Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,152,395 members, 7,815,847 topics. Date: Thursday, 02 May 2024 at 07:23 PM |
Nairaland Forum / Nairaland / General / Politics / VAT: Five Northern, Two South-west, Two South-South States Top Beneficiaries (36687 Views)
Multidimensional Poverty: Akwa Ibom, Rivers Lead South-South States - StatiSense / The Day Two South-East Governors Shouted At Each Other / "Two South-East Governors To Join APC" – Okorocha (2) (3) (4)
(1) (2) (3) (4) (5) (6) (7) (8) (Reply) (Go Down)
Re: VAT: Five Northern, Two South-west, Two South-South States Top Beneficiaries by Nobody: 11:34am On Sep 13, 2021 |
KHRIZ565:I can imagine!! Scam in high places |
Re: VAT: Five Northern, Two South-west, Two South-South States Top Beneficiaries by Nobody: 11:39am On Sep 13, 2021 |
Flexherbal: Has your governor paid salaries? Governors get a monthly budget so how much work is your governor doing with the money he gets? Common reps member gets N100m for their constituents so which projects have they done in your local government? |
Re: VAT: Five Northern, Two South-west, Two South-South States Top Beneficiaries by orisa37: 11:40am On Sep 13, 2021 |
That's hooks and crooks Reporting. Information Meaningless. |
Re: VAT: Five Northern, Two South-west, Two South-South States Top Beneficiaries by Ibkhaleel001: 11:41am On Sep 13, 2021 |
If the Niger Delta states & their governments, their drunk mentally lazy bandit governors, their insatiable & unrepentant greedy elders, politicians & militant leaders cornering everything meant for the people had utilized the 6 trillion naira NDDC funds, additional tens of trillions of naira from statutory allocations, 13% derivation allocations, ecological funds, Ministry of Niger Delta funds, royalties & rents etc in the past 20 years to build the economy & infrastructure of Niger Delta, they won't be today shamelessly moving in & out of courts in Nigeria over VAT from beer & Lagos will be nowhere near Delta, Rivers or Akwa Ibom in IGR. Now, they are instigating a VAT war with FG to cover the monumental failure in delivering governance to their people & the mindless terrorism on the people of Niger Delta recently uncovered in NDDC. If we the citizens of Niger Delta are not already doped silly by ignorant primitive contrived emotions these leeches feed us daily, we should by now be asking them questions! We should be telling them to give account of the trillions they collected at least in the past 20 years first before talking about collecting VAT revenue. We should be telling them to implement local government financial autonomy first before demanding for fiscal federalism. We should be telling them to respect & not interfere in the independence of the state houses of assembly & state judiciaries which are the two organs of government empowered by the constitution to check the excesses & misappropriation of resources by the governors if we are to trust their demands for fiscal federalism. But sadly, we are applauding the bandits called state governors & their rapacious elders, politicians & militant leaders accomplices raping us front & back as they lead us by the nose once again as always in another wild goose chase distraction from the real issues of our underdevelopment, stagnation & destitution in the midst of plenty in the Niger Delta. A pathetic shame indeed! 1 Like |
Re: VAT: Five Northern, Two South-west, Two South-South States Top Beneficiaries by FakeUnity: 11:46am On Sep 13, 2021 |
Caseless, Sirjamo and Arrewa the hopeless and lazy abokeys don pick race from thread. |
Re: VAT: Five Northern, Two South-west, Two South-South States Top Beneficiaries by Aidejay(m): 11:47am On Sep 13, 2021 |
southpole:you made a lot of sense. Thanks. |
Re: VAT: Five Northern, Two South-west, Two South-South States Top Beneficiaries by PENNYSWAP: 11:49am On Sep 13, 2021 |
greenie77: if the masses pay tax with their nose , they won’t elect an idiot to waste their hard earned money |
Re: VAT: Five Northern, Two South-west, Two South-South States Top Beneficiaries by orisa37: 11:49am On Sep 13, 2021 |
Vats is Designed to make the States autonomous and enable SEPARATE CONSTITUTIONAL STATES to attract foreign investments and partnerships to boost their IGRs. FG is playing the Bully and the Baboon to reap unconstitutionally where it has not sown. FIRS MISAPPROPRIATING VATS AS IT'S NOW DOING IS UNCONSTITUTIONAL, FRAUDULENT, SHARIA AND SHOULD BE PROSECUTED APPROPRIATELY. |
