₦airaland Forum

alanto:
I'm impressed.

Impressed by what you did not understand,
Na wa for you!

Good initiatives if the government is serious.
In Nigeria, the universities will lobby to get the money.
They will be required to employ consultants with 50% of the money.
Then the will use 45% to clear the farm land.
They manage the remaining money to acquire 50 pigs.
Feeding the the pigs will be a big problem.
By the time you go there in the next 6 months, the grasses will be back.
You will hardly see anybody around there.
No questions asked, no one will be hold accountable.
Life continues as Nigerians.

Oyindamolah:
The bolded was a good move.You can buy your domina from lytehosting check then out

Is Iytehosting Nigerian, because the one that disappointed me is a Nigerian host.
Moreso, they will just list the various packages without telling you the implications. How am I supposed to know the number of persons that will respond to my ad and visit my site?

Porn is addictive. Life is not perfect for all. It is not good to abandon her in a time like this. Mere telling her to stop it is not enough.
It is a fight. You have to fight with her to win. The addiction can be stopped but not with mere advice.
She needs to see the destructive effects of porn first, then her brain will begin to reset. The book "How we quit Porn and Masturbation " will help if you can get it for her.

ecomalchemistt:
After school ' you drop your certificate enter street.

Learn digital marketing , enter market find fast moving goods , spend money on ads and sell.put money for pocket , wash rinse and repeat 🔁.


Money dey street, you wan wear suit and tie dey find office work.. congratulations, body go tell you.

That's exactly what I did. As an Accountant, I got tired of working on old records and on the money that other people ate.
But digital marketing no easy oh. My website just crashed. They said the traffic I sent there is bigger than it's capacity. So am back to square one.

shivisee:
Pandora and his osudient don push dele inside well again! The moment they start praising him,I knew the lier is doomed! When I read Achebe's story and his side in the civil war,”how he was using propangandas to sell his book, I realised that propangandas is an Ibo DNA embedded features! Such babaric features is always pass down from generations to generations. Throughout Achebe's life,he and other low budget writers were peddling lies about Nigeria! He was refer to as a propangandist in the civil war on WILKIEPEDIA! I mean gowon is still negotiating to go back to aburi to renegotiate the agreement,but Ojukwu been a greedy man think,he can quickly corner nigerias oil and started selling it to buy ammunitions,him and his inexperience soldier started robbing CBN! That was what started the war! Yet they use propangandas to claim victim! It’s the same style dele wanted to use to blow by first praising obidient and ibos! Thinking in his idiotic mind,he can mess with anybody!

Trash, For your mind now, you have said something, meanwhile all you said is trash.

Maybe Tinubu has repented from grabbing, snatching and running with elections.
This is the statement that empowered thugs and Agberos to disturbed elections in Lagos.
But no problem, let's keep this advice for him come 2027.

ike007:
School is good o...the heading or topic should have been "Davido was paid $10 million dollars to perform at a wedding"

No sir, You're wrong. Note that there is a question mark at the end of the heading. It is speculative, suggesting that the writer is not sure.
He couldn't have said " Davido was paid " when he is not sure.

Wallade:
Please read:

https://rmafc.gov.ng/2024/12/press-release-rmafc-not-opposed-to-president-tinubus-tax-reform/

The subject of this discuss was a misinformation after all.

So , you want me to believe this when even your people here have started threatening and bullying the RMAFC man here. Well it is not misinformation.

Wallade:
60% derivation of the total VAT generated from each state to the state where it is generated. Is that not beneficial to each of the states?

No , in Nigeria, VAT is paid where the company is located. So, we saying if he wants to make 6o% derivation, then companies like MTN should be tracked to pay VAT in every states where MTN products are used .

Wallade:
How is the proposed Tax Bills translating into Southwest politicians greed.

Doesn't the proposal favor every state?

Can you explain how it does not favor every state and Local Government?

You , explain how it favours every states.
He wants to make 60% derivation, when the headquarters of most of the companies paying VAT are in Lagos, Rivers, Ogun and Oyo.
So if these 4 States take 60% of the VAT proceed , what is left for the other 32 states to share. So how does it favour them. Meanwhile, the products of these companies are consumed in all the states. These are the bone of contention.
So south west are supporting it because Lagos, Ogun and Oyo states are the biggest beneficiary forgetting that Niger Delta states can as well ask for 60% derivation from Oil proceeds as well.
How did Tinubu arrive at 60% with consulting the States and even RMAFC.
This is the bad governance we are talking about.

