₦airaland Forum

Harrymig1:
Meat

Our children will one day see this great Animal you call 'meat' on TV. Enjoy the 'meat' while it last.

grandstar:
Nigeria's real problem is the tax base. Only a very tiny fraction of registered companies pay the full tax. They account for less than 1% of companies.

India found out that the more they reduced taxes, the higher the revenue they collected. Companies are readier to pay their taxes if the rates arw low. More revenue will be collected in Nigeria if the tax rates drop from the high 37% (if you include the 2% education tax).

So a tax cut will lead to an increase in revenues and not the opposite.

Also, low corporate taxes encourage foreign direct investment which will be a massive boost to the economy. Foreign investment was the main driver of the Chinese economy for decades and helped to revolutionise manufacturing in China.

Aside from FDI,it also encourages domestic investment.

Why can't the economy grow at 7% or more. Even the DRC with barely 6 hours of piwer and with probably the worst roads in the world (Google DRC roads) has been growing by 6% annually. There's no voodoo in that.

Why will implementing low taxes and merger of multiple exchange rates be difficult. Both can be done within an hour.

I'm neither pro PDP or pro APC. I'm apolitical and it's my interest in economics that brings me here.

From 2003, you can say growth might have been aided by the increase in oil revenues. That however would be over simplistic and an escapist way of admitting many achievements of that period.

The paying off the foreign debt, the bank recapitalisaion(Dangote said he'd never have become this big but for it), the $60b in the reserves and $20b in the excess crude reserves. OBJ prudent management of resources and his dependence on technocrats has to be lauded.

The present problem is the presence of a leftist populist with a lamentable understanding of economics.at the helm of government.

His mishandling of the crude oil price crash in 2015, was only a little better than that of Shehu Shagari in 1981. It was a disgrace. It brought about the worst recession in 20years. Economists condemned the incompetence, most especially Lamido Sanusi

I get your point but please stop comparing real growth with nominal growth. It will always sound sweet on paper but not practicable. I am on mobile, else I would have taken some time to break your points down bits by bits.

sapele914:
Bruv why are you desperate to collect money o guy doesn’t have.

I am tired of all this online chest beaters. If he is so sure that he can win 500k, let him rally round from his goons. I am waitin for him anywhere in Lagos.

Men were never made to be with one woman, just look at 99% of all animals. Look at even the Bible. Civilization is creating this illusion and some men are trying hard to keep their cool but deep deep down, a man cannot do with just one woman.

collinsuchendu:
Like for the Lady, share for the sidechick

...are you serious with like and share this night? wow!

grandstar:
Economies like Nigeria at this stage of development can still grow quite fast, 7% or more despite these challenges you mentioned

Despite the fact these issues existed in the past, that didn't stop the Nigerian economy from growing by an average of 6% annually from 1999-2013.

Two of Atiku's policies (reduction in company taxes and merging the multiple exchange rates into one) would have brought growth rates of at least 7% annually.

It will take many years of fast economic growth before those shortcomings you mentioned become a serious constraint to growth.

Atiku will reel out any plan to hoodwink voters just as APC did in 2014.
Grow an economy at 7% without power, without good roads, insecurity and all that. I can see that the voodoo economic plan atiku reeled out to you guys is really taking its toll. So
* how do you intend to cut company income tax when oil revenue was dropping? How then will you fund the budget?
* What was the size of the budget 1999 - 2013 when the economy was growing at 7%?
Its easy to criticize just to win an election but implementation is where the problem is.

Ratello:
You are staking N500,000 my Zenith Bank is ok. Till then transfer is ok no escrow. It's not $50,000 pal

I don't have time for jokes for now. If you are ready I drop my number and we meet. Put your money where your mouth is.

Jiang:
You mean there was a time in this country when roads where constructed at night in NIGERIA

Yes there was. They will advertise that some routes will be shut from 11pm to 4am. At that time you will see work going at night then in the morning, you will see a brand new road. That was until kidnappings became an issue for the multinationals.

kiddoiLL:
no be Nigeria? Superstory... Are we supposed to be all happy, relieved and calm that they've been arrested? Will this be the first time?? Will this be the last time the bunch of criminals you give guns and live rounds will attack and maul innocent citizens?? I'm saying this, this shit keeps happening, and the government won't see this as a serious issue until the youths of this country start fighting back, attacking and killing officers of the law who they deem guilty also, when this shît will spiral out of control and these officials start facing the sharp edge of the sword, that's the time this sickening Govt will know how serious this is.
You forget yes them dey hold gun and work for the govt, but man can only bear and handle frustration for a while, wait until the youths breaks and damn every law...
una dey fool unaxevs for upstairs there wey una dey so

As expected! Arrest them and there will be comments like this, don't arrest them and they will still talk. Infact, arrange firing squad for them and they will still find something to say.


"Wetin person go talk wey them no go talk?
If you talk, them go talk
If you no talk, them go talk".... Fela

Ratello:
I hope you are for real!

Do I look like I am joking? Name your escrow or meet up anywhere in Lagos. I don't want to make too much noise here.

grandstar:
Atiku's policies were pro-business and pro-investment

Buhari is a leftist populist whose economst policies has crippled the Nigerian economy. The Economist said another 4years of Buhari means a lost decade of economic growth.

