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Nairaland Forum / Nairaland / General / Politics / VAT War Between FG, Rivers State Affects Bauchi Budget Proposal (22816 Views)
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Re: VAT War Between FG, Rivers State Affects Bauchi Budget Proposal by Breadnote: 2:55am On Nov 14, 2021 |
bauchi state shud start looking inwards, as. the. people DAT have d oil will soon. take it. |
Re: VAT War Between FG, Rivers State Affects Bauchi Budget Proposal by pacespot(m): 3:32am On Nov 14, 2021 |
So it is Rivers state VAT you have been using to finance your fraudulent budget all these years? |
Re: VAT War Between FG, Rivers State Affects Bauchi Budget Proposal by Nobody: 4:50am On Nov 14, 2021 |
aribisala0: Thank you very much for your time. |
Re: VAT War Between FG, Rivers State Affects Bauchi Budget Proposal by Godons1: 5:35am On Nov 14, 2021 |
zigzagluv: Whatever it is, Anambra is a Northern State. It's IGALA ancestral State. So , don't count it as IGBO State. All the Igbos in Anambra just came to hustle. When Biafra comes, the North will take back Anambra State.
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Re: VAT War Between FG, Rivers State Affects Bauchi Budget Proposal by deltateam: 6:04am On Nov 14, 2021 |
Insecurity: Lazy northerners. Let them be creative, instead of destructive. See them as parasites: feeding off other regions wealth. I think this is a good thing. Let every region be independent, that way bandits will be dealt with internally as they won't generate anything with bandits operation. Peace will then return back to the north and the era of groundnut pyramid will creep in. Hallelujah! |
Re: VAT War Between FG, Rivers State Affects Bauchi Budget Proposal by Emergingnation(m): 6:33am On Nov 14, 2021 |
adamsmith914:E painam ! Fact is that , we don't care about your worthless and useless country..... All our hope and mind is to actualised our dear sovereign state of Biafra, where ABA will be turn to China of Africa, interms of Trade, commerce and Industry with out hinderance by satanic policies of enemies of Ndigbo 1 Like 1 Share |
Re: VAT War Between FG, Rivers State Affects Bauchi Budget Proposal by micmond: 6:40am On Nov 14, 2021 |
Atleast some governors don dey get sense. Thanks to the bold step of WIKE, and BABAJIDE |
Re: VAT War Between FG, Rivers State Affects Bauchi Budget Proposal by Emergingnation(m): 6:41am On Nov 14, 2021 |
Positivepoint:Yes, that's why your imaginery cancer region is trying to leave your country, to enable all tribes to leave in peace and Tranquility with Hausa/Fulani |
Re: VAT War Between FG, Rivers State Affects Bauchi Budget Proposal by winningwinner(m): 7:02am On Nov 14, 2021 |
backbencher: Not really. The amount to collect as VAT is already fixed by law. No state can increase it on its own. What they owe FIRS is also the VAT of their total collected VAT as a state. How would that increase price of anything? The status quo is maintained, what is new is the one receiving it... 1 Like 1 Share |
Re: VAT War Between FG, Rivers State Affects Bauchi Budget Proposal by Positivepoint(m): 8:18am On Nov 14, 2021 |
Emergingnation: And nobody cares |
Re: VAT War Between FG, Rivers State Affects Bauchi Budget Proposal by Coldie(m): 9:54am On Nov 14, 2021 |
ezewealth:According to which statistics? How does easterners abroad sending money home have anything to do with eastern region being productive? Is that how u calculate your own productivity? So a region that produces nothing with all its citizens abroad is more productive than a region that produces something with all its citizens instead of running abroad are busy cracking their brains and sweat to add to their economy? |
Re: VAT War Between FG, Rivers State Affects Bauchi Budget Proposal by Coldie(m): 9:55am On Nov 14, 2021 |
CYPRIANJUNGLE:Biafra war was the whole Nigeria against the south east. Do u think that they were fighting for u to stay because there was one gold they wanted to benefit from u? |
Re: VAT War Between FG, Rivers State Affects Bauchi Budget Proposal by Coldie(m): 9:58am On Nov 14, 2021 |
zigzagluv:With this your explanation it should tell u that on the long run north would win the VAT war, especially against the east. The north is the most populated region in Nigeria so the VAT collection tool would benefit them, it’s the east I don’t understand what they are fighting for. The East is diasporaean in Nature with most of its youths living outside the region, now we have a Vat system that allows the Vat of its youth contributed in any state they reside to be benefitted by the states they come from and they are fighting against it. Where the sense dae na |