Bobloco:
“The Constitution designates RMAFC as the final authority on matters of revenue allocation,” the memorandum stated.

The Commission noted that “As such, no Act of Parliament, including the VAT Act, can infringe upon this constitutional responsibility. Any such attempt would constitute a violation of the Constitution.”

The RMAFC guy was drawing the attention of those working on the new tax bill to the fact that the RMAFC is the only body constitutionally empowered on matters of revenue sharing.

This attitude of attacking any contrary opinion should cease because evidence has shown time and time again that Tinubu has been making catastrophic economic decisions that have inflicted severe hunger and starvation on Nigerians since coming on board

Don't mind them. Tinubu keeps destroying the country with every step he took and some ignorant folks keep supporting him.

CodeTemplar:
The RMAFC man is obviously an ignoramus or tribal legend at best, parading as in intellectual. That it is called a consumption tax doesn't mean it is meant to serve the consumer or go to the consumer directly in anyway. It can still be collected at value addition location and reshared in Abuja, which is what Tinubu has done here. Let the ignoramus tell us who collects the VAT for good consumed outside Nigeria but within ECOWAS if the tax is for the consumer as they assume here.

It is a tax that should compensate whoever shoulders the burden of production or value-addition. It will be harsh to allow Lagos poach investors, create enabling environment, lost their land, culture, values to foreigners, suffer environmental degradation, provide supporting infrastructure like road, power, security and more, then you treat them equal with where the good are consumed because the textbook says VAT is a consumption (based) tax. It is collected from the consumer for consuming the value added unto the raw input but never meant for the consumer or her location.

It is like saying tolls collected in Kano for a road should go to Lagos or Rivers because the final destination of some of the passengers include Lagos and Rivers. The road is a service and is provided by Kano so why reward the destination of the passenger? What about passengers who end up in Ghana or Cameroon?

If we use this logic of the foolish and greedy RMAFC boss, states may be forced to collect it forcefully like that of a tolled road that serves interstate traffic and there will be chaos and rip offs because they will charge far higher than the flat rate FG is enforcing.

VAT is best managed centrally and redistributed to whoever is absorbing the impact of the value-addition within the value-addition chain accordingly. If nigeria must grow to become a hub where thing are manufactured and sold all over west Africa, this bill is good for rewarding value-adding states.

Man, you are not making any sense. The RMAFC man is right. Apart from VAT, don't companies pay other taxes and bills to where they are situated. VAT is consumption tax. If Tinubu want derivation as the basis for sharing the proceeds, Then goods and services should be tracked to where they are consumed. Companies like MTN should pay VAT in all the states since you think that you are wise.

Shawarmagirl:
FACTS. If you vote you are Mumu because your votes won't count and it will be rig again in favour of APC.

Stop discouraging people. If votes don't count, Why do they buy votes. Did you know the amount these people spent in vote buying?
You should rather advice people not to sell their votes.
If GEJ can be voted out, then who is Tinubu.

epainos:
Now I know that Obi is a foolish man.

Dele organised a press conference on this matter, and he said he is ready to meet Afe Babalola in court, and this useless man is making Afe Babalola feel like a god. Obi is useless. Dele said he is ready to meet him in court. And if the court fails him, he is ready to go to prison. Has Dele ever told anyone he is not ready to enter Nigerian prison? It is like saying Fela Kuti should beg.

Obi should mind his business.

This is about the judiciary. Let us see the end of this matter. If Dele is right, may Afe Babaloa spend the remaining part of his life in disgrace. And if Dele defamed him, let him dance the music he has played.

Obi is one of the evil Nigerians that will not allow the system work. Let the system work. Let the drama play itself for goodness sake.

By the way, Dele is ready to go to prison. Also, Dele is not poor and he has the means to run away, but he has chosen to stay behind. He said a lot of things about Tinubu himself. And he didn't run away. If he has anything on Obi, he will say it.

This is our judiciary vs defamation. Let us know the real truth. Even if Dele goes to the prison cos of bad system, we will still see evidences. Afe Babalola is not a god. He should be disgraced if he is one of those useless SANs that bastarsized our system.

