Corruption is getting worse in Nigeria, according to the latest corruption perception index (CPI) released by Transparency International (TI) seen by TheCable.
While the country scored 27/100 and was ranked 136th in 2016, the latest CPI scores Nigeria 27 with a rank of 148 — a significant 12 places below where it was the previous year.
This will come as a blow to the President Muhammadu Buhari administration who came into office on the strength of his anti-corruption credential.
Although the administration has put many suspects on trial and seized assets of politicians and government officials, it has also been accused of condoning corrupt practices by top government officials.
The index, which ranks 180 countries and territories by their perceived levels of public sector corruption in the opinion of experts and business people, uses a scale of 0 to 100, where 0 is highly corrupt and 100 is very clean, according to TI. More to follow..
Racoon: There is no one in the Buhari regime who isn’t stealing astronomical amounts of money and luxuriating in epicurean pleasures while the vast majority of the people slide deeper into punishingly crushing poverty. The only "honest" person in the regime is the uncaught one.
An emergent & increasingly defining feature of the regime is that its honchos entertain the country with whirlingly blinding accusations & counter accusations of eyewatering corruption against each other.
Abubakar Malami says Ibrahim Magu is an unconscionable “relooter” of recovered loot,while Magu says Malami is a worse crook than he is.And that in addition to his crookedness, he abuses his position to featherbed his corrupt friends.
From the Ministry of Power to the Ministry of Works, from the Ministry of Humanitarian Affairs to the Ministry of Finance, from the NSITF to the NDDC, from the North-East Development Commission (NEDC) (where N100 billion “vanished in one year”) to everything in between, corruption is prowling menacingly unchallenged.
People who made pious noises about probity and morality, who rode to popularity on the strength of their preaching against the comparatively smaller corruption of past administrations, are now neck-deep in the nadir of some of the worst forms of venality we have seen in the country.
Now people are desensitized to news of corruption. Everyone has concluded that the Buhari regime will go down in the records as the most malodorous manure for corruption in Nigeria. Most people think it’s ironic that corruption is thriving profusely in the government of a man who likes to superfluously draw attention to his putative intolerance of corruption, who claims to embody “integrity,” and who promised to make Nigeria’s governmental soil infertile for graft.
Well, people who are astonished by the malodor of corruption that’s wafting from every crevice of the regime haven’t been paying attention to Buhari’s character. Since 2016 when it wasn’t popular to do so, I have called Nigerians’ attention to a major character flaw in Buhari that conduces to the luxuriation of corruption.
For instance, in a December 24, 2016 column titled, “Tragicomedy of a Corrupt ‘Anti-Corruption’ Government,” I wrote the following: “In spite of the awful performance of the Buhari government on the economic front so far, it was usual for people to say that the one thing that was still going for the government was the president’s integrity and intolerance of corruption. No more.
“The past few weeks have shown that the president isn’t the anti-corruption crusader Nigerians thought he was. Both the optics and the substance of his ‘anti-corruption’ fight would go down in the annals, at least so far, as the most brazenly compromised and selective since the restoration of democratic rule in 1999.
“As corrupt as the Jonathan administration was, it was once railroaded by the force of public opinion to ‘accept the resignation’ of former Aviation Minister Mrs. Stella Odua over her controversial purchase of BMW armored cars worth $1.6 million. Even Obasanjo, not exactly an apotheosis of integrity, fired a number of his ministers accused of corruption.
“But a man who rode to power on the strength of his credentials as a dogged anti-corruption fighter is looking the other way when his close aides are accused of corruption.
The president, it’s now obvious, is only interested in fighting corruption if only his political opponents are the accused.So we have graduated from ‘stealing is not corruption’ under Jonathan to a state of corruption is not corruption when the people accused of it belong to the president's ‘anointed.’
“Firm, undeniable evidentiary proofs of Gen. Tukur Yusuf Buratai's alleged corruption have been published. So have Lt. Gen. Abdulrahman Dambazzau's, and now Babachir David Lawal's. Rotimi Amaechi has been accused of bribing judges, and Abba Kyari has been accused of accepting a N500 million-naira bribe from MTN, among others.
“The president’s first public reaction to allegations of ethical impropriety against his associates was to defend them, a privilege he doesn’t extend to others. ‘Terrible and unfounded comments about other people’s integrity are not good,’ he said through his media adviser. ‘We are not going to spare anybody who soils his hands, but people should please wait till such individuals are indicted.’
