₦airaland Forum

oshiomhole should stop this nonsense and allow his inexperience son to be edo commissioner
how many years was he a doctor for? we know the game!

betta edu was given appointment too and flopped in the federal.

there is nothing attractive about this chidinnma oo

dem wan scatter scatter everything

CodeTemplarr:
The real issue here should be about what constitutes value-addition? Is it the process of taking raw inputs and add value to make them better output or the process of taking output with added-values and consuming them?

Comsumption is not value-addition?

The crooked northerners are only trying to confuse value-addition with consumption so they can start getting more money without suffering polution or hazards associated with actual value-addition process. No more need to poach FDIs again once they get that wish. Lagos can poach FDI, suffer the hazard, sacrifi e their cultural values and land to accomodate Foreign Investors, provide water and electricity, then pretend all of that is detrimental to everyone who consumes the final goods. Thats a recipe for further chaos.

i agree, this chairman should be careful trying to open pandora box. some of those states want to reap where they did not sow instead of developing their states

CodeTemplarr:
The issue is why did MTN and GLO site their main operational bases in Abeokuta and Lagos and not Kano? VAT is meant to reward where value is added an not where value is consumed. If the like let them create a VCT ( Value Consumption Tax) to compensate for spenders.

The reasonable thing is to reward states for value addition so that each state is always looking to attract investors and thus strive to be their best selves in anticipation of Foreign investments. Why do peesidents travel like devils around the globe looking for FDI if there is no local incentive to recieve them? After accommodating every tribe and creating a conducive environment, is it not fair that lagosians who lost their culture and land to Foreign Investors get compensated for giving the foreign investors the atmostphere to thrive. As rich as Delta state is in Oil and Gas, investors cannot survive there because the locals are hostile. Same goes for most of the states and geopolitical zones. It makes little sense to compensate stae govt for what their citizens buy to add value to their lives. It is a service they failed to render the foreign investors that another state has provided that VAT is addressing.

look at example of MTN again, na only lagos dey use MTN?

epainos:
Lol

I would like to know the qualifications of this man who is talking trash. Lol. I do not have access to data, but I can use my brain. Lagos alone has 30 million residents, accounting for approximately 15% of Nigeria's total population. Because Lagos is the primary cargo terminal, most VAT on all improved goods is levied there. Lol. And we are importing more. This man is very funny na. Very funny man. The majority of Nigerian public servants have nothing in their brains, which is why the country is not functioning properly.

Very sad indeed.

VAT should be based on area of consumption. this is where true federalism is needed

REDshouse:
What is VAT.... Value added Tax ..what value is all these states adding to the collective revenue of the country ..aside all companies being headquarters in Lagos, these so called states boast of a viable business hub and economic nerve center of the country, they add more Value to the country compare to other part of the country ... VAT can not be shared evenly, it will make all these states lazy and continue to rely on national cake generated from other viable states for survival
..

Let them also hustle their way to generate more value in revenue to the country so that they can also earn more VAT ..stop spoon-feeding all these States

honestly, this is where i think this man must be careful.

CodeTemplarr:
Is Kano consuming alcohol when they take VAT from alcohol? That formula is fair enough if we must grow. The north wants VAT shared by consumption but get VAT from what they do not consume presently. How does lagos get rewarded for absorbing the pollution that goes with value-addition(manufacturing)?

He noted that the current framework allows Lagos (42%), Rivers (16%), Oyo (5.2%), and the FCT (10%) to take over 70% of VAT proceeds, primarily because the head offices of many revenue-generating companies are located in these regions:

the man is making sense if the VAT proceeds is based only on HQ but tell your GOVERNORS to stop looting and develop their states

ss

hungry senator

no wonder nigeria is where it is because of senators like this

He wants it to be on record for the whole world to see, then the US will no longer be able to rewrite history just like they did in WWII:

you mean steal history. their people must go after the warmongers amongs them

WriterNig:
Those with a good memory remember vividly how Russia continued to warn against Ukraine joining NATO since 2008, that's over 16 years ago.

The day of the invasion, many western countries thought Putin wouldn't dare invade, they threatened and threatened, some even thought it was just regular exercises Russia was carrying out.

Look at Ukraine today. So if you think Putin is stupid or bluffing by continously warning against Russia's security being threatened, then you don't know Russia very well. He wants it to be on record for the whole world to see, then the US will no longer be able to rewrite history just like they did in WWII.

Russia is slow to react, very patient but when they put their foot into something, there's no going back.

The US has more to lose than Russia. A nuclear war with Russia will weaken the US and pave the way for China to take over the number one spot.

The US will never recover from it, let alone retain it's status.

i just like russians

how about AMERICAN weapons that they found with many rebels

don't expect petrol prices to come down

e be like say he was a mole for tinubu

iykepromotions:
Seriously bwala has no integrity.

oshiomhole son don get position. haha

very impulsive

Olufemiolaolu:
This man is too impulsive, he would make error in government surely.

that's quick

why you call am rubberstamp?

PheelzAlmighty:
Rubber-stamp appointment

Dey play.

so he just happens to beat the others and win?

this man wan show obaseki pepper

don't feel pity for these idiots. libya is a lawless country so everyone is fair game. why did she go there

thanks to america.

this is good. the man should be kicked out of office

probably staged by officers dem don bribe

what sort of news is this? they no fit tell us who diverted the money!

if CBN is reimbursing, then na government steal the money

these people and their wuru wuru

i hear people no wan pay tithes for church again because of economy, so this woman come land this morning

gidiz:
Pay your tithe

what is this one saying
they wan force people to give them money to buy more jets

dem go deal with am seriously for trying to destroy our society

goodluck jonathan no allow am, now dis small boys are receiving money from outside the country to destroy our society

even these white people no dey disrespect their elders. you no dey see am because una dey watch too many films and tv

Metrofox:
This African version of respect that strangles all form of thought and accountability that has kept you people where you are today. Imagine Albert Einstein in Africa challenging scientific theories, they will tell him he doesn't have respect. Bunch of low IQ retards

i don say am already. dem go deal with am very soon like bobrisky
arise and all those tv channels dey pump am with steroids

Charly68:
This Effiong or whatever they call him lacks home training if not he won't be talking to an Elder in this manner. His education must be lopsided

Farrason:
Reputation is not helping him as you can obviously see. He needed that money for his survival. A living dog is better than a dead lion.
Reputation doesn't pay bills.. he has to feed and look after himself like every other normal person and I bet he also misses some fresh juicy kpekus... U know what I mean.