₦airaland Forum

I've noticed a lot of arguments about why Nigeria cant provide stimulus. It's pretty obvious Nigeria doesn't have the cash. Nigeria could borrow it send it to everyone electronically adding to inflation. The treasure reserves are used to prop up the naira to make imports cheaper.

Lol Buhari is such a weak president. If the dont want to work fire them. Most federal employees have little leverage considering how bad the job market is. The only thing to consider is if there's enough qualified people to replace them. If you pull a Ronald Reagan then what are they going to do.

UncleJJ:
Why can't people like you come early, hopefully, the second person to post.

I made a who thread on this topic. Only a few people were interested in the topic.

Here's what they did with the cash. In Q1 2019 Vat represented 34% of non-oil taxes and less than 1% of gross taxes.

Powerintoxicate

Gjrich:
Instead of exploring that sector, it has been neglected for powerful individuals and their cronies who continue to explore these resources with little or no remittance to the government. This must stop!

The proceeds from the natural resources must as a matter of necessity be declared and made available like oil.

Illegal mining is definitely an issue. Nigeria needs to bey tougher on it like Ghana. The sector has potential but multinationals aren't too interested yet.

The proceeds of mining is known and accounted for. You cam read the reports at NEITI if you're interested in the sector. It's no different from oil.

zionmde:
They detroy the beer, we drink the beer, they collect major share from the beer VAT
we do the import, their ogas at the top cease the goods and collect bribe, they also collect major share of the custom duties

I say no more

I just love this country

What have any non sharia representative done about it. Lol they just sit their and do nothing about it. It would be too easy to out vote them and cut them out of the pie.

wehla:
I HAVE A QUESTION: When Oil revenue finally stop here, will they be taking tax money from Lagos state to run states like Zamfara? In view of world oil price crash.

Non oil tax revenue is already shared.

These thread always turn stupid. I tried researching Nigeria agricultural output but I can't find reliable data. I have my suspicions about northern agricultural productivity. If I ever find reliable data I'll do topic justice.

Final bump:

Superwave:
I am yet to see a bigger coward than Burutai for a general. Imagine a general of the Nigeria army took over 6 years to destroy ragtag boko haram ravaging his own home town ?! Some general deserve to be stoned to death.

He reminds me of Amerian civil war generals that were afraid to pursue the enemy. After thewar over this conflict has to be studied at war colleges. Chadian military tactics wirk better. The killed 1000 of there troops after taking loss a week prior.

“If they (Chad) don’t know how to go about amnesty, they should ask. There’s a convention that if your enemy surrenders, you take him as prisoner of war. It’s an international convention”, he said.

Lol Chad doesn't want mumu advice hence why they didn't ask. You take prisoners of war then prosecute them accordingly with either prison or death sentences.

Multiple military sources confirmed to THISDAY that over 100 battle tanks with an 18-kilometre firing range were deployed in the past two weeks.

THISDAY gathered that the Multinational Joint Task Force (MNJTF) has also encircled major likely escape routes of Boko Haram commanders into Chad, Cameroon and Niger.

Other channels through which they move arms have also been occupied by MNJTF troops.

This might be interesting let's see if the can seal the deal after Chad's weakened them. It's kinda weird that the article had so much specific information about what being deployed. The only thing that's unknown is hour of attack. Goodluck and swift victory so normalcy can return.

By Kingsley Nwezeh in Abuja and Michael Olugbode

The military has begun massive deployment of troops and war equipment in the North-east for a final showdown with Boko Haram and Islamic State for West Africa (ISWAP), THISDAY’s investigation has revealed.

THISDAY gathered that the Chief of Defence Staff and head of the military establishment, General Abayomi Olonisakin, has given the final directive to the troops to crush the insurgents in line with an earlier marching order given by President Muhammadu Buhari.

Chief of Army Staff, Lt. General Tukur Buratai, and the Chief of Air Staff, Air Marshal Sadique Abubakar, have since relocated to the North-east to coordinate the military operations in compliance with the directives.

Buratai has vowed to remain in the North-east to coordinate the war until the insurgents are defeated and the head of the terror group, Abubakar Shekau, captured.

THISDAY also gathered from military intelligence sources that the renewed military campaign may force Shekau to surrender and negotiate amnesty for himself and his top commanders.

There were speculations at the weekend that the terror leader had reached out to a Non- Governmental Organisation (NGO) to facilitate an amnesty agreement with the federal government.

But military sources could not confirm the claims.

THISDAY gathered that the military high command was unsettled by the claim of the Chadian President, Idris Deby, that his country has eliminated 80 per cent of the insurgents and called out Nigeria and Niger via an April 22 deadline to occupy territories in the two countries Chadian troops seized from the insurgents.