Re: VAT: Five Northern, Two South-west, Two South-South States Top Beneficiaries by greenie77: 11:52am On Sep 13, 2021 |
PENNYSWAP: Very correct. 1 Like 1 Share |
Re: VAT: Five Northern, Two South-west, Two South-South States Top Beneficiaries by Sirjamo: 11:58am On Sep 13, 2021 |
FakeUnity:You don't know anything |
Re: VAT: Five Northern, Two South-west, Two South-South States Top Beneficiaries by orisa37: 12:07pm On Sep 13, 2021 |
greenie77: COOOOORECT. All the so called Ministers in this Government are FUNAM BANDITS, BOKOHARAMS AND SHARIA CROOKS. THE NASS SHOULD IMPEACH BUHARI NOW OR REAP UNPLEASANT EXPERIENCES. |
Re: VAT: Five Northern, Two South-west, Two South-South States Top Beneficiaries by rotadeco27: 12:10pm On Sep 13, 2021 |
SlyDev:We are living in 2 non homogeneous nations .2018 was the 1st time I drove to the northern part of the country, It was so obvious that immediately I left Makwa ,the journey became so smooth, there was police check point , no customs on the roads , I drove my car I'm keffi for over a 6months with expired papers ( u won't try such nonsense ,even in kwara because of it southern proximity) ,I noted also that many bikes were operating without number plate , in the South u could be arrested from the point of purchase to ur house because of number plate on the very day u bought the bike , alots of many things like that, my passion for division of this country surge up when I came to the north , I'm sure our southern leaders see this but for their greed they won't complain . I was almost certain that a generation will come that will not take that shit ,I think it came earlier than I tot |
Re: VAT: Five Northern, Two South-west, Two South-South States Top Beneficiaries by rotadeco27: 12:16pm On Sep 13, 2021 |
Positivepoint:And so why are the northern state with large population having low VAT. Something is not adding up! Which ever, since it will be to their advantage there is no need to cry over it, they should even embrace it, we don't want their enormous VAT as we can see they have it too much due to their population. |
Re: VAT: Five Northern, Two South-west, Two South-South States Top Beneficiaries by Safyqueen: 12:18pm On Sep 13, 2021 |
tollyboy5: And you think Lagos State and other South West states can exist in isolation without qualms in this country Nigeria? From your statement you are not a nationalist but a tribal or ethnic bigot or warlord. It is because we are together that's why we are called Nigeria and Lagos is what it is as at today. If that name Nigeria ceases to exist in sovereignty, Lagos may exist but not as it is now. Same to entire South West. History is always part of man and will repeat itself if lessons are not learnt. If you cannot analyse this paradox, then no need of discussion with you further. |
Re: VAT: Five Northern, Two South-west, Two South-South States Top Beneficiaries by orisa37: 12:18pm On Sep 13, 2021 |
Sirjamo: Because The so called Ministries are never audited and investigated they just carry on misbehaving like ole.com |
Re: VAT: Five Northern, Two South-west, Two South-South States Top Beneficiaries by rotadeco27: 12:19pm On Sep 13, 2021 |
Positivepoint:It will be better , since north has more population, it will pay them. At least people that drink alcohol will enjoy their risk and money along side. |
Re: VAT: Five Northern, Two South-west, Two South-South States Top Beneficiaries by darfay: 12:23pm On Sep 13, 2021 |
Positivepoint: I said distributor or whoever is next in line in the value chain would charge vat inclusive in the quoted price and I don't know the nature of your business, you might not even know because you're selling at the price the entity commanded your useless ass to sell. The consumer is the one that pays the final vat, you're a bloody idiot if you think being an ordinary distributor and just seeing vat in the manufacturer's quoted price means they're the only 1's collecting it. The vat on the final sales includes all vat charges up to that stage. I can't stoop so low to start explaining to ordinary illiterate like you. You're bloody distributor Asin an wholesaler not their bloody financial advisor! Apart from looking for customers what do you know? You're an incompetent disgrace unfit to discuss on matters that are waaay over your bald headed skull. If you have ever bought anything anything from organized department stores like ShopRite you would c vat in the receipt of manufactured items, how can you as an illiterate that you will forever be say it's manufactures that charge it alone? The only issue would be mechanism for computation of input/output, incremental vat etc for process that occurs across the country. Your ability to reason as a human being is highly questionable. Never u as an illiterate question me again! |
