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Erico2k2's Posts

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Politics › Re: FG To Sell Discos To New Investors - Zainab Mohammed by erico2k2(m): 2:02pm On Oct 13, 2017
Bolustical:
Just for the sake of electoral patronage, GEJ rejected the likes of GENERAL ELECTRIC and other established and well known electricity corps who had the financial wherewithal to transform the power sector.

He opted for the likes of Tony Elumelu and Abubakar who never had one year experience in power, the FG even had to bail them out. The worse is that these things are legally backed.

Years later, his supporters are expecting miracles from Fasola.
Una nor dey disappoint GEJ name must show .
Family › Re: American Lady Who Declared Husband Missing, Gets Warned By Nigerian Wife by erico2k2(m): 1:43pm On Oct 13, 2017
I can see everyone getting over excited . The scam o's 50 50 . Do you all know howmany of these western women get with Nigerians just to have kids so they can start claiming welfare and housing benefits . They are even worse at scamming Nigerians .
Family › Re: American Lady Who Declared Husband Missing, Gets Warned By Nigerian Wife by erico2k2(m): 1:39pm On Oct 13, 2017
eaglez:
Hmmmmm,may not be able to verify the post but if true that means some Nigerians are making Nigeria look like a deceptive state with its indigenes dubious,these people just leave the country without any skill,profession or even education and they go to spoil the name of the country all in the name of getting a whity as a wife,scam her,run back to Nigeria and think they have arrived, it's really bad,if they had skills or are professionals, even to the point of getting their green cards,they would have contributed meaningfully to their new found countries and more respect accorded to them,not going to scam a woman who has toiled and found a fake love in the heart of a fake Nigerian all in the name of getting or milking her dry.Smh.....
Good morning
Romance › Re: Ladies, Can You Marry A Guy Who Doesn't Spend On You? by erico2k2(m): 11:57pm On Oct 12, 2017
DebbieSean:
He's not for you dear. If he loves you, I believe you don't have to ask. And it doesn't even have to be all the time, a little gift once in a while matters a lot to ladies and guys. Do you give too? Surprise him by getting him a nice perfume or something good and not so expensive. But after this and he doesn't even bother, then just know he's a stingy man. Giving is a nature and should be reciprocal in relationships.
Person wey dey struggle to charge fone U say make dem Buy perfume, is dis how U use to DO grin grin grin
Romance › Re: Ladies, Can You Marry A Guy Who Doesn't Spend On You? by erico2k2(m): 11:55pm On Oct 12, 2017
These days men only spend Money on their wives not gf.OP if you need recharge Card go to your Papa or Mama, if you cant be bothered to ask them then thats the reason you cant ask your Bf.His priority might be his family right now!He might not be seeing you as a wife material rather as a gf.
Politics › Re: Over N30 Billion Recovered Through Tips From Whistle Blowers – EFCC by erico2k2(m): 11:11pm On Oct 12, 2017
dvee2:
Some of you guys seriously need to go back to school. How much is 2017 budget? How much is 30 billion?
You have a phone, just Google nigerias 2017 budget in Naira value and then in Dollar equivalent,then you will get your answer. Stop showing your ignorance
And ur point is? was teh recovered loot factored into the budget? Is that what you are trying to sayhuh?
Car Talk › Re: Range Rover Sports Club by erico2k2(m): 9:44pm On Oct 12, 2017
dehavillandboy:
Hello guys, please how much does the turbo for a 2006 2.7 tdv6 of range rover sports cost and where can I find it.
You got to Order from the UK.best bet Ebay.co.uk range from £800 to £1200, for brand new OEM
Romance › Re: Ways To Woo A Girl Without Using Money. by erico2k2(m): 6:46pm On Oct 12, 2017
Op say he can be romantic without money

Politics › Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by erico2k2(m): 6:07pm On Oct 12, 2017
Clerverly:
lalasticlala

Buhari has been vindicated! grin grin grin grin


Ipob terrorists, can now wait for the Reactions from the Kpomo Cutting governor called Fayose, and that Bianca Ojukwu Boyfriend-FFK to console themselves! grin grin grin grin
SW people unu take note . Hope una know say dis guy dey take style ya una so . Kpomo cutting governor ahahahaha
Politics › Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by erico2k2(m): 6:04pm On Oct 12, 2017
massinola:
Vice President Yemi Osinbajo has taken responsibility for granting authorisation to the NNPC for two oil contracts worth N640 billion.

