OMOTAYO, J. A. Lagos, NIGERIA March 23, 2012
What is in N74 billion? Because we run budgets in trillions, this converts to N0.074 trillion, thus appearing as an insignificant figure. But when viewed in millions, the same amount converts to N74,000 millions. In simple arithmetic, it can be argued that at N1 million per head, the same amount will serve 74,000 militants.
I am very sure that all the militants in the Niger Delta region will be less than a 15,000 - about one-fifth of 74,000. Then, it can be further stated that on the average, the Fed Govt grants N5 million per militant per year. I can agree with Mr. Asari Dokubo that the allocation is small if he can answer the following questions: (1) How many university professors earn N5 million each per annum in Nigeria? (2) How many universities cost up to N5 million (appox $30,000) per annum per foreign student in Nigeria and overseas? (3) What is the average level of a Fed. Govt staff who earns N5 million per annum as total pay package? (4) If an unemployed militant earns N5 million per annum or N416,666.67 per month, how much is he expected to earn when he starts work as a university graduate in a Fed Govt ministry or agency?
In my opinion, Mr. Dokubo did not do his home work well in this regard. God save Nigeria.