₦airaland Forum

Ihaveleftnaija:
Exactly. Indirect taxes hit the poor harder because they take a bigger share of income — that’s just how capitalism works. The rich will always have advantages.

That’s why accountability is key. When governments are held to account, tax revenue actually turns into roads, schools, healthcare and jobs, which slowly narrows inequality — like we’ve seen in Europe.

So it’s not tax or accountability. It has to be both, or nothing really changes.

A top-to-bottom accountability structure is almost impossible under our constitution, which gives governors near-absolute powers and makes it hard for the FG to hold them to account. A bottom-up, citizen-led approach isn’t much better either—people are largely docile with their local leaders, shielded by tribalism and nepotism, and only find their voices when the FG is involved.

If we don’t think differently, we’ll keep funding the ambitions of 36 emperors while inequality keeps widening. A sensible starting point is improving literacy nationwide. The FG can use UBEC more effectively by setting firm standards and increasing counterpart funding. A more literate population is far more likely to make better decisions.

Ihaveleftnaija:
Yes, the rich pay indirect taxes — but that’s exactly the problem.

Indirect taxes (VAT, fuel, levies) take a much bigger share of a poor person’s income than a rich person’s.

That’s why functional countries rely more on progressive income and corporate taxes, not VAT, to fund development.

Nigeria does the opposite: weak direct taxes, heavy indirect taxes.

Result? The poor feel it more, and the rich still escape.

Look up my South Africa example. The poor pay vat and all but the middle class,Upper middle class and the rich pay a non negotiable income tax

God bless you—this is exactly the kind of response I love to see.

You’re looking at indirect taxes as a proportion of net income, right? I think we first have to agree that in any capitalist system, the wealthy will always have an advantage. That’s why I believe holding governors accountable is key: increased revenue can then trickle down to the masses through better infrastructure, education, and healthcare, which over time will narrow the gap between the rich and the poor, as we’ve seen in Europe.

DatNiggaDaz:


The data boys of the fake certificate holder saw the marginal increase in lies as the greatest achievement of the roasted electricity fraud.

The incompetent mandate snatcher have already taken the advice of the terrorist sheik Gumi to go to Turkey and sign a Deal for security and defence. Gumi warned him to ignore the West and seek for security assistance from fellow creatures that hate Christians

Nigeria’s foreign policy is one of non-alignment, with Africa—especially West Africa—as its primary focus. So it shouldn’t be surprising to see Nigeria’s leadership engaging with Russia, Turkey, and China, while still maintaining close ties with the US, the UK, and Europe.

Ihaveleftnaija:
True — Nigeria’s tax system is regressive.

The poor pay indirect taxes while the rich evade direct taxes.

That’s a design and enforcement failure, not an argument against taxation itself ,right ? But you agree that taxation is needed for Naija to develop?

And you think the rich do not pay the same indirect taxes?

Net increase right? We need a framework to hold governor's responsible because this means more money for them.

Ironfaceman:
Shame on oshiomole the crooked dimwit. Oshiomole had fooled the gullible with his testimony of lowering food prices.

Like Akpabio said Nigeria have adapted to hardship.

If you ask a Nigerian why are you eating shit?
He will reply shit is just protein.

Why did you bother to read the basis of this lamentation? Read the answer lies there.

MrUnitedstatesA:
What of quality jobs that put you in a position to pay tax ? You think in other African countries that work ,they tax everyone with income?

What do you mean by “quality jobs”? If you have no income, you’re not paying taxes anyway, and there’s also a minimum tax threshold. While I personally think that threshold is low, it’s still an improvement and provides some relief to the people. Any politicians opposing the new tax laws will have Nigerian workers to contend with in the next election, because about 85% of Nigeria’s formal workers will see a slight increase in their net pay.

MrUnitedstatesA:
So you expect poor people with no jobs to pay tax? . Tax what without giving us good environment to thrive and then be able to pay the tax? You people are promoting rubbish for 30 000? That shows how low you value yourself and family . Do poor people pay tax for South Africa? But their government give them nice things without tax,why is Naija not doing it ?

No jobs means no income, which means no taxes. You know that, right?

KingGBsky:
Can Tinubu tackle anything? A clueless criminal Buffon working for France. How can a man who does not have any clue of what to do with governance except for stealing and allowing others to steal with total and complete confidence knowing fully well the yahoo boys pursuing EFCC is off their reach.

