70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler - Politics (4)

Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,153,147 members, 7,818,442 topics. Date: Sunday, 05 May 2024 at 03:58 PM

70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler - Politics (4) - Nairaland

Nairaland Forum / Nairaland / General / Politics / 70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler (17490 Views)

Throwback Photo Of Osinbajo With Tunde Fowler / States N145b Allocation From FG In July 2016 / Tunde Fowler Of FIRS Recruits 349 New Staff Secretly - Sahara Reporters (2) (3) (4)

(1) (2) (3) (4) (5) (Reply) (Go Down)

Re: 70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler by Midegee(m): 9:24am On Jul 26, 2016

Reference:

Jaundiced thinking. It is the citizens that build their countries not the government. It is the people that fund their government, pay their salaries, build their infrastructure and develop their economy. Government merely organises these activities in the light of common interests. That is how the people can take control. For he who pays the piper dictates the tune. The government dictates the tune today because the people donot pay for a 'ccontrolling stake' in their country.

What the people should do now is to demand for a controlling share of the country's resources so they can pay to dictate the tune. Privatisation, resource control, education, self determination, are some of the tools which the people should demand. So what is happening is the future and we should thank the peoples of the Niger Delta forforcing these important reforms to our national psyche. It is them that are the true agents of change and in years to come folks will behin to understand why I said Goodluck Jonathan remaims the best President Nigeria ever had. Because all the things happening now were predicted and now the process must not be scuttled.

Must you insult to make valid your point, as much as I wld have loved to applaud your critical thinking, your vugal manner of approach is beclouding that.Made incredibly brainy points tho, cnt take that from you but you cld done that without any form of insult

Re: 70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler by cecegorz(m): 9:25am On Jul 26, 2016

Before we start rejoicing over 500bn June allocation, the question should really be how much is US dollars was accrued compared to previous months.
This sum might just be as a result of the devalued Naira that makes the money look so big.

Simple math : $2bn converted at the rate of N197/$ in the previous months would give N394 billion, while the same $2bn in June after devaluation of Naira to N285/$ will give N570bn.

In simple terms, they just shared an inflation-induced 'increase' in allocations. By the time you take that same money to the market, you'll face the reality.

1 Like

Re: 70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler by Chiznonso: 9:26am On Jul 26, 2016

My Brother oil and gas is 95% of our exports that is Oil and gas generates 95% of our dollar revenue and attracts the highest Foreign Direct Investment, and Gas powers 80% of electricity generation, Follow the dollar not the naira

Re: 70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler by Greenback: 9:28am On Jul 26, 2016

ManMountain:

Your IO is in the negative

thanks for ur emotional concern,buh its better than the,you know, peanut (lollsss),the fantastically sophisticated zombie peanut....thanx again..buh shove up ua anus...lllollssss

Re: 70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler by sammhi(m): 9:32am On Jul 26, 2016

Why does this govt loves lying ?
If 70% is from non oil , how come Rivers,Bayrlsa , Akwaibom and Delta all got more than Lagos and Kano? What Non oil did these produce to earn so much when we know that if it is non oil , Kano and Lagos would have earn more
Truth is the devaluation of naira is what made them earn more and also removal of petrol subsidy . Period
Stop all these lies

1 Like

Re: 70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler by Greenback: 9:35am On Jul 26, 2016

ManMountain:

choi,he ran away..
.buh all the same,thats only gonna happen when u stop posting thru da anus,you know,ANUSal post..and the peanut,too lolss

Re: 70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler by saintdennis(m): 9:36am On Jul 26, 2016

Qmerit:
So our tax system is working.
Thanks to heaven!
A country without working tax system is doomed.

Once they(apc) finish lagos-ibadan and erect a toll I guarantee nigerians they won't see pot hole on that road again.

If only NDA could give pmb 2years of peace... even the ND would open up

Re: 70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler by QuotaSystem: 9:37am On Jul 26, 2016

Your ancestors have been saying that since 1900 . Man must get hope sha

My own is you shouldn't stop bombing the Niger Delta, may the almighty continue to protect the remaining kids you haven't yet sacrificed to legendary idiocy.

Get off the booze and be productive you lazy lots, that's the only way you can save yourselves from your increasing irrelevance .

bayelsaowei:
we will get what we want...you dont have to worry... ..keep calm...

keep your longer throat to yourself..

mr quotasystem...quota system which your people coined because of their stark laziness...

Re: 70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler by yahmohy27: 9:41am On Jul 26, 2016

modath:

How? You don old pass this falsehood Pa C.

When did the scavengers start their drama? This year! When did Tompolo go into hiding? This year.

Weren't states owing salary long before then? Since last year!

Non payment of salary is purely about low oil prices.... Nothing else attached..

However whatever magic happened in June, God will sustain it, hatred does not fill stomachs... hate Buhari to your heart's delight but never lose sight of the fact that old pensioners are dying...