A statement by presidential spokesperson, Laolu Akande, said Mr. Osinbajo approved the contracts in his capacity as acting president in July.

“In response to media inquiries on NNPC joint venture financing, VP Osinbajo, as Ag President approved recommendations after due diligence,” Mr. Akande said.

The admission comes a day after PREMIUM TIMES amplified a curious part of the NNPC response to the Minister of State for Petroleum, Ibe Kachikwu’s allegations on Monday.

The NNPC had stated in the response that two presidential approvals were granted to the NNPC for contracts with Shell Nigeria and Chevron at the rate of $1 billion and $780 million respectively.

But when PREMIUM TIMES reached NNPC and the presidency for clarification on Tuesday, they could neither confirm not deny at the time.

https://www.premiumtimesng.com/news/headlines/245881-breaking-osinbajo-admits-approving-n640-billion-oil-contracts-nnpc.html/amp
PASTORA PASTORA hahaha

Car Talk › Re: Car Talk Chat Room by erico2k2(m): 12:26pm On Oct 12, 2017
OnTimeNigga:
It's a fabric that can be removed just like you take your clothes off your body...you don't need a permit for a sun shade....you don't need a permit for it
Ok if you put it that way . I was under the impression of it being them film ones cos you called it taint . So you are talking of sun screen then !
Career › Re: FG Moves To Enforce ‘No Work, No Pay’ Rule by erico2k2(m): 10:46am On Oct 12, 2017
Well this is how it's meant to be.No the Unions can now sit up and deal with real issues plus the FG should make it a non compulsory to join unions at work places ie NUT .
Car Talk › Re: Audi Reportedly Made Thousands Of Vehicles With The Same VIN by erico2k2(m): 7:42am On Oct 12, 2017
KingRabota:
Now I understand u well.
Silence is the best answer. . . For pple like you
Ciao
PHCN take una light ? ?

Politics › Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by erico2k2(m): 10:02pm On Oct 11, 2017
PrecisionFx:
Are u Bipolarhuh
nah i think you are, and also suffering from Multiple personality disorder>

Car Talk › Re: 6 Ways To Spot A Flood Damaged Car by erico2k2(m): 9:32pm On Oct 11, 2017
viperman:
Been on our own website, Facebook page and Instagram pages. smiley

@viperautos1
[url]Facebook.com/ViperAutos[/url]
Ok Nice.
Car Talk › Re: 6 Ways To Spot A Flood Damaged Car by erico2k2(m): 9:26pm On Oct 11, 2017
viperman:
All those things you listed above can be rectified easily.
Take this advice from me - only a VIN check can help you discover a flooded car.
Long time bro, where have you been?
Car Talk › Re: 6 Ways To Spot A Flood Damaged Car by erico2k2(m): 9:25pm On Oct 11, 2017
blackmann:
I once tried to copy a VIN number off a car i wanted to purchase at a dealer along Kubwa expressway. Immediately I pulled out my pen and paper and located where the number was, the dealer told me it was "against the company policy to run a VIN check". I simply walked away.
grin grin

Car Talk › Re: How Much Will I Use To Clear A 1996 S420 by erico2k2(m): 9:23pm On Oct 11, 2017
justiniyke29:
pics
Are you buying for sentimental reasons or for general reasons?
Car Talk › Re: 6 Ways To Spot A Flood Damaged Car by erico2k2(m): 9:17pm On Oct 11, 2017
curvilicious:
Which one is VIN?
same as Chassis number.
Politics › Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by erico2k2(m): 9:07pm On Oct 11, 2017
PrecisionFx:
The flights are going straight to enugu international airport, not porthacourt.


meanwhile onitsha river Port is dead.

onne port has been converted to a naval base by OBJ.

