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Nairaland Forum / Nairaland / General / Politics / Highlights Of The Lagos State VAT Bill (19124 Views)
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Highlights Of The Lagos State VAT Bill by BrandSpurNG: 11:45am On Sep 09, 2021 |
Earlier this week, a bill seeking to empower the Lagos state government to collect value-added tax (VAT) passed the first and second reading at the state house of assembly. https://brandspurng.com/2021/09/09/highlights-of-the-lagos-state-vat-bill/ 9 Likes
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Re: Highlights Of The Lagos State VAT Bill by Omicron007: 1:19pm On Sep 09, 2021 |
I dedicate this FTC to all the Southerners who have been feeding the North via our VAT money. The time has come where we say NO to this unending oppression. Wike and Sanwo-Olu have drawn the line. I pray other Southern Governors follow suit. I wonder how a state that generates less than 10 billion anually be receiving Federal allocation of 100 billion. Anyways, I heard that lifeless vegetable is in Owerri to see the Supreme Court Administrator, Hopeless Uzodimgba. 69 Likes 2 Shares |
Re: Highlights Of The Lagos State VAT Bill by mattbass(m): 1:20pm On Sep 09, 2021 |
Nice one and great move 2 Likes |
Re: Highlights Of The Lagos State VAT Bill by Princeton92(m): 1:20pm On Sep 09, 2021 |
E for make sense wella for the Southern States to join head activate this VAT bill once and for all sha... Northerners just want to own everything 11 Likes |
Re: Highlights Of The Lagos State VAT Bill by deepwater(f): 1:20pm On Sep 09, 2021 |
Lol |
Re: Highlights Of The Lagos State VAT Bill by Xscape047: 1:20pm On Sep 09, 2021 |
Good money |
Re: Highlights Of The Lagos State VAT Bill by Stanchez(m): 1:20pm On Sep 09, 2021 |
Okay we are watching 1 Like 1 Share |
Re: Highlights Of The Lagos State VAT Bill by forinclay: 1:20pm On Sep 09, 2021 |
A step in the right direction. Eat what you produce � 13 Likes |
Re: Highlights Of The Lagos State VAT Bill by DiegoNakel(m): 1:20pm On Sep 09, 2021 |
Lagos itself is a country 7 Likes |
Re: Highlights Of The Lagos State VAT Bill by EmperorTolson: 1:20pm On Sep 09, 2021 |
Nice development. I pray they succeed 2 Likes |
Re: Highlights Of The Lagos State VAT Bill by mbahdi(m): 1:21pm On Sep 09, 2021 |
Na una business as if it will add any value to d life's of d citizen's 2 Likes |
Re: Highlights Of The Lagos State VAT Bill by RPirez: 1:21pm On Sep 09, 2021 |
I wish this horse fit rape all 9ja Politicians! 3 Likes
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Re: Highlights Of The Lagos State VAT Bill by 96ACE: 1:21pm On Sep 09, 2021 |
I love this VAT war, everybody must wise up 4 nalja 4 Likes |
Re: Highlights Of The Lagos State VAT Bill by Weedhustler: 1:21pm On Sep 09, 2021 |
Let every state use whatever they generate....some those mallam destroying beer n alcohol should not benefit from it....they should get their vat from Sharia court rullings! 20 Likes 2 Shares |
Re: Highlights Of The Lagos State VAT Bill by szczescie(m): 1:21pm On Sep 09, 2021 |
Rivers STATE don give Lagos state morale For that alone Lagos state suppose to remit 10% of that VAT to Rivers state as Thank you. 39 Likes |
Re: Highlights Of The Lagos State VAT Bill by valdes00(m): 1:21pm On Sep 09, 2021 |
Wike don ginger Lagos... 3 Likes |
Re: Highlights Of The Lagos State VAT Bill by Nobody: 1:21pm On Sep 09, 2021 |
Absolutely |
Re: Highlights Of The Lagos State VAT Bill by Thinktwicemybro: 1:22pm On Sep 09, 2021 |
