₦airaland Forum

festacman:
Our leaders mismanaged oil boom revenues. Sad but the reality.

Right now there’s an oil boom based on the Russia Ukraine war, but this government has finished our economy so much that we are not feeling it

Simeonjoe1:
Will they pay?
Nobody is willing to pay tax unless there's punishment for it.

That's where the government comes in you can't give people and options not to pay and expect them to pay

mrvitalis:
Nigeria makes less than 25 billion dollars a year from oil .......for a country of 150 million that's nothing ...that should be Lagos revenue

Until every Nigerian pay average of 150,000 naira in tax its impossible to develop this country

Mumu, how can you pay tax when there is no job creation? You nincompoops will just open mouth wide and start spilling rubbish.. nonsense human beings with little or no knowledge of economics!

Reference:
150K tax from a minimum wage of N30,000 ?.... oh Einstein how do you square this circle.
I tell you. An uninformed citizenry simply cannot develop its country.

Quick question. What comes first, the chicken of a wealthy citizenry or the egg of desirable taxation??

Oga it's average ... people makes billions a month in Nigeria they would pay 100s of millions so they would average it out

babasolution:
this report is very malicious its purely designed to make Africa and Nigerians look bad

but you would agree that the report is the obvious

Jacobi7:
Tinubu is a PLACE HOLDER for gov Shettima, the earlier you people realize this the better oo.

Most of these people pushing this Drug Lord doesn't know there's an agenda to just install him by fire by force and when he is tired and sick before 2 years, Shettima will be swear in as president and more kabiru sokoto will be hiding in his house.

Even Yaradua was way stronger than him before he became president

Affliction shall not rise the second time

So what are you insinuating?

When you have buch of ONLY GOD CAN HELP US citizen's


Take away religion from Africa you solve almost all her problem

mrvitalis:
The effect of taxes is not just revenue ...tax would unify this country , reduce cooperation , people would begin to question public office holders

It's easier to steal money me and you were given that I don't really need ...but if me and u contribute 20% of our income ...bros u can't easily steal it ooh


Those people who get paid to vote don't they earn ? Some makes 200k ,100k 50k a month ...by the time bus driver earns 5000 a say pays #1000 a day in tax ....he won't allow anyone to use him to rig election

By the time Akara seller makes 3000 a day pays 600 a day ...you can no longer bribe her with 5000 to vote

We all would have a stake in Nigeria then if we pay tax because our hard earned money is involved

Then you would only vote people you can trust with your tax

Can you explain to us what NURTW is and what the daily levy they collect from transporters is supposed to represent and where it ends up?

mrvitalis:
Oga it's average ... people makes billions a month in Nigeria they would pay 100s of millions so they would average it out

U are debating ignorance.

Those people pay tax too. Nigeria problem is not taxation but greed, even as poverty is ravaging the country people still have the guts to be stealing no be just small sums hundreds of billions.

i don't know why you are complaining? they are telling you how bad things are so we should get smart intelligent leaders and you are crying.
shioor!

babasolution:
this report is very malicious its purely designed to make Africa and Nigerians look bad

Very useless country with useless leaders that can't build ordinary refinery that biafrans could refine during the war

29kobo:
Nigeria is very sustainable economically

The reason why we are poor....and the reason why Biafra and Oodua plus Arewa would be poor, broke nations when they split...is not because of the whites, it is because we haven't learned that we can make phones cheaply at home rather than import them from China, or that in the long term it would be beneficial to our power and petroleum sector if we removed subsides and let them set their prices...which would bring in investment to enable them grow and power the manufacturing side of our economy.

And finally, it is because we think that if we sell oil, cocoa, cotton, groundnut, and palm oil and share the money, it would be enough....in a world where there are many countries that produce those things...and as a result, prices are never as high as we would want them to be (even in the USA, prices of cotton for export are too low to make it sustainable...so the USA government pays billions to cotton farmers in subsides to keep them from collapsing. African farmers with no access to the cash suffer more...plus the subsidies indirectly crash cotton prices more....). Meanwhile , instead of us to make things at home...we prefer importing them. And we sabotage our power sector by paying tarrifs that are too low...because we think we are helping the poor...when we are really shooting ourselves in the thigh.

Better face reality first, and maybe even Biafra would be feasible.

The bedrock of nationhood is commonly shared value systems. The three major ethnic groups in Nigeria hold diverse value systems. Their value systems can not converge so that nationhood can come to Nigeria. How do you make Nigeria economically sustainable when there are diverse value systems among the nations forced together to form Nigeria?

MasterKernel:
The nation doesn't have the features of a nation that will last for than 40 years from now.

