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Nairaland Forum / Nairaland / General / Business / Government Raises Import Duties On Consumable, Luxury Goods (21440 Views)
List Of 115 Items To Enjoy FG Import Duties Cut / FG Slashes Import Duties On 115 Items / FG Raises Import Duties On Luxury Goods, Food Items That Have Local Alternatives (2) (3) (4)
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Re: Government Raises Import Duties On Consumable, Luxury Goods by Sunnycliff(m): 10:28am On Dec 29, 2016 |
UncleJudax: That's the crunch word they use in hoodwinking the gullible 1 Like |
Re: Government Raises Import Duties On Consumable, Luxury Goods by Nobody: 10:28am On Dec 29, 2016 |
Now that's what I call ''change'' |
Re: Government Raises Import Duties On Consumable, Luxury Goods by XX01(f): 10:29am On Dec 29, 2016 |
Atiku2019: Yes, but they did not budget 100m for kitchen upgrade. Money would have been used for something else. 1 Like |
Re: Government Raises Import Duties On Consumable, Luxury Goods by HAH: 10:38am On Dec 29, 2016 |
So according to Buhari sugar and salt are luxury item and duty on their importation has increased from 10% to 70%. Expect serious increase for sugar and salt 2 Likes |
Re: Government Raises Import Duties On Consumable, Luxury Goods by redsun(m): 10:38am On Dec 29, 2016 |
Small fishing boats and both engines shouldn't be included. They are for commercial purposes and making them relatively affordable and available will make a great difference in smallhold fishing sector in Nigeria. 1 Like |
Re: Government Raises Import Duties On Consumable, Luxury Goods by Seun(m): 10:42am On Dec 29, 2016 |
We knew about Buhariconomics but voted for him anyway. Now we're bleeped. 5 Likes 3 Shares |
Re: Government Raises Import Duties On Consumable, Luxury Goods by Saintp(m): 10:58am On Dec 29, 2016 |
You cannot spur local production without tackling the root cause of lack of production in this country. The cost of producing a pin in Nigeria is 10 times that of China and that is why import is favorable for the masses at the moment. The govt should first of all solve the power problem. You don't expect companies to produce using diesel and prices of local goods not be expensive. The key to unlock our local production capacity is solving our power problems and rail transport system and not this stupid tariff increases, it will only increase hardship to Nigerians. 5 Likes 2 Shares |
Re: Government Raises Import Duties On Consumable, Luxury Goods by Rainmaker69(m): 11:04am On Dec 29, 2016 |
Sunnycliff: This is a great suggestion. If this government is sincere about wealth redistribution, they should start by levying a property tax on unoccupied property and undeveloped land. The amount doesn't have to be sooo much because the revenue base is very high. |
Re: Government Raises Import Duties On Consumable, Luxury Goods by Nobody: 11:05am On Dec 29, 2016 |
Nma27:...and SUGARCANE 1 Like |
Re: Government Raises Import Duties On Consumable, Luxury Goods by NairaMaster1(m): 11:07am On Dec 29, 2016 |
In other words it's GEJ that increase it not PMB. Ok, it's GEJ that alse chase BH from sambisa. To slap this old people's party de hungry me 1 Like |
Re: Government Raises Import Duties On Consumable, Luxury Goods by Slimpotter(m): 11:07am On Dec 29, 2016 |
repogirl:What factors eh? out of hatred for dis man u guys would always luk for tiny pockets of fault in everything 2 Likes |
Re: Government Raises Import Duties On Consumable, Luxury Goods by crisycent: 11:08am On Dec 29, 2016 |
OlaSpeaker: Men dey reason better thing u open your smelling ijebu mouth dey talk. Thunder fire your generation. |
Re: Government Raises Import Duties On Consumable, Luxury Goods by Nobody: 11:16am On Dec 29, 2016 |
Oktoberfest:Yea |
Re: Government Raises Import Duties On Consumable, Luxury Goods by drehdinho(m): 11:17am On Dec 29, 2016 |
Sunnycliff:Even if the tax of the mansions is raised ,the benefit is still going back to the same owners of the mansions. They are everywhere. They are the ones in the helm of affairs of this nation. The truth is you can't rid them with tax, but it's only revolution that can. |
Re: Government Raises Import Duties On Consumable, Luxury Goods by vivaciousvivi(f): 11:19am On Dec 29, 2016 |
Nma27:There are imported salt brands like Mortons. |
Re: Government Raises Import Duties On Consumable, Luxury Goods by Okeyson4wisdom(m): 11:19am On Dec 29, 2016 |
okochaik:what is this one saying sef |
Re: Government Raises Import Duties On Consumable, Luxury Goods by Okeyson4wisdom(m): 11:21am On Dec 29, 2016 |
okochaik:what is this one saying sef na you plant the companies that will surface. |
Re: Government Raises Import Duties On Consumable, Luxury Goods by Sunnycliff(m): 11:21am On Dec 29, 2016 |
