₦airaland Forum

She will wish she was on her bed than the doctor prescribed bed

IGBO the most loved trib.

They love the Igbos but will always deny it.

Keep the hating while they keep progressing.

You know. ......

aresa:
¤ BUILDING OF INTERNATIONAL SPECIALIST HOSPITAL = Uncompleted after 8 years in office.

INTERNATIONAL AIRPORT WITH HANGAR = Uncompleted after 8 years in office.

¤ INTERNATIONAL STADIUM WITH 40,000 CAPACITY = 30,000 capacity and below FIFA capacity regulation.

NEW FEDERAL POLYTECHNIC ¤ Elementary school basically.

IBAKA SEAPORT = There is no such thing. It doesn't exist, not even according to the FG.

¤ FEDERAL PRISONS ¤ = He should be locked up in that prison..


JOB CREATION = Where? In Lagos as houseboys and girls?

¤ BUILDING OF FIVE STAR HOTEL ETC = Only useless and irresponsible governments spends state money on hotels.

Guy why you de downgrade your brain like this.

Tarn us so dat people no go download this your funny version.

Kai! My people see dis poor boi life.

Help am b4 d thing go upgrade.

You know. ......

Ezenwammadu:
Do you expect them to start fighting each other.They are politiciabs united with aim of enriching themselves.Only gullible fools fight on their behalf.

True talk bro. But for supporters hmm what can I say.

What is happening, me l know understand. Kai! My people.

You know. ......

The fear GMB is the purity of Nigeria polithiefcian.

I try, hmmmm.

You know. .....

9jalyte:
Yea, that got me thinking. I watched the news when they said there were about 83Million internet users in Nigeria. I asked my self, how come Oyibos have been saying over 70% Nigerians live bellow I dollar a day, and many Nigerians believe that rubbish. Hmm Ok oo.

Believing every words from the white man mouth, your name na sorry

luvinhubby:
Some silent truths though

The judiciary in Rivers state has been in limbo the past 12 months and people like Falana & Soyinka have not said or done anything about it.
A little balance will not hurt.

True talk bro.

People like Fayose will fit an opposition leader in a country like Nigeria.

You know. ......

Hmmm, they know what best suit them most.

Good for Ogun.
Good for Nigeria.
Good for everyone in General.

From GEJ himself you will know that he is not really interested in politics

Despite this she never give up.

Baba God remember me.

Love you.

Pavore9:
What is on ground that should make those Nigerians he highlighted feel comfortable with paying tax?

True talk bro.

Nigeria Mtchewwwww

oduastates:
$11 billion
Ask Jonathan,Deizani and iweala

It didn't start from them mind you.

l believe you know.

Young03:
Is like his right cus I don't av

You are not alone.

Nokiae5:
i nor even know say we dey import fuel. Nairaland thank you.

Are you dreaming?

Seriously tell me you are joking

Brandnew2:
Tax payers information (TIN) should be integrated with the National Identification management.
(NIMC)


Simple!

Easy said than done.Did your thing they are not ready to bring in ideas to swindle FG for cash.

My bro this Nigeria.

You know

That's their way of life.

Sorry to bust your boboo,Mrs Buhari can't do anything

Arbiola:
Mumu country

Hey mind your words.

Volksfuhrer:
That's no rocket science. One word easily comes to mind: FRAUD.

Souid l say supported or seconded.

jcmaiah:
And why should we pay tax? What have then done with our oil money that should make us pay tax?

This one thing l laugh whenever any Gov. in power say they want to introduce TAX in the State or Country.

WHAT HAVE THEY DONE WE WHAT IS ALLOCATED THEM.

My bro its not today it start.

Welcome to Nigeria

omenka:
The question I keep asking is: what caused the astronomical rise in subsidy payments under Jonathan's administration.

Under Yaradua and Obj, we NEVER paid more than N480billion, first year after Jonathan was sworn in as substantive president, we were coasting nearly N2trillion!!

Was there any corresponding rise in consumption of petroleum products under the period??

This is the question every enlightened Nigerian should be asking.

With this l agree with you.

The Chairman , Edo State Internal Revenue Service (EIRS), Sir Oseni Elemah, on Sunday, said 80 per cent of taxable Nigerians have not yet keyed into Taxpayer Identification Number (TIN) developed to boost the Nigeria’s tax system.


Elemah told the News Agency of Nigeria (NAN) at the ongoing Annual Tax Conference (ATC) organised by the Chartered Institute of Taxation (CITN) in Abuja that such had paved way to high tax evasion and avoidance.