Deby’s position was said to have created the impression of an alliance between the Nigerian forces and the terrorists, an allegation the Nigerian military has debunked.

Investigation showed that since the Boko Haram’s encounter with the Chadian forces, the terrorist group has not launched any major attack against the Nigerian troops, thus validating the claims by Deby that his forces had disorganised the group.

Before the Chadian forces dislodged the group from their locations, the terrorists’ attacks on the locations of the Nigerian troops were so frequent that the military had to redeploy top commanders involved in the terror war shortly before the Chadian army had a fierce encounter with the group.

The impression of many people in Maiduguri, the Borno State capital and birthplace of Boko Haram, is that the Chadian forces had thoroughly weakened the terrorist group and that the Nigerian military should follow up to defeat them.

However, determined to end the war, THISDAY learnt that the Defence Headquarters had ordered a massive deployment of troops and equipment in the North-east.

Multiple military sources confirmed to THISDAY that over 100 battle tanks with an 18-kilometre firing range were deployed in the past two weeks.

The war equipment, it was learnt, were part of the military hardware procured from Chinese arms manufacturing firm, Norinco.

They include 35 main battle tanks, 25 Typhoon MRAPs (mine-resistant, ambush-protected vehicles), 10 Spartan armoured personnel carriers, 20 Armoured Guard Booths, five armoured mine-clearing vehicles, 50 troop-carrying vehicles and 40 Buffalo vehicles, among others.

Others include VT-4 main battle tanks, SH5 105 mm self-propelled artillery among others.

Apart from the efforts of the land forces, the Air Task Force of Operation Lafiya Dole has also ramped up attacks on insurgents’ locations as part of ongoing operations to destroy the terrorists’ capabilities before the insurgents could deploy them against the land forces and other targets.

THISDAY gathered that the Multinational Joint Task Force (MNJTF) has also encircled major likely escape routes of Boko Haram commanders into Chad, Cameroon and Niger.

Other channels through which they move arms have also been occupied by MNJTF troops.

There were speculations at the weekend that the dragnet spurn around the terrorists, in addition to the Chadian expedition that decimated hundreds of insurgents, have now put pressure on Shekau to allegedly seek amnesty.

Shekau, in a video released last week, had admitted that he lost many fighters during the invasion of his enclave by the Chadian troops but called on his fighters not to be discouraged by the losses.

But unconfirmed report said he had reached out to an unnamed NGO that provides humanitarian services in the North-east to explore a surrender option in return for amnesty.

Responding to a question at a briefing at the weekend on the arrest and trial of 58 terrorists by Chad in contradistinction with Nigeria’s policy of amnesty for repentant terrorists, Coordinator, Directorate of Defence Media Operations, Major General John Enenche, said it was dependent on the policies of each country.

“If they (Chad) don’t know how to go about amnesty, they should ask. There’s a convention that if your enemy surrenders, you take him as prisoner of war. It’s an international convention”, he said.

Addressing troops in Borno ahead of the final onslaught against the insurgents, Buratai urged them to show commitment in order to end the war.

“We must be committed and fastidious. We must consider and work out the minutest details, factors and all possible outcomes in all our operations,” he stated.

He urged the commanders to focus on the image and integrity of the Nigerian Army.

“We must think out of the box and beyond the box. I charge you all to move out and bring this war to a positive end! Victory is from God alone,” he had said.

Source: https://www.thisdaylive.com/index.php/2020/04/20/military-begins-final-offensive-against-boko-haram-iswap/

zhike:
where is the Nigeria army, it was to fix all this killings issues.

If the people picked up arms to defend themselves the bandits will quit. They only feel confident attacking defenseless people. That's why they run when military starts opperation.

A good tax Policy goal should be to slow down population growth. Nigeria should copy Singapore model by subsidizing birth control, taxes and awareness campaigns. I dont think singapore is having a huge demographic problem like China's and the policy wouldn't be authoritarian.

Wilstino:
Until there is genuine will power from the Govt to fight corruption and nip it in the bud, I won't advocate for high taxation on Nigerians just yet.

Else, it will mean more looting for the politician, as is the case now.

Oh well when Nigerians stop electing clowns we'll get there. It's always amazing how in major elections the front runners never want tondebste or explain their ideas to the public.

[s]

wowcatty:
You will post tire iddiot! See you spewing 'mumu' everywhere like a rubber room lunatic! Go and kill yourself, you are useless to yourself or anyone. Stop being a drag to others!

[/s]

Lol keep rambling mumu you're just a foolish individual chest beating about imaginary accomplishments. Even your Yoruba brothers know your lies are too stupid to defend. All your pathetic attempts to change subject wont work mumu. Your lies have been exposed.