Warri n Calabar ports were all closed by FG as well.






""we do not have vessels carrying cars there atm thats the only let down""

pls don't say this again.
Why are you doing this to yourself, I fly to PHC every year since 2011,go on line and Book flight from London to PHC, use Lufthansa, KLM or Air France, see what you get.Non of these flight go to Enugu, there is no route there.
I shipped a container to One port March this year, so waht are you saying, IM scheduled to do a shipment to Onitsha port as we speak,Speak of waht you know Bro no need for assumption

Car Talk › Re: 6 Ways To Spot A Flood Damaged Car by erico2k2(m): 9:03pm On Oct 11, 2017
only your VIN check can reveal this.
Politics › Re: Looters Trial Begins Soon, Buhari Says by erico2k2(m): 9:02pm On Oct 11, 2017
Distractions grin grin grin
Politics › Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by erico2k2(m): 9:00pm On Oct 11, 2017
confiritch:
The argument whether Value Added Tax (VAT) and Sales Tax mean the same thing need to be put to rest by reference to their historical background. Before 1st January, 1994 Sales Tax which is also known as Single State Tax was levied on some goods and services in Nigeria and covers only nine (9) categories of goods. The tax base was narrow and negates the fundamental principle of consumption tax which is expected to cut across all consumable goods and services. It is collected by State Government. On the 1st of January, 1994 the Federal Government of Nigeria replaced the Sales Tax with VAT which is also known as Multiple Stage Tax. It has a broader base and applies to the difference between total value of input and total value of output produced at each level of production to the final stage. Due to the difficulty in determining the actual value added, the difference between purchase price and sales price for each stage of production is adopted as the tax base. It is collectible by Federal Inland Revenue Service (FIRS) and the Government realised N8 billion in 1994. The tax rate is 5% in line with VAT (Amendment) Act, 2007. Time will not permit me to discuss Registration, Penalties, Exemption with relevant dates, Calculation and currency of remittance, Tax invoice particulars, Tax Appeal Tribunal and the Role of the Federal High Court. Meanwhile, the distribution of proceeds of VAT is 15%, 50% & 35% to FG, States (including FCT) and Local Governments respectively.
Thank U very much ,now thats an enlightened Soul, just wait, they are coming, they will still tell you sales tax is same as VAT even when you have spelt it like ABC with references and dates!
Now by ur above statement as per what VAT is would it not be safe to say the Lagos state governor was talking BS?
Politics › Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by erico2k2(m): 8:55pm On Oct 11, 2017
PrecisionFx:
No Sire.

Every state must share in the VAT.
Or else FG would have to reopen Onne, Warri n Calabar seaports n Onitsha river port and also build a river port along river niger states like Kogi n benue.
Bross FG did not close Onne or Onitsha seaport, the only reason you do not know about them is cos you do not have any Biz there, the One and Onitsha ports are functioning,we do not have vessels carrying cars there atm thats the only let down.But soon Im very sure RO RO will soon land Onitsha and One ports and that will be bye bye to Lagos.As things stand people in the EU and US who live in teh SS and SE now fly straight to PHC no need going to Lagos.
Politics › Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by erico2k2(m): 8:44pm On Oct 11, 2017
aribisala0:
You are contradicting yourself..
Empty vessel
Tell us why Abuja is generating 20% of VAT .

