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You Can’t Increase VAT, Tinubu Tells FG - Politics - Nairaland

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You Can’t Increase VAT, Tinubu Tells FG by chidima2019: 3:18pm On Mar 28
The National Leader of the All Progressives Congress, Bola Tinubu, on Thursday urged the Federal Government not to increase the Value Added Tax.

He said an increase in VAT will reduce the spending capacity of the people and might increase hardship.

He urged the Federal Government to rather consider increasing the tax net.

He spoke on Thursday during the 11th Bola Tinubu Colloquium marking his 67th birthday, at the International Conference Centre, Abuja.

It may be recalled that, sequel to the approval of N30,000 as minimum wage by the National Assembly, the Minister of Budget and National Planning, Senator Udo Udoma; and the Chairman of the Federal Inland Revenue Service, Mr. Babatunde Fowler, had said the Federal Government was considering an upward review of the Value Added Tax by 50 per cent.

Udoma and Fowler who stated this on Tuesday when they appeared before the Senate Committee on Finance, said the increment was to, among others, enable the Federal Government to fund the new national minimum wage.

Fowler said the proposed payable VAT by Nigerians based on the increment would actually be between 35 per cent (6.75%) and 50 per cent (7.25%).

The government is currently charging five per cent VAT on all products in the country.

https://www.akelicious.net/2019/03/you-cant-increase-vat-tinubu-tells-fg.html

7 Likes 2 Shares

Re: You Can’t Increase VAT, Tinubu Tells FG by Imortal001(m): 3:21pm On Mar 28
Thats how a national leader should ball; people's interest over party politics.
Long live the jagaban of burgu land!

150 Likes 10 Shares

Re: You Can’t Increase VAT, Tinubu Tells FG by seanblaise(m): 3:28pm On Mar 28
The way the federal government perform increment is alarming. Fuel went from #75 to #145, now they are planing on increasing VAT by 50%, and the minimum wage they recently approved is nothing to write home about. NEXT LEVEL!!!!!

42 Likes 3 Shares

Re: You Can’t Increase VAT, Tinubu Tells FG by freemanbubble: 3:36pm On Mar 28
Imortal001:
Thats how a national leader should ball; people's interest over party politics.
Long live the jagaban of burgu land!

Tinubu wings that will soon be clipped.

I have this strong feelings that el rufai will rule us

17 Likes 3 Shares

Re: You Can’t Increase VAT, Tinubu Tells FG by potent5(m): 3:37pm On Mar 28
Tinubu means the opposite of his statement. When this will mean more bullion vans?

Is it not Fowler, his errand boy , that initiated the idea?

22 Likes 4 Shares

Re: You Can’t Increase VAT, Tinubu Tells FG by kyenfinok: 3:37pm On Mar 28
tongue
Re: You Can’t Increase VAT, Tinubu Tells FG by siralos135: 3:37pm On Mar 28
D
Re: You Can’t Increase VAT, Tinubu Tells FG by qualityovenbake(m): 3:37pm On Mar 28
Haha! Words and Opposite.

3 Likes

Re: You Can’t Increase VAT, Tinubu Tells FG by yomalex(m): 3:37pm On Mar 28
Okay

1 Like

Re: You Can’t Increase VAT, Tinubu Tells FG by Kendumazy(m): 3:37pm On Mar 28
The grandmaster has spoken! Case closed!

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3 Likes

Re: You Can’t Increase VAT, Tinubu Tells FG by nodullin(m): 3:37pm On Mar 28
But u can increase lekki toll for no reason.... mcheeeeeww

39 Likes 3 Shares

Re: You Can’t Increase VAT, Tinubu Tells FG by rhymesnoni(m): 3:37pm On Mar 28
Jagaban General has spoken

5 Likes 1 Share

Re: You Can’t Increase VAT, Tinubu Tells FG by lilfreezy: 3:37pm On Mar 28
A sound intellectual has given this one expo on how to sound smart. But instead of him to meet his boy osinbade or Buhari and advice them on the matter, he wants the whole Nigeria to hear him advice them publicly grin grin

Sense wee not kee you there grin

14 Likes 1 Share

Re: You Can’t Increase VAT, Tinubu Tells FG by eleojo23: 3:37pm On Mar 28
Talking as if he cares about the masses...

