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Nairaland Forum / Nairaland / General / Politics / FG Implements 7.5% VAT On Diesel, Nigerians Kick (25035 Views)
FG Implements Cooking Gas Imports Tax, Price Jumps By 100% / Senate Okays 7.5% VAT And 6 Other Tax Hikes / FG Implements 140 Reforms On Ease Of Doing Business – Osinbajo (2) (3) (4)
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Re: FG Implements 7.5% VAT On Diesel, Nigerians Kick by imbless: 12:04pm On Jun 20, 2023 |
Agbadorism and stupidity won't let those shouting "other countries pay taxes" to know that almost all products in the Nigerian market are taxed via VAT and the VAT are paid by the consumers, what have the government use the money for, secondly can you ever compare the minimum wage of those countries to Nigeria own? What about social amenities? What has the people benefitted from this heartless APC government? |
Re: FG Implements 7.5% VAT On Diesel, Nigerians Kick by wirinet(m): 12:15pm On Jun 20, 2023 |
ChybuzzDD: They don't care about the poor Nigeria runs a system called elitocrasy. Government by the elites for the elites. The elites take good care of themselves, they have perks of office like all kinds of allowances and facilities. The poor on the other hand are seen as nuisance, that does not deserve to live and survive in the same country. Imagine Buhari government that has already pauperised Nigerians, by policies that made a bag of rice N35k, bag of flour N32k, inflation rate at 16%, unemployment hitting the roof, while all through the tenure minimum wage remained at N30,000. Now president tinubu has finally come to wipe out the poor and the middle class. He is is not even thinking of increasing wages or offering any social security safety net to help help poor Nigerians. Tinubu thinks Nigeria is like Lagos where you can bill people indiscriminately in the name of increasing IGR, forgetting that Lagos is the 4th biggest economy in Africa crammed into a very little space. Most businesses will fail as the cost of energy alone will snuff out any profit small businesses are making. Then inflation will finally bury them. 3 Likes |
Re: FG Implements 7.5% VAT On Diesel, Nigerians Kick by wirinet(m): 12:20pm On Jun 20, 2023 |
imbless:Nigerian businesses already pay one of the highest taxes in the world, the problem is that the taxes enter individual pockets and not government pockets. Even the one that enters government coffers is substantial. We pay all kinds of taxes - local government, TV licence, tenement rate, stamp duty, import duties, VAT, and so many others too numerous to mention. This is why Nigerian produced goods can never compete in the international marker, even against our African neighbours. 1 Like |
Re: FG Implements 7.5% VAT On Diesel, Nigerians Kick by just2endowed: 12:26pm On Jun 20, 2023 |
BigBlackPreek: if u are being paid meagre 30k as minimum wage on all this increment, will you say all this? compare our purchasing power to the developed country u stated, what is their minmum wage annualy? You are not being objective here and stop equating other devlop countries to nigeria 1 Like |
Re: FG Implements 7.5% VAT On Diesel, Nigerians Kick by just2endowed: 12:27pm On Jun 20, 2023 |
wirinet: in lagos, agbero collect tax and went straight to mc olumo and his gangs pocket. 1 Like |
Re: FG Implements 7.5% VAT On Diesel, Nigerians Kick by Solababa91(m): 12:41pm On Jun 20, 2023 |
Tinubu just keeps strangulating the masses with no measure to cushion the effect of these hardship. Spear me all the blah, blah blah that he's making some plans underway, why not put the horse before the cart, why put the cart before the horse. 1 Like |
Re: FG Implements 7.5% VAT On Diesel, Nigerians Kick by Freethinker87: 1:01pm On Jun 20, 2023 |
This is what they mean when they say Tinubu increased IGR in Lagos. Nigerians will experience first-hand what Tinubu's idea of increasing IGR is. 2 Likes |
Re: FG Implements 7.5% VAT On Diesel, Nigerians Kick by michoim(m): 1:17pm On Jun 20, 2023 |
PerfectStranger:You can say that again...stealing from the poor yet claiming to be defender of the masses 1 Like |
Re: FG Implements 7.5% VAT On Diesel, Nigerians Kick by michoim(m): 1:18pm On Jun 20, 2023 |
Freethinker87:May God save the Nigerian masses from 'Cunning Tyranny'... 1 Like |
Re: FG Implements 7.5% VAT On Diesel, Nigerians Kick by oneman2k7: 1:21pm On Jun 20, 2023 |
Tilupu is on a final mission to completely kill Nigerians and some imbeciles are hailing him. 1 Like |
Re: FG Implements 7.5% VAT On Diesel, Nigerians Kick by toprealman: 1:35pm On Jun 20, 2023 |
BigBlackPreek:Developed countries own refineries, process their foods, have jobs, VAT is channelled into the economy. They operate like countries and practice true governance. 1 Like |
Re: FG Implements 7.5% VAT On Diesel, Nigerians Kick by GetSenseNow: 1:38pm On Jun 20, 2023 |
obonujoker:Hahahahahahhahahsahshahahah..... Stupid Nigerian 1 Like |
Re: FG Implements 7.5% VAT On Diesel, Nigerians Kick by mdimefields: 1:53pm On Jun 20, 2023 |
GetSenseNow:When I saw that comment, I laughed out so loud. Nigerians are funny sha 2 Likes |
Re: FG Implements 7.5% VAT On Diesel, Nigerians Kick by Phraences: 1:53pm On Jun 20, 2023 |
