Okoroawusa:

"...cost of revenue collection by Revenue Agencies and allocation to North-East Development Commission (NEDC) was ₦160.408 billion.”

why merging them together?

Ok

Rayd502:


https://www.google.com/amp/s/thenationonlineng.net/faac-shares-%25E2%2582%25A6780-926bn-for-march-2020/amp/

What is that figure am seeing for north east development commission?

Buhari !Buhari! hmmm i say this can some one tell me why north east and west are taking lion share in the allocation?
when we have north central vandalized by fullani and the south south who are the oil producing companies
I want to advice north east and west one one thing that they don`t know
NO CONDITION IS PERMANENT THEY WILL NOT CONTINUE AS PRESIDENT
and they should not complain when another person is there and continue with this legacy

joyandfaith:


why merging them together?

I don't have answer to that one

Ok

DonFreshmoney:
Wait first, just hold on. Are they telling me that NEDC receives more money than oil producing states. I don't understand the PASSAGE

Guy you go school, read again carefully.

IlovePMB:
Uzodimma Hope has not paid March salary and pension. Is it April he would pay. Nigeria is cursed.

Hope Uzodimma chooses who he pays,he has paid some people though .

mrvitalis:
How can north east development commission receive 160bn. . This is outrageous and completely insensitive ....

Infact all southerners in APC are fools
All southern leaders have failed completely

Complete and absolute fools. Without a modicum of intellect

Share share country.
Everything is share. No meaningful development.

lala45:
Hope Uzodimma chooses who he pays,he has paid some people though .

Who please.

DirtyGold:

That's because oil is sold in 3 months arrears.
What is being shared now was what was sold 3 months ago

Starting from when oil prices crashed to around $20, count 3 months (june - july) and we would have very little to share except emergency loans are procured. That is when the real economic impact of covid19 will register on the land.

Please enlighten me, where did you get this 3 months arrears information from?

Bigleaf1006:


How about those not in government employment?

Maybe salary cut or no salary.

Okoroawusa:

I don't have answer to that one

I have the answer.
it is simply to deceive people so that when questions are raised,some will start defending and abusing others as is already happening on his thread.
if not for mischief,why will the two ne lumped together.
As my dad used to say,there is nobody that is doing something wrong that doesn't know that what he is doing is wrong.

DEADALIVE:
Little did i wonder why some people whole heartedly said we dont pay tax in Nigeria...
With this report it shows clearly reasonable working individuals pay tax directly or indirectly....

When you are not informed you are deformed and when you are deform you will not be able to conform with society hence to peform becomes difficult.

Nigeria's tax penetration is low, under 30% I think but that's because there are mostly no good jobs around and artisans are barely surviving.

www.nairaland.com/attachments/11409825_4252037_png18c803b594aa7d6b050372a6abeee460

Glink2018:


I'm surprised that you are just observing the intrigue of the northerners in government...
By the time this people are done with us, we will never recover from it....it is a clique and it is working according to their scripts.
Crude oil is what is still holding Nigeria together. Not love

Oga the N160b is the figure covering cost of revenue generation(FIRS, NCS, NNPC, DPR AND etc) and NEDC.

This report is poorly written with conflicting figures and intent to deceive.

Imo Gov is finding it difficult to pay salaries.

Hope, biko kwuo ndi oru ugwo.

Christonjnr:
After this month Nigerians should get ready for zero allocation.
remember PMB released 150 million dollars to add syrup that.
next month will be disasterIours

Better pray otherwise woh, as this would also hit us hard, even if na handout u dey get from relatives, e go reduce or stop completely. Even us way dey business hope things won't get bad, cause it will significantly affect revenue, workers are the main source of income to firms or businesses. If they don't get paid, we don't make as much money as usual.

Becareful what you wish for

really, its nice

DonFreshmoney:
Wait first, just hold on. Are they telling me that NEDC receives more money than oil producing states. I don't understand the PASSAGE

smart bunch of thieves, that's why they always merged the NEDC allocations with that of the cost of revenue collection by various agencies when reporting it as if they have any Nexus.

At least good one from the government

Zendinho:
Dancing Awilo Logumba....Skelewa...Shoki....Alanta....

Salary for April sure....

But come o where them take see money come share am pass Feb with the dropping oil prices....

February with oil boom: 600billion+
March without oil 700billion+

Am not understanding.

According to Fayemi,this present oil predicament will have effect after three months,he said,this coming June allocations can be zero, so everybody should have it in mind.

exactly why Nigeria can never progress, we say we practice capitalism, but every month share this share that....I don't care ur socio-cultural and socio-political affiliations, but if we continue like this, we can never move ahead...u can't be doing same thing and expect a different results...some regions have used this to fleece Nigeria and be reaping where they did not sow....FYI oil prices are falling, the chicken has come home to roost

RichDad1:

It’s for both revenue collection agencies and the NEDC.
The NEDC annual budget is less than #50 Billion.

and if they report it separately buhari will beat them?

Oil boom in Feb? Do you know the meaning of oil boom?

Zendinho:
Dancing Awilo Logumba....Skelewa...Shoki....Alanta....

Salary for April sure....

But come o where them take see money come share am pass Feb with the dropping oil prices....

February with oil boom: 600billion+
March without oil 700billion+

Am not understanding.

Chai this is coronavirus relief fund, the better manage the money well before naija run bankrupt o

That's great....I love the analysis

That's because oil is sold in 3 months arrears.
What is being shared now was what was sold 3 months ago

Starting from when oil prices crashed to around $20, count 3 months (june - july) and we would have very little to share except emergency loans are procured. That is when the real economic impact of covid19 will register on the land.

Private firms are already not paying salaries and by then, even federal and state governments wont be able to pay if they don't get quick loans or assess our foreign reserve.

Brace up guys because oil prices won't/can't rebound overnight!

What's tha business? [/quote]

manmade:
smart bunch of thieves, that's why they always merged the NEDC allocations with that of the cost of collection by various agencies as if it has any Nexus.

These northerners thought they are wise just because their son is at the helms of affairs.


Imaging their useless trick,merger cost of revenue collections with that of NEDC.



The issues of Bokoharam was intentionally created by those fools just to collect money just like 13% oil derivation. But thank God,BH nearly consumed them all.

My worry is just that of my in-law and other southerners in the battlefield fight the monster created by them.