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Osyxcel's Posts

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EducationRe: UNIMAID Teaching Hospital Spends ₦67 Million On Diesel Monthly - CMD by Osyxcel(m): 7:56pm On Jul 24, 2022
peacevilla:
This is really possible. Most people doubt this figure because they are not in such a system. I m working in an environment where we're using 1900 to 2100 liters of diesel in 24hrs if there is no supply from PHCN. Same way big hospitals like university teaching hospitals need 24/7 light as well. Imagine if there is no light for almost a whole month and they're running big diesel generators. In fact, I don't doubt it considering the diesel price now, though there may be an element of stealing which is everywhere even when the diesel was cheap. May God help us in this country. Things are really bad.
A lot of people are ignorant because they do not have experience with such systems.
EducationRe: UNIMAID Teaching Hospital Spends ₦67 Million On Diesel Monthly - CMD by Osyxcel(m): 7:55pm On Jul 24, 2022
The truth is that while there may be some elements of corruption in the report, actual cost spent on diesel may not be far from what was stated.

Teaching hospitals are usually very big and depending on the capacity, and quantities of generators being used, load requirements, as well as the number of hours the gens are being run for, the hospital may be using tens/hundreds of litres of diesel on hourly basis.

Diesel is averagely #800-850 per litre, so if the University runs on gen upwards of 20hrs, they may be spending an equivalent of #1.2-1.5m or even #2m on a daily basis.
EducationRe: UNIMAID Teaching Hospital Spends ₦67 Million On Diesel Monthly - CMD by Osyxcel(m): 7:45pm On Jul 24, 2022
emmaak2:
100 litres each on each generator will run 24hrs
500 litres daily
500"800= 400,000
400,000*32=12million monthly
So average of 7-12 mill bro
100 ltrs for a generator for 24 hrs?

Are we talking about 15 or 20kva generator here?
PhonesRe: The Xiaomi Thread. by Osyxcel(m): 12:32pm On Jun 21, 2022
pat077:
is oraimo a good one? Thinking of getting the 20000mah, don't know if it will charge my note 10 well
If you get the original one, you're good. It's also better to get the one with fast charging.
BusinessRe: Facts About Dud Cheque by Osyxcel(m): 10:04am On Jun 04, 2022
kelechiodo:
Pls someone issued me a cheque in a hurry without opening it and the bank bounced it. I've been calling him to open the cheque but he refused. Can I take him to efcc on the basis of dud cheque.
This matter has lingered for 3 years. Unfortunately I'm no longer staying in the same town with him.
The cheque must have been stale by now, if not, I would have said you should pay it into your account (may have to go through clearing).
RomanceRe: My Girlfriend Wants Part Of My Allowee by Osyxcel(m): 5:03pm On May 07, 2022
Ezendimmuo:
Good day guys...
I am a Corper serving in Rivers state...
My girlfriend has been asking me when we would get paid as of last month...
Well
We got paid on Thursday..
She was asking me when I was going to give her her share...
Mind you..
This Rivers state government doesn't pay corpers..
Even my PPA doesn't pay...
I have to manage 33k in a strange land...which I why I actually ventured into side hustles...
Just this week alone...
I have sent her like 3k...
She became upset when I told her we'll discuss how much I'd give her later...
She said she didn't wanna talk tor and started giving me cold answers...
I respectfully hung up..

