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NLC Rejects New Tax On Carbonate Drinks Says It Will Cause Mass Hunger, Hardship - Politics (4) - Nairaland

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Re: NLC Rejects New Tax On Carbonate Drinks Says It Will Cause Mass Hunger, Hardship by Ovamboland(m): 11:43pm On Jan 08, 2022
Mom007:
Good thinking. Those NA folks seem to have nothing better to do than think up ways to raise the suffering index of Nigerians! That's how they played politics with rice production up until rice and groundnut oil and even bread are now out of the reach of the common man. Carbonated drinks which used to sell for 100n now go for 150n still yet, they won't leave it alone! They will not look for constructive ways to add value but keep reaching for unintelligent and low hanging fruits. Pstcheew

5 naira is now too much to pay to be added to healthcare funds. Will the 5 be going to Buhari account after he leaves office?
Black man hardly knows what is in his best interest, just howling over every little discomfort but wants everything provided on a platter.

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Re: NLC Rejects New Tax On Carbonate Drinks Says It Will Cause Mass Hunger, Hardship by Mom007(f): 5:29am On Jan 09, 2022
Ovamboland:


5 naira is now too much to pay to be added to healthcare funds. Will the 5 be going to Buhari account after he leaves office?
Black man hardly knows what is in his best interest, just howling over every little discomfort but wants everything provided on a platter.
You tried to sound intelligent and enlightened but you didn't quite pull it off. If you think this is about any 5n or no 5n then you are not seeing the bigger picture. Its about the ricochet effect that it will have on the already struggling masses! Same as whatever increment of fuel price they are proposing. Those guys do not know how to manage funds. They are not accountable. What have they done with all the billions that was at their disposal that the next 'solution' to Nigeria's problems lies in this so called 5n they want to impose on soft drinks? Mr white man that has refused to howl, probably if we had been howling sooner, the situation would not have deteriorated so far. A little accountability on what has been done with past revenues so we don't keep pouring our resources in a leaking basket!

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Re: NLC Rejects New Tax On Carbonate Drinks Says It Will Cause Mass Hunger, Hardship by Nobody: 5:55am On Jan 09, 2022
iamjavadem:
When they start charging for beer then I will revolt, don’t drink carbonated drinks

Beer is already taxed
Re: NLC Rejects New Tax On Carbonate Drinks Says It Will Cause Mass Hunger, Hardship by Nobody: 6:01am On Jan 09, 2022
Dee60:
They increased VAT by 50% last year, a move which many people saw as counter-productive. So what have they achieved with that? Record high inflation. Unemployment. Rise in social vices.

We like to copy Britain and America in everything. Go to Dubai - low taxes, high productivity and high goverment revenue. This is Economics 001 for developing countries. When you are really developed like the US and when your tax net is wide and you are able to provide a lot of services, when wealth has increased significantly, then you can toy with taxes. ECONOMICS 001.

6+ years after, this administration is still struggling to come to terms with basic thinking.

Dubai is in the UAE which produces 2.5 million barrels of crude a day and has 11 million people

Nigeria produces 1.8 million barrels of crude daily and has 200 million people

Divide the revenue among the people of the respective countries and you will see why Dubai can afford low taxes.

I'm brief, UAE earns more per capita than Nigeria.

Nigeria has low tax rates self. Out tax to gdp ratio is 6.4%. Less than 30% of our taxable population pays income tax. 70% of our revenue comes from oil and a large chunk goes for servicing debts accumulated since 2007.

Dubai by the way has a excise tax for soft drinks at a higher rate than Nigeria. A bottle of coke there costs 450 naira

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Re: NLC Rejects New Tax On Carbonate Drinks Says It Will Cause Mass Hunger, Hardship by Ovamboland(m): 6:57am On Jan 09, 2022
GreyLaw:


So the government, this government cares for your health and they budget nonsense for health and loot it behind, which is the reason aso clinic doesn't have paracetamol etc some times? Hahahahah...

I like how many of you are like frogs in boiling water eing boiled to death and each time you find ways to make excuses for wickedness and evil.

When Buhari became president all he did was gradually but surely hand over almost all the security apparatus to his kinsmen by geographical area and many people down South applauded him, even romanticised the man's dangerous appointment pattern. Now he is about to go only for people to now clearly see the havoc the man has wreaked.

Keep making excuses for them. Someone raised a valid point but you rebuffed it and provided a sound medical reason for the government taxing fizzy drinks. For your information, Dangote has it easy in a lot of his business ventures. He is clearly a "government pikin".

The Nigerian government cares. Buhari cares... Chris Ngige cares. The finance minister cares. Emefiele cares. They all care.... hahahahahaha....

Oga ethnic appointment champion, every ethnic group will pay this tax like any national tax in any part if the world and when you ethnic man becomes the leader he will meet the tax funds there let's see if he will reverse it.

Since 1999 4 presidents met VAT and other excise duties and they did reverse it because they are from your ethnic group.

If Dangote can be govt pickin and favoured under Obasanjo, Yaradua, Jonathan and Buhari, is it not time you evaluate your life and how you engage the world to see ethnic bigotry can't deliver real favour to you?

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Re: NLC Rejects New Tax On Carbonate Drinks Says It Will Cause Mass Hunger, Hardship by Ovamboland(m): 7:03am On Jan 09, 2022
Mom007:

You tried to sound intelligent and enlightened but you didn't quite pull it off. If you think this is about any 5n or no 5n then you are not seeing the bigger picture. Its about the ricochet effect that it will have on the already struggling masses! Same as whatever increment of fuel price they are proposing. Those guys do not know how to manage funds. They are not accountable. What have they done with all the billions that was at their disposal that the next 'solution' to Nigeria's problems lies in this so called 5n they want to impose on soft drinks? Mr white man that has refused to howl, probably if we had been howling sooner, the situation would not have deteriorated so far. A little accountability on what has been done with past revenues so we don't keep pouring our resources in a leaking basket!

Learn that in a free market environment prices always respond to changing market conditions. 5 naira is 3 percent of the retail price of soft drinks at 150. It was 50 then 100 sometime ago. If 200% incraese has not killed us what will 3% do?

Nigeria has one of the lowest tax collection rates in the world, we do 6% while Ghana does 16% Egypt and South Africa do 25% all from their economy. We can either chose to remain in the league of poorly run countries with low tax collection rate or move up the league and grow.

Bring your competent leader and i tell you for free he will succeed if he doesnt collect taxes. The oil we depend on that made us ignore taxation is going and can no longer sustain us. It's worth just 200 naira daily for each Nigerian.

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Re: NLC Rejects New Tax On Carbonate Drinks Says It Will Cause Mass Hunger, Hardship by COMPAQ(m): 11:49am On Jan 09, 2022
Mom007:

You tried to sound intelligent and enlightened but you didn't quite pull it off. If you think this is about any 5n or no 5n then you are not seeing the bigger picture. Its about the ricochet effect that it will have on the already struggling masses! Same as whatever increment of fuel price they are proposing. Those guys do not know how to manage funds. They are not accountable. What have they done with all the billions that was at their disposal that the next 'solution' to Nigeria's problems lies in this so called 5n they want to impose on soft drinks? Mr white man that has refused to howl, probably if we had been howling sooner, the situation would not have deteriorated so far. A little accountability on what has been done with past revenues so we don't keep pouring our resources in a leaking basket!

So your issue should be with accountability not the tax. They are two distinct issues.

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