theredaddy:



He did it Lagos and where is Lagos today among the 35 remaining states in Nigeria

To a lame man, high taxation should drive away businesses and investors But are investors running out of lagos or trooping to Lagos.

Taxation is bad only from an emotional POV

They have not increased taxes. Tax is a % of revenue. Revenue is derived from Volume and Price. Price has gone up significantly. Volume has dropped. You get a nominal increase that does not mean growth. It is just the effect of price increase. If Naira gains value and prices drop, if volume remains as is today, the VAT will drop. It is just the price effect you are seeing.

Dee60:


It is recession.

Self imposed by disastrous policies
People are having difficulty spending on food and basic needs not because their salaries have changed but because an uninformed president devalued the currency and removed subsidy verbally which shot prices sky high

OAFMods:
More wahala 4 obidient ipob troubled medulla

If u understand what is happening u will be crying.

So sad politics will not allow unto see anything wrong with it

Tax increase but not survival.

Energist:
Compare the two in US $, you'll see a slump. I know that some taxes especially from the oil and gas industry come is USD

Exactly! It's easy and pretty dumb to say VAT increased when a $1 VAT in 2019 would be N365 and the same VAT today is N1400.

Daystar7:


A day old kid knows there's tax on virtually everything here in Nigeria and you're running from pillar to post now. You based your tax whatever on goods purchased and not on the power of the person purchasing said goods. I've given you UK and Dubai as example to help ur understanding but you still fail to comprehend simple explanation.
You don't increase vat based on increase in the price of goods. Increase in the price of goods is dependent on the law of supply and demand and is not relative to tax. When there's low supply, there 'll be high demand which in turn inflates the price of goods but this doesn't mean automatic increase in vat.
Take Garri for example, garri is now more expensive than it should ever be, what sense is there to increase tax on garri when there's already increase in price of transportation and logistics of the garri and the purchasers have low purchasing power? Increasing tax will only make sense when you increase their salary, that's how it works. Imported goods are cleared by paying import duties, this duties are added to the cost of goods by the importers and then distributed and like that it's covered in bits by the consumers. So each time you purchase anything you pay tax. Now increasing tax automatically cos there's an increase in price is not relative. Tax is relative to purchasing power and where goods are subsidized. The UK, US, Canada subsidize a lot for their citizens and get it back by taxing them. Now this tax is higher for those in the higher class than lower class.

I shudder at how you write a lot of nonsense confidently! You're clueless yet you are the most active!
So high income earners don't pay higher taxes in Nigeria (but only in UK US...)? VAT is not related to price of goods?what is VAT then? So what is inflation? Was tax rate (either VAT or other ones) increased in Nigeria? So US, UK, Canada that recently experienced high inflation slashed their VAT equivalent because
there's inflation?
Your comrades also writing balderdash! Like supporters, like candidate! Empty!

Nonsense, the common man does not see the effects of all these increases.

haybhi1:
Obviously, Tinubu and Obi are never mates. It's just agenda pitting that failure of a leader Obi against Tinubu, when considering Anambra and Lagos under each's berth respectively.

However, Tinubu has been short of expectation with the presidency so far. I will look to see how he fares by the end of this tenure. I don't see his reelection if things continues this way. I just would never like to see Obi come close to the presidency. That man is just not it, he was never even it as Anambra governor. https://www.nairaland.com/870945/what-exactly-peter-obi-doing
I don't make things up and nor am I a bigot. I don't need to live there if the residents have these to say—please see that link. Are you aware that people were leaving Anambra for Lagos on a steady—some of my Igbo friends actually celebrated leaving Anambra to Lagos during Obi's tenure?I know you likely don't live and have never been in Lagos, else you won't ask that question.
https://www.nairaland.com/7176682/tinubus-achievements-lagos-governor
Go through this link; I was born and live in Lagos—bar tertiary institution that took my away briefly. So it's first-hand experience I speak with when I do.

https://www.nairaland.com/8070777/reno-posts-pictures-schools-initiated
The first picture/school in this link was the JSS school I attended at Egbeda in the 2000s, and I bet you it was extremely up to par with any in the country. The good thing was >½ of all the students and staff in that school comprised students from other states—many of my friends were Igbos, in fact.

