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Business › Re: FIRS Clarifies Directive On Self Certification Forms For Bank Account Holders. by naptu2(op): 11:19am On Sep 18, 2020
CodeTemplar:
I that's the case the common sense should have told them that there should be some kind of threshold to make it sane. They ask for accounts holding money beyond certain amounts or people with combined funds beyond certain amount.
You are absolutely right. I didn't want to include it in the post because the communication from the government is clumsy, but I remember that there is a treshold in the original OECD directive. I think it was a million dollars or something similar. However, the Nigerian Government has not said anything about the treshold.
Business › Re: FIRS Clarifies Directive On Self Certification Forms For Bank Account Holders. by naptu2(op): 11:08am On Sep 18, 2020
Jaqenhghar:
Fair enough. Thanks for the heads up but I cant imagine why I would want to pay taxes to such an incompetent government at this time. What is the motivation? For me it will make a lot of sense to simply renounce my citizenship than pay a dime to further their cause
That's what Boris Johnson did with his US citizenship. He renounced his US citizenship because the tax burden was too great.
Business › Re: FIRS Clarifies Directive On Self Certification Forms For Bank Account Holders. by naptu2(op): 11:06am On Sep 18, 2020
CodeTemplar:
The underlined is so daft an idea. How can you tax people for being citizens or earning into foreign accounts? If I make money in UK and in the process of making the money, used UK's public infrastructures, common sense dictates that I pay my tax there and to some imaginary motherland that has been hijacked and is unsupportive of business.
That idea is from the US Government. They tax US citizens and residents, no matter where they are. The British prime minister, Boris Johnson, had to renounce his US citizenship because the tax burden was too great.

The US Government has gone after Swiss Banks and other tax havens, because they want to know the identities of Americans that have funds in such places so that they can tax them.

Nigerian banks have already been complying with this directive with regard to US citizens. I have received several messages from my bank to inform/remind me that I need to register if I'm a US citizen and that they are obliged to inform the US Government about my account.

It was the 20 richest countries in the world that approached the OECD to develop this reporting standard.
Business › Re: FIRS Clarifies Directive On Self Certification Forms For Bank Account Holders. by naptu2(op): 10:48am On Sep 18, 2020
Zico5:
(This is to enable governments to collect tax from their citizens that are based abroad). I don't really understand what's going on in this country. They are running out of idea thereby putting immense pressure on people based abroad. These people are paying tax in their respective country and is it a sin to save money in ur own country. This is a bad precedence on the part of the government calling themselves progressive. For how long will the masses continue to bear the burden of this government. No direction, no way forward. Everything is just upsidedown.
Jaqenhghar:
Honestly they are giving people reasons to renounce their citizenship. My uncle reiunced his own tey tey. He obtains a visa whenever he wants to come. He said he has no business that will keep him for more than a month in naija
It's actually not the Nigerian Government's idea.

In 2014 the 20 richest countries in the world asked the OECD to develop a standard with which countries can automatically exchange financial information about their citizens for tax purposes. Remember that US citizens and residents are obliged to pay tax to the US Government no matter where they live.

This system that is being implemented will allow the US Government to get financial information about US citizens in Nigeria and also allow FIRS to get financial information about Nigerian citizens in the US.

It is a mutual exchange of information between OECD member countries.
Business › FIRS Clarifies Directive On Self Certification Forms For Bank Account Holders. by naptu2(op): 10:11am On Sep 18, 2020
See previous thread here.

FG Asks All Account Holders In Financial Institutions To Re-Register Despite BVN
https://www.nairaland.com/6126530/fg-asks-all-account-holders

The Federal Inland Revenue Service has clarified the directive on self certification by bank account holders.

The Federal Government Twitter account had erroneously tweeted that all bank account holders in Nigeria were to obtain the self certification forms from their bank. The tweet has now been deleted.

