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Nairaland Forum / Nairaland / General / Politics / FG Loses Out, NASS Affirms States’ Power To Collect VAT (34976 Views)
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Re: FG Loses Out, NASS Affirms States’ Power To Collect VAT by buckeyemedia: 1:21pm On Mar 02, 2022 |
AntiBMC:What loss? No be Federal law makers still pass the law? No one is quarreling, there was a lacuna in the law, & the appropriate institution meant to address it just did? 1 Like |
Re: FG Loses Out, NASS Affirms States’ Power To Collect VAT by AntiBMC(m): 2:49pm On Mar 02, 2022 |
buckeyemedia: Lacuna in law that lasted for how long again? Where were you with this ur big grammar then? If Wike had nuh done something about it....we won't be here. The so-called lawmakers would have kept looking the other way. It's a loss for those who have been benefiting from the so-called ”lacuna in law". |
Re: FG Loses Out, NASS Affirms States’ Power To Collect VAT by Nobody: 3:18pm On Mar 02, 2022 |
qekng40: Wike 3 - 0 FG actually Federal High Court, 1 Appellate Court, 2 National Assembly, 3 We de wait for senior Bros to sign am into law. 1 Like |
Re: FG Loses Out, NASS Affirms States’ Power To Collect VAT by MrMaestro: 3:32pm On Mar 02, 2022 |
Deadlytruth:This should end this silly back and forth once and for all. The take away should be, when right thinking governors work together, anything is possible. Look at what just two states were able to accomplish in tandem. Imagine if half of Nigeria’s governors were like them. Nigeria will fly. 2 Likes |
Re: FG Loses Out, NASS Affirms States’ Power To Collect VAT by ajl: 3:36pm On Mar 02, 2022 |
Nigerian men and lawmakers putting the women down. If this is an exclusive Yoruba national assembly, all those laws supporting women will pass. Go to any yoruba religious groups, you will find women leaders (Iya Ijo or Iya Adinni). In commerce, you will find Iya-loja or Iya-laje. In yoruba royal court, you will find Iyalode. And in Yoruba cosmology, you will find the Iyami's, the owners of the night. If you don't give them their due, you are doomed. Nothing will work in any society where women are subjugated or put down. The Yoruba spiritual oral record by Orunmila told us what happened in the early days of creation of the earth. Olodumare sent down some divinities to come and make the earth habitable before the creation of humans. The male divinities neglected the only female divinity (Osun) in the team because in their mind they assumed because she is a female energy, her presence or input was not needed. Osun represents water. Without water there can be no life. So, when they all got to earth to perform the various tasks, nothing worked right. After all the failures, they returned and complained to Olodumare that nothing has worked for them in their assignment on earth. Then Olodumare ask them where is the female divinity (Osun) that was to join them on the assignment, they responded that they did not invite her because they assumed that her input is not required, being a female energy. Olodumare send them to go and beg Osun for forgiveness. She accepted their request for forgiveness, and returned to earth with them to work on the assignment Olodumare gave them. From then everything worked for them. The lesson here is that nothing will work in Nigeria except our women are accorded their due. You men think you are strong? I pity you. We are in this state because foreign religions and colonialism taught us to subjugate our women (at least in Yorubaland). In Yoruba tradition, women are still accorded their rightful due. "Meji meji la da ile-aiye", meaning "the world is created in duality". Man and woman, positive and negative, good and bad. It's all intended to achieve balance. It must not lay too heavily on either side. Look at Rwanda as a good example. I am a man myself. So far a woman behave herself, just as any individual, she must get her rightful due. We know that not all women can perform "magic" because the possibility of them performing well is high. We had a good example in Dora Akinyuli, and still in Ngozi Okonjo-Iweala. More opportunities for women mean more brilliant female achievers in government. 2 Likes |
Re: FG Loses Out, NASS Affirms States’ Power To Collect VAT by grandstar(m): 6:00pm On Mar 02, 2022 |
omohayek: My worry about States collecting VAT is how will VAT deductions be actualized or enforced when it occurs? I want to know your opinion. I am not sure here |
Re: FG Loses Out, NASS Affirms States’ Power To Collect VAT by qekng40(f): 6:04pm On Mar 02, 2022 |
Ecne:Yeah, you gerrit! |
Re: FG Loses Out, NASS Affirms States’ Power To Collect VAT by omohayek: 7:16pm On Mar 02, 2022 |
