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Bola Tinubu Asks Osinbajo And FG Not To Increase VAT, Widen Tax Bracket Instead - Politics (5) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Bola Tinubu Asks Osinbajo And FG Not To Increase VAT, Widen Tax Bracket Instead (27332 Views)

FG May Increase VAT Rate By 2.5% In 2021 / You Can’t Increase VAT, Tinubu Tells FG / Nigerian Government May Increase VAT To Fund New Minimum Wage (2) (3) (4)

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Re: Bola Tinubu Asks Osinbajo And FG Not To Increase VAT, Widen Tax Bracket Instead by Jesusloveyou: 6:01pm On Jul 29, 2022
pipnator00:
For him mind na him don make sense!!?? tongue

He should submit himself for a one on one interview with any media house other than TVC.

Lets have a closer look at his state of mind. We don't need any senile old man up there!
obituary is not intelligent to that level.

1 Like

Re: Bola Tinubu Asks Osinbajo And FG Not To Increase VAT, Widen Tax Bracket Instead by Owopariola001: 6:04pm On Jul 29, 2022
storm001:


I learnt you have first class in mathematics, but you failed to tell me how the daughter of a 70 years old Tinubu is 62 years old.

Affliction will not rise again.

This is Folashade Tinubu, how is she 62? This is not Mathematics but Optometry.

1 Like

Re: Bola Tinubu Asks Osinbajo And FG Not To Increase VAT, Widen Tax Bracket Instead by eldoradoxx: 6:10pm On Jul 29, 2022
Nigerians clamouring for Tinubu presidency must be made to be very aware of what Tinubu stands for. To widen tax net is simply o create various categories of taxes thereby taxing various goods and services that were hitherto not taxed. Example, just yesterday, FG announced 5% tax on calls and data on all network in Nigeria,that's exactly what Tinubu meant in that video. So when he becomes President, your baby diaper will have its own tax, milk will have its own tax, agbado and garri will have its own tax, that is exactly how you widen the tax net by bringing all citizens including babies to be paying one form of tax or the other.
Re: Bola Tinubu Asks Osinbajo And FG Not To Increase VAT, Widen Tax Bracket Instead by eldoradoxx: 6:13pm On Jul 29, 2022
ABIBLESS:
Tinubu did his best with fantastic advised but government rejected it.
It is not possible for Tinubu to impose his idea.
All supporter of Obi has relative in Lagos that Tinubu accommodated them.
How many of igbo governors appointed other tribe into their cabinets.
Atimes, igbo people that critised him were ingrate
Apparently its only Igbos and Yorubas that live in Lagos. Shame!
Re: Bola Tinubu Asks Osinbajo And FG Not To Increase VAT, Widen Tax Bracket Instead by RepoMan007: 6:16pm On Jul 29, 2022
Totilopussylick:
Look at these ancestor that wants to be president by fire by force tongue undecided tongue

Casava agbado republic will be Tinubu final resting place after the next presidential elections in Nigeria.
Learn to relate your FTC to topic.
He made sense. Some people are paying tax while other aren't. Instead of taxing those already paying more, leave it at the rate it is and tax the untaxed instead. I don't like tuniubu too but at least he said the right thing.

2 Likes

Re: Bola Tinubu Asks Osinbajo And FG Not To Increase VAT, Widen Tax Bracket Instead by donbrowser(m): 6:21pm On Jul 29, 2022
MacWin155:
How can people still want a man like this??

It's clearly evident that he'll totally run Nigeria and Nigerians into ruin.

It is well.

Let's keep watching.

Are you sure you know economics?

1 Like

Re: Bola Tinubu Asks Osinbajo And FG Not To Increase VAT, Widen Tax Bracket Instead by MacWin155(m): 6:28pm On Jul 29, 2022
Parachoko:
What did he say that is bad?

I'm discrediting the candidate not his words.

I didn't say what he said is bad, did I?
Re: Bola Tinubu Asks Osinbajo And FG Not To Increase VAT, Widen Tax Bracket Instead by DesignMaestro(m): 6:29pm On Jul 29, 2022
He made the speech in 2019.

Tinubu Kicks against Proposed Increase in VAT
Latest | 3 years ago
Onyebuchi Ezigbo in Abuja

The National Leader of the All Progressives Congress (APC) Ahmed Tinubu, has asked the Federal Government not raise the Value Added Tax (VAT) as it will inflict more pain on the people.