If you don’t understand it’s Okay to ask people for clarity or a simplified summary.

If you ask politely I just might help you and even I choose not to hopefully someone else will. Btw it’s a step in the right direction.

bunmioguns:
N1,257 sounds theoretically sound using Purchasing Power Parity, but the 'Nigerian Factor' and our heavy reliance on imports always create a gap between theory and reality. If we can't fix productivity and crude oil theft, 'fair value' will remain a dream on paper.

What data backs up the claim that Nigeria has a heavy reliance on imports?

Ofodirinwa:
Igbo and Yoruba were very aware of each other. If this is how your preceive history, you have to give yourself time a learn a little more. With that level of ignorance, it's easy to understand the shortcomings which made you type the rest of what you typed.

please enlighten us —I’d always thought there’s got to be some form of meeting point maybe via trade or something.

Stephen0mozzy:
To first understand who buried the Naira, you must first point out what the Naira and purchasing power was before Buhari came in.

The good ol' Sai Baba tanked it.... But he had 8yrs to do so. Let's give Pres. Tinubu some time in his current dispensation and see how deeper he tanks it or leave it where he found it or improves it. In reality though, not news headlines and $9m image laundering 🌚

Fair point. A more appropriate comparison would be the final quarter before the election year, when the administration should be at peak performance and before election spending begins to distort economic outcomes. That would be Q4 2018 for Buhari and Q4 2026 for BAT.

grandstar:
I am a lot like you.

Though not an economist, I am a strong lover of free markets.

I have a huge dislike for protectionist policies, because it focuses resources on areas you lack any competitive or comparative advantage and to areas you such at.

The primary reason why food is expensive in Nigeria is mostly down to protectionist policies. Though foreign competition can be unfair at times, keeping the borders open is the best policy.

Cambodia in a 10 year span increased cashew production from 100,000 mt to 1m tons, while Nigeria largely remaining the same because government preferred self sufficiency on rice, something the country bucks at producing well.

If half the money spent on rice was expended on cash crops and other crops we produce well such as sorgum and millet, I won't be surprised if exports of agricultural produce increased by $10bn in a span of 10 years.

I am now following you.

There are 3 foreign trained economists here: omohayek, 4play and Blue3k.

Unfortunately, they aren't as frequent in posting as they used to.

You could still follow them.

Thanks for the follow and your kind words. I think I’ve seen blue3k posts in the past; I’ll follow the others as well.

Tenses:
tinubu committed a crime against the state of Nigeria. It is an impeachable offense.

How many versions of the current constitution do you think exist?

grandstar:
A lot of what you wrote makes a lot of sense.

The solution is simple: rapid economic growth and lifting the protective wall that prevent imported food from entering in.

Rapid economic growth would create job opportunities for those leaving the farms into the labor force.

Low import duty on food will make food cheap. This would create cheaper alternatives for consumers.

The government should encourage the production of cash crops by farmers. This won't suffer much from imported foods.

It’s economic suicide to restrict imports on goods where you’ve no comparative advantage. That’s one of the many ridiculous policies the Nigerians have ignorantly embraced because it’s popular. If the cost of producing garri or rice is cheaper in China than Nigeria—then Nigeria should focus on producing something else, not where its producers can compete; otherwise, we are one economic policy away from wasting the gains of the recent reforms. It’s the same thinking that makes people parrot restricting fuel imports because of Dangote’s local production, which will only lead to more poverty for the final consumer in the long run. They should keep markets open and competitive; focus production on areas we can make compete and make massive gains. Eg Nigeria has massive advantage with BPO processing with our youthful English speaking population.

sesanrota:
One quarter of that sum.may not be domiciled in Nigeria,
A lot of materials will be sourced from outside Nigeria
A lot of equipment will be procured from outside Nigeria
A lot of expatriate will consume much of that money
At the the end a migre amount will be given to Nigeria in respect to employment, fabrication and stuff...It's called capital flight
At the end, what are we really celebrating as we are never in control.

You’re also right but should we tell shell to cancel the project FID and take it to Angola or Libya?

His personal opinion the delegates will decide

thomas2024:
You’re in the ruling thieving party yet unsettled. The wicked flee when no one is pursuing.

That assumed wickedness is prolly why APC is the ruling party —stay wicked.

