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Food Union Employers To Relocate Factories Over Outrageous Excise Duty, Taxation - Business (4) - Nairaland

Nairaland Forum / Nairaland / General / Business / Food Union Employers To Relocate Factories Over Outrageous Excise Duty, Taxation (17178 Views)

Coke, Fanta Prices To Increase As FG Imposes N10/litre Excise Duty On Carbonated / FEC Approves Executive Orders On VAT And Excise Duties / Alcohol Consumers, Smokers To Pay More As Federal Govt Raises Excise Duty (2) (3) (4)

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Re: Food Union Employers To Relocate Factories Over Outrageous Excise Duty, Taxation by bizzibodi(m): 9:54pm On Nov 09, 2022
baralatie:

Michelin,Dunlop and PAn did not fold up because of multiple taxation and import duty.they folded up because of the difference in the cost of imported related products {which is constantly going on} compared to made in Nigeria.these related products are not from sweet Africa but from the EU,China,Germany and Russia
Refinery is even worse because the refineries under the control of the nnpc was going to fail because of its inbuilt corruption

So why is a Peugeot,Benz in Europe is successful that it's counterpart in Nigeria.and here pipu are patronizing imported Toyota from abroad o
In a nutshell nigeria environment is not friendly for businesses to strives:from high taxes, multiple taxes,no infrastructures like roads,rail,no electricity,high cost of diesel,gas,scarcity of foreign exchange, high cost of production compare to other countries,corrupt government officials, inconsistent government policies, bottlenecks to export goods from nigeria,lack of long term credit facilities,no homegrown equipment manufacturers made many businesses to close shops.
Re: Food Union Employers To Relocate Factories Over Outrageous Excise Duty, Taxation by Quodseverismete: 10:35pm On Nov 09, 2022
By the time Buhari and APC is done with Nigerians even chanji no go remain for una pockets- Patience Jonathan 2014.
Re: Food Union Employers To Relocate Factories Over Outrageous Excise Duty, Taxation by DOM7: 11:08pm On Nov 09, 2022
Buhari is working!
Re: Food Union Employers To Relocate Factories Over Outrageous Excise Duty, Taxation by TOPCRUISE(m): 1:13am On Nov 10, 2022
Churches will now buy their abandoned factories when they leave Nigeria

1 Like

Re: Food Union Employers To Relocate Factories Over Outrageous Excise Duty, Taxation by Dshocker(m): 2:56am On Nov 10, 2022
post=118255557:
Initial Gra Gra.
If you make profit from our population pay your taxes or getat.
Most of y'all cannot do without our darling nation,
Stop making initial yanga abeg.
You can't eat your cake and have it!


A better Nigeria all around is all we want at [b][/b].

Slow and steady we will get to the nation of our dreams.

God bless Nigeria.

Do you know how many that has folded in the past?
Re: Food Union Employers To Relocate Factories Over Outrageous Excise Duty, Taxation by eastgates1: 5:11am On Nov 10, 2022
When they go we lose jobs and create jobs for the country they go to. What will happen to the people who sell food around those factories? What will happen to local suppliers and their dependants? What about those who would like to do I.T at these companies? Did you hear 5000 people lost their jobs? What will happen to rent for landlord, food for children or even school fees for the children and the teachers salaries? When we want to talk put your leg in their shoes. Everything is not politics!
post=118255557:
Initial Gra Gra.
If you make profit from our population pay your taxes or getat.
Most of y'all cannot do without our darling nation,
Stop making initial yanga abeg.
You can't eat your cake and have it!


A better Nigeria all around is all we want at [b][/b].

Slow and steady we will get to the nation of our dreams.

God bless Nigeria.
Re: Food Union Employers To Relocate Factories Over Outrageous Excise Duty, Taxation by eastgates1: 5:28am On Nov 10, 2022
They dont understand how creating jobs work, they have rent mentality and think everything is politics.
nedu666:
If these guys go, the effect will be catastrophic for nigeria.
1. Mass sack of workers
2. All those farmers in the north planting millet, sorghum and maize which they see to nb, guniess and int brew, nestle will lose major income
3. The 434 billion in taxes and vat will disappear
4. They will delist from stock exchange which will affect the value of stock exchange.
5. No more dividends for investors. Imagine losing 45b, 28b, 24b from nb, guiness and nestle
6. These are the biggest coys in ogun state since closure of p&g. Now add it to the prob facing unilever, pz, gskb. Who all are now shutting prod in preference for importation
Re: Food Union Employers To Relocate Factories Over Outrageous Excise Duty, Taxation by Atarakpa: 5:34am On Nov 10, 2022
Boatin:


There is this chocolate drink brand called Khafflo chocolate drink that is here to stay and nourish the nation @khafflo on Twitter / Instagram. From price point to product quality / branding .. one can tell they are here for the long haul.
okay. We checking for it this morning in ebeano or NY supermarket.
Re: Food Union Employers To Relocate Factories Over Outrageous Excise Duty, Taxation by adecz: 5:36am On Nov 10, 2022
❌❌Buhari and the NNPC GMD have
succeeded in destroying NNPC, the
major source of Nigeria's income
and foreign exchange earner, so they
are taxing everyone taxable to make up
for their gross incompetence ❗️❗️☹️☹️☹️



Buhari the destroyer ❗️❗️☠️☠️☠️
Re: Food Union Employers To Relocate Factories Over Outrageous Excise Duty, Taxation by clinician2x: 6:46am On Nov 10, 2022
Eriokanmi:
Vote APC again. Una neva see anything. They've come with their lies again. If you fall for it. OYO!

I no dey even hear sai baba again grin. Wetin happen? Somebody's darling daddy. Mannanbqgrills how far nah?

Lol the fool don calm down. Poverty na your mate?
Re: Food Union Employers To Relocate Factories Over Outrageous Excise Duty, Taxation by IMASTEX: 6:52am On Nov 10, 2022
post=118255557:

1. Initial Gra Gra.
Same way others left and unemployment rate widened

2. If you make profit from our population pay your taxes or getat.
They are only contesting an upward review that is just money for the boys as the previous paid, knowing fully well that they will still pay more to arrange for the safety of their lives & properties, record loses from truck falling off as a result of back roads, cost of running generator, etc.


3. Most of y'all cannot do without our darling nation,
Of course the population is there. That is why they will produce offshore and still ship down thereby making the country a container economy the more.


4. You can't eat your cake and have it!
Tell your govt that, if business owners pay less for personal security, power, access to other raw materials locally, any business assist even in policies, etc. Maybe the tax increment won't be an issue.

At the end, it's the man on the street that suffers it. Not the politicians that have looted in excess. Just work to the closest small businesses around you to ask their challenges.
Re: Food Union Employers To Relocate Factories Over Outrageous Excise Duty, Taxation by barinedan(m): 6:57am On Nov 10, 2022
Let's join our voices together and say a very big thank you to buhari and his gang for achieving yet another milestone in history
Re: Food Union Employers To Relocate Factories Over Outrageous Excise Duty, Taxation by SafeHands1: 9:43am On Nov 10, 2022
Maybe Senseless Nigerians go receive Senses by the Time we don become Slave to other Black Men in a Foreign Country. People with Dementia may not understand this until it dawns on them.
Nigerians receive Sense In Jesus Name.
Re: Food Union Employers To Relocate Factories Over Outrageous Excise Duty, Taxation by Thomthom(m): 9:58am On Nov 10, 2022
fastseo:


My brother this is inflow from domiciliary account or dollar account. I have asked bank to exchange to Naira they said no. They cannot its dollar account and against their policy , any time they are able to source for dollar they let us know.

After several years i finish school no work now i started earning outside for the past 10 years now this problem.

Is it crime to be a nigerian?

Are they not selling oil, why are they not giving banks money to clear those who brought dollars in to the country legitimately or didn't the money remit into my account legitimately?
Why must we suffer.


There are thousands of Nigerians facing this challenge.. Those working on YouTube, content creators, programmers, those that write for foreign firms. Data analyst.. Just name them.
I can feel your anger now.. e no make sense at all oo... I tot dey will convert the equivalent to naira for you..

1 Like

Re: Food Union Employers To Relocate Factories Over Outrageous Excise Duty, Taxation by NLPoliceWoman: 3:31pm On Nov 10, 2022
fxexperts:
Look at another demented Nigerian speaking, keep playing tribalistic politics with your children's future. You go grill vulture chop

Seun Mynd44 Dominique justwise.
Rule 2
Re: Food Union Employers To Relocate Factories Over Outrageous Excise Duty, Taxation by fxexperts: 3:39pm On Nov 10, 2022
NLPoliceWoman:
[b][/b]
Seun Mynd44 Dominique justwise.
Rule 2
you go cry tire.

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