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Christianity Etc › Re: Churches And Mosques To Pay Tax In Lagos; Land Use Charge To Be Reviewed by OBAGADAFFI: 12:48pm On Dec 29, 2017

MrMcJay:
Mention them and give specific instances.

I'm waiting

http://www.cityofdavidng.org/Resources/Interactive/Blog/ID/74/2014-Kirikiri-Maximum-Prison-End-of-Year-Service-Official-Commissioning-of-40-Solar-Street-Lights-by-Pastor-EA-Adeboye

https://www.thisdaylive.com/index.php/2016/05/08/from-crack-house-to-gods-house/

https://www.medicalworldnigeria.com/2017/06/charis-church-ngo-donate-medical-equipment-to-adeoyo-hospital-others#.WkYsM2inHMU

www.rccghabitationofhope.org/about-us/

Christianity Etc › Re: Churches And Mosques To Pay Tax In Lagos; Land Use Charge To Be Reviewed by OBAGADAFFI: 12:40pm On Dec 29, 2017

MrMcJay:
Stop telling lies. You're a Christian and that is very bad.

The USAID is the number 1 aid agency in Nigeria. Followed by the UK DFID. Others like the Norwegian Council and others follow.

Nigerian churches (mine inclusive) don't engage in acts of charity. Let's say the truth even if it's not convenient.

That is a lie,

Are you saying Hospital Outreach, Motherless Babies outreaches, School outreach, Prison Outreaches e.t.c done by Churches are not Charity?

Christianity Etc › Re: Churches And Mosques To Pay Tax In Lagos; Land Use Charge To Be Reviewed by OBAGADAFFI: 12:33pm On Dec 29, 2017

FOLYKAZE:
Please I need some clarification.

If Nigerian churches make money and pay salaries, why shouldn't the organization as a whole not taxed based on their revenue?

The common ground here is that they earb money.

State can only collect PAYEE and most Churches (Pastors and Worker) pay their PAYEE to the state government.

For Limited Liability companies owned by churches, they pay corporate tax to FIRS.

But donation and offering giving to Churches are classified as Charity., they wont be taxed.

Education › Re: 27 Months Salary Arrears: Osun Tertiary Institutions Embark On Industrial Action by OBAGADAFFI: 12:12pm On Dec 29, 2017

LOL,

BMC crew should come and save LionDeLeo grin

But Aragbe no try at all.

Osun debt profile is put at N179 billion by the NBS.

That small state.....

Politics › Re: Osinbajo: NNPC — Not FG — Bearing Cost Of Subsidy by OBAGADAFFI: 1:01pm On Dec 27, 2017*

AZeD1:
Too many people here don't understand what is going on so I'll try and break it down.

1) As at today, only the NNPC is importing PMS.
2) The landing cost is 171 but it's sold 145
3) Due to 2 above, it means the cost of PMS is subsidized.
4) Based on the VP's statement, lots of people think the NNPC/FG is paying money ala GEJ's time but this is wrong.
5) The subsidy the VP is talking about is NNPC running at a loss. The NNPC is not paying money to any marketer right now. This might change in the near future but not as at today.

1. Who imports diesel and Kerosene

2. How did the NNPC arrive at the figure 171

3. If PMS is subsidized, is Kerosene subsidized?

4. If the FG /NNPC is not paying money, what are they paying to bring fuel into the country and at what cost

5. Can we see the profit and loss statement of the NNPC? huh

Note: the NNPC is not supposed to pay any money to Marketers since marketers don't import fuel.

1 Like

Politics › Re: Osinbajo: NNPC — Not FG — Bearing Cost Of Subsidy by OBAGADAFFI: 12:49pm On Dec 27, 2017

hegelian:
dont mind the guy..no agency or MDA can spend without express permission by the senate.. which was why the then minister of Aviation was criticised fro buying cars that was not captured in their budget or appropriated for....
when its convinient for us we blame the govt and when we like the govt we blame the agency and exonorate the fg....

Some of them dont even know what they are talking about.

They just repeat lies told them by the spin doctors.