You can't make an omelette without breaking eggs. Unfortunately, the poor are the eggs that have to be broken for us to see a new Nigeria. The poor should pray to their creator for strength to survive the coming days. It is well. |
Re: FG Implements 7.5% VAT On Diesel, Nigerians Kick by Poske95(m): 2:04pm On Jun 20, 2023 |
BigBlackPreek: Countries where the taxes collected work. The rains always exposes cities like Lagos....check the roads. Sensible countries don't stifle the lower class for the upper. 1 Like |
Re: FG Implements 7.5% VAT On Diesel, Nigerians Kick by blueAgent(m): 2:10pm On Jun 20, 2023 |
pman06: Within 6months the idiot go they squat on the mandate 1 Like |
Re: FG Implements 7.5% VAT On Diesel, Nigerians Kick by OgaTheTop2: 2:51pm On Jun 20, 2023 |
BigBlackPreek: Task ko, work ni... |
Re: FG Implements 7.5% VAT On Diesel, Nigerians Kick by Shikini: 4:19pm On Jun 20, 2023 |
Chai ! |
Re: FG Implements 7.5% VAT On Diesel, Nigerians Kick by Streetdoctor: 4:21pm On Jun 20, 2023 |
Ddokie:Ahhhhhhhhh,dis ur comment calls for reflection of how some voted a drug baron and expect another thing |
Re: FG Implements 7.5% VAT On Diesel, Nigerians Kick by gare(f): 4:47pm On Jun 20, 2023 |
BigBlackPreek: Tax they will.loot very soon, payment of tax is not a problem, but are we going to see what the tax payments are done with, forget mandate election don finish 1 Like |
Re: FG Implements 7.5% VAT On Diesel, Nigerians Kick by Brushstrokes20: 4:57pm On Jun 20, 2023 |
from lifeless to druggie..... The shithole is from #fry pan to fire! |
Re: FG Implements 7.5% VAT On Diesel, Nigerians Kick by Agbegbaorogboye: 6:19pm On Jun 20, 2023 |
Eriokanmi:Unfortunately diesel is mostly for heavy duty and industrial usage not all those you listed. The trucks used for goods movement run with diesel. So do machines for factory work. Basically cost of producing goods and services is about to increase because VAT by its nature is to be paid by the final consumer. I really don't understand why Tinubu is doing this. Probably thinks he should take the hard and unfavorable steps first before he runs out of political capital |
Re: FG Implements 7.5% VAT On Diesel, Nigerians Kick by Geesaintagape: 7:04pm On Jun 20, 2023 |
Every Gang up against the poor shall scatter by fire 1 Like |
Re: FG Implements 7.5% VAT On Diesel, Nigerians Kick by Eriokanmi: 7:13pm On Jun 20, 2023 |
Agbegbaorogboye:For trucks , yes but for industries, nope. With the advent of electric engine automobiles, that challenge will soon be overcome. We have a manufacturer in Germany. They're located in far away BadEms where there's no electricity. They generate their own electricity via solar. They also sell to their government as thry generate in excess. Back home in Nigeria, the moment you pass the sagamu interchange, as if you're going to ibadan, you'd see heavy industries located on both sides of the highway. They depend on solar and inverter technology. Gone are the days when factories would install heavy machines that would be consuming electricity like food. Nowadays, technology has taken over. Most of the machineries are now built on robotics which consume less energy. Even in your home, im sure you dont have those 50w and 100w big eye bulbs anymore. Its LED cold light peppoe use now, very bright and consumes less electricity. Solar and inverter technology remain the best alternative to the overhyped electricity. I see a future where every city, state, schools will be generating their own electricity . The 2nd alternative is gas turbine technology but its capital intensive. If a state can invest in it, the ROI will be fast cos it meant for heavy users. That's what they use at the redemption camp. Since they invested in this, they've stopped burning diesel in thehr 40 units of heavy duty industrial generators. |
Re: FG Implements 7.5% VAT On Diesel, Nigerians Kick by Johncuppa(m): 10:59pm On Jun 20, 2023 |
DEBJOCH1:My God. I've been thinking about this tollgate of a thing. I thought I'm just mad thinking alone about it. I'm a yoruba living in Lagos. People didn't know what they voted for. Most shouting Yoruba ronu are living outside Lagos, thinking Lagos is working because of one good policy details different from taxation. |
Re: FG Implements 7.5% VAT On Diesel, Nigerians Kick by OChimex: 5:35am On Jun 21, 2023 |
PerfectStranger: Let him no allow them breath. In fact suffocate them, the ones who survive go get sense next time to vote wisely. Check all the places in Nigeria with more poor people, na them vote APC pass 1 Like |
Re: FG Implements 7.5% VAT On Diesel, Nigerians Kick by edoairways: 7:24am On Jun 21, 2023 |
adecz:Unfortunately that policy had been on the pipeline before this new administration |
Re: FG Implements 7.5% VAT On Diesel, Nigerians Kick by ceejay80s(m): 9:29am On Jun 21, 2023 |
BigBlackPreek: u are a thief just like them |
Re: FG Implements 7.5% VAT On Diesel, Nigerians Kick by worksmart(m): 10:51am On Jun 21, 2023 |
Meanwhile Tinubu votes N24bn for NAss members' accommodation PerfectStranger: |
Re: FG Implements 7.5% VAT On Diesel, Nigerians Kick by Tompson88: 10:55pm On Jun 21, 2023 |
Let the poor breeffff😂😂😂😂 abibox02: |
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