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How The FG Can Earn $50b Revenue Monthly With Pin-funds - Politics - Nairaland

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How The FG Can Earn $50b Revenue Monthly With Pin-funds by naijapower(m): 7:55am On Oct 15, 2023
Any Suggestion to make Nigeria great will be appreciated,So read and make Suggestion Please.
Nigeria has a population of over 200 million people. With 50 million people participating in the PIN-Funds sales program to earn a monthly income for themselves by generating sales for the PIN-Funds.

The Calculation
Each Nigeria participating in the PIN-Funds sales program is required to generate 100 transaction per month minimum.
Each Transaction will earn the:
Nigeria Federal Government : $10
Nigerians Participating: $5
The monthly income for Nigerians participating in the sales program will be:
$5 (Sales Commission) * 100 (Transactions per month)
= $500 * N776 (Naira to Dollar Official Exchange Rate)
=N388,000= monthly.

The monthly income for Nigerians Federal Government will be:
$10 (Sales Charge) * 100 (Transactions per month) * 50 millions ( Nigerians Sales Agent )
=$10 *100 *50,000,000
_=$50,000,000,000=
$50,000,000,000 * N776 (Naira to Dollar Official Exchange Rate)
=N38,800,000,000,000= monthly. more than the whole budget of Nigeria for a year.

What next?

HOW THE PIN-FUNDS MARKETING WILL WORK
1: Interested Nigerians or any Foreigner residing in Nigeria only are to register with the PIN-Funds free of charge
2: Obtain an Identification
3: With their identification and the PIN-Funds advert material, they are to market the PIN-Funds by creating publicity for it.
4: Interested investors use their id to complete the PIN-Funds Investment form and make payment into the PIN-Funds Single
Investment account.
5: Confirmation alert is sent to the PIN-Funds Sales agent and the Investors.
NOTE: The Investors also get an eCertificate which he/she can exchange for cash.
6: The PIN-Funds sales Agent commission for sales is directly credited in his account with a designated Nigeria bank, while the
investment fund is credited into the central investment account.

NOTE: Apart from the Nigeria Federal government, Local Governments in Nigeria will also benefit directly from the PIN-
Funds, thereby boosting their internal generated revenue.
[NOTE:
1: CONSTITUTIONAL BACKING
For the PIN-Funds to be sustainable and successful, the National Assemble must pass a bill establishing it and regulating it.
that way investors will have confidence in it, and it will not be mismanage or suspended pr stop by an individual.
2: TAX BREAK
Project were the PIN-Funds are use for, will enjoy a tax break for 15 years across all level of government.
3: PRODUCT SALES POINT
Produce from the PIN-Funds projects can only be offer for sales at designated points in the 774 local government areas
across the nation, thereby generating revenue for the Local Government Authorities.

What then is the PIN-Funds?
The PIN-Funds is Production In Nigeria Fund, designed to allow interested investors to invest there money in order to[b] make 100% return on their investment[/b]. The funds will be use to esterblish facilities for the production of goods across Nigeria.

BENEFITS FOR INVESTORS
> 100% Returns on Investment within 36 months
> Yearly Dividend on investment for 30 years
NOTE: Investment Money and 100% on investment will be peg to Gold value as at the time of investment.
> PIN-Funds Ecertificate are transferable, meaning investors can exchange them for cash at anywhere in the world freely.
> The PIN_Funds will be legally back by the National assembly Act, thereby making it a very safe investment funds

AIM OF PIN-FUND:
The PIN-FUND is designed to make Nigeria self sustaining ,by estarblishing facilities that will produce most of the items we
import and create Jobs for Nigerians while generating revenue for government at all level.

HOW THE PIN-FUNDS WILL WORK

First the National Assembly will need to pass a bill establishing and regulating the fund. this way investors around the world
will have confidence in investing their fund, since it has the backing of the National Assembly.
Also operation of the program will follow lay down rules in investing the fund in establishing factories in the country.
The main idea is establishing relevant factories that will create jobs, generate revenue for all level of government.

Note: There are lots of factories that needs to be in Nigeria, like Tyre, Lithium Battery, Energy Bulb, Electric Vehicle, Solar Panel, solid mineral processing plant etc

Secondary. Local Government will be invited to name industries they want in their locality. Since Europe, Japan, America are moving into green economy, Nigeria should also follow same path by focus the funds on green project in particular..

Funds received will be used to set up relevant factories only and these factories should sell shares to Nigerians.
Management of these factories should be strictly monitored to avoid abuse. Banks should be encourage to buy share and sit on
the management board to provide check.

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Re: How The FG Can Earn $50b Revenue Monthly With Pin-funds by Cruise777: 7:57am On Oct 15, 2023
200million Nigeria has many non financially capable age bracket

Old people who don't earn

Children who are dependant

Unemployed adults
Re: How The FG Can Earn $50b Revenue Monthly With Pin-funds by MissWords: 8:00am On Oct 15, 2023
Right
Re: How The FG Can Earn $50b Revenue Monthly With Pin-funds by IreneChidi(f): 8:15am On Oct 15, 2023
Cruise777:
200million Nigeria has many non financially capable age bracket

Old people who don't earn

Children who are dependant

Unemployed adults
shatap

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