1 BILLION NAIRA CHOP MONEY.

vegetable foods.

Nigeria is owned by all her citizens and not by some group of people.I see no reason why the people should be suffering from abject poverty and diseases;WHY?Despite all her resources all over the country,Nigeria is ranked a third world country and a failed state because of the series of bad leadership and governance that has come and gone,a situation that still prevails today.

I see no reason why the poor masses should be feeding the presidency and his cohorts,yet they want to remove fuel subsidy to free up money for infrastructural development as they claim;WHO KNOWS?The One billion naira feeding money(approximately $7m) is absolutely  inconceivable,preposterous,absurd,unbelievable,unimaginable,gross and totally out of this world.In this present day of economic recession!The Presidency wants to remove subsidy on fuel which they allegedly say stands at 1.3trillion naira and affects infrastructural growth,yet they want to squander 1billoin naira on food and other luxury comfort of life.This subsidy issue has to do with over 150 million innocent Nigerians,citizens that have to sweat out their skins daily  to meet up with the challenges of living.The president in the 2012 appropriation bill budgeted over 1.5billion naira on renovation of the presidential villa & various quarters and also in buying luxury bullet proof cars.I cant believe a government in this time of global financial crisis would be living the flamboyant life when they are supposed to create economic policies that will see them not go into the situation of Greece and other  Euro zone members.This spending spree and jamboree that the Nigerian government  has embarked on would do the nation no good but send the economy on a perilous adventure.

The cumulative salary of US president Barack Obama stands at  five hundred and sixty nine thousand dollars( $569,000) annually.The analytical break down are as follows;

BASIC SALARY                            -$400,000

ANNUAL EXPENSE ACCOUNT-$50,000

NOTABLE TRAVEL ACCOUNT-$100,000

ENTERTAINMENT                     _ $19,000

NOTE THAT THE US PRESIDENT FEEDS HIMSELF AND HIS HOUSE HOLD.

In summary,if the Nigerian presidency is entitled to 1billion naira food allowance,then the Nigerian masses should be entitled to subsidy on all government commodities including taxation.Everything should be subsidised so that we can  enjoy the Nation's wealth because we too are Nigerians and have the-same rights as every one of our leaders.