Look, you cannot have a SOLID investment without power, good roads, transport system and security.
Atiku might be better but if you believe there will be economic turn around under 4 years I will say you are naive.
I don't need to start breaking this down but one thing is sure, Atiku will still have to continue the infrastructure programs already on ground. Investors won't drive on bad roads, or insecurity and all.
Remember when roads re constructed at night? Those days are long gone. Well unless you are one of the indomie generation.

Ratello:
This is the truth and I am too sure of one thing, Atiku will prevail at the court against Buhari and will be sworn in as the rightful President of Nigeria

Put your money where your mouth is. 500k, name your escrow. Thank you.

Kingcesar:
I want to cry now first FTC ever !!!!!


That country is very hash o. So “common small girl with big God” slay queens won’t do again in peace that country.

Bobrisky come let us send you on a vacy with your boy jbrown. All expenses paid to brunei

I don't get this FTC bullshiit. So what did you gain?
I have been asking this question and now need to call out Seun to tell me here what a FTC stand to gain. This is getting ridiculous.

JasonScoolari:
The current leadership of CAN is just completely stupid.

The same Christian Association of Nigeria leaders who gathered to congratulate the lifeless Buhari but couldn't gather to visit Leah Sharibu's family, or Southern Kaduna people killed by herdsmen, or the family of Eunice Elisha, beheaded for preaching? Now they want a christian as the SP for their selfish gains.

God will punish them one after the other.

Many who called or did not call Buhari lifeless have died and passed on one way or another and still counting but the man is still alive and kicking. Death, health and general wellbeing is not what any sane person should use to mock another because we are not in control of these things. Thanks.

Righteousness89:
There is No Big Deal in Death... The Big Deal is His Next Destination...

Our Life here is Nothing but a Rehearsal for Eternity which is the Main Deal..


IF Pastor Died Having JESUS CHRIST, He is Right now in Joyous Bliss and Happiness...

Let Those of Us Alive Do all we can to Have JESUS! HE is the only way to Life..

Next destination? Lmao

Ah, chicken don suffer.

Righteousness89:
The Bible says so not pastor Kumuyi

When the bible was written men did not wear boxers and trousers only gowns, robes or whatever they are called. So how can you define properly what mens or womens cloth should look like biblically?

JasonScoolari:
The strategy of tribal sentiments only paid off to those Almajiris and core Muslims illiterate residing in Borno and Yobe.

Kano voted massively for Atiku but thanks to baba "Integrity" who deployed every means of rigging tactics to get Kano.

Just like Osun, we are patiently waiting.

What happened in Osun?

She's right! The boy is not a Nigerian property so she can do whatsoever she deemed until the boy comes of age. I don't even know why this is anyone's problem to be honest.

Let's see their parents.

StOla:
Some who have delusion in their DNA, have regaled us with tales of how Innoson will use the N8.8b to acquire 50% shares in GTBank.

Divide 8billion by the unit share price. That's about the number of shares that money can buy and I doubt it will be significant for even 3% share.

mechanics:
is your prepaid meter reading fast?

I can only judge if I can compare with another neighbor. Although I heard this meter they mount reads fast3r.

checky619:
Yes the compound is fenced with gate, but I have neighbours and it's a puppy

Oh there are neighbors? Then you need a cage.

You stay alone in a fenced compound? Then you don't need a cage. Just a chain is all you need, problem solved.

[s]

Xaos:
I think you should apologize.

You have to do this not because you are fault but because you are a wise woman who priorities her families happiness over her own ego.

Make peace while it is in your power to make peace.

[/s]

Nonesense. Is she a housemaid to go buy some useless recharge card?

Nairaland30:
Puxxyasslicker.

Friends over bitches mehn!!

Lol, although she's is not a bitch. She's family. You can't say friends over family, can you?

OK, congrats.

trueking:
I will take these men of God serious the day they can pray for fire from heaven to roast Buhari and Fulani herdsmen, until then, they are business men disguised as men of God.

Lol

sevo:
Why was this case rushed!??. If nah election tribunal, e go take 2 years before we hear verdict

Rushed because they pleaded guilty (When you plead guilty, the court fixes a date for sentencing). It becomes a lenghty process when you plead not guilty, then witnesses and cross examinations will come into play. Thought you guys always say Buhari was the only olodo in the country, seems those that gave you 40+ likes are also a case study.

Juliearth:
It's actually the first factor that endeared the man to the people.

It is NOT. If Nyako's issues was ironed out, where do you think 80% of the vote would have gone to? Fintiri is popular but not as popular as the Nyakos. Nyako got 130k votes without state power, without PDP sentiments and especially without Atiku's.

When they want to deceive us they wear agbada.

Well, Godfathers need to learn the hard way. Umana Umana was the SSG, few months to election Akpabio fired Umana and replaced him with Emmanuel from nowhere. If he had ordained Umana who worked with him for 8years, he wouldn't be in this quagmire. Anyway, Emmanuel on the other hand is performing and the voters have no reason to think twice who to vote for.