[s]

wowcatty:
Shush it already sore loser! What accomplishments are you talking about and which brother did I tell you about here, you this dumb drifter? You have lost your mind trying to defend lies. Go back to your region if you have what it takes to survive there and stop scavenging Yorubaland for survival.

[/s]

Lol keep rambling mumu you're just a foolish individual chest beating about imaginary accomplishments. Even your brothers know your lies are too stupid to defend. All your pathetic attempts to change subject wont work mumu. Your lies have been exposed.

wowcatty:
What are you talking about?

SW contributions alone is bigger than all other Nigeria regions combined!

Former finance minister Kemi Adeosun said 2 Yoruba states "Lagos and Ogun alone contributes 60% of the Nigeria's income" on purpose to let everyone know and nobody refuted it.

wowcatty:
You are out of your mind! Oil is not the main earner for Nigeria, that myth is long busted! Oil brings some income but can't be compared to what comes out of the two ports alone. Again, over 60% of the money Nigeria spends come from Yorubaland.

wowcatty:
Drifting imbecille, your life must be a fiction then if you call the land that feeds you a fiction. You are even dumber than I thought, what a loser! If you have anything is your region, go there and let us hear word and stop perching the ground of Yorubaland for survival!

Lol are you still rambling mumu? You're just a foolish individual chest beating about imaginary accomplishments. Even your brothers know your lies are too stupid to defend. All your pathetic attempts to change subject wont work mumu. Your lies have been exposed.

Who would have guessed giving murderers an amnesty deal is stupid.

[s]

wowcatty:
You this looney binner, that we have it all compared to the rest of Nigeria is an understatement, so the chest beating is reserved for you aliens with no real identity. All you do is hang on Yoruba coat tail. And no, I don't need to post any evidence for you mini robot, so keep posting your fake data that is not worth anything, Adeosun message was clear and that's what matters.

[/s]


Lol mumu chestbeater cant back up fictional accomplishments. You don't have evendice idiot that's why you can't wont post those imaginary quotes. Even your brothers know your lies too stupid to defend.

I've been excited for this. It reallly good so far.

https://www.bworldonline.com/wp-content/uploads/2020/04/Last-Dance-040320.jpg

It won't get anywhere because he can easily explain his way out it. If he were smart he would have said I planned on running a train on your mom. My comments have nothing to do with rape. The apology was just because my statements were disrespectful not a threat.

Charleys:
Is there anything like unbiased news?
If there is then where can I get it from.

What website is best for getting nigerian news?

I like Premium times and Nairametrics but the best thing to is get an aggregate of news. I use websites like allafrica for that reason.

rdokoye:
Fake news.

Lol it's clearly fake but some mumus believe any tabloid rag they read. The story has no source and people didnt bother asking a single question.

Final bump.

helinues:
The issue is not about revenue.. The ones they have been collecting for decades, what have they done with it?

Why should I pay tax when I am not going to enjoy my money with basic needs from govt?

It is about revenue and what they're budgeting money on. Historically the money been wasted or used to fund a bloated work force. Even if they used money judiciously it wouldn't cater for most of Nigeria's needs. Notice how less than 25 percent of budget goes to capital projects in 2019. When oil prices dropped they cut capital projects first.

You do pay federal taxes indirectly buying goods. We should vote in a competant government that uses taxes well.

wowcatty:
[s]Reality is already using you as a punching bag with your fake data you kept rolling out. The fraud you call a country is held together by lies and this is why you can't be on your own, your useless ingrate ass just must have Yorubaland to fleece.[/s]

Lol lying and chest beating is your culture. You cant and wont present evidence of your fraudulent aunty saying 60 of revenue comes from lagos and Ogun. Nobody is an ingrate for not appreciating your fictious accomplishments.

The data isnt fake its on the CBN website mumu. Post the real evidence if you have it.

https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.cbn.gov.ng/Out/2019/RSD/CBN%2520ECONOMIC%2520REPORT%2520FIRST%2520QUARTER%25202019%2520final%2520draft%2520.pdf&ved=2ahUKEwjropuv6_ToAhVSb60KHSUgAbEQFjADegQIAxAS&usg=AOvVaw1G5FJnTe9WPEhGS_u8WHir

[s]

wowcatty:
[s]Nothing has been debunked, you just dug yourself 6ft deeper.

No intelligent person believes what your cbn is churning out, it's all lies! You all have refused to know who makes what in Nigeria when you refuse regional govt that could have separated the men from the boys.

We all heard it right here when a fulani was talking about letting the Niger delta go with their oil. He said that because he knew the oil doesn't bring as much money as Yorubaland even though Yoruba produces a good amount of the oil.[/s]

[/s]


Lol mumu lies from a clown who didn't read. The CBN cited the ministry of finance. If your imaginary accomplishments make you happy enjoy them. I guess lying and fraud must be cultural practice. You cant and wont present evidence of your fraudulent aunty saying 60 of revenue comes from lagos and Ogun.

