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Nairaland Forum / Nairaland / General / Business / 65m Nigerians Spend $15 Daily On Betting’ — FG Proposes Gaming Industry Tax (19670 Views)
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Re: 65m Nigerians Spend $15 Daily On Betting’ — FG Proposes Gaming Industry Tax by benardtotti(m): 11:00pm On Oct 31, 2023 |
Omooba77: I thought they said over half the population live on less than $1 a day ? I have always disputed that figure , this betting stats has once again vindicated my logic that most Nigerians are really not under poverty level. |
Re: 65m Nigerians Spend $15 Daily On Betting’ — FG Proposes Gaming Industry Tax by nototribalist: 11:01pm On Oct 31, 2023 |
when i have made up my mind to join stake.com 1 Like |
Re: 65m Nigerians Spend $15 Daily On Betting’ — FG Proposes Gaming Industry Tax by MadarasBlade(m): 11:01pm On Oct 31, 2023 |
codemaniacs: Which quality social amenities have the so-called Tax/IGR system provided to the common man, abi only a few are meant to benefit from the Tax system? |
Re: 65m Nigerians Spend $15 Daily On Betting’ — FG Proposes Gaming Industry Tax by CSTRR: 11:01pm On Oct 31, 2023 |
What has the Nigerian govt contributed to the gaming industries that they want to tax? To give tinubu more money to waste on newyork hotels or to buy luxurious cars for corrupt lawmakers.? What's the essence of the taxes we pay? 4 Likes |
Re: 65m Nigerians Spend $15 Daily On Betting’ — FG Proposes Gaming Industry Tax by benardtotti(m): 11:05pm On Oct 31, 2023 |
codemaniacs: Leave them, many of them don't understand basic economics and public administration. |
Re: 65m Nigerians Spend $15 Daily On Betting’ — FG Proposes Gaming Industry Tax by CSTRR: 11:06pm On Oct 31, 2023 |
codemaniacs:A high IGR should mean improved standard of living for everyone. States and countries with high taxes have high standard of living and a strong welfare system. Unemployed people get welfare from the state. From the UK, Finland, France, Sweden, Germany, America, to even south Africa here. High IGR leads to more welfare benefits. The igr is coming from taxes and taxes are supposed to make life better for the majority. That's how it's any where in the world. iGR is not for igr sake. High IGR means more social welfare and benefits. The reason why you are not benefiting a single thing from the IGR is because one baba somewhere and his boys has cornered the majority of the funds. 4 Likes |
Re: 65m Nigerians Spend $15 Daily On Betting’ — FG Proposes Gaming Industry Tax by Goalnaldo(m): 11:07pm On Oct 31, 2023 |
Only today in fact few hours ago, I don lose 2600. Two of my inplay games cut by one. Same story from on Sunday. I no know who I offend 1 Like |
Re: 65m Nigerians Spend $15 Daily On Betting’ — FG Proposes Gaming Industry Tax by Helinus: 11:09pm On Oct 31, 2023 |
They want to bill betting companies and use the money to buy new SUVs and fvck ashawo in New York Not as if they would use the Money for the benefit of Nigerians. 2 Likes |
Re: 65m Nigerians Spend $15 Daily On Betting’ — FG Proposes Gaming Industry Tax by lexy2014: 11:09pm On Oct 31, 2023 |
codemaniacs:as some one who is literate, if you say high IGR doesnt equal improved standard of living of everyone, what then is the essence of the high IGR? |
Re: 65m Nigerians Spend $15 Daily On Betting’ — FG Proposes Gaming Industry Tax by CSTRR: 11:12pm On Oct 31, 2023 |
benardtotti:You are supporting a clown that is vomiting wrong economic theories that's only true in a banana republic like Nigeria. That's the kind of argument a corrupt politician in Nigeria would say. In which country in the world do you see where high taxes are paid and there is no single welfare benefits for the poor, aged and the unemployed? Just give me one. 2 Likes |