Corruption is getting worse in Nigeria, according to the latest corruption perception index (CPI) released by Transparency International (TI) seen by TheCable.
While the country scored 27/100 and was ranked 136th in 2016, the latest CPI scores Nigeria 27 with a rank of 148 — a significant 12 places below where it was the previous year.
This will come as a blow to the President Muhammadu Buhari administration who came into office on the strength of his anti-corruption credential.
Although the administration has put many suspects on trial and seized assets of politicians and government officials, it has also been accused of condoning corrupt practices by top government officials.
The index, which ranks 180 countries and territories by their perceived levels of public sector corruption in the opinion of experts and business people, uses a scale of 0 to 100, where 0 is highly corrupt and 100 is very clean, according to TI. More to follow..
Racoon: There is no one in the Buhari regime who isn’t stealing astronomical amounts of money and luxuriating in epicurean pleasures while the vast majority of the people slide deeper into punishingly crushing poverty. The only "honest" person in the regime is the uncaught one.
An emergent & increasingly defining feature of the regime is that its honchos entertain the country with whirlingly blinding accusations & counter accusations of eyewatering corruption against each other.
Abubakar Malami says Ibrahim Magu is an unconscionable “relooter” of recovered loot,while Magu says Malami is a worse crook than he is.And that in addition to his crookedness, he abuses his position to featherbed his corrupt friends.
From the Ministry of Power to the Ministry of Works, from the Ministry of Humanitarian Affairs to the Ministry of Finance, from the NSITF to the NDDC, from the North-East Development Commission (NEDC) (where N100 billion “vanished in one year”) to everything in between, corruption is prowling menacingly unchallenged.
People who made pious noises about probity and morality, who rode to popularity on the strength of their preaching against the comparatively smaller corruption of past administrations, are now neck-deep in the nadir of some of the worst forms of venality we have seen in the country.
Now people are desensitized to news of corruption. Everyone has concluded that the Buhari regime will go down in the records as the most malodorous manure for corruption in Nigeria. Most people think it’s ironic that corruption is thriving profusely in the government of a man who likes to superfluously draw attention to his putative intolerance of corruption, who claims to embody “integrity,” and who promised to make Nigeria’s governmental soil infertile for graft.
Well, people who are astonished by the malodor of corruption that’s wafting from every crevice of the regime haven’t been paying attention to Buhari’s character. Since 2016 when it wasn’t popular to do so, I have called Nigerians’ attention to a major character flaw in Buhari that conduces to the luxuriation of corruption.
For instance, in a December 24, 2016 column titled, “Tragicomedy of a Corrupt ‘Anti-Corruption’ Government,” I wrote the following: “In spite of the awful performance of the Buhari government on the economic front so far, it was usual for people to say that the one thing that was still going for the government was the president’s integrity and intolerance of corruption. No more.
“The past few weeks have shown that the president isn’t the anti-corruption crusader Nigerians thought he was. Both the optics and the substance of his ‘anti-corruption’ fight would go down in the annals, at least so far, as the most brazenly compromised and selective since the restoration of democratic rule in 1999.
“As corrupt as the Jonathan administration was, it was once railroaded by the force of public opinion to ‘accept the resignation’ of former Aviation Minister Mrs. Stella Odua over her controversial purchase of BMW armored cars worth $1.6 million. Even Obasanjo, not exactly an apotheosis of integrity, fired a number of his ministers accused of corruption.
“But a man who rode to power on the strength of his credentials as a dogged anti-corruption fighter is looking the other way when his close aides are accused of corruption.
The president, it’s now obvious, is only interested in fighting corruption if only his political opponents are the accused.So we have graduated from ‘stealing is not corruption’ under Jonathan to a state of corruption is not corruption when the people accused of it belong to the president's ‘anointed.’
“Firm, undeniable evidentiary proofs of Gen. Tukur Yusuf Buratai's alleged corruption have been published. So have Lt. Gen. Abdulrahman Dambazzau's, and now Babachir David Lawal's. Rotimi Amaechi has been accused of bribing judges, and Abba Kyari has been accused of accepting a N500 million-naira bribe from MTN, among others.
“The president’s first public reaction to allegations of ethical impropriety against his associates was to defend them, a privilege he doesn’t extend to others. ‘Terrible and unfounded comments about other people’s integrity are not good,’ he said through his media adviser. ‘We are not going to spare anybody who soils his hands, but people should please wait till such individuals are indicted.’
