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EIU Report: FG To Raise VAT To 15% By 2027 To Fund Fiscal Deficit - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / EIU Report: FG To Raise VAT To 15% By 2027 To Fund Fiscal Deficit (3228 Views)

Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU / Ahmed: FG Plans To Raise VAT To 7.5% By 2020 / FG Urged To Raise VAT To 7% (2) (3) (4)

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Re: EIU Report: FG To Raise VAT To 15% By 2027 To Fund Fiscal Deficit by StaffofOrayan(m): 12:03pm On Mar 19
Where is seimens power sef?
Re: EIU Report: FG To Raise VAT To 15% By 2027 To Fund Fiscal Deficit by Exceed15: 12:34pm On Mar 19
You are a wicked person if you voted APC ... See the Renewed hope he promised u.. I don't why some people are so easily deceived. Tinubu till 2098 o.
Re: EIU Report: FG To Raise VAT To 15% By 2027 To Fund Fiscal Deficit by Blazetrailer: 3:53pm On Mar 19
...cant believe this was typed by an adult..


Bullfallo:
..oh it’s no longer the subsidy money and dollar subsidy. Its now tax? When you increase vax it end up worsening the inflation. Service and product will increase price in the same country where some states haven not implemented the 30k 15$ monthly minimum wages.

A growing country is a threat to western countries that why they want every country down. But the Chinese have the balls to stand on there own. Africans are just too weak and inferior to every other race
Re: EIU Report: FG To Raise VAT To 15% By 2027 To Fund Fiscal Deficit by Blazetrailer: 3:54pm On Mar 19
comprehension problem here...
yang:
This people just pulled a forecast out of their ass and printed the rubbish


On a trade weighted basis the 1 USD should be trading at 7000 NGN in the next 18 months

Just to point at some erronous assumptions/conclusions from this report

You expect a tighter monetary policies





You expect a rise in Debt to GDP and implicitly a huge rise in printed money supply (Fuel subsidy, Thiefinibiu and AKpabio budget padding, APC corruption, unproductive bloated civil servants and govt agency (minus health and education workers))



but are modelling a drop in inflation to 11.7%




How do you drop inflation when the goverment is printing money every year with a bloated budget to fund a criminal lifestyle through bpersistent devaluation. You do not account for the desinvestment occuring at the moment, where is the fiscal revenue going to come from



How are the forex reserves going to rise with no investment? Either in the Oil and Gas or the manufacturing sector ? This report neither accounts for the FX forwards or the Oil and Gas forwards, these are the criminal contracts signed to steal future money from the Zoo Nigeria treasury


Re: EIU Report: FG To Raise VAT To 15% By 2027 To Fund Fiscal Deficit by devmantic(m): 10:51pm On Mar 19
Padding budget and yet raising VAT. What a joke of a country sad.

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