₦airaland Forum

Nairaland did not post the topic about Tinubu ordering FIRS to start collecting taxes from petty traders and artisans but is quick to post a propaganda piece to counter the new tax regime.

The Nigerian Government through the Federal Inland Revenue Service, FIRS, announced the VAT Direct Initiative, a scheme that would enable FG to collect Value Added Taxes from the informal sector and reduce multiple taxations in the informal economy.

The FIRS disclosed this in a statement on Monday afternoon, stating that it FIRS is partnering with the Market Traders Association of Nigeria to collect & remit VAT from their members especially those in the informal sector using a unified systems technology.

The FIRS is the agency responsible for collecting Valued Added Taxes in Nigeria and other revenues accruable to the FG.

MATAN

The Market Traders Association of Nigeria, founded in 1995, in the statement revealed that it is the largest player in Nigeria’s informal market space with a membership of over 40 million

The FIRS noted that it is partnering with MATAN to collect and remit Valued Added Taxes from their members- especially those in the informal, adding:

“This collaboration is known as VAT Direct Initiative,

“A collaboration between FIRS and MATAN where MATAN promotes awareness on VAT collection and remittance in the marketplace and informal sector, while also simplifying VAT payment and remittance for the marketplace and informal sector using a purpose-built digital platform.

Digital scheme

They also noted that MATAN has a digital platform that enumerates their members giving them a digital ID card and tracks their turnover so that VAT accrued is collected and remitted to the FIRS, adding:

“The Initiative is the first of its kind that will utilize technology to foster collaboration between the FIRS and the marketplace for the collection and remittance of VAT.

FIRS says this will help tackle multiple taxations in the marketplace through partnerships with security agencies to curb the activities of touts and self-imposed tax collectors.

“This will also boost VAR revenue generation for the three tiers of government, which in turn means more money to fund infrastructure and social amenities.”

MATAN members will each receive an ID card upon enumeration, which would contain their Tax Identification Number and other personal details.

What you should know

Nigeria’s Value Added Tax (VAT) increased by 1.75% on a quarter-on-quarter basis, reaching N709.59 billion in Q1 2023.

The manufacturing sector accounted for the largest share of VAT collection in Q1 2023 at 29.65%.

Information and communication followed with a share of 19.29%, while mining & quarrying contributed 12.24% to VAT collection during the same period.

Source: https://nairametrics.com/2023/07/03/fg-announces-plans-to-collect-vat-from-market-traders-informal-sector/

Seeing is believing! Una go learn why dem dey call Tinubu Ojuyobo.

Lagosians cried more than this under Tinubu but Baba no send dem ooo. "Pay your tax or go back to your village" was a popular slogan back then.

richmond500:
All of them can't be presidential convoy, 123 convoys breakdown.


Presidential convoy____about 15 cars
Sanwo-Olu convoy_____about 7 cars
Commissioners________20 cars
Political associates_____20 cars
Business associates____8cars
Press and media houses____8cars
Those looking for appointment__17
Family members________8cars
Security_________________10cars

That's more than 115 cars already.
When Tinubu celebrated his birthday 2yrs ago, people came with private jets to Lagos too, forget presidency, Tinubu has too much connections and I will be shocked if his convoy didn't reach 100 now that people are looking for appointment and will even walk with him to the bathroom if they had the chance.
If you want to check Tinubu convoy, go and count it after all appointments has been given out

It is truly bewildering to witness the profound lack of reason in your attempts to justify the extravagant behaviour of the mandate thief, who presides over the poverty capital of the world, yet travels with a convoy of 15 cars. This senseless display is further exacerbated by the fact that you could justify a mere Governor possessing a fleet of 7 cars in his convoy, while commissioners indulge themselves with an excessive count of 20 cars. Such blatant disregard for the suffering of the people ought to deeply stir one's conscience, but some people don't have a conscience.

Enny2013:
Ha! Don't he use protections at all?

IDAN no dey fear AIDS. Na AIDS dey fear IDAN.

When a state Governor who didn't build any state owned enterprise brags about increasing IGR. You should ask yourself how he manage to generated the high IGR?

I told you all that this man's idea of generating IGR is simply by taxing individuals and businesses to death but you didn't believe me. We will all experience Lagos under Tinubu together.

Anyways, may this new POC levy favour me and my family.

Growing the IGR the Tinubu way! May this proof of ownership levy favour me and my family.

I did not see any rich man chasing Igbo-looking people from the polling units.
I didn't see any rich man using tribalism to campaign for Bulaba.
I also didn't see any rich man snatching ballot boxes on election day.

Poor people are the harbinger of their misfortune. So, let's keep praying that the new electricity tariff favours us and our families.

