₦airaland Forum

TonyeBarcanista:
Have you read the bill or you only had opinion based on opinion of government promoters and agents?

Na food barcanista dey find oh, hmmm.

cucumbar:
They are all idiotic hypocrites.

Like his principal that rejected subsidy removal in 2012, VAT hike will favour him at this time.

A lot of Nigerians are criminals. Majority of those talking against corruption now, is because they are not the ones in charge of stealing. Like this idiotic hypocrite, put them where they can steal and watch them sing a different song.

Do you know what a hike is? Where's the VAT hike? Can you help by being specific?

Stevosty:
When the Nigerian government should be focusing on productivity, export to strengthened the value of naira and it's people, they are focusing on taxing the already drained people. Where are the monies removed from subsidy and continual borrowing? It is well.

Read please, it doesn't kill.

Free2Fly:
Another yeye excuse from people who want to make Nigerians suffer just for their selfish interest of securing lagos' VATs
Which poor people were excluded?
There are over 133million poor people in Nigeria. How many of them are workers?
Majority are petty traders
And they'll pay VATs when they buy things they need, the usual levies they pay at their shops, market places will be increased and inflation will also catch up with them.

Okay, at the present arrangement, they won't pay taxes?

yewit37486:
The internet never forgets.

Explain what the internet doesn't forget.

He also threatened everyone, no news. That sissy lamba champion must be praying that he's never released.

Really? Kwankwaso get manifesto?

nasbiafra:
this one don smoke crase shitwaiting dey bring that kind play,you wan take slap

Why you dey vex, make i report you for plime minister? Which one be your state for the 40 new states?

Of course, it's better than the current one. That's why.

HellVictorinho9:



Na ur mama dey supply me na

U wey suck codeine comot from ur mama bwest

Onyara

i try to reply you so that you don't die fast of loneliness. Do you want to work?

nasbiafra:
you wan crasewaiting dey bring that kind play

i think say na wetin plime minister talk before he go leave.

Eniitankorede:
Sorry bro, I have been trying to locate the exact evidence that the 800,000 minimum tax thresshold is per month or annual gross? I thought the 800,000 was per month earning, some people say it is annual gross earning. Which is correct?

Sorry for the late reply, It's annual not monthly. About 1million naira annually and below will not be taxed at all, 0% tax.

nasbiafra:
meaning

No be today we suppose burn biafra?

stonemasonn:
Wow! so what is the bone of contention?

Ignorance.

nasbiafra:
what use are this facts to us,has the government done anything tangiblewhy borrow

It's 2nd of December bros, what's up?

HellVictorinho9:
ati iwor

ati awon moban famasi


flush


u know how many people don threaten me


u know me 4 street


but if u kill me or block my shine and u no drink my blood

then ogun suppose baptize ur children



u heartless crook



u dey tell me say ar no do which work well


based on which evidence ? wait !

wetin u want sef?

make i kill myself bcuz of u



abi u want make i burst shrine on top ur mata


guy

if i enter anything fetish

even mark zuckerberg go hear am


jus try my graveyard silence


u go know say life mad pass wetin u dey cap


send dis message to all the occult/ confra/ underground pattern wey u fit reach


tell dem say na victor omerigwe send u


from hellfire


bast@rd





and if my blood no pinch,make i know wetin drop,

Stay away from drugs friends, this is what we've been saying.

You can't really have a reasonable position against this as a Nigerian.

1. Any business with less than N50million turnover are exempted from tax payment.

2. Over 90% of workers in public and private sector will no longer pay income tax.

3. Over 82% of what low income persons consume will be VAT free.

4. Scrapping over 50 nuisance tax suffered by local businesses.

5. VAT will no longer be calculated base on where the companies have their headquarters but where their goods are consume.

6. The rich to pay more tax while the poor will stop paying taxes.

7. Consumption tax collected by states will be eliminated completely.

8. FG share of VAT to reduce from 15% to 10% as states and LGAs now get 90%.

9. Those earning less than N1.7m monthly will now pay less income tax.

10. Customs, NUPRC and other govt agencies will no longer collect tax as only one Agency will be responsible for collection of all taxes in NGR.

11. Those receiving less than N9million per anum could have their income tax cut by half.

12. The bill could lead to abolition of other multiple tax laws like the stamp duty act.

13. Over 90% of small business would no longer pay profit tax.

14. Gradual increase of VAT from 10% in 2025 to 15% in 2030... With almost every goods consume by low income earners exempted from VAT.

15. Many NGR companies pay over 60 types of different tax & levies. The bill seeks to end this factor killing NGR industries.

HellVictorinho9:
Am not changing it weyrey

Jokes on ur mama

ANd yeah, am begging you to show mur madness, smh bury you there,

Oniranu


Omoh weyrey



E ma sa lo

Oloribu

Wow, God bless you.

