grandstar:
There's no option but to increase VAT. The alternative is to resort to borrowing, which is already getting out of hsnd

ednut1:
Vat in ghana is 12.5 % . Benin 18%. Why we con dey cry

fairfora:
Story. There's no way this move wouldn't have a multiplier effect. The idea of bringing back the toll gate to raise revenue is much better because road users need to also show a sense of belonging. You can imagine the likes of God is Good Motors, Dangote Trucks, Peace Transport, GUO etc with thousands of their vehicles plying Nigerian roads daily for free...their daily toll would be in millions of naira. I understand they pay taxes to the fed and respective state govts as registered companies, they also pay staff salary. In same vein, I pay all these Bills too and if I can bay a toll, they should do the same, likewisebevery other individual. But the levy should be moderately charged. Vat would shoot up unemployment and inflation, directly or indirectly. If our govt was sincere enough, they should have taxed the rich the more and not the poor they're meant to defend. Yeye govt in power.

ednut1:
Vat in ghana is 12.5 % . Benin 18%. Why we con dey cry

seunmsg:
Nigerians want government to pay N30k minimum wage without increasing taxes. How possible? Where will State government get the money to pay? Federal government is just taking the lashes for the proposed VAT increase on behalf of state government. 85% of VAT goes to the state while FG retains an insignificant 15%. FG is pursuing the policy to help state whether the minimum wage storm that will soon hit them from next year. Without that VAT increase, state governments cannot meet up with their basic obligations.

naijadrivablog:
Is Naira and CEDI the same Fact check: 67.15 Nigerian Naira = 1 Ghanaian Cedi

Is the Economies and % of poor masses the same

Can your passport go visa free to most countries

Is their politicians as clueless as ours?

Imagine earning 15,000 Naira and paying a light bill of 5,000 where you live(If that is even a good analogy)/

Naija matter tire person...

Enyimbamercedes:


VAT is not a tax on revenue; it is a tax on consumption. Income tax is a tax on revenue....

crazygod:

So what about private sector? Do u think some private sector can afford the minimum wage?
See what is happening is what is I rat race or better yet, a dog chasing its tail. Everything will eventually increase in price, foodstuffs, transport and at the end of the day, we are back to where we started from or even worse.

Exc2000:




i hope before Online Dunce and Piglets start blaming Buhari they should read the part that states FG only retains only 15% of VAT while State retains 85%...

Now common sense would clearly show that States cant pay salaries with the new minimum wage structures and without the VAT many state civil servants would no get paid or loose salaries .... This one of Buhari's gift to the States and its workers

Useless waste of space called unpatriotic Nigerians want to enjoy basic amenities like Ghanians, SouthAfricans, US, UK, they want free roads, free health care, everyone want government job, or blue collar office jobs but when you ask them to pay tax or contributing towards national development they wail like imbecilees,

just like JfK said: Patriotism is not always about what your country can do for you, but what you can do for your country

and even if you take this freebies loving fools that wail in their own country to ghana , shoutafrica and countries with infrastructures, they still only want to leave off government benefits or constituite nuisance to the countries looking for free money
R

...

karo93:


Just so we are clear.... do you actually think any transporter will pay the toll gate fee Haba

The toll gate fee will be paid by the masses by increasing transport fare.

Do you think any sensible company will pay VAT? Haba....they will either increase the price of goods and services or sack workers.

The struggling masses will pay the vat and the toll gate fee.

The system is failing but it is wickedness for the poor masses to make the sacrifices that will support the extravagant lifestyle of the ruling class.

Vat, toll gate, removal of subsidy will all raise funds. But what are we suffering raising funds for? For our politicians to drive prado jeeps? For billions to be allocated to special advisers?

If all the monies used to buy jeeps for polical leaders from local government to federal level is put together wont it raise similar funds to VAT and toll gate?

The system is failing.Yes. But the politicians should make the sacrifices first instead of impoverishing the masses.

seunmsg:


Private companies would also find a way to adjust. Minimum wage cannot be increased by about 70% without consequences. Americans have been talking about increasing national minimum wage for some years now without any meaningful headway.

four4:
pls can u tell me just one basic amenities DT is working and functions well in your area
And again America as a country had provided there citizens well functioning basic amenities before America govt was asking her citizens to think of what you can do for America before what America can do for u but our own here provided us nothing and they ware asking us to think of what we can do for Nigeria before thing of what Nigeria can do for us

naijadrivablog:


Is Naira and CEDI the same Fact check: 67.15 Nigerian Naira = 1 Ghanaian Cedi

Is the Economies and % of poor masses the same

Can your passport go visa free to most countries

Is their politicians as clueless as ours?

Imagine earning 15,000 Naira and paying a light bill of 5,000 where you live(If that is even a good analogy)/

Naija matter tire person...