₦airaland Forum

Kewekubosineh:
Okay

Noted.

But a seaport in southeast will ease of business transactions. You don't need to go through Lagos or ibeto ports in Rivers State.

SE itself is not sitting on the coast. The river port in Onitsha is operational but seasonal because the water is not deep enough all the time.

Emeskhalifa:
My ogar I wonder o.
I see people buy Dangote cement, others buy lafarge or Bua every day here, no one is forced to buy that of Dangote. My question is if Dangote is Monopolistic as people claim all the time, I don't think these other cement producers will even be allowed to produce and sell across the country.

E come be like person no know the meaning of Monopoly again o

We can't say it is a monopoly but maybe we can call it a cartel. They borrow huge money at high interest and expect the govt to guarantee that market for them so they can repay their loans. Cement in China is like 65 dollars per tonne India is less Iran is 31 dollars per tonne but Nigeria is around 108 dollars despite that labor is much cheaper in Nigeria we also have the natural resources. Labour is cheaper in Nigeria than in Iran These big companies could have raised money in Nigeria. There are mutual funds in Nigeria that can raise the money.
We Can't call it a monopoly because you can build your own factory
The best way to run a company is to use equity instead of loans. Imagine big US companies using loans instead of equity

Dalohad:
God gave you Oil wealth that only about 15% of the countries in the world has, yet you want to asphyxiate Nigerians with more taxes.

The best example of how oil wealth should be used is Norway. They invest everything in a sovereign wealth fund now worth over 1.4 trillion dollars Norway has just five million people and their oil income is comparable to Nigeria of 200 million people

To be an efficient country with free education, universal healthcare and etc you have to pay half of your GDP as taxes. Norway is doing more than half

Dalohad:
At whose expenses? Is the business man not going to add the levies to his goods and make sure the common Nigerian buyer pays through his nose.

When you Agbadomudeens jump up to celebrate high generation of revenue by Govt. agencies do you really know what you doing?

You are invariably celebrating extortion, this is the reason prices of goods never come down whenever they go up.

As you celebrate this high revenue generation, do not forget to celebrate the attendant high cost of food, medicines, etc that comes with it.

Customs revenue should not be capitalized on. It should be more of wage tax, corporate tax, property tax and etc. You need a lot of tax revenue to lift any nation.

owobokiri:
Can you show us the WAEC or JAMB registrations that confirm 80% are from Lagos?

I'm waiting..
DON'T RUN!!!

I used to have a table that shows waec registration by states in a particular year but I can't find it again and the info is no longer online. However why do you think NIN registration in the SE will be 80 percent of Lagos if the total population is not thesame percentage? Everybody did NIN. Lagos might be up to 25 million now. Do you think the SE is more than eighty percent of twenty five million?

owobokiri:
Can you show us the WAEC or JAMB registrations that confirm 80% are from Lagos?

I'm waiting..
DON'T RUN!!!

This is a thread about NIN showing Lagos to be over 12 million and the SE over 10 million. I will find the table on waec registration soon

https://www.nairaland.com/8376120/list-igerias-nin-enrollment-across

owobokiri:
@ the bolded..
You got that from Bayo Onanugas propaganda class of mumbo-jumbo!

If NIN registration, waec registration and etc is eighty percent of Lagos what does that tell you? The whole SE is not more than eighty percent of Lagos in population. That is just the truth

Kewekubosineh:
So, you think southeast doesn't deserve seaport?

Southeast deserves seaport. Not Lagos or Ibeto. That's the only way to ease businesses in southeast.

Yes! Southeast deserves seaport! Not Lagos or Ibeto.

Lagos is not the busiest port in west Africa. Lome and Cotonou are far busier and their population is no where near Lagos.
Someone was saying yesterday that the busiest port city in the UK is a city of 30k people
There is already port in Onitsha but seasonal because the river is not dredged
Lagos does not have a monopoly of ports and port is not what drew population to the city. We can say the former status of capital drew population to the city

owobokiri:
Lol,
NIWA is an agency of the federal government, you remember?
Lol
You have never done any sort of reasonable business in the east. I have businesses over there for ages,.. but you want me to beleive you on issues related to businesses in the east!

How are we going to have any sort of "logical" discuss when you are desperate to impose a narrative that the east is empty, which is nothing but a big lie!?

Exorcise yourself of your ethnic de-mons, then maybe, you can see facts and datas for what they are; facts and datas..