DonPrezons: Everytime southern Nigeria is being treated as second class citizens. Everything about South welfare is being neglected. Provided is north even past project will be remembered anduka see to completion. Just imagine no good road from Abuja to the East. Very poor and damaged road yet they are remembering spending billions on one rail project in the north. There is God ooo.
Despite the south being the ones paying the bill- oil revenue and VAT income
Anikulhapo: Kemi Adeosun, minister for finance, says more than half of Nigeria’s value added tax (VAT) comes from Lagos state alone.
Speaking at the parley between the federal government and progressive governors forum (PGF) in Abuja on Tuesday, Adeosun said the 87 percent of Nigeria’s VAT is derived from four states and the Federal Capital Territory (FCT).
In other words, only 13 percent of Nigeria’s VAT comes from 32 other states in the federation.
According to her no country in the world with high tax compliance rate is poor, and no rich country has a low tax compliance rate.
“There is no poor country that has a high tax compliance rate, and no rich country that has a low one,” Adeosun said.
Quoting current VAT collection data across Nigeria, the minister said “55% of Nigeria’s VAT is collected in Lagos State. 20% in FCT, 6% in Rivers, 5% in Kano, 1% in Kaduna”.
“I’m hoping that one day Finance Commissioners will stop needing to come to Abuja monthly to share FAAC, because IGR (internally generated revenue) will be sufficient.”
Eriokanmi: Part of the Fulfilment of the cattle COWlony agenda. Jonathan took several wrong advice and decisions by the same region who finally nailed him. Imagine same subsidy he wanted removing in his administration and the likes of this shameless woman protested against. They gave him advice based on what would favour their region and discarded things that would favour other regions and same people would still be shouting marginalisation. Sultan of sokoto was so loud during Jonathan's tenure as if he didn't do anything in the north.
This Cow_Lony agenda reminds me of Kalu who is being packaged as the next president by the owners of the Fulani Republic of Naijeriya, FRN.
THE controversy trailing the aborted establishment of RUGA settlements for Fulani herders in parts of the country may be far from over.
Senate Chief Whip, Senator Orji Uzor Kalu, on Friday said that the apprehension being expressed over the plan by the Federal Government to create Fulani settlements for herders under the acronym name of RUGA was misplaced.
He told reporters in Abuja that he established a successful RUGA settlement in Abia State when he was governor of the state in 2001.
The controversial cattle market, he said, is located in Lokpanta, Umunneochi Local Government Area, along Enugu-Port Harcourt Expressway.
smallsmall: Buhari is seriously working ona theory that Nigeria will actually breakup in the nearest time, so he is using all Nigeria's money, including debt, to develop the North ONLY, in anticipation of that. Its like if they cannot have a Northerner again in 2023, then it should breakup, Gas Pipe to the North Railway Univerity in the North All roads in the North Refinery in the North All NGOs' to the North All CBN funded Agric Programs to the North Anything that requires Oil money from the South, do it in the North.
femi4: Why will he discard a northern project....nonsense
You know the ethno-religious bigot very well. He discarded the Lagos-Ibadan road, Lagos-Ibadan railways, Badagry road, 2nd Niger bridge etc but completed the Abuja-Kaduna railways, Abuja light rail and now this one to his country of origin, Niger Republic. Was that not how he cancelled the Lagos metro in 1984?
Splashme: The first civilian governor of Lagos State, Alhaji Lateef Jakande, on Tuesday, said that the cancellation of the Lagos metroline project in 1985 was a major mistake and disservice to many Nigerians.
Jakande spoke in Lagos during the launch of a book which chronicled his life in politics and journalism.
The book, entitled, ‘Jakande: Leadership in Action’ is written by Dr. Bola Olaosebikan, who told the audience at the event that the All Progressives Congress presidential candidate, Maj. Gen. Muhammadu Buhari (retd.), was not responsible for the cancellation of the project.
Jakande said, “Reflecting on the metroline project, I think it is a major disservice to many Nigerians. Imagine how many people would have benefitted. It would have made life easier and changed the face of transport in Lagos. Whoever cancelled it or gave the advice towards its cancellation didn’t do right.”
The former governor asked Nigerians not to vote for unserious leaders in the coming polls, saying the elections presented Nigerians with a good opportunity that should not be squandered.
Expressing the hope that Nigeria would soon overcome its developmental challenges, Jakande said hope would be actualised faster if credible people emerged as leaders in the next dispensation.
