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Nairaland Forum / Nairaland / General / Politics / FG Generates N496 Billion VAT In Q1’21 — NBS (4127 Views)
FG Eyes N5trn VAT In 2024 / VAT In Nigeria Is Very Low - EU/ECOWAS / NBS: Nigeria Generated ₦424.71 Billion VAT In Q3 (2) (3) (4)
FG Generates N496 Billion VAT In Q1’21 — NBS by DamnnNiggarr: 5:27pm On May 08, 2021 |
FG generates N496 bn VAT in Q1’21 — NBS The National Bureau of Statistics (NBS) said the federal government generated N496.39 billion as Value Added Tax (VAT) in the first quarter of this year (Q1’21). https://www.vanguardngr.com/2021/05/fg-generates-n496-bn-vat-in-q121-nbs/amp/?__twitter_impression=true
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Re: FG Generates N496 Billion VAT In Q1’21 — NBS by DamnnNiggarr: 5:27pm On May 08, 2021 |
Oh boy! But weytin these people dey do with all this money... We keep hearing billions and trillions, But money, we no see Development, that one na rocket science. 15 Likes 1 Share |
Re: FG Generates N496 Billion VAT In Q1’21 — NBS by Akwamkpuruamu: 5:32pm On May 08, 2021 |
And yet we are still mortgaging our future on loans and debts. Voodoo economics and public financial management 4 Likes |
Re: FG Generates N496 Billion VAT In Q1’21 — NBS by janedonez(m): 5:32pm On May 08, 2021 |
Oww |
Re: FG Generates N496 Billion VAT In Q1’21 — NBS by Sunisonflex39(m): 5:33pm On May 08, 2021 |
If them like make them generate their generation.. We all know nothing will come out for the Common man.. they generate all these and yet still borrow.. Tueh Need a side income, visit my signature... You will thank me latte 3 Likes |
Re: FG Generates N496 Billion VAT In Q1’21 — NBS by Kaduna1stson: 5:33pm On May 08, 2021 |
Gumi will be so happy now, half of the money will be used to pay ransom to Fulani. 1 Like |
Re: FG Generates N496 Billion VAT In Q1’21 — NBS by Strongbest(m): 5:33pm On May 08, 2021 |
Good |
Re: FG Generates N496 Billion VAT In Q1’21 — NBS by Sandydayziz(f): 5:33pm On May 08, 2021 |
All for what though? Yeah their pocket? And they’ll still borrow |
Re: FG Generates N496 Billion VAT In Q1’21 — NBS by macdammy(m): 5:33pm On May 08, 2021 |
This is just Funds on VAT. How much more on other income. The most painful thing is that, with all these money, no single development. Instead, we re still indebted to one Asian country. I drop my mic for slawormirr 3 Likes
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Re: FG Generates N496 Billion VAT In Q1’21 — NBS by ictjobber: 5:33pm On May 08, 2021 |
Money for their private pockets |
Re: FG Generates N496 Billion VAT In Q1’21 — NBS by Delph123(m): 5:33pm On May 08, 2021 |
We have a very long way to go in this country |
Re: FG Generates N496 Billion VAT In Q1’21 — NBS by Temptee101(m): 5:34pm On May 08, 2021 |
Breakfast for the cabals. Watch how the money will be looted within one week. |
Re: FG Generates N496 Billion VAT In Q1’21 — NBS by Iyaalakarra(f): 5:34pm On May 08, 2021 |
Very good |
Re: FG Generates N496 Billion VAT In Q1’21 — NBS by Whitecoal711: 5:34pm On May 08, 2021 |
Yet no electricity |
Re: FG Generates N496 Billion VAT In Q1’21 — NBS by Lanre4uonly(m): 5:35pm On May 08, 2021 |
That's good. I do hope the FG would make an effective use of the money realised on VAT. |
Re: FG Generates N496 Billion VAT In Q1’21 — NBS by emmimuta: 5:36pm On May 08, 2021 |
Money generated in Nigeria is huge,.... Pls we need report for money generated from stamp duty and electronic levy for Q1... I know billions of naira will show up |
Re: FG Generates N496 Billion VAT In Q1’21 — NBS by Nobody: 5:37pm On May 08, 2021 |
DamnnNiggarr:Where is the state by state breakdown 1 Like 1 Share |
Re: FG Generates N496 Billion VAT In Q1’21 — NBS by karkel(m): 5:42pm On May 08, 2021 |
Looter aluta continues |
Re: FG Generates N496 Billion VAT In Q1’21 — NBS by TooMuchStuff: 5:42pm On May 08, 2021 |
More crates of Bottled Beer would be destroyed in Kano, bauchi, jigawa and other Fulani terrorists states While they still await their own share of the alcohol induced VAT. Hypocrites 1 Like 1 Share |
Re: FG Generates N496 Billion VAT In Q1’21 — NBS by Nobody: 5:43pm On May 08, 2021 |
cool |
Re: FG Generates N496 Billion VAT In Q1’21 — NBS by Nobody: 5:44pm On May 08, 2021 |
I only need 1 billion naira and my life is changed forever, lol. |
Re: FG Generates N496 Billion VAT In Q1’21 — NBS by money121(m): 5:45pm On May 08, 2021 |
Too much fund |
Re: FG Generates N496 Billion VAT In Q1’21 — NBS by Nobody: 5:45pm On May 08, 2021 |
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Re: FG Generates N496 Billion VAT In Q1’21 — NBS by Umsworld: 5:48pm On May 08, 2021 |
But las las we go still borrow at the end |
Re: FG Generates N496 Billion VAT In Q1’21 — NBS by winterfell007(m): 5:50pm On May 08, 2021 |
All these from Vat alone in the first Quarter? They've not computed Company Income Tax, Personal Income Tax and Tax from Nigeria Ports Authority and Customs. Yet we haven't felt the development. This country is irredeemable. To your tents oh Isreal!! 1 Like |
Re: FG Generates N496 Billion VAT In Q1’21 — NBS by MEGA4BILLION(m): 5:56pm On May 08, 2021 |
Wicked administration still complaining of no money so as to milk the poor masses the more |
Re: FG Generates N496 Billion VAT In Q1’21 — NBS by Omodua(m): 6:15pm On May 08, 2021 |
DamnnNiggarr:Good one! Sizeable tax from alcoholic beverages. This is to be shared amongst the States and local governments. Kano and other Sharia States are included. They would never reject the money on the basis it's liquor money. But hypocritically, would be destroying beer parlours and joints on the basis it's against Islamic religion as espoused in suni/wahabbism doctrines. We are really operating warped federalism where injustices reins supreme. |
Re: FG Generates N496 Billion VAT In Q1’21 — NBS by Joejonah(m): 6:23pm On May 08, 2021 |
If dangote cement is paying 226 million naira daily on VAT. I.e 2.5 billion in 3 months, what's all other manufacturing company paying for us to get only 50 billion? I pity this country... |
Re: FG Generates N496 Billion VAT In Q1’21 — NBS by owobokiri(m): 6:30pm On May 08, 2021 |
Vat, oil and gas sells, oil blocs concessions, port duties, nomads, taxes ..... Yet they can't even pay salaries..? |
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