2 Likes

Politics › Re: Osinbajo: NNPC — Not FG — Bearing Cost Of Subsidy by OBAGADAFFI: 12:46pm On Dec 27, 2017

AZeD1:
Why are there 3 defendants not two if the owner and the company are the same?

Have you ever registered a company before?

Just asking.

You cannot sue a company without the signatories .

Politics › Re: Osinbajo: NNPC — Not FG — Bearing Cost Of Subsidy by OBAGADAFFI: 12:26pm On Dec 27, 2017

AZeD1:
Innoson motors wasn't accused, Chukwuma Innoson was the one accused.
If you don't understand the concept of Legal entities, I can't help you.

At times you need to keep quiet about issue beyond you.

2 Likes

Politics › Re: Osinbajo: NNPC — Not FG — Bearing Cost Of Subsidy by OBAGADAFFI: 12:24pm On Dec 27, 2017

AZeD1:
This part here is what I have been trying to tell you.
Do you know why they can flout the law, because they make money unlike non revenue generating agencies that need money to be given to them.

I am not arguing for the legality of what the agency are doing, I am saying when the VP says that NNPC not the FG is paying for the subsidy, he knows what he is saying.

NNPC is not the only agency making money.

FIRS and Customs bring in Trillions every year.

Note: Every spending by the NNPC must be approved by the FG, including Joint venture agreements.

1 Like

Politics › Re: Osinbajo: NNPC — Not FG — Bearing Cost Of Subsidy by OBAGADAFFI: 12:06pm On Dec 27, 2017

https://www.premiumtimesng.com/news/231610-budget-osinbajo-responds-to-senate-ultimatum-directs-nnpc-others-to-comply.html

The acting president, Yemi Osinbajo, has issued an executive order outlining the timeline and procedure for government offices to submit their yearly budgets, less than two days after the Senate demanded offices comply with the relevant fiscal law within two weeks.

The Senate had on Wednesday asked Mr. Osinbajo to ensure the submission of the budgets of 31 government establishments, including the Nigerian National Petroleum Corporation and the Nigerian Ports Authority.

Section 21 of the Fiscal Responsibility Act demands that proposed revenue and expenditure of the mostly 31 revenue-generating and state-owned companies be submitted to their supervisory ministers not later than end of August of each financial year.

Lawmakers have for years accused powerful agencies like the state oil firm, NNPC, of non-compliance.

The Senate said the executive had breached the law “year in year out”, and issued a two-week ultimatum for compliance.

2 Likes

Politics › Re: Osinbajo: NNPC — Not FG — Bearing Cost Of Subsidy by OBAGADAFFI: 12:01pm On Dec 27, 2017

AZeD1:
Has the Budget for NNPC bring passed for this year?

You need to understand how revenue generating agencies work in Nigeria.

Is the FIRS no longer revenue generating agencies?

By logic if revenue generating agencies don't get allocations.

Why is the FIRS getting budget allocations.

Why is President Buhari including NNPC in the Yearly Budget Proposal?

Politics › Re: Osinbajo: NNPC — Not FG — Bearing Cost Of Subsidy by OBAGADAFFI: 11:48am On Dec 27, 2017

kaystick86:
What's the difference between NNPC and FG. Pastor Osinbajo stop covering up for this people

Don't mind those liars

Politics › Re: Osinbajo: NNPC — Not FG — Bearing Cost Of Subsidy by OBAGADAFFI: 11:46am On Dec 27, 2017

AZeD1:
Revenue generating agencies don't get an allocation, they generate their own money. If you don't understand this, then you can't understand what the VP is saying.

Have you ever seen the budget for NNPC or CBN?

LOL,

You mean FIRS and Customs dont get allocations?

http://www.pulse.ng/news/local/buhari-president-sends-2016-budgets-of-nan-nnpc-36-others-to-nass-id5282978.html

https://www.businessdayonline.com/senate-passes-n152bn-2017-budget-firs/

Politics › Re: Osinbajo: NNPC — Not FG — Bearing Cost Of Subsidy by OBAGADAFFI: 11:22am On Dec 27, 2017

AZeD1:
If FG and NNPC are the same then the CBN and NNPC are also the same (your logic) right?