Tinubu who was advising the President Muhammadu Buhari-led APC administration on how to deal with present economic challenges in the country said that any additional tax will reduce the purchasing power of Nigerians.

“Let me appeal to Vice President Yemi Osinbajo and his team to put a huge question mark on anything that concerns VAT.

“If we reduce the purchasing power of the people it can further slow down the economy. Let us widen the tax net. Those who are not paying now even inclusive Bola Tinubu, let the net get bigger and we take in more taxes and that is what we must do in this country,” he said.


Tinubu also advised FG against pushing for additional layer of taxes but instead he said efforts should be made to effectively bring more persons and organisations into the tax net so as to increase revenue earnings for the country.

Still speaking on the way forward for the country’s economy, Tinubu said Nigeria must divorce itself from the fixation that GDP rate and similar statistics were an end in itself.

He said to pull the nation from poverty, government must play a decisive role. According to Tinubu, the goverment must at times direct and even develop markets and opportunities.
https://www.thisdaylive.com/index.php/2019/03/28/tinubu-kicks-against-proposed-increase-in-vat/amp/
Re: Bola Tinubu Asks Osinbajo And FG Not To Increase VAT, Widen Tax Bracket Instead by MacWin155(m): 6:29pm On Jul 29, 2022
Eleven01:

What's your point?

Use brain, he is on point, government need more streams of income, nation is broke. We can tax more from luxury goods, companies and use it to care for the economy.

Don't be dumb.

I'm against the candidate not his words. He's right, but we know it's all politicking.

Don't idiotically quote me if you don't understand what angle I'm coming from.
Re: Bola Tinubu Asks Osinbajo And FG Not To Increase VAT, Widen Tax Bracket Instead by MacWin155(m): 6:31pm On Jul 29, 2022
donbrowser:


Are you sure you know economics?

Are you sure you understand what angle I'm coming from??

Read to understand, not to comment.

He's right, but I'm against the candidate not his words.
Re: Bola Tinubu Asks Osinbajo And FG Not To Increase VAT, Widen Tax Bracket Instead by Ucloaded01: 6:35pm On Jul 29, 2022
diplomat058:
hmm I just hope all these IPOB donkeys up here won't commit suicide when Tinubu is eventually sworn in as the President. They literally eat and breath Tinubu everyday. He is their biggest nightmare; not even news of their caged Mazi or pandora storyteller makes them dog around Nairaland for new threads as those about Tinubu cheesy

What a wonder!

Sworn into the lagoon abi?
Re: Bola Tinubu Asks Osinbajo And FG Not To Increase VAT, Widen Tax Bracket Instead by DesignMaestro(m): 6:36pm On Jul 29, 2022
eldoradoxx:
Nigerians clamouring for Tinubu presidency must be made to be very aware of what Tinubu stands for. To widen tax net is simply o create various categories of taxes thereby taxing various goods and services that were hitherto not taxed. Example, just yesterday, FG announced 5% tax on calls and data on all network in Nigeria,that's exactly what Tinubu meant in that video. So when he becomes President, your baby diaper will have its own tax, milk will have its own tax, agbado and garri will have its own tax, that is exactly how you widen the tax net by bringing all citizens including babies to be paying one form of tax or the other.
Let's try to be objective sometimes. Nobody can be wrong all the time. He gave this advice as far back as 2019. You are obviously misquoting him. This is what he said:
“Let me appeal to Vice President Yemi Osinbajo and his team to put a huge question mark on anything that concerns VAT.

“If we reduce the purchasing power of the people it can further slow down the economy. Let us widen the tax net. Those who are not paying now even inclusive Bola Tinubu, let the net get bigger and we take in more taxes and that is what we must do in this country,”

4 Likes

Re: Bola Tinubu Asks Osinbajo And FG Not To Increase VAT, Widen Tax Bracket Instead by AFONJAPIG(m): 6:45pm On Jul 29, 2022
He will feed his zone-B corns and Cassava
Re: Bola Tinubu Asks Osinbajo And FG Not To Increase VAT, Widen Tax Bracket Instead by DesignMaestro(m): 6:47pm On Jul 29, 2022
Zeemam:
Why will he mention Osinbajo’s name, is he the president?
He advised that the VP's economy team should put a question mark on the idea of VAT increment as probably suggested by the minister. Meaning, it should not be supported. Perhaps the VP was present at the event where the speech was made.

