₦airaland Forum

Believeintruth:
Apapa was Federal abeg limit the lies. The stretch of Lagos as a capital territory in the 60s ended at Mushin. Yaba was part of Lagos ooooo. Awolowo built Ikeja industrial estate only. Ilupeju and Apap were already in existence built by the British and the Indians. Ikorodu toad was Federal and not built by Awolowo. In fact the FG modernised rhe road from Ojota to Onipanu in the 70s. Take am easy to dey lie.

Objectivist04:
..
This cement own is not clear to me eg assuming a cement dealer bought a truck of cement from Obajana, vat will be deducted from the cements and credited to kogi state , when the cements are brought to Ebony, I don't see any other vat being deducted by Ebony state government. So the consuming state in this case will not get anything as you don't tax a product twice.

Mandate1:
how will they make the calculations without creating double taxation? The North will learn the hard way. They over buillt Lagos with FG money, making it so financially dominant. Today, table don turn.

Macphenson:
[b]Does Lagos have oil that oil companies are paying taxes in Lagos state?

Just remembered another issue, Niger Delta states will start demanding for 60% of revenue from oil in their states since every state is taking advantage of its revenue.

Macphenson:
One of the most controversial issues in this Tax Reform Bill is that 60% of VAT will be given to the state it was collected from, It seems by this it will only favour mostly Lagos and Rivers State to the detriment of the Northern states who are collecting more VAT based on population.

Here is my concern, Lagos state was deliberately made the commercial headquaters of the Nation to the detriment of other states the more reason it collects more taxes.

Practically, All the cars entering the country pays their tax to only Lagos state. Even the cars to be used in Rivers, Akwa Ibom, Delta and Cross River states. Now this is not fair to these states as they have their own seaports but cars are not entering them, the taxes they are supposed to get as a state goes to Lagos state.

Also, Telecom companies pay their VAT in Lagos because their headquaters are located in Lagos, If this new bill is passed, that is no longer fair to all other states where the Telcom companies operate. Telcom companies should now start paying VAT to each state they operate as you can no longer rob Peter to pay Paul.

Oil companies have their headquaters located in Lagos while they operate in different states especially in the Niger Delta. This will no longer be fair if the bill is passed becaused those states where the oil companies operate will start demanding that the oil companies pay thier VAT in those states they operate.

The truth is this bill if passed, is seriously going to open litany of issues which I dont think at the moment the bill captured or resolved it.

Meti99:
You can imagine.
126B for salaries. I'm sure it was titled salary but was shared among the elites and their foot soldiers bandits.
LoL at #0B

Meti99:
The North that chose to use Boko Haram to play politics.
North East Development Commission was created for them.
They collected huge sums of monies..
They used terrorists to push their wicked agenda.
Those days are over.
You had been overfed now you must face life realities.

You had better wake up and stop day dreaming

studyless123:
I just listened to the interview and this is the first time that I'm seeing a SME speaking about refineries. He was very simple and clear but the likes of Eriokanmi will still not understand. I wouldn't blame Adesua and Seyitan, they represent the average Nigerian public. This is a very simple issue and a science subject that's taught in secondary schools. For non-science students a simple Google search will provide a clear explanation. It tells a lot about the media in Nigeria.

VikingKing:
While the current environment is too hostile for the investors we already have that many of them are leaving in droves, Tinubu continues globetrotting with taxpayers money pretending to secure investors. He can only deceive his supporters, the rest of us can see through him.

MadamVanessa:




When David Adeleke expressed his discontent with the state of affairs, stating that nothing is working in this satanic dungeon of Tinubu and advising investors against taking risks, some idiotic fóolish noneñtities reacted impulsively and foolishly, failing to constructively engage with his concerns. Everything is folding, the investors that are here are running away. Tinubu is a failure.

aariwa:
Lol Indians scammed him. The refinery is unworkable after almost 10 years of investing more than $30b into it from Nigerian forex and all kinds of loans. Naira to dollar exchange rate was very stable in Nigeria until he bought Jonathan into the biggest refinery in Africa idea towards the end of his government in 2014 and he started pumping dollars from our dollar reserves hoping to end fuel problems in Nigeria and west Africa. Within months in 2014 dollar jumped from 120 to 180. Buhari continued with same nonsense and dollar reached 700 before he left office and refinery still not completed. Emilokan as thief man saw what was going on and stopped funding of that refinery with our forex but the damage to our currency had already been done. Total loss of trust in our currency had led to massive hoarding of dollars and scarcity which affected the naira that even floating of naira by tinubu couldn’t salvage the problem. Same dangote moved again by trying to push independent petroleum marketers out of business, import fuel and sell to Nigerians at higher price by using his uncompleted refinery as a conduit pipe to get forex. He showed his hand again and Emilokan saw it when he demanded for billions of dollars to import crude, now he is going to Angola to be a partial owner of a working refinery

Throwback:
It is the anarchy mindset.