We all know that strong people bastardized it. So, if God is going to start with Afe Babalola, let it happen. And if he is innocent, let Dele pay for it.

So, Obi should stop this nonsense.

Mr man stop this your childish talk. So if two people are fighting in your presence you will allow them to die. See how you are talking like you're a god.

Tinubu should go and rest with his tax bill. His only concentration is on money matters. Let him introduce bills to reform security, agriculture, election , corruption in government ,health and education before we can take him seriously.
Why the obsession about money and tax.
The op who was listing the benefits of the tax bill ended up saying nothing.
He did not talk of 60% derivation and how it will benefit the States.
He did not talk of how States will capture the real consumption of the residence.
He avoided all the grey areas while listing vague benefits that are not measurable.
They think we are fools in this country.

Bobodee09:
Like you aren't guilty of the same thing.

Well, not guilty, I don't pay because when you pay in this country, somebody will use his pen and corner it for his family use and nothing will happen. Even if he is caught.
Until the country is ready to fight corruption and impunity in government, we are not guilty.

Bobodee09:
Joke of the year.

That's why our tax collection is very low. In advance countries, it is not a joke. They will track every transaction and ensure that the right amount of tax paid. Or you go to prison when you default.

Bobodee09:
So if I sell my car to you ...you will pay VAT??

Yes, you will include the VAT in the price you will sell it to me. Then when I pay, you will remove it and pay to the government through the Firs.

Bobodee09:
VAT is only pay for goods and services.

You pay VAT when you purchase a car only in Nigeria.

You can't pay a levy and still be charge VAT it doesn't make any sense.....custom duties is a levy.

VAT is value added tax. This is how it works. When you import cars or other goods, you pay VAT based on the duty you pay. It is not based on the value of the goods.
Then when you sell the car or the goods, you made some profit. This means that you have added some values to the car or the goods. So you pay another VAT based on the value you added. That's if you make 100k as profit. You VAT will be based on that profit not on the value of the car.
If the person who bought it sell it and make some profit, he will still pay VAT based on the profit he made. It goes on like that. This is how VAT works.

Bobodee09:
Kindly post receipt of the duties you payed that VAT was added since you slow to know what is called double taxation.

Guy, don't argue what you don't know.
You pay 7.5% of your assessed duty as VAT, . Later the customs passed The VAT to Firs. That's how it works. You can ask anyone. I don't need to post any receipts because it is a common knowledge.

That's it. You are busy chasing tax bill in the system that allows one individual to pocket all the taxes collected in one year and walk away Free.
Tackle corruption, no. But you are only interested in where to generate more money to loot.
Let Tinubu present bills on corruption, security and electoral reforms before proceeding with the tax bill. This is our stand.

dealslip:
Omo I actually refrained from calling him an illiterate. I now see why the bill is having challenges. If he could articulate such rubbish in English language. Asides that car has nothing to do with VAT, how does the excise duties on cars be paid to Lagos instead of NPA? It's so tiring!!

You people are the real illiterate who doesn't understand what you are defending. The customs collects import duty and VAT are paid on every duty paid which is channelled to FIRS and recorded in favour of Lagos states as the place of collections, so who is the illiterate.
Sometimes in the port, Customs may not query much on VAT because it is not their primary area but VAT is paid on every duty except where there's an exemption.

Bobodee09:
Most you are just educated illiterate honestly.

So duties paid on cars is VAT, oil companies tax is VAT??

Like do you know the meaning of VAT??

If you are an undergraduate or a graduate you are a disgrace to Nigeria education system.

You are the one that is the illiterate. Can you pay duty without paying VAT on it?
You don't know that you pay VAT on the amount of duty you paid, Mr literature.

Meti99:
We are talking of a Bill that meets Global practice standard.
Yet some people want to limit Nigeria to a Northern people locally acceptable standard.

Ko le werk

This is the same way you talked about subsidy removal and floating of the Naira.

Iolo:
I’ll try to enlighten you with some of these points you’ve raised.

1. Taiwo Oyedele and his team spent more than a year fine tuning these tax bills. The governors are only being mischievous saying they aren’t aware of its contents. They didnt get their way during the initial consultation phase and are trying to scuttle the process as a result.

