madmohamed:
not as Nigeria

They do. It's bad.
Very recently I watched a video about why south Africa has electricity issues. At some points I had to remind myself that it was South Africa that was being talked about. Not Nigeria.

It is so bad that criminal gangs are outright controlling the coal supplies for the power plants that are coal fired. Then there was the power station that took far longer to complete because anc officials were.benefiting from kickbacks and Still does not work.

South Africa get issues.

Neckpresser101:


Lol IGR is just tax

Tax is less usually paid indirectly by adding the value to the goods


You're a SW!ne and this 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

IGR is just tax?? And how is govt supposed to make money? How do capitalists govts like UK and US make money?

Anambra have imaginary high GDP, yet more than half of anambra indigenes have already run away from their state 🤡

Corn247:


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.

Tax? You economic illiterates. You live in backwards mud house. Instead of your leaders to empower you economically, he goes to China to bring tax payers. Same tax your elites squander on their side chicks while your house collapse on your head

Ogene001:

If only you moved around you could have made money to change your roof

stay in your region....!!

nairalanda1:


They do. It's bad.
Very recently I watched a video about why south Africa has electricity issues. At some points I had to remind myself that it was South Africa that was being talked about. Not Nigeria.

It is so bad that criminal gangs are outright controlling the coal supplies for the power plants that are coal fired. Then there was the power station that took far longer to complete because anc officials were.benefiting from kickbacks and Still does not work.

South Africa get issues.

black man can never rule them self they are criminals spacial in Africa not north Africa

Corn247:


IGR is just tax! And how is govt supposed to make money? How do capitalists govts like UK and US make money?

Anambra have imaginary high GDP, yet more than half of anambra indigenes have already run away from their state 🤡

Do you know that last voter registration show 5 SE states is higher than 5 SW states minus Lagos? Even everybody has run away and such huge number still remain then Igbos are by far larger than yorubas

Ogene001:

Tax? You economic illiterates. You live in backwards mud house. Instead of your leaders to empower you economically, he goes to China to bring tax payers. Same tax your elites squander on their side chicks while your house collapse on your head

What is this weray saying

Corn247:


IGR is just tax! And how is govt supposed to make money? How do capitalists govts like UK and US make money?

Anambra is imaginary high GDP, yet more than half of anambra indigenes have already run away from their state 🤡

Countries make money from indigenous and foreign companies that keep Thier money within the country not just paying taxes. Taxes can be added to price of things but money earned and kept in the state is there and that's how your GDP is grown

Anambra has better GDP we choose not to tax the companies because they're mostly indigenous


There are development index everywhere SE almost all SE states are in the top 10 in highest Human development index 2021 report

You're in your dad's rusticated building in Beere Ibadan counting Anambra people

There's nothing wrong opening distribution shops all over the country for our importers and local manufacturers

We must sell and people must buy

Corn247:


What is this weray saying

The truth.

madmohamed:
black man can never rule them self they are criminals spacial in Africa not north Africa

The problems with south Africa is simple

For decades black people suffered under white rule . Denied good education, denied good living conditions . Many black people suffered and died for freedom

Then black majority rule came.

And the leadership faced a dilemma. Do you tell the majority that they need to suffer more so that sa can become an industrial nation like China.....or do you spend money on mass welfare projects for the poor, and worry about where it would come from later?


Lemme add that many of those developed countries and even China that we see, it took them generations of suffering and pain before they got there. Most African countries at independence no wan tell their people that story

So mass welfare , and when the money runs out, mama imf is there with a loan.

Neckpresser101:

Countries make money from indigenous and foreign companies that keep Thier money within the country not just paying taxes. Taxes can be added to price of things but money earned and kept in the state is there and that's how your GDP is grown

Anambra has better GDP we choose not to tax the companies because they're mostly indigenous


There are development index everywhere SE almost all SE states are in the top 10 in highest Human development index 2021 report

You're in your dad's rusticated building in Beere Ibadan counting Anambra people

There's nothing wrong opening distribution shops all over the country for our importers and local manufacturers

We must sell and people must buy

Educate the economic illiterates. They are the ones ruining the country through fake industrialization giving the imperialist a platform to pack Nigeria money