The leaders are looting and dumping outside.
Nationals are running out of the nation.
70% Are living below poverty level.
No Power
High Poverty rate
Insurgency
High mortality
High Unemployment rate
High Crime Rate.

Please state one thing wey Nigeria dey do well?

Let me add:

Very high and increasing numbers of out of school children and dropouts

You captured it all, we really need thorough systemic overhauling of all sectors!

It's not about who wins 2023 elections ..the damage is very deep!

Iolo:
You’ve hit the nail in the head. We are too many for the revenue being generated by the government. I do think the fallacy of oil money means the average Nigerian think we are rich.

Even if we eradicate corruption 100%, Nigeria will not turn to Dubai until the government increases revenues significantly.

Exactly what I have been saying for years and shouting from the roof tops when we they were flying Mr. Buhari's anti corruption toga like a kite. We told them that corruption was not the problem of Nigeria but STRUCTURE, one not attuned to productivity.

Can you remember the infamous Obi's debate with Mr. Osinbajo and the tale of the rats in the shop....
I bet Mr. VP will be gobsmacked at what has befallen Nigeria after their anti-corruption crusade and the 'wealth' it has brought Nigeria....

And where will revenue come from if not productivity, the productivity primarily anchored in the roots of industrialization from which all other branches of the economy spring forth.

And where will industrialization come from, what will trigger it, yes, big budget infrastructural expenditure and here lies the twin follies of poverty that has crashed our economy today.

Our industrialization drive and infrastructural spending failed to meet our biggest wasteful expenditure, we did not invest in petroleum refining insisting on railways instead and after borrowing heavily for that, we gave everything over to the chinese to build robbing us of the industrial trigger required to build a productive economy.

This is where intelligent, visionary leadership is critical. Leaders who know INDEED how to create wealth, how to build economies from scratch, how to wean this country from consumerism, rent-seeking and round tripping....

Authoreety:
Bros, comeback fes... U say wetin.?

mandax:
The bedrock of nationhood is commonly shared value systems. The three major ethnic groups in Nigeria hold diverse value systems. Their value systems can not converge so that nationhood can come to Nigeria. How do you make Nigeria economically sustainable when there are diverse value systems among the nations forced together to form Nigeria?

On the other hand, most African nations are made up of people who do not hold shared value systems. Breaking all of them up is going to lead to chaos.

I am not comfortable with Nigeria as it is set up. But breaking it up is not going to lead to a neat three way split. Nigeria, and by extension most African countries, while artificial, are the lesser evil.

gaby:
Can you explain to us what NURTW is and what the daily levy they collect from transporters is supposed to represent and where it ends up?

That's part of the issue ... solution is what soludo did

Over drivers 20% discount and they make the payment once direct to states accounts

Illegal tax is one problem I accept

demielvis:
Nigeria should just do the needful by sharing the money to it's citizens,
it might solve some of these poverty problems.

i did the math they say we make 25 billion dollars a year from oil. we are 200 million if we share it equally each of us gets 125 dollars a year thats 30 cents a day each

babasolution:
this report is very malicious its purely designed to make Africa and Nigerians look bad

The day you realise your country has cheated you, that's the day you become a free man. Your media is only interested in showing you BBN & skits.

This is the true Nigeria you need to know. This is what foreigners see when they come into your country. Take it or leave it, I know its painful.

mrvitalis:
Nigeria makes less than 25 billion dollars a year from oil .......for a country of 150 million that's nothing ...that should be Lagos revenue

Until every Nigerian pay average of 150,000 naira in tax its impossible to develop this country

Another Mumu don comment.

mrvitalis:
Nigeria makes less than 25 billion dollars a year from oil .......for a country of 150 million that's nothing ...that should be Lagos revenue

Until every Nigerian pay average of 150,000 naira in tax its impossible to develop this country

We don't pay any were close to the amount of taxes the govt needs to fund infrastructure. Now the issue i have is the taxes will also be looted. We need to bring in more serious deterrents for financial crimes. I love the US for this , the govt will take everything

NOwazobia:
Another Mumu don comment.

But he is correct, have you ever paid any form of taxes in your life?

mandax:
The bedrock of nationhood is commonly shared value systems. The three major ethnic groups in Nigeria hold diverse value systems. Their value systems can not converge so that nationhood can come to Nigeria. How do you make Nigeria economically sustainable when there are diverse value systems among the nations forced together to form Nigeria?

That is why we say restructuring first.... then every other thing shall be added unto us.
Restructuring is the one thing that Nigeria needs most, without which it is impossible to develop, impossible to produce good leaders and impossible for any leader to function effectively.

