Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,206,126 members, 7,994,809 topics. Date: Tuesday, 05 November 2024 at 09:16 PM

800 Billion Naira Will Be Needed To Pay 40 Million BVN Registered Accounts A Tot - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / 800 Billion Naira Will Be Needed To Pay 40 Million BVN Registered Accounts A Tot (7063 Views)

CBN Spends ₦‎800 Billion On Currency Production, Destruction / NDDC: Akpabio In ₦800 Billion Scandal As Group Demands Accountability / SERAP Sues Buhari Over Failure To Publish Details Of ₦800 Billion Recovered Loot (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

800 Billion Naira Will Be Needed To Pay 40 Million BVN Registered Accounts A Tot by globalblogtips: 10:59am On Apr 02, 2020
It will cost the federal government of Nigeria a total of 800 billion naira to pay 40 million BVN account holders a total of 20,000 Naira. Nigerians have been clamouring for the federal government of Nigeria to pay Nigerian citizens some money to help the citizens to cope properly during this Coronavirus pandemic which have plagued the country so far. Most state governments have made it mandatory for people to sit at home for some weeks. Some state governments have even gone ahead to instigate a total lockdown in their states.

Watch the video
http://maetrimal.com/FT9

During this Lockdown, people will not be able to work. So many Nigerians depend on their daily earnings to survive. If they don't go out to work in a day, they won't be able to fend for themselves and their families. Nigerians have been asking the federal government to pay them some money during this period.

It is estimated that it will cost the Nigerian government a total of 800 billion naira to pay a total of 40 Million BVN account holders 20,000 naira each. I am not sure that everyone will be paid. That is the main reason why the Nigerian government insists that it will only pay the poorest individuals in the country.

2 Likes

Re: 800 Billion Naira Will Be Needed To Pay 40 Million BVN Registered Accounts A Tot by Jostoman: 11:14am On Apr 02, 2020
My own take is that no individual should donate money to FG and State government again

12 Likes

Re: 800 Billion Naira Will Be Needed To Pay 40 Million BVN Registered Accounts A Tot by rusher14: 11:16am On Apr 02, 2020
Jostoman:
My own take is that no individual should donate money to FG and State government again

You didnt donate and you didn't receive.

Not fair.

grin

5 Likes

Re: 800 Billion Naira Will Be Needed To Pay 40 Million BVN Registered Accounts A Tot by ayinde2020: 11:56am On Apr 02, 2020
what is our reserve?
Re: 800 Billion Naira Will Be Needed To Pay 40 Million BVN Registered Accounts A Tot by Jostoman: 11:58am On Apr 02, 2020
rusher14:


You didnt donate and you didn't receive.

Not fair.

grin
anybody who wants to donate to FG and State government most especially LAGOS STATE should donate health equipment and ambulance.

1 Like

Re: 800 Billion Naira Will Be Needed To Pay 40 Million BVN Registered Accounts A Tot by helinues: 11:59am On Apr 02, 2020
And where do you expect the FG to get the money?

5 Likes 1 Share

Re: 800 Billion Naira Will Be Needed To Pay 40 Million BVN Registered Accounts A Tot by Toosure70: 12:01pm On Apr 02, 2020
And where is Saraki that worths trillions.

5 Likes 1 Share

Re: 800 Billion Naira Will Be Needed To Pay 40 Million BVN Registered Accounts A Tot by Nobody: 12:03pm On Apr 02, 2020
ayinde2020:
what is our reserve?
About $30bn. Nigeria is the biggest economy in Africa. Government is just heartless, LAZY and hopeless.

6 Likes 1 Share

Re: 800 Billion Naira Will Be Needed To Pay 40 Million BVN Registered Accounts A Tot by Nancydearie(f): 12:07pm On Apr 02, 2020
Hmm, interesting. Did I hear you correctly, 800 what? 800 billion. This country is a joke. The looting continues.
Re: 800 Billion Naira Will Be Needed To Pay 40 Million BVN Registered Accounts A Tot by johnmartus(m): 12:10pm On Apr 02, 2020
What do you mean by reserve. Oh we should take off our reserve to pay 20k.
ayinde2020:
what is our reserve?