grandstar:I don't see why we can't emulate the American example. Sales taxes are levied at the state level there, with each state setting its own rate (some not levying sales tax at all), and yet the IRS is still able to treat sales tax deductions across all the states in a uniform manner. https://www.bankrate.com/taxes/sales-tax-deduction/ https://www.irs.gov/credits-deductions/individuals/use-the-sales-tax-deduction-calculator https://en.wikipedia.org/wiki/Sales_taxes_in_the_United_States The main thing is that to file a claim for the deduction, one actually has to file a tax return in the first place, which most Nigerians still don't do. Personally, I see any measure which stimulates an increase in the number of registered taxpayers as a good thing, as too much of the Nigerian economy still lies outside of the formal sector. I think this will be worthwhile even if it means a lot of poor people who currently pay nothing are forced to at least make the effort of declaring how they survive from day to day, whether by filing returns themselves or getting someone else to do so on their behalf. Nobody likes to pay taxes, but the disconnect between taxation and government revenue is behind so much of what is wrong with Nigeria's governance in the first place. If most state and federal revenues came from VAT and personal income tax, the tendency to view high office (especially the presidency) as a means of tribal "chopping" on a "turn by turn" basis would surely decrease drastically, and people would start to pay more attention to what politicians plan to do with power rather than merely where they are from, as now it would no longer be a matter of awuff "national cake" springing without effort out of the Niger Delta's oil or from Lagos business and port taxes, but of each voter's own personal blood and sweat being frittered away, and mostly by their own local politicians to boot. |
Re: FG Loses Out, NASS Affirms States’ Power To Collect VAT by Parachoko: 7:48pm On Mar 02, 2022 |
Deadlytruth:Do you have any source you can share with me on the bolded? |
Re: FG Loses Out, NASS Affirms States’ Power To Collect VAT by Deadlytruth(m): 8:22pm On Mar 02, 2022 |
Parachoko: Very many. 1 Like |
Re: FG Loses Out, NASS Affirms States’ Power To Collect VAT by Chinny024(f): 9:56pm On Mar 02, 2022 |
Wine for president...;DHisbah can now break the whole bottles... There business, their trash!!!.. 1 Like |
Re: FG Loses Out, NASS Affirms States’ Power To Collect VAT by betshopagent(m): 10:20pm On Mar 02, 2022 |
Deadlytruth:talking about something n not following d due process is called WAILING. Lagos was wailing b4.Rivers took action. |
Re: FG Loses Out, NASS Affirms States’ Power To Collect VAT by Ogaonos: 1:38am On Mar 03, 2022 |
ExplorationHub:ABEG SOMEBDY SHOULD PLS EXPLAIN THE ELECTRIVITY BILL PASSED DT STATE STATE IS ALLOWED TO GENERATE TRANSMIT ELECTRIVITY IN AREAS COVERED BY NATIONAL GRID.THE BILL IS KIND OF CONFUSING DOES IT MEAN STATE CAN NOW BRING INVESTOR TO power light in their state but with FG GOVT APPROVal |
Re: FG Loses Out, NASS Affirms States’ Power To Collect VAT by Ogaonos: 1:44am On Mar 03, 2022 |
ajl:WAT WOMEN NEEDNOW IS FIRST LADY REFORM DT MAKES OUR FIRST LADIES AT FG,STATE ND LG TO HANDLE GIRL SCH.WOMEN ND CHILDREN HOSPITAL ACROSS D NATION.DT WILL HELP GIRL CHILD EDUCATION ND STOP CHIRLD MORTALITY ND POLIO ONCE ND FOR ALL.DT BILLS IS LIKE FIGHTING FOR POLITICIANS WIFE MISTRESS TO TAKE SEAT IN D N ASSEMBLY ND NT D COMMON WOMEN IN NIGERIA |
Re: FG Loses Out, NASS Affirms States’ Power To Collect VAT by Deadlytruth(m): 1:49am On Mar 03, 2022 |
betshopagent: Which dictionary told you that? Haven't you read where Wike himself gave the credit to Lagos State? Or you know Wike more than he knows himself? 1 Like |
Re: FG Loses Out, NASS Affirms States’ Power To Collect VAT by Collins9156(m): 2:46am On Mar 03, 2022 |
Gradually we re getting there. |
Re: FG Loses Out, NASS Affirms States’ Power To Collect VAT by COMPAQ(m): 11:48am On Mar 03, 2022 |
Deadlytruth: But really, where is the money for Social Security for aged when we are spending N3trln on subsidy!!? Meanwhile there is subsidy also in electricity and railway. |
Re: FG Loses Out, NASS Affirms States’ Power To Collect VAT by Deadlytruth(m): 12:37pm On Mar 03, 2022 |
COMPAQ:Where is the money being used to finance the jumbo allowances of federal lawmakers coming from? If Saraki had done his humanly possible best to let the social security bill become law, it would have forced the government to be more accountable in the way subsidy and other wasteful policies are being funded hence free up money for social security and more fundamentally impactful policies. Imagine a situation whereby we return fully to 70% resource control by the federating units as was being done in the first republic; with just 30% revenue at the center, after paying salaries of soldiers and federal police, there will be virtually nothing left for the FG to waste on, bogus legislature allowances, subsidies, amnesty to Boko Haram and militia groups in general, etc. hence the FG would be compelled to judiciously utilize funds at the center while the states would be compelled to partner together to build refineries to the disappearance of the need for subsidy. 1 Like |
Re: FG Loses Out, NASS Affirms States’ Power To Collect VAT by Comedian2019: 11:53am On Mar 04, 2022 |
Deadlytruth:Yes, I understand better now. Thanks. |
Re: FG Loses Out, NASS Affirms States’ Power To Collect VAT by fergie001: 12:07pm On Mar 04, 2022 |
garfield1:They didn't touch it....they left it at status quo. For now the FG has been operating the VAT like it's on the Exclusive List. |
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