I have said it times without number that RESTRUCTURING simply means all the constituents of Nigeria sitting round a table to agree VALUES. This is the seeds of nationhood. For right now no two Nigerians can agree on anything. We cannot agree on what is wrong, what is right, what is progress, what is regression so how do we corporately move in tandem when there is no unism.

Restructuring is even more important than elections, more important than democracies, that is why even some authoritarian states are better and more progressive than us and a nation like Singapore could be ruled by one man for 31 years but still make astronomical progress while others despise their own sit tight rulers. It is structure, the structure of a nation, of a society makes it fertile for either development or degradation.

And until Nigeria is restructured I will join Nigerians in fooling around with life but will never do the serious but vain business of obtaining a PVC and voting because I simply consider it.... a complete waste of time.

gaby:
Pay from what you earn and not a job or conducive environment the government has created for you abi, while they mop up and swallow the "pay from what you earn" as usual.

You don't attempt to remedy issues from the middle or head. You go to the roots and work it up.

How about leaders who brazenly dips hands to loot the nation treasury in primitive manner?

AnthonyAk:
We don't pay any were close to the amount of taxes the govt needs to fund infrastructure. Now the issue i have is the taxes will also be looted. We need to bring in more serious deterrents for financial crimes. I love the US for this , the govt will take everything

That's a big lie ...politicians know they can't steal as they do now if they tax the masses ...they know the effect people would become more interested in government functions

Governor you don't need more than 3 cars in your motorcade would be the new normal ...we need to manage our money we contributed well

It's would be more difficult to pay people to vote for you even ...

They know the effect of taxing the the people

MasterKernel:
The nation doesn't have the features of a nation that will last for than 40 years from now.

The leaders are looting and dumping outside.
Nationals are running out of the nation.
70% Are living below poverty level.
No Power
High Poverty rate
Insurgency
High mortality
High Unemployment rate
High Crime Rate.

Please state one thing wey Nigeria dey do well?

Corruption is doing well.

mrvitalis:
That's a big lie ...politicians know they can't steal as they do now if they tax the masses ...they know the effect people would become more interested in government functions

Governor you don't need more than 3 cars in your motorcade would be the new normal ...we need to manage our money we contributed well

It's would be more difficult to pay people to vote for you even ...

They know the effect of taxing the the people

I hope so, we will need tax revenues to be public information as well including expenses

mrvitalis:
Nigeria makes less than 25 billion dollars a year from oil .......for a country of 150 million that's nothing ...that should be Lagos revenue

Until every Nigerian pay average of 150,000 naira in tax its impossible to develop this country

How can Nigerians pay 150,000naira in Taxes. How much do they earn.

These taxes to whom do they go ?

You have to fix the corruption
You have to fix our mindset.
Bring back the War Against Indiscipline.
Lets admit we cannot do this on our own - we are intelligent but are not focused on a process we are always looking for short corners. Bring expatriates in to help with electricity and development.

gaby:
The question should be, "how do the unemployed, poor, and hungry pay tax"?

From where?

There's a way to to about this but the dundees running amok to be called leaders are clueless.

Only people who have lived abroad, hustled legitimately, and allowed themselves to be properly integrated into the systems operated in these developed countries can truly effect a change in Nigeria and Africa as a continent by replicating the positives they've seen and experienced out there.

Until the Nigerian political space is made attractive and less disgusting as it presently is, those who can effect the change will keep minding their business from afar.

Forget taxes.

The real question should be what accountability does our leaders have for the crude oil revenue... If there is barely any accountability, our taxes will go same way.

mrvitalis:
Nigeria makes less than 25 billion dollars a year from oil .......for a country of 150 million that's nothing ...that should be Lagos revenue

Until every Nigerian pay average of 150,000 naira in tax its impossible to develop this country

So 50% of the population living below a dollar per day will need to pay N150,000 tax before Nigeria can develop?

Capacity to generate revenue is never in doubt, how to stop politicians and their collaborators both domestic and foreign from looting what they cannot finish in 5th generation is the challenge.

The poor are already over burdened with many indirect -taxes from all govt agencies and security agencies too.

The rich are still the same people who will not pay tax.

According to FIRS, Less than 100 individuals pay up to 12million naira in Nigeria as tax.

And 90% of these people are within lagos-Ogun axis.

What does that says about the rich in Nigeria?

They benefit all the available goodies but do not think they should pay reasonable tax. All these presidential candidates paying N100m for ordinary piece of paper as nomination forms, should really show us how much they have paid in taxes.

But FIRS will not go after them because they are "untouchables".

Lairs will say its all a lais.