Seems this will be my last response to you. Look not everyone is nepotic/bigot or those terms. I am very much open-minded and frank and criticize whoever when due; I care less of whose ox is gored in the face of truth. I don't Osinbanjo to tangible achievements either.
I rate prof Soludo a lot, for his achievements as CBN governor. I rate that previous Ebonyi governor, prof Umahi, a lot for his work in the state. I don't rate Obi at all for his subpar deeds as a governor. If these go against most of the governors today as President, I'll pick Soludo if no opponent is worthier.

You should deduce my ideology well enough through this.

I asked a question what tangible thing did Tinubu do as a governor you da give me link
Because I am pretty sure Lagos was even the capital of Nigeria .
A capital of a country most times is been invested heavily onand that is why we have many tribes and population present in Lagos.
Tinubu did what
Is it the tax or toll gate or what exactly
And if you are a graduate, How can you support someone that didn't really attend a secondary school?
Someone that has numerous controversies on his Education?

Mr Tola is a farmer. At the end of the season he harvested 100 tubers of Yam. He called his children and said I will give you first right of refusal to buy at N1000 each. They were happy. Mr Tola was happy also because he made some profits. Win-Win. Next season he harvested same 100 tubers of Yam. He told them that inflation (as a result of devaluation) affected the inputs he used. He raised the price to N2000 per tuber of yam. 3 of his 10 children could not afford and went on to starve. The other 7 bought less yams. At the end of first season he made N100,000. (100x1000). At the end of the second season he sold 60 tubers to those who could afford and made N120,000 (60x2000). 40 tubers were left to rot away. Should Mr Tola be throwing a party that he made more money while some of his children are starving?

haybhi1:
Obviously, Tinubu and Obi are never mates. It's just agenda pitting that failure of a leader Obi against Tinubu, when considering Anambra and Lagos under each's berth respectively.

However, Tinubu has been short of expectation with the presidency so far. I will look to see how he fares by the end of this tenure. I don't see his reelection if things continues this way. I just would never like to see Obi come close to the presidency. That man is just not it, he was never even it as Anambra governor. https://www.nairaland.com/870945/what-exactly-peter-obi-doing
I don't make things up and nor am I a bigot. I don't need to live there if the residents have these to say—please see that link. Are you aware that people were leaving Anambra for Lagos on a steady—some of my Igbo friends actually celebrated leaving Anambra to Lagos during Obi's tenure?I know you likely don't live and have never been in Lagos, else you won't ask that question.
https://www.nairaland.com/7176682/tinubus-achievements-lagos-governor
Go through this link; I was born and live in Lagos—bar tertiary institution that took my away briefly. So it's first-hand experience I speak with when I do.

https://www.nairaland.com/8070777/reno-posts-pictures-schools-initiated
The first picture/school in this link was the JSS school I attended at Egbeda in the 2000s, and I bet you it was extremely up to par with any in the country. The good thing was >½ of all the students and staff in that school comprised students from other states—many of my friends were Igbos, in fact.

Seems this will be my last response to you. Look not everyone is nepotic/bigot or those terms. I am very much open-minded and frank and criticize whoever when due; I care less of whose ox is gored in the face of truth. I don't Osinbanjo to tangible achievements either.
I rate prof Soludo a lot, for his achievements as CBN governor. I rate that previous Ebonyi governor, prof Umahi, a lot for his work in the state. I don't rate Obi at all for his subpar deeds as a governor. If these go against most of the governors today as President, I'll pick Soludo if no opponent is worthier.

You should deduce my ideology well enough through this.

How would you ever compare the development of Lagos with that of Anambra state. I have lived in Lagos far longer than you and I know Lagos completely. I attended all my schools in different parts of Lagos, including Lagos Island. There has never been a time that the development of the two states became at par.

You must first ask in history about Lagos and its development. Again in history, the evolution of Lagos as a state and how far it has gone. Lagos must be compared the Johannesburg and then you can ask if it has been properly developed when compared which such big cities.

Why not compare Anambra state with Bauchi, Borno, Ondo, Plateau and Oyo states? These states were created in 1976. Rivers state was created in 1967, yet Anambra state is far ahead in terms of development, even with the lesser IGR.