Nigerians are actually enjoying that things are not working, so they become suspicious and antagonistic when anything is projected as working.

ebukal67x:
This tax bill is really bad for the North. Even the South East and South South will also suffer from it. Only the South West will benefit.

gabbytabby:
There is no VAT on agricultural produce and food.They are just objecting without knowing.

Even businesses under 20million are not taxable what percentage of persons run businesses over 20m

MadPolitician:
Not for savings account.
Petty traders use such accounts to start off life.
Tell Tinubu to back off.

Every single policy since he came in has been to add more impediments on the paths of struggling traders. And that is starting to look like its deliberate. There are no set of people that have witnessed more attacks under this regime, than the traders.

The dollar madness has basically crippled their abilities to source for foreign goods that can not be produced here. Many of them basically don't import anything anymore. Then you add the fuel subsidy removal, which has increased the cost of transporting goods from one location to the other. Check the cost of transporting a 40ft container from Lagos to Aba today. Compare it with what we had under Jonathan.

He should back off ahbegi.
He's squeezing the life out of hardworking traders. At this rate, it's starting to look like he wants all of them to become agberos.

BondRiv:
I'm a patriot. Some of you don't know what it means to love your country. I criticize the government constructively when the situation demands it, and also applaud when the right things are done. I'm not partisan.

Benbellamor:
Governor Zulum of Borno is Not happy please, he said that They wont be able to pay salaries.....They are not Generating yet they keep employing......

Objectivist04:
My question about this tax reform which nobody has answered is " is it true that taxes will be collected from the states of consumption and remitted to the state where the business is headquartered ?

Eg , if I recharge my Gotv , the vat will go to Lagos which hosts the company headquarter instead of Enugu where I base ?

Eboofa:
God kept Obasanjo and Gowon alive for a purpose! Both are decent men......both would have been even better leaders if not for fulani hawks who never allowed them to breathe! Forget the civil war o...these were good men. As for buhari, murtala and Tinubu........let me reserve my comments!

JASONjnr:
I'll do my analysis on the voting pattern of the north..

JASONjnr:
I'll do my analysis on the voting pattern of the north..

JASONjnr:
You're separating the elites from the politicians... which in fact are the same people making the decision for the Northern people.

Also, you agree with me that their politics is with sentiments because whatever strategy they deploy always have themput their emotions in line with their game plan.

Take for instance Shettima who cried to the elites and told them to come sit on a round table with Tinubu and listen to his plans for the North.

Yes, this is applicable to all regions. There is no region who's elites will support a candidate without a take home.

JASONjnr:
True, the West play politics with their brain while the North attach too much sentiments and emotions to its political games.

But you have to understand that the two regions always need each other to succeed in every elections.

SW do not have good relationship with the East and but with the South. The South is open to all regions to align with. For election to be completely a success, at least z three political zones must work together.

JASONjnr:
Let me explain to you that a Northerner can not win election because it's not their turn to contest....

Also, a Northerner will rather support Tinubu than to support an igbo man.

If there will be candidates from the north, the south east and Tinubu from the West..... Know that the odds will favour Tinubu better just like in the previous election where votes where divided.

BigDawsNet:
If they ran separately then the results will be the same… it’s pretty obvious


You need large numbers to replace the siting government…

If the PDP and LP won’t rescue Nigeria then let’s hope the light at the end of the tunnel the Apc has been talking abt is still intact

yarimo:
Point of corrections Mr ATIKU, you are not OBI friend but his boss .

Bossly:
Arewa parasites remain the biggest losers 😂🤣🤓

Rebelutionary:
Gbam! Succinctly put I must say! Some people just want us to run with their suppositions and lynch INEC just cos their favourite candidate sorely lost and another put up a PowerPoint on a screen!

Proof! Proof! Proof! If you have empirically verifiable proof as Olisa is positing, then the courts is where he should make it bare and not on some TV show! Didn't Obi reclaim his mandate in the courts as well as many others even in this dispensation?

Gerrard59:
I find your post very interesting. If you are so much against non-Yorubas moving to Lagos and the wider South West enmass, why not push for the division of Nigeria? That way, you can even sponsor a bill in the National Assembly in Oduduwa nation to explicitly bar Igbos. Malays in then Malaysia did it by expelling the Chinese majority Singapore. Both nations trade together today but have full control over their borders and general immigration. https://en.wikipedia.org/wiki/Singapore#History

I would be amongst the first to support an independent Yoruba nation. Honestly, I believe the new country would do well, especially with the breadth of its diaspora.