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Nairaland Forum / Nairaland / General / Politics / 30 States Risk Bankruptcy As Lagos, Rivers Set For New VAT Regime (29842 Views)
As 30 States Propose N8 Trillion, Only Lagos, Rivers, Anambra Can Fund Budget / Report Rates 30 States In Nigeria Dirty, 7 Clean / Which States Will Oppose The New VAT Ruling? (2) (3) (4)
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Re: 30 States Risk Bankruptcy As Lagos, Rivers Set For New VAT Regime by adioolayi(m): 11:36am On Sep 10, 2021 |
They should go bankrupt....or put on thinking cap!!! 2 Likes |
Re: 30 States Risk Bankruptcy As Lagos, Rivers Set For New VAT Regime by Ihatemumu: 11:36am On Sep 10, 2021 |
No food for lazy man 1 Like |
Re: 30 States Risk Bankruptcy As Lagos, Rivers Set For New VAT Regime by mfm04622: 11:37am On Sep 10, 2021 |
Fahdiga: Do we have 30 Northern States? Affected states cut across North and South 7 Likes |
Re: 30 States Risk Bankruptcy As Lagos, Rivers Set For New VAT Regime by BKayy: 11:38am On Sep 10, 2021 |
You people really believe Nigerian statistics? If you do then shame on you, you don't use your brain. If we are to go with Nigerian statistics, the states that should have been complaining is SE states but somehow, those the statistics favour, ie those that are population and financial hubs of the country are chewing their tongue. What does that mean? Those statistics have been wrong all these while. You think Ebonyi is broke? Why is the Governor not complaining? This VAT is exposing the fraud in Nigeria. 3 Likes 1 Share |
Re: 30 States Risk Bankruptcy As Lagos, Rivers Set For New VAT Regime by Nobody: 11:39am On Sep 10, 2021 |
Mossadd: You must be a Professor of Uncommon Wisdom! Your head de there. 2 Likes |
Re: 30 States Risk Bankruptcy As Lagos, Rivers Set For New VAT Regime by mrkings84(m): 11:39am On Sep 10, 2021 |
Very good for them.... This WIKE of a man is so dogged. He is giving buhari's led fed government a good of what an opposition should be. WIKE FOR PRESIDENT! |
Re: 30 States Risk Bankruptcy As Lagos, Rivers Set For New VAT Regime by Nobody: 11:39am On Sep 10, 2021 |
Rubbish talk. No more blackmail of viable States like Lagos and others doing the right thing. States that are not viable should merge with others. Simple. It is time to drop our arrogance and recognize our dire situation. Only Nigerians I know who will throw lavish Party while school fees and house rent are pending. Many States should not have been created from other States. They have always been unfeasible vanity project to sate the wasteful ego and megalomania of Nigerians. Every Nigerian would demand their own Island if anyone is foolish enough to indulge them accordingly. From now on, everything should get smaller and leaner to reduce waste and maximise efficiency/productivity. Merging of States should begin. Cut Senators number by a third i.e one Senator per State instead of three. Reduce the number of Federal Reps by at least 70%. Merging of government departments and office etc. Massive support of SMEs (small to medium enterprise) so they can be the main employer of labour in Nigeria, as obtains worldwide, instead of the aberration of our nation where the biggest work force in many States are civil servants reliant on government pay to survive. Same to be implemented at State level. Time we stopped making politics and government money the main business in town. States must adapt or die. As simple as that. We have endured with the feeding bottle approach too long and it has only brought us to this point where our nation is on the verge of collapse. Time to make sacrifices, that cannot be put off for even a day longer, for a brighter future for generations unborn. 12 Likes 1 Share
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Re: 30 States Risk Bankruptcy As Lagos, Rivers Set For New VAT Regime by Jonathan39: 11:41am On Sep 10, 2021 |
There is no negotiation, Every state should fend for itself. DubaiLandLord: 1 Like |
Re: 30 States Risk Bankruptcy As Lagos, Rivers Set For New VAT Regime by OmoManU: 11:42am On Sep 10, 2021 |
Yeye people |
Re: 30 States Risk Bankruptcy As Lagos, Rivers Set For New VAT Regime by joyandfaith: 11:43am On Sep 10, 2021 |
techwaya: They should collapse first. Nobody would ask them to wake up. 1 Like |
Re: 30 States Risk Bankruptcy As Lagos, Rivers Set For New VAT Regime by Nobody: 11:43am On Sep 10, 2021 |
Jonathan39:Is going to affect more than 26 states all over the country negatively. |
Re: 30 States Risk Bankruptcy As Lagos, Rivers Set For New VAT Regime by BKayy: 11:44am On Sep 10, 2021 |
DubaiLandLord:Never. I am not in support. The states should decide how they spend what they made. This will make the other governors work and prove why their states should exist or risk being absorbed by other states that want to. This is like an exam for the state government. This is exactly what their work is not leaching on other states 4 Likes |
Re: 30 States Risk Bankruptcy As Lagos, Rivers Set For New VAT Regime by BKayy: 11:46am On Sep 10, 2021 |
mfm04622:Then why is it only the North that is complaining despite the statistics that put them as the population and economic hub of Nigeria? Incase you have forgotten, Nigerian statistics put North at 75m people 1 Like |