In 2014 the Organisation for Economic Cooperation and Development (OECD) had developed a common reporting standard (CRS) with which members could exchange information about people that have bank accounts and other financial dealings in multiple countries. Read more about the CRS here.
https://www.oecd.org/tax/automatic-exchange/common-reporting-standard/

In compliance with that protocol, people who have bank accounts in other countries and foreigners who have bank accounts in Nigeria are required to obtain, fill and submit the self certification forms. This does not apply to all bank account holders in Nigeria. (This is to enable governments to collect tax from their citizens that are based abroad). The banks are expected to know the customers that this directive applies to (due to the Know Your Customer [KYC] programme) and to inform them of the directive.

Here is the FIRS statement.

FIRS Nigeria @firsNigeria

This is to clarify the publication for financial institutions account holders in Nigeria to complete the self certification form, pursuant to the Income Tax (Common Reporting Standard) Regulations 2019 which is for the fulfilment of Automatic Exchange of Information Requirements.

The Self Certification form is basically to be administered on Reportable persons holding accounts in Financial institutions that are regarded as "Reportable Financial Institutions” under the CRS. Reportable persons are often non-residents.

and other persons who have residence for tax purposes in more than one jurisdiction or Country. Financial Institutions are expected to administer the Self Certification form on such account holders when information at its disposal indicates that the Account holder is a person

resident for tax purpose in more than one jurisdiction. The information that indicates an account holder is a resident for tax purposes in more than one jurisdiction,is expected to be available to Financial Institutions during account opening processes for the KYC and AML purpose
https://mobile.twitter.com/firsNigeria/status/1306754572166279171

Politics › Re: Pictures Of Mausoleums Of Famous Nigerians by naptu2(op):
Nickshrapnel:
I used to think the Taj Mahal was a hotel, turns out I was confusing it for The Taj Mahal Palace Hotel. Great thread Naptu2
There was a time that the Taj Mahal and the Palace of Versailles were considered the most beautiful and luxurious places in the world and so there are many hotels, restaurants, etc. that are named after them because the owners want people to think that their establishments are the height of beauty and luxury.
Politics › Lagos State Government Disowns Viral Video Of Sale Of Branded Waste Baskets by naptu2(op): 1:50am On Sep 18, 2020
The video below went viral yesterday and it shows some men who arrested a driver because his vehicle had an Ekiti State branded waste basket. The people, who claimed to be officials of the Lagos State Government, claimed that the driver had committed an offence because he did not have a Lagos State branded waste basket.

The driver asked if he could buy a waste basket from the market, but the officials replied that he had to have a Lagos State branded waste basket because his vehicle is registered in Lagos State. The officials said that the man had to pay ₦3,500 for an authorisation form in addition to buying the Lagos State branded waste basket.

Some of the officials were wearing a green uniform, but the uniform did not look like that of any agency that I can recognise. See the video below.


https://www.youtube.com/watch?v=p5D3cfsKOU0

The Lagos State Government has now disowned the officials. Here is a statement from the Lagos State Environmental Protection Agency (LASEPA).

LASEPA @LasepaOfficial

PRESS STATEMENT! LASG DISOWNS CONTENTS OF VIRAL VIDEO ON SALE OF BRANDED WASTE BASKETS
1

The Lagos State Government on Thursday disowned the contents of a viral video where some uniformed impostors were promoting the sale of a branded waste basket purporting to be from the State.
2

In a statement signed by the State Commissioner for the Environment and Water Resources, Tunji Bello, he stated that all the characters in the viral video are fraudsters who do not represent the State Government or any of its agencies.
3

Bello affirmed that there is no unit or agency under the Ministry of the Environment and Water Resources that goes by the name “LAGOS STATE VEHICLE WASTE BASKET (LAVWAB) ENFORCEMENT/COMPLIANCE” as portrayed in the branded vehicle which the fraudsters operated from.
4

He added that the dubious intent of the criminals in the video could be deduced from the fact that they operated from inside a van in an automobile workshop and were very dodgy about the kind of enforcement exercise they were purportedly carrying out.
5

He explained that while the State Government had always encouraged all buses, trucks and articulated vehicles to provide waste baskets in their vehicles to encourage people not to litter the roads and streets; it has never prescribed any branded waste basket.
6