Re: VAT: Five Northern, Two South-west, Two South-South States Top Beneficiaries by rotadeco27: 12:28pm On Sep 13, 2021 |
Positivepoint:Is that not good ? It will make each state to attract investors so the complain will be producing and selling in their States , it will make them eradicate in stead of pampering bandits because it will scare away investors . Many challenges of this country will be settled with restructuring, all this kidnapping and other security challenge will fissile away in no time due to quest for development. Meanwhile, no investors won't want to have their production site In the north due to vast land available and large population that will consume the products! |
Re: VAT: Five Northern, Two South-west, Two South-South States Top Beneficiaries by Wokenaija: 12:28pm On Sep 13, 2021 |
It’s becoming obvious why they want 1 Nigeria ! |
Re: VAT: Five Northern, Two South-west, Two South-South States Top Beneficiaries by orisa37: 12:33pm On Sep 13, 2021 |
Olunmercy56: BUHARI IS STILL BORROWING TO SPEND FOR MACBAN AND FUNAM AND FOR RIFA-RUGA ISLAMISATION FULANISATION AND ANARCHY POLICY |
Re: VAT: Five Northern, Two South-west, Two South-South States Top Beneficiaries by rotadeco27: 12:36pm On Sep 13, 2021 |
Positivepoint:Let them come and establish their plants in the north na. We are tired of this backwardness induced on other regions by the people who has nothing to offer than killings and other terrible acts |
Re: VAT: Five Northern, Two South-west, Two South-South States Top Beneficiaries by darfay: 12:37pm On Sep 13, 2021 |
nameo: He's an incorrigible fellow 1 Like |
Re: VAT: Five Northern, Two South-west, Two South-South States Top Beneficiaries by Positivepoint(m): 1:12pm On Sep 13, 2021 |
rotadeco27: Since we relly on importation of raw materials, it's only wise for manufacturers to base industries in the South. U r too shallow to understand that it's the location not ur efforts. Big agro industries are coming in the north currently the tide will change sooner than later. |
Re: VAT: Five Northern, Two South-west, Two South-South States Top Beneficiaries by Positivepoint(m): 1:15pm On Sep 13, 2021 |
rotadeco27: Those that are crying don't understand the advantage. But majority do |
Re: VAT: Five Northern, Two South-west, Two South-South States Top Beneficiaries by darfay: 1:18pm On Sep 13, 2021 |
Positivepoint: The bolded are ramblings of a gross,incorrigible and unrepentant illiterate with perpetual affinity to mental illness. Positivepoint, it's good to hide your head in shame but at least take time out to gather information about things outside your jurisdiction before speaking and questioning the competence of those who are more aware than you'll ever be! Everyone has told you that you don't know what you're saying but you're incorrigible. You're more stubborn than the proverbial goat. You have no rights to question a chartered accountant, if them give you raw data, you fit compute vat? Have you ever attended a tax audit meeting before? Chai chai. I blame the internet for this Now look up you brainless fellow. If the rate of Vat is 10% and an item cost #10, the consumer pays #1 as vat which have taken the following processes below
|
Re: VAT: Five Northern, Two South-west, Two South-South States Top Beneficiaries by UnabashedIPOB: 2:10pm On Sep 13, 2021 |
Each state should be allowed to collect and keep their own VAT. If any state can't generate enough revenue to sustain itself, then it does not deserve to be a state. You can't be claiming that you got so much power due to your population and can elect anyone you so choose as a president but yet, that same population is as useless and worthless as tissue paper when it comes to creating revenue for your state. That does not make any sense and civilized people should NOT allow this to continue. You want to act and talk tough, then tough it out on your own and do NOT rely on others to pay for your profligacy. People, especially southerners should wake up and smell the coffee and not let these FULANI parasites to be feeding off of them! |
Re: VAT: Five Northern, Two South-west, Two South-South States Top Beneficiaries by eas01: 3:11pm On Sep 13, 2021 |
