₦airaland Forum

This one my PC has issues, the parts have not arrived. I would have love to...

ECOWAS sent, not Nigeria.

You forgot to mention Abu ali

I agree. We're not that Rich. Nigeria's 2025 budget is approximately N54.99 trillion, which is about $32.4 billion based on an exchange rate of N1,700 to $1. However, this figure may vary with changes in the exchange rate.


This is budget of some companies in the US

Land use act, says land owner must be at least 21 years old

When in uni then, I used all those buttons

It is Sundew.

An insectivorous plant that feeds on other insects.

Elon Musk the badt guy.

22 more characters needed

Her boyfriend or father or brothers is using her as an asset.

These people hardly crack though. God speed to our security agencies.

Sometimes I pity police, but when I remember their atrocities, I don't flinch

Why does the third picture look gayish


HBD to him

As "educated" as they seemed, you can't compare their output to Nigerians.

We have a mammoth population, I wish successive governments would prioritize education.

It's quite commendable. Issue of security should not be left alone to the FG.

I will advise the use of drone and sophisticated GIS technology.

Once pirated/fake starts to circulate, one cannot define the safety

Buy bonds

You can look for scholarships

You can learn to code (A must to be a versatile scholar)

Apply for Jobs, entry level jobs

Start online tutorials and educative content creation

Attend workshops and seminars

Connect with like minds

Perform independent research on a relevant problems and write about it

They should sue the police department, if only we had a judicial system that works

Women think they do us favor by getting married. They like to play the victim card. They cannot even take what they dish out.

bigpicture001:
Women move on easily cuz they really never loved any man... Only men do love women... Women are in it for benefits

I can't agree less

Takes less than five minutes, if she knows your phone password and WA password

The new tax bill proposes significant changes to Nigeria's tax framework to simplify, modernize, and enhance revenue collection while reducing administrative burdens. Here's an overview comparing key elements of the proposed bill with the current framework:

Key Changes in the New Tax Bill

1. Simplification and Consolidation:
Current Framework: Over 60 different taxes and levies across federal, state, and local levels, often overlapping and leading to inefficiencies.

Proposed Framework: Streamlines taxes into fewer categories (Income Tax, VAT, Excise Tax, Stamp Duties, and a Development Levy) and limits the total number of taxes across all levels to a single digit.

2. Value Added Tax (VAT):
Current Framework: VAT is applied to essential goods like food and healthcare, and businesses face difficulty recovering VAT on assets and services.

Proposed Framework: 0% VAT on essential items (e.g., food, healthcare) and a gradual increase on non-essential items to 15% by 2030. Businesses can recover VAT on assets and services, reducing costs and inflation.

3. Corporate Income Tax (CIT):
Current Framework: CIT stands at 30%, with minimum tax requirements for loss-making companies.

Proposed Framework: Reduces CIT to 25% over two years, eliminates the minimum tax, and introduces a "top-up tax" for multinationals to ensure effective tax rates.

4. Taxpayer Incentives and Protection:
Current Framework: Complex tax reliefs and allowances with low compliance and trust in tax authorities.

Proposed Framework: Simplifies tax bands, provides exemptions for minimum wage earners, and incentives for SMEs, including higher thresholds for exemptions (N50M turnover or N250M assets).

5. Tax Administration and Technology:
Current Framework: Manual processes and inconsistent enforcement create inefficiencies and opportunities for evasion.

Proposed Framework: Deploys real-time filing technology, electronic invoicing, and fiscal systems to curb evasion and ensure transparency.

6. Revenue Distribution:
Current Framework: Federal Government takes 15% of VAT revenue, while states and local governments share the rest, often leading to disputes.

Proposed Framework: Federal share reduced to 10%, with equitable redistribution among states and local governments based on derivation and other fair methods.

7. Excise Taxes and Incentives:
Current Framework: Applied unevenly with loopholes in free trade zones.

Proposed Framework: Harmonizes excise taxes on specific services (e.g., telecoms) and introduces stricter rules for free trade zones to prevent abuse.

8. Public Engagement:
Current Framework: Limited public input into tax reforms.

Proposed Framework: Emphasizes stakeholder engagement to build trust and align reforms with citizen needs.


Summary
The proposed tax bill focuses on harmonization, reducing economic distortions, and increasing transparency. It aims to foster growth, improve tax morale, and reduce the burden on the poor and SMEs while enhancing revenue generation through modernized and streamlined systems. In contrast, the current framework is fragmented, with numerous inefficiencies and complexities.



Concerns of governors
State governors and northern leaders in Nigeria have expressed significant opposition to the proposed tax reform bill, citing several concerns:

1. Economic Disparities: The reform proposes reallocating Value Added Tax (VAT) revenue to favor states that generate more VAT, reducing allocations based on population. Northern leaders argue this change would disadvantage less economically developed northern states, exacerbating existing inequalities between the wealthier south and the poorer north.


