Rayban26:


If they ask you the meaning of what you're defending now you don't even know. This is why women are overlooked when politics are involved.

That is how some never do well, lowlife individual on Nairaland and other social media platforms were defending subsidy removal blindly. Now that the shit finally hit the roof, they started crying and begging online.

Many of them thought that, because they couldn't afford a car, the high cost of fuel wouldn't be any of their problems but now that rice is sold at #2k per congo, I hope it is none of their problems as well.

The plan is Africa depopulation through:-

- war
- famine
- vacinnes

They rape us of our resources, use the house
n!993rs to collect evil loans, impose higher interest rate on us ( compared to other nations), and then offer us suspicious vacinnes.

Tell me, is this not their agenda?


Modified----------
Did you notice the name of the IMF director ?
Abebe Selassie.
Probably related to former Emperor Haile Selassie of Ethiopia.
They use the house negro , while hiding.
Unknown to Nigerians, only 1 Jewish family owns IMF: Rothschild.

this IMF wan kill us

Bobo Chicago,over to you. Increase taxes quickly. importation tax by 100%A 100g of bread 🥪 for 2000, A bag ọ rice 🍚 for 100k is not bad

Hahahaha....

They've started again...

nairalander1, come and see ...

Higher tax, okay we'll pay. As long as the illegal taxation is effectively removed. And serious actions are taken to curtail pilferers, so good and uplifting works can be done with the taxes, It's all not a bad thing.

But as usual, I know what will happen...

It's either they take this outside advice without removing the illegal taxation (as in the case with building toll gates, yet agbero still dey collect on the same road. Abeg, wetin the toll dey for? )
And the Generals and lieutenants of these collections can't allow it go in peace. Not with all the foot soldiers bolstering their sense of self.

Or...

They ignore the advice as this will spoil the illegal collections. After all, tax is mostly about paying as you earn. But as the work to compute the meager earnings of most is too stressful, plus the exposure of those they're secretly sponsoring, who earn so much, our ogas at the top will simply let the advice escape from the other ear. Make dem no come spoil the osusu collection..

The work plenty... And I doubt they'll ever want to do such. But money collections is the sweetest work they'll put effort to make it work. Ordinary production of their own crude, we go dey hear all the excuse wey make God vex pursue Satan comot for heaven..

Abegi, IMF goan siddon one place...

Tax like Canada u mean ?

Nigeria needs help on all sides. Effective leadership is the key.




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The western world loathes to see Africa in financial freedom hence they keep on advising African leaders to inflict more pains on commoners. Where has subsidy removal taken us despite the sweet promises, can't they leave us alone to run out affairs in Africa ways

IMF always proposing rubbish..... You dey increase tax for person wey no get money.

ogododo:


https://dailypost.ng/2023/10/14/imf-proposes-higher-taxes-as-solution-to-nigerias-fiscal-challenge/

There should be other sources of revenue for the country except subsidy removal and tax increase. Look inwards, agricultural productions. , solid mineral exploitation, tourism, and so on. These will add to GDP and increase revenue. Economy is not only selling oil and sharing the sell and increasing taxes except the leaders are bereft of knowledge which is what Nigeria has been suffering because of incompetent leadership.

These guys don't mean well. Can we do things in our own way.

jaytimeo:
The thing that IMF would do to Nigeria for listening to them would be unheard of in the history of the world,Buhari was smart enough not to listen to this lies but unfortunately we have a president that has similar mindset that the poor should go and die.

You are a liar.
Whoever is paying you to whitewash Buhari, the evil one, is insane.
A man that took us from <$38bn debt to close to $100bn. He followed the advice of his master's: the Europeans. His job was to bring Nigerians to a state of permanent penury.
You will not wash his sins.

accordadoga26:
Hehehe

What is the hehehehe ... Talk

ogododo:


https://dailypost.ng/2023/10/14/imf-proposes-higher-taxes-as-solution-to-nigerias-fiscal-challenge/

They want to kill the country. They recommended removal of subsidy and devalution of naira. This government obeyed to get their support. Now tax people more. The question is what are you taxing. There is nothing to tax.

Either this IMF re clueless and dont know what 80% of Nigerians re facing right now or they re just too wicked cuz none of their advice given to FG don work... it's always from frying pan to fire...


They should just STFU!!!!!!!

JuanDeDios:

They're not "cruel". These policies have actually worked in Asian countries. Africa is a different matter because of low productivity.

May the Most High God render you joyless, at the end of your years on earth.
Tell me , which Asian county IMF policies worked?

Philippines : where most of the population turned to garbage scrap collection; till Duterte started a home grown policy. During the last dictator's reign, drug traffickers grew till Duterte came to stamp them out

Vietnam:- that was bombed into oblivion?

Indonesi:- siluffered the effects of sponsored terrorism, a consequence of USA policies of the 70s and 80s , and internal wars


Just tell me, you brood of snakes and scorpions.

Your white race will be ended by Mother Earth.
Shebi you have your Agenda 2030?
Don't worry, you will all start dying, just like you have both directly and indirectly murdered millions of Ebony skinned folks.

Isn't it obvious his opinion is birthed from deep ignorance of the history and workings of the Nigerian government?

