Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,153,813 members, 7,820,876 topics. Date: Wednesday, 08 May 2024 at 12:12 AM

FEC Approves Executive Orders On VAT And Excise Duties - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / FEC Approves Executive Orders On VAT And Excise Duties (11295 Views)

FEC Approves Use Of Blockchain In Nigeria / Coke, Fanta Prices To Increase As FG Imposes N10/litre Excise Duty On Carbonated / Cooking Gas Marketers Applaud FG On VAT Removal (2) (3) (4)

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

Re: FEC Approves Executive Orders On VAT And Excise Duties by guterKerl: 8:19am On Jun 12, 2018
So I have noticed that many Nigerians don't understand economics. We are only driven by political news. The news above despite being a good one won't gain it's accolade since it's not about alleged Islamisation or Fulani herdsmen killings. See scanty comments.
Re: FEC Approves Executive Orders On VAT And Excise Duties by Firefire(m): 8:34am On Jun 12, 2018
Zico5:
Election is now around the corner. Buhari is doing everything possible to retain a good image before Nigerians. But this is medicine after death cos we know leopard can't change its skin. You can only cajole us, u can't deceive us again. once bitten twice shy.
.


The economic terrorist is deceiving himself. BACKTODAURA!

1 Like

Re: FEC Approves Executive Orders On VAT And Excise Duties by CircleOfWilis: 8:52am On Jun 12, 2018
guterKerl:
So I have noticed that many Nigerians don't understand economics. We are only driven by political news. The news above despite being a good one won't gain it's accolade since it's not about alleged Islamisation or Fulani herdsmen killings. See scanty comments.
pls sir, explain the benefits of the approval to the common man...thanx
Re: FEC Approves Executive Orders On VAT And Excise Duties by thewesternking: 9:35am On Jun 12, 2018
Welcome development by the federal government.

More good news coming from this administration
Re: FEC Approves Executive Orders On VAT And Excise Duties by GSA01: 10:56am On Jun 12, 2018
Good development by the FG, am beginning to wonder if the people of Nigeria are more interested in bad news or good news,,Evidently see the low traffic on this page because its a good development and hence they will not even bother to click this page,, God help Nigeria with this kind of ethno-religious politics...

Like it or hating this Present Government has increased the tax base, make tax more efficient and because of its ease of doing business policy they are really supporting SMEs like no government has done before..

1 Like

Re: FEC Approves Executive Orders On VAT And Excise Duties by debaj10: 12:56pm On Jun 12, 2018
CircleOfWilis:
pls sir, explain the benefits of the approval to the common man...thanx
it only affects your landlord if he pays tax on your rent.
tobacco and luxury items tax was recently increased, to earn more from their imports. is govt planning a reversal?

all in all, this is mostly good as soundbite for supporters. very negligible impact on business or manufacturing.

a serious govt only needs to ask MAN and SMEDAN what they need to grow,instead of all these pointless platitudes.

modified-
are they removing vat for air fares and trains? will they enforce a reduction in pries of the same percentage?

as for insurance, how many govt facilities are insured?
compulsory insurance for all govt buildings, vehicles, properties will see all local insurers JUMP in profitability.
Re: FEC Approves Executive Orders On VAT And Excise Duties by CircleOfWilis: 1:00pm On Jun 12, 2018
debaj10:
it only affects your landlord if he pays tax on your rent.
tobacco and luxury items tax was recently increased, to earn more from their imports. is govt planning a reversal?

all in all, this is mostly good as soundbite for supporters. very negligible impact on business or manufacturing.

a serious govt only needs to ask MAN and SMEDAN what they need to grow,instead of all these pointless platitudes.
ok
Re: FEC Approves Executive Orders On VAT And Excise Duties by Kingspin(m): 5:29pm On Jun 12, 2018
Zico5:
Election is now around the corner. Buhari is doing everything possible to retain a good image before Nigerians. But this is medicine after death cos we know leopard can't change its skin. You can only cajole us, u can't deceive us again. once bitten twice shy.
after ELECTION he return to his devil form, releasing herdsmen to every state for colonization. When evil men are in power.

(1) (2) (Reply)

|| My Name Is Mariam || I Am A Shoemaker || Check Out My Footwear Designs|| / Chinese Firm Plans Solar Equipment Plant In Nigeria / YouWiN Beneficiaries Protest Unpaid Grants @Finance Ministry (Pics)

(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. 17
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.