Heroesworths:
Yes... But wait they say the treasury is dry

APC lie lie

alaoeri:
Credit goes to PMB.

MUMU

sathel:
they are nairalanders gatekeepers especially dat Introvert..Kai I hate dat girl

But I love you

If You Ask Buhari And The APC, They'd Tell You Jonathan Swept The Treasury Up Till July 2015

Whynotthetruth:
…Says oil firms now default in tax payment

From ADETUTU FOLASADE-KOYI, Abuja

Acting Executive Chairman of the Federal Inland Revenue Service (FIRS), Samuel Ogungbesan, yesterday said the Federal Government got about N1.842 trillion revenue generated from taxes in the first half of 2015. Ogungbesan said the money was paid into the Federation Account shared by the three tiers of government.

The FIRS boss said this while briefing Senate President, Dr. Bukola Saraki, on the activities of his agency, accompanied by his senior management officers. Ogungbesan, however, noted that Nigeria could have got more if not for the numerous social, political and economic challenges.

In a breakdown given to the Senate President, he said the agency raised N697 billion from Petroleum Profit Tax; N778 billion from the Company Income Tax and N376
billion as Value Added Tax, adding also that between N12 billion and N15 billion import VAT was still being expected from the Nigerian Customs Service (NCS). The agency’s annual target for the oil and gas sector is N1.4 trillion with an expected monthly target of N123.74 billion.

“We have oil but most of the foreign companies are not picking up our oil anymore because they have developed their own oil. Oil and gas, which is key to the economy, has not been doing too well. This is as a result of many factors. Many of these are completely outside our control, including the crash of price of oil in the international market.

“Although it started gathering some momentum in the last three months, as at today, it is $59 per barrel. What is within our purview is basically what intervention we can make to shore up from the revenues in the non-oil sector.”

Ogungbesan said his agency had perfected arrangement with the operators of the non-oil sector on how they could be making contributions to government on a.regular basis instead of the current annual or bi-annual remittances so that there would always be money to fund the budget.

Responding, Saraki noted that the country’s over dependence on oil could no longer be a way forward for the country, stressing the need to look at the area of taxes
which is more stable and reliable. The Senate President cautioned the FIRS management on the implementation of the luxury tax, especially as it concerned the private jet owners because the issue is sensational.


http://sunnewsonline.com/new/fg-rakes-in-n1-8trn-in-6-months-firs/

Lalasticlala...Ishilove...

.......

berrystunn:



MUMU

Ode

This revenue does it include those on alcohol taxation? If yes are the sharia states of the north partaking in the the sharing?

alaoeri:

Ode

Udene ......get the meaning and run mad

castrokins:
If You Ask Buhari And The APC, They'd Tell You Jonathan Swept The Treasury Up Till July 2015

Lies can't travel so far because truth will surely overtake it...

berrystunn:



Udene ......get the meaning and run mad

Amusua......get the meaning and go & die

berrystunn:


Udene ......get the meaning and run mad

nwayoo bikokwa

Why won't they implement taxes on luxury ? Is high time we face reality in this country, let Jet owner be taxed.

RichDad1:
[size=18pt]The Wailing Wailers[/size] will soon start to Hyperventilating

Gbagaun

alaoeri:
Credit goes to PMB.

Abi...since he has been there for 6months. Ode

UncleJudax:

Abi...since he has been there for 6months. Ode

Mumu

Whynotthetruth:


nwayoo bikokwa

Udodi nwane...

We can do better, clamp down on rice importers and reduce the cost of running NNPC.

UncleJudax:

Gbagaun

Uncle you're wicked oooo

Very funny. To some pips this is big money. How ignorant! When u realise that another 1.8 will give u a paltry 2.6 for a year. Change that to d dollar and know how poor we are.
This country is supposed to be making like $100bn at d least but here we are with pips celebrating an amount that may not be up to d budget of Portugal which is by far a smaller economy

alaoeri:

Mumu

Hehehe. E pain am! Kill yourself peacefully, Red Goat.

And jonathan spent 2 trillion on campain, guess who is fooling who.

RichDad1:

Uncle you're wicked oooo

Hahaha. Not at all.

UncleJudax:

Hehehe. E pain am! Kill yourself peacefully, Red Goat.

Bunsuru

barcanista:

stop posting our town okrika here abeg u

alaoeri:

Bunsuru

Ashiere! Super sophisticated Goat!

gblissogan:
stop posting our town okrika here abeg u

U be Okrikan?

Many more treasures, So much sufferings.......Nigeria i hail thee....

UncleJudax:

Ashiere! Super sophisticated Goat!

Asinwin.

Wait o, iam Lost here. The article gives the cumulative amount of IGR derived over the past 6 months but does not disclose how much of that is left today or how much of that 1.8 trillion was handed over. It could be 1 million naira. So why are they really praising Jonathan here?

Atlantian:
I say "Fucck You" to Federal Government. What have you provided for Nigerians that you seek to collect tax ? What have you fuccking provided since 1914 ?

exactly my bro...look at sarakis mouth when he said they have to turn more to taxation...the freaking idiot couldnt think of industrialization...

They want to to tax the paltry salaries we are earning...

I just hate our leaders...

alaoeri:

Asinwin.

Cross-bred Ewure!

Dorrobucci:
I met virtually empty treasury according to d.ullardinho the dribbler.

The treasury can be empty, if FIRS said it generated 1.8trn does not mean that Buhari met 1.8trn, let's ask the PHD in corruption holder how he blew our money