₦airaland Forum

Please I need urgent help as life is becoming unbearable. I need a job pls, any body who can help should pls do

BSc Accounting (2:1),efficient in computer usage and resides in Lagos

Pls any form of help would be greatly appreciated as I have younger ones who depends on me as well as we have lost both parents.

Pls save a life and a family

marieolae: well as a strong christian, my religion is a major part of my life. I've gone through a lot of crisis in my life, and I believe God brought me through these circumstances. I'm so thankful today, and I know that without Christ, there is no Life!!! I don't do blind dates because of the many disadvantages. Real life dating is less complicated. On a regular weekend you can catch me @ my house lol, or watching a movie at icm. I'm a fan of movies

Still waiting for answers to my last uestion

marieolae: nice one on religion and as for icm guess u are referring to ikeja shopping mall. Don't get that

What's ur taKe on sports, politics and what kind of music, movies and books do I listen, watCh and read respectively?

marieolae: what's ur view on religion and do u do blind dates??
Where canu be found on a regular weekend?

marieolae: Nigeria is a big place u know, east west north or south, 36 states which of the states exactly??

marieolae: simply put which part of the world deos such a pretty like u reside??

marieolae: Someone should ask me a question!!!!!!! I wanna be interviewed!!!!!!!!

which part of the word houses u?

unmask: this GEJ is really funny o.....he has not honoured our own footballers, he is going to honour c. Ronaldo.......jeez this administration just waste resources any how....wonder how much they have budgeted for it......God help us

Hey is it that u can not read or what? Cristiano is been honoured by the potugal government not by GEJ, come off this ur hate it is not going to help u.

CRISTIANO RONALDO TO RECEIVE PRESIDENTIAL HONOUR

                                        

For "being a symbol for Portugal throughout the world, contributing to the international image of the country and serving as an example of tenacity for younger generations", 28 year-old Real Madrid hitmaker, Cristiano Ronaldo will receive the Ordem do Infante Dom Henrique, the Order of Prince Henry; one of the most prestigious honours in Portugal from Portuguese President, Anibal Cavaco Silva. The ceremony will be held on January 7th, 2014 at the
presidential palace in Belem, Portugal.

martty4real: Thanks a lot am in Biz Adim 500level,pls i nee this date to plan.thank u plenty.

. @martty am a 500L accounting student and I can swear u do know me. From all the available info to me we will resume saturday lectures by 11th january and residentials by mid febuary becos we can't run concurrently with the full time cos of accomodation isssues. Anyway add me up if u are on bbm 32FE3D8F let's chat

@ op I would not mind hooking up with u if u are truly all u described. We can arrange for a date and let's see how it goes. I AM A GOD LOVER

blairbrook: according to the updated time table on the schools website,both regular student and dli student are resuming 6th jan

@ blairbook. Dli residentials starts mid febuary and ends 2nd week of march. By the way what level and depaartment are u? If not in sciences then I can be the best thing to happen to ur dli dis residentials

The Academic Staff Union of Universities has agreed to call off its six- month-old strike.The followed the signing of a Memorandum of Understanding with the Federal Government on Wednesday.
The agreement, signed at the Presidential Villa, Abuja on Wednesday evening, is a new pact between the varsity lecturers and the Federal Government.The Minister of Education, Chief Nyesom Wike,
and the Chairman of ASUU, Dr. Nasir Fagge, confirmed the development to newsmen atthe Presidential Villa. Fagge, however, said the leadership of the union still needs to confer with
the National Executive Committee before announcing a resumption date. ASUU NEC meeting takes pace in Friday.

Source :NTA News

I use a Bold 5 But seriously wants to swap it in for a Q 5 or any BB in its series. anyone with idea on how i can do that

Again today I got an email from waec inviting me for the interview. To clear the air I got both a text message and an email starting the same thing. I applied for Assitant examination officer. Wrote my text in lagos and live in lagos though from the south south. But why PHC for the interview

I got a text message from HRMD WAES just yesterday Night and it reads

Ure invited for WAEC interview on WED 30/10/13 @ WAEC Office 2 sam Wobo street
off sanni abacha Road, GRA Phase 111 Port-Harcourt
Time 8:00 am
Come with your original credentials, Birth cert. certificate of lg of origin & ID



And i wrote their exam in Lagos and live in Lagos who do they expect me to go to PHC for interview

hmmmm i will come back to post my comment

1.3 Research Question

Given the above research problem, the following questions are raised.
i. What has been the trend of VAT, economic growth and poverty reduction in Nigeria?
ii. What are the causal relationships among VAT revenue, economic growth and poverty reduction in Nigeria?
iii. What is the effect of VAT on economic growth and poverty reduction in Nigeria?

