Saturday, October 13, 2012

NIGERIA....SPEAKING BY NUMBERS

Just Wondering if the supposed Giant of AFrica is leading well by examples....the numbers are speaking!  This is just a pinch of the whole picture...

- Population of about 167million and more than 120 million Nigerians presently poor.
- Spends 78% of its annual budget on recurrent expenditure, that leaves above 20% on CAPEX (Development).
- Largest Government size.... FG has 42 member cabinet
                                             Legislature; 109 senators, 360 House of reps, each rep has at least four
                                            assistants , all paid by the State.
Which State? the same States suffering from serious under development and stricken with massive poverty.
Senators earn nothing less N40 million and the Reps N19 million at least annually!  The reps alone totalling to over N36 million and the Senators over N 19.62bn. It is little wonder, Politics is so lucrative in Nigeria.
In this country??? don't you just wonder how they manage to close thier eyes?
Let us not forget other allowances....

1 comment: