₦airaland Forum

EgunMogaji:
Says the fact that I've never seen anyone feature a wood built structure in this forum and that over time the subject comes up no one has said anything positive about it.

Everytime I bring it up I'm told that there is a specially made termite by Lucifer himself that carries away wood structures during the night
How many wooden structures have you constructed from this eloquent sources that you mentioned?

On your Hacienda, as a vocal builder on here, is there a single wooden structure on the premises?

That termite nah me talk am

sniperr007:
Hmm...using 0.05% will b cool. Each deposit will b taxed equally

And when U deposit N1m?

wristbangle:
So the news about Nigerians working in mortuary is false? Does that mean people spreading this information are lying?

Anyway what about the other listed points brother?

yes it is, to even work in a morgue you need papers, then if you have papers why would you work in a morgue or be a maid or clean the streets when you are educated?

wristbangle:
The rush for greener pasture has becloud the vision of Nigeria Graduates to the extent that most believe nothing good can happen owing to the deplorable state of the country's economy.

As a result of negative economic situation, some have travelled to the overseas in search for good jobs but it's unfortunate that they eventually secure shameful occupation which they can't even wish for their enemy to do.

Therefore, 8 Annoying Jobs Nigeria Graduates Do In Order To Survive At Overseas Countries

1. Cleaner

It's so demoralising to see a PHD holder cleaning toilets, streets, floor of hotels, bars and offices. No matter how terrible Nigeria economy is, a graduate of such calibre cannot even think for once in picking such jobs in this county except if his/her village witches are at work.

2. Security guard

I have heard cases of professors in Nigeria University been employed as security guard in overseas countries because his quality of education and expertise cannot even match the skills an employer is looking for. What could be so agonising to see your celebrated professor as puppet in another country?

3. Washing dead bodies

It's rather an insult upon injury to see a Graduate of this country washing dead body in another man's land to make end meets. The most annoying thing they claim to be working as forensic officer but what happens when they contact a deadly disease during the occupation, of course prophet T.B joshua will be at their rescue.

4. Prostitution

I don't know why some ladies who are graduates has completely lost self esteem and integrity hereby resorting to prostitution career when they travel to overseas. This is a common act in countries like Italy and Brazil where they have sex with all sort of men, dog, horse and monkey in order to make money. I am sure that people must have heard the story of a female Nigeria celebrity who did this act. I pity the guy that will marry her.

5. House maid

I believe that the highest qualification to select a house maid suppose to be someone with O level certificate but the case is different in overseas countries where some Nigeria graduate make mockery of their selves to work as house help.

6. Refuse and Sewage packer

Honestly speaking I pity the life of refuse and sewage workers because they are marred with poor health condition which is as a result of the bad stench oozing from the waste. Let's be frank here, can a white man work as sewage worker in Nigeria? Abi no be the same brain God give us?

7. Drug smuggler

Smuggling cocaine, hemp, marijuana and other hard drugs is not a legitimate occupation and it can never be. Greed and desperation to become wealthy fast has ruin the destiny of so many Nigeria Graduates whereby some have rot in jail while others has received death penalty.

8. Undertaker

There is dignity in when a graduate of this country patiently build his/her career at expense of picking a job that will never add value to his resume. Imagine a graduate working as undertaker (lifting corpse in coffin) at overseas countries because of the money attached. Is that life?

You can also add yours

Lalasticlala

Unu nor dey tire sef,batching people in diaspora since 1860 .You in person can you confirm you know anyone who does them JOBS listed by you? or its just another case of copy and paste

MayorofLagos:
What jurisdiction power does a foreign court have to issue judgement on a Nigerian Government?

The one that can cut all aids and instigate sanctions from Un and Opec etc

GeneralShepherd:
I'm here to check the name

Me too I come check the part of Nigerian where him frm and was not disappointed.

puffcity:
imagine it happened during GEJ D Hero presidency....... can't stop laughing for dis people oooooo

@2009?

dustydee:
Do they have jurisdiction?
If the UK court wants the money they should come and take it.

They could initiate sanctions. U want us to be like Zimbabwe?

bobby56:
Can u see your selfishness and myopic understanding? You can never grow(it is not a CURSE). Your reasoning is just too low for my liking. The mere fact that the directive said "SAVING ACCOUNTS and transfers/withdrawals by self" are EXEMPTED made you to support a broad-day light ROBBERY attempt by the FG. Because you operate a savings account, isn't it? Can u just listen to yourself? So if tomorrow you want to do business, you would maintained an 'ORDINARY SAVINGS ACCOUNT' just to avoid a 'fraudulent stamp duty tax' which you can voiced your displeasure against NOW. Then how do you grow? And if tomorrow somebody wants to pay you by cheque, you will asked him to cash it, abi(BOYS STILL DEY OUT THERE)? And what give you the assurance that Govt will not extend the Tax to cover Saving Accounts(in future) if the pilot stage go smootly? Moreover, I hoped you remembered that some savings account operates like Current? So if the Bank start deducting your money unnecessarily, DON'T COMPLAIN.

I did not want to reply you but I went fru ur post then realize you are pained in Certain aspect of your life hence you are telling me I will never grow and the outburst,how can U tell a man that has grown that he will never grow? ? Nairaland is Indeed a faceless place.Now not boasting. I even have a platinum card U are here chatting about savings and current accounts .I do have a current account but I do not operate it as I ha e no need to however I ha e a Barclays current account and it's all the current t account I need in the while wide world. Plz keep ur growth to yourself and I dont need your prayers I'm more grown than U can ever imagine.

foriz4u:
my guy stop confusing ur self and accept correction. d only exemption is when u pay or transfer money into into ur own bank account by urself or u do a transfer from say, ur gtb to ur firstbank acct that's if the two acct r bearing the same name ooo...but if u send ur siblings or frnds or huz helps or coy or ur office pays in money into ur account u will b charge 5% (N50) on every 1k deposited. I hope u get it now.
instead of coming back to quote me with counter attack I advice u tnk me for educating u ok

Have you read it Mr?

egbonnla:
Read what you attached. It says any form of withdrawal or transfers from savings account is exempted. It did not say deposit or transfer to savings account is exempted. That is why I said it is not explicit unless CBN clarify further

Plz read what #2 says.I'm sure you are as intelligent as U sound.

egbonnla:
Please read the CBN circular very well. It did not state explicitly that savings accounts receiving deposits will not be affected. CBN will not be foolish to exempt savings accounts as there are now savings accounts that have all the features of current accounts except that the cheques on such accounts will not go to clearing

Cos you fail to comprehend here a snap hope this is clearer

sniperr007:
U don't get it. Dats btw 2 diff countries wit diff currencies. Dis is within Nigeria. Dey use same platform NIMBS. So y will u charge me for receiving wen u r promoting cashless economy.

If u must charge,y not do it based on percentage & not a fixed amount dat hurts d low income pple.

%is worse trust me I live in a country who heavily ta. It's citezens

egbonnla:
Please read the CBN circular very well. It did not state explicitly that savings accounts receiving deposits will not be affected. CBN will not be foolish to exempt savings accounts as there are now savings accounts that have all the features of current accounts except that the cheques on such accounts will not go to clearing

Kia na wah sha. Look at what the guy above you wrote?;
I think you refuse to read the CBN directives.plz go and read it!!!it clear state it there. It's exemptions etc.

foriz4u:
I don't get u, how do u mean a non savings acct? isn't this supposed law applicable to savings acct, current and every other acct deposit? is it jus tailored to a single acct? oga educate me, u seems to. a schooler. is N50 not 5% of 1k?? oh u have not given it a close look b4 sha?? 5% on every 1000 of money u send to ur brother/sister, children cousines, frnds in school, and on evry mny that enters into ur acct evry single day. not pet month ooo guy, per deposite above 1k now think abt it, b4 the end of the month hasn't that gone drastically above the value added tax(VAT) and u r rejoicing, clapping ur hands in support. don't worry when u start seeing how our politician start buying private jets, buying properties in Dubai, Paris, Canada n our new dead n povertarised NIPOST b d richest organisation in west Africa with little or no employment n poor services to nation pls don't ask how come o n don't complain.

Whom yoy quoted was right to ask you the question of how you could earn N xxxx when you cannot read.young man go back and read the CBN page on this issue.

GeneralShepherd:
Why is a none existent NIPOST charging stamp duties?

When the start charging stamp duties for reciepts will they be posting it to the customer's home?

What is the purpose of paying stamp duties to a dysfunctional government institution?

So, you see nothing wrong in paying for services not rendered?

Ahah it must not be postal stamp.it could be a seal.it could be one of those red ones yoy see on deeds.

egbonnla:
Do I hear you say this policy will only affect the rich? Let me put some engine oil to your thinking mechanism. Monthly I send stipends to relatives and friends from my small earnings. Will they be happy that N50 is being deducted from the small money being sent to them?

Oga make I oil your thinking small. Ask ur relatives to open savings accounts only.

lomprico:
Niggarr! Am at work! I know u wont understand not until u get a job or start doing somthing worth while, then u will. I don't have that time to reply ur trash. You hear?