Richtaiwo:
The only fuel powering their endless outbursts against Tinubu is pure, undiluted hatred, nothing more sophisticated than that.

Watch how they erupt on cue. The moment someone dares to express an opinion, they sprint out of their burrows like alarmed rodents, armed with curses, insults, and all types of unprintable names.

rich vocabs

kushme:
Seeing this comment. I am going to baba's place now now to telll that he is lying if he can't provide evidence.. I hope you keep to the end of your own words if i could proof it?
We live in the north and act low as minority, we don't lie concerning things like this.

Thanks to my luck Baba responded to this.
When i went to Baba and told him what i did(puttin' online what he complained about), he was reluctant to give in but respected the maths teacher he knew. He then asked how can that help him? I showed him your comment. That was why he allowed me to snap the alert messages.

Now, i observed and tried to make sense out of every deduction to what it was.
Baba, got a credit alert of NGN1.8m yesterday(15/01/2026)
Then did three(3) ussd transfers today(16/012026) of NGN20,000
Which is supposed to be NGN60,000.
So, with charges and the rest, is Baba supposed to get a balance of NGN1,719,692.48

So, N20k is missing? Just print out his transaction history—you’ll find it there. My offer was based on the premise that the deduction was for taxes.

kushme:
What kind of Gov' is this?
So, there is an elderly retiree i sometimes gist with, i saw him today and he looked worried, i greeted him, he answered and kept quiet. Unlike him, he would have said more than just answering the greetings. After few minutes of keeping quiet, the next think he said was "what kind of gov' is this?"

I looked at him and asked what the matter was, he said, he transfered 60k to someone from his Access account and 19k was removed as tax. So, me i don't understand oh. Thats way too much oh.. If tax like this us removed from transfers, then prices of commodities would go up in due time.

If you provide proof I will refund the full amount sent by the retiree. How about that?

As expected, I’m projecting single digit before mid year.

TheStoriesOfMan:
Paid agent, continue supporting the government.

@seun why are you allowing Disinformation

TheStoriesOfMan:
Attacking my posts makes you look funny.

Nevertheless , I'll say the truth, paid agent!

If you like use 100 monikers, that's your business.

Check my moniker: I don’t need to be paid to support what is good for the masses; maybe that’s alien to you.

TheStoriesOfMan:
I sent Mr. Obiagwu Ezemuna ₦1,500,000. Government comot ₦130,000 as tax.

It's well. Na God go judge everybody.

Ridiculous LIAR

Atlantis585:
That’s because you are trying to do a copy and paste of US tax system thereby making life so hard for the Nigerian people. Our economic system is quite different from the more advanced and organized American economy. Try something more home grown and easily acceptable.

How does it exactly makes life hard? which section?

Morenikeji090:
Wait self this tax nonsense just dey confuse person up and down… if someone is to make a transfer of 1 million naira to me how much would I received pls enlighten me…??

7.5% of N50 its been on for ages but this guys are just looking to cause unnecessary panic .

Borrow2222:
Do you think he cares about that?

Their own definition of patriotism is supporting every dumb policy from their ethnic president.

Forgetting that patriotism means supporting your "country" against any aggression or bad policy, whether foreign or domestic.

It’s you who doesn’t care about the masses because a significant portion of the populace who earns less than N50M will see a reduction in net tax payments, but of course you’d rather parrot the interests of the less than 1% that earns over N50M who will bear an additional 1% increase in net tax payments.

oshkoach:
Yes he was wrong.
The only reason he increased allocations to governors is for his selfish interest and not for the welfare of Nigerians. This is the reason all governors are singing his praises and decamping shamelessly.

He has turned almost all Nigerians to beggars one way or the other. Before you support the president, ask yourself if your life is better now as compared to pre-2023.

Yes, my own life is perpetually better I don’t know about yours. How exactly does giving more monies to governors who are likely to embezzle it help the chances of the president at the polls? Help us understand

nepapole:
The will of God.

May God comfort the family of the deceased.

We go out of our homes and return and we think it is by our might.

We walk freely in our homes and we think it is by our might.

May we not be among the ungrateful...

How do you know for certain it’s the will of God and not the negligence of the contractor?

Brendaniel:
It was an error, it will be corrected, thank you...

Good! Also, correct the numbers as well because they are wrong.