id4sho:
Una Papa, Dem don come again with another one. From Fuel subsidy, naira floating, electricity, high institutions

And now VAT

All this Bretton woods institutions allied organization are enforcing NEOCOLONIALISM

When you don’t have a leader people who want to see you fail for they own gain will give you useless advice.
Just watch soon Dey will increase the VAT .

All these people don't care about peace in Nigeria.

Unfortunate people. They haven't said anything about the corruption in our government, hardship in the country but they're talking about the VAT. They will never know peace

They know our leaders are stupid and totally bereft of ideas that's why they keep giving these atrocious and wicked recommendations to keep the people in hunger and perpetual poverty so the nation will be perpetually underdeveloped. O how I wish we have leaders that can see through their wicked plans

Apparently the EU can't read the room and need to take their claws off their formal colonies for good.

They didn't see that minimum wage is very poor
They didn't see that there is poor supply of electricity
They didn't see that there is no justice in the country where politicians steal public funds and get away with it

mrvitalis:

What does EU wants from Nigeria that they can't get? Smh

Nigeria VAT should be 15% and should be paid at the point of consumption not production so each state cab collect their VAT themselves

Based on the present realities no need to touch there. see Nigeria is Blessed with both natural and Human resources beyond measure but poor Leadership greed and nepo-ethnocentric politics will not allow them focus and get the best. Let no leader whether political or otherwise down play this known fact.



Most middle East nations do not tax both to foreigners and citizens. what are they doing that we are not?


This is a food for thought.

VAT is low. EU/ECOWAS so you can't talk about our minimum wage. You guys are 😈 devils.

okeyley:



Based on the present realities no need to touch there. see Nigeria is Blessed with both natural and Human resources beyond measure but poor Leadership greed and nepo-ethnocentric politics will not allow them focus and get the best. Let no leader whether political or otherwise down play this known fact.



Most middle East nations do not tax both to foreigners and citizens. what are they doing that we are not?


This is a food for thought.

Name the resources u have

okeyley:
Imagine an outsider whose plan to make you a perpetual beggar telling you how bad your efforts to keep your family in peace is.




That's what the EU is doing in this scenario

Leave the idiots

I hope you all know that in Nigeria, all VAT is collected by FG, then shared across the states. So states like Lagos, Anambra, Edo, Rivers..end up subsidising states like Ekiti, Gombe, Zamfara.

But minimum wage is not below the ideal.



Idiots 🙄

Dem don come again oo. All these nonsense foreign invaders. That's how they deceived Tinubu to remove subsidy and float the niara and since then Nigeria has never know peace

VAT in Nigeria is very low. It is five per cent for everything which does not allow for proper generation of revenue...

A big organisation like this could not get accurate info? VAT is 7.5% in Nigeria, please.

mrvitalis:
Name the resources u have

Is it as an Individual or as a state or a region or as a country

They’re mad for saying that,things are expensive enough as it is now then add vat…may god punish anyone that is suggesting that

okeyley:









Is it as an Individual or as a state or a region or as a country

A a country name them.. The quantity then divide by 200 million

mrvitalis:

A a country name them.. The quantity then divide by 200 million

There is state in Nigeria that does not have atleast a mineral resources in commercial quantities with arable lands for agriculture.






For human capital there is no state that its productive adults are not more than 500,000.



The question should be how do you harness this quantities of natural and human resources to be productive.



Agriculture alone can give Nigeria over 1 trillion Dollars with the right Leadership and harnessing of human capital resources within 5 years. you can bookmark this quote.



The annual revenue of each state should not be less than atleast $10 billion if they were very serious.


Nigeria have the potential of being a 10 trillion dollar economy in the next 25 years if we have the right Leadership

okeyley:




There is state in Nigeria that does not have atleast a mineral resources in commercial quantities with arable lands for agriculture.






For human capital there is no state that its productive adults are not more than 500,000.



The question should be how do you harness this quantities of natural and human resources to be productive.



Agriculture alone can give Nigeria over 1 trillion Dollars with the right Leadership and harnessing of human capital resources within 5 years. you can bookmark this quote.