2. Revenue Allocation Concerns: Currently, VAT distribution includes a substantial portion shared equally among states, with considerations for population size. The proposed shift towards a derivation-based model could result in reduced federal allocations for northern states, impacting their ability to fund essential services and development projects.


3. Potential Economic Hardship: Leaders fear that the reforms could worsen poverty and unemployment in their regions. Governor Bala Mohammed of Bauchi State described the tax policies as "anti-Northern Nigeria," expressing concerns that the reforms might cripple the northern economy and hinder state governments' capacity to meet financial obligations.


4. Centralization of Revenue Collection: The establishment of a centralized federal agency to oversee revenue collection is viewed by some as an overreach that could diminish states' fiscal autonomy and control over their resources. This centralization is perceived as potentially marginalizing state authorities in financial matters.


5. Lack of Consultation: Critics argue that the reform process has been rushed, with insufficient dialogue and engagement with regional stakeholders. They advocate for more comprehensive consultations to ensure that the reforms consider the diverse economic landscapes and needs of all regions.


These concerns highlight the complexities of implementing tax reforms in a diverse nation like Nigeria, where regional economic disparities and historical contexts play significant roles in policy acceptance and effectiveness.

Askkumuyi.ai response


Who are the Sons of men in genesis?

In the book of Genesis, the term **"Sons of Men"** is often associated with different meanings, primarily focusing on humanity as a whole. In Genesis 6:1-4, there is a mention of the **"sons of God"** and the **"daughters of men."**

Here’s the relevant passage:

1. **Genesis 6:1-4 (KJV)** states:
- "And it came to pass, when men began to multiply on the face of the earth, and daughters were born unto them,
- That the sons of God saw the daughters of men that they were fair; and they took them wives of all which they chose.
- And the LORD said, My spirit shall not always strive with man, for that he also is flesh: yet his days shall be an hundred and twenty years.
- There were giants in the earth in those days; and also after that, when the sons of God came in unto the daughters of men, and they bare children to them, the same became mighty men which were of old, men of renown."

In this context:

- The **"sons of men"** generally refer to humanity as a collective, emphasizing the physical lineage and the corrupt nature of humans following the fall. Every individual is considered a son of man, showing that all share a common heritage and sinfulness.
- The **"sons of God"** in this passage have been a topic of debate among scholars. They are often interpreted either as fallen angels, the descendants of Cain, or the godly lineage of Seth, marrying the daughters of men, which are thought to represent the ungodly lineage.

2. Further on, **Genesis 5:1 (KJV)** highlights the creation of humanity:
- "This is the book of the generations of Adam. In the day that God created man, in the likeness of God made he him."
- This verse indicates that both male and female are created in God's image, reinforcing that all human beings share a divine connection.

In summary, the **"sons of men"** in Genesis are the descendants of Adam, symbolizing all humanity, contrasting with the **"sons of God"** in specific passages. This contrast emphasizes the moral and spiritual state of humanity, especially during the times prior to the flood, reflecting on the relationship between divine and earthly beings.

Disclaimer:My expertise is rooted in the Bible teachings of Pastor W.F. Kumuyi over the past 50+ years. Therefore, I may not be able to provide answers to questions beyond the scope of his teachings. However, if your inquiries are related to Pastor W.F. Kumuyi's Bible teachings, please know that we are continually enhancing the model to improve its understanding and coverage in this area. We sincerely apologize for any inconvenience and appreciate your patience as we work to serve you better.
Source: The Holy Bible KJV

Family stuff should be left in the family. People are quick to post and seek validation

If na for North, dem fit don burn that church by now.

But then, violence is never the way

I think he means, how many minister interacts with the citizens, having town hall meetings, inspecting projects, pursuing contractors till they finish their work... My thoughts though.
He may mean it they other way also

Husband is not supposed to leave the wife for that long and vice verse. That's why the Bible say "Nevertheless, to avoid fornication, let every man have his own wife, and let every woman have her own husband."

Marriage is for companionship. 3 years is too long

Marrying more women to reduce prostitution is a myopic way of thinking.

Those women you married would produce more girls and the cycle continues.

The men among them, turn into a nuisance, in the society

We sometimes celebrate mediocrity in this country.

There are so many social challenges that we can channel our energy to.

Till tomorrow, I respect Fela for standing up against many of these challenges.

Our artists can creatively inspire reforms without causing societal disorder.

RAV4 2002 model 2.5m. Sharp deal

Joyson:
Omo circle theorem and anything construction.😭😭

All those plenty theorems 😅🤣

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