Am I selfishhuh
No! You're not selfish. But if you think you are, then you're foolish.
European Football (EPL, UEFA, La Liga)Re: Chelsea Vs Wolves (2 - 2) On 7th May 2022 by Osyxcel(m): 4:57pm On May 07, 2022
This draw is on Werner, Havertz and Tuchel... angry
European Football (EPL, UEFA, La Liga)Re: Chelsea Vs Wolves (2 - 2) On 7th May 2022 by Osyxcel(m): 4:56pm On May 07, 2022
Wolves really deserve the draw.
European Football (EPL, UEFA, La Liga)Re: Chelsea Vs Wolves (2 - 2) On 7th May 2022 by Osyxcel(m): 4:48pm On May 07, 2022
Edoblakky:
So Tuchel makes a change and it's Sarr of all people
I think it's because that left side has completely collapsed. Saul is not effective there.
European Football (EPL, UEFA, La Liga)Re: Chelsea Vs Wolves (2 - 2) On 7th May 2022 by Osyxcel(m): 4:45pm On May 07, 2022
Sarr??
European Football (EPL, UEFA, La Liga)Re: Chelsea Vs Wolves (2 - 2) On 7th May 2022 by Osyxcel(m): 4:41pm On May 07, 2022
Tuchel needs to bring in Mount now.
European Football (EPL, UEFA, La Liga)Re: Chelsea Vs Wolves (2 - 2) On 7th May 2022 by Osyxcel(m): 4:23pm On May 07, 2022
kingyakos:
Ogbonor mix
Chelsea don serve you with garri grin
European Football (EPL, UEFA, La Liga)Re: Chelsea Vs Wolves (2 - 2) On 7th May 2022 by Osyxcel(m): 4:17pm On May 07, 2022
Lukakuuuuuuuuu! Goal! It's 2-nil!
European Football (EPL, UEFA, La Liga)Re: Chelsea Vs Wolves (2 - 2) On 7th May 2022 by Osyxcel(m): 4:16pm On May 07, 2022
Werner is a mad man angry
European Football (EPL, UEFA, La Liga)Re: Chelsea Vs Wolves (2 - 2) On 7th May 2022 by Osyxcel(m): 3:52pm On May 07, 2022
kingyakos:
Chelsea don chop ogbonor
No be Ogbonnor, na Okro undecided
European Football (EPL, UEFA, La Liga)Re: Chelsea Vs Wolves (2 - 2) On 7th May 2022 by Osyxcel(m): 3:18pm On May 07, 2022
Chelsea will win 3-1.
European Football (EPL, UEFA, La Liga)Re: Chelsea Vs Wolves (2 - 2) On 7th May 2022 by Osyxcel(m): 3:16pm On May 07, 2022
Tb222:
Chelsea I'll dominate possession as usual , play well in the first half, loose lot of chances, get back in the second half concede a silly goal, try to equalize but I'll fail, wolves takes the three points, this I have seen.
You're seeing rubbish! Walahi! undecided
PhonesRe: The Xiaomi Thread. by Osyxcel(m): 8:54pm On Apr 30, 2022
tellsblinks:
This May made my REDMI NOTE 7 4 years old.

You guys should join me and celebrate... Honestly I still think Rn7 is the best phone Xiaomi ever produced. In price and in spec
3 years you mean?
PoliticsRe: Oshiomhole To Declare For President Today (Photo) by Osyxcel(m): 8:18am On Apr 29, 2022
Taja teran just dey declare. All of them wan cash out. grin
CelebritiesRe: Chinedu Nwadike Dies In Abuja Hospital by Osyxcel(m): 9:24pm On Mar 27, 2022
PossibleG:
someone just told me this , the thief on the right hand side of Jesus Christ when he was crucified. For clarification read Luke 23 and Mathew 27.
Well, the thief showed genuine repentance and Jesus decided to have compassion on him.
CelebritiesRe: Chinedu Nwadike Dies In Abuja Hospital by Osyxcel(m): 9:03pm On Mar 27, 2022
PossibleG:
Rest on …..now my question is when people are on sick bed deep down in your mind u know it’s a 50/50 chance you might make it you might not ,so my question is when u give ur life to Christ due to the fact that your in sick bed and you don’t want to make hell …are you truly going to make heaven giving the situation that you gave your life to Christ due to the fact that your on sick bed ??
God may not answer. Proverbs 1: 24-28

However, God is a merciful God (Exodus 33:19), but it is His sole prerogative, it is not automatic.
European Football (EPL, UEFA, La Liga)Re: UEFA Champions League 2021/2022 Quarter Final Draw @ 12:00 PM by Osyxcel(m): 12:20pm On Mar 18, 2022
Chelsea will qualify again.
CareerRe: How Is Paye Calculated For Someone Working Overtime by Osyxcel(m): 12:44pm On Mar 13, 2022
TheDemola:
How is this adjustment made?
In my opinion, the best way to approach this is to add a percentage (not too high or low) of the overtime earned monthly to the monthly tax payments. Then towards the end of the year, say Nov/Dec, the gross emolument (i.e salary, allowances, bonuses & overtime) received till date should then be recalculated. The tax should be calculated based on the new information and adjustments should be made.