The Commissioner said the development has been communicated to security agents to spread their dragnets towards apprehending the criminals and their cohorts wherever they operated from and bring them to book.
7

Bello enjoined members of the public to report any incident of anyone purporting to representing the State Government and coercing them to purchase any particular brand of waste baskets to be placed in their vehicles
8

The Commissioner encouraged owners and operators of buses, trucks and articulated vehicles in the State to continue to provide waste baskets of their choice in their vehicles as part of efforts to discourage littering and promote a culture of proper waste disposal.   
9


Signed Kunle Adeshina Director, Public Affairs MOE&WR End.
10
https://mobile.twitter.com/LasepaOfficial/status/1306720634634932224


www.nairaland.com/attachments/12354706_2020091802_09_40_jpegd7cd34edca2c6e11f414215ac6471f5e

Politics › Re: Pictures Of Mausoleums Of Famous Nigerians by naptu2(op): 9:14am On Sep 17, 2020
DeepSight:
@ naptu2 - Please who was buried in the Pyramids.
Thank you.
The Pharaohs of Egypt. I was going to include it in the post, but I forgot.
Politics › Re: Pictures Of Mausoleums Of Famous Nigerians by naptu2(op): 8:05am On Sep 17, 2020
mxhibit:
Lol smiley Though na true hin dey talk.
You sef suppose no put Nigerian leaders when you know you'll add those abroad to the list.
The opening post is about Nigerian leaders, do you see any foreigner in it?

I can choose to provide more info in subsequent posts if I feel like and there's nothing anyone can do about it.

This is my last post on this matter.

Good day. wink
Politics › Re: Pictures Of Mausoleums Of Famous Nigerians by naptu2(op): 8:02am On Sep 17, 2020
fergie001:
Nice one OP...though Zik died in 1996.

Good One.
Thanks. It was a typo.
Politics › Re: Pictures Of Mausoleums Of Famous Nigerians by naptu2(op): 7:58am On Sep 17, 2020
mimimiles93:
You can't title a thread for famous Nigerians then slot in other non Nigerians. What does it take to create a new thread for others?
I can do whatever the hell I want and there's absolutely nothing you can do about it.

Goodbye.
Politics › Re: Pictures Of Mausoleums Of Famous Nigerians by naptu2(op): 7:56am On Sep 17, 2020
mimimiles93:
are all these people Nigerians?
Well they might be from Togo.
Politics › Re: Pictures Of Mausoleums Of Famous Nigerians by naptu2(op): 7:45am On Sep 17, 2020
Tafawa Balewa's tomb

Politics › Re: Pictures Of Mausoleums Of Famous Nigerians by naptu2(op):
Other mausoleums around the world.

The most famous mausoleum in the world is the Taj Mahal.

The Taj Mahal, burial place of the favourite wife of a Mughal emperor.

www.nairaland.com/attachments/12349126_taj_jpegaa779d82c775e87976835f04a43a8592

The Pyramids in Egypt can be considered to be a kind of mausoleum. It is the resting place of the pharaohs of Egypt.

The Pyramids of Egypt.

www.nairaland.com/attachments/12349127_t_jpegee52d67e28397f64be797024229f8ffa

Pope Francis visits the mausoleum of Hassan II, the former king of Morocco.

www.nairaland.com/attachments/12336003_images_jpeg_jpegeb6c065c105cfe1af50da1aeadfb7a99


The supreme leader of Iran, Ayatollah Khamenei, visits the mausoleum of the former supreme leader of Iran, Ayatollah Khomeini.

www.nairaland.com/attachments/12336004_kh_jpegeb252c5b26cbd7cc19143e4427538411



The mausoleum of Queen Victoria and Prince Albert at the Royal Cemetery at Frogmore.

www.nairaland.com/attachments/12349068_frogmore_jpegee5e9aaedcce4ba8884d4060ceb0e247

The exterior of the Queen Victoria and Prince Albert Mausoleum.
www.nairaland.com/attachments/12349069_frog_jpeg1_jpeg01064dc900d635a61177547c78a44392