Neckpresser101:

Countries make money from indigenous and foreign companies that keep Thier money within the country not just paying taxes. Taxes can be added to price of things but money earned and kept in the state is there and that's how your GDP is grown

Anambra has better GDP we choose not to tax the companies because they're mostly indigenous


There are development index everywhere SE almost all SE states are in the top 10 in highest Human development index 2021 report

You're in your dad's rusticated building in Beere Ibadan counting Anambra people

There's nothing wrong opening distribution shops all over the country for our importers and local manufacturers

We must sell and people must buy

Before the senseless stories, name the things igbos are producing that govt is taxing.

I mean things that are selling throughout the country

abdeefggh:


Reno omokri on x

I did this budget Analysis 5yrs ago and I discovered that Nigeria is a very poor country!

Phantom233:
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

SHUT UP. IT IS NOT TRUE.

If we had enough money coming in, you will see the effect.

Do you think there is no corruption in Saudi, UAE and co?

There is HEAVY corruption there, but the fact that they have a tiny population means that the govt can easily fix the country even with the corruption.

So having a lot of money coming in, will always negate the effects of corruption.

You notice corruption because we don’t have enough money coming in.

Let's also compare our budget with other African countries like Kenya Ghana Tunisia and Rwanda,let's see how hefty ours is compare to these countries.Reno with his selective case studies.

madmohamed:
black man can never rule them self they are criminals spacial in Africa not north Africa

Shut your dumb, illiterate lips.

Numerous black countries are well run and are progressing fast, including Rwanda, Botswana, Tanzania, Trinidad, Jamaica, Kenya, Namibia and other nations.

12 of the 20 fastest growing economies on Earth today are black countries.

Stop watching CNN where they only show you negative news about black people.

Mumu.

nairalanda1:


1. Algeria produces about 4 times more oil than we do so more money

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)

Algeria does not produce 4 times what we produce. In fact Algeria daily produce is 1.47 million a day.

As for South Africa and Egypt, their leaders knows what is good for the people, they did not tell Nigeria not to diversify it's economy

Usmanovic95:
Let's also compare our budget with other African countries like Kenya Ghana Tunisia and Rwanda,let's see how hefty ours is compare to these countries.Reno with his selective case studies.

They have tiny populations compared to Nigeria, so even if their annual budget is 5 billion dollars, it still covers them more than our 33 billion dollars covers us.

We simply need to generate more income as a nation.

The US has only around 300 million people, yet their annual budget is 8 TRILLION dollars.

tsdarkside:


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....

Nigeria is not rich but every president, vp, minister, gov, deputy gov, commissioners, senator, reps, house of assembly, perm sec, heads of para military, heads of gov agency at federal and state level plus family members and friends are all rich yet Nigeria is poor

nedu666:


Nigeria is not rich but every president, vp, minister, gov, deputy gov, commissioners, senator, reps, house of assembly, perm sec, heads of para military, heads of gov agency at federal and state level plus family members and friends are all rich yet Nigeria is poor

chaii....you dont get it....

you think every american is rich....??
do you even understand how much american goverment people share between each other....??

which goverment system are you tryin to copy....??
not american....??

you prefer communism....??
even that will still land you in the same situation....sorry,you cant change human nature no matter which goverment system you choose....

nedu666:


Nigeria is not rich but every president, vp, minister, gov, deputy gov, commissioners, senator, reps, house of assembly, perm sec, heads of para military, heads of gov agency at federal and state level plus family members and friends are all rich yet Nigeria is poor

JUST AS YOU WOULD BE IF YOU GOT INTO OFFICE.

You all form Angel Gabriel until you find yourself in public office.

Keep pointing fingers over the pittance of a budget instead of finding ways to raise national income.

Catapault:


JUST AS YOU WOULD BE IF YOU GOT INTO OFFICE.

You all form Angel Gabriel until you find yourself in public office.

Keep pointing fingers over the pittance of a budget instead of finding ways to raise national income.

they are very funny....

Catapault:


SHUT UP. IT IS NOT TRUE.

If we had enough money coming in, you will see the effect.

