₦airaland Forum

amakadihot87:
No its not,cos kids are very intelligent........that baby will mimick you one day

And so? Is the son supposed to be gay?

Preshy561:
You hit your wife?
Smh.

Yes, for abusing his son. Deal with that!

No issue there. At least he won't get an erection

Great innovation. Keep it peaceful and easy.


Last last who win go chop billions legitimately. Even their pension is in billions

azraeljaheel:
You find it hard to comprehend, and I no blame you most times when buhari frustration gets to me I tend to lose my sense of comprehension ....



When they pay you to vote for their party what does that mean

Your vote is not your soul. Some are planning to vote for a brain dead human being. Others for an alleged corrupt dude. Some DO NOT know who to vote for.

You see that last category? Those are the ones you need to convince to vote for you. Yes, you lobby them the way congressmen are lobbied all over the world to agree with an energy company's proposal. That doesn't mean the proposal is fishy.

It's only wrong when you're subverting justice. In this case, no one is subverting justice because they reserve the right to choose whoever they want to choose irrespective of their source of motivation.


So your vote is NOT your soul. You're bigger than a stupid political event. That's an insult to your soul


It's as stupid as saying someone is selling his soul by using glo instead of MTN he was using before, just because glo gave him 1k to use their network

azraeljaheel:
Selling your souls for the paper



Afonjas and soul selling na like bread and butter

So your vote is now your soul?

Nawa o .

Nice. Keep it peaceful

EdoBozz:
He said distractive, not attractive and I do understand what he means by that. If you are the kind of guy that can't keep your eyes and cucumber of ladies, then na you go kill yourself by your self. A lot of girls you can easily get down with both hustlers and normal good daddies girls. As for married women matter, I only did that once because the lady said she was no longer with her husband and he had married another woman. Very beautiful sweet hajia with two young kids, but however I just couldn't continue with the thought of what if she was lying to me and she still has her husband, an aboki for that matter, na slaughter the man fit slaughter me ooo. So anything married women matter be it divorce or widow I no do again.

Oh, I see.

I can't see any land available for sale in the sun city estate tho. But the lands around the estate are relatively cheap.

You know of other estates as good as that in Abj?

Pentools:
Baba na that side my estate dey ooo, and I dey suspect Sunnyvale, Suncity, Northern estate and Kabusa garden, more especially Kabusa garden and Sunnyvale estate since u said some part is still developing.

Those areas are one of the most distractive areas in Abuja. Just play safe tho, STIs or marine spirits no sabi wetin be ajibo ooo.

Cheers!

Most attractive area in Abuja?

Abeg shed more light on this part?

amakadihot87:
..........if a gal no wan get belle she no go get,if you like carry bucket of cum pour for her vag

You just wish you have superpowers. That's okay

What if that girl you sleep with is your wife?

Otondo! Test every theory properly before insulting your father's wife/baby mama. SMH

Nice one. No dulling at all.

If na me I for just dey cum inside her on a regular since two of us be ghost. Just give am Belle and change direction

Even the chart there is clearly at over 350

marvin906:
Yes once.
My ex gf back when I was in school sha if I remember clearly there was one fake gold hand chain I got from someone it was sentimental to me..madam came to my side she said she liked the chain I told her I can't because it was sentimental she nor gree after much begging I gave up I pulled it and gave it to her when she saw that it wasn't real gold instead of the mo.ron to just give me back jejely she threw it away in the ground..now am a person that hardly ever gets angry she knows that even if you insult me from now till December I really don't send.. but that moment well I controlled myself told her to get up from the bed and pick it up she nor gree na there I dash person pikin slap told her to pick it up she nor gree another slap she wanted to run outta my room I drag her back locked the door and continue..
Long story that night her elder sister called me and asked why her sister came home crying with blood in her mouth I explained and promised never to do it again

My nigga. Kudos!

No time for nonsense

itodojr:
Little wonder we seldom see 2baba living a flashy life

Then you don't know him. You've seen his Lekki mansion and cars?