1.4 Objectives of the Study

The broad objective of this study is to critically examine the relationship between VAT revenue, economic growth on poverty reduction in Nigeria. The specific objectives are:
i. To examine the trend of VAT, economic growth and poverty reduction in Nigeria
ii. To investigate the causal relationship among VAT revenue, economic growth and poverty reduction in Nigeria
iii. To determine the differential effect of VAT revenue, economic growth and poverty reduction in Nigeria

1.5 Justification of the Study

As challenges faced by federal government of Nigeria continues to increase as a result of increasing poverty rate, occasioned by apparent lack of infrastructural facilities, it is imperative that empirical studies that examine the relationship between VAT, economic growth and poverty reduction be carried out in Nigeria.
The result of this study will be both theoretically and practically significant. Theoretically, it will elaborate the present knowledge on effect of VAT, economic growth and poverty reduction in Nigeria.
Practically, the result of this study will be useful to all stakeholders in the Nigeria economy, especially the federal, state government and tax authorities who require knowledge on whether VAT revenue have been well utilized to the wellbeing of Nigerians or not. In addition, it will proffer solution to the problem of fraud in tax administration in Nigeria. It will also serve as a reference material to upcoming researchers.

1.6 Scope of the Study

The scope of the study aims at looking and researching into the relationship between VAT revenue, economic growth and poverty reduction in Nigeria. This is with a view to determining if VAT through economic growth leads to poverty reduction. The study covers the period from 1994 to 2010, a span of 16years using only relevant indicators such as VAT revenue, gross domestic product and poverty rate in Nigeria. The choice of period is informed by the fact that VAT was implemented in Nigeria in 1994.

1.2 Statement of the Problem

Value Added Tax (VAT) has been identified as a veritable source of finance to government of many nations of the world, for provision of infrastructural facilities and protect its territorial integrity against external aggression, regulation of trade and investment to ensure social and economic stability.

Unfortunately, empirical study that investigates the impact of Value Added Tax (VAT), on economic growth is scanty. Few studies on this all important topic show that Value Added Tax impact on economic growth, but the impact are of highly uncertain magnitude and conflicting direction.

The implication that emerges from these studies is that the impact of Value Added Tax on economic growth are theoretically ambiguous. Several studies on the relationship between VAT and Economic growth indicate that VAT revenue impacts positively on economic growth.
In particular, Alba (2011), Adereti Sanni and Adesina (2011), Naiyeju (2009), Ravindra (2005), Anyanwu (1997), Tosun (2005), Arnol (2011) amongst others found that VAT spurs economic growth.

Even though almost all the studies are unanimous on the relationship between VAT and growth, they disagreed sharply on the direction of causality. While researchers like Alba (1993) and Ravindra (2011) found that VAT causes growth other Studies, like Adereti and Naiyeju (2009), Alba (2011) posits that economic growth causes VAT.
The argument of causality notwithstanding, the most noticeable gap in previous studies is the issue of whether VAT through economic growth has or can reduce poverty in Nigeria.

This study therefore tries to examine empirically the relationship between VAT revenue, economic growth and poverty reduction in Nigeria.

CHAPTER ONE
INTRODUCTION

1.1 BACKGROUND TO THE STUDY
Government Revenue is attracting attention in the world research agenda. This is as a result of increasing need by government all over the world to provide quality service to its citizenry. Provision of infrastructural facilities like education, security, electricity, motorable roads and portable water require huge funds. Meanwhile, as government expenditure is increasing, government revenue is thinning down. For the activities of government to subsist, the availability of fund is important.
Everywhere in the world, government sources of funds are numerous. In Nigeria, the source of revenue at the federal level ranges from oil revenue and non-oil revenue such as corporate tax, royalties, fines and fees and most importantly Value Added Tax (VAT).
Tax is a major source of government revenue all over the world. Government uses tax revenue to render its traditional functions of providing public goods, maintaining law and order, defend its territorial integrity against external aggression, regulation of trade and business to ensure social and economic stability. (Azubuike 2009).

