If the way government (all tiers) agencies spend money by 1/3 (in which I will still consider too expensive ). Our debt will reduce significantly by just 2 years.

Una never see anything!

Shebi una dey gather dey plan vote for Tinubu? The life under Buhari now go be like bread and butter if una succeed make Tinubu president.

Una papa!

More taxes kee you there. Empty head.

Taxation and blocking revenue leakage is her solution to our buharious economy

She's simply clueless !!!

Racoon:
How can you be using about 90% of your lean generated revenues to be servicing debts, borrowing to fund budget and allowing humongous institutional corruption to thrive uncontrollablly then say this shit?

With the unprecedented hardship they have inflicted upon the countless hapless and downtrodden masses in the nation, the impulse solution to their debt accumulation is to continue to impose more taxes. Are these idiots well @ all?

Watch how some of our people will come and defend this because of political affiliation. We shouldn't be playing partician politics all year round. Nobody talks about political party here in Aussie. People are much concerned about the economy and general warfare but my fatherland. . .

Buddha3:
Una never see anything!

Shebi una dey gather dey plan vote for Tinubu? The life under Buhari now go be like bread and butter if una succeed make Tinubu president.

Una papa!

And how life will be under Obi?

I guess he will order IMF, WORLD BANK, ADB, CHINA etc to write off Nigeria debt.

Or maybe he will sack half of civil servants


Oga stop deceiving urself about Obi, by projecting him as if he is messiah ,they rated Buhari higher than this 8 years ago.

Racoon:

https://www.thecable.ng/zainab-ahmed-more-taxes-blocking-revenue-leakages-will-reduce-nigerias-debt-burden/amp

Very fantastically corrupt nation. Who will collect the Taxes? What linkages are you blocking? The one your brothers and sisters are occupying? Clowns.

Olodo ,stop oil theft,meet up open production.
All opec countries are enjoying oil boom in this Russian war, only nigeria and Venezuela are suffering

Tinubu arrrived Nigeria from London last week, attended only APC campaign launch and Arewa Joint committee session, this morning dem don rush city boy go London again to top up. Make una no dey use Tiger battery for that man, use Duracell battery it lasts longer. God Abeg o �

The best way to reduce Nigeria's debt is by cutting (to the minimum level) the cost of running the government.

It's too expensive for a country in so much debt

Man abandon wife to be on wedding day after He discover that she has four kids

Video

https://www.youtube.com/watch?v=C1_mQLHMa88

Fiscus105:



And life will be under Obi?

I guess he will order IMF, WORLD BANK, ADB, CHINA etc to write off Nigeria debt.

E no concern me, my guy!

This was how we vehemently warned you people about Buhari, y'all were too thick headed to listen. The APC as a party is evidently demonic and incompetent, but the lot of you are too blinded by tribal sentiments to reason properly.

Una go suffer pass this one.

Worst finance minister ever...

Buddha3:


E no concern me, my guy!

This was how we vehemently warned you people about Buhari, y'all were too thick headed to listen. The APC as a party is evidently demonic and incompetent, but the lot of you are too blinded by tribal sentiments to reason properly.

Una go suffer pass this one.

not concerned, yet u keep on gravitating towards Obi, when you don't even have clue how Obi will run his government

Racoon:
How can you be using about 90% of your lean generated revenues to be servicing debts, borrowing to fund budget and allowing humongous institutional corruption to thrive uncontrollablly then say this shit?

With the unprecedented hardship they have inflicted upon the countless hapless and downtrodden masses in the nation, the impulsive solution to their debt accumulation is to continue to impose more taxes? Are these idiots well @ all?

Stop jumping into conclusions. The tax idea is for big corporations operating in the country. Imagine if MTN alone is paying a very valuable tax, Dangote group, the Chinese companies, Julius Berger, Brewery, Unilever, even import tax and the rest of the billion dollar corps in the country. It generates more wealth for the nation. For me, I do support it. SMEs may have to pay more on interest rate but it also means more loans will be granted which will facilitate more circular jobs and incomes for an average Nigerian. Your normal VAT is only 6% while corporations have to pay double digit figures. This is not that much of a bad idea in my opinion. Most advanced countries generate a lot from tax policies.

u cannot collect more taxes to pay debts. what values are u giving to make people pay more taxes?? taxes are paid on value. U borrowed irresponsibily and want to tax the people to pay for ur irresponsibility?

