OreMI22:
The former COAS Gen Burutai joined Obiano in the weekly inspection of the airport project today.

The state government plans to commission the airport for public use this month. After they get some fire trucks currently being fixed to be functional.

The new fire trucks ordered from Germany will arrive later in the year or early next year.


https://www.youtube.com/watch?v=J9_45HAJgDc&t=1850s

investnow2013:
Check This Video!

OreMI22:


The only reason i stopped contributing financially to IPOB in USA is their quick desire to punish fellow oppressed Igbos by burning or destroying their businesses at the slightest excuse while ignoring and running away from the real Fulani oppressors.

Its unforgivable when IPOB destroy any Igbo person's livelihood for any reason whatsoever. The suffering they cause these poor families does not even bother them. How do you happily destroy the business of a widow with 6 kids frying akara for a living? Who will feed those kids or how do they pay school fees? The total lack of empathy on these vulnerable people is shocking. If you are a child in such poor families and your hunger and deprivation is worsened by other youths how would you view justice in such society? God and karma will punish my own family if my own money contributes in funding anyone contributing to the misery of the poor families struggling to find their daily bread.

These are the same people that you are supposed to be protecting and defending instead of destroying. The only reason I financially supported them is to defend the rights of these poor oppressed people. To see that IPOB's sole strategy now is to harrass and punish these poor people instead of going after their oppressors made it morally impossible for me to continue contributing to them.

Zenithh:

I think very soon dey will start burning them like armrobbers. Majority of d igbos are beginning to hate them. Most igbos are beginning to stick with the one Nigeria tale than the Biafra thing..like if it’s this way when uhuru hasn’t come,how will it then be when it finally comes?. Chaiii Ipob has goofed

TEDHorsePower:
Kasy, most of those IPOB people are your brothers from Nsukka. They came from Nsukka and constituting nuisance everywhere.

[s][/s]

Zenithh:

Who’s this horse in my mention?
And is kasy d name of the guy who dealt u an unforgettable huge blow?

TEDHorsePower:
Kasy, most of those IPOB people are your brothers from Nsukka. They came from Nsukka and constituting nuisance everywhere.

[s][/s]

Zenithh:

Abeg what’s all these gibberish this one is spewing here? Are u ok at all?
I don’t even get d head and tail of your posts..
was chatting with a more refined gentleman,Oremi22. You brought ur stinking self into my mention.
Ode lasun,Se wa okay?
You need to be taken to Yaba seriously. That’s where ur type are kept. If u don’t geddifok ehn

TEDHorsePower:
Kasy the illiterate Nsukka miscreant. We have more recent pictures of all your family members. I am warning you now but you think I am joking. When the boys strike again it will be too bad for Ogenyi family. We shall soon use you dirty pig to mop the floor.

[s][/s]

Zenithh:

You’re a fool. Get lost

Zenithh:


I think very soon dey will start burning them like armrobbers. Majority of d igbos are beginning to hate them. Most igbos are beginning to stick with the one Nigeria tale than the Biafra thing..like if it’s this way when uhuru hasn’t come,how will it then be when it finally comes?. Chaiii Ipob has goofed

investnow2013:
Danger alert in Onitsha�

About 20 tanker laden with PMS aflame are parked at Headbridge area of Onitsha. They have refused to go their respective destination and offload PMS due to their strike over what happened in Imo State.

Now packing these truck over 20 trucks in the heart of the Commercial City of Onitsha is dangerous.

Governor Chief Willie Obiano Akpokuedike Aguleri, please discuss with the NUPENG Union to remove all those loaded tankers with products at Head Bridge.

They are disasters waiting to happen.

Onitsha is just recovering from the 2019 fuel tanker induced inferno which was even from one single tanker and here we are talking about over 20 tankers.

Imagine over 20 tankers laden with PMS aflame?

This danger can be defined as terrorism � act by NUPENG and all those behind this. The Anambra State Government should find a way to safely remove these tankers from dangerous areas and thereafter charge those behind them to court on multiple offences, ranging from acts of terrorism, economic sabotage, etc.