4 Likes 1 Share

Re: 800 Billion Naira Will Be Needed To Pay 40 Million BVN Registered Accounts A Tot by sammyj: 12:10pm On Apr 02, 2020
This is not adding up
Re: 800 Billion Naira Will Be Needed To Pay 40 Million BVN Registered Accounts A Tot by Itemmanu: 12:10pm On Apr 02, 2020
[s]
johnmartus:
What do you mean by reserve. Oh we should take off our reserve to pay 20k.
[/s]

5 Likes

Re: 800 Billion Naira Will Be Needed To Pay 40 Million BVN Registered Accounts A Tot by johnmartus(m): 12:11pm On Apr 02, 2020
Our reserve can't be use to pay 20k.
Bitchlover:
About $30bn. Nigeria is the biggest economy in Africa. Government is just heartless, LAZY and hopeless.

2 Likes

Re: 800 Billion Naira Will Be Needed To Pay 40 Million BVN Registered Accounts A Tot by johnmartus(m): 12:15pm On Apr 02, 2020
overpopulation in this country is another problem. 40milion Bvn. So about 200million people don't have account.

4 Likes

Re: 800 Billion Naira Will Be Needed To Pay 40 Million BVN Registered Accounts A Tot by Nobody: 12:23pm On Apr 02, 2020
Jostoman:
My own take is that no individual should donate money to FG and State government again
grin grin grin Only the predominantly fulani and hausa people living in Kwali.Anyway now that oil price has crashed,hope they make use of the kwali hills as a tourist center.

3 Likes 1 Share

Re: 800 Billion Naira Will Be Needed To Pay 40 Million BVN Registered Accounts A Tot by princemillla(m): 12:23pm On Apr 02, 2020
Why donate to fg when you can easily take care of your immediate Community. No wonder someone said those contributing to fg are hypocrites

2 Likes

Re: 800 Billion Naira Will Be Needed To Pay 40 Million BVN Registered Accounts A Tot by Itemmanu: 12:33pm On Apr 02, 2020
[s]
johnmartus:
overpopulation in this country is another problem. 40milion Bvn. So about 200million people don't have account.
[/s]

2 Likes

Re: 800 Billion Naira Will Be Needed To Pay 40 Million BVN Registered Accounts A Tot by Zikyke(m): 12:39pm On Apr 02, 2020
Okay you say #800 billion will pay 40 million registered bvn 20k..

Here is my own analysis if at all it will happen., let's assume the population of Nigeria is 200 million, with 1billion naira you can share 5k to 200 million persons in Nigeria.

so how come 40 million persons will need 800 billion naira to receive 20k?

3 Likes

Re: 800 Billion Naira Will Be Needed To Pay 40 Million BVN Registered Accounts A Tot by Itemmanu: 12:46pm On Apr 02, 2020
[s]
johnmartus:
What do you mean by reserve. Oh we should take off our reserve to pay 20k.
[/s]

3 Likes

Re: 800 Billion Naira Will Be Needed To Pay 40 Million BVN Registered Accounts A Tot by Itemmanu: 12:46pm On Apr 02, 2020
[s]
johnmartus:
Our reserve can't be use to pay 20k.
[/s]

3 Likes

Re: 800 Billion Naira Will Be Needed To Pay 40 Million BVN Registered Accounts A Tot by iluvdonjazzy: 12:49pm On Apr 02, 2020
Zikyke:
Okay you say #800 billion will pay 40 million registered bvn 20k..

Here is my own analysis if at all it will happen., let's assume the population of Nigeria is 200 million, with 1billion naira you can share 5k to 200 million persons in Nigeria.

so how come 40 million persons will need 800 billion naira to receive 20k?
your calculations is wrong

7 Likes

Re: 800 Billion Naira Will Be Needed To Pay 40 Million BVN Registered Accounts A Tot by bamvik(m): 12:55pm On Apr 02, 2020
Zikyke:
Okay you say #800 billion will pay 40 million registered bvn 20k..