He said, “This book comes at a very auspicious time in Nigeria’s history as we need leaders who can act. We need leaders who would not compromise the standards of good governance. God has blessed this nation the most in Africa, although we have not reached where we should be; with the right leaders, Nigeria would overcome its challenges.”
tamdun: Did Jonathan deny it? He should come out and burst laureta's lie na
Can you please study the news report below, from December 2014 by KPMG, whether there is anything about Niger Republic border or even deep into the neighbouring country, Maradi where Maryam Abacha has her university with money stolen from us.
Racoon: This palm wine drinker of a woman again.So you even know government is a continue but you lots spent all your being in government to criticised all his policies only to make volte face & claim credits for most of them?
Bunch of wicked hypocrites! if it is to apportion blame the former president takes the fall but credits goes to a government that did nothing new except to complete uncompleted projects? Your hypocrisy is nauseating madam.
Volte face, u-turn by the propaganda liars in everything.
tamdun: Hnmmm, where are Jonathan started it/pay for it crew, this is one of ur hero hand work, come and praise him as usual. Jonathan tried a lot to please the north, 70% of his projects are in the north yet, they didn't vote for him but u want south west that gained little or nothing from his administration to vote for him again? If we should judge Jonathan based on his performance in South, I swear him no suppose get 20% vote from south
Did you hear from Jonathan that the railways will end inside Niger Republic? Are you one of the Barawo Bubu & Association of Past/Present Criminals, APC zombies to believe whatever bullshit lies they say?
President Muhammadu Buhari has berated Nigerian youths for being 'uneducated' and 'not ready to work'.
President Buhari, while speaking during a panel discussion at the Commonwealth business forum in Westminster, London, expressed displeasure with youths in Nigeria because they were dependent on revenue from oil to survive.
He said the youths, who make up 60 percent of the population, were waiting to get social amenities free without doing anything.
"And then the economy. We have a very young population and our population is estimated conservatively to be 180 million. The 60 percent of the population is below the age of 30. A lot of them have not been to school and they are claiming that Nigeria has been an oil producing country and therefore they should sit and do nothing and get housing, healthcare and education free,"
The moderator had asked Buhari to give his final thoughts on the issues discussed. The President said he had fulfilled his campaign promises by improving on the nation’s security and the economy.
White007: This is Yusuf. He doesn't like to work. He stays in a free house, eats free meals and rides a power bike all day long. When sick, he flies a chartered or presidential plane to some of the finest hospitals to treat himself all for free. Yusuf is a #LazyNigerianYouths Don't be like Yusuf
KosiGee: We can take the government on and challenge them to be transparent, accountable and also show responsibility but truth remains...TAX must be paid. You can’t avoid paying tax because the likes of Bichi’s son uses private jet at tax payer’s expense or that you saw bullion van in some politician’s compound etc.
Pls pay your tax and the BBN winner is not exempted.
Racoon: Wonder if LIRS has ever directed this same message to the bullion van man of Burdillion or Alpha Beta company.
Good question. Let me wait for the JagbaJantis supporters to explain and answer.
FreeGlobe: In Lagos, Alpha Beta, as consultants, gets 10 percent of whatever Lagos State generates monthly. If this statement confuses you, you are not alone. There are just a few things you need to keep in mind though: Lagos State generates roughly 31 billion Naira a month. Ten percent of that is going to a consultancy firm owned by the former governor of Lagos State, Bola Tinubu. 75% of the revenue generated by Lagos State comes from taxes.
If you need to read the paragraph again, you are not alone. However, the truth of the matter is that Alpha Beta Company has been the tax consultant to the Lagos State government since 1999, when the former governor Tinubu began his tenure.
That year, Alpha Beta Company had definitely succeeded by delivering a dramatic rise in monthly state revenue from about 600 million Naira to 7.7 billion Naira. A laudable achievement indeed, but it would have been less so if the citizens of Lagos State knew what they had traded it in for. Alpha Beta Company had charged the state of Lagos a whopping one billion Naira a month for their services.
Now, just to reiterate, Tinubu owns Alpha Beta Company. Tinubu was also at the time, the Governor of Lagos State. Alpha Beta Company became the tax consultant for Lagos State in 1999, and they charged roughly 13% of the entire state revenue.