There should be Leadership with a focus on protecting the public interest!

-Ikechukwu Emeka Onyia
Abuja, Nigeria

gordonbarrett:
Taking shape. Scanners installed.

ANSMEDIA:
Five northern states, two south-western states, two south-south states, and one south-eastern state collected a total of N373.84bn of the N836.51bn Value Added Tax allocation available for states in 14 months.

This is according to the latest FAAC allocation data available from the National Bureau of Statistics for the months of January 2020 through to February 2021.

In the period under review, the thirty-six states of the federation and the Federal Government shared N1.09tn as VAT revenue from the Federation Accounts Allocation Committee.

The top 10 states were: Lagos (N153.94bn), Kano (N32.48bn), Oyo (N29.85bn), Rivers (N28.43bn), Kaduna (N24.75bn), Katsina (N22.72bn), Delta (N20.91bn), Bauchi (N20.49bn), Anambra (N20.14bn), and Jigawa (N20.13bn).

Lagos got the largest share of VAT revenue in the period under review (N153.94bn), while Nasarawa got the least allocation of N15.36bn.

Based on the regions, the South-West region received the highest VAT allocation (N256.21bn), followed by the North-West (N154.41bn), South-South (N119.88bn), North-East (107.43bn), North-Central (N106.58bn). The South-East received the least from the VAT allocations (N91.99bn).

The bottom 10 states were Nasarawa (N15.36bn), Bayelsa (N15.79bn), Taraba (N16.23bn), Gombe (N16.33bn), Kwara (N16.35bn), Ekiti (N16.46bn), Yobe (N16.90bn), Abia (N17.03bn), Ebonyi (N17.04bn), and Cross River (N17.17bn).

According to Investopedia, VAT is a consumption tax that is levied on a product repeatedly at every point of sale at which value has been added. In Nigeria, VAT is collected by the Federal Inland Revenue Service and shared by the Federal Government.

According to data from the NBS, VAT has a non-import VAT local, non-import VAT for foreign, and Nigerian Customs Service Import VAT components.

In 2020, N1.53tn was generated as VAT in the nation. Non-import VAT local accounted for N763bn, non-import VAT for foreign accounted for N420.43bn, and NCS-Import VAT accounted for N347.72.

Locally derived tax accounts for about 50 per cent of total VAT, while imported goods and foreign goods or services not imported account for the other half. Local VAT is imposed on goods and services consumed within each state of the federation.

Based on the country’s revenue sharing formula, the Federal Government gets 15 per cent of VAT, while states share 50 per cent, and local governments share 35 per cent based on the sharing formula. In the period under review, the Federal Government got N251.55bn from VAT.

In an August 10 ruling, the Federal High Court sitting in Port Harcourt, Rivers State, declared that it was the Rivers State Government, and not the Federal Inland Revenue Services, that should collect VAT and Personal Income Tax in the state.

In 2020, the total internally generated revenue of the 36 states in Nigeria was N1.21tn.

A former Minister of Finance, Mrs Kemi Adeosun, had said 55 per cent of total local VAT was generated in Lagos.

Based on this indication, in 2020, Lagos may have contributed N419.65bn. in the same year, however, it received N130.97bn.

The Governor of Rivers State, Nyesom Wike, said recently that Rivers State generated N15bn VAT revenue in June this year, but got only N4.7bn. He added that Kano generated N2.8bn in the same month and got the same N2.8bn back.

Wike also said that Lagos generated N46.4bn but received N9.3bn.

The Director-General, Lagos Chamber of Commerce and Industry, Dr Chinyere Almona, on Sunday said the current sharing formula for the states and LGAs should be adjusted using the factors of equality 20 per cent, population 30 per cent, and derivation 50 per cent.

This is against the present system of equality 50 per cent, population 30 per cent, and derivation 20 per cent.

According to her, this arrangement should be agreeable to the concerned parties and can drive innovation on revenue generation in all the states towards increasing their internally generated revenue.