2 Likes

Re: Bola Tinubu Asks Osinbajo And FG Not To Increase VAT, Widen Tax Bracket Instead by Adelekan40(m): 6:47pm On Jul 29, 2022
Yekini amoda again?
We don enta one chance.

Re: Bola Tinubu Asks Osinbajo And FG Not To Increase VAT, Widen Tax Bracket Instead by Murphyenemuwe: 6:58pm On Jul 29, 2022
You are a compound illiterate
MacWin155:
How can people still want a man like this??

It's clearly evident that he'll totally run Nigeria and Nigerians into ruin.

It is well.

Let's keep watching.

PS: this is said in lieu of the candidacy of Tinubu, not his words. He's right, but we know it's all rhetorics and politicking. I stand on my words.

1 Like

Re: Bola Tinubu Asks Osinbajo And FG Not To Increase VAT, Widen Tax Bracket Instead by Ayilara1(m): 7:00pm On Jul 29, 2022
iCauseTrouble:
All BRT money goes to Tinubu's nephew.
All market levies go to Tinubu's daughter
All billboard levies go to Tinubu's son
All taxes and tolls levies go to Tinubu
20m loyal slaves in Lagos since 1999.
Edo no be Lagos!!!!
Osun no be Lagos!!!
Nigeria no be Lagos!!!

I'm very sure

Anambra doesn't have BRT.
People hardly pay for billboard in Anambra and many other things that you mention.

It is better we have a refinery that 10% of it revenue belongs to tinubu.

A working ajaokuta steel that 20% belongs to remi tinubu.

Tinubu might be "theifhubu" but he might make things good will favouring himself and his family. That is better than a Nigeria we have today with nothing.

If Tinubu isn't the Godfather of Lagos, Lagos might not be where it is today.

2 Likes 1 Share

Re: Bola Tinubu Asks Osinbajo And FG Not To Increase VAT, Widen Tax Bracket Instead by ALISMILE(m): 7:09pm On Jul 29, 2022
Whether any body likes it or not Tinubu has my vote
Re: Bola Tinubu Asks Osinbajo And FG Not To Increase VAT, Widen Tax Bracket Instead by DeleTaller: 7:09pm On Jul 29, 2022
The stone wey all of u nah dey condemn would surely become the corner stone. And his economy policy will favour all. Obi o, Atiku o, Sowore o, Tinubu o.. All i want is good government. And I believe in Tinubu's ideology and capacity of intellect.

Tinubu is coming... be notified now!

1 Like

Re: Bola Tinubu Asks Osinbajo And FG Not To Increase VAT, Widen Tax Bracket Instead by BeardGangJnr1(m): 7:12pm On Jul 29, 2022
TheRareGem1:


I always laugh when I see comment like this, I just Laugh..... Governance, and chain of commend is not rocket science.... At NEC, the VP chairs all meeting with all state governors, CBN governor, finance minister and others are in attendance where all of them deliberate on series of topics... The VP ONLY seek for update and give suggestion in a few cases.... The minister provide the economic know how even at FEC she still table it to all executive and approval lies on Mr President. The vice President doesn't have power to say Yes and no. The president does.
It's Either u re very daft, biased or sheer ignorance...u can't exonerate fake pastor osinbande from Buhari's monumental failure.. undecided
Re: Bola Tinubu Asks Osinbajo And FG Not To Increase VAT, Widen Tax Bracket Instead by ALISMILE(m): 7:15pm On Jul 29, 2022
MacWin155:


Don't be dumb.

I'm against the candidate not his words. He's right, but we know it's all politicking.

Don't idiotically quote me if you don't understand what angle I'm coming from.
According to you he is politicking,yet his record of service as governor for 8 yrs shows he's a man who understand how the economy of a state is run. He raised lagos igr from a miserable 600m monthly to almost 6b. Yet you say he doesn't mean his words and expect me to vote someone else who was a total failure with regards to his record in economic management of a state with massive potential.
Let's just wait and see

2 Likes

Re: Bola Tinubu Asks Osinbajo And FG Not To Increase VAT, Widen Tax Bracket Instead by GoodLife4live: 7:23pm On Jul 29, 2022
SmellyNyash:
grin Tilinbu is a thief , fraudster and a sour loser.

He should go and rest with his grandchildren instead of embarrassing himself here and there.

The sensible youths has rejected him totally including the gods

He is smelling
He is a thief
Drug baron
A criminal
An old idiot
A lier
His certificateless
He is 88 years
And moreover, he is an agbado mumu grin


Quote me and die miserable


Se you don happy now ?