Re: 65m Nigerians Spend $15 Daily On Betting’ — FG Proposes Gaming Industry Tax by lexy2014: 11:12pm On Oct 31, 2023 |
benardtotti: you are a scholar. since you "understand basic economics and public administration", can you pls explain using "basic economics and public administration" how high IGR is not meant to improve the living standard of the people |
Re: 65m Nigerians Spend $15 Daily On Betting’ — FG Proposes Gaming Industry Tax by bigiyaro(m): 11:14pm On Oct 31, 2023 |
So no more petro-dollars to loot again, FG is forming this demonic lies to get thier long dirty fingers on gambling money. 65 million Nigerians spending about 18k everyday on gambling...this lie weak me. 4 Likes |
Re: 65m Nigerians Spend $15 Daily On Betting’ — FG Proposes Gaming Industry Tax by CorperKola: 11:15pm On Oct 31, 2023 |
Very soon, Tinubu will tax oxygen 1 Like |
Re: 65m Nigerians Spend $15 Daily On Betting’ — FG Proposes Gaming Industry Tax by wittywriter: 11:17pm On Oct 31, 2023 |
benardtotti:The NLer @benardtotti is a Confirmed Illiterate. CSTRR: lexy2014: Wittyness. |
Re: 65m Nigerians Spend $15 Daily On Betting’ — FG Proposes Gaming Industry Tax by Babalola0920: 11:19pm On Oct 31, 2023 |
Make sense alot of responsible looking people are gambler that shit need to be address ! 1 Like |
Re: 65m Nigerians Spend $15 Daily On Betting’ — FG Proposes Gaming Industry Tax by YourKarma: 11:23pm On Oct 31, 2023 |
hahahahahahahahahaha.....the government is shocked that you guys still have money to bet despite the harsh economy they've imposed on y'all, and so they want to tax bets so you'll pay additional 200 naira when you place a bet of 1k. I mean....how dare y'all have money to bet? Una dey craze? 4 Likes |
Re: 65m Nigerians Spend $15 Daily On Betting’ — FG Proposes Gaming Industry Tax by YourKarma: 11:24pm On Oct 31, 2023 |
Babalola0920:Shattap Dia!!! Na your money dem dey use gamble? 2 Likes |
Re: 65m Nigerians Spend $15 Daily On Betting’ — FG Proposes Gaming Industry Tax by ufotunang: 11:26pm On Oct 31, 2023 |
Lazy people in government...they want to generate money from people that bet and the company... since they have no idea on how to generate revenue forex into the country... nawaoooo 🙄 1 Like |
Re: 65m Nigerians Spend $15 Daily On Betting’ — FG Proposes Gaming Industry Tax by ufotunang: 11:27pm On Oct 31, 2023 |
Lazy people in government...all they know is to tax the poor nigerians..but cannot provide a good life and good standard of living for nigerians |
Re: 65m Nigerians Spend $15 Daily On Betting’ — FG Proposes Gaming Industry Tax by YourKarma: 11:29pm On Oct 31, 2023 |
benardtotti:Yes, we must push them below poverty line. Those silly nigerians even have money to bet, can you imagine that? What rubbish! Up APC!!! |
Re: 65m Nigerians Spend $15 Daily On Betting’ — FG Proposes Gaming Industry Tax by Bigchristo: 11:33pm On Oct 31, 2023 |
Omooba77:Ok na y’all will learn in a hard way… shege pro max for everybody |
Re: 65m Nigerians Spend $15 Daily On Betting’ — FG Proposes Gaming Industry Tax by Illegal1(m): 11:34pm On Oct 31, 2023 |
Taylor94:omoh............senior man,u go use laff finish me for dis place |
Re: 65m Nigerians Spend $15 Daily On Betting’ — FG Proposes Gaming Industry Tax by Apel147(m): 11:43pm On Oct 31, 2023 |
Obi still no go still enter villa😜😜😜😜 All hail the online president of the republic of olodobidients😜😜😜😜😜😜 Taylor94: 1 Like |
Re: 65m Nigerians Spend $15 Daily On Betting’ — FG Proposes Gaming Industry Tax by Tradman: 12:06am On Nov 01, 2023 |
kokoA:Chairman small small the consume ewedu |
Re: 65m Nigerians Spend $15 Daily On Betting’ — FG Proposes Gaming Industry Tax by jonnieoneng: 12:06am On Nov 01, 2023 |
