₦airaland Forum

olaboy33:
BAT is cooking.

The finance sector is being re-engineered.

PissInside:
Fvck that shit 🖕

Nigerians are suffering.

Tinubu should declare a state of emergency on hunger.

LandMann:
Stop telling Nigerians about your useless audio plans. Start the implementation and let's see the results

helinues:
Nice one.

The listening government

olaboy33:
BAT is cooking.

The finance sector is being re-engineered.

Emu4life:
For how long should we continue this Economics of 'Trial & Fail'? Wasn't this same thing Buhari tried and now we have Rice of #250 at #1300? Dollars of 200 at 850?
When will you guyz concede that Nigerian producers do not (yet) have the Capacity to meet demand?
Excessive taxation of imported goods will only lead to astronomical rise in price since our local manufacturers can not meet demands. Hence, the poor suffer more.
If the Government really care about Local production, then importing Companies should be given incentives that will make them set up mechanism for the goods they import so that they can start production instead of Importation.
That way, scarce FOREX is saved, Jobs are created and Nigeria is on it's way to Production instead of Consumption.
This may seem hard in Practicals but it's a better alternative to indiscriminate taxation that will lead to mass exodus of Companies, Costly goods and more poverty for Nigerians.

IN A COUNTRY WHERE PRODUCTION IS GENERALLY LOW, TAXATION DOESN'T DISCOURAGE IMPORTATION, IT ONLY MAKES IMPORTED GOODS COSTLIER.

ecolime:
What the federal government is doing right now is to ensure that the poor breathe. The aim of this administration is to tax prosperity and not poverty and tax the fruit, not the seed.

reiddecuti:
Embrace more taxes ahead. Nigeria government mostly since the inception of APC has been the more you look the less you see.

Government from FG to States has proven back to back that no good thing will come out of them.

Believe the government at your own expense.

obyno82:
So where is the prosperity that they want to tax? Nigeria has more than 100m poor people, the so called prosperous are not up to 1% of the population. Most of them have shell companies in tax havens to avoid tax(which is not a crime) even Tinubu too will have his money in tax havens to avoid tax.

Islie:
The federal government has revealed that it will, in the coming days, streamline its taxes from 52 to 10 in order to promote efficiency and…




https://dailytrust.com/fg-to-streamline-taxes-from-52-to-10/

PissInside:
Fvck that shit 🖕

Nigerians are suffering.

Tinubu should declare a state of emergency on hunger.

Depriest2020:
Sounds good. Hope it yields expected results.

TheBillyonaire:
Tinubu,

Tax consumption and subsidize Productivity until the Economy is revitalized then reverse it.

LandMann:
Stop telling Nigerians about your useless audio plans. Start the implementation and let's see the results

omoadeleye:
You dey mhad.

Oloribuku alai ni iteloun.

When Tinubu was campaigning that "he will reduce the purchasing power of the people by slowing down the economy"

I bet that you didn't watch all that to know what should be expected after being elected

Now that you are experiencing his campaign promises, you are moaning.

Now, they're telling you ahead on what to expect.

You are still moaning.

You dey mahd

Islie:
The federal government has revealed that it will, in the coming days, streamline its taxes from 52 to 10 in order to promote efficiency and…




https://dailytrust.com/fg-to-streamline-taxes-from-52-to-10/

Reelz:
welcome to Nigeria where the system will still be manipulated.. you will hear technical glitches and some useless nomenclatures..

Brendaniel:
For those who did not read or read only the headline, they are streamlining the source of taxes, not reducing the number of taxes from 52 to 10,

What it simply means is that if they had 52 agencies collecting 52 different taxes, only 10 agencies will be collecting the 52 taxes....