Goldbw122:
The government are increasing everything, I don't understand is like they don mean well for this country, or are they not seeing what is going on, what about the promises they promise the masses and what are they doing the exact opposite, this is a very sad incident oooo. Too bad .. nothing is working in Nigeria if you are not a yahoo boy or a very corrupt business man it is very hard to make it, corruption now is now the order of the day,

God go take break for Nigeria situation when we rapture occur oooo...

To think that some people are campaigning for osinbanjo or any other associate of this failure to president. Osinbanjo govt will be his master's reloaded. They will use him to dry Nigerian up. Be wise and be warned.

perambulator:
Good move. Nigeria needs to raise its taxes to fund badly needed infrastructure projects.

And where are the jobs put in place for the people to pay this taxes after the increase? Have they increased wages also Good move my foot

Na them know. It will keep Nigerians fitter and thinner.

IPIGSRHYPO:


I beg go to the States with those ivy league schools and see the kind of absurd taxes they have one everything from soft drinks State, Federal and local taxes taxes on gas. You go bow. Just check out California then come back and report to your friends on NL.
In California, soon they will start taxing the air you breath.

And don’t they see the benefits of the tax they pay or it is all about collecting their money?

AntiBeEmCe:
Hehe. Satan is sitting comfortably in Aso Rock. To everybody who voted this disaster into office...may you suffer twice what the others have to suffer because of ur poor judgement and lack of sense.

The problem is not even about the mistake made in voting him and his party in but about the same set of people that will still blind their conscience because of peanuts to vote for his party and the idiots that would sit on fence with or without PVC.

Abeg make all of una shun our able presido abeg. Abi una know sabi say him dey try to reduce some risk here.

No more mineral this year

AntiBeEmCe:


And what right thing has he ever done from the tym he was head of state in 1984 to now that he's president?

People like you always defend n0nsense, comparing nigeria With Countries where their economies are working perfectly fine.

Does France or US collect those said taxes only to loot and reloot them the way nigeria is doing?

Where's all the VAT, taxes and loans going to?

Amazon and AliExpress would be 6% taxes also, courtesy of Buhari govt...but will the companies actually be d ones paying those taxes? No. They'd simply add those charges to customers’ bills during checkout..

Same with the taxes they're charging Facebook and other platforms for Nigerians business owners running ads. How many ways can a govt fold/bend its citizens b4 they break?

And yet, all ds monies are going straight into the pockets of few people...and you say Buhari is doing smtin right?

Abeg leave ur sentiments and speak d truth when you see it.

I'm not a buhari supporter Mr man.

Also, democracy is hard work. That's why you should do more than just vote and grumble on Nairaland.

If you don't want the money to be looted that is

slowice:


I'm not against Nigeria taxing soft drinks but knowing that the money earned will be looted and not used to better the life of the people,who now pay more for soft drinks cos the producers will simply pass it down to consumers.... Is worrisome.

All of the countries you mention provide quality, accountable and commensurate services for the taxes they receive but here, they just want more money and zero responsibility.
You would think this drives for more income would start from cutting the cost of governance but no, they still want to maintain their lavish spending and high earnings but while they aggressively shrink the disposal income of the people

Cutting the cost of governance won't address the problem of income not being enough in the first place.

Keep that in mind.

Note that I think and believe we should cut the cost of goverment and fight corruption, but the revenue we earn is not enough

And if you don't want to pay the tax, don't drink soft drinks. Healthy habit IMO

Elsueno:



bro backbencher ur true colors are leaking too much, u are the only one desperately trying to defend APC here.......Don't loose ur cool, am sure this unexpected announcement caught u off guard

Nope, I defend any sensible policy by any goverment , whether the party. ( I backed Gejs subsidy removal attempt in 2012, because the man for once made sense)

Buhari is a bad leader. But even bad leaders make sane decisions sometimes and this is one of them.

If you don't want to pay the tax then stop drinking soda. It's that simple

Buhari is a failure and I've never voted for him

ayo2008:


Can't we copy the good thing by being in the league of the most developed nations of the world in infrastructure, education, agric etc.When it comes to inflicting the masses, we are quick to justify it by quoting developed nations of implementing same law?

We can be there if you guys vote out APC and vote in leaders who would take us off resource dependency!

But for now, we have to raise money. Development takes time and time and time. And raising taxes is the way forward

Or you want us to take a loan?