Lagos was created as a state in 1967. Before then, it had been well developed with good infrastructures like roads, electricity, railway, etc. Lagos was the seat of political power, such that aside from that it was the seat of national commerce. Anambra became a state in 1976, with the capital in Awka and a far less budget than that of Lagos. Development was hampered by the same military leaders then who thought it proper to embezzle the state’s resources. Awka as a capital was a glorified village until the coming of Obi.

Lagos as of the 1950s had very solid transport network, with the likes of Marcopolo buses running side by side with LMTS (Lagos municipal transport company).

Tinubu was handed a thriving state by Buba Marwa. All he needed to do was to improve on what he met. There are too many images of Lagos before Tinubu and after Tinubu. Lekki area was already developing after Raji Rasaki destroyed Maroko and attached it as Victoria Island annex.

Have you asked for images of Awka before and after Obi?

APC started the talk of true federalism. With the vast sums of gas in Anambra and Imo state, if allowed to thrive by thieving politicians, Anambra state would be better positioned.

If you take your time to remove your bias, then you can see all the achievements of Obi within the given space of time. By the way Anambra state does not start and end in Awka. It’s just like saying Lagos state starts and ends in Ikeja, the capital.

Why starve the masses in the name of tax money generating.You take from the people by all means to fill your coffers and expect them to clap for you.We are not interested abeg

He did same in Lagos!

Trademarks: Inflation, Taxes & Double Taxes, high custom duties, High cost of living...all at the expense of the masses.

U go dey hear money, revenue, income, but no true reflection of same on the people's standard of living!

The more you look, the less you see! Nigerians kinda understand apc's propaganda.

Nigeria under Tinubu is like those banks that were declaring billions of Naira as PAT until CBN under Soludo asked them to Recapitalise to common ₦25Bn. I boy, come see real wahala!

it's not as if any substaantial progress was made in the economy. it was because things got more expensive.

if you buy meatpie for N50 and N400, where will you pay more tax?

rubbish agbado news

Dee60:
Mr Tola is a farmer. At the end of the season he harvested 100 tubers of Yam. He called his children and said I will give you first right of refusal to buy at N1000 each. They were happy. Mr Tola was happy also because he made some profits. Win-Win. Next season he harvested same 100 tubers of Yam. He told them that inflation (as a result of devaluation) affected the inputs he used. He raised the price to N2000 per tuber of yam. 3 of his 10 children could not afford and went on to starve. The other 7 bought less yams. At the end of first season he made N100,000. (100x1000). At the end of the second season he sold 60 tubers to those who could afford and made N120,000 (60x2000). 40 tubers were left to rot away. Should Mr Tola be throwing a party that he made more money while some of his children are starving?

according to tinubu, yes. we should all celebrate

AqualinaXYZ:



Tinubu is the most useless human alive

he wan use statistics deceive us

mannobi:
You can't take that fact away from Tinubu. He knows how to generate money.

you never see something. when you understand what is going on, you will be ashamed of this post.

AqualinaXYZ:
Thats what Tinubu is good at



Tax tax tax tax tax without putting money on good use



Kill them with tax and embezzle the money

You can't develop without generating revenue. Lazy leaders sit idle and share income from oil. Intelligent and hard working leaders generate revenue and use it for development even if some of them a filtered away.

Lagos can do what they are doing because they generate heavy revenue.

Spuggie:
Audio.

Tinubu please, wake up to your responsibilities.

The least you can do, leave the state of the nation the way you met it.

Are Nigerians better off today than the were on May 28, 2023?

Your guess is as good as mine.

what responsibility? the only thing tinubu is responsible for now is how to urinate without making a mess of himself.

Nightwolf1:
And idiots are wondering why prices of goods and services aren't reducing..

This is one of the areas they are using to make Nigerians paupers.😋😋😋😋

Value Added Tax. More money for the thieves in Govt, more Nigerians fall into abject poverty with low purchasing power.

REDUCE THEIR PURCHASING POWER

James91:
Tax collector, that this president knows how to do best, he did it in Lagos, now doing it in country, tell me how this tax takes affect the citizens, only the Big Men enjoys his presidency, nothing for the poor.

taxes are meant to be paid by poor people.

