn247 post=127226507] Lol IGR is just tax Tax is usually not up to 1 percent of Thier earnings it can be paid indirectly by adding the value to the goods You're a SW!ne and thus not Economically sound to know that most companies there remit most of their money back home No wonder Anambra has better GDP than Ogun because the money stay around Secondary school economics 16 Likes 1 Share |
Re: Nigeria's Budget Vs Other African Countries Budget by madmohamed(m): 2:11pm On Nov 29, 2023 |
nairalanda1:not as Nigeria 2 Likes |
Re: Nigeria's Budget Vs Other African Countries Budget by Ogene001: 2:15pm On Nov 29, 2023 |
tsdarkside:If only you moved around you could have made money to change your roof 12 Likes 2 Shares |
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