Keep on chest beating. You think your chest ate bongos or whatevers you play.

Tianamen1:
In summary, taxes should be aimed at achieving two goals:
1. Increasing revenue
2. Reducing Nigerians purchasing of unnecessary goods (fighting effizy).

I like your tax code goals. Some of your proposals remind me of grandstar's. Nigeria should rather lower corprate taxes to make doing business cheaper. If it results on more people being employed paying other taxes great. An ad valorem tax is cool. I just wouldn't want luxery tax.

wowcatty:
Still butthurt?

Facts have to be crazy in the ears of dishonest cuckoo for cocopuf with computer like you!

wowcatty:
What are you talking about?

SW contributions alone is bigger than all other Nigeria regions combined!

Former finance minister Kemi Adeosun said 2 Yoruba states "Lagos and Ogun alone contributes 60% of the Nigeria's income" on purpose to let everyone know and nobody refuted it.

wowcatty:
You are out of your mind! Oil is not the main earner for Nigeria, that myth is long busted! Oil brings some income but can't be compared to what comes out of the two ports alone. Again, over 60% of the money Nigeria spends come from Yorubaland.

I agree facts are stubborn that why it's easy to debunk your mumu lies. Fictious quotes from Fraudsters kemi wont help you. The CBN reports are factually correct. Keep chest beating about imaginary accomplishments.

Bevista:
Having said that, our governments have not demonstrated that they can be trusted with more money. Govt needs to show that they are responsible with the current public funds they are receiving before demanding higher taxes from citizens. Due to govt failed policies, manufacturing is dead, exports are almost non-existent (apart from oil), unemployment (and underemployment) is ridiculously high, 80% of the population living below poverty. Where does the govt expect citizens to get money to pay higher taxes? Just a simple provisions of stable power supply would galvanize the private sector. Why have they not done that?

I agree with your points but I do think there's room to expand tax base. I find it hard to believe Democratic Republic of Congo, Niger Republic and Togo all found a way to raise tax revenue and Nigeria cant. They're banking more VAT and few other little taxes.

I currently believe manufacturing, mining and LNG are best routes to productivity. LNG because Europe wants alternatives to Russia and Asia is growing and wants cheap energy. The rest could be sold to other Africans since they're right next door buying manufactured goods.

Stalwert:
When it was stated that over 50% of VAT is being collected by one state: Lagos, then any educated individual should understand there is a serious problem in this country. We want Health care but we are unwilling to pay for it.

Government should focus its lens on under performing states else we will keep borrowing to meet up.

Yeah the government should figure out why VAT recipient are so lpw in other states. It's pretty odd there's a huge disparity between states.

Anambralstson:
Fat still remain all your states are below Anambra

You ipob statisticans are funny. Anambra is 7 at best in reality without dumb qualifers. It's crazy liar Obiano was chest beating about imaginary accomplishments. It's state policy to chest beat at all cost.

In 2014, Anambra’s GDP was estimated at $13.5 billion. This accounts for three per cent of Nigeria’s GDP and would rank 122 in the world or 24th in Africa if the state were to be a country. With only N3.993 billion debt, the state has the lowest domestic and foreign debt profile among the 36 states. The state’s economy is unarguably the fourth largest among states, after Lagos, Abuja and Rivers.

Professor Chukwuma Charles Soludo, former governor of the Central Bank of Nigeria (CBN) 2017.

Source: https://www.sunnewsonline.com/anambra-new-thinking-new-politics-2/

Anambralstson:
Minus Oil sector, Anambra is third largest economy after Lagos, FCT, Anambra beat Rivers in services and Agriculture and manufacturing, Rivers edge Anambra in oil industries

Lol you have stupid qualifers to justify your previous lies now? You chest beaters had to adjust your lies. IPOB statisticans cant be trusted. You guys throw too many wild figures around. Just look at soludo and Obiano lies. At least you're not as crazy wowcatty.

Btw never answered the question. Does your wife believe your mumu lies or does she ignore your foolishness?

In 2014, Anambra’s GDP was estimated at $13.5 billion. This accounts for three per cent of Nigeria’s GDP and would rank 122 in the world or 24th in Africa if the state were to be a country. With only N3.993 billion debt, the state has the lowest domestic and foreign debt profile among the 36 states. The state’s economy is unarguably the fourth largest among states, after Lagos, Abuja and Rivers.

Professor Chukwuma Charles Soludo, former governor of the Central Bank of Nigeria (CBN) 2017.

Source: https://www.sunnewsonline.com/anambra-new-thinking-new-politics-2/

Chief Willie Obiano has said that without the determination of his team, the state would not have become Nigeria’s fourth largest economy, noting that he inherited a state with an average ambition.