She added that it would also make the states more sensitive to the needs of businesses in their respective jurisdictions.

Almona said, “The first concern of the chamber is the confusion that businesses face as to who is in charge of VAT collection. This is not healthy for the business community and planning.

“We, however, hail the swift intervention of the Court of Appeal to reduce the uncertainties surrounding these controversies.

“Businesses should not be subjected to unnecessary hurdles and made to pay the same tax twice from different agencies.

Read AlsoNULGE wants LGs to collect VAT, Borno advises SouthVAT ‘war’ fuels struggle for true fiscal federalism as states seek more fundsVAT: More states oppose FIRS, Ogun, Edo, Akwa Ibom consider tax laws

“The Federal Government should urgently establish an understanding with states on what is best for the nation and businesses.”

According to the Head of Economics Department, Pan-Atlantic University Lagos, Dr Lekan Aworinde, if state governments start to collect VAT, there would be some positive as well as negative outcomes.

He said, “On the positive side, states can boost their internally generated revenue, meaning that states that realise huge amounts of money from VAT will be able to generate more revenue to themselves.

“However, on the flip side, we do not know whether states will have the structure to be able to collect this tax. What I mean is that tax collection involves a lot of structures such as the policies and the tax planning; also, do these states have the manpower to collect these taxes. If they don’t, the process might not be that smooth and effective.

“Aside all of this, if the administration of VAT falls to the state, how sure are we that they will be able to remit what is due to the local governments.

“In many cases, even with the old systems when federation account allocations come in, state governments do not remit the share of local governments as expected.”

He added that there was the possibility of multiple taxations, especially on imports.

Aworinde added, “There is also the possibility of multiple taxation which can be caused when both the federal and state government charge VAT for certain items like imports. Multiple taxation will have a ripple effect on the economy.

“It will hamper ease of doing business in the country, erode investor’s confidence in the country and further decrease foreign investments, largely because investors don’t want to come into a country with too many taxes.

“With investments on the decrease, unemployment will spike, which will also pull more people below the poverty line.

“As income remains constant while cost of goods and services keep increasing, heightened poverty or a rapid increase in the poverty rate in the country is inevitable.”

Meanwhile, the Fiscal Policy Partner and Africa Tax Leader, PwC, Taiwo Oyedele, has said challenging any ambiguity or treatment the states consider inconsistent with the constitution in court, is a healthy development for the system.

Oyedele said this in an interview with one of our correspondents, in response to the states’ attorneys’ general’s prayer to the supreme court to determine whether or not the states have the sole authority to administer and collect stamp duties on all transactions involving individuals and persons within their respective states.

The PUNCH had reported that the Attorney-General of the 36 states of the federation had dragged the Attorney-General of the Federation, Abubakar Malami, before the Supreme Court over the failure of the Federal Government to remit the funds generated from stamp duties into states’ accounts.

Oyedele said, “There is generally no ambiguity regarding the collection of stamp duties. States are entitled to collect stamp duty on any dutiable instruments between individuals. Where a corporate entity is involved, the Federal Government is empowered to collect the stamp duty.

“While each state gets to keep the stamp duty collected by them, any stamp duty collected by the Federal Government is to be shared to states at 100 per cent less cost of collection based on derivation.”

In another development, an economist and private sector advocate, Dr Muda Yusuf, has advised the National Assembly and the Federal Ministry of Finance to halt the proposed excise duties on a segment of the manufacturing sector.

Yusuf said this in a statement on Sunday in response to the announcement by the Nigerian Customs Service during the 2022-2024 Medium Term Expenditure Framework assessment in the National Assembly to reintroduce excise duties on the production of soft drinks in the country.

Yusuf described the move as ill-timed, inappropriate and detrimental to the growth of the manufacturing sector, saying that it negated the economic recovery and job creation objectives of the federal government

He said, “Many upcoming small businesses in the beverage sector would be hard hit by this proposal. The millions of micro enterprises in the soft drinks’ distribution chain will be adversely impacted by the imposition of the excise tax.”