This is what they mean when they say Tinubu increased IGR in Lagos. Nigerians will experience first-hand what Tinubu's idea of increasing IGR is.

sreamsense:
This Obi-idiot will not stop disgracing themselves ignorantly. Once they know small JavaScript, they are now IT expert like this ignorant one I quoted. What has auto scaling got to do with security? Every cloud like Google Cloud, Microsoft Azure and AWS come up with extensive security measures in place to protect customer data including network monitoring, intrusion detection, and encryption, but those are just basic security measures, you will need to add more security measures for your organization needs from your end.

INEC is a big organization as customer to AWS, INEC must still take measures to protect her own data by setting up firewall rules to protect cloud server and internal Network using hardware&software measures, patching systems regularly, regularly monitoring activity logs especially during election,security audits, setting multi-factor authentication (MFA), encryption and ensuring proper access control is put in place to ensure that data is safe in the event of an attack. INEC will have designated computers and network link to AWS and her IT department in charge

There are several security measures that you can put in place to protect your organization when using cloud server like AWS, Google Cloud, Microsoft Azure or other VPS even though cloud service has taken care of some for you, need of individual organization differ and their security challenges differ. One man cloud user may be satisfied with security that came with AWS, but for many corporate organizations extra security measures will still be taken care of by themselves in terms of hardware and software security measure against their Network and server.

During election, INEC engineers and IT experts will have to be vigilant and work specially to safeguard AWS and her own network. They will ensure they stay ON 24 hours monitoring activity logs and intruder access to their AWS server. AWS will never give INEC or other organizations all security measures they need to protect themselves. Basic security measures AWS provided can never be enough for big organization like INEC, they will need to put extra security measure.

Don't allow being obidient to block your sense of reasoning or being over emotional that you can't see reality again. Wait for your AWS engineer to be crossed examined today if she will not ridicule LP/Obi. She can only talk about general AWS status for the day, she can't talk about security measure INEC engineers put in place from their end to ensure no attack is successful on AWS.

You yourself is too ignorant, auto-scaling you are talking about has nothing to do with security measure in this context of discussion it is just about storage flexibility to meet sudden increases in storage demand which is not related to security context of discussion at moment, this has shown you don't have adequate IT knowledge to deal with this subject, you are just Nsogbu, Nsogbu IT-novice. You can even cure your ignorance by just "Google it to find out if you will still need security measure for AWS or cloud in general aside security that came with it" and compare with your statement "... You don't have to create a new security measure..."
.

Chai! 40 years old man! 🤡 I'm sorry, I didn't bother reading your epistle cos I know it's irrelevant.

Leebeedo:
Read what you typed again. So INEC engineers are the ones protecting AWS servers security wise? You think AWS is a cyber cafe in your neighborhood? We have too many kids/illiterate in this forum. Just imagine the confidence with which you spewed that thrash out of your brain. You even got people liking your senseless post, they must be senseless like you obviously. Like someone else posited, you be real LOCAL MAN.

That security part weak me. Usually I don't reply to nonsense but I just had to. Can you imagine ballot paper printing INEC providing security for AWS.

sreamsense:
Do you expect it to have glitches before? What will be the essence of security measures INEC engineers put in place to secure AWS server? INEC engineer will tell you they resist attacks against the server from their end. And can you even defend internet connectivity issues from device users? LP can't prove this, they are only wasting time. By the time the engineer is crossed examine now, he may make LP feel like mumu

You probably know nothing about tech, AWS or server management, but you have a big mouth and an empty head, so? Now let me tell you why your argument is ridiculous.

* You don't have to create a new security measure for AWS, AWS has already covered security for you. All you need to do is to activate instances for WAF, auto-scaling, and load-balancing which is standard by the way.

* INEC cannot resist attack from the client side as a DDOS attack fictitiously manipulate server request in order to overwhelm the host. This kind of manipulation is impossible on AWS servers due to its auto-scaling module.

* Internet connectivity? Really bro? Bro focus on your business, you're too ignorant to be in tech. Neither you, INEC, nor the brightest agbado engineer can logically defend this against a junior developer.

Obi is coming!

This is not how a student loan program is run, rather it appears to be a government racket. Like all things Tinubu, there must be enough loopholes to create a market economy for bribery and corruption. Requiring a civil servant guarantor for student loan applications goes against international norms, where applicants are typically evaluated based on academic qualifications and financial need, not on the backing of a civil servant. Other countries have successfully streamlined their student loan processes, ensuring accessibility for deserving students.

Typically, students with the necessary academic qualifications apply directly through banks, but Tinubu wants students to apply through some ministry while also needing the service of a civil servant to guarantee their application. Nowhere in the world is the application for student loans backed by a civil servant or a judge. Why a judge? Is Tinubu trying to bribe the PEPT judges through this scheme? This stringent requirement raises questions about the government's motives.

Can you all see what I am seeing?

loosecanon50:
This your hatred is strong oo...killed kwa?

You have really lost it. Go for brain therapy, get help ASAP before you jump under moving train.

Just report the man and move on. Stop engaging this type.

Cos Obi won the election and they know it. That's why they hate him so much. They can't help themselves.

solmusdesigns:
Road wey I dey pass

Damn hate is a serious issue

I just showed you last month's editorial from one of our national dailies with Fashola, the minister of works admitting that the Lagos-Ibadan expressway hasn't been completed.

But i should ignore him and believe a non-entity who has probably never left his community. Show me where he claimed it has been completed and I'll apologize to you.

solmusdesigns:
Yes it has

When you won't travel out of your tiny room in the slums, how will you know what's going on in the country?

Lagos-Ibadan express way hasn't been completed to this day. Go and verify!

solmusdesigns:



A peaceful Senate is better than a rebellious Nsogbu Nsogbu assembly

Goodluck Jonathan proposed repair and resurfacing of Lagos Ibadan express way... Babalakin stole the money

Fashola went to Senate for Budget to fund the same Lagos Ibadan express way, Saraki and his boys padded budget with borehole and stupid projects


Same Lagos Ibadan express way killed many Nigerians because some idiots won't approve the Budget

Nigeria benefits from synergy of Executive and Legislative arms... Only fools and enemies of progress want tussle

.

Has Lagos-Ibadan express way been fixed now? Since Buhari got himself a rubber stamp senate and assembly.

They thought he'll only challenge the states he lost. Una no know PO.

Beremx:
I won't be surprised Peter Obi won sokoto state. What was on the IRev is different from what was announced

He didn't win Sokoto but LP result was suppressed by at least 40% in Sokoto.

mariahAngel:
How come almost all of you guys at some point in your lives have dated "one Calabar girl" that was good in everything, but none of you ever marry them?
How come, ehn?

There's always a story to tell about "one Calabar girl" by you guys.
You never disappoint.

Mine traumatized me. My first love got pregnant for another guy while I was waiting to eat the forbidden fruit after marriage. I've never dated a Calabar girl since then. It must be the trauma.

slawomir:
Damnnn niggar

Tinubu administration is about to kick off in a bad note
Imagine federal ministry departments and agencies have not been payed may salary

Before they usually gets thier salary Before 28 of every month

It is about to get worse for Nigerians

The truth and happy thing about Tinubu's administration is am not gonna pity anyone anymore since have realised that the masses are the problem of Nigeria
A south African friend told me that if tinubu gets more than hundred vote in this election then it means Nigerians are sick and the tribalism hidden in us is out openly

The masses voted for Peter Obi but the mandate was robbed. Why blame the masses? At least Nigerians got it right this time.
The stolen mandate will be recovered.

Well, it seems like the NNPC is taking their love for treasure hunting a bit too literally. Exploring oil in Borno? Really? I guess they're hoping to strike gold (or should I say "black gold" ) in the most unexpected places. I can already see their new slogan: "NNPC: Turning sand into slippery surprises!" Good luck finding those oil derricks amidst the sand dunes, guys!

Why are they printing papers for something a computer program can do? These guys are only interested in lining their pockets. The earlier we kick these criminals out, the better we'll be.

Reinstate Lagos 964,000 votes to Obi, Rivers 214,000 votes, Benue, Imo, Nasarawa, Kaduna and others, while deducting the same from Tinubu's padded votes. You'll discover that Tinubu came a distant 3rd, only defeating Kwamkwaso by a slight margin.

Mariam, your security should have waited outside while you eat. I havent seen a security that eats with the VIP before.

Anyways, thank God you have some money on you. The guy was an asshole though.

We know who we voted for, Sir. We will not accept a fraud because it's coming from the judiciary. The Judiciary has proven overtime to be as corrupt as the executive and legislative arms of Govt. They'll have to redeem their battered public image with this case.

QuotaSystem:
Kudos to Azman Air.

Kudos to Max Air - their large, double-decker Boeing 747 will be useful for the mass evacuation.

These are ‘Northern-owned’ airlines joining the NAF and Air Peace in the patriotic mission to rescue & stop some people crying of being abandoned in Sudan, or being told to step down from the bus for a while.

You do know that they were paid to airlift their "brothers" trapped in a war zone, right? Only airpeace volunteered for free.

Now what do you have to say about Northern airlines?

Nzogbu2012:
But the same Lamidi delivered Lagos state for Peter Obi.....

Show me a picture of Lamidi Apapa on Peter Obi's campaign train or where Apapa campaigned for Peter Obi. I'll wait.

ecolime:
Was actually referring to the Governorship elections

Noted. Cheers!

ecolime:
Na waoh

Which state did APC win squarely apart from Benue?

People are just fed up of the demonic party.

APC did not win Benue in the Presidential election. They won the Gubernatorial election though.