Gbam,though there are olodos here on nairaland

Re: 70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler by limeta(f): 9:42am On Jul 26, 2016

[quote author=omenka post=47892399]This is really breaking some hearts as can be seen. They hate the sound of good news like the sons of Beelzebub they are.

Weaning Nigeria off ND oil is a task that Must be accomplished!

No region should be allowed to hold the country to ransom. Let them keep blowing things up.[/quot

Dark years kind of mentality
Who is paying you to hang yr self

Re: 70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler by bayelsaowei(m): 9:44am On Jul 26, 2016

QuotaSystem:
Your ancestors have been saying that since 1900 . Man must get hope sha

My own is you shouldn't stop bombing the Niger Delta, may the almighty continue to protect the remaining kids you haven't yet sacrificed to legendary idiocy.

Get off the booze and be productive you lazy lots, that's the only way you can save yourselves from your increasing irrelevance .

get out joor....leech...quota system cretin.. grin

Re: 70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler by yahmohy27: 9:45am On Jul 26, 2016

Taasii4change:
Indeed economy diversification has started yielding results more power to you elbow sir, NDA pls continue destroying your land while the country keep on moving on the right direction.

Yeah coz the rate ppl engaged in farm activities this year is alarming,bliv me b4 ds yr runs out we ll experience great and positive changes

Re: 70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler by modath(f): 9:51am On Jul 26, 2016

Jarus:

No magic happened in June. June is the deadline for filing and payment(of first instalment) of Companies Income Tax. This has always been the case. Maybe the fear of Fowler made more companies comply with the June deadline, but June has always been the deadline for first instalment.

Na still magic, you know how these things were before now

I can't swear but one grapevine source claimed that Fowler personally paid some big shots major tax evader mafia like visits, dem grab sense quick!!

Re: 70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler by proeast(m): 9:56am On Jul 26, 2016

Nbote:
Wash washer washest... Dis one na to appease and giv some ppl hope....

What a confused government that thrives on lies and propaganda! How many people are paying tax in this reccession when businesses are closing down and sacking people? Tommorow, the finance minister or cbn governor will say another thing. They should continue playing with the lives and destiny of 180 million people, many of whom are on the verge of starvation!!!!

Re: 70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler by QuotaSystem: 10:02am On Jul 26, 2016

bayelsaowei:
get out joor....leech...quota system cretin..

Re: 70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler by bayelsaowei(m): 10:05am On Jul 26, 2016

[quote author=QuotaSystem post=47897846][/quote]we would mop all of em...just get off our region....you cretinous leech... grin

Re: 70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler by QuotaSystem: 10:13am On Jul 26, 2016

bayelsaowei:
we would mop all of em...just get off our region....you cretinous leech...

Re: 70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler by Chiznonso: 10:30am On Jul 26, 2016

QuotaSystem:
Your ancestors have been saying that since 1900 . Man must get hope sha

My own is you shouldn't stop bombing the Niger Delta, may the almighty continue to protect the remaining kids you haven't yet sacrificed to legendary idiocy.

Get off the booze and be productive you lazy lots, that's the only way you can save yourselves from your increasing irrelevance .

How can a bloody Nigerian can Niger Deltans LAZY? Niger Delta produce 100% of Nigeria Oil and gas which is 95% of our exports and supplies gas that powers 80% of electricity generation what are U saying , as far as the economy is concerned Niger Delta is the only productive region in Nigeria the rest is Negligible,

Re: 70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler by Excellentmind: 10:30am On Jul 26, 2016

Why this hasty celebration? However, let us wait and see how sustainable this will be in the next six months.

Re: 70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler by QuotaSystem: 10:46am On Jul 26, 2016

Yes they're the laziest because they do nothing but sit and wait for stipends from government and oil companies. What work did they do to produce the oil? Is it not other Nigerians like Otedola, Dangote, Rahamaniyya, Capital oil etc that are active in the industry? I hope you're aware that according to the Land Use Act every drop of oil belongs to the FG of Nigeria and not any lazy group of people born above her delta region.

Niger Delta produces oil. Niger Deltans produce NADA. Laziness is an understatement, even their Governor could not deny the fact.

Chiznonso:

How can a bloody Nigerian can Niger Deltans LAZY? Niger Delta produce 100% of Nigeria Oil and gas which is 95% of our exports and supplies gas that powers 80% of electricity generation what are U saying , as far as the economy is concerned Niger Delta is the only productive region in Nigeria the rest is Negligible,

1 Share

Re: 70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler by seguntijan(m): 10:50am On Jul 26, 2016

If we can continue at this rate,it wont be long before we forget about oil in this country.I'm so happy that change is here. dont let PDP make you look stupid for voting for change

Re: 70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler by MrGerald(m): 11:05am On Jul 26, 2016

Fg/States are only trying to increase their own pocket through tax which does not reflex in the life of the citizens/tax payers, believe that over 70% came from non oil sector at your own peril (lies).