Ibkhaleel001: I am gonna address your numerous comments in this reply. First off, you keep talking about the North, the North.... I hope you not including the middle belt in your definition because Benue, Kogi, Kwara, and Plateau are not the north. Even Adamawa and Taraba in the geopolitical NE is not north. The north is the rest of the NE and NW. Aboki territory. Also you talk about population of the north been far more than the south. lol. I laugh in Arabic. NE and NW even if you include Taraba and adamawa is still not as populated as the rest of the country. Even if you add the middle belt to the north, yes the population might be higher but it ain't by much. We all know that the NE and NW have inflated fake numbers that don't exist. Secondly, in economic terms the north has always been dependent on the south since almagamation. The British joined the northern and southern protectorate together because the north was in debt and backward so they needed the southern balance of payment to support the north. In the first and second republics, every region produced and contributed to the centre. The south was never dependent on the north. infact, the southern regions were always richer than the north. Today the north is like a parasite on the south and middlebelt. You guys always talk about the north feeding the country. First off the investment money the FG puts into agriculture in the north is gotten from southern resources like oil, manufacturing.. The south invests in your agriculture, you sell to us and we buy. You ain't doing us any favours. Whatever money northern states have to spent is mostly gotten from on the south. the FAAC allocation is mostly from southern oil and VAT. You are net gainers, we are net losers. Most northern states will not survive without handout from southern resources and VAT. Your states are built on resources generated in the south. Your GDPs is because of southern money. If Nigeria breaks, you become Niger republic. You boast about having the richest billionaires. A viable country is known by the strength of it's middle class , not it's billionaires. The middle class in this country is more than 85 percent Southerners and middlebelt to lesser extent. Even in the top richest list, there are more southern billionaires than northern billionaires. On government appointments, alot of the numbers you highlighted are statutory. Buharis appointment has been lobsided in favour of the NE and NW. Dude let's face it , Nigeria is kinda reflection to the wider world. You can't give what you don't have. There is no single Muslim country in the world that is first world, technological and an economic leader. The poorest countries in Africa re Muslim. The poorest regions in countries that have mixed Christians and muslims are the Muslim regions . So it's no surprise you guys cannot compete hence you seek to bring the rest of the country down. You have succeeded because for most of this. country's history the north has ruled mostly through military dictatorship and have bled this country dry.I hear hausa people are the most populous tribe but yet the fulanis who aren't even as many as the ijaws keep ruling for the north and in a good number of the NW and NE states. It's either the hausa population figures is. fraud or the hausa re just dumb. Finally, close to 10% of Nigeria's GDP is remittance from abroad and the people sending the money are mostly southerners and middlebeltans by more than 90%. You guys that don't contribute to it will still get a larger share of the VAT contribution from remittances. Yet these arewa people will open their mouth and talk nonsense. Leeches. |
Re: VAT: Five Northern, Two South-west, Two South-South States Top Beneficiaries by eas01: 3:21pm On Sep 13, 2021 |
Ibkhaleel001:You an olodo oo. The FAAC allocated to the Niger delta is gotten from resources in their region. What is the northern contribution to the federal purse? Tell me. Your GDP is a function of southern resources and VAT. The Nigerian delta militants are fighting for the right to own their land and resources. The not fighting to own Kano or sokoto are they? Unlike your herders that are fighting for the right to destroy people's farms. Meschewwww. If NDDC wastes money, it's not your business. It is their resources from their land. The illegal gold exports from zamfara doesn't benefit the south but your northern elite. Your dirty agriculture depends on southern resources. The south are net losers in Nigeria and the arewa aboki north - NE and NW are net gainers. You contribute nothing. Your agriculture depends on southern money for investment, we in the south and middlebelt now buy from you. It ain't free. If you choose not to sell to us we can buy else where and even grow our food. You all are leeches. |