Secure the money and you can ball forever. Most folks never secure the money. They just ball as the money comes. Why? Securing the money is a skill of its own which demands a lot

MistaCode:
made sense, but Oga no take the advice self buying cars like clothes

Nothing financially bad in buying cars like clothes if you've secured your financial future

sureheaven:
Spending too much on what? On women I guessed.

Tuface has learnt the most bitter experience from his own life which is not good.

Invest your money and wealth in good things not women, they're evil mostly.

Read the post. Flashy cars.

I wish someone will tell Wizkid and co that

Get an advance cheque before doing business with government. This is 21st century you fūcking mõrons!

How is that even possible?

These guys literarily work hand in hand with NNPC.

How hard is it to deduct taxes and royalties directly from their earnings? These people are not that stupid.

The last time I checked agreement can be reached with banks to automatically deduct and remit taxes.

Believe this at your own peril

Play on words. Story in a music. New generation play on sound. Art in music. If you don't get it, stick to Chioma Chukwuka and Akanchawa music, abeg. LMAO

That Gucci gang touch billboard last year.

That's basically what a pothead called Burna is using on Nigerians these days. Hehehehe

You're a PA. That's the job title. My PA MUST be able to drive because we might be doing some runs from time to time. He's not my driver. Your PA is literarily your right hand man. If he can't drive, you're stupid to hire him. His main job is to assist in my office work which includes tidying up documents.

50k (600k a year) is good for that for a start

They remit 58% of domestic crude sale and you're crying. Yet you want NNPC to be fully commercialized and capitalised, and just pay taxes and royalties to government.

You think you'll get more than 50% from NNPC if you do that?

NNPC literarily runs itself as it's now.

The thing is that NNPC pays multinational wages and benefits, which is quite stupid. Imagine if all Nigerians demand for multinational wages

ItzBIM:
OMG just watch the video even Kadaria thought he said he was increasing tax, but he corrected her immediately.

You Nigerians are just mysterious in ur way of thinking, imaging putting words in someone’s mouth.

Your first paragraph is why I told you he's playing young people. He has enough sense to keep his cards close.


By the time he sees the reality of what's on ground vs what's in his head, that's when you'll know that he's as ignorant as Buhari was in 2015.

ItzBIM:
He is not raising tax...he is increasing the collection rate. Companies that collect tax from the workers but don’t pay the federal government.

That's a lie. Take that to the bank!

You guys are being played. Tax collection rate was not what he was referring to as being at 6%. That's at best a handful of companies. How many companies do we have in Nigeria that deduct taxes that we're talking about tax collection rate?

His plan is to increase tax but he has enough sense not to say it.

idid:
Your budget is around $35 billion per year.. Do you know how much it was during Shagari in the 1970's?.. about the same amount with inflationary adjustment.

So nothing has changed in Nigeria and they are still stealing the rest of it. Our annual budget is nothing, you go and check what other countries in Africa have.

So, forget your 2018-2019 budget, any serious government will seek to double it and that is what will effectively happen with Sowore in government. And what is laughable about $1.8 billion extra if you double your annual budget, do more tax collection, improve efficiency and enhance production across all spheres.

And don't forget that when you increase your wage bill, you can improve the performance and output of your workforce as well. It is not an impossibility as you people have been conditioned to think. And who do you think was in charge of designing his policies?

Carpenters?

Stop comparing Nigeria of the 90s to today's Nigeria. Our exchange rate was absolutely outstanding then. We basically just left Britain so the Naira and Pounds were "good friends". 1000 naira note and death of coins and 5 Naira set Nigeria up for failure.


No, Sowore needs about $8b extra to add that increment of the 100k a month minimum wage to our 2019 budget. That's times 4.4 of what he told you guys was needed.


That guy has no clue what he's postulating to Nigerians. No ooffence to him at all, he WILL send Nigeria to the gallows. Salaries all over the world are never multiplied by outrageous factors because that's fundamentally suicidal

idid:
Sir,

I sense an attempt to discredit Sowore.