Re: 70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler by rumaabk(m): 11:23am On Jul 26, 2016

cocoduck:
hahahahahahaha just eating the ones that were saved in the past, the CBN governor and finance minister said in TWO months time, if nothing is done, Nigeria won't be able to pay salaries, not now, this is just to calm people down, until then.

Shame on u enemy of progress wetha u like it or not Nigeria will progress and by Almighty God u will continue to be unemployd coz this is what u want for ur life.

Re: 70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler by Jarus(m): 11:24am On Jul 26, 2016

modath:

Na still magic, you know how these things were before now

I can't swear but one grapevine source claimed that Fowler personally paid some big shots major tax evader mafia like visits, dem grab sense quick!!

I agree. I'm a tax professional. FIRS officers came to companies office and practically escorted them to bank to pay CIT in the last weeks of June. But my point is, it is statutory to pay in June.

Re: 70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler by Omonigeriarere: 11:49am On Jul 26, 2016

cktheluckyman:
The same way you people told us oil accounts for only 13% of the budget yet simply because of the oil attacks by the NDA 27 states cannot pay salaries snd the FG is broke.Oya continue Mr Linus

Were all of them able to pay salaries even during the oil boom? The things have gone worse to the extent that your Ineffectual Buffon and your glorious paper economist has even borrowed to pay FG workers. Click here to read what Iweala said even before GEJ vacated office.

http://www.pmnewsnigeria.com/2015/05/06/fg-borrows-n473bn-to-pay-salaries-okonjo-iweala/

Get it right.

Re: 70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler by HEIR: 11:55am On Jul 26, 2016

modath:

Na still magic, you know how these things were before now

I can't swear but one grapevine source claimed that Fowler personally paid some big shots major tax evader mafia like visits, dem grab sense quick!!

No magic madam. The dude just stated taxes were filed and payments made in June. If there was any magic it was as a result of 'floating' the dollar and naira devaluation. And of cos savings from non payment of fuel subsidies.
Although some progress is being made which is a good sign, but at the same time many companies closed shops and employees lost their jobs. Which invariably reduced IGR. Thing is complete diversification from oil is a long term project, not something we can achieve even in a decade.
Finally, I see the comments from Nigerians and I see so much hatred, especially the quotasystem dude. Dont know the level of his education or what he does for a living and why he hates the Niger delta people so much. But one thing is certain Nigeria would still depend on oil/gas for decades till Elon's Tesla and other scientists come up with better alternatives to man's energy needs.

1 Like

Re: 70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler by azzima(m): 11:59am On Jul 26, 2016

Legitbaba:
Oh really?? Is this guy serious! ?? Tomorrow, another minister will come and tell.us that the budget can't b implemented because of NDA activities...same way they told us oil money will cover jst a lil percentage of the 2016 budget...

Lies lies and lies again

Igbos!!!!!!!!Haters of ANY good news coming from Nigeria.Still bitter after your collosal(miscalculation ) loses at the elections. I can guarantee that they will keep Miscalculating till 2099. It's a curse!!

Re: 70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler by MamaletASO: 12:26pm On Jul 26, 2016

Good one Mr Fowler FIRS.
But i want to remind you that TAX PAYER's money is meant for the
Provisions of Social Amenities like Water, building Schools, good Roads, Electricity, Good Health centres, etc.
And not for paying salaries, sharing, or otherwise. If you continue this way, Naija will be better,..
Thank you.

Re: 70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler by matamaros: 1:13pm On Jul 26, 2016

THIS IS GOOD NEWS. THE COUNTRY IS GRADUALLY DIVERSIFYING FROM THIS CURSE CALLED OIL. I AM SO HAPPY. I WISH THEY WILL CHANGE THE REVENUE SHARING FORMULAR

Re: 70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler by amaechi1: 1:35pm On Jul 26, 2016

Legitbaba:
Oh really?? Is this guy serious! ?? Tomorrow, another minister will come and tell.us that the budget can't b implemented because of NDA activities...same way they told us oil money will cover jst a lil percentage of the 2016 budget...

Lies lies and lies again

Sir, paying salaries is not the only component in a budget. There are other component like debt management and infrastructure both already started and new one. I will encourage you acknowledge good move when you see one.

Re: 70% Of June Allocation From Non-oil Sector – FIRS Chairman Tunde Fowler by fashrola(m): 1:59pm On Jul 26, 2016

LooooL

(1) (2) (3) (4) (5) (Reply)

Senate’s Action Childish , Irresponsible – Sagay / Pictures Of New Flooding In Benue State!!!! / Nigeria'll Not Know Peace Until An Igbo Becomes President - Nwobodo

(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. 64
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.