NAN reports that Taxpayer Identification Number (TIN) is a unique number allocated and issued to identify a person (individual or Company) as a duly registered taxpayer in Nigeria.

He stressed that the huge and massive leakages in Nigeria tax system as well as companies operating without filing annual assessment was due to lack of TIN.

“When you calculate the tax income revenues Nigeria ought to have made and deduct it from the amount realised, we will all understand Nigeria is missing much.

He said in order to have a transparent tax administration that is accountable, all taxable Nigerians and companies must be made to get TIN.

“A Nigerian becomes taxable when he or she becomes 18 years and earns a regular income, such individual must file annual returns for assessment.

“Many Nigerians are still outside the tax net, it remains so without TIN number,’’ he said.

He said that other sources of tax income generation include, Company’s Income Tax, Personal Income Tax, Petroleum Income Tax and Valued Added Tax (VAT) among others.

According to Elemah, the country needs massive reforms that would drag all taxable Nigerians into tax net.

“All taxable Nigerians and companies must be made to acquire TIN and this must go with immediate enforcements,’’ he said.

He further said that TIN would bring immediate voluntary compliance.

He added that TIN would bring Nigeria’s tax administration and practice in line with global best practices, enhance taxpayer identification and registration and minimise leakages in tax collection.

“It would also facilitate information sharing between various tiers of Government, create a more conducive environment for investors and ultimately inspire greater confidence in Nigeria’s taxation system.

“It is also a good medium to drain illegal taxes and double taxation,” he said (NAN)

Source:http://nairausd..com/2015/05/80-nigerians-do-not-have-taxpayers.html

jcmaiah:
Hmmm

Are yousurprised.

Nigeria, the sixth largest oil producing country in the Organisation of Petroleum Exporting Countries (OPEC), spends an estimated $15billion yearly on the importation of petroleum products, the Lagos Chamber of Commerce and Industry (LCCI) has lamented.


Its Director-General, Mr. Muda Yusuf, who spoke in Lagos, has urged the incoming government to halt this huge drain on the nation’s foreign exchange, adding that way forward is to revamp the ailing refineries and encourage private sector participation in downstream oil sector.

He said: “Going forward, we need to fix the refineries or incentivise the private sector to play this role he added. The biggest burden on the treasury of government is the importation of petroleum products and the inherent transparency issues.

“The biggest platform for corruption in the economy today is the management of subsidy on petroleum products. The pressure it exerts on the government treasury is enormous. An accelerated reform of the oil and gas sector and the passage of the Petroleum Industry Bill (PIB) will mitigate the challenge the subsidy management poses for government finance. This will also facilitate the restructuring and diversification of the economy.”

On budget structure, he stressed the scrutinisation of several budget heads to ensure cost-effectiveness and better transparency in the management of public finance.

The LCCI boss listed Consolidated Revenue Fund Charges, Service Wide Vote, Presidential Amnesty Programmes, Capital Supplementation and Debt Service as some of the sub-heads to be revisited.

“All these budget heads have substantial amounts voted for them in the budget annually. Some of the provisions do not reflect the desired prudence in the management of public funds, adding that huge savings will be made if proper scrutiny of budget heads is made,” he said.

Source:http://nairausd..com/2015/05/nigeria-spends-15b-on-fuel-import.html

Exchange Rate for Dollar-Naira, Monday 18th May 2015

CBN $1 N197.00

OFFICIAL RATE $1 N199.05

BDC $1 N204.00

PARALLEL RATE $1 N215.00 & N219.00

**Please note that the Parallel rate varies for different location

Exchange Rate for B Pound-Naira

Visit nairausd..com

Exchange Rate for Dollar-Naira, Monday 18th May 2015

CBN $1 N197.00

OFFICIAL RATE $1 N199.05

BDC $1 N204.00

PARALLEL RATE $1 N215.00 & N219.00

**Please note that the Parallel rate varies for different location

Exchange Rate for B Pound-Naira

Visit nairausd..com

luckyDon1:
lol@many official rate figures.Does it mean banks charge different rates?I intend using GTB and I pray it doesn't exceed 200 to 1 dollar. Thanks though

Know this now, the only Rate that is the same everywhere you go in this country is CBN RATE.

As GTB hmmn l don't know.

luckyDon1:
Please which rate applies to one who is buying something abroad(US) via dorm account?

Official Rate.

But mind you there are about many Official Rate figures.