Tax collection is not 24% currently, I just did a fact check and it is 6% and the poorest in Africa. So, Sowore is right afterall.

Look at this financial report link below..

https://guardian.ng/business-services/nigerias-tax-gdp-ratio-remains-one-of-the-poorest-in-africa/

You have also confused increasing collection with tax increment. He has not proposed increasing taxes at all, but to improve collection to an effective rate of 17 to 20 percent. Even if we achieve 12 percent, that money can take our people out of poverty.

And no sir if you give more purchasing power to people by increase your minimum wage.. and at the same time increase the quality of your local tourism, education and healthcare.

The middle class will start patronizing the local tourism industry, people will go to Obudu cattle ranch and so on.. ..they will not look for healthcare abroad and will not send their kids to school in Togo, Ghana or London.

That is how to eliminate poverty and that is modern economics..

Tax to GDP ratio is not tax collection rate. What's 6% is our tax to GDP ratio. It's the percentage of the GDP that's from taxes. Meaning only 6% of our GDP comes from taxes. The rest are from other sources like oil, mining, etc.

((Total tax divided by GDP))multiplied by 100).

That's the formula. To increase that figure, either the GDP goes down or the tax collected in a year goes up (while the other stays constant or doesn't change in the reverse direction as much as the other did). To increase tax, you definitely increase the tax rate.

So I see, you don't even understand what he's planning to do.

Also, if you multiply my salary by 5, I will send all my kids to US. I'll buy the latest Benz from US. I'll go to Dubai for vacation every year. The list goes on. Why? I have times 4 as much as I need. I blow that shìt.


Naira will DIE a quick horrible death if that happens. People are using aba made because Gucci ain't cheap compared to how much they earn. The list goes on

It's a vicious cycle of poverty, just that this time, a bread of 300 Naira will become at least 1500 Naira

tomtos88:
Too bad u don't read and don't care to find out before u type... Sowore agenda is all about the people at the bottom, which has been neglected, because of bad condition, they have become unproductive, involve in corruptions and generally neglect for work... This 100k minimum wage is to bridgw the gap between the wide difference of those on minimum wage and those on maximum wage, not everyone going to get a raise. Assume it as a new structure of payment that makes the wage structure more reasonable starting from 100k not multiply by 5 like u saying... With Sowore calculations, he will be needing just about 1.6 billion usd yearly to pay this extra... Are u satisfied now?

Yes, EVERYONE must get an equivalent increase. Else, the guys on 100k now will be on 100k with the minimum wage earner. That would be absolute injustice in the name of fighting for justice.

FG wage bill, about 3 years ago was 65b Naira a month (I stand to be corrected on this). That's 780b Naira a year. Multiply that by 5.5 (It should actually be 5.556. I'm being lenient with figures), that would be 4290b (4.29trillion) Naira in annual wage bill alone if minimum wage goes to 100k

Now, this is getting messier because that's almost our annual budget as a nation. Our wage bill was about less than 20% of the annual budget as at 2016 budget. Just being lenient with figures because the figure was actually less than 15%.

As if that's not crazy enough, our 2019 revenue projection is 6.97 trillion Naira. The budget is 8.8trillion. If you add 4 times the current 18k minimum wage annual wage bill to that budget, that would amount to adding 3.12 trillion (over 8b usd) to it the current budget (total will become over 11trillion Naira)

Sowore thinks he needs 1.8b USD extra? LMAO

That's at least times 4.4 the 1.8b USD extra he's talking about just for the extra needed for the new minimum wage

NB: Our current wage bill is already way beyond 65b naira a month because of promotions and new recruitment. That figure is from around 2016. That worsens the actual figure needed to pay that wage

Acidosis:
You cannot manage what you did not labour or work for.

Define labour/work

Remove sentiments from the definition, please

idid:
Clap for yourself.. Mr Economist!

Your questions show that you guys don't listen at all, you just criticize for nothing on the internet, maybe because you have been conditioned to think that nothing good is possible.