The annual revenue of each state should not be less than atleast $10 billion if they were very serious.


Nigeria have the potential of being a 10 trillion dollar economy in the next 25 years if we have the right Leadership

Having resources is one, having resources that's economically viable to extract at a comparative advantaged point is another thing ... That's complex economics


Lol agriculture $10 trillion dollars? ... Ok let's take .. Ok let's take agricultural

Please how exactly do you want government to earn money from Agriculture?

1) you want government to acquire peoples land and farm it?
2) you want government to tax farmers?

Let take it step by step

How exactly would a government generate revenue from agriculture

Exact reason they supported the current government....they got the number 1 by the balls!

mrvitalis:


Having resources is one, having resources that's economically viable to extract at a comparative advantaged point is another thing ... That's complex economics


Lol agriculture $10 trillion dollars? ... Ok let's take .. Ok let's take agricultural

Please how exactly do you want government to earn money from Agriculture?

1) you want government to acquire peoples land and farm it?
2) you want government to tax farmers?

Let take it step by step

How exactly would a government generate revenue from agriculture

1. you quoted me out of context i said Agricultural potential of Nigeria is about 1 trillion dollars


2. the 10 trillion dollars i was talking of is in the long term and it is for the whole economy.


For the questions you asked.


1.Federal Government owns all the Lands in Nigeria through the Land use act of 1978 which is enshrined in the Constitution but can be administered through the states. so government can influence the use of any land it deems fit for the general good of the citizens which includes food security

2. In as much as i am an advocate of a welfarist state which Nigeria is one. In statehood, nationhood and citizenship. it component have a duty to play one of which include that the state gives security and welfare of the citizens while the citizens are expected to cooperate by paying taxes.

Now whenever one party fails in her obligations expect a chaotic situation which breeds lack of trust based on the expected duties of the parties involved.



So Farmers and every other productive citizens are expected to pay their taxes. but of course not the leaking coffers of the present Leadership that. have failed to protect the citizenry.

Now to the revenue generation part it is not difficult for the government when they have done their own part of the bargain. Taxes and export duties comes handy because it is a producing nation. Revenue drive or generation is not difficult if government lives upto her obligations

But of a true Nigeria is a wealthy Nation i want you to know that

okeyley:




1. you quoted me out of context i said Agricultural potential of Nigeria is about 1 trillion dollars


2. the 10 trillion dollars i was talking of is in the long term and it is for the whole economy.


For the questions you asked.


1.Federal Government owns all the Lands in Nigeria through the Land use act of 1978 which is enshrined in the Constitution but can be administered through the states. so government can influence the use of any land it deems fit for the general good of the citizens which includes food security

2. In as much as i am an advocate of a welfarist state which Nigeria is one. In statehood, nationhood and citizenship. it component have a duty to play one of which include that the state gives security and welfare of the citizens while the citizens are expected to cooperate by paying taxes.

Now whenever one party fails in her obligations expect a chaotic situation which breeds lack of trust based on the expected duties of the parties involved.



So Farmers and every other productive citizens are expected to pay their taxes. but of course not the leaking coffers of the present Leadership that. have failed to protect the citizenry.

Now to the revenue generation part it is not difficult for the government when they have done their own part of the bargain. Taxes and export duties comes handy because it is a producing nation. Revenue drive or generation is not difficult if government lives upto her obligations

But of a true Nigeria is a wealthy Nation i want you to know that

U said nothing

Answer my question

Thunder fire them all

Morbeta11:
https://punchng.com/vat-in-nigeria-very-low-eu-ecowas/

stupid people, why don't you complain about our minimum wage.

mrvitalis:
U said nothing
Answer my question

Whatsoever cooks your food

What have they done with the little they have been collecting, show us, please make una leave us alone, we no need una advice anymore

All these foreign dignitaries are always pointing at the masses & not at the atrocities our leaders are committing. Their policies are always to make life more unbearable for the common man.

Anashe:
Apparently the EU can't read the room and need to take their claws off their formal colonies for good.

What do you expect from western European savages.