Today, Alpha Beta Company is still the tax consultant for the state. They now charge roughly 10% of the entire state revenue and Tinubu still owns it. The only thing that has changed is that Tinubu is no longer the Governor of Lagos State, or so it says on paper. With utmost respect to the office of State Governor, Tinubu is still very much in control of the state’s affairs, or at the very least, its revenue.
Despite all feelings of being scandalized here, one must look at the big picture. Governor Fashola is still working for Bola Tinubu. If he was not, things might have changed. New relationships would have been forged with the State Government and interest groups. However, the standings beg the question: what has really changed since then?
Undisclosed sources claim that Tinubu’s role in installing Fashola as Governor of the State is the biggest hindrance for the present regime. An agreement between Fashola and Tinubu over the duration of the tenure of governorship, as well as the selection of certain cabinet members paints a vivid picture on the sort of bind Fashola is in. At the moment however, one wonders whether or not he finds it at convenient as he used to, or if he ever did.
What is clear, however, is that there appears to be a lot of money changing hands, and the masses are still bewildered over the fate of roughly 31 billion Naira in revenue per month. There are a number of allegations regarding Fashola’s spending penchants. Here are just a few of them that beg to be disproved:
1. That in 2009, Fashola gave N250 million to the Rotimi Akeredolu-led executive of the Nigeria Bar Association (NBA) for the NBA conference held in Lagos, at a time when Lagos teachers and doctors were on strike for improved welfare package.
2. The Babatunde Raji Fashola Government within six months, January to June 2009, spent N420 million on the hiring of private security – to guard who? – despite his heavy investment in the Police Force through the State Security Trust Fund.
3. Babatunde Raji Fashola spent N1.5 billion to demolish the Bank of Industry (BOI) building, paying a company introduced by one Tunji Olowolafe in cash transfer, only for him and his cronies to claim the land adjacent to it.
4. The Babatunde Raji Fashola Government awarded a part of Western Avenue (Funsho Williams Road), about two kilometres road for N7.7 billion, just between Abalti Barracks and Costain. And without the construction of any bridge, the project was carried out by Julius Berger. This project must certainly be investigated.
5. Between January and June 2009, the Babatunde Raji Fashola Government claimed to have fuelled 225 vehicles in his office alone with N135 million. These figures amount to about N800,000 per day at a time that petrol was sold for N65 per litre. The Government always got fuel cheaper, but Babatunde Raji Fashola claimed to have bought it at N85 per litre.
6. Between January and June 2009, Babatunde Raji Fashola’s Chief of Staff and Personal Assistants expended N290 million in sending text messages and phone calls on their lines.
7. It is also very sad to know that the Babatunde Raji Fashola Government awarded the construction of a road and drains inside Gbagada General Hospital for over N1.8 billion to the same Tunji Olowolafe’s company (DEUX Projects Limited).
8. The sum of N1.5 billion of un-appropriated funds, without approval, was claimed to have been spent on the demolition of Oshodi.
9. The Helicopter Deal was a big fraud. The helicopter was not built for any kind of emergency evacuation, rescue or to even combat urban fire. Over N5 billion has been spent on the two helicopters. And the seal of Lagos State is not on it, and it is not even in Lagos but in the Niger Delta making money for some private people in Government. The whole helicopter deal stinks to high heavens; it constitutes the biggest governmental fraud of all times and confirms the rot in the State. See THISDAY December 19, 2009.
10. The Senior Special Assistant, SSA (Media) to Babatunde Raji Fashola spent N183 million in six months on press coverage and editors outside the approved budget but funded directly from the Governor’s Office.
11. In a State where children are sitting on the floor in classrooms, where unemployment is rampant and poverty pervasive, Babatunde Raji Fashola paid the wife of a controversial pastor over N600 million in two years for Christmas decorations for about six streets in Lagos.
12. In six months, between January and June 2009, Babatunde Raji Fashola spent monies on several faceless organisations, subventions, grants and donations such that they quickly pocketed N2 billion.
three: The erstwhile Managing Director of AlphaBeta, the Lagos State consultant on IGR took to twitter to share his petition to the EFCC via the law firm Adetunji Shoyoye and Associates.
He Accuses the firm among other things of corruption and money Laundering.
daddytime: This one don dey pass cracks, na divide.
Unfortunately the owners of the Fulani Republic of Naijeriya, FRN are not interested beyond paying lip service for restructuring when they need votes of the southerners.
El-Rufai - It's Time to Restructure Nation 10 AUGUST 2010
For Nigeria to move to the next level, the issue of true federalism must be addressed, according to former FCT Minister, Malam Nasir El-Rufai. He shares his thoughts with Imam Imam.