Omooba77: Why is the APC Government pushing Nigerians against the Wall? You didn't provide employment for Nigerians! You went ahead to make policies that has made the Prices of Everything to raise uncontrollably. Nigerians now resorted to Gambling as a legitimate means of creating an employment or spendable money for themselves, you are now saying you will introduce Gaming Taxes? APC, una dey look for Nigerians Wahall o! |
Re: 65m Nigerians Spend $15 Daily On Betting’ — FG Proposes Gaming Industry Tax by benardtotti(m): 12:08am On Nov 01, 2023 |
CSTRR: Oga ! It is a proven fact Nigeria is under taxed , so where did you get your stats that Nigeria has high taxes ?,
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Re: 65m Nigerians Spend $15 Daily On Betting’ — FG Proposes Gaming Industry Tax by FOLYKAZE(m): 12:18am On Nov 01, 2023 |
OkCornel: This is nothing new. If you have used betsite from other African countries like Ghana and Kenya, you would have known that their Government tax them heavily on stakes and winning. This applies to South Africa, Zimbabwe, Rwanda, Zambia, etc. I know this because I engage bettors from African countries and Europe everyday and see their tickets. In Kenya for example, Government charge 5% on stakes and 20% on winnings. Meaning if you stake a game with 1,000ksh, your actual stake is 950ksh. And if you win a 10 odds game with that 950ksh, your actual winning is 7,600. This implies Kenya Government have taken away 2,400ksh as tax. This varied with Nigeria where bettors would win actual 10,000 naira for staking 1,000 naira on 10 odds. All the bet sites in Kenya from Betika to Sportybet or betpawa or charge heavily on stakers there. Only 1xbet doesn't tax them but one has to own a paypal or skrill to operate it. This applies to stakers in Ghana too. You can ask anyone from Ghana how they operate there. In Turkey, Government only charge 5% on withdrawal of winnings. The popular bet there is betelephant. But none of this applies to Nigerian. Some of my friends in Kenya and Ghana, I help them register those bet accounts, and Opay. Then they get their money without tax using eversend... This is how we operate under radar. Should Government start taxing betsite in Nigeria, that mean we will move to Europe or South America. Na dem go tire.. In all honesty, Nigerians are enjoying. We live in an almost free tax nation. The Government should just look elsewhere and not add a burden on the citizens. If they increase tax on the betting site, those companies can easily transfer the burden on their customers. 3 Likes |
Re: 65m Nigerians Spend $15 Daily On Betting’ — FG Proposes Gaming Industry Tax by Saidfx(m): 12:23am On Nov 01, 2023 |
Chinjo2: 100% Haram but we are all responsible for our deeds. Sex before marriage is sin and I can't allow a fresh teenage girl around me because I ain't hypocrite. I'm flesh 2 Likes |
Re: 65m Nigerians Spend $15 Daily On Betting’ — FG Proposes Gaming Industry Tax by Kingzjayzee: 12:55am On Nov 01, 2023 |
Taylor94: |
Re: 65m Nigerians Spend $15 Daily On Betting’ — FG Proposes Gaming Industry Tax by hkidola00(m): 1:20am On Nov 01, 2023 |
kokoA:good and brilliant question |
Re: 65m Nigerians Spend $15 Daily On Betting’ — FG Proposes Gaming Industry Tax by hkidola00(m): 1:24am On Nov 01, 2023 |
codemaniacs: codemaniacs:wait court |
Re: 65m Nigerians Spend $15 Daily On Betting’ — FG Proposes Gaming Industry Tax by OlujobaSamuel: 1:27am On Nov 01, 2023 |
codemaniacs:Finally found someone with similar view. The companies are taxed heavily already, they want to start taxing lottery winners which is wrong, how about when losses are made, who compensate the stakers? Lottery winnings generally are tax exempt because it's never an investment for the stakers but a gamble |
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