Although, some countries are yet to implement VAT as a source of revenue, for most countries where it is collected, it represent a resource inflow that surpass a great number of other source of revenue that have received much more research attention. According to central Bank of Nigeria (CBN) annual report (2010) federal government non-oil revenue increased by 15.4% to =N=1,907.6 billion or 6.5 per cent of GDP, A breakdown showed that Value Added Tax (VAT) increased by 20.2 per cent to =N=562.9 billion, while company income tax (CIT) and customs/ excise duties increased by 15.7 and 3.9 per cent, to =N=657.3billion and =N=309.2 billion, respectively.
The report also showed that Value Added Tax (VAT) is the second largest source of federal government non-oil revenue after company income tax (CIT) followed by customs and excise, Federal government independent revenue, Education Tax, customs levis an NITDF by 16.2%, 8.1 per cent, 6.0%, 5.4% and 0.4% respectively in 2010.

Despite these recorded revenues, particularly from Value Added Tax, there are still signs of poverty in the country. Available records from the Federal offices of statistics (1996) showed that about 71 per cent of Nigeria households are considered poor. However, the poverty level increased to 74.2 per cent in the year 2000.

Poverty has a lot of negative consequences; it increases crime, prostitution and high level of HIV/AIDS, loss of confidence in the government.
Given the seemingly neglect of value added tax (VAT) as an important source of government revenue, it has a great potential to spur economic growth and thereby reduce poverty in the country, it is necessary that a systematic analysis of how VAT could affect economic growth, followed by a robust empirical investigation of whether Value Added Tax, could spur economic growth and hence reduce poverty in Nigeria.

I Am a final year student of one of the federal universities and am currently writing my project but thanks to ASSU i actually have more time for it. But am a worker and hence s partime student. So i will be uploading my project here for you guys to help me make corrections where needed and please to fail to criticize where necessary and also highlight the areas u fill is not well done.
Before I forget am an Accounting student

The title of this project work is : A critically examination of the relationship between VAT revenue, economic growth on poverty reduction in Nigeria.

Just went through this test and scored 47 and guess what they are very right about me

oko-oloyun:
Op forget d BSc,MSc,PhD jhoor at d END u realize dat they are all waste ot TIME dey no longer help THINGS with d rate of unemployment in dis country even d Chinese u used as ur reference point no dey read book like dat.

The chinese economy is knowledge and tecnolgy driven. Most of the gadgets we use today are produced by average youth on the streets. How knowledgeable and innovative is the average nigerian youth today

Sexy breasts and nipPLES are more valuable than brains and principLES, these days. And that's why more Nigerians on DSTV watched Big Brother Africa than CNN. And that's how we got here.

That's why you pay for V.VIP for a D'Banj show and think that a class or book is too expensive.

She wants a sound and responsible guy, she's fine, she has a wardrobe of designer clothes, but no library or a book of her own.
And then, we stumbled upon CNN while searching for MTV, and I asked her if she knows what's happening in Syria, and she asked me, "do you mean cereal"?

I'm coming..

I asked my cousin the last time he read a book, and he said "before the ASUU strike".

U can buy Q10, Iphone, different types of hairs, clothes, jewelries.... But when it comes to EMPOWERING yourself, U go price am like pepper=))... Hmmmmm! I pity U oooo X_X

And that explains what's happening...

No matter what you have, you are what you value more

America is the entertainment capital of the world, with trillions of dollars in debt. China is the industrial capital of the world with the fastest growing economy. America or China, which is the model?

We can get it right:

Trust me, there's a huge potential here, even in a growing country of 150 million people managed by mediocre and leaders of nuisance value, if ONLY you and your team can stand out, we can go further ahead as we're building minds, businesses, people and brands.

The revolution is here.


Empty your pocket in your brain and future:Dn v a splendid evening

Are they not the leader of the home ....... what do u expect

A MOTHER'S LETTER TO HER CHILDREN ABOUT MARRIAGE (worth reading - SHARE THIS MESSAGE)

Dear Children,

Should the Lord give you the good gift of a husband or wife, and I hope He does, there are a few things I want you to know. Things that you may not hear from anyone else, and certainly not on TV or other media. Sadly,... your church may not even tell you.
Marriage, sweet little people, is not for the purpose of your happiness. Happy as I want you to be and hope you will be, you must yet understand that marriage is God’s design and His purposes must be pursued in order for you to be truly happy. His end is holiness and He will use all things in a life devoted to Him to fulfill that end.

To my girls:
Marry a man whose first pursuit is Christ. After that, he is not hard to please. Admire him, cheer him on and show gratitude, and he will fall over himself trying to please you. Smile often, speak well of him always, and do whatever necessary to try and maintain a pleasant mood about you so that it transfers to your home, making it a place where he and your children love to be.
You’ll have bad days of course, crying days even, and that’s when you go to your bedroom, kneel on the floor and beg the Lord to carry you. Then get up, get a fresh perspective (crayons will come off the wall), and try again. Above all else, make a home.