The exterior of the mausoleum of former US president, General Ulysses S. Grant.
www.nairaland.com/attachments/12349109_grant_jpeg59631105c6ad8cdbb2dc8381ce0df9f6

The Lenin Mausoleum at the Red Square in Moscow was one of the most famous mausoleums when I was a kid. You can actually see Lenin's preserved body.

www.nairaland.com/attachments/12349286_tl_jpegb89a925f5325a7d7309210447889112d

www.nairaland.com/attachments/12349162_lenin_jpegc9759eb17f873a545c6795dd2017adc5

www.nairaland.com/attachments/12349163_l_jpeg620fd03115ad798865a99963bf909b99

www.nairaland.com/attachments/12349164_len_jpeg1a597a50a9b472de521a89592cf15dd4
Politics › Pictures Of Mausoleums Of Famous Nigerians by naptu2(op): 7:38am On Sep 17, 2020
The mausoleum of former Oyo State governor, Abiola Ajimobi went viral a few days ago (see previous thread here https://www.nairaland.com/6119045/senator-abiola-ajimobis-air-conditioned-grave) and so I decided to take a look at the mausoleums of other famous Nigerians.

Pictures of mausoleums of famous Nigerians.


A mausoleum is a building or structure that contains the tomb of a notable public figure. It is usually designed in such a way that followers, fans and associates of the person can visit the tomb. That's the reason that it has amenities like chairs and air conditioners.

In some countries it is customary that visiting heads of state and other such dignitaries visit the mausoleum of their former leaders and lay wreathes at their tombs.

Some mausoleums are part of a museum or library that contains material about the deceased person and tourists are allowed to visit the mausoleum for a fee.


President Nnamdi Azikiwe died in 1997 and the Federal Government promised to build a mausoleum for him. Unfortunately the mausoleum was not completed until 2018.

www.nairaland.com/attachments/12336005_zik_jpeg5c37baff667acae640a5f842810b4a8b

The exterior of the Nnamdi Azikiwe Mausoleum.
www.nairaland.com/attachments/12349070_zik2_jpeg562b9fc15c2af052b0f00c37dff4deba



The mausoleum of Chief Obafemi Awolowo. This is the first mausoleum that I saw in Nigeria. Chief Awolowo died in 1987.

www.nairaland.com/attachments/12336006_awo_jpeg136f2650605a7f6766be971fd2bdba3f


The former prime minister of Nigeria, Sir Abubakar Tafawa Balewa was a very simple man and he thought that he would have a very simple grave when he died, but the Federal Government built a mausoleum for him.

The interior of the mausoleum is actually very simple. The main reason that I'm posting pictures of his mausoleum is so that you can see what I mean when I saw that the mausoleum can also serve as a library or museum. In the third picture you can see the items that Tafawa Balewa used when he was alive.

Tafawa Balewa's tomb in the mausoleum.

www.nairaland.com/attachments/12349216_balewa2_jpeg1c1f96516a26ffa5a7e41673d89417b4

www.nairaland.com/attachments/12349219_exteriorbalewa_jpeg587e06118d58e6d82cd0a0bcd9940106

The museum. You can see Balewa's radio, bed and other items.

www.nairaland.com/attachments/12349217_balewa_jpegd3fd8084ca12e5d997d36684a185eabc

The exterior of the mausoleum

www.nairaland.com/attachments/12349218_bal_jpeg4d07d9343e0f70b8ab4d27bda57bdc37

www.nairaland.com/attachments/12349219_exteriorbalewa_jpeg587e06118d58e6d82cd0a0bcd9940106
https://naijachronicles./2020/09/17/pictures-of-mausoleums-of-famous-nigerians/

Politics › Re: Senator Abiola Ajimobi's Air-Conditioned Grave (Photos, Video) by naptu2: 6:50am On Sep 17, 2020
The former prime minister of Nigeria, Sir Abubakar Tafawa Balewa was a very simple man and he thought that he would have a very simple grave when he died, but the Federal Government built a mausoleum for him.