But I get good news for you ... Obi will not win 2023 election .... Know dis and have peace .. but don't return to biafra or death mantras cus d gist will not gel .... Una don expose una self... Cheers
Re: Bola Tinubu Asks Osinbajo And FG Not To Increase VAT, Widen Tax Bracket Instead by Agadinaagwuofe: 7:26pm On Jul 29, 2022
Parachoko:
I totally agree with Tinubu on this.


I don't support him but he is right on this the money generated by taxation in Nigeria compared to other west africa countries is small so we need to widen the tax bracket and increase the revenue, but first of all loopholes to re-loot it must be block.

1 Like

Re: Bola Tinubu Asks Osinbajo And FG Not To Increase VAT, Widen Tax Bracket Instead by praz001(m): 7:32pm On Jul 29, 2022
Wahala....
Different comments from those who didn't even comprehend. When cat is increased, purchasing power of over 200million is reduced. On items, calls, Data etc...

But when the tax gap is widen, you go after those ole! Oyionshi! And those who are owing the government. I

More like getting the well to do who ain't paying taxes to do so. Those hiding under one government policies or the other the dangote likes to pay what they are suppose to pay.

. Yes, I may not like Tinubu but this is the most accurate decision any responsible govt can take.

Some Nigeria youth are truly unemployable.

1 Like

Re: Bola Tinubu Asks Osinbajo And FG Not To Increase VAT, Widen Tax Bracket Instead by Everlastingson: 7:38pm On Jul 29, 2022
Softmirror:


ASIWAJU AHMED BOLA TINUBU IS NIGERIA'S NEXT PRESIDENT BY THE GRACE OF GOD.



Don't let God get angry with you and destroy you. You think He supports evil like you? Be careful!
Re: Bola Tinubu Asks Osinbajo And FG Not To Increase VAT, Widen Tax Bracket Instead by Everlastingson: 7:43pm On Jul 29, 2022
johnfem321:
A lot of people listening to him might not understand or comprehend the meaning of what he was saying and think he means harm for them..


Whatever he meant we don't care about. This character cannot be President of Nigeria.
Re: Bola Tinubu Asks Osinbajo And FG Not To Increase VAT, Widen Tax Bracket Instead by MacWin155(m): 7:44pm On Jul 29, 2022
Murphyenemuwe:
You are a compound illiterate

If this is all you have to offer, your presence here lowers the IQ of every member of Nairaland.
Re: Bola Tinubu Asks Osinbajo And FG Not To Increase VAT, Widen Tax Bracket Instead by MacWin155(m): 7:45pm On Jul 29, 2022
Murphyenemuwe:
You are a compound illiterate

If this is all you have to offer, your presence here lowers the IQ of every member of Nairaland.

I'm sure you're one of those low lifers with nothing to offer but the painful knowledge of their decrepit existence.
Re: Bola Tinubu Asks Osinbajo And FG Not To Increase VAT, Widen Tax Bracket Instead by MacWin155(m): 7:48pm On Jul 29, 2022
ALISMILE:
According to you he is politicking,yet his record of service as governor for 8 yrs shows he's a man who understand how the economy of a state is run. He raised lagos igr from a miserable 600m monthly to almost 6b. Yet you say he doesn't mean his words and expect me to vote someone else who was a total failure with regards to his record in economic management of a state with massive potential.
Let's just wait and see

Total failure??

Tinubu rides on the privileges Lagos had by virtue of it previously being Nigeria's capital.

If you believe that Tinubu made his records void of such influence, then we'll simply we deceiving ourselves.

And calling Peter Obi a total failure shows how prejudiced your mindset is.

But it is well.
Re: Bola Tinubu Asks Osinbajo And FG Not To Increase VAT, Widen Tax Bracket Instead by johnfem321: 7:49pm On Jul 29, 2022
Lol apart from following what the online crowd is saying.. what is wrong with is character?
Everlastingson:



Whatever he meant we don't care about. This character cannot be President of Nigeria.
Re: Bola Tinubu Asks Osinbajo And FG Not To Increase VAT, Widen Tax Bracket Instead by Nobody: 8:01pm On Jul 29, 2022
MacWin155:


Don't be dumb.

I'm against the candidate not his words. He's right, but we know it's all politicking.

Don't idiotically quote me if you don't understand what angle I'm coming from.

So you are the dumb one, politics of objectivity is what will help Nigeria not these politics of bias and nepotism.

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