No better way to know the parasites and lazy Government...

This VAT issue will expose the incompetent governors all over the country. Yes, all states aren't equal. We all know that, but these governors were elected to bring creative ideas to correct it.

We're watching in 4k

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Let me expose the arna!!!

HOW THE SOUTHERN VAMPIRES SUCK THE NORTH DRY

Banks run over a dozen of financial facilities from loans to cash transfer. Each facility generates billions for the bank owners.
Northerners with a population of about 140 million do not own a single bank in Nigeria, except for some tiny community banks.
Daily, about 20 million Northerners do bank transfer through some of the big commercial banks that belong to Southerners and each one of them is now charged 20 naira.
20 × 20 million = 400 million. This is the amount Northerners give to Southerners daily on just a single type of bank transaction out of many.

In a month it means 4 billion × 29 = 116000000000 (116.billion). In a year it translates into 116000000000 × 12 = 1392000000000 (1.392 trillion).
1.392 trillion the north is giving to the south every year is enough to:
1- 2,784,000 low cost houses each year at unit cost of 5 million.
or
2- 1,392,000 village schools each year at unit cost of 10 million.
or
3- 13,920 small scale industries each year at unit cost of 100 million.
4- Give 50,000 Naira scholarship to 2,784,000 students yearly.

You can think of other projects the amount Northerners are wasting on the Southerners for a single bank facility called mobile transfer and do the maths.

Now come to think of it how much money move from the North to South for the entire banking services. It is estimated to be over 13 trillion which more than double the entire federal budgetary allocation given to the North.
That is just the banking sector. Similar humongous losses are registered in other sectors such as telecommunications, insurance, education, trade, etc This is not an issue for individuals or groups to tackle. It is a political economic issue calling for political decision and action. It is the core reason the North is economically backward. Northern poverty is a direct result, mainly, of lack control of financial and natural resource. Northerners must call for restructuring for direct control of trade, manufacturing and the service industry. Forget about the false Southern propaganda that Northerners are lazy. Millions of Northerner wake up at 4 am and work their bones tired to 8pm and beyond making very little. Their resources have been taken over and only political action can restore them.

The Southern Nigerians have taken political action to stop herders and Ruga project, they took political action to take over trade by demolishing markets owned by Northerners in the South, they took political action to stunt Northern transport business through officially encouraging violent taut action, they took poitical action to demoralized Northerners via massive media stereotype and false propaganda etc

This is the reason those Southern leeches exploiting the North as bankers, transporters, counterfeit goods traders, school owners, estate prospectors, contractors, kidnapping and terrorist sponsors do not wish to leave the North or have Nigeria broken up as oppose to their ignorant tribesmen agitating for break up. These leeches when they talk about restructuring, they mean more political concession and control is to be given to them to permanently dominate the economic life of Northerners

cocolacec:
Remaining IPOB governors.

no Governor from the south east will support the move

Steel company, you have to pass lokoja to get to most zones from the north ( so much promise in tourism) but as usual lazy leaders . Empty heads

Their choice

Lazy state

Anyone will oppose this move is enemy of progress

Them dey call states my kogi sef follow dey talk it's a pity we have the most unfortunate governor in Nigeria this is the same idiot that wanted to collect 10naira on every loaf of bread in the state.
Intellectuals are talking yeye bello sef dey open mouth smh

Some people are trying to set things right yet some idiots are dragging it back, as if the money collected by same kogi State have any meaningful use on the lives of her people, idiot yahaya and his group of drunkards are only taking this stand in order to gain favour from the north against 2023. God punish you all.

One by one they're coming out already yahaya Bello is number 3 on the line after maisari and one other dullard

IsabiTheWork:
This VAT issue will expose the incompetent governors all over the country. Yes, all states aren't equal. We all know that, but these governors were elected to bring creative ideas to correct it.

We're watching in 4k

What is this one saying.

Some people like one guy up there are beyond redemption.

See analysis. They should return your fees for logic taught in year one.

Pile of shit.
A nonsense post to say the least

I was expecting to read tangible points but as usual these Kogi guys do not disappoint when it comes to mindless thoughts devoid of concepts and useful information.

Give me one important reason why you would not collect VAT within your own domain and what he could only say is we were not created equal....

When he knew that, why has he not called his gate man to come and sleep inside his bedroom...

Abel7777:

http://www.signalng.com/governor-yahaya-bello-opposes-lagos-rivers-on-vat/

When serious minded states talk, this one will always brought his ignorance to bare.

I

Ibkhaleel001:
Let me expose the arna!!!

HOW THE SOUTHERN VAMPIRES SUCK THE NORTH DRY

Banks run over a dozen of financial facilities from loans to cash transfer. Each facility generates billions for the bank owners.
Northerners with a population of about 140 million do not own a single bank in Nigeria, except for some tiny community banks.
Daily, about 20 million Northerners do bank transfer through some of the big commercial banks that belong to Southerners and each one of them is now charged 20 naira.
20 × 20 million = 400 million. This is the amount Northerners give to Southerners daily on just a single type of bank transaction out of many.

In a month it means 4 billion × 29 = 116000000000 (116.billion). In a year it translates into 116000000000 × 12 = 1392000000000 (1.392 trillion).
1.392 trillion the north is giving to the south every year is enough to:
1- 2,784,000 low cost houses each year at unit cost of 5 million.
or
2- 1,392,000 village schools each year at unit cost of 10 million.
or
3- 13,920 small scale industries each year at unit cost of 100 million.
4- Give 50,000 Naira scholarship to 2,784,000 students yearly.

You can think of other projects the amount Northerners are wasting on the Southerners for a single bank facility called mobile transfer and do the maths.