HellVictorinho9:
Guy

U wanna preach

Seriously


U know jesus or allah is neva at fault


Am surely and always at fault


U cant pay me a higher salary with accomodation and feeding

U bliv thatz too much 4 me


Well, na me invite you 4 war, so let the violence continue,

I'm not Am, i adviced you to finish school, remember? What war are you talking about, this is family section stop telling jokes please. And you are still begging? SMH.

Foolishness, little wonder the region has the highest percentage of high blood pressure. Looking for negativity like Mobil and Shell looks for oil.

NIGERIA’S 2023 BUDGET
Revenue: $21.7b, Borrowing: $23.5b
NIGERIA’S 2025 BUDGET
Revenue: $28billion, Borrowing: $6.5billion

Facts no joyless creature wants to see.

HellVictorinho9:
Hello problem, what is it, have you started working?

Victor, Victor, how are you na? Have you finally found the Saviour?

Lolz, some people will blame Tinubu for Holcim's $1 billion profit after making staggering profits in Nigeria for about a decade. From WAPCO to Lafarge to Holcim to Huaxin, that company has always made great profit.

HellVictorinho9:
Where is MrCork, that waste of resources ,obinna58 is greeting ur ass


,wont you respond?









U think u are wiser than brain54 or Celestialsword bcuz they dont depend on human blood literally,


I know u can take human blood, MrCork,

Start from ur mother,



We die enemies, MrCork

We die enemies,Image123

Hello Victor, how are you? Have you started working?

Tradepunter2:
To be fair the north supported tinibu thinking it will favor them via bad health or demise ... But it kinda backfired.... Tinibu in as much have fked up and bad policies.... Kinda exposed the myth behind the North.... Which other politicians from the south are taking notes

The North supported Tinubu, so you accept that he won the election fair and square whatever reason? The North supported Tinubu how, because they had a gentleman agreement and barely had a chance or choice. It was about 50:50 for Tinubu in the North, if not for North central. Tinubu won by aggregates of votes. Go and see the figures that the North gave Buhari, that's support.

Ofachiedo:
Your state destroy beer and other alcoholic drinks yet you share from the VAT generated from the sales of those alcohol and now the new Tax law states that u can only take from the Vat of the goods consume in ur state.

What's the percentage of this beer that is shacking you in the conversation? Kindly find out and stop parroting beer parlour gist.

Pay oh, saner clime people. Government is trying to reduce your tax burden using the tax reforms, you are fighting to retain your chains. Watch the video.

The full interview is worth sharing here.

Best time for the tax bills is now - Taiwo Oyedele https://t.co/lzRPGPzcBd pic.twitter.com/1EJULJkUjf

— • (@aliyuyahas) December 1, 2024

The same headline says momentarily

Mindlog:
It still does not change the FACT, your father is no where near those men, man to man!...he lose pass them, going by what he sired.😂😂😂

i wish you had a father, sorry.

GboyegaD:
Amused with how we throw words in Nigeria. I don't know the contents of the reforms however, the government should fix the economy first and improve the tax base. That is the only time the reforms will truly work. What I have heard in the news on these reforms focuses on allocation. Wouldn't the tax be collected before allocating?

You seem to be the one throwing words here, like you said, you don't know the contents. Get informed on the contents instead of further throwing of words. The economy is being fixed, and a critical part of the economy is the tax reforms. Tax is an integral part of any economy; it is a main source of revenue for the different levels of government. It is the money they need to look for more money. Allocation is one part of the reforms.

faridasr:
Why are you against scrutiny of these bills if truly what you people say is true. This is a democracy and there must be fairness and transparency in enacting laws. We are worried about the hastiness and the way you guys are hurrying to defend the contents when we all are just seeing the full document.
You read highlights of a bill and conclude it must be imposed on us? That’s not how a democracy works. Let’s take time, go through the items clause by clause no matter how long it takes, understand the implications and take a decision as a country and people united not this tyrannical approach.

The committee stage takes care of scrutiny in passing a bill. The bill just passed the second reading stage, please get informed.
1. Presentation of the Bill: The bill is formally introduced to the legislature by a lawmaker or the executive.
2. First Reading: The bill is read out for the first time in the House, where details are presented, but there is no debate.
3. Second Reading: The bill is debated, and its principles are considered. Members can discuss its merits and propose amendments.
4. Committee Stage: The bill is sent to a relevant committee for detailed examination and possible modifications.
5. Report Stage: The committee presents its report, and further amendments can occur before a general debate.
6. Third Reading: The final version of the bill is read, and members vote on it.
7. Gazetting: If the bill passes both Houses, it is forwarded to the President for assent.
8. Presidential Assent: The President can either sign the bill into law or refuse to assent, after which the bill may return to the legislature.

Mindlog:
At least dem no lose pass your papa, whey no exist near them.😂😂

Obilamba has lost 3 elections out of 4 by your criteria, as myrmidons like you don't rate the Supreme Court. Atiku on the other hand has lost countless times. i am not a politician, if i was, i would probably beat your entire lineage silly in any election.

Nothing of substance can be said by Obi, you will never see news of what he said there except when he complains about Nigeria.