Only if U know how degrading the N word is if you live along its corridors of origin.

bejeria101:
Some pple wont think straight,the op brought out strong points,anytin dis inept govt does pple wont reason but starting wailing like morons,why is this account outside the tsa account? And u dnt see anytin wrong? Awon ole!

He has been answered just read fru.

Clinton207:
I wonder how some people defend every action taken by this current FG, imagine charging N50 from my hard earned money for every transaction above 1k,hmmmmmmm it is well oooo.

So yoywan U wan do follow follow? Who told you it's every transaction above 1k?

2n2k:
My gripe is with people whose knowledge is not up to one yet still dividing it into two. Can you imagine.

As for physical adhesive stamp to be affixed by traders. Yes there will be. Pre-printed documents with 'stamp duty paid' emblem can only be done by government and security printers. Traders do not print their invoices and receipts in those sources. Also only authorized offices of stamp duties can put the embossed stamp duty dies (those red stamp dies you see on registered legal documents). Traders cannot be shuttling stamp duties offices just to legalize N2,000 transaction with a N50 stamp duty dies

In order to address this and ease the collection of stamp duties, Sections 11 to 13 of the Stamp Duties Act CAP. 441 LFN 1990, stipulate the procedure for the use of adhesive postage stamps by general traders as well penalty for failure.

I agreebut I recon some Biz owners might have a provition to buy seals if they can afford it.Anyway I won't be affected as my Account is saving and I won't open a current account in Nigeria not in 50 years we are not ripe yet.

wink2015:
[size=16pt]See what Akpobolokemi and Tompolo dirty hands in corruption has caused the good people of Gbaramatu Kingdom in Delta state. A marine university that is supposed to bless their lives considering their difficult terrain is now being taken away from their land

However, I would advice the federal government of nigeria not to court trouble in the niger delta. They should still go ahead with the project because the oil money that is keeping Nigeria together is generated from these areas.

Meanwhile, most of the federal appointment in the Buhari administration ( I mean juicy appointment ) were given to people of northern extraction a regions that produce no revenue for nigeria.

For peace to reign in the region, it is better Buhari allow the University to remain as the people will find the marine university useful to their lives given the fact that their areas are riverine.

[/size]

to your last paragraph, this what i also said marine should be left in the marines,someone quoted me asking jamb questions.

2n2k:
[b]@ OP, your post reek of ignorance and deceit.

You claimed that stamp duty is illegal in banking transactions. Have you read stamp duties act at all? Study the picture of the cheques below in case you don't operate current account and tell us what does 'stamp duty paid' written in circle round the coat of arm on the cheques mean.
What just happened since around early 90s was that banks stopped collecting/remitting stamp duty in contravention of the laws with impunity.

You should get a copy of any version of Stamp duties Act as amended or re-enacted since 1900 to date to read and purge yourself of ignorance.

On your deceitful claim of having read the whole budget document without seeing revenue from stamp duties in it. Really? Currently in Nigeria, there are very few registrable legal commercial documents that do not require assessment and collection of stamp duties by the Commissioner of Stamp Duties - be it, share capital registration, bonds and debentures, deeds of assignment, power of attorney, deeds of mortgage, power of administration etc. so where are the revenue from these captured? Office of the Commissioner of Stamp Duties was created even before Nigeria was amalgamated. (See a 1908 official document picture below).

For your education, the next step to be implemented (it is in the stamp duties law already) is that all commercial receipts must bear at least N50 postage stamp. So if your buy a phone from Okey shop at ikeja along, he must affixed the stamp on the receipt and sign across it. So get ready to carry your ignorant fight to the United Nations.[/b]

Ahah Take it easy on these guys, the problem is most of them are just plain lazy to read and educate themselves,they still wont go and read up the meaning of stamp duty
for those still in the dark a STAMP DUTY simply is*** a duty levied on the legal recognition of certain documents** in this case acknowledgement of receipt of funds unto your current account,hence 2n2k gave an example of carrying stamps on receipts.But 2n2k I don't think there will be a physical stamp we have past that stage though.

tempest01:
Oga...Stamp duty, tax, whatever we call it, it is a means of revenue drive for fg.

It shouldn't be. Given the state of our economy. All nigerians shouldn't be paying from our meagre income.

What happens to someone that sells a widget for 1500 with a 100naira gain and depends on bank payments and internet transfers? taking out 50naira for each transaction to buy luxury cars, feed fat, pay hardship allowance and wardrobe allowance does not make sense.


