₦airaland Forum

Here's mine

Here's mine

wunmi590:
Thank you for the insight.

But BBN was held in Lagos state, does it mean Laycon would pay tax to Lagos state?

He can only pay his tax (if applicable) to the State of Residence, according to Residency Rule of Personal Income Tax (PITA) Act LFN 2004

Bashirkareem31:
It remains FIRS!

FIRS can't get involved because he is a (Nigerian) individual and not an incorporated company. Therefore, it's a Personal Income Tax (PITA) issue and NOT a Company Income Tax (CITA) issue. So its not the jurisdiction of FIRS but that of any SIRS.

But he can only pay his tax (if applicable) to only one (1) state, and that is the State of Residence, according to Residency Rule of Personal Income Tax (PITA) Act LFN 2004

solmus:




He is from ogun state


Lagos and tax sef


.

It's not about State of "Origin", it's about "Residence". If he resides in Lagos, then LIRS gets the TAX.

Victor1980:
Bachel Academy has helped many students in achieving their goals in life, and I'm one of them. I registered for UTME, and I was fortunate to meet with Mr Bachel in which he advised me to also register for ATS. Currently I'm in PE2 and in my final year at unilag studying accounting. I know lot of friends and family who graduated from Bachel academy that are doing well today. So,I wondered where this is coming from?

Ogbeni, which year did you write this comment because currently, there's nothing like PE 2 in ICAN. What we now have for over 15 diets is Foundation, Skills and Professional. PE I, II & III have long been buried.

MAYOWAAK:
BARACHEL is different from Bachel. The school that has been thrown under the bus here is Bachel.

He is right. There is a Bachel Tutorial Centre at Jungle Bus-Stop (Guinness Co-operative house), Iju Road.

Rhesusmonkey:
Story, the ones that have been paying, what did they get.
I once worked in a firm where my tax was above 60k( which is more than 8 Level10 tax deductions in civil service), so lets assume i have been paying for 8 persons out there who aint paying tax to govt, yet we provide ourselves light, road, water, security by paying vigilante groups, etc and still being opprressed by the same govt

Don't mind those ass-lickers that derive joy in glorifying incompetence and non-performance. Ask him if the road he plies to and from work (that's if he has any) is good. Ask him if he can enroll any of his kids in any public pry schools in Lagos. The last time I checked, LASG bought those buses (by Ambode) with Tax payers money in 2019. LASG used Tax Payers money to build about 100 bus stops for those buses. LASG used tax payers money to build modern bus terminals for those buses (including the magnificent one at Oshodi). LASG now claimed the buses were being operated by a so-called franchise but its LASG that fixes/approves fares. Who is fooling who here? They are busy painting the medians and Kerbs of the few good roads while neglecting a vast majority of other road that are in deplorable condition. You can barely drive 1km without entering a bad road.

Arrewa:
I'm not a fan of Buratai or a fan of Buhari!!

But I must commend this government in the fight against Bokoharam in the north East.

Before 2015 Bokoharam were strong and well equipped that no northern state is safe.

Kano was not safe... Bombing here and there!!

Kaduna, Gombe, bauchi, Sokoto, Kebbi,Adamawa, And Yobe were not safe...bomb was killing people here and there!!

They take over local governments and take full control... Displacing and bombing people in large number... There's no week we don't hear of Bokoharam attack in the north.

Even Borno the headquarter of Bokoharam is now almost free if not some villages which are soft targets

Today Bokoharam only have the capacity to attack Borno villages that are close the forest.

We northerners know that things are now better compare how it was before.

The only problem I have the with this government is their poor stragies in the fight against bandit in kastina, Zamfara and southern kaduna.

We only want BUHARI's government to do more!

Bandits in zamfara and kastina should be given same attention that was given to Bokoharam stop underestimating them...

We need more action and change of outdated strategies!

With this long eulogy, and you're not a Buhari/Buratai fan. Be deceiving yourself.

wittyt98:
What do expect when corruption is the real deal for every government official in charge of awarding contracts.

they will budget 500 million for a road construction, they will award the contract to a firm that will agree to do the job for 200 million. the contract awarder, supervisors and every other persons in charge can share and pocket the remaining 300 million amongst themselves.

to make the matter worse, some of these construction firms are already used to the corrupt mode of operation in Nigeria. they will also spend 100 million to construct a substandard road and pocket the remaining 100 million because they know nobody will question or probe them cos they are friends with our corrupt government officials, they wine and dine together. they create substandard roads and leave the masses to deal with it

You sabi

Instead of Kinetic approach, why not combine Almighty Formula, Pythagoras Theorem, Exponential Equation, Trigonometric Ratio and Quadratic Function in order to solve the quagmire simultaneously (Simultaneous Equation). Walahi in no time, Bandits or Boko Haram will be eliminated (Elimination Method).