The interior of the mausoleum is actually very simple. The main reason that I'm posting pictures of his mausoleum is so that you can see what I mean when I saw that the mausoleum can also serve as a library or museum. In the second picture you can see the items that Tafawa Balewa used when he was alive.

1) Tafawa Balewa's tomb in the mausoleum.

2) The museum. You can see Balewa's radio, bed and other items.

3) The exterior of the mausoleum

Politics › Re: Senator Abiola Ajimobi's Air-Conditioned Grave (Photos, Video) by naptu2:
The Lenin Mausoleum at the Red Square in Moscow was one of the most famous mausoleums when I was a kid. You can actually see Lenin's preserved body.

Politics › Re: Senator Abiola Ajimobi's Air-Conditioned Grave (Photos, Video) by naptu2:
Explorers:
Just imagine.
amarachi06:
What nonsense is this? Is he feeling it with the spirits?

Na this kind thing dey make me miss NwaAmaikpe.
Benesis:
Africans mumu ehnn
Yankee101:
Does he have a/c where he is now?
OVB123:
Vanity, the man who there are doing it for is dead and gone for good and no need for all these.
abike12:
God is great. After death is judgment they are just wasting electricity.
dapsoneh:
This is a place where Ajimobi usually relaxes when he was alive especially when he had close visitors who he did not want to host in the living room. Nothing here , stop carrying stupid rumors
CheGuevara101:
Just go back and check what you quoted, read it over and over again or you can as well relate it with a friend and come back and apologize to us that you were not in the right frame of mind when you made this comment.
xreal:
I thought the AC was also 6feet below.



This concept isn't bad to me.

RIP Senator Ajumobi.
samuel1986:
This is nonsense in the highest order.
They should also provide him some
Champagne. After stealing money,
they went and install AC for him even
in the grave. The AC won't quench the
fire he is receiving in hell.
That is a mausoleum. A mausoleum is a building or structure that contains the tomb of a notable public figure. It is usually designed in such a way that followers, fans and associates of the person can visit the tomb. That's the reason that it has amenities like chairs and air conditioners.

In some countries it is customary that visiting heads of state and other such dignitaries visit the mausoleum of their former leaders and lay wreathes at their tombs.

Some mausoleums are part of a museum or library that contains material about the deceased person and tourists and researchers are allowed to visit the mausoleum for a fee.

The Pyramids in Egypt can be considered to be a kind of mausoleum. The most famous mausoleum in the world is the Taj Mahal.

The Taj Mahal, burial place of the favourite wife of a Mughal emperor.

www.nairaland.com/attachments/12349126_taj_jpegaa779d82c775e87976835f04a43a8592


The Pyramids of Egypt.

www.nairaland.com/attachments/12349127_t_jpegee52d67e28397f64be797024229f8ffa

Pope Francis visits the mausoleum of Hassan II, the former king of Morocco.

www.nairaland.com/attachments/12336003_images_jpeg_jpegeb6c065c105cfe1af50da1aeadfb7a99


The supreme leader of Iran, Ayatollah Khamenei, visits the mausoleum of the former supreme leader of Iran, Ayatollah Khomeini.

www.nairaland.com/attachments/12336004_kh_jpegeb252c5b26cbd7cc19143e4427538411


President Nnamdi Azikiwe died in 1996 and the Federal Government promised to build a mausoleum for him. Unfortunately the mausoleum was not completed until 2018.

www.nairaland.com/attachments/12336005_zik_jpeg5c37baff667acae640a5f842810b4a8b


The mausoleum of Chief Obafemi Awolowo. This is the first mausoleum that I saw in Nigeria. Chief Awolowo died in 1987.

www.nairaland.com/attachments/12336006_awo_jpeg136f2650605a7f6766be971fd2bdba3f

1) The mausoleum of Queen Victoria and Prince Albert at the Royal Cemetery at Frogmore.

2) The exterior of the Queen Victoria and Prince Albert Mausoleum.

3) The exterior of the Nnamdi Azikiwe Mausoleum.

4) The exterior of the mausoleum of former US president, General Ulysses S. Grant.

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