malali: The government should auction it to civil servants, look for people who have worked for the civil service for at least 25 years. Auction it to loyal civil servants who have shown dedication to public service. let them purchase on a payment plan. Subsidized.
Also, Emefiele's estate that we heard so much noise about has gone quiet all of a sudden ?
Go after more people and liquidate all ill-gotten wealth. If we stop glamorizing stolen wealth......public officers will stop stealing.
This is a disgrace. This is what fuels the impunity.
Had the police and courts been doing their jobm these herdsmen menace would have been curbed long ago.
A farmer years ago had his farm overran by cattle. The farmer reported the matter to the police. The police arrested the herdsmen and they were taken to the station. At the station, the farmer demanded 400k compensation which was the reasonable compensation for his farmland.
At the end of the day, the herders only paid 60k.
Had the police ensured there was fair compensation or that the herdsmen would have faced justice, they'd be a lot more cautious next.
The simple trith is that the practice is outdated.
My younger brother was once tried his hands on goat farming He was in uni at the time, and his mum used to help him.
She would feed the goat and also allowed them to roam about.
When the goats matured, they would come back in the evening, and by morning, they would be dead. They were being poisoned.
If my younger brother's goats were being poisoned, most likely for foraging where they shouldn't, what do you think will happen to cows! A goat is at least 10% the size of a cow.
My brother is a native of the land by the way. If they wouldn't tolerate goats from a native, how much more cows.
dauntless15: You're very heartless, if you're remorseful you'll reimburse her for everything you made her loose, that's how one cow told me travel to the next city just because he wants to patronize me only for him to text me few minutes ago that something came up and he's going to abuja, he did so without remorse, now I've wasted transport fair to and fro, people like you shouldn't be taken seriously, ever.
As an estate agent, you can just imagine the nightmare we face.
I once left my abode, Akute in Ogun for an inspection in Ajah. When I got to Ajah, it was then the client started telling me story.
Out of the #2B the buyer is willing to invest, why not use like #10M to scrap off concrete from any available property . Then they could bring in top soil to plant grasses, flowers, shrubs and trees during landscaping. . Its not a big deal of a project.
The client was fussy about an established garden. It takes time and effort to cultivate one.
SeeWahala: If we check it well you have absconded from 9ja and live in a more developed place. That's why you speak this way. It's either that or you are indeed a part of the APC goons we manage here only you are here to squarely face only tax matters. The third option of a person who makes such posts as these is not one I believe you'd like to fit into.
Don't you realise that Nigeria's revenue as at the last decade was and has always been enough to cater to every whim of development concerning the economy and citizenry? Don't you know that it is the brazen theft of our resources that has made it seem as if our economy is gasping?
For crying out loud are you seeing how much the EFCC has discovered from just only one former AGF?
I really don't like reading from you and I won't want to disrespect you by speaking to you upsidedown. It seems you're a lady.
PLEASE BLOCK ME again so I won't be tempted. I am asking nicely and hope you oblige 🙏
The revenues aren't enough to run the country at full speed.. Focus on facts and not on emotions.
Nigeria barely collects 10% of GDP. This is simply too small. Kenya collects 16%. Ivory Coast is 27%.
Charles Soludo said that a nation should collect at least 22% of GDO as revenue.
The anti-corruption champion, Buhari, borrowed massively. If the revenue was enough, why was he borrowing massively? A point came, because of his reckless borrowing, that the country spent over 100% of its revenue on debt servicing. That was in 2022. In 2015, when GEJ handed over to him, it was 26%
If there was zero corruption in Nigeria today, it won't make government revenue sufficient. Debt servicing and government workers guzzles well over 50% of government revenue (I'm not sure of the exact figure.
The truth is, this New Tax Law can widen the poverty gap, especially among the middle class. There’s really no debate about that.
If people earning between ₦67,000 - ₦249,000 a month will have to pay 15% in Personal Income Tax despite the sudden and outrageous increases in electricity tariffs, fuel prices, foodstuff, medicines, and other essential goods, then we should be genuinely concerned. I mean the so-called middle-income earners. Those who are earning ₦250,000 above will pay more than 15%.
See, some of you who are already rich might not bother. You may even want to insult me for this post, but I strongly advise you not to. This post has nothing to do with politics; it is about welfare economics.
Here is the simple truth: a government should not aggressively tax a population that is already economically distressed. That is the plain reality.
I understand that the current federal government prioritises revenue generation over poverty reduction, but there should still be some level of sensitivity.
Nigeria’s population is currently among the poorest in the world. This new tax law will not close the poverty gap; if anything, it risks widening it.
I don't agree it would worsen poverty. It would greatly improve the government's fiscal position
The better the government's fiscal position, the less likely for the Naira to lose its value and vice-versa.
Which one would you prefer: pay tax but have a steadier Naira or pay no tax and a depreciating Naira?
SultanYoung: Wish them luck in there conquest, I also know there is always a thin line that define good and bad and once you cross that line I guarantee there is nothing to save you.
Which yeye luck? Israel better learn to be contented.
The wars are beginning to affect it. Many Israelis are now having a Plan B. Many are seeking second citizenship.
Since Israel is a land of Jewish immigrants from other countries, many of its citizenship may get one.
BlackViper: It was Southerners who led practically ALL the anti colonialist and indeoendence movements in Nigeria.
From Herbert Macauley to Zik, to Obafemi Awolowo to Anthony Enahoro who moved the first motion for Nigerian independence in 1956 which ironically was opposed by the Northern Region.
It doesn't change what he said. It is the same practice in Lagos and other parts of the Southwest.
I was on UBA ATM waiting to withdraw money. Many people were sitted outside the bank to enter. This was during the days of the lock down.
Suddenly, 2 Lebanese guys came. It was obvious they were boy boy to a Lebanese master. The gate man allowed them. They jumped everybody.
TruthHurts1: I came across this post on X and I have been giving it careful consideration because I saw and experienced this first hand when I was serving in the North about 13 years ago and I thought I was the only one who saw noticed it.
The problem is that we worship anything "Oyinbo." The fact that Lebanese are lightskinned is enough reason to "worship" them.
Some years back, I was on a BRT and a Lebanese man asked the driver to stop him at an unauthorized bus stop and he did so. Later, when a Nigerian girl, requested for the privilege, he refused.
I pointed out the double standard to the girl, and she immediately came to her "senses" regarding the double standard.
When she accosted the driver, you could see the embarrassment written all over his face.
Glimpsetv: A Nigerian lady has taken to social media to express shock and confusion after discovering that several ShopRite outlets in Abuja were shut down.
According to her, she first visited ShopRite at Silverbird Galleria, only to find the store completely closed. Thinking it was a one-off issue, she proceeded to ShopRite at Jabi Lake Mall, but met the same situation — doors locked.
Still hoping to shop, the lady then headed to ShopRite at Novare Gateway Mall, Lugbe, but was left stunned once again as the outlet was also shut down.
Clearly disturbed by the repeated closures, she took to social media to ask the big question on everyone’s mind: “I went to ShopRite Abuja and it was shut down everywhere. Has ShopRite finally closed in Nigeria?”
Her post has since sparked massive reactions online, with many Nigerians sharing similar experiences, while others speculate about rising costs, economic pressure, and possible store shutdowns.
As of now, ShopRite has not officially announced a complete exit from Nigeria, but the growing number of closed outlets has left shoppers worried and searching for answers. 👀 Is this just restructuring… or the beginning of the end? Cc: Nlfpmod