2. Aggregating revenue collection into a single body is laudable. Whether or not consultants can be introduced into the process is a suspicion at this stage. Practically, consultants already work with most of these revenue generating agencies at the moment that I’m aware of and take a piece of the pie for doing nothing. Leaving the argument of consultants…the key challenge we’ve faced as a country is many agencies forget their primary goal is service delivery and not revenue. That is why you will see that the likes of NIMASA, Customs, etc all have very poor attitudes towards their customers (we the people). Putting revenue collection with the NRS / FIRS introduces a separation of concern that helps the entire ecosystem. It becomes harder to bribe for a reduced duty or side track the system is if the NRS is doing their job correctly they can audit the funds coming in vs what’s expected for each agency and spot leakages.

3. Regarding economic council feedback to pause the bills. The challenge with Nigeria is everybody likes to be a big man and be carried along with every single thing. What is the job of the National Assembly? They have public debates before passing bills and we’ve seen that used in the past. Why can’t a governor go there to air their views while it is televised on the TV. Any body who says they want to be consulted outside of the NASS is either waiting to be bribed or courted or just against the bill for their own selfish interest.

4. Corporate tax is an FG matter and doesn’t involve states. They way the FG is likely looking at it If you don’t tax SMBs below 50 million turnover, it could mean these businesses hire more people, which in turn translates to more PAYE going to the states and also VAT being generated. In the actual sense, the number of SMBs paying corporate taxes correctly in Nigeria is very little. There are a lot of businesses who do not pay corporation tax and it’s easy to not do so unlike PAYE and VAT so the FG is being smart imo to forgo this segment.

5. The issue of forgoing PAYE for min wage earners is a statistical thing. Again a way to think of it is putting more money into the hands of workers will drive more spending..they will buy food, clothes etc . Taxing this spending will be captured under VAT. Rather than tax at the source, you can tax the workers expense and create multiplier effects for the economy that way.


In summary, any body opposed to the bill should write their objections to the National Assembly and give Nigerians their alternative proposal in view of everyone. That is all.

There is nothing to enlighten about. It is the usual rehtorics and propaganda.
You said if subsidy is removed , the government will have enough money to turn Nigeria to Dubai within a year. Today, subsidy has been removed and we all know how far.
For more destruction , you people came up with an ambiguous tax bill with the usual talk of how every household in the country will be transformed to Dangote.
Well, once beaten twice shy. We refuse to accept all those grammars this time.

epainos:
Na illiteracy dey worry you. You are just repeating the song by your sponsor to stop this. Go back and watch oyedele's videos explaining this. Stop being a nuisance spreading lies. Illiterate allowed himself used. Na you go face the music later if these bills are not passed because that N10k you have collected will finish soon. Illiterate.


Illiterate, stop spreading lies. It is not 1 million naira and blow not paying. Go check the facts well. Stop spreading lies. You are disgusting. Werey.


The question is that how many companies are in other states where they don't have anything to offer businesses? These bills will make them start thinking how to attract investors. And if they cannot, let them merge with the states they are created from. They are not self sustainable and shouldn't be a state in tje first place. The main criterion to be a state is self sustainability, but they were created to take more. This should be corrected. Go school and learn, you won't go. Now, see your life. Illiterate.


Your norther governors and people have been suffocating others for over 30 years, and others didn't die. Others are saying they can continue if the north will not bring to the table. Go and work and also bring to the table. This is equality.


Name the 62 bodies and name the single body. This issue can be looked into.


E dey pain you. We have supported it. N70K to N100k will pay nothing again. Also, less than N50 mullilliin per annum turn over will pay nothing again. It is a win for the masses. Your papa sef fall into either of these category. Even you. So, what is your business? You keep saying government is bad and not for you....and here you are saying poor ppl including you must continue paying. Are you really OK? No. You are not because the small bribe you have taking to support these few animals is intoxicating you.

You are definitely sick. Guess what? These bills are gonna be passed.

Mr man, I will not engage you in name calling because I know your level. You just sit in your room and type nonsense.
States should merge? Is that not a childish talk. Let your Tinubu go and merge them.
This was how you people said, if subsidy is removed, government will have enough money to turn Nigeria to Dubai within a year. Today subsidy has been removed and we all know how far. He is now looking for more things to destroy.
He came with an ambiguous tax bill, and the usual rhetoric and you started supporting again, even when you did not understand it.
Stop talking nonsense , go and pass the tax bill if you think that it is a childish thing.

