Vice President Yemi Osinbajo has challenged states in Nigeria to explore ways of increasing their internal revenue generation and boosting their agricultural production.

Osinbajo urged states to do more to harness the entrepreneurial spirit of Nigerians.

The vice president stated this while delivering the keynote address at the 18th Meeting of the Joint Planning Board (JPB) and National Council on Development Planning (NCDP), in Asaba, Delta State capital.

He said, “states must engage in careful and well-thought-out strategic planning in order to articulate and implement priorities derived from
strategic thinking based on comparative advantages.”

According to Osinbajo, the event themed, 'State Fiscal Sustainability and Economic Diversification in Nigeria', reflected the common commitment of the federal and state governments to work together in planning the economic future of Nigeria and its people.

“Our ultimate purpose is to create jobs and growth and as key economic managers in the context of Nigeria’s fiscal federalism, it is
essential that we work collaboratively and in tandem. I am optimistic that the deliberations of this council will contribute to achieving these noble objectives, which will lead us closer to lifting the 100 million people that the president has promised that we will lift out.of poverty in the next 10 years,” he said.

He added, “I propose three things for the consideration of this august body as a means of increasing production and generating the revenues at the state level. First, I would urge that states engage in careful and well- thought out strategic planning in order to articulate and
implement priorities derived from strategic thinking and based on comparative advantages.

“Second, there is great scope for boosting agricultural production if States choose two to three high-value crops/products to specialize in.
Such specialization will enable economies of scale in the provision of support across the entire value chain of prepared land, seeds,
fertilizers, and pesticides, storage, processing and transportation, marketing and sales. This also implies organizing the agro-allied value chain from farm to table.

“In a similar vein, states must take advantage of the entrepreneurial spirit of Nigerians by empowering economic clusters and trade groups
through the provision of basic infrastructure and shared facilities.”

Osinbajo noted that the current move of the federal government to provide broadband connectivity for all by 2023 "will assist the states
productive base but they cannot charge fees for laying of broadband infrastructure, which is like strangling the goose that will lay the golden eggs".

However, he stated, "The complaint of many small businesses is the multiplicity of levies and charges by state and local government
agencies. States should, in fact, invest in agencies that can help small businesses comply with regulations and standards and access
credit. When the businesses grow and employ more they create taxable profit and taxable employees."

The vice president, therefore, counselled state governors: "The key thing is to think out of the box and utilize the opportunities that
are open to the state. Some would have advantages that can be readily used in the area of tourism, others would be contiguous to major
economic centres like Lagos and Abuja which offer markets as well as cheaper and more affordable land for residential and industrial
purposes.

"Improving tax morale is also a very big part of the story as the evidence shows that people do not feel obliged to pay taxes and they justify this belief by asserting that they do not receive commensurate services.

"It would also be necessary for States to improve tax administration and widen the tax net by making it easier for people to pay tax both in terms of easier processes and lower levels of taxation."


http://saharareporters.com/2019/10/13/osinbajo-how-state-governments-can-tax-nigerians-generate-more-revenues

The one wey dem Don dey generate since.... How e take help dx country.

Una go just dey collect the ones wey em subjects suppose use dey chop and dey enrich una selves

Very soon... Dem go tell us to even pay tax for breathing in air

If you need Pure Original HOney.. Call or whatsapp 081 016 667 71

Tax Nigerians to poverty awon oloshi

politicians and tax smh

the revenue they are generating from oil is enough to make the country better.

It's easy to tax people but to create wealth you guys won't. Allow states to control their resources so they can develop their territories and invite more investment opportunities una say no.

Our ultimate purpose is to create jobs and growth and as key economic
managers in the context of Nigeria’s fiscal federalism, it is
essential that we work collaboratively and in tandem. I am optimistic
that the deliberations of this council will contribute to achieving
these noble objectives, which will lead us closer to lifting the 100
million people that the president has promised that we will lift out
of poverty in the next 10 years,” he said.

Slow and steady we will get to a New and better Nigeria.
We thank God for the day he gave us this intelligent and God-fearing man as the Vice President of our darling nation.
The best we have ever had in the history of our nation.
May God continue to give him and the President more wisdom, knowledge and understanding as they take our country to a land flowing with milk and honey.

God bless Nigeria.

Igbosmoker:
Shut up mad man

A person that call himself igbo smoker calling the vice president of everyone in his house a mad man?!
There is everything in a name truly!

VP sir, kindly open the border closed by Bubu. Local Rice is 20k while Foreign Rice is 25k. People are suffering.

Increase minimum wage to 200k per month

Provide 24/7 stable electricity

Provide loan facilities to business owners at 5% interest per annum

Fix all bad roads

Provide rail service across the country

Improve our health care

Slash salaries & allowances of political office holders from presidency to councillors so they earn only 5% of their current earnings infact place them on same scale with civil servants

Come back to us & demand for tax then we'll gladly pay

Them sha wan kill Nigerians with tax, even uk don dey learn from us

Endeavor to read through before making any comment if you don't want thunder to slap you

Issorite

People would have been more willing to pay taxes if they can actually see what these taxes are doing for them. As it is now, people see taxes as a way of impoverishing citizens and crippling businesses

Buhari/Osibanjo 2023

Tax... Tax... Tax.

The usage of this task in reality is what is key.

Stupid country

It is well.

