₦airaland Forum

Better than keeping them alive and locking the pots within a freezer from the one they used (his glory) to cook the soup.

While northern terrorist sponsors are still flexing and eating fat. Wonderment.

Tinubu is also building his rigging momentum towards 2027. He knows he cannot win.

Old spiritual style.

Flyovers n highways.

Racist.

I hope if i tape pig food to a wall, white folks wont get mad at me for it?

The report doesnt stop the actual smuggling. At the rate APC is going with governance, very soon people will start smuggling themselves out to eat very well then return back to their fatherland.

The NAF are like Bandits bodyguard.

grandstar:
This is the World Bank rewarding the present government for implementing policies that reduce wastes such as the partial removal of petsubsidies diea and an increase in electricity tariffs.

However, the governments needs to go further. I have always been a fan of shock therapy rather than the slow and steady methods.

The price of petrol needs to be completely deregulated as already done with diesel and kerosene.

Next, should be the deregulation of the price of electricity. Once electricity providers are able to charge cost reflective prices for their power, it would encourage massive investments by the Discos into upgrading their network and Gencos into building more power plants. New players will even enter the industry with this incentive.

Government should go further and slash company taxes to 15% or less. Low corporate taxes have the incredible Incentive of encouraging massive Foreign Direct Investments (FDI) into economies that apply them. Charles Soludo said if FDI totalling 5% of GDP flows in yearly, by the fifth year, the economy will be growing too fast that it would overheat.

You mean all the FD-Investors will ignore insecurity, power issues,bad business climate, bureaucratic bottleneck, corruption and more because of this your fantasy? How well is it happening today?

trutharena:
All the points made by the group are valid and sound.

propaganda is your own truth and BMC office building is your arena.

Yeye development projects. Who highway n flyover epp?

Anchor Borrowers Program helps channel over N1Tr towards agric every year and that means the north takes the lion's share.

Strong support for highways and flyovers and Hajj subsidies. Great news.

yoruboid:
What the Agulu fraud could not achieve in 8 years

Did Tinubu achieve what Sanwo is busy doing today. If them retaliate against your god, no vex ooo.

He is begging for aide with style.

Which of these problems has he addressed with his top 5 expenditures?

They only become important when he wants to appeal for funds through what westerners like to hear and see as global challenges.

Too vague to assume bandits did this.

Hmmm

ObosiLandlord:
You're wrong

no you are.

No wonder they suddenly want it to be based on consumption and notthe place where value is added to raw input.

maasoap:
Why don't we allow those states that consume alcohol to enjoy the VAT on it and let all the states where MTN and others have masts also enjoy the VAT from the telecom? Must we lump everything together?

Value Addition is not consumption. Consumption is very different from value-addition.

dtiBusiness:
I wonder if comprehension is an issue here. The FIRS Boss is saying Kano, Bauchi, Borno and others were not getting fair VAT share of what is consumed in their states, you are here talking about Kano taking alcohol VAT. Kano did not receive vat collected on services rendered by mtn and her likes in Kano and other respective states, nor where they given enough of food that they sell to the nation.
If Northerners should collect vat on food and other agro services don't you know they will realize alot?

VAT is about Value Addition and not consumption.

Archtype:
Very fair and straight to the point, Infact,According to the Supreme court ruling, FG shouldn't be collecting VAT self, so, Those states suppose to have a 100% VAT

If FG dont centealize and regulate VAT, in an attempt by crooked governors to catch up with Lagos and Rivers, other states will use taxation to fustrate whatever isnt ptoduced within their states and a war of fustration between states will emerge.

I wonder where endrick links back to.

Zooposki:
All the ideas to run the industrial process are coming from the west, where the parent companies are located. The only refinery adding value to the crude in it’s raw form is Dangote refinery.

Dangote operation and head office is in Lagos. Use another example.