Here is my own analysis if at all it will happen., let's assume the population of Nigeria is 200 million, with 1billion naira you can share 5k to 200 million persons in Nigeria.

so how come 40 million persons will need 800 billion naira to receive 20k?

bros use ur caculator, 5k times 200million = 1trillion naira .

6 Likes

Re: 800 Billion Naira Will Be Needed To Pay 40 Million BVN Registered Accounts A Tot by TIGRITIS: 1:08pm On Apr 02, 2020
Itemmanu:
[s][/s]
Lol. cheesy
Re: 800 Billion Naira Will Be Needed To Pay 40 Million BVN Registered Accounts A Tot by IkalaiyeLOTO: 1:13pm On Apr 02, 2020
Zikyke:
Okay you say #800 billion will pay 40 million registered bvn 20k..

Here is my own analysis if at all it will happen., let's assume the population of Nigeria is 200 million, with 1billion naira you can share 5k to 200 million persons in Nigeria.

so how come 40 million persons will need 800 billion naira to receive 20k?

#1,000,000,000
÷ 200,000,000 people

=#5 only grin

4 Likes 1 Share

Re: 800 Billion Naira Will Be Needed To Pay 40 Million BVN Registered Accounts A Tot by Nebuchadnezar: 1:16pm On Apr 02, 2020
TIGRITIS:

Moderators pls note the breaking of rule 2 in bold.
you'll be fixed soonest bro

1 Like

Re: 800 Billion Naira Will Be Needed To Pay 40 Million BVN Registered Accounts A Tot by obontami: 1:17pm On Apr 02, 2020
Zikyke:
Okay you say #800 billion will pay 40 million registered bvn 20k..

Here is my own analysis if at all it will happen., let's assume the population of Nigeria is 200 million, with 1billion naira you can share 5k to 200 million persons in Nigeria.

so how come 40 million persons will need 800 billion naira to receive 20k?

That bastard is a fuccking buharist; hopeless bastards.

3 Likes

Re: 800 Billion Naira Will Be Needed To Pay 40 Million BVN Registered Accounts A Tot by Nobody: 1:29pm On Apr 02, 2020
johnmartus:
Our reserve can't be use to pay 20k.
But our billions can be used to pay for hundreds of lawmakers to buy 2020 Toyota's that some of them won't drive

It is true our reserves can't be used to pay 20k
to Nigerians because we don't even need to use from that.

Take for example the $2bn a particular government siphoned to win "ordinary" elections that nobody felt.

Now we're talking about something that can end horribly for many Nigerians and you're saying this country don't have the money pay its citizens $2.2billion dollars as palliatives

Come on people. Open your eyes and recognize your enemies. Use this time to reflect and dare to dream!!!

2 Likes 1 Share

Re: 800 Billion Naira Will Be Needed To Pay 40 Million BVN Registered Accounts A Tot by Vulcanheph(m): 1:53pm On Apr 02, 2020
Actually nothing is too big, in a time like this......afterall the government spends Trillions on yearly budget that we never get to see and billions are spent monthly to pay senators, ministers and reps members.......please op stop making excuses for our Wicked government

1 Like

Re: 800 Billion Naira Will Be Needed To Pay 40 Million BVN Registered Accounts A Tot by Zikyke(m): 1:59pm On Apr 02, 2020
bamvik:

bros use ur caculator, 5k times 200million = 1trillion naira .

Okay Sir,

How much do you think 200 million persons will get when they share 1 billion?

We know they will not share anything, but let's just assume.

2 Likes

Re: 800 Billion Naira Will Be Needed To Pay 40 Million BVN Registered Accounts A Tot by neutralmind: 2:01pm On Apr 02, 2020
How about some people who really need the funds and don't have bank accounts.

Millions of Nigerians do not own a single bank account

1 Like

(1) (2) (3) (Reply)

Taraba State Capable of Supplying Nigeria With Rice - Governor Darius Dickson / The Oba Of Ikotun's Mother Died!!!!....so What?, Does It Justify This? / FG To Revive Ladi Kwali Pottery Centre

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 34
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.