We are just suffering and smiling in dx country

Which kind of government do we even have?, you have not created jobs, majority of Nigerian population don't work, they hustle, instead to creat jobs you keep looking for ways to exploit the masses, can't they think of industrialization or something?

#tollgate
#increased VAT
#closed borders
#tax to deposit and withdraw money
#tax on data
#tax on online purchase
#tax on fuel
#tax on food
#tax on transportation
To mention but a few, these guys will finish us

this second term promises to be intresting,

Lagos state has a high IGR based on tax because Bola Tinubu created a model of governace where people see things they pay for through infrastructures and policies


..

D one we dey generate since,who e epp?as if no b say na u politicians dey embezzle am

Hmmmmm next level taxing

...but he wont tell them how to make basic facilities like water, light, good roads, good health available very readily to the same lagosians. All of una na thief.
My whole street is filled with river/rain/dam water i cant even go out due to bad lagos. Mtcheeew

Meanwhile, Support me to buy a phone at a very cheap price shorturl.at/ehnG5 Taink you

[s]

iwaeda:
Vice President Yemi Osinbajo has challenged states in Nigeria to
explore ways of increasing their internal revenue generation and
boosting their agricultural production.

Osinbajo urged states to do more to harness the entrepreneurial spirit
of Nigerians.

The vice president stated this while delivering the keynote address at
the 18th Meeting of the Joint Planning Board (JPB) and National
Council on Development Planning (NCDP), in Asaba, Delta State capital.

He said, “states must engage in careful and well-thought-out strategic
planning in order to articulate and implement priorities derived from
strategic thinking based on comparative advantages.”

According to Osinbajo, the event themed, 'State Fiscal Sustainability
and Economic Diversification in Nigeria', reflected the common
commitment of the federal and state governments to work together in
planning the economic future of Nigeria and its people.

“Our ultimate purpose is to create jobs and growth and as key economic
managers in the context of Nigeria’s fiscal federalism, it is
essential that we work collaboratively and in tandem. I am optimistic
that the deliberations of this council will contribute to achieving
these noble objectives, which will lead us closer to lifting the 100
million people that the president has promised that we will lift out
of poverty in the next 10 years,” he said.

He added, “I propose three things for the consideration of this august
body as a means of increasing production and generating the revenues
at the state level. First, I would urge that states engage in careful
and well- thought out strategic planning in order to articulate and
implement priorities derived from strategic thinking and based on
comparative advantages.

“Second, there is great scope for boosting agricultural production if
States choose two to three high-value crops/products to specialize in.
Such specialization will enable economies of scale in the provision of
support across the entire value chain of prepared land, seeds,
fertilizers, and pesticides, storage, processing and transportation,
marketing and sales. This also implies organizing the agro-allied
value chain from farm to table.

“In a similar vein, states must take advantage of the entrepreneurial
spirit of Nigerians by empowering economic clusters and trade groups
through the provision of basic infrastructure and shared facilities.”

Osinbajo noted that the current move of the federal government to
provide broadband connectivity for all by 2023 "will assist the states
productive base but they cannot charge fees for laying of broadband
infrastructure, which is like strangling the goose that will lay the
golden eggs".

However, he stated, "The complaint of many small businesses is the
multiplicity of levies and charges by state and local government
agencies. States should, in fact, invest in agencies that can help
small businesses comply with regulations and standards and access
credit. When the businesses grow and employ more they create taxable
profit and taxable employees."

The vice president, therefore, counselled state governors: "The key
thing is to think out of the box and utilize the opportunities that
are open to the state. Some would have advantages that can be readily
used in the area of tourism, others would be contiguous to major
economic centres like Lagos and Abuja which offer markets as well as
cheaper and more affordable land for residential and industrial
purposes.

"Improving tax morale is also a very big part of the story as the
evidence shows that people do not feel obliged to pay taxes and they
justify this belief by asserting that they do not receive commensurate
services.

"It would also be necessary for States to improve tax administration
and widen the tax net by making it easier for people to pay tax both
in terms of easier processes and lower levels of taxation."


http://saharareporters.com/2019/10/13/osinbajo-how-state-governments-can-tax-nigerians-generate-more-revenues

[/s]

Osinbajo is gradually turning to a full time enemy of the Nigerian masses and he will get his hands burnt if he doesn't withdraw his steps fast!


You and Buhari want to adopt UK tax system of making sure their citizens are well taxed but you two failures refuse to also put in place the systems and things UK government provided for their citizens which is why UK government tax their citizens high.


No social welfare for Nigerians; the so called N-Power is bullshyyt that is not effectively managed. UK offer free healthcare for their citizens and affordable education which are not just anyhow healthcare or education but world class.


UK provide adequate security for their citizens even outside the UK, Nigerians in Nigeria, in fact you Osinbajo is not even secured talk more of an average Nigerian citizen yet you want to tax the already broken and poor Nigerians the more.

If you and Buhari continue with all these increase in tax for poor Nigerians, it will backfire as price of daily commodity will increase, thereby pushing more Nigerians into crime, hence it will become even more dangerous for you to move around and soon your tenure will end by then, armed robbers and kidnappers will come ask you for their own share either through you or your relatives, so continue, maybe you think you and Buhari will remain in power forever!


Unreasonable failed clowns calling themselves leaders!!!

Generate more...How well are they using the one already available?

Shut up mad man

And you have refused to ask what they have been doing with the ones collected.