Buccalcavity2:

I shudder at how you write a lot of nonsense confidently! You're clueless yet you are the most active!
So high income earners don't pay higher taxes in Nigeria (but only in UK US...)? VAT is not related to price of goods?what is VAT then? So what is inflation? Was tax rate (either VAT or other ones) increased in Nigeria? So US, UK, Canada that recently experienced high inflation slashed their VAT equivalent because
there's inflation?
Your comrades also writing balderdash! Like supporters, like candidate! Empty!

Keep projecting...

I didn't at any point say Nigerian don't have high tax brackets, increase in vat is not relative to increase in price, that's what I said. You don't increase tax because of inflation or increase in price of goods and service. Common economics u dey speak plenty grammar.

But these so-called gains are not making Nigerians' lives better.

Rather there is more suffering and hunger.

mannobi:
You can't take that fact away from Tinubu. He knows how to generate money.

Lolz
By tax every goat and fowl while the people suffer🤣
Any goat or fowl can do this.

Why hasn't he increased minimum till now?

This was what he did in Lagos. Tax tax and tax and then embezzle everything

haybhi1:
Obviously, Tinubu and Obi are never mates. It's just agenda pitting that failure of a leader Obi against Tinubu, when considering Anambra and Lagos under each's berth respectively.

However, Tinubu has been short of expectation with the presidency so far. I will look to see how he fares by the end of this tenure. I don't see his reelection if things continues this way. I just would never like to see Obi come close to the presidency. That man is just not it, he was never even it as Anambra governor. https://www.nairaland.com/870945/what-exactly-peter-obi-doing
I don't make things up and nor am I a bigot. I don't need to live there if the residents have these to say—please see that link. Are you aware that people were leaving Anambra for Lagos on a steady—some of my Igbo friends actually celebrated leaving Anambra to Lagos during Obi's tenure?I know you likely don't live and have never been in Lagos, else you won't ask that question.
https://www.nairaland.com/7176682/tinubus-achievements-lagos-governor
Go through this link; I was born and live in Lagos—bar tertiary institution that took my away briefly. So it's first-hand experience I speak with when I do.

https://www.nairaland.com/8070777/reno-posts-pictures-schools-initiated
The first picture/school in this link was the JSS school I attended at Egbeda in the 2000s, and I bet you it was extremely up to par with any in the country. The good thing was >½ of all the students and staff in that school comprised students from other states—many of my friends were Igbos, in fact.

Seems this will be my last response to you. Look not everyone is nepotic/bigot or those terms. I am very much open-minded and frank and criticize whoever when due; I care less of whose ox is gored in the face of truth. I don't Osinbanjo to tangible achievements either.
I rate prof Soludo a lot, for his achievements as CBN governor. I rate that previous Ebonyi governor, prof Umahi, a lot for his work in the state. I don't rate Obi at all for his subpar deeds as a governor. If these go against most of the governors today as President, I'll pick Soludo if no opponent is worthier.

You should deduce my ideology well enough through this.

Lolz
That u rate soludo that have achieved nothing above obi made u a big bigot.
Anambra educational system is top today thanks to Peter obi but u are choosing soludo over him🤣🤣
U are a bigot
EOD

Cantonese:
How would you ever compare the development of Lagos with that of Anambra state. I have lived in Lagos far longer than you and I know Lagos completely. I attended all my schools in different parts of Lagos, including Lagos Island. There has never been a time that the development of the two states became at par.
...

Of a truth, I've never met an Igbo man as statistical, constructive, responsible, and polite online. Kudos on your analysis. That's how convo should look. Clear analysis and devoid of the kinetics known of Obidients.
However, I'm quite sure it would have been interesting and enlightening to engage you, share our diverse opinions, but I'm quite busy. I respect your view to a degree, chief. Gracias 🤝🤝

Rubbish talk

Daystar7:


Keep projecting...

I didn't at any point say Nigerian don't have high tax brackets, increase in vat is not relative to increase in price, that's what I said. You don't increase tax because of inflation or increase in price of goods and service. Common economics u dey speak plenty grammar.

