More oil well have been discovered by SHELL SPDC in lkot Otu and Ikot Itor community of Oruk Anam Local Government,Akwa Ibom.

See photos of the oil well below

cc; Lalasticlala, mynd44

Source: http://www.trezzyhelm.com/2019/11/shell-discover-more-oil-well-in-ikot.html?m=1

This is the only thing keeping nigeria one

You mean it was abandoned?

I think this oil wells has been drilled in the olden days. The well looks old. Akwa ibom is a state of oil wells. So so abundant .

Buhari will use another means and relocate it to daura.

Please help us show the groundnut oil well found in the north, or is that one an audio oil well?

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If no be oil wey hold this country small, where we for dey

The north will do everything/anything to keep Nigeria one because they know what would happen if the South are cutoff from them,

Without oil money -
Imagine where they will get the billions to fight and defend themselves against bokoharam the Islamics terrorist

This is Real Oil not the invisible oil We hear about in the north...

mrvitalis:
This is the only thing keeping nigeria one

And some people here on nairaland are claiming that Nigeria is poor because we don't pay taxes.

With all these oil wells we're still the poverty capital of the world and some people say our problem is not paying tax!!

stonemasonn:
And some people here on nairaland are claiming that Nigeria is poor because we don't pay taxes.

With all these oil wells we're still the poverty capital of the world and some people say our problem is not paying tax!!

The oil money is nothing when divided by 180 million people ...u have 36 children and u earn 750k a month ....

750k is a good salary but for u its nothing

mrvitalis:

The oil money is nothing when divided by 180 million people ...u have 36 children and u earn 750k a month ....

750k is a good salary but for u its nothing

oil money is nothing??

So how much tax is something? Please give me an estimate of the expected revenue from tax that'll service 180 million people.

stonemasonn:
oil money is nothing??

So how much tax is something? Please give me an estimate of the expected revenue from tax that'll service 180 million people.

Am average Nigerian need to pay like 150k tax a year ...that would come out to be 27 trillion ...instead of the 3.5 trillion we make now ...plus customs n oil 30 trillion is sure ...federal takes

15 trillion ...pays civil servants 3 trillion ...we have 11 trillion ..2 trillion to pay debt servicing

We have 10 trillion for capital projects ...in 10 years 100 trillion this would fix all our infrastructural problems , educational problems

By just paying less than 15k per month

Taxing is cheaper in the long run if u look at it

mrvitalis:

Am average Nigerian need to pay like 150k tax a year ...that would come out to be 27 trillion ...instead of the 3.5 trillion we make now ...plus customs n oil 30 trillion is sure ...federal takes

15 trillion ...pays civil servants 3 trillion ...we have 11 trillion ..2 trillion to pay debt servicing

We have 10 trillion for capital projects ...in 10 years 100 trillion this would fix all our infrastructural problems , educational problems

By just paying less than 15k per month

Taxing is cheaper in the long run if u look at it

lol, an average Nigerian have to earn 100K a month to pay 12500 as tax, hahahaha...brotherly.

Ok let's say you'll depend on businesses to make up for the shortfall, how many business opportunities are we creating and are making profit right now?

stonemasonn:
lol, an average Nigerian have to earn 100K a month to pay 12500 as tax, hahahaha...brotherly.

Ok let's say you'll depend on businesses to make up for the shortfall, how many business opportunities are we creating and are making profit right now?

Do u know what's average ? What's nigeria GDP/capital ?

If you make 50k and can't pay 15k for your future and that of your kids you are not serious

That's is meant to affect the rich more ...if I make 50 million I pay 15 million that covers for over 100,000 poor Nigerians ,they get same benefits I get ...that's how tax is used to distribute wealth

mrvitalis:

Am average Nigerian need to pay like 150k tax a year ...that would come out to be 27 trillion ...instead of the 3.5 trillion we make now ...plus customs n oil 30 trillion is sure ...federal takes

15 trillion ...pays civil servants 3 trillion ...we have 11 trillion ..2 trillion to pay debt servicing

We have 10 trillion for capital projects ...in 10 years 100 trillion this would fix all our infrastructural problems , educational problems

By just paying less than 15k per month

Taxing is cheaper in the long run if u look at it

where are the jobs to pay tax?..the number of jobless graduates are more than working class....

babyfaceafrica:
where are the jobs to pay tax?..the number of jobless graduates are more than working class....

The ones working would pay the tax then ...I wonder why a poor man is afraid of tax ...our GDP per capital is over 700,000k the people who made it this high would balance the people who earn below it


Taxing Favor's the poor , at the end of the day the upper 20% would pay over 80% of the tax

But in. Nigeria fear and ignorance makes the poor reject tax

mrvitalis:

The ones working would pay the tax then ...I wonder why a poor man is afraid of tax ...our GDP per capital is over 700,000k the people who made it this high would balance the people who earn below it


Taxing Favor's the poor , at the end of the day the upper 20% would pay over 80% of the tax

But in. Nigeria fear and ignorance makes the poor reject tax

the tax they have collected so far,what have they done with it?..half jobs all over the country..tax payers money to rig elections,to pay for president medicals in Germany and UK ,to buy yusuffs powerbike...Nigerians don't trust their leaders with tax

babyfaceafrica:
the tax they have collected so far,what have they done with it?..half jobs all over the country..tax payers money to rig elections,to pay for president medicals in Germany and UK ,to buy yusuffs powerbike...Nigerians don't trust their leaders with tax

Thats collected can't even pay civil servants in a month ....so without oil we can't survive ?

We pay 100bn a month in tax that's nothing na ,wage bill is around 200bn a month

The truth we need to tax at least 25% of our GDP if we are to make progress ...right now its around 6%

How much tax did u pay last month ...I paid zero naira

Na so dem dey discover oil?