[b][/b]

IYANGBALI:
How much did he builted it?

Ha!!!, which one be builted again?

Exc2000:
before them send him ministry go jail baba quickly use brain .. las las he would apologise or change it for the members and everything would die down

I swear. He will even use scriptures to back his shameful act that he merely applied wisdom.

Midex88:
Lie. It’s a Bank. Gtb

Oga that's Iju Road you are talking about. The fire incident happened along College Road and the name of the other filling station opposite the burnt NNPC fuel station is G & G Oil and Gas (It's a family owned fuel station that changes name every now and then)

ValCon888:
It will surprise you to know that One Million Boys and Mushin Area Boys are the same boys.

Just like Star and Gulder is still Nigerian Breweries. Different brand, the same company.

Even the letter written by Area Boys of Mushin looks very similar to the one earlier written by the so-called 1 Million Boys in terms of composition and structure. Even the printout looks similar. It seems both letters were printed from same printer.

We have been using Cisco Telepresence (TP) and Zoom for Virtual Meetings & Video Conferencing in my company for how many years now.

Maxymilliano:
Exaggeration ...

I once left my Company's Warehouse at Mende, Maryland around 4:50pm on a Friday in December last year and got to my house @ Iju-Ishaga (Ifako-Ijaiye LGA) around 8:43pm. That day, all the available routes were all in a standstill. Mobolaji Bank Anthony towards Ikeja Bridge enroute Oba Akran-Akilo Road was a no-go-area. Sheraton link bridge-Opebi-Allen-Aromire-Adeniyi Jones Avenue was totally blocked. Ordinarily, on a good day, Maryland to my house is + or - 55mins. So, it very possible. It might not be a daily occurrence but its very possible once in a while when the demon in-charge of Traffic affairs decides wreck havoc on Lagosians.

Ginaz:
That was how one day a number called my mom that his father mistakenly sent her credit card met for him . She came to informed me about the situation in the kitchen while I was cooking.

It seemed odd to me and I wanted to tell her to just sent him the credit card number but common sense took over me and I told her that when next the strange number calls, she should tell him to inform his father that she won’t load the card , he should resend it to him.

She did exactly that and the number never called again.

Having read comments similar to this situation, I’ve concluded it was a scam ordeal about to take place . Thank God we didn’t fall for it .

You get sense.

helinues:
Why should you be using dollars rate for internal revenue? Are we spending dollars in Nigeria?

Is N1.3tr same as your N978bn?

y
Hello Sir, it's FIRS that generates internal revenue not Nigeria Customs. The revenue generated by customs are from imported goods which are valued in USD. Customs charge a particular rate on each imported commodity based on the dollar value, hence the reason why all revenues by customs must be valued in USD and later converted to naira. The guy you quoted is right, the 2019 revenue is nothing compared to 2014 revenue going by prevailing exchange rates that is applicable. If someone generated $10,000 in 2014 and the exchange rate was #165, the the naira equivalent will be #1,650,000 but if someone else generate $7,000 in 2019 and using the official exchange rate of #305 (let's rule out the actual exchange rate of #361/$1), the naira equivalent will be #2,135,000. To an uninformed person, the 2019 performance was far better than 2014 performance, if you judge by naira value but but to a more informed individual who digs deeper, he/she will know that the revenue was initially based on USD but later converted to naira. The peeps at the helms of affairs knew all these that's why they intentionally gave you the values in naira. Don't allow anybody to pull the wool over your eyes. Shine your eyes and use your brain.

RealSleek:
That’s the problem with you guys is that you think development is all roads and bridges.. even a brainless governor can do that.. ,in fact they need stupid projects to make themselves richer...how has that affected people’s life personally.. right now Oyo road is okay.. good policies that will alleviate poverty and improve lives for generations is what we need.

it shall be well with your generation. You get sense.

Just in case the inevitable happens and you find yourself on the "other side" kindly send my greetings to my Grandpa and Grandma.

@OP, you should have simply used "Expressions/Terms/Words/Vocabularies" instead of "Jargon" as Jargon doesn't really mean wrong words but are technical terminologies or idioms peculiar to a distinct group, field or discipline.

sonnie10:
Slander and libelous acts are not civil matters

They are. Please check "Law of Torts". The Tortfeasors (i.e. the ladies) committed Defamation of Character, which is a Civil Wrong and all Davido needed to do was to "sue for damages" and not parade them in handcuffs like criminals. If those ladies can get a good lawyer, even though they were initially wrong, the table might turn to their favour.