I don't need to explain at all. Sowore has addressed all your question severally and in his town hall meeting on NTA, I put a link below.

Yes, salaries of top cadre civil service workers will also increase but the math means we will only need $1.5 billion dollars more per year to start paying all federal workers the minimum wage. Sowore says he will increase tax collection to 15-20 per cent from mere 7 per cent currently and that will give us over $1.5 billion needed.

He cited a multinational company paying less than 300 million naira when they should be paying over 2 billion naira in tax per year.

You too work the rest out.


https://www.youtube.com/watch?v=SVz1ed2TPnU

Sowore is an ignorant person. That's his problem.
Let me give it to you:

Effective tax rate is currently at about 24%.

If you raise taxes, companies will simply lay it off on her customers in form of price increase. That's basic economics even sowore (the "future" is ignorant of.

External reserve CANNOT be multiplied by 5 (500% increase) within 4 years. This is not ponzi scheme.

What does external reserve have to do with this? Here it's:

If you give everyone times 5 their spending power overnight, importation WILL increase proportionately. Why? Prices of things WITHIN Nigeria will increase as the spending power of the Nigerian worker increases. So everything cancels out and comes back to as they were in terms of price to wage ratio.

So importation will multiply proportionally. Leading to depletion of our reserves by the same factor. Leading to extremely massive trade deficit.

Naira will be at at least 2k to the USD before that year ends.
I can go on and on

idid:
It is your type that we must avoid, your type likes to imprison people and deny them of their rights.
You are the type of Nigerian who employ house boys and house girls up and down without paying them their dues.
If everyone gets an automatic raise, won't that automatically increase per capita GDP? If that happens, won't we alleviate poverty?
Yes, there can be inflation for a short term in case the policy is not well executed, but it can be controlled too in the long term.
And why is it that workers don't deserve 100k but senators in Abuja deserve 14 million per month. Doing what?

Maybe you don't understand the mathematics. Let me help you:

Minimum wage now is 18k.
There are entry level staff in FG payroll on 50k. There are others on 60k. There are others on 80k. There are others on 100k.

Okay, minimum wage goes up directly to 100k from 18k.
That means that minimum wage has been MULTIPLIED by a factor of AT LEAST 5.
100k being the NEW MINIMUM wage, FG can't pay anyone on her payroll LESS THAN 100k.

From the second paragraph, there are AT LEAST 4 categories of person whose wages are below the NEW MMINIMUM wage. They MUST get a just and equivalent raise to match the minimum wage.

Okay, minimum wage was increased by a factor of AT LEAST 5. That means as you're multiplying the 18k guys salary by at least a factor of 5, you MUST multiply the 50k guy's pay by at least a factor of 5 (his new pay will be above 250k a month). You MUST multiply the 60k guy's pay by at least a factor of 5 (his new pay will be above 300k per month)... Until you get to the guy earning 1m. You MUST multiply his pay by 5 (his new wage will be above 5m a month)... Etc.

You MUST multiply by a flat rate because as a worker is leaving a salary, there are more qualified people who are on that his new salary. So you MUST multiply their salary by the same factor you multiplied the last guy's own.


I hope you can see the chain of stupidity? Anyone with brain will raise price by at least a factor of 3 (just being lenient) because those who just got times 5 their former salary without ppromotion don't work harder than them.


Imagine it and you'll see a horror movie

The money is NOT the problem. The stupidity is the problem. Naira WILL become VERY VERY VERY USELESS if you do that

I know some really maligned and easily swayed folks believed he would set minimum wage at that.

That alone was enough reason to avoid him because he's simply pressing people's mumu buttons while claiming to be the future. If you pay 100k minimum wage and the SSCE holder gets 100k, your brain should tell you that you MUST multiply the HND guy's pay by the same factor. In fact, everyone will get an automatic exponential raise ELSE the guy who was on 100k before will be on the same pay with the minimum wage earner. Of course, that's dumb.

Wages are raised gradually. That's common sense. If not, na Venezuela you go turn to soon. SMH