Vision101:
You want us to wait till eternity for a bill that the economy will leverage on? We must not generate income to run the economy. The tax bill blocks leakages and make collection economical.

You are among those who did not understand what the tax bill is all about.
How did it block leakages and make collection economical?
Well, take note, I am not one of those you people can use all those propaganda and vague promises on.

The people supporting this bill doesn't understand the implications.
1. If you make derivation the major basis for distribution of VAT proceed, then companies like MTN will be made to pay VAT in all States where their products are consumed. Just like other companies. This will amount to confusion that will affect businesses.
2. If you exempt people earning one million and below from paying income tax, then apart from Lagos, Rivers and other oil states, how many workers in those other states earn over a million.
3. It is the same thing with companies, how many of them in those other states earn a turnover of 50 million and above.
These are what the Northern states are saying. You want to suffocate them and you don't want them to complain.
4. Taxes, including custom duties that are collected by 62 bodies, you want it to be collected by one body so that it will be easy to introduce consultants to the process. How will all these work and benefits the people and other levels of government.
5. The Economic council and other bodies advised for more time and consultations to sort out these issues, you said no.
And some people are here supporting it thinking that it is a Northern problem.

Macphenson:
One of the most controversial issues in this Tax Reform Bill is that 60% of VAT to be shared by states will be given to the state it was collected from, It seems by this it will only favour mostly Lagos and Rivers State to the detriment of the Northern states who are collecting more VAT based on population.

Here is my concern, Lagos state was deliberately made the commercial headquaters of the Nation to the detriment of other states the more reason it collects more taxes.

Practically, All the cars entering the country pays their tax to only Lagos state. Even the cars to be used in Rivers, Akwa Ibom, Bayelsa, Delta and Cross River states. Now this is not fair to these states as they have their own seaports but cars are not entering them, the taxes they are supposed to get as a state goes to Lagos state.

Also, Telecom companies pay their VAT in Lagos because their headquaters are located in Lagos, If this new bill is passed, that is no longer fair to all other states where the Telcom companies operate. Telcom companies should now start paying VAT to each state they operate as you can no longer rob Peter to pay Paul.

Oil companies have their headquaters located in Lagos while they operate in different states especially in the Niger Delta. This will no longer be fair if the bill is passed becaused those states where the oil companies operate will start demanding that the oil companies pay thier VAT in those states they operate.

The truth is this bill if passed, is seriously going to open litany of issues which I dont think at the moment the bill captured or resolved it.

Another worrisome dimension, this may prompt the oil producing states to start demanding for 60% of the oil revenues from their respective states, once this happens, chaos will reign supreme in the country.

You are the only one that understands what is at stake, even more than Tinubu and his people.
They think that governance is about agberoism.

simpleseyi:
We will pass the Bills, even if Heaven falls.

Even if no single Senator from the North and South supports the Bill, we will still pass it. Once SP Godswill Akpabio says “those in support say Aye”, if no single person says “Aye”, then silence means acceptance and consent, then the Ayes have it. If you like bring out guns on the floor of the House, once Godswill Akpabio pronounce God’s Will, it becomes LAW. Ogun kee una Mama.

Instead of bringing together your best brains to scrutinise the Bills and see how you can propose adjustments and modifications that will favour you, and if all you have in your states are serial killers, you can employ Consultants from any part of the world to help you scrutinise the Bills. Once you don’t do that, but you think you have any means of stopping the Bills, then you are damn for life, because we will pass the four Bills even if no single Senator besides the SP supports it.

You don’t know the new Sheriff in town, he is the head of the Mafias, so no kindergarten cabal can stop him, he is the god of Politics and Strategy, he is Emilokan Asiwaju Jagaban Omo Alhaja Abibatu Mogaji, won n le l’eyin, oun le ara iwaju

My man, stop bragging. I don't even think that you know the content of those bills. Me I don't know that's why I cannot comment yet.

kasim155:
Yeah, the constitution did not say so, but members of each of the top political parties in Nigeria have agreed to the zoning pattern of after a Northerners tenure, the next president should be from the South and vice versa.

So you trust politicians. Why did Atiku and Kwankwanzo contested in the last election after Buhari. Do you think they were joking?