₦airaland Forum

chimex38:
It's just economics to me.
demands has and will always be more than supply.
All these tax excuses don't cut it.

Why would you say tax excuses?
It is a fact known globally that taxes lead to increase in costs and could drive some items from the reach of the common man.
Do you know the current airfares for local flights?

Rebuker:

https://www.youtube.com/watch?v=-k-aOA3608w?si=S5lWapa06il8L2nT

This the country deceiving itself with ''Detty December''!

muzeze77:
Palestine will be free one day. Its going to happen.

There may not be freedom for anyone that tells lies and covets after someone else's land by violence. The land belongs to Israel and there is nothing in history called "Palestine"

Laple0541:
Imagine an illegal entity recognizing another ! This Netanyahu is a clown.

Lol. Silly talk. Israel is illegal entity in your dreams. The country and the people that had existed long before your own county was discovered.

Proudlyngwa:
God bless Palestine
God Bless Nigeria
God bless Venezuela

Any country or people raising a hand against Israel and wishing for the destruction of Israel is cursed

emmaodet:
Lol

There are three kinds of lies: lies, damned lies, and statistics

Leave statistics....Abi na statistics you wan chop?
Ghana economy getting better?

Do you have any facts or data to prove otherwise about Ghana economy? Or your opinions or doubts are based on mere bias and sentiments?

I

Putindbutt:
See how Tinubu is settling several decades long crisis, from settling $7billion Fx backlog, NNPC legacy debts, IMF loan, resolving Ogoni crisis, resolving Southern Kaduna marginalization, creating regional development commissions, etc. Others like constitutional amendments, LG autonomy, state police ( to be concluded as soon as possible).
Other legacy debts such as payment of 4 trillion naira GenCos debt, 185 billion to Gas Suppliers, (Already been approved and funds expected for release as soon as possible).

I pity wailers and Bitter Obidients, they will cry for 50 more years.

What matters most is the economic welfare and security of life and property of the citizens. Tinubu has failed in the most critical areas of governance

pluto09:
Merry Xmas.
I quite agree with you that our market is very shallow and there is need for SEC and NGX to do more to increase depth.
However, I am still wondering why you are not putting this your knowledge and expertise into use in other jurisdictions where we have the sophistication and instruments you are looking for, the global stock market, crypto , volatility index and the likes.

Crypto does not seem to have masters. Anybody can sink in that ocean.

Kcash200:
Hi guys,

I have a problem i have been dealing with since i was 12. I am from a large family and when i was 12, my mum told me my Dad is not my biological father and for me to make it a secret. I did not know what to do with such an information at that age but i knew it was wrong but i couldnt talk so i am not the one who destroys the family. Everyone lives in peace but i always wonder what will happen if only they know the truth. My biological father has other children and some of them know me that i am outside. He was involved in my life financially from 12years as far as i am aware of. He sent me money then and i kept quiet too and also supported me financially a couple of times though we have no personal relationship asides 2-3mins phone calls here and there and it is been like that for years.

I know my biological father and we kept in touch while i was in secondary school. Now that i am an adult now, i feel really sad about the whole thing and sometimes i even cry on my bed. I have been living in secret and a double life and fearing i might be outed one day. Some people in my mother's family are aware which is very strange and i find it shameful as a man now but i did not choose my fate. I have always tried to forget it and just leave my life but it is always just there especially when i think about starting my own family. I am striving hard for it not to define the way i see marriage and life as i am trying to write a different story for myself.

I grew up with my father who is not my biological father and i have been a good son to him as well and still taking care of him but it bothers that my whole life is a lie and it is hard knowing what i know and i can't say anything as that will scatter the family. I met some girls from a very good home who i can marry but i am scared if i tell her or other girls, that her parent will not let me marry her with that secret.

I am scared of getting married publicly as someone can take the news to my biological father as i do not intend to invite him as my biological father but i always feel heavy anytime i think about it. I want to start a new life for myself but i don't know how to handle this. I do not plan to tell my father as he is getting old and this can kill him at his old age as he has been through a lot in life. He is finally enjoying and i am taking care of him very well and he prays for me all the time.

I am building a good life for myself as a professional and have a lot of girls around me but i don't know what to do. Should i keep quiet and tell the girl i marry after marriage ? Isn't that me building my marriage on deceit. It is a shameful thing to talk about if you look at it.

Sometimes, i feel like they caused me trauma putting me in this position but i am an adult now and will bear responsibility for how i live my life and cant continue to blame any trauma or anyone. I am the one who has to keep quiet for peace to reign in the family.

I don't want to wait too long just incase it is a dealbreaker for someone but i also don't want to be disclosing to anyone.

Aside from marriage, i still do not know what to do with that information.

Keep your secrets from a woman, especially your girlfriend and her family. If you tell her, you are destroyed instantly! You are warned.
And don't tell anybody. A time will come when both fathers would die and you will be a free man.

seunowa:
Tinubu will still win both Atiku and obi home and away

Without rigging, Tinubu cannot win in 2027!
Most people that voted for hin in 2023 would bot vote gor him in 2027. His performance has been poor

Sagtop:
Lol, To Think Some Nigerian Thought The Whole Of Palestine are 100% Christians, There Are More Christian Is Palestine Than Israel But Nigerian Islamaphobes Aren't Aware

Shallow talk. Does Bethlehem originally belong to Jews/Israel or Arabs/Palestinians ?

callmeDDD:
In some other cases, they claimed they started "Detty December" and Nigerians highjacked it from them. It's better they get new way to trend but unfortunately, I doubt if it can run head to head with the one in Lagos. If Nigerian government really serious, they should promote this more and even make it better and be more creative about it while spreading it to other states to reduce Lagos tension. In the next 5 years, no one will want to visit Ghana again.

Detty December actually originated from Ghana several years ago. Nigeria only started in 2024.
The Nigerian govt should promote it more and make it better? But not to knowledge that the term"Detty December" was coined from another country (Ghana)? That is stealing an idea and it is not honourable. There is no big deal in using a term or idea that someone else originated but the right thing is to acknowledge the first person that brought the idea. If you don't do that it means you are copying or stealing people's idea .
It is Christmas day now and all over several places in Lagos and other states there is no light. Total darkness. And you want to deceive yourself about Detty December. Nonsense!

Truthday:
Is it a normal thing to bomb during peace deal? However, Israel still bombs Gaza daily

Israel is bombing threats that have refused to disarm. The peace deal requires Hamas to disarm at this time. If Hamas terrorists pose a threat to IDF troops anywhere, the terrorists will be gunned down. The peace deal was to save Hamas from total destruction by Israel..

awesomeJ:
You think seplat is struggling to get buyers? Do you know how much of their production is already pledged to Exxon?

You tell monopoly story in a context where it matters? what's the business of a company whose future productions are already sold with whether another player enjoys monopoly.

If you're a refinery with 20m of crude in inventory, a $10 fall in crude prices will eatly badly into your already slim margins, may even push you to a loss for the quarter.

Your perspectives are valid though, you can make your investment decisions based on them

Don't get me wrong. I only added a few perspectives based on the possible SEPLAT $50 and DR $10 margins you mentioned..
The price of crude oil would affect DR and SEPLAT differently because; it is an input (raw material) for DR, and final (finished) product for SEPLAT, hence a fall in its price would benefit DR more, and an increase would benefit SEPLAT more, all things being equal.

While SEPLAT has ready buyers, DR has market monopoly which it can always exploit to achieve its target, that is my point.

Anyway, let's hope both companies do very well so we all can benefit.

awesomeJ:
not likely.

one has a slim margin, the other has a bigger margin which has just gotten even bigger now.

SEPLAT can make close to $50 gross earnings per barrel, the refinery? maybe less than $10.

There are other dynamics like refinery making money whether the oil market is bullish or bearish (if they manage their inventory well)

You forgot that one enjoys almost a monopoly status in Nigeria and the whole of west Africa. A fall in global oil price may affect SEPLAT, while DR can always adjust its prices to make required margins and stay afloat. What may affect DR is that the IPO may lead to a large OS, which would affect performance metrics per share, and hence valuation(prices etc.

awesomeJ:
Seplat reporting successful completion of some assets to PML. on over 40k boepd.

Q1 should be sweet!

Dangote Refinery may rival or outperform SEPLAT if they pay also dividends in USD as announced by Alhaji.

SonofElElyonRet:
I be teetotaller and I no dey buy alcohol for person..

Meanwhile take this season's gift just seen on nairametrics

The Federal Inland Revenue Service (FIRS) has declared that the National Identification Number issued by the National Identity Management Commission (NIMC) has now automatically become a Tax ID for individual Nigerians.

The Service announced this in a public awareness campaign on the new tax laws posted on X on Monday.

For registered businesses, the FIRS said their RC number issued by the Corporate Affairs Commission (CAC) automatically becomes their tax ID under the new tax system.

This declaration comes amidst concerns over a provision of the tax laws mandating Tax ID for bank account ownership

Ok, I no dey drink alcohol again. I go manage fruit juice and non-alcoholic wine.

If this FIRS NIN matter is geared towards the CGT, it still would not work.!

SonofElElyonRet:
O da. Dey follow me drag

Happy Xmas.
Don't forget to keep my share of chicken and rice.
I no dey drink too much alcohol so you would not spend too much.

ebukal67x:
NBA don turn to civil society organization.

Of course, NBA is a civil society organization. Or what do you think they should be?

SonofElElyonRet:
Some people will still jump into first bank and end up carrying the bag

Na wa oo. Every man to his kettle.
Which ''bag'' First Bank get wey other stocks like Oando or Ellah no get?
I wish everybody in every stocks the best of luck

D

Year2025:
Nigerians are not wanted anywhere anymore why? It's definitely because of bad international image we wear now. Thanks to political officer holders

Dont just blame polutical office holders
The blame is on the attitude of the citizens in general. O<r political office holders are not from the moon. They are Nigerians too

Akwamkpuruamu:
When a criminal tells U go to court. You know what it means

When a criminal tells you to go to court, it probably means the would-be judge is an accomplice or already compromised.

Good2go1:
They are paving ways for their children

Exactly! All these is to pave way for that boy called Seyi Tinubu

Good2go1:
They are paving ways for their children

Exactly! All these is to pave way for that boy called Seyi Tibunu

FreeStuffsNG:
You just lifted a remark out from the conspiracy theorists playbook.

Russia is not pre-1948 Palestine that was naive enough to let the west import and plant Europeans in their backyard and today have been systematically annihilated and crushed.


Russia and Putin is not naive. Is it not same demand by Putin that Russia will not permit Ukraine to join NATO so that NATO will not build a another 'terror-project' in its backyard that Trump is today offering Putin?

So who is now right? Even Trump said it was a stupid idea to insist that Ukraine join NATO when Russia is vehemently opposed to it.

The world and its history did not start in 1945 or 1946 or 1948! Is 1945 the farthest your history and knowledge of the land of Israel can go? What about 300 BC? What about during the reign of Kings of the land of Israel, Judea and Samaria e.g. King David, Solomon, Hezekiah, etc

You just like to keep deceiving yourself on this so called ''Palestine'' fallacy!
There is no country, indigenous people, tribe or ethnic group called ''Palestine'' in history. What you people call Palestine today is an invented identity
The land of Israel had been in existence for thousands of years before the Romans conquered, occupied it and gave the fictitious name ''Palestinian'' which means wrestler/adversary because of the Jewish rebellion and uprising.

It wasn’t until the 1960s (roughly) that the term ''Palestinians'' was adopted by the Arab people of the Gaza Strip and the West Bank. This was a propaganda appeal to reclaim the entire region under its occupied name under the Ottoman Arabs and by calling themselves ''Palestinians'', they wanted people to believe they had an indigenous claim on the land. When they shout, “free Palestine!” They’re referring to the regional name. It’s a cry to delegitimize the nation of Israel, eradicate the Jewish people, and give the entire region back to the Arabs, specifically, to the Gazans and people in West Bank.

Redoil:
Some selected people mischievously altered a passed legislation on tax law which in it's own is a criminal offense.

When criminals are desperate to prosecute law abiding citizens as criminals, then you should remember the narration

I hope this is not the beginning of a ''new era'' when govt starts to forge and rig tax (and other) legislations passed by NASS?

Agbalowomeri:
You see these taxes?
Una must pay

Lol.
God go help us

PHIPEX:
This is a case of "Constitutional dictatorship".

Who sold Nigeria to France?

Only a fraudulent govt would forge and rig tax laws passed by the legislature.

ojeysky:
And what will their alarm do, they can only bark, they have not exhibited ability to bite

You are right. But my worry Is not really about the legislators raising alarm. I am confused about why the govt would gazette something materially different from what was approved by NASS because these are information that could be easily verified by the public

Sccarrr:
back door or front door....rules are rules.......
and if Dr congo end up going, they did so too by using the backdoor, breaking rules laid down, so I see no reason to castigate Nigeria only here🥱🥱

Which rules? FIFA cleared the players before they played the matches. That is what matters!

Na wa ooo!
I read that the NASS has disovered and raised alarm about forgery of provisions inserted in the new tax laws?
They say provisions in the gazette are significantly different from what NASS deliberated on and passed as legislation.
Another confusion

Apparently, a delegation from Ghana served as mediators between B Faso and the Nigerian delegation to secure the release of the 11 Nigerian airforce soldiers and aircraft
This i formation was hidden from the Nigerian media by the Nigerian govt.