Bbbwings:
Can seun make this thread permanent for a week on the front page.?
This is really bad

Supported

Reference:
8 months... Lagos has amongst the longest unbroken run of government in Nigeria's nascent democracy. The APC has led that State since 1999 with no form of break whatsoever, not even internal opposition has nroken this run. Twenty years they have had to fix stuff. How long is required... another 60 years...

It is so easy to be patronising but you know and I know what the problem is.... that is the total lack of democracy and Lagis State will become a poster child, a working example of what the difference is between a monarchy and a democracy.

The truth is simple. Without the vigour, multiparty politics brings to democracy, performance in governance is just impossible and at best unsustainable. There is absolutely no reason for an appointee to perform and no incentive for a 'fixed' game to produce drama. We have talked about this, about Lagos and her politics time and time, election after election....

Just as Nigeria is, Lagos is equally overdue for a revolution.... like it or not, hide it or not.

Walahi!!! God bless you a million times. You deserve 50 Crates of Chilled Sweating Goldberg.

Lagos was privileged to be the base of the Colonial Masters during colonial rule. Lagos was privileged to be the Capital of Nigeria for decades during Military rule. Both the Colonial masters and Past Military Head of States invested heavily in Lagos in terms of infrastructures more than other states. Lagos is privileged to have the Organised Private Sector (particularly Multinational Companies), investing in infrastructures in most part of Lagos - especially on the Island. Other States did not enjoy these privileges, which are prerequisites for development except for Abuja. Funny thing is Lagos is the smallest of all the states in Nigeria (in land size) but it generates the most Revenue. 80% of the major roads and bridges you see in Lagos today were built either during the colonial era or Military regime. About 2 decades into this present civilian rule since 1999, despite all the huge revenue from IGR and federal allocation, Lagos is still a glorified slum.

In reality, we've been boxed into a corner. CBN wants cashless society so most transactions should be online. If I deposit or withdraw too much cash, I pay a charge of 2% or 3%. FIRS says if I pay for any transaction online, I pay extra 5% VAT. So, where do we run to N'tori Olorun. Who did we offend self to warrant this torture? Haba!!!

Back then in Sec Sch and even in 100 Level Economics (Public Finance to be precise), we were told that one of the reasons why govt impose Tax is to build and maintain Public Infrastructures (Roads inclusive). So, why will I, as a Tax payer still pay a toll on the same road built with proceeds from my Tax? Come to think of it, if you want constant power supply, its either you buy an inverter or a generator, if you want quality health care service, you have to patronize a private hospital. If you want sound education for your kids, a private institution is the only option; as for security, private security outfits or even vigilante groups is what now reigns. If you need water, its either you have bore-hole in your compound or you call aboki (mai ruwa) for water. Now if you want to pass through good roads, you must be ready to pay toll; the same roads the govt (at any level) failed to fix despite all the huge revenue from taxes. The question now is what exactly do I gain from government?. Who exactly did we offend that made us have these calamities called politicians? While they all live in opulence and affluence at the expense of the masses, they still want to swindle us of the little disposable income left for us to manage. Haaaaaaa, Nkan Nbe!!!

koboko69:
What state cab u compare with Lagos.
Go play for sand abeg!

Lagos was privileged to be the base of the Colonial Masters during colonial rule. Lagos was privileged to be the Capital of Nigeria for decades during Military rule. Both the Colonial masters and Past Military Head of States invested heavily in Lagos in terms of infrastructures more than other states. Lagos is privileged to have the Organised Private Sector (particularly Multinational Companies), investing in infrastructures in most part of Lagos - especially on the Island. Other States did not enjoy these privileges, which are prerequisites for development except for Abuja. Funny thing is Lagos is the smallest of all the states in Nigeria (in land size) but it generates the most Revenue. 80% of the major roads and bridges you see in Lagos today were built either during the colonial era or Military regime. About 2 decades into this present civilian rule since 1999, despite all the huge revenue from IGR and federal allocation, Lagos is still a glorified slum. So stop making it look as if Lagos is London, Sydney, Paris or Dubai.
I am concerned because I am a Lagosian from Badagry.

FarahAideed:
Do you even know how VAT works at all ? You buharists just keep revealing yourselves are poorly educated all the time. For most goods VAT is collected at wholesale stage and is left for vendors to build it into the cost of every good ..There is nothing you already buy in Nigeria that doesn't have VAT already inbuilt into it

So apt, pls educate them o. This is O-Level Economics.