Re: VAT War Between FG, Rivers State Affects Bauchi Budget Proposal by Coldie(m): 10:01am On Nov 14, 2021 |
NiceMen:This is the excuse u people use for being unproductive. War or north the eastern region is not rich tell yourself the truth |
Re: VAT War Between FG, Rivers State Affects Bauchi Budget Proposal by Coldie(m): 10:04am On Nov 14, 2021 |
ThickSharon123:All these fantasies are easier said than done; your leader Nnamdi Kanu that has been accused many times of embezzling ipob funds you guys are still supporting him, and u want me to believe that if Biafra comes over night u will change. Liberia has a larger landmass than Biafra and is located in the coast it’s still poor; same with Sierra Leone, Benin republic, Togo etc and u believe having your own country would make Riches fall from heaven. Lol |
Re: VAT War Between FG, Rivers State Affects Bauchi Budget Proposal by Coldie(m): 10:08am On Nov 14, 2021 |
tommy589:LoL… that’s a good way to kill a country’s economy. If Not for the fact that Nigeria is too big with huge and diverse population, if it was one small country with 60% of its citizens fleeing the country in the name of foreign repatriation. It would be very poor with inflation sooo high. Why Because you would have a situation whereby instead of people having industries to get job there by increasing productivity they will be waiting for foreign contributions. Leading to low productivity na high inflation |
Re: VAT War Between FG, Rivers State Affects Bauchi Budget Proposal by skywalker240(m): 10:17am On Nov 14, 2021 |
adamsmith914:Stupid government magic kill your liability dumb head there. you must be a silly deluded prick to think this stupid and useless aboki government of the north will be in power forever. When Power changes hand, we will define government magic. after the VAT victory, i hope you All parasitic liabilities die in your misery, suffering and dirty poverty infested life. Foolish kid with free 50mb opera. Idiot. |
Re: VAT War Between FG, Rivers State Affects Bauchi Budget Proposal by snoopz: 10:59am On Nov 14, 2021 |
Useless state that is waiting for other states to drop their own resources to develop their own state Who designed the igr models sef |
Re: VAT War Between FG, Rivers State Affects Bauchi Budget Proposal by NiceMen: 11:31am On Nov 14, 2021 |
Coldie:in terms of population of rich, the North can boast of a few, many of whom got their help by military and politics as the North ruled this country More... Same can't be said about Easterners. They lost their wealth and made it back. On individual basis, The East has far more richer population than the North. Easterners didn't make their money through politics. It was hard work, sweat and blood. The East has large deposit of oil and gas the largest gas reserve in Nigeria. |
Re: VAT War Between FG, Rivers State Affects Bauchi Budget Proposal by Coldie(m): 11:56am On Nov 14, 2021 |
NiceMen:Where una dae get dz lies from? U are using those almajiris in the road or people from Niger republic masquerading as northerners as yardstick to say northerners are poor? People that have been eating Nigerian money since 1970, apart from that north big men stay and live in their region thereby adding to its development as a result of their presence in the area, in the east once big man get money it’s either to relocate abroad or to go and base in Lagos or Abuja, an average northerner has farmland and livestock to his name, can same be said about the east? There’s a difference between working hard and working smart say u use ur sweat and blood get money no mean say u rich o |
Re: VAT War Between FG, Rivers State Affects Bauchi Budget Proposal by aribisala0(m): 12:09pm On Nov 14, 2021 |
winningwinner:Which law are you talking about ? Can you cite it Do you understand the implication of the recent judgment ? IF that judgment stands then states can increase or decrease VAT In fact the recent law passed by Lagos State has reduced VAT in Lagos |
Re: VAT War Between FG, Rivers State Affects Bauchi Budget Proposal by Nobody: 2:34pm On Nov 14, 2021 |
winningwinner: Prices will go up because VAT would be collected on goods sold in that state...especially since states are 1) broke 2) broke. Plus, laws can be changed...and the law governing VAT can be raised. And anyway...the higher cost resulting from states collecting VAT would be passed on to the customer Plus, anyone who thinks states won't increase VAT....lol. You actually trust those politicians. Finally, someone buys wholesale in state A to sell in state B. Both states charge VAT. And where does that leave us.? Look...I am not opposed to states charging VAT...but it is not as simple as North vs SOuth, and North benefiting from beer money. |