The south east is like 80 percent of Lagos in population and that is ok if you consider that it is around the same size as Oyo state. Anambra is the most densely populated in Nigeria after Lagos. The SE as a zone is the most densely populated in Nigeria. It is doing ok as it is. It can't pull more than it's weight

Lagos is bigger today than the western region in the 1950s but what have they done with the huge igr? Nothing. Everything is done in secrecy. No one knows exactly how many are Lagos workers. The western region created Oodua group. What did Lagos create? Nothing. It is a big shame really. The revenue being collected is going down the drain. I used to think they have 500k workers but there is no reason to believe that anymore.

aribisala0:
Felixstowe is the busiest port in the UK . It does more than twice the container traffic of the whole of Nigeria

Fact check me


Now the population is about 30000. Many people in the UK have never heard of the town

Lome in Togo. One port does more container traffic than the whole of Nigeria
.
Its population at 2 million is nowhere near Lagos

Your assumption about population has no logical basis

Dangote imported 150000 containers for his refinery all via Lome

I am sure that Dangote is Not the only one bringing stuff via Lome
And maybe more than half of what passes through Lome comes to Nigeria

Ethiopia is landlocked. It has no port for its 100million plus people. Its economy outperforms ours currently


Everything you are saying about population and congestion is just programming. That is what you insist on believing without any basis

If there is congestion at a port it is down to Nigerian factor and corruption not location. You can have a single port servicing Nigeria in a town no one knows. Why is Lome so efficient at turning containers around? They are serious people. They do not appoint people based on federal character

Not only Lome even Cotonou have more traffic than Lagos

In Yoruba culture someone born before you married into the family ranks above you but they will still respect you if you are older. It is therefore two way. In Yoruba culture you can't call anybody that ranks above you by their names. In the past it used to be aliases

nairalanda1:
So, 30 trillion is enough for 240 million people.

Oga, either you are supporting tinubu, or you are just joking.

Tinubu is a bad leader because we should have a budget of 100 trillion or more...not just 30 trillion

Money can only come mainly from personal income tax now and the federal government is not in charge of that.

[quote author=Gerrard59 post=13688What if the employer does not pay a salary to himself or pays just the minimum wage?

That is tax avoidance rather than evasion.[/quote]Laws can be made to take care of all that. CEOs paying themselves one dollar per annum should be illegal

delkuf:
i dont think you are living in Nigeria. Because if you do, you will see how this squeezing from the poor Nigeria and living lavishly.

So all governors are living lavishly? Why can't Kano secure a revenue of 10 billion dollars per annum and use part of it to solve Nigeria's steel problem? That is just 500 dollars per head per annum. I live in Nigeria

delkuf:
am not talking about the private sector, am talking about the govt. What has tinubu be doing with all the billion he has been collecting from the subsidy removal and vat. He has been buying yacht and cars.

I am not here to defend Tinubu. I am not his supporter but to be an advanced country enjoying universal healthcare, free education and etc you must be ready to give up half of your GDP as taxes

jaxxy:
Jews have existed b4 roman and Greek empires. They can never be called Arabs. Arabs know their heritage from Ishmael.

Yes they have existed for long but can they be surrounded by Arabs and say they are not Arabs? Speaking the same language and etc? It was Greek and Rome that took them to Europe otherwise they would be no different from Syrians Palestinians and etc
Ishmael is not an ancestor of Arabs. Can you prove he ever left where he was born in Egypt or Palestine? He is a Torah character with no known descendants

advanceDNA:
Weda we have 20 billion, 600 billion dollars or 500 trillion... It's never for 220 million pple...

That's the excuse Nigerian leaders come up with.. using population to justify incompetence

Once they pay salary, do small infrastructure which is all an embezzlement scheme, the rest is for their pocket...
Fuel is gone.
Currency subsidy
No free education..
No free health care..
No benefit of the aged, unemployed, or disabled....nothing...
Nigerians enjoy very little in their common wealth

So quoting a budget for 220million pple is scam...

In the same Nigeria General Gowon led for nine years without owning a personal house. The western region had free education free health care, produce board, high minimum wage, first sovereign wealth fund on earth and etc.

delkuf:
you want Nigerian to join hand with a govt that will collect from the poor and live large on it. It is not hard for Nigerian to pay tax but the government should show transparency. Deal with corruption, then you can now talk of increasing tax.


Don't tell a ha join hands with people that will steal our commonwealth

It is a leadership problem. There is no voluntary tax payment anywhere. Lagos did not seek anybody's permission before weaning themselves off allocations. They collect over 40 billion naira every month. If I am a Governor no one can stop me from taking tax. I can't have millions of income earners in my state and be waiting cap in hand for allocations.

delkuf:
so the government cannot give us basic amenities. They can't give regular electricity, good roads and a better healthcare. And you want us to continue paying more and more tax.


Nigerian will get sense one day.

The private sector will have to be involved in solving power. To have 50000 MW like South Africa there will need to be an investment of up to 50 billion dollars and we are more than four times the population of South Africa. Therefore we need 200 billion dollars for the same level of power. Even more than and government budget is not more than thirty billion dollars. State governments have been given the go ahead to seek partners and solve the problem but they are taking baby steps. The market is there that will pay for the power but here we are. However people are solving power issues by going off grid. Off grid power now will be much more than grid power

Fearurcreeator:
Nigerians normally be anini. High income earners no dey wan pay tax ... Na cow and throw Money for burial them like. Show offs. That tax them must pay

It takes leadership. Nobody wants to pay tax in any country.

jaxxy:
U are confusing urself not me. The Jews have never been Arabs and have never called themselves Arabs.

Israelis are not same as Egyptians they are different. Different ancestry and different religion..