Increasing corporate tax or taxing luxury/imported items will increase the drive to find cheaper alternatives, which will encourage investors to locally produce widgets looks like a better way to increase revenue under present circumstances.

Again, FG should review the base amount as 1000naira is not an optimum amount for the current situation in nigeria if they go ahead with this plan.

I will remind you again its not tax as there is no % hence its a duty,it is taxed to the piece of paper you receive when you make a lodgement,it has nothing to do with all what you wrote up there.Talking of paying out of profits, the Nigerian trader already does that ie in the instance of POS you are charged a % which the retailer passes unto the Buyer.When you say review the base amount, to waht extent, N1M? even at that people will still complain,moreover if you only operate savings account then you got nothing to worry about,I have just a savings account in Nigeria and I wont open a current one cos I do not need it.Back in the days the only benefit of current accounts where the issuance of cheques.If you trade ask your POS and Online transaction to go straight to your savings account then you can transfer to your current account of teh bank of your choice is that so hard to do?.Look in teh world of finance there are loads of loopholes and loads of charges,one has to dig themselves out of the mud and find these loopholes.Nigerians should learn these.You said if they go ahead,its with immidiate effect.So kill your current account asap.

tempest01:
My point there is that the base amount is too low, naive or not...my argument was speculative.


I've not had chance to see the cbn publication.

Taxes should be more for the high class...If minimum wage is this low, then start taxing from minimum wage or around that range at least so we know you are sensitive.

I still stand on cutting cost of governance at this critical period.

I will refer you back again to the CBN doc b4 you put 4ward ur nxt argument.*This is STAMP DUTY* not tax,there is no % if there was then it would directly effect the ordinary man.this has nothing to do with PMB or GEJ,its all of the CBN

chukstel:
No one is complaining of bank charges. what we are saying is the N50 charge for stamp duty is not OK. this is different from the normal bank charges that you incurs during transactions.

where does the bank charge money goes to in the us? is it the bank purse or the government purse.

please let's not always use the wrong comparisons just because we want to defend someone/something.

thanks

if you check it says STAMP DUTY,I think most people are misinformed here about its meaniing

tempest01:
I can't tell...I used "I think".



I wasn't even aware of such act...someone said "since when abiola won election" that's why I wrote that

if you read the wordings of teh CBN you will notice the date and the citation, try and go back to read it.It is also contained i n the original publication of the mandate given by the CBN today.Our youths should learn how to get informed so they do not come across as naive when they put their arguments across.

tempest01:
I think when this law was made 1000 naira was a large sum of money...


If the current administration wanted to implement this, why not account for inflation and dey the price accordingly?


They say there's no money but their wardrobe allowance alone can pay minimum wage for a crowd.

The amount budgeted for Food and vehicles can be used for capital projects.

Why are we borrowing to finance trivialities when we can cut those costs?


The money should be from 50,000 up so that the poor masses are not discouraged from banking.

was it not made 2004?

sniperr007:
U ve ur point but d charges r goin to affect d poor masses more dan d rich.
Imagine #50 collected from a person wu receives #2000 & #50 frm a person Wu receives #200000.
Pls, Wu feels d brunt of d policy?

FG has to review whatever plan dey have before implementing Dem. Sad pple like u support everything irrespective of d direct/indirect effect on d pple.

If you transfer money from Nigeria directly unto someone's account in the USA via wire they charge the receiver, did you k now that?

otitokoroleti:
sir, from what I read it also affect deposit into savings account as long as the account holder is not the one depositing into the account.

Nop it doesn't, go and read it again, this is the assumption that is eating away the sleep of some people, read again and come back plz

some people reason with their backside,most of us here might never get to pay this money, to be honest banking is not really free,the banks have stopped COT with immediate effect from next month so what the big deal, they wont charge you if you transfer from your own account to your own account what ever bank and they wont charge you if you receive funds on savings account so this is mandatory for o nly current account holders, Now tell me is is compulsory to own a current account? cos I don't own one mayBE someone can tell me why they need a current account in Nigeria,what's the benefit?

EgunMogaji:
I know what you mean. Tight dark spaces to work etc but some of us bought land in areas where they tell you specifically not to leave the land alone and to place a structure on it.

For that purpose, N1m for German floor can raise the walls past lintel level and maybe even do roof carcass.

Both my buildings will have German floor but I understand those that won't do theirs until later due to cost. Not long term saving but immediate use.

But I understand your position, not all of us are swimming in Londoner money like you and Hajj

Baba we are same page this is a clear case of buying one cup of rice as to one bag of rice. .God is our strength provider.