Apprehension about the composition and workability of the Nigerian nation-state will subside if the country tilts towards true federalism, according to former FCT Minister, Malam Nasir El-Rufai. He said the present situation of things where all the component units get monthly allocations from the Federal Government only makes the states lazy and unproductive, adding that lack of foresight, financial discipline and lackadaisical approach to governance has played huge roles in limiting the country's march to greatness.
Many Of Those Calling For Restructuring Are Opportunists, Irresponsible – El-Rufai
The Kaduna State Governor, El-Rufai has described recent calls for the restructuring of Nigeria as political opportunism and irresponsibility.
El-Rufai, while speaking on Channels TV’s Sunrise Daily said President Buhari’s administration has done far more in practical terms than past administrations and that many of those calling for a restructuring rather see it as a means of opportunism.
He stated that some of the practical steps taken towards restructuring included the fact that state governors are now more than ever, involved in economic policy making at the national level.
According to him, things that have always been hidden from state governments are now much more open as they are now more involved in investigations of finances of the excess crude account, among other things.
“We meet every month under the auspice of the National Economic Council and working together with the Federal Government we chart directions of economic policy and that is part of shifting the federal- state balance.
“A lot of the talk about political restructuring is political opportunism and irresponsibility in my opinion
“It is popular and people that have presidential aspirations think there is a platform upon which they will exploit this. As I said, if you look at the APC manifesto, all the elements to divulge power to the state to change the balance in the federation are there and we are committed to that as a party.
“The National Chairman of our party will restate that commitment and we are discussing it and as I said President Buhari and Osinbajo’s government has taken very concrete steps rather than rhetoric to actually move in that direction and we are going to move in that direction but we do not believe that the basis for it is rhetoric and opportunism, we do not believe that the 2014 CONFAB report is a sensible basis to even begin.
“We all know the circumstances in which the so-called CONFAB was put together, we all know the composition, how lopsided it was, how important stakeholders were not taken to account, how even the composition and numbers do not reflect the demographics and the diversity of this country and we took a position as a party not to participate but to encourage our state governors to be there at the table.”
nokia1000: My certificates have become useless. I graduated in 2008, passed out of NYSC in 2010. Till date I have not used my certificates for anything. What I am regretting in my life now is time I wasted in the university. My wife graduated in 2015, she is now learning tailoring because she couldn't get a job too.
On what basis did you make the statement below
nokia1000: Naira Marley's breath is stronger than weed. If you doubt me, pass a night with him in one room.
comos: The Inspector-General of Police, Mr. Ibrahim Idris, on Friday justified the arrest of only suspects of Yoruba extraction over the recent clash in Ile-Ife, Osun State, which resulted in the death of about 46 persons. He said crime neither has tribe nor identity.
Idris spoke with State House correspondents shortly after briefing President Muhammadu Buhari of security situations in parts of the country inside the Presidential Villa, Abuja.
The police had been in the eye of the storm for arresting and parading 20 Yoruba persons, including a monarch, over the clash while not a single Hausa/Fulani person was detained.
The pan-Yoruba group, Afenifere; and the Oodua Peoples Congress are among groups and individuals that have been criticising the police over the development.
Idris however said the police would not hesitate to apply the law once criminal cases are established against individuals, irrespective of their tribe.
He said, “You know we are police officers. Crime has no tribe. If you are a criminal, you are a criminal.
“Crime has no face. We don’t look at crime in the identity of where you are coming from.
“As far as you are a criminal and the police find you wanting, we apply the law.”
He said investigation had revealed that the crisis started with a disagreement between two people selling food along the road.
Anikulhapo: Kemi Adeosun, minister for finance, says more than half of Nigeria’s value added tax (VAT) comes from Lagos state alone.
Speaking at the parley between the federal government and progressive governors forum (PGF) in Abuja on Tuesday, Adeosun said the 87 percent of Nigeria’s VAT is derived from four states and the Federal Capital Territory (FCT).
In other words, only 13 percent of Nigeria’s VAT comes from 32 other states in the federation.
According to her no country in the world with high tax compliance rate is poor, and no rich country has a low tax compliance rate.
“There is no poor country that has a high tax compliance rate, and no rich country that has a low one,” Adeosun said.