The adjustment could be to increase or reduce the tax to be paid in Nov/Dec.
CareerRe: How Is Paye Calculated For Someone Working Overtime by Osyxcel(m): 5:41pm On Mar 12, 2022
TheDemola:
This is done on the gross and per year, but in the case of you working overtime and it's monthly thing and the overtime rate/payment differ, how is the tax arrived at?
In my opinion, the best way to approach this is to add a percentage (not too high or low) of the overtime earned monthly to the monthly tax payments. Then towards the end of the year, say Nov/Dec, the gross emolument received till date should then be recalculated and adjustments made.

The adjustment could be to increase or reduce the tax to be paid in Nov/Dec.
CareerRe: How Is Paye Calculated For Someone Working Overtime by Osyxcel(m): 5:06pm On Mar 12, 2022
makkosky:
The company can decide to separate payroll schedule for other bonus schedules ( performance bonus, over time bonus, Ex gratia bonus, compassionate allowance, out of station allowance etc)... Their is no section of the 2011 PIT act (As amended) that stipulate that all income of employee with be added back to payroll and tax will be calculated on it.

What if the payroll circle is different from the over time circle....

Moreover, on tax Audit, either LIRS or other SBIRS, these people focus more on

1. Directors Paye or DA
2. Paye payment Date
3. Paye computation
4. Business premises
5. Withholding tax schedules (invoices or petty cash)


Most don't even ask if there are OVT or related. Allowances.
Well, according to 2011 PITA (as amendmend), all salaries, bonuses and BIKs are treated as gross emolument.

You're right that the SBIRs don't focus much on some things. It just because our tax systems are not fully effective.
CareerRe: How Is Paye Calculated For Someone Working Overtime by Osyxcel(m): 4:43pm On Mar 12, 2022
makkosky:
Hi,

Two things,

1. If the overtime is added to your monthly gross salary, it will be tax via Paye tax computation.

2. If the overtime is separately treated as a separate payment, it can pass through

a. A withholding tax calculation of 5% based on contract of service (employee or business name) and

b. Minimum tax of 1% if the over time is not higher than the current minimum wage...
Well, when is time for review by tax authorities, all income will be added as gross income and the tax table will be applied after considering reliefs.

After arriving at the tax payable, all payment will be taken into account and the balance will be paid (with interest and penalty where applicable).
CareerRe: How Is Paye Calculated For Someone Working Overtime by Osyxcel(m): 4:40pm On Mar 12, 2022
Rubyjade:
cheesy
My post a few years ago. In light of the recent amendment, an adjustment needs to be made.

Let me quickly do that.
CareerRe: How Is Paye Calculated For Someone Working Overtime by Osyxcel(m): 4:29pm On Mar 12, 2022
Overtime is part of your gross income. PAYE is then calculated on your gross income.

Where you don't know the amount you'll earn on overtime and your tax rate is based on your salary alone, adjustments will be made before the end of the year, probably the last month in the year before submitting returns the following year.
BusinessRe: Oil Soars Past $100 After Russia Orders Troops Into Ukraine by Osyxcel(m): 6:32am On Feb 24, 2022
hekola:
Nigeria should take advantage of this, this is like a blessing a disguise
For where? It's just an opportunity for Nigerian politicians and elites to steal more oil money.
HealthRe: I Have Been Noticing Strange Marks On My Body Recently Anytime I Wake Up by Osyxcel(m):
OP. This could be Dermatographism, which is nothing serious and could be as a result of stress, heat, cold or allergy.

You have them because of the pressure of your bed/bedsheet against your body.

To know if it's Dermatographism, you can try writing something on your arm with a pen (not sharp) so you don't cut yourself. Within minutes, you see raised lines on that part you wrote on.
European Football (EPL, UEFA, La Liga)Re: Tuchel Drops Lukaku For Liverpool Game by Osyxcel(m): 5:10pm On Jan 02, 2022
I'm sure Inter now knows he's a snake. lipsrsealed

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