The same interview, very different reportage and choices of headlines. Bad news sells faster, so some journalists will spin any news just to sell. Some of the quotes attributed to me in some of the reports are not my words.
My committee's proposal for VAT is to reduce the rate to zero per cent (0%) for food, health, education, and exemption for rent, transportation, and small businesses. Our data shows that these are the areas where the average person spend almost all their income, meaning their VAT burden will reduce. The upward rate adjustment is on other items to partly offset the reduction in rate and exemption for basic consumptions ensuring that the masses are protected.
See the link to the full interview here and draw your own conclusions:
Bluntemperor: naptu 2- God bless the day you are born and God bless Nigeria and Nigerians. We shall get there,no matter the troubles by the enemies of Nigeria
(FOCAC) Chinese, Nigerian presidents announce elevation of bilateral ties
Xinhua 2024-09-03
BEIJING, Sept. 3 (Xinhua) -- Chinese President Xi Jinping and Nigerian President Bola Tinubu held talks on Tuesday and announced the elevation of China-Nigeria ties to a comprehensive strategic partnership.
Tinubu is in Beijing for the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) and a state visit.
China is further deepening reform comprehensively to advance Chinese modernization, which will bring more opportunities for the development of China-Nigeria relations, Xi said.
The two sides should work together to realize their respective modernization with high-quality cooperation and push China-Nigeria relations for new and greater development, he said.
Xi noted that the two countries should enhance strategic mutual trust, view and develop bilateral relations from a strategic and long-term perspective, and firmly support each other on issues of their respective core interests and major concerns.
Xi called for promoting the interconnected and integrated development of infrastructure, energy and mineral resources with industries, and fostering cooperation for new growth in areas such as the digital economy and new energy.
China supports Nigeria in fighting terrorism, maintaining regional stability and playing a bigger role in international and regional affairs, Xi said, underscoring the country's willingness to strengthen multilateral coordination with Nigeria to safeguard the interests of developing countries.
Tinubu highlighted the significance of deepening economic cooperation and developing a comprehensive strategic partnership with China, and said Nigeria hopes to become China's largest trade and investment partner in Africa.
Nigeria welcomes more Chinese enterprises to make investments and expand mutually beneficial cooperation in agriculture, manufacturing, mineral resources, energy and infrastructure in a bid to help Nigeria and West Africa achieve modernization and effectively get rid of poverty, he said, adding that Nigeria is willing to provide sound security conditions for this purpose.
After the talks, the two heads of state witnessed the signing of bilateral cooperation documents in areas including Belt and Road cooperation, the implementation of the Global Development Initiative, economic development, the application of the BeiDou Navigation Satellite System, peanut exports to China, and news media.
The two sides released a joint statement on establishing the comprehensive strategic partnership and building a high-level China-Nigeria community with a shared future.
Prior to the talks, Xi held a welcome ceremony for Tinubu at the Great Hall of the People.
President Bola Tinubu was received by the Chinese President, Xi Jinping at the Great Hall of The People in Beijing today. Here are pictures of the event.
First and foremost, I want to extend my heartfelt congratulations to President Bola Tinubu for his unwavering support and belief in actualizing this monumental achievement under his administration. This day belongs to every Nigerian who has dared to dream of a better future. Congratulations to our great nation—today, we all stand a little taller.
Aliko, it feels like just yesterday, but it has been 25 long years since we first set our sights on transforming Nigeria’s energy landscape. I remember vividly when we set up the Blue Star Consortium to acquire stakes in the Kaduna and Port Harcourt refineries—20% for me and 51% for you. We were ready to change the game, but fate had other plans. The government of the day, in an act I can only describe as utterly obnoxious, canceled our stakes and thwarted our vision. But, as always, you refused to be deterred.
You never gave up on the dream we shared. You carried the torch forward, igniting a spark that has today become a roaring flame. And now, 25 years later, here we stand on the precipice of history, with the first fuel shipment from the Dangote Refinery—a feat that is nothing short of miraculous.
While the Kaduna and Port Harcourt refineries have remained dormant, their promise unfulfilled despite billions of dollars spent on so-called turn-around maintenance, you have achieved what many said was impossible. You have beaten all the skeptics, silenced the naysayers, and proved wrong those who doubted your resolve, even those who never wanted this project to succeed.
You have not just built a refinery; you have liberated us from the chains of economic dependence that have held this nation back for far too long. The days of bowing to foreign powers for our fuel needs are over, thanks to your vision and determination. You have dealt a death blow to the so-called local cabals who have fattened themselves for years, feeding off our nation’s economic slavery. These cabals, who have grown rich by keeping Nigeria in a perpetual state of dependence, must now face the reality that their era of easy gains is coming to an end.
I am reminded of the time you revolutionized the cement industry in Nigeria. Ships that once brought in cement turned into rusting relics, scraps of a bygone era. Now, with your refinery in full swing, I foresee a similar fate for fuel imports. The depot owners should take heed—it’s time to dismantle those depots and sell them as scraps while the market is still high. The world has changed, and those who do not adapt will be left behind.
When I ventured into the depot business with Zenon, it was in response to the inefficiencies of the NNPC. Zenon pioneered the diesel business in Nigeria and quickly became the largest in the country, filling the gaps left by our inefficient system. But today, your refinery stands as a beacon of what is possible when one has the audacity to dream and the tenacity to see it through.
Aliko, you have my deepest admiration and respect. Congratulations to you and the entire board, management and staff of Dangote Refinery on this monumental achievement. This is not just a victory for you but for every Nigerian who dares to dream. May this be just the beginning of even greater things to come.
hush15: I am not sure the purpose of this post however I won't be surprised if it's to celebrate mediocrity. This is poor project management at its best. We might it is a celebration of something but consistency and commitment is the beauty of any project. Sticking to the plan as closely as possible supports accountability and integrity. I hope these changes were well documented and the original plans discarded because they are not the plans anymore. Nigeria will set its path on the right track if they show more accountability.
What the hell does my post have to do with the nonsense you wrote??
Lanrelagboi: Seems I am not allowed to upload anymore pictures. I dont know why
Nairaland is currently limiting people's ability to upload pictures. I think it's because of the fellow that has been spamming the forum with pictures in the past few weeks.
It looks like people can only upload a few pictures a day.
Politics › Re: What Taiwo Oyedele Actually Said About VAT by naptu2(op): 6:46am On Sep 04, 2024