Quoting current VAT collection data across Nigeria, the minister said “55% of Nigeria’s VAT is collected in Lagos State. 20% in FCT, 6% in Rivers, 5% in Kano, 1% in Kaduna”.
“I’m hoping that one day Finance Commissioners will stop needing to come to Abuja monthly to share FAAC, because IGR (internally generated revenue) will be sufficient.”
Anikulhapo: Kemi Adeosun, minister for finance, says more than half of Nigeria’s value added tax (VAT) comes from Lagos state alone.
Speaking at the parley between the federal government and progressive governors forum (PGF) in Abuja on Tuesday, Adeosun said the 87 percent of Nigeria’s VAT is derived from four states and the Federal Capital Territory (FCT).
In other words, only 13 percent of Nigeria’s VAT comes from 32 other states in the federation.
According to her no country in the world with high tax compliance rate is poor, and no rich country has a low tax compliance rate.
“There is no poor country that has a high tax compliance rate, and no rich country that has a low one,” Adeosun said.
Quoting current VAT collection data across Nigeria, the minister said “55% of Nigeria’s VAT is collected in Lagos State. 20% in FCT, 6% in Rivers, 5% in Kano, 1% in Kaduna”.
“I’m hoping that one day Finance Commissioners will stop needing to come to Abuja monthly to share FAAC, because IGR (internally generated revenue) will be sufficient.”
seguno2: The vast majority of Westerners don’t just vote, they contribute money, time and talents to support their vision of society by identifying, encouraging and campaigning for those who will deliver their own vision from the local government councillor level up. They don’t stop their engagement there, but continually work to get and share information with everyone on how their public servants are performing compared to their campaign promises.
This winner of this year bb9ja was easily predictable right from the onset. Until the pastor predicts who will be apc and pdp flag bearer in the upcoming 2023 general election no one is going to take him serious with such easy guess game. Keep deceiving yourself
They should just predict that money paid into their churches, mosques and shrines are corruption proceeds from the private and public sectors. Can you imagine how much improvement would happen to our country, with people being employed and paid better salaries fully on time for the provision of good schools, clinics, healthcare, water, electricity, roads, mass transit etc?
ZombieNation: The canker worm Tinubu was the first governor to turn state house of assemblies to rubber stamps.
The Lagos state national assembly passed a pension bill for elected officials which included Tinubu.
Under the bill, Lagos is saddled with maintaining Tinubu for the rest of his life on the prevailing full salary a sitting governor is entitled to.
The pension bill for Tinubu also includes choice properties bought and paid for by the state in Abuja, Lagos and abroad.
Tinubu also has the choice of 5 executive cars to be replaced every 5yrs.
Recall also that Tinubu is on record to be the only elected governor in the history of modern democracy to have had 4 deputies in 8yrs!
The man is a rotten egg who spear headed corruption in Nigeria to new levels and the financial bankruptcy of acn states under his leprosy grip is evidence of his systematic kleptomaniac.
Jafar1: Two weeks only? Jokers, we want it removed completely.. Increasing tariff yet distributing prepaid meters has always been a war.. The estimated billing they use in extorting isn't enough? what am I even saying, do we even have 10hrs + of power supply daily?
Jokers indeed is what Barawo Bubu and his Association of Past/Present Criminals, APC rogues &scammers.
Because we have allowed tragic people into power to abuse us thoroughly.
anonimi: Edo 2020: Obaseki Has Committed Impeachable Offence — Tinubu AUGUST 8, 2020
The National leader of the All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu has waded in on developments in the Edo State House of Assembly, blaming the state governor, Mr. Godwin Obaseki for what he called his “perverse” actions.
In a statement last night, Tinubu said the blocking of the legislative house to prevent the inauguration of the two-third lawmakers of the APC was a mockery of the constitution.
He argued that “Governor Obaseki’s conduct in the past year is undoubtedly impeachable”, adding that “these legislators have made no threat to impeach the Governor. Their only desire is to peacefully perform the duties asked of them by the constituents who elected them”
According to him, “By his refusal to permit duly elected members of the Edo State House of Assembly to perform their constitutional duties, Governor Obaseki betrayed contempt for the people of his state and, unfortunately, his ignorance of Nigeria’s constitutional order.”
He stated that as a Governor, Obaseki “ought to know better than to obstruct the functioning of his own legislature, but perhaps he is in need of a quick lesson.”
Politics › Re: Lawan: It Is Petty To Say Corruption Thrives Under This Government by anonimi: 7:17am On Sep 29, 2020