If you don't want to pay the tax, drink water instead of coca cola. Simple and you won't get sick from all the sugar

erniok:

A CS in US $15k and you think the poor can afford that without Medicaid? You are told what %age the government is paying for you. That's what real subsidy is and not what you think we have here and that's the kind of place government is concerned when you become obsessed because it takes money from their pocket. In Nigeria where mortality rate is high for the poor, what has the government being doing. Government hospitals won't take you in unless you pay bills first and you are here talking about subsidy.

US can afford Medicaid because they tax everyone of their citizens.

Nigeria cannot afford Medicaid type programmes because we tax only 30% of our taxable citizens, and our tax to gdp ratio is low.

The bulk of our revenue comes from oil which is never enough because the price never favours us at all. Hence we take loans

Plus not everyone in the us is covered by Medicaid. Most Americans use health insurance which does not mean free healthcare. Some still have to pay very high amounts of money at the end of the day.

FarahAideed:


The question vis what did he use the loans for ? The Loans have not reflected in the economy so where is it?

. Oh? So you are asking that question abi? Dey dia naw, DSS go soon locate ya house and dislocate you.

therajah:

Yes, but this is not the main reason Nigerian govt is imposing it. If the govt gives health benefits or gives aid for critical conditions, then we can say that reason is genuine.

If you want benefits then we have to tax more people

At the moment our tax to gdp ratio is 6.4%. We don't earn enough from oil because our fiscal breakeven oil price is at $133 , while oil has not been above $80 in years. And 30%of taxable Nigerians pay income taxes to state and federal government.

So taxes or loans

Plus if you don't want to pay the tax , dont buy soft drinks. Buhari hasn't passed a law forcing you to drink soft drinks every day!

sonnie10:

There was VAT before now. Is that not enough?

Keep in mind that our tax to gdp ratio is 6.4% even with vat.

For comparison, Ghana has a tax to gdp ratio of 23%, South Africa 24%

We ain't earning enough money.

Plus,if you don't want to pay the tax, don't drink soda. Drink water.

It is finish

Felabrity:
I got fanta for 250 a week ago

Nothing new

Nigeria is totally fked under Buhari

. Sai baba...where are they now? Fools. Believe me, even if buhari has to contest again for example, some dimwits will not just vote him but try to fight anyone who doesn‘t want to.
I take a stroll...

The thing is,if you don't want to pay the excise duty then don't buy soft drinks

Soft drinks are a.waste not a need.

Kylce042:



This government will one day impose one thing even on the air we breathe. Someday these Egyptians will be no more.

Is that before or after you are no more ?..."some day" isn't a date.

backbencher:


US can afford Medicaid because they tax everyone of their citizens.

Nigeria cannot afford Medicaid type programmes because we tax only 30% of our taxable citizens, and our tax to gdp ratio is low.

The bulk of our revenue comes from oil which is never enough because the price never favours us at all. Hence we take loans

Plus not everyone in the us is covered by Medicaid. Most Americans use health insurance which does not mean free healthcare. Some still have to pay very high amounts of money at the end of the day.

Medicaid is for the poor, those that can, pay meeter health insurance. My arguement is that Nigerian government has nothing to lose about my health in this taxation as against like US that subsidizes their citizens healthcare and as such, shouldn't bring that arguement to the table.

backbencher:


Keep in mind that our tax to gdp ratio is 6.4% even with vat.

For comparison, Ghana has a tax to gdp ratio of 23%, South Africa 24%

We ain't earning enough money.

Plus,if you don't want to pay the tax, don't drink soda. Drink water.

I believe Nigeria is a capitalist economy, why can’t they let the market determine the price of items?
Secondly, stealing from the poor masses in the guise of tax will not fix the economy.
Moreover, the freedom to choose what to eat or drink without unnecessary interference and burden, is the hallmark of truly free people.

SmartPolician:
Buhari is looking for the best possible means to repay Chinese loans. The problem is that the man is too old to lead so he won't even know it when his cabinet members re-loot taxpayers money meant to repay the loan.

FUNNY, COME 2023 THE F00LS (NIGERIANS) WILL STILL ELECT ANOTHER ELDERLY INDIVIDUAL AS PRESIDENT.

Does this man not know that it is Nigerians that will pay this tax?

Or does he think fanta will pay it from their profits?

chatinent:
No bi say if they collect all the money naw they account for it.