To my boys:
Marry a woman whose first pursuit is Christ. After that, she may be hard to please only if you don’t know “the secret”. What is that? I’m glad you asked. The secret to pleasing your wife is to make her feel safe and treasured. You may have to move out of your comfort zone to do this at times. She won’t always readily translate the oil change to love, though it means that. But let me give you a “secret question”–a question you need to ask her often. It’s not just in the asking, though. Be sure to focus your eyes on hers, maybe even touch her shoulder or face, and then ask: “What’s on your mind these days? “ And then be ready to listen. She wants you to draw her out. She will perceive this as your protection over the matters of her heart. Tenderness, listening, protection. That’s what she wants.

To you all:
If your wife or husband does something really stupid, forgive. If they do it again, forgive again. Forgiveness must be the propelling force in your lives each day. Dwell on the strengths, push out thoughts of their weaknesses. Take every thought captive–choose to love.

Here’s that part you are not going to hear often:
If you find yourself “not happy”, having lost attraction, disinterested, etc., you are not permitted to even think about a divorce. If you find yourselves arguing more and more, don’t think for a minute that “the children will be better off out of this”, because they won’t.

The vows you took on your wedding day were not suggestions. They were covenant vows, before a Holy God, family and friends, to stay with this person the rest of your life, even if you don’t feel like it. You swore a solemn oath and if you can’t live up to it, don’t get married. Decide up front that your marriage is irrevocable. There is far more motivation for getting along if your “marriage house” has no door.
Do not share intimate thoughts or feelings with anyone of the opposite sex. Do not find yourself alone for any length of time with such either.
Divorce is not a “private option”. It will affect multiple families for many generations. When you “separate what God has joined” you permanently injure far more than just yourself.
Guard your marriage as fiercely as you would guard your own life. Treat your spouse as an extension of your flesh, just as God sees you. Treat your spouse like other family members. You know, “you gotta love ‘em, they’re the only family you’ve got”.
I want you to be happy, I surely do. But I will pray for you to be holy.

Proverbs 19:14 - "Houses and wealth are inherited from parents, but a prudent wife is from the LORD."
Proverbs 20:6-7 - "Many a man claims to have unfailing love, but a faithful man who can find? The righteous man leads a blameless life; blessed are his children after him."

That's the way to go my president

Breaking news!! Nine Nigerian serving ministers sacked -

President Goodluck Jonathan's administration has sacked nine serving ministers. They are:
Education minister - Ruqayat Rufai.
Minister of Power, State - Zainab Kunchi.
Minister of Agriculture, State - Buka Jinani.
Minister for National Planning - Shamsudeen Usman.
Minister Science and Technology - Ita Okon.
Minister at Foreign Affairs - Olugbenga Ashiru.
Minister for Lands - Ama Pepple a
Minister of Environment - Hadiza - Mailafia.

More details later...

What are your thoughts on this?

Minister of National Planning
Minister of State - Agriculture
Minister of Housing and Urban Development
Minister of State - Power
Minister of Environment
Minister of State - Defense
Minister of Education
Minister of Science and Technology
Minister of Foreign Affairs

Ok 5th abi 6th to comment hmmmm will get there sooon . Now back to the topic seriously I don't know

BREAKING NEWS: Franck Ribery has beating Lionel Messi and Cristiano ronaldo to the UEFA best player award #CONGRATS_RIBERY

Minister of education wat are u waiting for

President Goodluck Jonathan on Monday sacked the Minister of Youth Development, Inuwa Abdulkadir from his cabinet.

A statement from the Office of the Secretary to the Government of the Federation, Senator Anyim Pius Anyim, did not give reasons for the sudden termination of Abdulkadir’s appointment.

The statement relieving the minister of his appointment, was signed by the Special Assistant on Media to the SGF, Mr. Sam Nwaobasi, which directed him to hand over to the Permanent Secretary in his office with immediate effect.

The statement said, “His Excellency Dr. Goodluck Ebele Jonathan, GCFR President and Commander –in-Chief of the Armed Forces, Federal Republic of Nigeria has relieved Inuwa Abdul-kadir, Esq of his appointment as Honourable Minister of Youth Development with effect from the 26th of August, 2013.

“The former Minister is to hand over to the Permanent Secretary of the Federal Ministry of Youth Development.

“Mr. President expresses appreciation to the Former Minister for the time he put in the services of the nations and wishes him success in his future endeavours,” the statement said.

WHICH MINISTER SHOULD BE NEXT?