drehdinho: Are you ready for a revolution? |
Re: Government Raises Import Duties On Consumable, Luxury Goods by engrchykae(m): 11:27am On Dec 29, 2016 |
we need revolution.if not there is more of these anti-people policies coming our way but unfortunately we are like sheep being killed one by one. |
Re: Government Raises Import Duties On Consumable, Luxury Goods by drehdinho(m): 11:27am On Dec 29, 2016 |
Saintp: Powerful analysis you have got there. It's so true. But is it that none of the president advisers can think this way, or even the so called president. Why do we have all incompetent elements as our leaders for God sake! This country is in a mess. 1 Like |
Re: Government Raises Import Duties On Consumable, Luxury Goods by Teel012(m): 11:29am On Dec 29, 2016 |
Naijiriya!! If this is to be done, the common man is the most important, tariffs on luxury products should be raised first, and then instead of buying luxury items outrightly, rich people will invest in the country, when they start doing that, and d common man is more stable u increase tariff on other products on a scale of importance to the common man. taxes should be paid on cars worth over 5 million, residential houses worth over 15 million should be taxed, and the country will gradually stabilise, not this policy aimed at totally crushing the common man. like if u agree. |
Re: Government Raises Import Duties On Consumable, Luxury Goods by UncleJudax(m): 11:29am On Dec 29, 2016 |
Sunnycliff: |
Re: Government Raises Import Duties On Consumable, Luxury Goods by drehdinho(m): 11:30am On Dec 29, 2016 |
Sunnycliff:You should ask yourself that question first. And if you can't really say or describe how revolution experience feels, I suggest you go read histories of countries that underwent revolutions. You have all the resources over the internet. Okay. Because I don't seem to have a grasp of the reason behind what seem to me like a foolish and rhetorical question you just asked .! No hard feelings, just saying my mind too |
Re: Government Raises Import Duties On Consumable, Luxury Goods by repogirl(f): 11:31am On Dec 29, 2016 |
Slimpotter:what hatred? Haven't almost all their policies backfired? That they had to reverse many of them? We guys are only stating what we have seen so far. 1 Like |
Re: Government Raises Import Duties On Consumable, Luxury Goods by Slimpotter(m): 11:37am On Dec 29, 2016 |
repogirl:Can u tel me which policies have backfired. By stopping importation of rice? or by encouraging TSA,tell me wic of dem |
Re: Government Raises Import Duties On Consumable, Luxury Goods by obiageIi(f): 11:43am On Dec 29, 2016 |
repogirl:What factors Madame? 1 Like |
Re: Government Raises Import Duties On Consumable, Luxury Goods by Sunnycliff(m): 11:46am On Dec 29, 2016 |
drehdinho: No hard feelings at all. We are on the same page and I want to tell you that the revolution have already started. We have laid the foundation. Can I pm you to tell you more about the revolution that's already in the offing? We have gone beyond online rantings and indiscriminate protests that has no ideology, background, mission and vision to achieve. |
Re: Government Raises Import Duties On Consumable, Luxury Goods by tiwiex(m): 11:47am On Dec 29, 2016 |
Atiku2019: That was when I lost interest in the news. They start by saying it is GEJs decision. Are they not tired of the past? |
Re: Government Raises Import Duties On Consumable, Luxury Goods by tiwiex(m): 11:49am On Dec 29, 2016 |
obiageIi: During a recession, u do everything to boost spending. All these increase don't boost spending. It worsens d situation. 1 Like |
Re: Government Raises Import Duties On Consumable, Luxury Goods by dabossman(m): 11:53am On Dec 29, 2016 |
repogirl: NOI held off because a policy like this in an election year would not be palatable to the voting masses. You should go to Youtube and hear her talk about what needs to be done by govt, irrespective of who wins the elections of 2015, to shore up the revenue losses from crude oil. A new tax regime was key on her agenda. NOI took a political decision, not an economic one. Plus, government is a continuum. 1 Like |
Re: Government Raises Import Duties On Consumable, Luxury Goods by Nobody: 12:01pm On Dec 29, 2016 |
So, this is war on the upper class, right ? If my fantasy is yatch and supercars, I will fire most of my staff and save their salaries to cover the difference in taxes as a pay back to this poverty-manufacturing government. So govt will have to contend with their poverty or the impending rise in crime rate. Why would a goverrnment focus on impoverishing the citizens ? Is it a crime to be rich or to desire luxury products produced by real countries and not some failed sub-saharan oil dependent tribal contraption ? 1 Like |
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