Also what revenue leakages are u talking about or u mean corruption in ur government?

Moh247:



Toll gates should return

It's high time we had digital tolling on federal roads

Lagos - Ibadan alone can generate 100s of Billions anually if properly tolled, same as second Niger Bridge and Kaduna- Abuja, Lokoja - Abuja roads

Nigerian Railway Corporation should start moving Cargos with the old narrow gauge rail instead of giving the revenue to trailer and truck owners alone



.

I surely agree with you on this, but Buhari's government is not creative to look into stuffs like this, they only care about oil and borrowing.

Who did Nigerians think would bear the brunt of paying back the debt? Ofcouse more taxes.

For those saying Nigerians don't pay taxes but want to japa ....Correction please. The average Nigerian pays taxes (but the much being paid isn't reflecting in their lives. Tax isn't meant to be stolen or spent on funding the lavish lifestyles of government officials). A little check will show you it's the politicians,their cronies and rich folk who evade taxes ....World over.

DrPurple:
The best way to reduce Nigeria's debt is by cutting (to the minimum level) the cost of running the government.

It's too expensive for a country in so much debt

Cutting cost of government is not much a brilliant idea. We haven't even started with defence budget yet in this country. You accumulate wealth by generating new ways and avenue. Reduction only put you 2 steps backwards and for the most a temporal solution and not a permanent one.

Blocking which leakages??

These people think we are minions.
They don't have the Political Will to do such a thing.

HOW ABOUT PUTTING A PERMANENT STOP TO LOOTING OF OIL FROM THE NIGER DELTA. Keep beating around the bush. Go straight to the point

DrPurple:
The best way to reduce Nigeria's debt is by cutting (to the minimum level) the cost of running the government.

It's too expensive for a country in so much debt

Cutting cost of government is not much a brilliant idea. We haven't even started with defence budget yet in this country. You accumulate wealth by generating new ways and avenue. Reduction only put you 2 steps backwards and for the most part a temporal solution and not a permanent one.

Racoon:
How can you be using about 90% of your lean generated revenues to be servicing debts, borrowing to fund budget and allowing humongous institutional corruption to thrive uncontrollablly then say this shit?

With the unprecedented hardship they have inflicted upon the countless hapless and downtrodden masses in the nation, the impulsive solution to their debt accumulation is to continue to impose more taxes? Are these idiots well @ all?

Sanusi Lamido even said they are using 108% of generated revenue to service debt, thateans they are still borrowing the remaining 8% for debt servicing.

HighTableVoice:


Stop jumping into conclusions. The tax idea is for big corporations operating in the country. Imagine if MTN alone is paying a very valuable tax, Dangote group, the Chinese companies, Julius Berger, Brewery, Unilever, even import tax and the rest of the billion dollar corps in the country. It generates more wealth for the nation. For me, I do support it. SMEs may have to pay more on interest rate but it also means more loans will be granted which will facilitate more circular jobs and incomes for an average Nigerian. Your normal VAT is only 6% while corporations have to pay double digit figures. This is not that much of a bad idea in my opinion. Most advanced countries generate a lot from tax policies.

Big cooperations are already running at high costs because of ur failed infrastructures, power system yet u want to tax them more? Are the big cooperations responsible for ur failed economy?? This incompetent and corrupt government borrowed and keeps borrowing recklessly for phantom projects and useless policies like feeding invinsible school children.

oil prices are up yet revenue is low cos if same corruption bt u want to further frustrated big cooperation cos of ur gross irresponsibility?

God will punish this woman. She is the main problem of Nigeria currently. Hopefully she will be removed immediately after this terrible government passes, and arrested.

Lol no one is talking about cutting the cost of governance

2021 you guys spent over 3tn on personnel cost


Rubbish

Fiscus105:



not concerned, yet u keep on gravitating towards Obi, when you don't even have clue how Obi will run his government

See eh my guy, your attempts at trolling or hauling offensive sarcasm isn't exactly of relevance to me. I care not for whatever political choices you all decide to make but one thing is certain, of all the prominent candidates gunning for the Presidency, Tinubu is easily the worst. But as usual, you all can decide to make the dumb choice of electing him. The consequences will solely be on you.

More taxes... Because of a useless president surrounded by looters

May we not get it wrong again, good Lord!!! The consequences are too much