The Federal Inland Revenue Service (FIRS) shall embark on a nationwide VAT and WHT Compliance monitoring exercise with effect from Monday, October 23, 2023.

Looking for income is good,but are you going to use for the betterment of the masses

Ok

They should also look into reducing the percentage of taxation, 7.5% for VAT is quite enormous

.

They have started

Tinubu and Lagos taxation prototype doings..

ok










I still sell affordable laptops and phones

Details on my signature

Hmmm

Best way to go.

God have mercy on us in this country oh!

Money to private accounts

Revenue have never been nigeria's problem

The real question is how have they been utilised?

eBola looking for funds to loot like mad

provide a robust economy first before wanting to tax out people.
the little profit businesses make today are thrown into exorbitant prices of relevant commodities including the essentials that keeps the business running.

Hv

The government is extremely quick to implement anything that will remove money from the pockets of the common man but it will take them years to implement anything that will help the common man.

Subsidy was removed on the very day this government assumed office, but up till now, they are still "deliberating" and borrowing funds to cushion the effect of same Subsidy removal.

Subsidy was removed on electricity since early 2020 but till date, power has taken even a worse turn. Chai

The minister for works has been saying that hundreds of roads has been approved but they are all in the papers. Our roads are just death traps

Noted

Standard Tinubu MO - tax the people to the max and boast about increased IGR!

Chuknovski:
They should also look into reducing the percentage of taxation, 7.5% for VAT is quite enormous

Quite low if you ask me

VAT on locally produced goods and other essentials should be reduced to 2% while same should be increased to 10% for imported non essential and luxury goods

Okay o. We dey wait for una monitor lizards

Is Tinubu the head of FIRS??He appointed someone there and the person woulr carry out his duty!

BoldBrainz:
Tinubu and Lagos taxation prototype doings..

crossbreedwears:
Is Tinubu the head of FIRS??He appointed someone there and the person woulr carry out his duty!

I'm glad you remembered that "He appointed" the head of FIRS.

So his Tinubu the one giving orders or policy? Na sentiment go kill us for this country

BoldBrainz:


I'm glad you remembered that "He appointed" the head of FIRS.

Good one, but how how many average Nigerians have money to pay taxes?

crossbreedwears:
So his Tinubu the one giving orders or policy? Na sentiment go kill us for this country

Noo. The FIRS boss formulates policies in his bedroom and implements them without recourse to his boss in Aso rock.

In your bid to sound smart by half, you're starting to smear the thread with your ignorance.

The President has the right not to agree to some policy but also will buy the idea of a well experienced person

BoldBrainz:


Noo. The FIRS boss formulates policies in his bedroom and implements them without recourse to his boss in Aso rock.

In your bid to sound smart by half, you're starting to smear the thread with your ignorance.

crossbreedwears:
The President has the right not to agree to some policy but also will buy the idea of a well experienced person

Sounds like you just agreed with me even.