It is cliché to say that the Nigerian government has never had the sustained welfare of the masses at heart.

We are watching.

ogododo:


https://dailypost.ng/2023/10/14/imf-proposes-higher-taxes-as-solution-to-nigerias-fiscal-challenge/

Why is it that IMF doesn't have any popular Policy for Africa except Policies designed to suffer the continent the more?

High tax on the rich ones not the poor.

victory36:
worked in which Asian countries? Sri Lanka that is a shadow of itself thanks to IMF? Singapore and south Korea both have a reason why they banned IMF help. Even china hates the IMF more than it hates the US. It's only poor desperate countries that find themselves duped by IMF who then introduce unclear policies to keep them licking the boots of the western corporate giants. No reasonable country goes to IMF for funds that's why chinese loans seem more attractive

Sri Lanka's woes were due to idiotic experiment and not IMF.

JuanDeDios:

They're not "cruel". These policies have actually worked in Asian countries. Africa is a different matter because of low productivity.

So what happens now , you open the border for Nigeria to be a dumping ground, I understand the Bandits are not giving us peace with respect to Rice production, is it the same with Cement or Palm Oil ... If Cement price is high , it is because of Federal Government Tax and unstable currency ... Yes allow Rice to come in temporary for people to Enjoy Christmas, but you are self sufficient in Cement Production ..Most companies are barely surviving the devaluation problem, subsidy removal and now you want to burden them with high tax .. Do you understand the ripple effect of this crude decisions...Just this week I was telling my friend how poultry in the rural areas are just empty and the need to write proposal to get them back to production...now you are allowing poultry to even come in ....so which kind of proposal person wan come write because local production can't even compete with poultry coming from France.

More than 90% of Nigerians don't pay any direct tax at all. FG should widen the tax bracket, artisans and majority of self employed people don't pay personal income taxes.
The rich should also pay certain percentage to government in form of taxes when buying or selling landed properties.

More Tax? Well, the IMF doesn't give a shiit if all in Nigeria disappear from the land of Nigeria.

When experts talk the ordinary people should listen. Our revenue to GDP ratio is very low. Our income tax to GDP ratio is very low. Why have we been having budget deficits. The answer is funding gap.

The gap can only be filled with either loan, ways and means or taxation. We don't want further loan and ways and means therefore more taxes and alternative sources of revenue must be found.

The lowest fruit is tax. A lot of people in the informal sector don't pay direct tax. A lot of rich Nigerians don't pay their true tax. How many Nigerians pay capital gains tax and capital transfer tax for all the properties that we sell?

The era of petrodollar has gone that's why subsidy has to be removed. Our naira has been artificially overvalued because of petrodollar. Our productivity doesn't match our lifestyle.

Recently the UK was looking for how to find money for some social needs. They decided to find it through increasing charges on immigrants. That's how governments are ran. Government must find money somewhere to fund provision of social needs.

What we should be asking for should be reduction in cost of governance, corruption and optimal usage of resources. None of these will take the place of the above.

Tough and unpopular decisions are required to win back our economy. People are busy wasting time on ordinary paper called certificate.

I don't envy president BAT.

CodeTemplar:
It is a little bit like teaching or relating a recipe by unveiling the ingredients one after the other has been purchased so the one being taught goes to the grocery store many times and is likely exhausted. A very subtly way of wearing us down so they can take over our affairs fully.

Thank you.
Also, they are seeing that by 2050, their countries would be experiencing a lot of climatic disasters. Africa had the most stable continental rocks.
They wish to take over Africa fully.
But they need majority of Africans dead from famine ,war and disease.
It's a gradually unfolding agenda .
And their collaborators are the house negroe.

Pierocash:
Can any sane person now see that IMF is the greatest enemy of Africans, this guys are evil. So higher tax on top of the financial hardships Nigerians are going through.

That was how they advised Emefiele to float the naira , but the man refused pointing the fact that the hardship will be too much for Nigerians. Now their puppet Tinubu has done what they wanted. That is why they are now persecuting Emefiele.

This guys are evil

Any punishment to make black Africans disappear from the face of the earth is good for those international organisations.
Fair for a round trip flight from Europe to America is about five times less than the fare from Europe to African countries. Why?

E é nï ku ú rè gbògbó yín

hahahahah

LAFOCUZY:


They want to kill the country. They recommended removal of subsidy and devalution of naira. This government obeyed to get their support. Now tax people more. The question is what are you taxing. There is nothing to tax.

Fuel subsidy removal and Naira flouting, now na high Tax rate, IMF and them evil policy. Make them kukuma kill us. Oya Tinubu over to you.

Paraman:
The government should widen the tax bracket instead of increasing tax. A lot of people are not paying tax in Nigeria

Some of you just hear one political gribbish someone and resound it

Which tax gangan are a lot people not paying

Over to the brilliant economists,

It's not their fault. Blame the evil and wicked souls who call themselves politicians and leaders of Nigeria.

Do Nigeria really need to borrow money from anywhere if we have leaders ready to THINK AND DO GOOD FOR THE COUNTRY instead of themselves and families/cronies alone?