Re: VAT War Between FG, Rivers State Affects Bauchi Budget Proposal by preciousmetals: 3:10pm On Nov 14, 2021 |
South East have everything to survive, Imo, Abia and Anambra is oil producing state, Anambra State has the biggest gas deposit in Nigeria, South East human resource is best to non in Nigeria, apart from that, the Igbo Diasporas remittance alone is equivalent to 50% of Nigeria total year budget, so we need no help from any body to survive Godons1: |
Re: VAT War Between FG, Rivers State Affects Bauchi Budget Proposal by preciousmetals: 3:13pm On Nov 14, 2021 |
You need to go back to school Coldie: |
Re: VAT War Between FG, Rivers State Affects Bauchi Budget Proposal by aribisala0(m): 3:15pm On Nov 14, 2021 |
preciousmetals: Biggest gas deposit? Really? How much gas exactly Where did you get this from? |
Re: VAT War Between FG, Rivers State Affects Bauchi Budget Proposal by aribisala0(m): 3:24pm On Nov 14, 2021 |
backbencher: You have not come up with any logical explanation of how or why prices will go up BECAUSE states collect VAT VAT can only be collected where there is value addition and if VAT is not being collected in some states that is inefficient collection no because there will be any NEW taxes. Rather states will start collecting what they should have been collecting all along It may translate into higher prices in SOME states not ALL especially not those that are already efficiently collecting VAT whilst giving the consumers in those that don't an easy ride |
Re: VAT War Between FG, Rivers State Affects Bauchi Budget Proposal by Nobody: 3:28pm On Nov 14, 2021 |
aribisala0: It will mean higher prices across all states for the simple reason that states are running on empty due to low revenue form oil. So they will levy vat on everything. And I mean everything. And as needa of states go up so does the vat. This isn't a north souh battle or a beer battle. |
Re: VAT War Between FG, Rivers State Affects Bauchi Budget Proposal by aribisala0(m): 3:31pm On Nov 14, 2021 |
backbencher:How will it mean higher prices Let us analyze the HOW Or is it written in the Quran or Bible They cannot lay VAT on everything . There are rules and a consttution e.g Food is exempt from VAT So why not educate yourself and stop scaremongering If states improve the efficiency of collection under current rules and exemptions there is nothing wrong with that |
Re: VAT War Between FG, Rivers State Affects Bauchi Budget Proposal by Nobody: 3:33pm On Nov 14, 2021 |
aribisala0: Am not talking about food plus some restaurants do charge Vat by the by. Am talking about vatable items of which there are a lot. Drop the strawman |
Re: VAT War Between FG, Rivers State Affects Bauchi Budget Proposal by aribisala0(m): 3:45pm On Nov 14, 2021 |
backbencher:What exactly are you talking about Restaurant food is VAT -table because there is added value. Clearly you do not know what VAT is about Food in the market for the common man is exempt from VAT The question is whether VAT will start to apply to those items that are exempt Whether VAT can be charged twice for the same thing Food is exempt Petroleum products are exempt Anima l feeds are exempt The only thing that will happen is that leakages under the existing rules will improve There will not be any new VAT just more efficient collection under RULE OF LAW If an item is VAT able and is not being charged and that s started . There is nothing wrong with that. Under the current rules that are being disputed NOTHING stops FIRS becoming more efficient |
Re: VAT War Between FG, Rivers State Affects Bauchi Budget Proposal by Nobody: 3:54pm On Nov 14, 2021 |
aribisala0: 1.Stop raising the food strawman, I think we have sorted that out. 2.VAT is charged on a lot of things like airtime and beer. And when the prices of those things go up because states are now free to charge VAT, you guys will complain well well. 3.VAT is charged on restaurant food...I recall a thread where someone pointed that out. Again, I am not scaring anyone. I am not in government, I have no links to government. The idea of VAT for states appeals to me because I am a guy who thinks that we charge too little tax and states charging VAT makes me happy and satisfied. But the unintended consequences is what I am warning you guys about. |
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