He added that the reality was that Nigerian manufacturing companies were going through tremendous stress at the moment, affecting sales, turnover, profitability, shareholder value and the sustainability of investments in the sector.
https://punchng.com/vat-five-northern-states-two-sw-two-ss-among-top-beneficiaries/

ARROBA:


Where are the immigration booths, where international passengers will be checked and stamped?

gordonbarrett:
It's not an international terminal building. The airport only has approval for international cargo and domestic passengers. Terminal 2 will be built, which will be an international terminal and international passengers license sought.

wallstreetnews:


You got it wrong. It is for international passengers and international cargo as well as handling domestic passengers.

That's why they are putting CÀT2 lights, fire trucks of international standards, 3.7km runway, etc. These are international grade specifications for international flights.

wallstreetnews:


You got it wrong. It is for international passengers and international cargo as well as handling domestic passengers.

That's why they are putting CÀT2 lights, fire trucks of international standards, 3.7km runway, etc. These are international grade specifications for international flights.

Obdk:
In anticipation of the completion of their TV station in Nnewi, Authority TV has secured a license and space to run on the Digital Satellite Television (DSTV) package.
The station which is owned by the Senator representing Anambra South Senatorial District, Senator Ifeanyi Ubah in the Nigeria Senate, is expected to kick-off in the first quarter of next year, 2022, as the earlier plan for the station to resume operation in the last quarter of this year is no longer feasible.
Authority TV which is part of Authority Media has Authority Newspaper and Authority Radio in its fold is now boosted by getting featured on DSTV. DSTV is a Sub-Saharan African direct broadcast satellite service; it is owned by the South African firm MultiChoice and has the distinction of being the most viewed satellite television in Africa.
Its biggest customer base is in Nigeria.
While the massive TV Station House is yet to be completed, the building is already taking shape. It is believed that the new building will house both Authority TV, Authority Radio, and also the second radio station that is being planned to be established for only religious issues.
https://www.anaedoonline.ng/2021/09/13/ifeanyi-ubah-dstv/

gordonbarrett:
It's not an international terminal building. The airport only has approval for international cargo and domestic passengers. Terminal 2 will be built, which will be an international terminal and international passengers license sought.

gordonbarrett:
It's not an international terminal building. The airport only has approval for international cargo and domestic passengers. Terminal 2 will be built, which will be an international terminal and international passengers license sought.

OreMI22:


Some of us typing here need to travel around to see that this airport is beyond international by every standard. Even the electronic full-body scanner isn't available in some "international" airports as we speak. They use a lady with a metal detector stick to try and search people. No full-body scan is available.

if all the equipment and costly crash tender fire truck (~$500K - $1 million dollars apiece) can be acquired, do you think it's building an immigration booth next to the airline check-in area downstairs that would be too expensive or difficult to do?

In advanced or third-world countries, the immigration booth is just a space where officers can put your passport number into the system to check if they have alerts or warrants for arrest. Then they will stamp your passport as verifying they saw you there on that day. It does not require any separate building or construction in an airport.

Sometimes, I don't know if these things are posted genuinely out of ignorance or out of deliberate malice just to be saying something against this fantastic airport by every international standard.

Zenithh:

Oremi22 well done. School them pls.
Anambra airport is fantastic

OreMI22:


Some of us typing here need to travel around to see that this airport is beyond international by every standard. Even the electronic full-body scanner isn't available in some "international" airports as we speak. They use a lady with a metal detector stick to try and search people. No full-body scan is available.

if all the equipment and costly crash tender fire truck (~$1 million dollars apiece) can be acquired, do you think it's building an immigration booth next to the airline check-in area downstairs that would be too expensive or difficult to do?

In advanced or third-world countries, the immigration booth is just a space where officers can put your passport number into the system to check if they have alerts or warrants for arrest. Then they will stamp your passport as verifying they saw you there on that day. It does not require any separate building or construction in an airport.

Sometimes, I don't know if these things are posted genuinely out of ignorance or out of deliberate malice just to be saying something against this fantastic airport by every international standard.