NBM Budget

Interesting budget statement from the NBM/Black Axe

Shows they expect an annual revenue of over 28 million Naira ($78,000+ USD) per year mostly from member payments (generally acquired from crime)

These figures not be confused with the huge sums the individuals themselves make from crime

 

NEO BLACK MOVEMENT FOR AFRICA (N.B.M)

 

BUDGET PROPOSAL

 

  1.             EXPECTED REVENUE:

 

(a)       Annual Due for 17 Local Zones @ N80,000 per zone            –            N1,360,000

(b)       Annual Due for 11 foreign Zones @ N80,000 per Zone        –              N   880,000

(c)       Convention Due for 17 Local Zones @ N80,000 per Zone   –            N1,360,000

(d)       Convention Due for 11 Foreign Zones @ N80,000 per Zone –            N   880,000

(e)       Capitation fee for 28 Zones @ N1000 per Zone                    –                N     28,000 x 2

(f)        Delegates fee to Convention from 17 Local Zones @

N1,000 Per Person X 10 X 17                                                –                    N   170,000

  • Delegates fee to Convention from 11 foreign Zones @

N1,000 Per Person X 2 X 11                                                     –            N     22,000

(h)       Commision from sales of Items                                             –            N   100,000

(i)        Free will donations                                                                   –            N3,000,000

 

Sub- Total expected revenue                                               –            N15,600,000  

 

  1.             EXPECTED REVENUE ON NATIONAL SECRETARIAT

(a)       17 Local Zones: 1000 block equivalent by each Zone is

N90,000 X 17                                                                         –      N1,530,000

 

  • 11 Foreign Zones: 1000 blocks equivalent by Each

Foreign Zone is N90,000 X 11                                                      –            N   990,000

Sub-Total                                                                                         –            N2,520,000

Free will donations for National secretariat                           –            N3,000,000

Total                                                                                                 –            N4,520,000

 

Sub-Total of N4,520,000 X 2

–           N11,040,000

 

PROFIT

1000 Copies of Calendar @ 500 per copy                                           –            N   500,000

1000 Copies of Uhuru Magazines @ N500 per copy                        –            N   500,000

300 Copies of Regalia @ N2,500 Per One                                        –            N    650,000

Sub Total                                                                          –            N,1,650,000

 

RECURRENT EXPENDITURES:

Tours and Travels: Proposed visit by National Head and National exco members to all the Local and Foreign Zones and intending Zones Home and Abroad

 

  1. Proposed visit to 20 Local Zones

At the average cost of N40,000 X 20                                     –            N800,000

  1. Foreign Trips

(1)       Trip to South Africa                                                    –            N   300,000

(2)       Trip to Europe                                                             –            N   450,000

Sub-Total                                                                                  –            N1,550,000

 

  1. STATIONARIERS AND PRINTING:
    • Twenty(20) Reams of copier papers @ N500 per Ream

N500.00 X 20                                                                     –            N     10,000

(b)       Cost of typing Reports and photocoping                    –            N     30,000

(c )      Cost of printing N.B.M official receipts                       –            N     20,000

Total                                                                       –            N     60,000

 

Sub-Total N60,000 X 2                                                              –            N   120,000

 

D         CORRESPONDENCE:  POSTAL COURIER AND INTERNET SERVICES:

(a)       Internet Services                                                         –            N  100,000

(b)       Courier Service                                                           –            N    50,000

 

Sub-Total N150,000 X 2                                                       –            N  300,000

 

E          SERVING OF NATIONAL EXCO/COUNCIL OF HEADS MEETINGS

(a)       Five Meeting of National Executive at N45,000

Per Meeting N45,000 X 5                                           –            N  225,000

 

  • Five Meeting of Council of Heads at N25,000

Per Meeting N25,000 X 5                                                     –            N  125,000

Total                                                                            –            N  350,000

 

Sub Total N350,000 X 2                                                                  –            N  700,000

 

  1. SERVICING OF N.B.M WEBSITE:

            N150,000 Per Annum X 2                                                      –            N  300,000

 

  1. PERIODIC NEWSPAPER RELEASE

            Newspaper Half Page twice a year @ N200,000 each X 2    –            N  400,000

 

Sub Total N400,000 X 2                                                         –            N  800,000

 

  1. OFFICE OF THE NATIONAL CHAIRMAN:

            Impress N200,000 X 2 Years                                                 –            N  400,000

 

I           OFFICE OF THE NATIONAL HEAD:

Impress N300,000 X 2 Years                                                 –            N  600,000

 

J          SECRETARY NCOE

Impress N50,000 X @ Years                                                 –            N  100,000