Re: VAT: Five Northern, Two South-west, Two South-South States Top Beneficiaries by Ibkhaleel001: 5:01pm On Sep 13, 2021 |
eas01:VAT: This Jamboree Has To End. With Nigeria’s scariest fault-line shaken by the brewing legal war over jurisdictional responsibility for collecting value-added tax (VAT), the reality of the long-avoided restructuring may finally be upon us. The debris already in the spotlight is the overlooked question of fiscal federalism, and we must thank Governor Nyesom Wike for the gathering storm. Whatever the eventual outcome of the court case between Rivers State and the federal government, the wave has reached the slumbering policymakers in the North in a way it never did, and some of their reactions have been predictably embarrassing. The South has had enough of spoon-feeding the North and the polarization that undercuts national politics in the past few years was powered by this disdain. If northern policymakers were paying attention to the countenance of their southern colleagues, and the indignity of being serially singled out as the stumbling block of Nigeria’s progress even by southern states that aren’t doing well, a roadmap for escaping this parasitism stereotype would’ve been long designed. Despite the bad press and blame game, many northern states fare better than the very southern states quick to ridicule them and have demonstrated more capability in generating internal revenue. In its latest Annual State Viability Index (ASVI), the Economic Confidential developed the viability index of states based on each state’s Internally Generated Revenue (IGR) as a percentage of its Federal Accounts Allocation (FAA) for the year and the results were interesting. It’s unsurprising that only two northern states are among the top 10 most viable states, with Kaduna generating N50 billion compared to FAA of N124 billion representing 40 percent, and Kwara generating N19 billion compared to FAA of N77 billion representing 25.4 percent. What’s shocking is that even terrorist-ravaged states like Zamfara generated more internal revenues than most southern states. Zamfara State ranks 12th, ahead of Ebonyi 16, Abia 20, Imo 21 and, unbelievably, oil-rich Bayelsa 36! The North is capable of functioning independently. The example of Kaduna overtaking Kano in that ranking of viable states is a theory easy to analyze. Before oil rents distracted northern political elites, the Native Authority system had far-reaching tax-collecting structures and a flourishing agrarian economy servicing the needs of the region. What the North achieved in that system is unfortunately still the high-point of the region today. Without oil rents, they built Ahmadu Bello University, which is still the largest in sub-Saharan Africa and Ahmadu Bello Stadium, one of the best sports facilities then. They also set up New Nigerian Development Company, the largest black-owned conglomerate in Sub-Saharan Africa then. The North of that agrarian era was an industrial hub, as the policymakers built new cities, textile factories, hospitals and distinguished institutions, one of which was the prestigious Kaduna Polytechnic, which was also the largest of its kind in Africa south of the Sahara then. Their overly spoon-fed successors, unfortunately, lack this ambition and the reason is this jamboree bankrolled by the South which, evidently, is not sustainable. |
Re: VAT: Five Northern, Two South-west, Two South-South States Top Beneficiaries by Ibkhaleel001: 5:04pm On Sep 13, 2021 |