Even though am not a fan of sanwolu because of the frog eye, I want to commend him for this action. How can VAT generated from goods produced in Lagos be used to feed people in the north when the same north is destroying the goods? You produce beer in Lagos then send to your target market in the north but they destroy it! Yet they want you to give them part of the money those companies pay as tax while they Blocked market for those companies, is that reasonable? Alcohol is a choice, they did not force Muslims to drink it. While we suffer gas flearing and pollution in the south, the parasites up north want to share from the VAT paid by those companies! If the north can no longer sustain itself they should break away and sell their sovereignty to Afghanistan. One Nigeria nor be force. 46 Likes 1 Share
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Re: Highlights Of The Lagos State VAT Bill by revived: 1:22pm On Sep 09, 2021 |
Good |
Re: Highlights Of The Lagos State VAT Bill by RichDad1(m): 1:22pm On Sep 09, 2021 |
Nice development. The north can continue scheming to retain the Presidency, we will hit them where it matter most. Southwest and Rives State are the biggest winners here. Let me see them rushing and crawling to Tinubu for help 9 Likes |
Re: Highlights Of The Lagos State VAT Bill by Goahead(m): 1:22pm On Sep 09, 2021 |
Way to go, take off the feeding bottle from those parasites. 4 Likes |
Re: Highlights Of The Lagos State VAT Bill by winterfell007(m): 1:22pm On Sep 09, 2021 |
I understand completely the injustice being suffered by both Lagos River state on this issue of VAT, but it's about time we look into the issue dispassionately without sentiments. Let's face it, we know the north has no capacity to generate VAT whatsoever so too are so several states in the south. Except for some few exceptional state like Ogun, Oyo, Anambra, Delta and probably Enugu(Enugu still in doubt) other southern state lack the capacity to collect VAT due to near zero commercial activity happening within the localities. It's true VAT lies with concurrent list. Any FIRS lacks the legality to compel companies to pay VAT to them. But let's give it a human face. The reason VAT is being taken and shared among the 36 states of the federation is to help those state with less commercial activity to improve on their infrastructure and keep agencies of government functional, Yes the sharing formula for the VAT was highly lopsided no thanks to stupid mentality of some people up north that believes they're more equal than others. Wike is right to challenge the injustice but he should tread with caution. He must have an open mind and be willing to renegotiate the sharing formula in such a way that it brings some sense of balance and fairness. This I'm sure of every southern states will be willing to support. It's just my advice. It's open to further suggestions 7 Likes 1 Share |
Re: Highlights Of The Lagos State VAT Bill by Terezu: 1:23pm On Sep 09, 2021 |
Re: Highlights Of The Lagos State VAT Bill by Philipmems(m): 1:23pm On Sep 09, 2021 |
No time to waste, Lagos state practically provides for the whole country and can't boast of the being the capital of Nigeria when they are the life hub of the country. Our mumu don do, we cannot continue to suffer in penury while leeches feast. 18 Likes |
Re: Highlights Of The Lagos State VAT Bill by Loanplug01: 1:23pm On Sep 09, 2021 |
Applaudable! State government should grow their states. 1 Like 1 Share |
Re: Highlights Of The Lagos State VAT Bill by THMT: 1:24pm On Sep 09, 2021 |
This is highly commendable. Hope other southern states make same move. 2 Likes |
Re: Highlights Of The Lagos State VAT Bill by phantom(m): 1:24pm On Sep 09, 2021 |
Probably the best life changing action in this Nation in recent times. For those of us screaming restructuring, this is a masterstroke! 9 Likes |
Re: Highlights Of The Lagos State VAT Bill by tolexy007(m): 1:24pm On Sep 09, 2021 |
1 Like |
Re: Highlights Of The Lagos State VAT Bill by Leerys54: 1:25pm On Sep 09, 2021 |
szczescie:Lol They set the pace 3 Likes |
Re: Highlights Of The Lagos State VAT Bill by just2endowed: 1:25pm On Sep 09, 2021 |
lagos state VAT: 6% FG VAT: 7.5% na waoh..........u pay less VAT with Lagos state. 12 Likes |
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