Finance Minister, Mrs. Kemi Adeosun, said Thursday that the federal government would begin to tax first and business class flight tickets in line with the new tax drive aimed at boosting revenue.

The move is coming almost three years after the previous administration rolled out the initiative among a cocktail of measures to boost revenue with the precipitous decline in oil price from mid-June 2014.

Adeosun said the new drive followed the signing of a policy to tax first and business class tickets as well as other luxury goods.

She made these disclosures in a Facebook interaction with Nigerians, where she was asked whether or not there was a plan to tax both classes of tickets as well as sundry luxury items. She simply responded: “I think yes. We signed something yesterday on luxury goods: champagne, brandy, whiskey, wine, jewellery, high-end jewellery.

“We’ve signed something that will bill access charge on first class and business class tickets; we are just doing the final part of the implementation and we also want to try and amend the tax payer book on high-end cars, luxury cars.”
She assured Nigerians that the proceeds would be deployed into turning Nigeria into what it was in the past.

According to her, “If we move our tax-to-GDP ratio up, it means two things: One, we will be able to provide more services to our people. Many of the things we are not able to do are a function of the fact that we don’t have enough money.

“We need to build more schools, we need to build more hospitals, we need to build more roads. This is not rocket science. Every country has challenges, there is nothing we are facing that other countries haven’t faced.

“Every poor nation has very poor tax compliance rate and every rich nation has high compliance rate. So we want to be a prosperous nation. So what is in it for the citizens? If everybody pays, there will be far more money in the pool to be spent on the services that we need.

“These things are what we call public goods, and they are funded from taxes. If you have been all around the country, you’ve seen the need, you’ve seen the number of people that are living in poverty. We can lift people from poverty if we have the right money.

“We could do so much more in the economy if we had the money. If our public school system improves, many people who are currently paying school fees will move their children back into the public schools.”

The minister noted that a lot of people that were very successful today were educated in public schools because such schools were good, stressing: “We can recreate that; same with the health system. A lot of people die needlessly because we don’t have the right health facilities.”

However, she clarified that Nigerians living and working abroad, and paying taxes in those countries do not have to pay taxes in Nigeria.

http://investorsking.com/finally-fg-to-tax-first-business-class-tickets/

I no dey kukuma check those business class options when I dey book.

Infact, my phone is aware of that, the default setting is economy class. My problem be say make dem no push our "first class citizens" come begin dey raise the price of economy class for us through competition.

If dem ask me how much is the fare on a particular route that I'm familiar with, I always assume you are talking about economy, and na wetin I go talk be dat because I na wetin I sabi, so this one no concern me.

“We need to build more schools, we need to build more hospitals, we need to build more roads. This is not rocket science. Every country has challenges, there is nothing we are facing that other countries haven’t faced.

if u want to build more infrastructure,

taxing first class tickets is a wrong move.

it's only gonna cause unnecessary inflation in the aviation sector

instead tax churches

for every 10 percent they deposit in their accounts

after all the members of the churches are all under govt pay directly or indirectly

and we are even the govt sef...

torres89:
“We need to build more schools, we need to build more hospitals, we need to build more roads. This is not rocket science. Every country has challenges, there is nothing we are facing that other countries haven’t faced.

if u want to build more infrastructure,

taxing first class tickets is a wrong move.

it's only gonna cause unnecessary inflation in the aviation sector

instead tax churches

for every 10 percent they deposit in their accounts

after all the members of the churches are all under govt pay directly or indirectly

and we are even the govt sef...

So Muslims shouldn't be taxed bah

Dunno why they always arrived at clueless implementations...!

smartty68:
So Muslims shouldn't be taxed bah

do Muslims pay tithe

torres89:



do Muslims pay tithe

Are they not government children

Where

ok

So it's now a crime for the rich to enjoy their wealth abi

nextprince:
I no dey kukuma check those business class options when I dey book.

Infact, my phone is aware of that, the default setting is economy class. My problem be say make dem no push our "first class citizens" come begin dey raise the price of economy class for us through competition.

If dem ask me how much is the fare on a particular route that I'm familiar with, I always assume you are talking about economy, and na wetin I go talk be dat because I na wetin I sabi, so this one no concern me.

See this poor thing claiming what he's not, you don see plane before?

ok

CROWNWEALTH019:

See this poor thing claiming what he's not, you don see plane before?

Some things that are illusions to you are actually real to others.

You don't have to be rich to travel by air.

Why do I feel this is just an avenue for some goats to loot more from the nation

I no go talk yet

but make dem try tax my bread and beans then they will know say shekau no get craze reach me

Govt come and tax my God is Good first class ticket, jobless govt

Really sad the way that our youth now reason upside-down... Just look at comments above

Stupid APC

nextprince:

Some things that are illusions to you are actually real to others.

You don't have to be rich to travel by air.

Well played.

Like SERIOUSLY ??
WHO WERE THEY TAXING BEFORE ?

in almost all countries of the world you place huge tax on Luxury goods that depletes the governments foreign reserve.. all those folks drinking Most and champagne are supposed to be taxed since they have more than enough to throw everywhere.

that's how you get money, without opressing the poor who are already very miserable...
SO WHO WERE THOSE MANAGING OUR ECONOMIC POLICIES ALL THESE WHILE TO NOT TAX ON LUXURIES ??

torres89:


do Muslims pay tithe

dem talk firs class una talk Muslim wetin dey do una brain

smartty68:
Dunno why they always arrived at clueless implementations...!

......because "they" are now seeing the true clue of that "clueless".

martineverest:
Really sad the way that our youth now reason upside-down... Just look at comments above

. You've said it all. The worst is when crimes are perpetuated by Nigerians abroad, it becomes an ethnic war. You see some set of people celebrating that the crime committed was not from someone from their ethnic region. Nigerian youths need re-orientation

Useless government.... Very soon they'll soon start taxing us for every meal cooked. Very useless government

emajoe:


......because "they" are now seeing the true clue of that "clueless".

Seriously, I'm weak

It seems I have heard this before. Oh yes! When Okonjo Iweala was minister of finance. Seems like copy and paste to me.

Will they also tax themselves or just the masses?

mavinc4u:
Will they also tax themselves or just the masses?

They are already taxing themselves because they fly first class not the masses.

I hope this government will not come and say people should be taxed before allowed sex with their wives?