happney65:
I thought they tax them before now? Both state and FG.

Or is it tax free?

They tax the betting companies but not the end users aka, the gamblers.

Anyone bet won would be taxed if this proposal is implemented.

At least, Kenya does it. That I know.

Be like una dey craze. The Bet platforms no dey pay taxes already?

Chinjo2:
God punish APC government. Out of hopelessness and poverty, people have now resorted to gambling as their only hope and now FG is thinking of imposing tax on the industry.

Please I want to ask the muslims in the house if profit from gambling is Haram or not.

Betting itself is haram not to talk of the profit. However, why direct the question to the Muslims, does Christianity or Judaism supports same?

Back to you because I know you must one out of the 3?

It goes to show the high level of unemployment in the country...if not for gambling and yahoo cultism and social vices would have been on the highest level.

African leaders have really failed this continent!!...

All those people in Government need to die by FIRING SQUAD or choked in poisonous gas chambers for recommending this. Na to start dey attack these politicians physically na wetin remain.

maestro299:
If I'm getting you correctly, that means there are still countries in Europe and South America where bet earnings aren't being taxed?

Yes bro..

benardtotti:



Oga ! It is a proven fact Nigeria is under taxed , so where did you get your stats that Nigeria has high taxes ?,

For the poverty capital of the world?

What exactly did your govt do with the taxes they have collected?

Did tinubu not waste $500,000 on a newyork hotel in one week?

Or you think the money came from the air?

Which decent country can such happen and the president would not be impeached or face political consequences.?

Igbo smoking tax will soon follow

Tinubu has budgeted 6.5 billion naira to buy cars for the office of the first lady.

That's where those taxes are going to.

Isn't it better for those gaming companies to withhold those taxes and use the money to employ more people and pay more workers.?

Which of the two scenarios would be better for Nigeria?

A welcome development

Cruise777:


Lol

Youth empower and poverty eradication

9ja na cruise

since government are not ready to do anything for the youths except buying SUV for sanators.

Sonnobax15:

I really thank God for emancipating me from the shackles of betting......

Betting dey drag person dey go backward for life, especially when you come go get banny wey no dey understand join....

Wahala.

I bet but leisurely. I have a steady and legit hustle which I hope to make it from. Betting is more like relaxation for me.

MadarasBlade:


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?

megamank:


You did a very nice and correct analysis but Your last comment was too harsh and not absolutely correct… if all the indices and indication you have mentioned above are fully in place using the IGR don’t you think the standard of living in Nigeria will improve? The various government sectors improvement has serious effect on the prices of food stuff in the market…
Have you asked your self why market women sell more at the end of the month more than middle of the month?
Improved and well utilized IGR have effect on the economy directly and indirectly

lexy2014:

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?

caye:



Younger folks ...you can see the amount of mental gymnastics, deliberate misinformation and ignorance all inside one post by these "online economists".

Ask him to list a country, where high revenue doesn't lead to improved standard of living. He'll have nothing to say, because they are online propagandist being paid by a certain organisation.

Because a rich man has built house on a street with dirt road, no street lights, no street gardening e.t.c does not mean smooth road, street lights, street gardening will magically appear.

codemaniacs:

Because a rich man has built house on a street with dirt road, no street lights, no street gardening e.t.c does not mean smooth road, street lights, street gardening will magically appear.

you havent answered the question...

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?

Stupid gambler. Look at them blaming government for their gambling addictions.

Never still reach age of self accountability.

Taylor94:
He don carry come



Taxing taxing taxing that’s how he taxed Lagos to its knees


All the cocaine he sniffs who use to tax him?

And you dream of Japa-ing

One of the ways Govt generates revenue is through Taxation. You want Nigeria to look like US by avoiding taxes to the Government.

Bunch of jokers.

CSTRR:

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.

Because a rich man has built house on a street with dirt road, no street lights, no street gardening e.t.c does not mean smooth road, street lights, street gardening will magically appear.

Debts also have to be paid.

The reason why you are not benefiting a single thing from the IGR is because after all expenses, debts e.t.c has been paid there is no more money to give benefits to the indigenes and most indigenes already work in their respective state governments so they are already getting benefits.