eas01:You lack common sense you dont even have the sense to understand my write up...you ended up writing trash full of lies and sentiment...anyway I dont blame you! You were brought up that way... brainwashed and programmed.... Chew on this... VAT: This Jamboree Has To End. With Nigeria’s scariest fault-line shaken by the brewing legal war over jurisdictional responsibility for collecting value-added tax (VAT), the reality of the long-avoided restructuring may finally be upon us. The debris already in the spotlight is the overlooked question of fiscal federalism, and we must thank Governor Nyesom Wike for the gathering storm. Whatever the eventual outcome of the court case between Rivers State and the federal government, the wave has reached the slumbering policymakers in the North in a way it never did, and some of their reactions have been predictably embarrassing. The South has had enough of spoon-feeding the North and the polarization that undercuts national politics in the past few years was powered by this disdain. If northern policymakers were paying attention to the countenance of their southern colleagues, and the indignity of being serially singled out as the stumbling block of Nigeria’s progress even by southern states that aren’t doing well, a roadmap for escaping this parasitism stereotype would’ve been long designed. Despite the bad press and blame game, many northern states fare better than the very southern states quick to ridicule them and have demonstrated more capability in generating internal revenue. In its latest Annual State Viability Index (ASVI), the Economic Confidential developed the viability index of states based on each state’s Internally Generated Revenue (IGR) as a percentage of its Federal Accounts Allocation (FAA) for the year and the results were interesting. It’s unsurprising that only two northern states are among the top 10 most viable states, with Kaduna generating N50 billion compared to FAA of N124 billion representing 40 percent, and Kwara generating N19 billion compared to FAA of N77 billion representing 25.4 percent. What’s shocking is that even terrorist-ravaged states like Zamfara generated more internal revenues than most southern states. Zamfara State ranks 12th, ahead of Ebonyi 16, Abia 20, Imo 21 and, unbelievably, oil-rich Bayelsa 36! The North is capable of functioning independently. The example of Kaduna overtaking Kano in that ranking of viable states is a theory easy to analyze. Before oil rents distracted northern political elites, the Native Authority system had far-reaching tax-collecting structures and a flourishing agrarian economy servicing the needs of the region. What the North achieved in that system is unfortunately still the high-point of the region today. Without oil rents, they built Ahmadu Bello University, which is still the largest in sub-Saharan Africa and Ahmadu Bello Stadium, one of the best sports facilities then. They also set up New Nigerian Development Company, the largest black-owned conglomerate in Sub-Saharan Africa then. The North of that agrarian era was an industrial hub, as the policymakers built new cities, textile factories, hospitals and distinguished institutions, one of which was the prestigious Kaduna Polytechnic, which was also the largest of its kind in Africa south of the Sahara then. Their overly spoon-fed successors, unfortunately, lack this ambition and the reason is this jamboree bankrolled by the South which, evidently, is not sustainable. |
Re: VAT: Five Northern, Two South-west, Two South-South States Top Beneficiaries by eas01: 6:40pm On Sep 13, 2021 |
Ibkhaleel001:All these essays you keep plucking from where ever is hogwash. Okay, since the Arewa aboki NE and NW are more economically viable and can generate bigger IGRs than most southern states as you say, support resource control for every state with each state contributing a percentage to the centre and support state collection of VAT. Simple ! QED ! But we all know the reality. i repeat the GDP of aboki NE and NW is a function of oil proceeds, VAT; Oil proceeds is from the south and VAT contribution is from the south. Your whole economy is built on southern money. Even your agriculture. The FG invests in agriculture in the aboki NE and NW with money from southern oil proceeds, VAT, remittance payments... Then you sell your products to us. You even supposed to give us food for free. Ungrateful mallams. You claim zamfara IGR is more than alot of southern states. That is simply because zamfara taxes more than those states. IGR is state government revenue from taxation and other fees. The GDP of zamfara is less tham most southern states. Heck, delta state with upwards of 6M people has a higher GDP than kano that claims to have a population of 15M. I laugh in fula. |
(1) (2) (3) (4) (5) (6) (7) (8) (Reply)
More Photos And Video From The APC Presidential Campaign Rally In Warri Today / Oyo 2019: Alao Akala Locks Out Seyi Makinde From His Radio Station / Dino Melaye Enjoying Holiday With His Family (photos)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 117 |