Zooposki:
You made sense here. What are the oil headquarters in Lagos adding as value to it when the crude is being exported with no value added?

all the ideas to run to the industrial process are added there.

beejay85:
A manufacturing company is nothing with a filled up warehouse.
Its a fact that when you remove the sales from the north from companies like Unilever,Nestle,FMN, Honeywell etc with the current economic situation- these companies would have shutdown as sales in Lagos,Port Harcourt and Fct can't pull them through in anyway.
Everyone sees issues with alcoholic beverages not consumed in the north but do you consider the number of trucks of non alcoholic beverages (maltina,coke,Pepsi,Amstel ,table water ) etc that finds its way up orth on a daily basis?
In conclusion,if you have no sales for the value you create,ur enterprise will go down...so VAT should be benefitted by the producing and also consuming states

sales and consumption should be taxed by making the salesman pay his or her own tax to the state according to his or her profit from that sales.
Value-addition too should be taxed and paid ti where value is being added to raw inputs. It is a simple thing.

Zooposki:
Oga, they should go and prospect for oil in Lagos state. We don’t want them to prospect for oil in Delta state. They are destroying our land. We want to use our lands for farming and fishing.

Go meet them where they are prospecting oil and eject them. I am not them. Don't unleash your frustrations on me Oga.

Zooposki:
Then they should go drill oil in Lagos or Benin. Maybe the natives don’t want them there. Ever think like that?

Why not you go to Lagos and arrest them to force them back into Delta state where 'deve' is demanded from multiple angles. You are trying to reverse the effects without regards to cause here. What caused them to locate HO in Lagos miles away and be prospecting for oil in Delta states hundreds of KM away? Addreess that and see them run back to delta state.

Zooposki:
You mean those drilling oil, that is, their operational bases in the Niger Delta can survive, but their headquarters cannot survive where their bases are? Maybe they should also move their operational bases to where the headquarters are and go drill there.

Yes. If theit operational base are not being harrassed for 'deve', they will never think of running to culturally neutral and hospitable Lagos or Benin.

SmartPolician:
There's no modification made to the tax bills that won't see Lagos, Abuja and Port Harcourt getting the most vat because they are the core consumers in Nigeria.

Even Ogun State, which has many industries, cannot stand a chance because most goods produced in Ogun State are consumed in Lagos and across Nigeria.

Just as the middle class is quickly varnishing, there's no conscious effort to distribute the wealth of Nigeria. We are still living with the "grab as much as you can" disease.

The real issue here should be about what constitutes value-addition? Is it the process of taking raw inputs and add value to make them better output or the process of taking output with added-values and consuming them?

Comsumption is not value-addition?

The crooked northerners are only trying to confuse value-addition with consumption so they can start getting more money without suffering polution or hazards associated with actual value-addition process. No more need to poach FDIs again once they get that wish. Lagos can poach FDI, suffer the hazard, sacrifi e their cultural values and land to accomodate Foreign Investors, provide water and electricity, then pretend all of that is detrimental to everyone who consumes the final goods. Thats a recipe for further chaos.

Judolisco:
bro it's not only alcohol, but take for example mtn or Glo, though the headquarters is in lagos or Abuja, but we have people in Kano and jigawa using this Networks.... That's the argument... No be only alcohol

The issue is why did MTN and GLO site their main operational bases in Abeokuta and Lagos and not Kano? VAT is meant to reward where value is added an not where value is consumed. If the like let them create a VCT ( Value Consumption Tax) to compensate for spenders.

The reasonable thing is to reward states for value addition so that each state is always looking to attract investors and thus strive to be their best selves in anticipation of Foreign investments. Why do peesidents travel like devils around the globe looking for FDI if there is no local incentive to recieve them? After accommodating every tribe and creating a conducive environment, is it not fair that lagosians who lost their culture and land to Foreign Investors get compensated for giving the foreign investors the atmostphere to thrive. As rich as Delta state is in Oil and Gas, investors cannot survive there because the locals are hostile. Same goes for most of the states and geopolitical zones. It makes little sense to compensate stae govt for what their citizens buy to add value to their lives. It is a service they failed to render the foreign investors that another state has provided that VAT is addressing.