My business moghul grin
you and your lineage are Full of Empty vesels

Politics › Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by erico2k2(m): 8:42pm On Oct 11, 2017
takenadoh:
Onitsha Port they are talking about dredging this and that and inland water way , concession agreement?
I have used it B4, two years ago, but I used One March this year, I think the Onitsha is faster
Politics › Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by erico2k2(m): 8:32pm On Oct 11, 2017
aribisala0:
Let us test your brain even fjurther Efe Uses his phone to communicate with EVans the Kidnapper who gets his ransom in Lagos? Where was the VAT generated. You keep arguing about how VAT is multilayer multilevel and then you want to localize it to one point .Reality is you do not have the brain power to carry through that argument

VAT is chargeable on CLEAR VALUE ADDITION activities and there is absolutely no limit to the number of times. When you load a truck of beans it is VATable. You Unload in in another state VAtable. Now the Vat would depend on the Salaries of the loaders and overall cost of loading. Lagos would be higher.
The restaurant owner buys the beans and cooks it it is VAtable.

The customer shitts the beans into his soakaway till it is full and calls the Vacuum truck to suck it out again Vatable so your idea of localizing where VAT is generated is really quite foolish .I am not saying you are but sometimes we all say foolish things because of one reason or another
Was that not what I was trying to say when you claimed VAT and Sales tax are same? can you charge sales tax twice on same goods?Now you are back to eat your own vomit,Anyway, Im off to the property and Auto Sections More senses there I guess.
Politics › Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by erico2k2(m): 8:28pm On Oct 11, 2017
takenadoh:
Yes they are, why are goods meant for Onitsha shipped through Lagos not Port Harcourt or other ports closer.

Anyway I don't have time to argue, when u check the cost of shipping and handling to these places u'll understand
No not at all, as we speak, my next shipment is to Onitsha Port, for quick clearance, the port at One Rivers state takes a bit longer!
Politics › Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by erico2k2(m): 7:54pm On Oct 11, 2017
aribisala0:
You pay VAT to LAgos Governmenthuh shocked shocked
I asked a question, Is it owned by lagos state govt?
Politics › Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by erico2k2(m): 7:52pm On Oct 11, 2017
aribisala0:
Owns? Who owns the oil from the Niger Delta?

Why did Ambode find it necessary to speak out when you investigate those two questions you will be close to an answer
Leave 9jadelta out of this, answer the simple question.No need deviating frm the subject of the day which is VAT,after all I have been amused of diverting the argument!
Politics › Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by erico2k2(m): 7:50pm On Oct 11, 2017
aribisala0:
In other words Sales Tax is VAT at the retail level. But Vat is collected at other levels that is what I have been saying all along Now we can agree to dis agree on this which actually is irrelevant. We can argue endlessly about whether milk is a drink or food.

I will not persuade you and you will not persuade me so can we quit wasting time on what is irrelevant here.The issue is about the fact that this tax is collected in Lagos you moaned about handling charge on container ? Was it not handled in Lagos. Why is VAT not levied when your containers are unloaded in Nnewi?
Why is VAT not charged for warehousing in Abakaliki
According to your definition which you have been chewing the curd on then there should be new VAT at every stage of Value addition as your container makes its way to Mgbidi

What you have failed to show is how this VAT is not due in Lagos

The other question is why is Abuja second with 20 % of VAT collection followed by Rivers 6% and Kano5% what is the explanation for that? That is more relevant than whether is is sales or Buys tax
Well saying VAT is sales tax is like saying Demand is same thing as supply but lets leave that argument,Now tell me the Port at which I do biz and Pay VAT to in Lagos, is it owned by Lagos State govt?
Politics › Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by erico2k2(m): 7:43pm On Oct 11, 2017
aribisala0:
I agree with your second statement but how is it relevant?
The law in NIgeria which you may not know is ALL businesses should register for VAT,whereas in the UK your business must have a turnover above £70k or so.

Please let us stick to the topic here .
You have been arguing the multilayer definition and still contradict yourself.
If the container was HANDLED in Lagos where should they pay the VAT.?
When it reaches ist destination is it not HANDLED.?

Why is that VAT not collected.
I would argue that the states there no incentive to do so especially if they don't get the money. In that regard the processes are more efficient in LAgos
Dont worry we are sticking to teh VAT issue, Now let me ask you, going by my same narrative, who owns the VAT collected at the Port AKA handling fees etc? State of Federal govt?

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