K         OFFICE OF THE NATIONAL EYE:

            Impress N100,000 X 2 Years                                                 –            N   200,000

 

L         OFFICE OF NATIONAL IHAZA

Impress N100,000 X 2 Years                                                 –            N   200,000

 

M        OFFICE OF THE NATIONAL BUTCHER

Impress N100,00 X 2 Years                                                   –            N   200,000

 

N         OFFICE OF THE NATIONAL CRIER

Impress N100,00 X 2 Years                                                   –            N   200,000

 

  1. OFFICE OF THE NATION CP

Impress N100,00 X 2 Years                                                   –            N   200,000

 

  1. OFFICE OF THE NATIONAL LEGAL ADVISER

Impress N100,00 X 2 Years                                                   –            N    200,000

 

  1. FOUNDERS DAY CELEBRATION:

By The National Body N400,000 X 2                                    –            N     800,000

 

  1. N.B.M WELFARE DAY:

N300,000 X 2 Years                                                               –            N     600,000

 

  1. B.M THANKSGIVING DAY:

N150,000 X 2 Years                                                               –            N     300,000

 

  1. B.M COMMUNIQUE:

N400.000 X 2 Years                                                               –            N     800,000

 

Sub Total for Recurrent Expenditure                                                                                             

                                                                                                            –            N8,570,000

 

CAPITAL EXPENDITURE:

 

  1. PRINTING OF N.B.M CALENDAR

      Production cost per copy N170

1000 copies X N170.00                                                                –            N170,000

Cost of selling a Copy N500.000

1000 Copies X N500.00                                                               –            N500,000

Therefore Deducting production cost from Total sales

N500,000-N170,000 (Profit)                                                        –            N330,000

 

  1. PRINTING OF UHURU MAGAZINE AND SALES

Production cost per copy N170

1000 copies X N170.00                                                                –            N170,000

Cost of selling a Copy N500.000

1000 Copies X N500.00                                                               –            N500,000

Therefore Deducting production cost from Total sales

N500,000-N170,000 (Profit)                                                        –            N330,000

 

  1. PURCHASE AND DESIGN OF NATIONAL REGALIA

Cost of production for 300 members @ N2,000 each                  –            N600,000

N2000 X 300 members

Members to Purchase from National CP @ N2,500 each

In order to ensure uniformity

Sales                                                                                             –            N750,000

Profit                                                                                             –            N150,000

 

  1. CONVENTION:
    • National Convention (Nigeria) Venue, Accommodation,

Secretariat, Printing, Feeding, Drinking and Logistics

N1,500,000 X 2                                                                –            N3,000,000

 

  • Regional Conferences at Abuja, Benin, Port- Harcourt

And Lagos at the Cost of N100,000 X 4                          –            N400,000

 

  1. NATIONAL CONVENTION OVERSEAS

 

Venue, Meeting, Hall, Food & Drinks during Convention shall be the responsibility of the Host.

(a)       Accommodation                                                                     –            N

 

(b)       Flight Ticket for National Head/Exco Members,

National Chairman/Ten (10) NCOE Members                      –            N2,700,000

N150,000 Per Person X 18

 

NATIONAL SECRETARIAT BUILDING:

 

Purchase Of Land 100 X 200                                                             –            N1,500,000

 

Design Cost (Architect)                                                                     –            N   150,000

 

Foundation                                                                                          –            N1,500,000

 

Garman Floor                                                                                     –            N1,000,000

 

Building to Lintel Level                                                                     –            N1,500,000

 

Decking                                                                                              –            N2,000,000

 

Building to Lintel Level                                                                     –            N1,500,000

Roofing                                                                                               –            N1,200,000

 

Plastering                                                                                            –            N 1,000,000

 

Doors & Window                                                                               –            N  1,000,000

 

Painting                                                                                              –            N  1,000,000

 

Fencing                                                                                               –            N  1,800,000

 

Total                                                                           –            N14,150,000

 

EXPECTED REVENUE:                                                                 –            N15,600,000

EXPECTED REVENUE ON NATIONAL SECRETARIAT:      –            N11,040,000

EXPECTED REVENUE FROM SALES OF CALENDER, UHURU

MAGAZINE AND REGALIA                                                         –            N   1,650,000

 

TOTAL REVENUE:                                                             N28,290,000

 

RECURRENT EXPENDITURES                                                   –            N  8,570,000

 

CAPITAL EXPENDITURE                                                            –            N  7,040,000

 

                        GRAND TOTAL                                                       –            N15,610,000

 

BALANCE:                                                                                        –            N12,700,000

 

 

Presented By National Executive Council,

Neo Black Movement of Africa.