COMPAQ's Posts
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LagosFirstSon:There is no getting around it. It's a bitter pill we have to swallow that we should have swallowed like 10years ago. If anything the main damage was done by Buhari, whose old School protectionist polices dried up the supply of dollars to the economy and caused naira to devalue even more than it might have if he'd just left the market alone. Asides just the exchange rate, buhari's incompetence ruined this economy. If $/NGN was still say N480, at least this removal of subsidy wouldn't be so bad. |
gidgiddy:So the picture wey you see above na wettin. |
ManirBK:So why not send the goods to Nigeria direct? |
tinsel:Most of these reports of FIRS breaking tax collection records are a bit overcooked and can only decieve the uninformed. A number of oil companies pay their PPTA and CITA in USD. So when NGN devalues, it appears as though FIRS is collecting more in Naira. However, in USD the value of the collection may be essentially flat or even reducing due to the fact that oil companies in Nigeria are not doing as well. |
kcprince:Special window..... Una don start again!! |
seborrhic:Is a former office holder different from you or me? Why does he deserve police protection and you and I don't? |
November1857:When you contribute to the pot, then your will share. If you don't contribute, then nothing for you!! |
ArewaNightmare:The shooting into the air is for what? The story said they shot at an escaping vehicle, your are talking of shooting into the air? So if criminals shoot at you, you will shoot into the air in response abi? |
Henry22:People who watch porn a lot usually aren't having sex. |
ogododo:Which idiot schooling abroad leaves his money in a naira account? |
Enoch07:Does resigning make him heal faster compared to leave of absence? However if he resigns and he gets better, he has no fall back to the seat of the governor. If he takes leave of absence or medical leave and he ultimately gets better, he can resume his governorship. This is basic logic. You didn't study logic in Phil 101? |
nkpommpko:I doubt they did that. Nowhere in the story does it say that was done. |
juman:What did he ever clean up before? |
MeineMutter:Sanwo Olu is too soft to be the governor of lagos o jere. |
Let's see the situation in 12 months. Okada that was banned and appeared effective for a while have started making a comeback. |
[quote author=politicoNG post=124271610][/quote]One reason why our Tax to GDP ratio is low is because a huge chunk of our GDP operates in the informal sector. Open markets Informal transportation In formal agricultire Informal mining Property transactions with informal agents etc Nigeria has to find a way of improving formalizing the informal sector. If it were me, I'd make a law setting up Property clearing house in each state. You canny get approval to build unless professionals you are using have evidence of tax returns linked to their name. Also all estate agents must be qualified and licensed and every real estate transaction must be conducted by a registers ND licensed agent. ND if you don't show tax filing for this year, you don't get licensed for the following year. Any transaction handled by n unlicensed agent becomes null and void. Hundreds of BILLIONS, if not trillions of naira changes hand every year on rent, yet no tax is paid. |
fineboynl:Story! There is no difference dude. |
INVINCIBLECSP1:Your post makes no sense because when Jonathan wanted to remove subsidy as you say, what adequate plans did Jonathan have in place!? Where our refineries working then? The answer is No! So what difference would it have made then and now? At least now, we even have Dangote refinery to come on stream soon. |
Ladiesdoctor:Meanwhile the Ribadu your hailing has no record of any major conviction |
politicoNG:We need electricity, these ones are talking earthquake and volcano |
I might have kept the one on telecoms though. Mtn Nigeria is making mad profits. I assume Airtel is as well. Less certain about Glo and 9Mobile. I hear Glo is in a bit of a mess. |
DesChyko:We export huge volumes of LNG from NLNG Ltd in Bonny. NLNG also produces LPG (cooking gas), but not in sufficient quantities for Nigeria. However, we need to understand that there are different types of gas with slightly different specifications. LNG,CNG,LPG, Propane, Butane are all slightly different versions of gas and do not necessarily co-mingle. The last 3 are to closest to one another in spec and to some extent can be used interchangeably, depending on the equipment using it. |
chokekachy: |
DesChyko:Gas prices internationally have come down from about $9 per thousand scf to about $2.50 per thousand scf. Even though we're a huge gas producing country, the reality of the fact is that we don't produce enough LPG for domestic domestic consumption. So a lot of what we use locally is imported, sobefore the hike in international prices affected us |
unity004:I think she is worst mainly because of the uselessness of the President himself!! Buhari never seemed like someone to listen to any good advice outside of what his cabal tell him. But even that aside, I have little respect for her. |
astana1:Not necessarily a bad thing. Bicycles are a normal means of transport even in developed countries, particularly in Europe, even when people have cars. We just have to face our reality and adjust lifestyles accordingly. That's not to say that there shouldn't be strict controls on government spending to reduce wastage. But who will bell that cat? If Tinubu doesn't push for those reforms with politic will, they won't happen. |
FreeStuffsNG:None of these investments are particularly exciting. Pretty much all dead companies. |
If he slept with 3 women a day, he'd need 10years to do that. So my common sense tells me that the claim was false, but just an exaggeration to seem more masculine to the girl. |
hisexcellency34: |
phemmyjohnson:Dude, the only original human hair is the one on your head. Once you use my form of attachment, no matter how close in look and texture to human hair, it's automatically fake human hair. |
Petrol has gone up Electricity has/will soon go up Food has gone up Transport has gone up GSM will soon go up National Assembly has nothing to say about these, but the moment DSTv wan to increase, they will start making noise.!! |
iwaeda:The information they say they will collect is already on vehicle license, so what's the point? Besides how exactly does it help to reduce nt crime? If they want to collect more revenue, they should simply increase the normal vehicle license for luxury cars. I. E anyone registering a Benz, BMW,audi, Acura, Lexus, range rover, Bently, Cadillac, Rolls-Royce etc should pay an increased N10k for vehicle license, while the rest of us with Toyota, Honda, Nissan, VW, Ford, should continue paying our N4.5k or however much vehicle license is now. |
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