Have ever heard of parastatals.

CBN, NNPC, INEC might be independent, but they are still government agencies and not private entities.

All their revenues goes to the Feds through the TSA, they get yearly allocation from the government.

So if NNPC is paying subsidy it means the FG is paying subsidy.

1 Like

Politics › Re: Osinbajo: NNPC — Not FG — Bearing Cost Of Subsidy by OBAGADAFFI: 10:51pm On Dec 26, 2017

AZeD1:
Too many illiterates on this thread. All revenue generating agencies return a percentage to the federation account while they spend the remaining.

If the VP says NNPC is paying for it, then it's coming from their share of revenue generated.

Also the NNPC does crude oil swaps.

If you've worked in a big company, you'd know departments have budgets and they kind of spend it in different ways.

Mr Know all,

Every agencies are supposed to remit all their revenue to the TSA.

54 Likes 6 Shares

Politics › Re: Osinbajo: NNPC — Not FG — Bearing Cost Of Subsidy by OBAGADAFFI: 10:48pm On Dec 26, 2017

“And don’t forget that the way that the NNPC trades is that, in many cases, NNPC is actually giving fuel; there is 445,000 barrels of fuel.

“So really what you are seeing, in many cases, is more or less an exchange for PMS. So at the moment NNPC is paying the cost.”

So how did they arrive at N171, if they are exchange in Fuel for PMS.

23 Likes

Politics › Re: [VIDEO] This Is Personal" Nigeria In Serious Trouble With US Over Jerusalem Vote by OBAGADAFFI: 9:25am On Dec 26, 2017

Foreign Affairs › Re: President Trump Never Said Nigerians Live In Huts - White House Says by OBAGADAFFI: 7:12am On Dec 24, 2017

Politics › Re: Police Announce New Measures To Reform SARS by OBAGADAFFI: 6:07pm On Dec 22, 2017

Why are they wearing bulletproof vest @ the meeting. grin

12 Likes 1 Share

Business › Re: Innoson Vs Gtbank: 40 Key Points From Gtbank's Version Of What Caused Dispute by OBAGADAFFI: 2:29pm On Dec 22, 2017

This is not GTB side of the story.

8. Don't post false information on Nairaland.

2 Likes

Celebrities › Re: Zack Orji Speaks On Tithing & Those Who Condemn Tithing And Pastors (Video) by OBAGADAFFI: 2:37pm On Dec 20, 2017

mrvitalis:
My interpretation ? What did I interpret here ?

Didnt you typed this below.

And as far as the bible is concerned tithing and how to , whom to and when to tithe with is clear in the bible

Deutronomy 14:22-29

If you are not tithing according to this your are not a Christian

Celebrities › Re: Zack Orji Speaks On Tithing & Those Who Condemn Tithing And Pastors (Video) by OBAGADAFFI: 2:17pm On Dec 20, 2017

mrvitalis:
You are funny
As a Christian the bible should be your watch guide

And you should pay tithe according to the bible not your pastor

And as far as the bible is concerned tithing and how to , whom to and when to tithe with is clear in the bible

Deutronomy 14:22-29

If you are not tithing according to this your are not a Christian

That is your own private interpretation, everybody got their own interpretation .

Celebrities › Re: Uzoma Omenka, Majek Fashek's Manager Warning Daddy Freeze (Video) by OBAGADAFFI: 1:07pm On Dec 20, 2017

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 12:26pm On Dec 20, 2017

Ovamboland:
Is someone trading sterling bank with a robot?

LOL,

Same price, same volume, same trade value

grin

Technology Market › Re: California(Los Angeles),pickup services..Online purchase..(Ebay/Amazon,walmart) by OBAGADAFFI: 12:13pm On Dec 20, 2017

rentAcock:
6 New 8 Plus 64GB for sale sealed 190k

Comes with wireless fast charger, car charger, headphones, all new and in wraps.. see pic

23 very clean Samsung Galaxy S7 edge for sale 100k

2 LG V20 for sale 75K

All phones are unlocked!

Comes with box and accessories.

Phones are in Lagos.