18 Likes 2 Shares

Re: You Can’t Increase VAT, Tinubu Tells FG by IjebuWarrior: 3:38pm On Mar 28
Chai! angry You're going to the media to pretend like you're fighting for the public masses... It's either.... A strategic propaganda to build a platform for his own future Presidential ambition OR PMB is beginning to show his 'military' prowess.

Just imagine how this Fool is playing politics... Ignorant, innocent yet, foolish Nigerians would think this Fool is speaking on their behalf. The same dude that has his wife as a law-maker. Who else make such law other than your wife and your president?

Who's in control on the FG? APC! So, why couldn't you guys have discussed behind closed doors as, it's within your powers as the ruling party.

Of course Foolish Nigerians would hail him like he has their interest. FAKE!!! angry

25 Likes 3 Shares

Re: You Can’t Increase VAT, Tinubu Tells FG by holuwasheyiWGP(m): 3:38pm On Mar 28
Like say VAT fit affect am...All these crazy politians act like they care about the masses but when they were embezzling public funds those bastards don't remember the masses

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Re: You Can’t Increase VAT, Tinubu Tells FG by AkupeMBANO(m): 3:38pm On Mar 28
some persons has to understand that the moment elections are over, they are no longer relevant.

8 Likes

Re: You Can’t Increase VAT, Tinubu Tells FG by iswallker(m): 3:39pm On Mar 28
but who put Babatunde Fowler, the Lagos boy, in that position...

6 Likes 1 Share

Re: You Can’t Increase VAT, Tinubu Tells FG by dukie25: 3:39pm On Mar 28
Who is Tinubu?

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Re: You Can’t Increase VAT, Tinubu Tells FG by Nobody: 3:39pm On Mar 28
Imortal001:
Thats how a national leader should ball; people's interest over party politics

Fortunately, it is my first time seeing and hearing Tinubu advocate for the common masses.

Maybe there is a political plan behind his call. I dunno.

3 Likes 1 Share

Re: You Can’t Increase VAT, Tinubu Tells FG by GlorifiedTunde(m): 3:39pm On Mar 28
Tell them ooo

1 Like

Re: You Can’t Increase VAT, Tinubu Tells FG by noisy45(m): 3:39pm On Mar 28
Who is he to advise the FG you have no political office and you are busy spewing rubbish

1 Like

Re: You Can’t Increase VAT, Tinubu Tells FG by Biglittlelois(f): 3:39pm On Mar 28
You have been used and dumped Tinubu, your words don't count anymore, you are heading back to oblivion.

10 Likes

Re: You Can’t Increase VAT, Tinubu Tells FG by OmoManU: 3:39pm On Mar 28
The jagaban of the poor suffering masses

3 Likes

Re: You Can’t Increase VAT, Tinubu Tells FG by SyrusdeHansome(m): 3:39pm On Mar 28
This old fool is only after himself nd his family. He knows that VAT increment will negatively affect his business that's y he's against it. U won't see him condemn any policy that affects the masses. Bloody hypocrite!

5 Likes

Re: You Can’t Increase VAT, Tinubu Tells FG by lastempero: 3:39pm On Mar 28
I thought you where consulted lipsrsealed

1 Like

Re: You Can’t Increase VAT, Tinubu Tells FG by OBAGADAFFI: 3:41pm On Mar 28
He spoke as Politician.

1 Like

Re: You Can’t Increase VAT, Tinubu Tells FG by Oyindidi(f): 3:41pm On Mar 28
Welcome to next levu!

1 Like

Re: You Can’t Increase VAT, Tinubu Tells FG by wunmi590(m): 3:41pm On Mar 28
Camouflage

4 Likes

Re: You Can’t Increase VAT, Tinubu Tells FG by SarkinYarki: 3:41pm On Mar 28
what's is your business

1 Like

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