Nobody increased tax! Read the article again.
VAT rose under Tinubu. A trend that was observed!
Not Tinubu increased VAT!
How can you say VAT is not related to price increase after reading that article
You don't have to comment.

Does this country look like it's making more money?

Cantonese:



How would you ever compare the development of Lagos with that of Anambra state. I have lived in Lagos far longer than you and I know Lagos completely. I attended all my schools in different parts of Lagos, including Lagos Island. There has never been a time that the development of the two states became at par.

You must first ask in history about Lagos and its development. Again in history, the evolution of Lagos as a state and how far it has gone. Lagos must be compared the Johannesburg and then you can ask if it has been properly developed when compared which such big cities.

Why not compare Anambra state with Bauchi, Borno, Ondo, Plateau and Oyo states? These states were created in 1976. Rivers state was created in 1967, yet Anambra state is far ahead in terms of development, even with the lesser IGR.

Lagos was created as a state in 1967. Before then, it had been well developed with good infrastructures like roads, electricity, railway, etc. Lagos was the seat of political power, such that aside from that it was the seat of national commerce. Anambra became a state in 1976, with the capital in Awka and a far less budget than that of Lagos. Development was hampered by the same military leaders then who thought it proper to embezzle the state’s resources. Awka as a capital was a glorified village until the coming of Obi.

Lagos as of the 1950s had very solid transport network, with the likes of Marcopolo buses running side by side with LMTS (Lagos municipal transport company).

Tinubu was handed a thriving state by Buba Marwa. All he needed to do was to improve on what he met. There are too many images of Lagos before Tinubu and after Tinubu. Lekki area was already developing after Raji Rasaki destroyed Maroko and attached it as Victoria Island annex.

Have you asked for images of Awka before and after Obi?

APC started the talk of true federalism. With the vast sums of gas in Anambra and Imo state, if allowed to thrive by thieving politicians, Anambra state would be better positioned.

If you take your time to remove your bias, then you can see all the achievements of Obi within the given space of time. By the way Anambra state does not start and end in Awka. It’s just like saying Lagos state starts and ends in Ikeja, the capital.

Guys stop making excuses for failure! If it was by state creation period. Osun will be happy to always under perform Katsina in IGR! Lagos growth is measurable and there are other miracles around us (maybe not profound enough to excite some of us but still progress)
I lived in Lagos during BAT and Anambra during PO.
difference is clear!
6m turning to 14b monthly is not from wishful thinking nor from predecessor. Ogun,Kaduna... did same right before us.
But for Soludo, what will you call Anambra development plan when our brother left? Which Awka became beautified during PO? What project was giving citizens hope to increase economic fortune of the state (GDP or IGR) when PO was there. Like LCC Lekki road in Lagos, Eko Atlantic city, free trade zone...

Basically less than 200 million dollars. Chicken change

Nice one by Tinubu.
May this government favor me and my family

Buccalcavity2:

Guys stop making excuses for failure! If it was by state creation period. Osun will be happy to always under perform Katsina in IGR! Lagos growth is measurable and there are other miracles around us (maybe not profound enough to excite some of us but still progress)
I lived in Lagos during BAT and Anambra during PO.
difference is clear!
6m turning to 14b monthly is not from wishful thinking nor from predecessor. Ogun,Kaduna... did same right before us.
But for Soludo, what will you call Anambra development plan when our brother left? Which Awka became beautified during PO? What project was giving citizens hope to increase economic fortune of the state (GDP or IGR) when PO was there. Like LCC Lekki road in Lagos, Eko Atlantic city, free trade zone...

You make me laugh bro.

But you are giving excuses to drive home your point. Have I made the wrong statistics or comparison?

The point remains that there is no basis for comparing the two states, seeing that Lagos had the better advantages in terms of evolution and finance. You think Lagos is termed the "most populous city" for nothing?

With the likes of Aregbesola and Fayemi, why have those states not fared like Lagos State? Why are Sokoto, Bauchi and Borno, still suffering large scale underdevelopment?

Abuja became the administrative capital in 1991. It was carefully planned and developed. Why has it become such a developed city in such a short time, looking more beautiful than Kano and Rivers State?