Whatsapp link below

https:///send?phone=2348170460305

intresting

Phones › Re: Infinix Zero 5, Price and Specification Discussion Thread by OBAGADAFFI: 7:38am On Dec 20, 2017

BIAFRONIGERIAN:
#102000-150000

For China Phone with no ratings on GSMARENA.

Hell no.

2 Likes

Politics › Re: The Moroccans Are Coming !!! by OBAGADAFFI: 7:52pm On Dec 19, 2017

tsdarkside:
now i remember...its called brics.....russia,india,brasilia and others.....

now i ask you,are those mentioned nations on african soil...??....get it now...??....

You forgot South Africa is part of BRICS.

May South Africa is located in the Middle of nowhere

Politics › Re: The Moroccans Are Coming !!! by OBAGADAFFI: 5:54am On Dec 19, 2017

tsdarkside:
but south africa dont want to be toghether with you.....you disgust them...capish....??...

kiiiikikikikikikiki..... ....you people are sooo funny.... ....

Where did you get the information from?

Don't tell me you are using the schools of few people to justify the rest.

Few Nigerians are suffering in SA the same way they are suffering all-over the continent.

Nigeria is one of SA biggest trading partners, close down all SA companies on Nigerian and see the diplomatic reactions from thier President.

Politics › Re: The Moroccans Are Coming !!! by OBAGADAFFI: 11:07pm On Dec 18, 2017

tsdarkside:
what do you have against that...??...

even middle east is part of africa....

it doesnt matter...we are talking about a economical union....north africa is part of au already.....

I have everything against that.

West Africa is economically better with Southern Africa than the North.

Do you Know how peaceful and prosperous Nigeria will be, if we are not in the same country with the North.

Northern Africa got no economic advantages to the ECOWAS.

Politics › Re: The Moroccans Are Coming !!! by OBAGADAFFI: 10:31pm On Dec 18, 2017

tsdarkside:
when we obey our own laws,then we have nothing to be scared about.....morocco doesnt produce much...somebody said they are more into agriculture and tourism....how can nigeria be scared of that....?

cost of ecowas should be shared...or we can just leave ecowas completly if we are this scared....

scared of competition....ridiculous....

You are very funny.

Do you really know what Regional power means in International relations?

Allowing Morocco into the Ecowas region, is slowly merging West Africa with North Africa.

Taking into consideration that West Africa in relatively peaceful compared to Northern Africa.

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 11:06am On Dec 18, 2017

This is to notify all Participating Institutions that the following disciplinary action(s) have been taken by the NASD OTC Market against erring Participating Institutions in 2017:

Name of Participating Institution Infraction Committed Disciplinary Action Taken 1. Pivot Capital Limited Failure to settle trade executed on the Market within the stipulated time frame in breach of Rule 2( cool

(3)(c) and Rule 2( cool

(6) a. Fine of N824,500.95 (Eight Hundred and Twenty Four Thousand, Five Hundred Naira, Ninety Five kobo) b. Suspension from trading on the NASD OTC Market until payment of fine 2. Bestworth Assets & Trust Limited Misstatement of information in breach of Rule (2)(5)( cool

a. Fine of N900,000 (Nine Hundred Thousand Naira, only) Non-remittance of proceeds at effluxion of trading cycle in breach of Rule 2( cool

(6) 2. Refund of interest on withheld proceeds from sale of shares amounting to N52,908.19 (Fifty Two Thousand, Nine Hundred and Eight Naira, Nineteen kobo, only). 3. Traders Trust & Investment Company Limited Misstatement of information in breach of Rule (2)(5)( cool

Non-remittance of proceeds at effluxion of trading cycle in breach of Rule 2( cool

(6) 1. Fine of N340,000 (Three Hundred and Forty Thousand Naira, only) 2. Refund of interest on withheld proceeds from sale of shares amounting to N19,039.83 (Nineteen Thousand, Thirty Nine Naira, Eighty Three kobo, only).

1 Like

Celebrities › Re: Samklef: "People Attacking Nigerian Pastors Don't Have Sense" by OBAGADAFFI: 10:49pm On Dec 16, 2017

Did anyone here elect Pastors?

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