Now come to think of it how much money move from the North to South for the entire banking services. It is estimated to be over 13 trillion which more than double the entire federal budgetary allocation given to the North.
That is just the banking sector. Similar humongous losses are registered in other sectors such as telecommunications, insurance, education, trade, etc This is not an issue for individuals or groups to tackle. It is a political economic issue calling for political decision and action. It is the core reason the North is economically backward. Northern poverty is a direct result, mainly, of lack control of financial and natural resource. Northerners must call for restructuring for direct control of trade, manufacturing and the service industry. Forget about the false Southern propaganda that Northerners are lazy. Millions of Northerner wake up at 4 am and work their bones tired to 8pm and beyond making very little. Their resources have been taken over and only political action can restore them.

The Southern Nigerians have taken political action to stop herders and Ruga project, they took political action to take over trade by demolishing markets owned by Northerners in the South, they took political action to stunt Northern transport business through officially encouraging violent taut action, they took poitical action to demoralized Northerners via massive media stereotype and false propaganda etc

This is the reason those Southern leeches exploiting the North as bankers, transporters, counterfeit goods traders, school owners, estate prospectors, contractors, kidnapping and terrorist sponsors do not wish to leave the North or have Nigeria broken up as oppose to their ignorant tribesmen agitating for break up. These leeches when they talk about restructuring, they mean more political concession and control is to be given to them to permanently dominate the economic life of Northerners

I have always said that its better some people keep quiet and let people think they are brainless, than to open their mouths and remove all doubt.
We are operating a FEDERAL system of govt. In a FEDERAL system of govt, the states are autonomous and revenue generated in a state belongs to that state. The practice of bringing all the revenue into a central account is what happens in a UNITARIY system of govt, like the UK. We have been operating a federal system wrong for many decades and that is why underdevelopment is rampant. Why would a Northern governor work hard to improve his states IGR, when he can just relax and get a share of the IGR raised in other states. its obscene.
Fiscal restructuring has arrived and there's nothing the North can do about it. If Kogi want to continue sharing their IGR with Kano, that is up to them. The rest of us will follow Lagos and Rivers.

Such foolish reasoning.

We are talking about equitable and constitutional distribution of resources, you are here saying all states are not created equal.

Who cursed Kogi with these kind of backward minded leaders?

Abel7777:

http://www.signalng.com/governor-yahaya-bello-opposes-lagos-rivers-on-vat/

Lol. One of the erstwhile beneficiaries of the VAT from the south. The era of freebies is over guy. Get to work

Mr. Kogi go and fix your state. Stop crying like a weak victim.

Senseless Governor, how u go follow states wey fit pay their bills support VAT issue? U wan go broke Lagos pay state workers for years under Tinubu when OBJ cut them off, and Lagos state never felt it, go against FG and see u soon on ur kneels crawling and crying to Abuja.

No more monkey dey work baboon dey chop

Gov Yahaha...don't stop crying man

When it comes to grabing political positions, the North forgets we are not all created equally and that everyone should be carried along.

Words of wisdom from Yahaya Bello...

Ibkhaleel001:
The sectors that will contribute most to the GDP and create the most jobs and wealth to the Nigerian economy in the next 20, 30, 50 and 100 years are manufacturing, agriculture/food processing, construction/real estate, financial services. Tech won't be in the top 60 to 70%.

I took my time to study the dynamics of our socio-economic construct. Tech will remain what it is. An enabler. Much of the legacy systems and platforms have already been built. The United States leads the pack in the technology economy. Specifically Software, Internet and Media. Followed closely by China, who also leads the pack in hardware technology. The wealth creation indices speaks to their technological foundation. India has done well with developing human resource to service the top developed tech economies and ecosystems.

America is the only country where the wealthiest are from the tech industry (software, internet, media and hardware).
In China, according to the top 30 wealthiest ranking of 2021, only 33% are from tech. The remaining 66% are from Food, Pharmaceuticals, real estate, manufacturing.
Europe's biggest companies are in the fashion industry. They play big in infrastructure, automobile, retail, beverage and snacks. The biggest tech export out of Europe is SAP. A company that started in the 70s.
In India, the wealth of the richest comes from Pharmaceuticals (Drug and Vaccine manufacturing), Banking, Manufacturing (Cement and metal), Retail, Telecoms, Manufacturing, financial services and tech. Of course, tech is represented by HCL, which is one of the largest software services exporters in the world with presence I. Over 45 countries.

The sizes of wealth created by each industries is one of the easiest pointers to where the most economic opportunities can be developed.
Africa will miss it if it gets fixated and obsessed with technology to the detriment of the sizes of opportunities that other sectors represents, especially their relevance to our unique socio-economic construct.
We should pay more attention to areas of advantages that hold true economic potentials to create wealth and jobs beyond the hype.

With your assertions, it means China wouldn't have created tiktok and Snapchat to counter US' Facebook and WhatsApp. We must strive as a nation to do what other countries are doing. If we focus on Agriculture, Real estate, construction... Then we will become perpetually an import dependent country.

cocolacec:
Remaining IPOB governors.

EITHER U DON'T KNOW UR HISTORY OR U MUST BE THE MOST STUPIDEST PERSON ON EARTH

duro4chang:
Foolish man.

LMAO, dis VAT is really showing us the incompetent ones among d politicians

Abel7777:

http://www.signalng.com/governor-yahaya-bello-opposes-lagos-rivers-on-vat/

this governor is oblivious on the issue of tax. That he is surrounded by 10 states has nothing to do with VAT. Cos he is seeking favor for his presidential pursuit doesn't mean he should be stupid na. This is why fighting for Nigeria is so difficult and almost impossible, some are trying to give states more empowerment and another is doesn't want cos he wants to be president