Wosooloo:
Ok

make una stop all these useless scam

No carry this frustration-induced scam enter 2022.

Idi*t

Mtn network just dey misbehave these days.

These people are just making it difficult for firms to pay NYSC members well with this their extortion.

Scrap that useless scheme. Nonsense

yinchar:
A very good bill, I will only suggest there should be a threshold or qualification requirement in terms of profit after tax value.

In many countries, company declaring profit in excess of certain amount have to donate 5-10% of the profit to any Universities of their choice for R&.

1% has proposed out of annual declared profit is perfect and a good bill, considering banks deducts from accounts and smile home with billions in profit.

It's not actually the percentage here, but the fact that companies already have to pay some percentage of their revenue for different stuff like Education, Industrial Training, Nigeria Social Insurance Trust Fund etc.

And this is apart from their Tax.

LibertyRep:
If the scheme is becoming unsustainable, then scrap it instead of over burdening the already burdened firms trying to stay afloat.

It is just an avenue for them to steal.

prekumohtim:


This is becoming ridiculous. Companies remit VAT, Withholding tax, Education tax ....So many taxes and now NYSC trust fund again ? Assuming the federal gov't is even using the taxes for something important it would have been better


Contact me for your Android POS. 0.80.9.3.7.6.5.7.9.5

Not forgetting their CSR,

this Govt, got no plan from Day one, I develop voter apathy, after they win 2015 election,

Since then had not gone to any voting again,

Buhari won’t sign this rent seeking bill.

When they should be talking of how to scrape the scheme

De don finish naija money,kpatakpata to pay youth cops na wahala

Hmm

This our 9th National Assembly is a wonderful one, anything just goes.

Taxes being paid by companies are getting too much, consumers are in hot soup � to pay high prices for items and services rendered to them.

After running generator to power my business government of Nigeria is good for nothing their to steal kill and destroy

Fraudulent Nigeria government

They should go and learn from Egypt how to run a development oriented country bunches of leeches

yinchar:
A very good bill, I will only suggest there should be a threshold or qualification requirement in terms of profit after tax value.

In many countries, company declaring profit in excess of certain amount have to donate 5-10% of the profit to any Universities of their choice for R&.

1% has proposed out of annual declared profit is perfect and a good bill, considering banks deducts from accounts and smile home with billions in profit.

You're talking about developed countries!! Companies are literally struggling here if you overlook the big boys.

yinchar:
A very good bill, I will only suggest there should be a threshold or qualification requirement in terms of profit after tax value.

In many countries, company declaring profit in excess of certain amount have to donate 5-10% of the profit to any Universities of their choice for R&.

1% has proposed out of annual declared profit is perfect and a good bill, considering banks deducts from accounts and smile home with billions in profit.

it is not a good bill,When the NYSC was created in 1973, three years after the end of the Nigerian civil war, its purpose was to mend the wounds of the war and to inculcate a spirit of nation-building.

so who has been supplying the cows the eat ?who has the contract for the uniforms an boots,this money is going to come from a section of Nigeria with highly concentrated industries and services ,while the rest with no industries get appointed an get all the contracts. This programme should be abolished.

ijustdey:


https://punchng.com/firms-failure-to-remit-1-profit-to-nysc-fund-attracts-jail-term/

Very soon all the companies will relocate!

Just another reason to end he scheme. Let it die its natural death.

All the country does is take, take and take without impact on the life of the ordinary man.
More companies will close down at this rate of taxation.
You pay VAT, withholding tax,NCD, NSITF, now they want to include NYSC as if companies are not paying corpers posted to their firms

This is total rubbish

Ayemileto:
Small small, this companies will have nothing left.



Omo, I'm surprised too.

It's like they want to kill all private companies.

Companies pay the following Tax
VAT
Withholding tax,
Education tax
Company Income Tax
Stamp duty
NCDMB tax (1% of total tyrn over)
15% For employee Pension contribution

Others are ITF, NSITF, i didnt mention state taxes oh
You you want to add NYSC trust fund again ?

Companies are folding up and populating the labour market hence hiking crime rate and yet some Nigerians will be paid seating allowance to just plan how to plunder the economy further down the river.
Double taxation everywhere yet the enabling environment for business to thrive that is supposed to be created by state is left vague.
Who NYSC help? How relevant is this scheme in recent times?
Why are these our leaders so lost in reality? These same people save their money in counties with 'tax heaven' and yet expect petty companies here to pay for their extravagances.
No wonder these multinationals keep repatriating their funds.

Government creating avenue for their friends to steal. Many firms are struggling to keep their heads above water while many are folding up due to failed leadership by federal government and the same government wants to force this firms to commit 1% of their fund to a useless programs like NYSC that it purpose has long been defeated. Nigeria is going through it worst leadership crisis in history.

yinchar:
A very good bill, I will only suggest there should be a threshold or qualification requirement in terms of profit after tax value.

In many countries, company declaring profit in excess of certain amount have to donate 5-10% of the profit to any Universities of their choice for R&.

1% has proposed out of annual declared profit is perfect and a good bill, considering banks deducts from accounts and smile home with billions in profit.

You are stupid

Nonsense, why not finance the fund with 1℅ of national Assembly budget instead.

How

CocoaOla:
After running generator to power my business government of Nigeria is good for nothing their to steal kill and destroy

Fraudulent Nigeria government

They should go and learn from Egypt how to run a development oriented country bunches of leeches

They are still not cutting their allowances o

ugbanante:
Companies are folding up and populating the labour market hence hiking crime rate and yet some Nigerians will be paid seating allowance to just plan how to plunder the economy further down the river.
Double taxation everywhere yet the enabling environment for business to thrive that is supposed to be created by state is left vague.
Who NYSC help? How relevant is this scheme in recent times?
Why are these our leaders so lost in reality? These same people save their money in counties with 'tax heaven' and yet expect petty companies here to pay for their extravagances.
No wonder these multinationals keep repatriating their funds.

Repatriation is even getting difficult to make.

seunmsg:
Buhari won’t sign this rent seeking bill.

Kadoso Mutairu, this your oversabitivism must not follow you into the nu year o. Get prepared foodwise and weaponwise. 2022 a bad gan an. May God save you and your family o ooooo , even though you are stewwpeed.

https://www.youtube.com/watch?v=2V13s8Dqo44