If there was no Greek or Roman empires all Jews would be Arabs because that's their homeland

delkuf:
can I ask you a question and I need a simple answer. Can you say that if by Jan 2026 majorities of Nigerian start paying tax. And half of gdp is used for tax, will this govt use the money for our betterment. Will they give us free rent. Regular electricity. Good health care system.

Will this govt give us all the basic amenities we as citizen deserve. Just answer this question

Once you start collecting taxes you have to keep it flowing and to keep it flowing you must tend to the economy and you will do it whether or not you are corrupt. Once you have a hundred billion dollars budget and you have employed people and etc you can't go back to fifty billion

delkuf:
how is this government helping us. Didn't you read. The country that this guy is, he is paying 25 percent of his salary for tax and the govt is paying his children school fees and still pay the children. Free healthcare. Free rent.


But here you want us to pay more for tax with nothing the govt is doing for us.

I am not saying the government is helping now but to reach the level of what obtains in western europe, North America, Japan and etc you have to pay half of your GDP as taxes. No way around that

There is no need for any new tax in Nigeria. What is needed is for all tiers of government to take the taxes that is statutorily granted them. The federal government is taking most of its taxes already but the states and local governments are lagging behind

If the average state can have the revenue drive of Lagos state they will be able to more than double their revenue. In Lagos state there is no big business that does not file PAYE returns. Hotels, gas stations, bakeries and etc all do so. Many under report but they file something


The average state in Nigeria has over a million income earners working at various addresses in the states and all that is needed is to fix minimum wage and tax them at those addresses. There is no need for the federal government to impose additional taxes.
If states in general get serious with taxes, it will become apparent that they need to be paying a percentage up to the federal government


To have the efficiency of Western Europe, Japan, North America and etc you have to be ready to pay half of your GDP as taxes.

jaxxy:
Israel is not Arab they are not descendants of Ishmael..They are Jews.

There are all kinds of Arabs. Jews were originally Arabs. Their homeland is in the area. It is only that the Ashkenazi spent 2000 years in Europe. If Egyptians Syrians and etc are being called Arabs that makes Jews too the same thing.
Then Arabs are not descendants of Ishmael who was a random person with no known descendants who lived and died in Egypt or Palestine like five thousand years ago

ZombieDredd:
Oya compare to US with our population.

Stop jumping around the place

US budget is over six trillion dollars for 330 million people while Nigeria budget is less than 30 billion dollars for 220 million people but if we adjust for cost of living the US budget is not more than 600 billion dollars in Nigeria. What 6 trillion dollars can do in the US less than 600 billion dollars will do it in Nigeria. If we had a budget of over one hundred billion dollars it will go a long way

Buccalcavity2:
Ok. Let me go into a bit more details. The summary of all biz plus wages is in revenue. The moment someone can track inflows to your account, he can tell your turnover and you can be taxed on that. Now there is room for adjustment, which is why you are to file for taxes every year to explain that there are associated expenses with that revenue or this part of the revenue is just a transfer not revenue (e.g gift). Now there is going to be another department that probes your filing if it is true or not. These processes are suported by laws compelling all banks and companies to submit thier transactions for every individual yearly. And of course there are peolple that bypass these all over the world, hence there are laws that make you pay more than you planned to save (while trying to evade).

Revenue is not always indicative of strength of a business. A trader can have a huge revenue but the profit margin will be small. It also differs from business to business. In a country like Nigeria some people have a large chunk of their revenue not passing through banks. However it is difficult to lie about number of employees. In Nigeria wage tax belongs to states while corporate tax is for fg. To collect the company tax is always very hard but wage tax is easy. That is my point

ZombieDredd:
Do you know about Libya during ghadaffi days?

A country with the population of Osun but with the revenue of Nigeria is not a good example and even at that Libya was not a country that was leading in any thing. It was not a giant in anything and it was not an immigrant worker destination. There is more to life than the government providing everything for you. Then the oil revenue in Libya should be up to half of the GDP

horlando30:
It is a misconception that Nigeria is rich. We are very poor nation, I would say wretched. The gulf country you compared us with have very tiny population and make more dollars than us. Nigeria with a population of 200 million makes less than $40B every year while Saudi with 30 million people makes about $400B annually.

Nigeria simply has too much mouth to feed with little money. For us to be nearly as comfortable as gulf nations, we need to make atleast $500B anually for our population size

If you don't join hands together via taxes you will be poor. You collect the tax and part of what you do is invest in local production. You support your entrepreneurs because they can't do it alone.

Buccalcavity2:
Lol. You expose your ignorance. It is not VERY difficult to know earnings of business. Go and read the financial act recently signed and you will know that it is not difficult. You seriously think your environment is diff from england, france.....Humans are same all over the world. Biz concepts are same. If they can track itin thier country, Nigeria can track hers. Lets not be negative

I mean it is what they want to show you that you will see. However with wages it is different. You can make money from company tax but it is easier with personal income tax. All countries make more money from wage tax than any other tax. Wage tax is where the money is not company income tax

CSTRR:
Everybody in Nigeria pays taxes one way or the other, as long as you buy goods and services.

If you don't know this yet, then you shouldn't be taken seriously.

Are you not ashamed to come from a nation of 220 million whose budget is less than some university budget in the USA?