Re: 30 States Risk Bankruptcy As Lagos, Rivers Set For New VAT Regime by joyandfaith: 11:47am On Sep 10, 2021 |
DubaiLandLord: No negotiation, pls. States like River and Lagos need more money for infrastructural development because of pressure on environment due to over population. Let each state government looks inward and be proactive in generating revenue. |
Re: 30 States Risk Bankruptcy As Lagos, Rivers Set For New VAT Regime by Nobody: 11:48am On Sep 10, 2021 |
BKayy:Lol By the time most states in the North and South can't pay salaries, I hope you won't be one of the people screaming to the FG, for them(FG) to bail them(Unviable states) out. I'm also in support of States keeping 100% of there VATs. But, it shouldn't be done in such a hasty way. |
Re: 30 States Risk Bankruptcy As Lagos, Rivers Set For New VAT Regime by Reglad2020: 11:48am On Sep 10, 2021 |
For the majority of the residents of these 30 states it’s a case of “he that is on the ground needs fear no fall. They will be like of what benefit is the vat to us anyway except that it’s enriching some fractions of politicians . Jonathan39: 2 Likes |
Re: 30 States Risk Bankruptcy As Lagos, Rivers Set For New VAT Regime by OBA117(m): 11:48am On Sep 10, 2021 |
cocolacec: The brain of every state governor will be reset by fire by force. |
Re: 30 States Risk Bankruptcy As Lagos, Rivers Set For New VAT Regime by Codes151(m): 11:48am On Sep 10, 2021 |
It's time for oil companies exploiting akwaibom to go back and add to IGR. Restructuring. Thanks woke. |
Re: 30 States Risk Bankruptcy As Lagos, Rivers Set For New VAT Regime by AntagonistKKK(m): 11:49am On Sep 10, 2021 |
Ekakamba: I don't think you're wrong. |
Re: 30 States Risk Bankruptcy As Lagos, Rivers Set For New VAT Regime by SEGLIZ: 11:50am On Sep 10, 2021 |
Mossadd:I'm in support of this, real sense in this. the fellowship in Nigeria needs learn sense by fire by force. DubaiLandLord:let such state collapse and merge or return to its mother state where it was carve out from. the creation of state was for Nigeria to be manageable but the reverse is now our case. mind you those that created many states did for the reasons we are experiencing today (divide and rule). a system where we won't see ourselves as one. 4 Likes 1 Share |
Re: 30 States Risk Bankruptcy As Lagos, Rivers Set For New VAT Regime by Nobody: 11:50am On Sep 10, 2021 |
joyandfaith:I know states like Rivers and Lagos needs more money because of their massive population. That's why I said they will keep 50%-60% of the VATs. They will even partake in the 40% that will be shared equally among the states and FCT. |
Re: 30 States Risk Bankruptcy As Lagos, Rivers Set For New VAT Regime by Jonathan39: 11:51am On Sep 10, 2021 |
And so? Any state that is waiting for another to fees them is joking. It is time to think and be innovative, The painful decision have to made now. DubaiLandLord: |
Re: 30 States Risk Bankruptcy As Lagos, Rivers Set For New VAT Regime by Nobody: 11:52am On Sep 10, 2021 |
Jonathan39:The painful decision have to be made, but not in a hasty way. |
Re: 30 States Risk Bankruptcy As Lagos, Rivers Set For New VAT Regime by BKayy: 11:52am On Sep 10, 2021 |
DubaiLandLord:Then the states shouldn't have existed in the first place. One thing for sure if this VAT work will be reassessment of the Vat statistics. Then you will realise that most states are empty because the statistics will now come from the state directly. 4 Likes 1 Share |
Re: 30 States Risk Bankruptcy As Lagos, Rivers Set For New VAT Regime by BleedTears: 11:52am On Sep 10, 2021 |
Lollittaa:I am not a lagosian, either am I from PH. But na 85-90% for the sake of peace, if not na 95% Anybody when no like am should go and work hard in his state. Some governor just sit down, dey harvest, dey leap where they did not sow. |
Re: 30 States Risk Bankruptcy As Lagos, Rivers Set For New VAT Regime by Freebills12: 11:52am On Sep 10, 2021 |
[/color][quote author=techwaya post=105674437]I said it earlier,this tax formulae will not work some States will just collapse,this is more like resources control. [color=#990000] If some state can't survive, let them be splited into different zones and be added to other state that can survive. By implication what it means is that they were not qualified to be a state in the first place but because of of religious cum social affiliation they were made a state. |
Re: 30 States Risk Bankruptcy As Lagos, Rivers Set For New VAT Regime by mhmsadyq(m): 11:53am On Sep 10, 2021 |
Fahdiga: Are there 30 states inthe north? 1 Like |
Re: 30 States Risk Bankruptcy As Lagos, Rivers Set For New VAT Regime by Nobody: 11:54am On Sep 10, 2021 |
Grayoso:Shikena! |
Re: 30 States Risk Bankruptcy As Lagos, Rivers Set For New VAT Regime by greatiyk4u(m): 11:54am On Sep 10, 2021 |
Ekakamba: You are wrong, this is Wike's 6years in office with that same wise wife, why now? This is a protest against Northern PDP politicians who are sidelining him from scheme of this in the party same with Lagos against Buhari body language Thank God they are waking up now |
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