Apart from indigenes benefits, I don't know who else you want to give benefits..

Taylor94:
He don carry come



Taxing taxing taxing that’s how he taxed Lagos to its knees


All the cocaine he sniffs who use to tax him?

You are mad. They've been doing this in Ghana since. You go just dey talk waaaaa. Isn't taxation how governments run? Mumu

lexy2014:
you havent answered the question...

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?

Debts also have to be paid.
Logistics expenses for governor, deputy governor and other executive government officials have to be paid.

The reason why you are not benefiting a single thing from the IGR is because after all expenses, debts e.t.c has been paid there is no more money to give benefits to the indigenes and most indigenes already work in their respective state governments so they are already getting benefits.

Apart from indigenes benefits, I don't know who else you want to give benefits..

codemaniacs:








Because a rich man has built house on a street with dirt road, no street lights, no street gardening e.t.c does not mean smooth road, street lights, street gardening will magically appear.

Your analogy is pure nonsense. Any money generated from tax systems that doesn't benefit the entire populace is of no use.

MadarasBlade:


Your analogy is pure nonsense. Any money generated from tax systems that doesn't benefit the entire populace is of no use.

Debts also have to be paid.
Logistics expenses for governor, deputy governor and other executive government officials have to be paid.

The reason why you are not benefiting a single thing from the IGR is because after all expenses, debts e.t.c has been paid there is no more money to give benefits to the indigenes and most indigenes already work in their respective state governments so they are already getting benefits.

Apart from indigenes benefits, I don't know who else you want to give benefits.

The salary you get why aren't your extended family members benefiting from it, why aren't the poor people around you benefiting from it

How can 68M people spend $15 daily on betting when an average Nigerian spends $2 daily on feeding?

codemaniacs:


Debts also have to be paid.
Logistics expenses for governor, deputy governor and other executive government officials have to be paid.

The reason why you are not benefiting a single thing from the IGR is because after all expenses, debts e.t.c has been paid there is no more money to give benefits to the indigenes and most indigenes already work in their respective state governments so they are already getting benefits.

Apart from indigenes benefits, I don't know who else you want to give benefits..

I didnt ask you for the reason for anything. I asked if you say high IGR doesnt equal improved standard of living of everyone, what then is the essence of the high IGR?

lexy2014:


I didnt ask you for the reason for anything. I asked if you say high IGR doesnt equal improved standard of living of everyone, what then is the essence of the high IGR?

Same as high profits for a private business means improved standard of living of it's employees due salary increase, bonus increase, pension increase e.t.c

High IGR of any level of government means improved standard of living of it's employees..

codemaniacs:


Same as high profits for a private business means improved standard of living of it's employees due salary increase, bonus increase, pension increase e.t.c

High IGR of any level of government means improved standard of living of it's employees..

what is profit and what is IGR?

where does IGR come from?

where does profit come from?

lexy2014:


what is profit and what is IGR?

where does IGR come from?

where does profit come from?

Ask Goo;gle..

codemaniacs:


Ask Goo;gle..

did you ask google before you said this?

codemaniacs:


Same as high profits for a private business means improved standard of living of it's employees due salary increase, bonus increase, pension increase e.t.c

High IGR of any level of government means improved standard of living of it's employees..

since u know that d answer to my questions are on google, then u shouldnt find it difficult answering the following

what is profit and what is IGR?

where does IGR come from?

where does profit come from?

nedu666:
Govt officials just drop all manner of useless statistics. How can 65 million Nigerians spend 15 dollars everyday on betting. By implication each person spends 540,000 every month and 6.5 million every year. Is govt trying to say 65 million people earn more than 6.5 million every year considering other daily expenses have not been factored in. Na wa

That's exactly what they are saying.

This is one of the disadvantages of using statistics especially one with a suspicious population figure.

na wa oo, so people still get money to splash on betting?

it's not surprising though, they go soon start to tax us students

Omooba77:


https://www.thecable.ng/65m-nigerians-spend-15-daily-on-betting-fg-proposes-gaming-industry-tax-scheme/amp

Long over due