₦airaland Forum

Kaido:
This is awesome but I gotta say replace the Calabar with another location

owobokiri:
These are the people that need to be taxed heavily. They have the money and they burn it quickly on foreign goods. If it is not a million naira champagne, it is a Ferrari that can't be driven in more than ten streets in Lagos. All their foreign earnings end up in foreign hands through their insatiable taste for foreign goods. They should be taxed heavily. The country made them and they should pay. Nigeria gains little from the millions they make from all these royalties. You seldom see their charitable works. Tax them!

Islie:
Lagos State, which currently retains the full N200bn, would see its share reduced to approximately 20 per cent

https://punchng.com/mtn-pays-n200bn-monthly-in-vat-tax-committee/?amp

TheWitchKing:
Niger Republic paid 5 billion USD debt yesterday, how much Tinubu don pay?

babaRUNtinz:
Every man's final home na grave... make sure you build cementaries for them too o. E gey Y.

IyanAtiEgusi:

Na person for house withdraw that money
fraudster no go withdraw just 50k
d person go wipe that account
na person for una house
we know these things

Asgard73:
There’s nothing lik southern Nigeria

Is either west east or south and their minorities

Don’t lump all together again

How many southerners dey benifit from this Yoruba government

Be wise .. Nigerians are awake at Yoruba tribalism in this government meant for southern Nigeria

Yoruba corned it all .. ama you still come online to call south.. which south and why is southerners ?

Georgry:
a bill that is going to alter the VAT sharing formula in such a way that henceforth if nobody can drink alcohol in your state then you will have zero revenue from the sales of alcohol in other state..

seunowa:
Yes, this is one of the anomalies in present tax system which the tax reform bills will correct. Every money from oil and gas will no longer go to the headquarters which are mostly sited in Lagos state but this money will be directed to the site of production mostly river, bayelsa, akwa-ibom, delta and other sites of oil and gas production.

Safyqueen:
VAT WAR: REMOVE THE VAT ON YOUR ALCOHOL AND GET DRUNK TO STUPOR WITH CHEAP ALCOHOL. PERIOD!

By Cham Faliya Sharon

I have a feeling that the word stupid is derived from the word stupor, which literally means being dull to intellect or intelligence, or being numb and dumb and dull to one's self-awareness. But then, we are talking about VAT. Therefore, let's talk about VAT, and then we'll get to numb and dumb and dull and whatever.

The North's chief occupation is agriculture, and governments don't charge VAT on agricultural products so that they can be not too expensive for you. That you have more VAT than the North doesn't make you more productive than them. Actually, there has never ever been any evidence that you are more productive than them in either entrepreneurship or agriculture or in any worthwhile venture. That's why a little strike by onion farmers or sweet pepper farmers or tomato farmers always puts you in a chokehold of hunger and lamentation.

The breweries and soft drink plants, including other factories in your areas, that produce high VAT revenues use these same agricultural materials from the North that have not been VATed. In other words, if VAT were to be charged on them ab initio, the North will record huge VAT revenues solely from agriculture without mentioning other ventures. Therefore, it is absolutely absurd to gloat on purported high VAT revenues without considering all the factors involved in generating the VAT. And if you mock some northern states for receiving VAT earned from breweries while still banning the sales and consumption of alcohol in their states, then from where did you get the corn, sorghum, and sugarcane products you used in brewing it?

If this VAT war is to continue as it were, with excessively garrulous pomposity and arrogance oozing out from those who seemingly know nothing about the basic elements of economics and production but yet derive pleasure in ascribing parasitism to those who truly earn the rights of being labelled as the most productive people in land use and entrepreneurship in Nigeria, then let VAT be charged on all agricultural products, including the corn, sorghum, wheat, barley, and sugarcane that are used as the primary ingredients for brewing alcohol.

Of course, food prices will go up in addition to their current astronomical rise due to the unwholesome embrace of IMF diktats by the IMF surrogates in power, but the accruing VAT earnings will help raise the VAT profile of Northern states that are usually being ridiculed as parasites by beetleheads, and the farmers there in the North will also get huge (deserved) bumps in their financial earnings due to enhanced valuation of the prices of their farm produce, including cattle, sheep, goats, and other livestock.

And if by charging VAT on agricultural products the prices of alcohol brands end up getting affected by becoming expensive, then the people in the states where breweries are located can beg the federal government to remove VAT on alcohol at their own end so that alcohol can become cheap, and so that they can be drinking themselves to stupor with cheap alcohol. In fact, by removing VAT from alcohol it will even help them to stop mocking northern states whom they accuse of "receiving VAT from alcohol" sales while subscribing themselves to religious conservatism. That way, we can all be spared the annual hypocritical noises of mockery from people who are confused about what they own and what they don't own, or what they believe in and what they don't believe in.

When you don't know what you actually own and what you actually believe in, the quest for morality will either elude you or appear elusive to you, and that's the point at which you begin to mock those who are making genuine efforts towards attaining genuine morality because pride in alcohol has made you numb and dumb and dull to the realities of your own backyard.

Michael547:
Ok.....so it does not really matter whether it is 10% or not, right?

Michael547:
So if I don't give 10% of my money, will I experience undeniable blessings?

EmmyDJourno:
People with sense are turning their backs on France, but that nonsense is going there like a child going to Disney; Olodo mofo😪

givedemwotowoto:
I wonder what they did to that woman. They must have dealt with her so much during her humble beginnings, that she vowed to erase her past and embrace her present and future

Kinterez:
Irrelevant statements..who told you emmanuala, lasisi ,tacha and hilda baci are broke? Do you even think at all? If you know their worth, u won't come here and post nonsense....
Just because they don't flash much on the Internet so ppl like u will criticise, u think they are broke and back to grass...werey

Fiscus105:
In other word, if you, as husband starts experience difficulties, wife should abandon you and move on for better man.


Wen a foolish will talk first before examine his utterances!