Do you think there is no corruption in Saudi, UAE and co?

There is HEAVY corruption there, but the fact that they have a tiny population means that the govt can easily fix the country even with the corruption.

So having a lot of money coming in, will always negate the effects of corruption.

You notice corruption because we don’t have enough money coming in.

you're a stupid fool so I don't have your time.
If you can't manage small is it when you have excess that you'll be able to manage? You better go and read your books.

Phantom233:
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

Shameless corrupt thing, you think by mentioning APC you are exempted, or are you not Nigerian?

Because in spite of the highest allocation from the FAAC in the past 8 years, this year included it was APC that managed the money for Pdp who have been @ the helms of Delta State for the past 24 years?

Keep deceiving yourself, corrupt Agbadorian Almijiri.

Catapault:


Shut your dumb, illiterate lips.

Numerous black countries are well run and are progressing fast, including Rwanda, Botswana, Tanzania, Trinidad, Jamaica, Kenya, Namibia and other nations.

12 of the 20 fastest growing economies on Earth today are black countries.

Stop watching CNN where they only show you negative news about black people.

Mumu.

I don't engage to anim...s like you

nedu666:


Algeria does not produce 4 times what we produce. In fact Algeria daily produce is 1.47 million a day.

They also have 44.8 million people. 44.8 million people, compared to our 220 million people. As a result, better per capita revenue, compared to ours.

Proving my point, and Reno's point, and thanks for the correction.

As for South Africa and Egypt, their leaders knows what is good for the people, they did not tell Nigeria not to diversify it's economy

I wish the above was true
1. South Africa has a large poor underclass in part because the White Arphateid government wrecked them educationally and economically, and the ANC messed things up further when they took over.

They produce more electricity than we do, AND have massive power cuts. Right.

2.Egypt yes, has a diversified economy, AND something we don't have,....a tourisim sector that is bigger than some sane countries; own. Egypt also has massive corruption problems and poverty issues.

Grass not always green, and no it does not make Nigeria's bad government better. We gat room for improvement. But your thinking our oil revenue is enough for our needs is wrong.

Even all the above countries, if they implemented sane economic policies, they should have budgets three times that.

Catapault:


They have tiny populations compared to Nigeria, so even if their annual budget is 5 billion dollars, it still covers them more than our 33 billion dollars covers us.

We simply need to generate more income as a nation.

The US has only around 300 million people, yet their annual budget is 8 TRILLION dollars.

Nigeria's problem is not our population ( it should normally be an advantage) or the budget prepared, the problem is our leaders who are not visionary and that means there is no visible plan. Our leaders vie for political offices just for personal and selfish aggrandizement.
The countries I listed have relatively lesser population compared to Nigeria but are effectively and efficiently utilizing what is at their disposal.
As long as we keep retaining these sets of vision less and underperforming leaders,the story will always remain the same even if we have budget that is X2 of the USA and population divided by 2 of our current population.

Phantom233:
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

See the kind of people that follows Pandora Obituary 😀

Compare a family of 5 people with 500k monthly for food and upkeed with a family of 50 people with 5k monthly for food and other up keep

How do you expect the 50 with 5k to have a standard living compare with just 5 people with 500k


Use ur brain bro

Corn247:

Before the senseless stories, name the things igbos are producing that govt is taxing.

I mean things that are selling throughout the country

What a dvmb question

The BIGGER Question to ask here is......How MANY of these Noisemakers here ACTUALLY pay their taxes?

Do Mechanics, 4 by 4 Traders, spare parts sellers,Hawkers, etc pay their taxes How

We Keep comparing ourselves with Countries with High numbers of their Citizens doing their PART of Contributing to their Country's economy by paying taxes.

We cannot be on par with these other Countries if we pay ZERO Taxes.

Most of these Noisemakers have NEVER filled a tax form in their ENTIRE LIFE....

ABEG!!!

Dialpad:
We need to find ways to generate more revenue...

Sleeping giant ....

The only way is 100% resource control

And if the government ban importation of toothpick and bleaching cream now those with victim mentality with start crying of victimisation. We have huge population of unproductive and lazy business magnates who have chosen to import everything instead of manufacturing them locally