That's the major problem

sonnie10:


I believe Nigeria is a capitalist economy, why can’t you let the market determine the price of items?
Secondly, stealing from the poor masses will not fix the economy.
Moreover, the freedom to choose what to eat or drink without unnecessary interference and burden, is the hallmark of truly free people.

First a lot of capitalst countries collect similar taxes. The goverment isn't setting any prices or forcing the soft drink companies to sell below their production cost which is how a socialist scoeoty works

2. Poor masses don't need soft drinks. Most poor people cannot afford a bottle of coke everyday anyway.

3. You are free to drink or eat whatever. And if it gets to expensive for you to drink soda , you don't have to.

Or you want goverment to take more loans?

erniok:

Medicaid is for the poor, those that can, pay meeter health insurance. My arguement is that Nigerian government has nothing to lose about my health in this taxation as against like US that subsidizes their citizens healthcare and as such, shouldn't bring that arguement to the table.

Not everyone gets medicalid and it doesn't pay for everything and some healthcare providers won't take on Medicaid patients because it doesn't pay as well.

Us doesn't subsidise it's health care for all. Plus health insurance only pays part of the cost. Meaning that people have to pay the rest which can run into thousands of dollars.

Healthcare inthe us is expensive. You need to spend some time reading up about it.

Nigeria subsidies healh care. Otherwise your costs would be much higher. NHIS and phis even help cut some costs. Malaria drugs are cheaper in Nigeria than abroad for example

I work in healthcare so I know some things. I've worked in goverment and private care.

Make e no affect trophy lager beer

backbencher:


I'm not a buhari supporter Mr man.

Also, democracy is hard work. That's why you should do more than just vote and grumble on Nairaland.

If you don't want the money to be looted that is

Where's the democracy?
Democracy died the moment the armed forces began to shoot at unarmed protesters and carry away their corpses with no consequences.

It died the moment DSS began inviting people for speaking the truth.

If I may, ask what hardwork have you put in, to ensure the nation’s coffers are not Looted.

AntiBeEmCe:


Where's the democracy?
Democracy died the moment the armed forces began to shoot at unarmed protesters and carry away their corpses with no consequences.

It died the moment DSS began inviting people for speaking the truth.

If I may, ask what hardwork have you put in, to ensure the nation’s coffers are not Looted.

What hardwork have you done?

You want change, vote for it.

Me I do my part by not voting for APC or PDP.

backbencher:


First a lot of capitalst countries collect similar taxes. The goverment isn't setting any prices or forcing the soft drink companies to sell below their production cost which is how a socialist scoeoty works

2. Poor masses don't need soft drinks. Most poor people cannot afford a bottle of coke everyday anyway.

3. You are free to drink or eat whatever. And if it gets to expensive for you to drink soda , you don't have to.

Or you want goverment to take more loans?

It is fair for any government who creates the right environment for jobs to thrive and economic growth to collect taxes. Collecting indirect taxes from already impoverished people heartless.

The loans this APC government collected before, what can they show for it?

See, price control is not only until they fix certain price tag on soft drink. What they have done is pure price control through indirect taxation.

Anytime the government singles an item out and put taxes in place that artificially make that item’s price to increase, beyond the influence of demand and supply, it is price fixing in disguise.
Very soon, Coca Cola would be frustrated out of Nigeria,!like others that have gone to Ghana and other favorable countries.
Name them , Dunlop, leventis, Peugeot, Volkswagen, shop rite etc.
This is like a Muslim watching the stars and then missing the moon.

backbencher:


We can be there if you guys vote out APC and vote in leaders who would take us off resource dependency!

But for now, we have to raise money. Development takes time and time and time. And raising taxes is the way forward

Or you want us to take a loan?

If you don't want to pay the tax, drink water instead of coca cola. Simple and you won't get sick from all the sugar

Raise for the development? The money you guys have been collected from looters how far have the country utilised for the past six years instead of borrowing?
Don't be decieved by their propaganda. They are here to just make the nation toxic for both investors and average Nigerians.

dre11:
Coke, Fanta prices to increase as FG imposes N10/litre excise duty on carbonated drinks



https://www.thecable.ng/coke-fanta-prices-to-increase-as-fg-imposes-n10-litre-excise-duty-on-carbonated-drinks/amp

NIGERIANS ARE SUFFERING AND SMILING, DONT YOU ALL THINK THIS IS THE RIGHT TIME FOR ALL NIGERIANS TO TAKE TO THE STREET AND PROTEST MASIVELY FOR BUHARI REMOVAL?