₦airaland Forum

BluntCrazeMan:
They were squandered and embezzled (even by the third-party collectors of the taxes) because there is no accurate data to track the Taxes from the Source to their various destinations.

---

YESS..
The amount of leakages in the economy accounts for up to 56% losses Year-On-Year.
((This is the reason some people would always say “the economy is bleeding”.. It means that lots of leakages into private pockets are happening, and they were not even noticed.

---

Read the responses I have given above.

You can now choose to rephrase your No-3 question if you're not still not satisfied.

1. how is lack of data responsible for squandering and embezzling taxes?

b. are you saying that all taxes that made it to their destination were never and have never been embezzled and squandered?

2. if there is no data, how did you arrive at your 56%?

b. how is lack of data responsible for leakages into private pockets and the present abysmal state of the economy?

3. I have read what you have written above. how does it answer the question....What is the benefit of all this data you are talking about?

lexy2014:
1. how is lack of data responsible for squandering and embezzling taxes?

b. are you saying that all taxes that made it to their destination were never and have never been embezzled and squandered?

2. if there is no data, how did you arrive at your 56%?

b. how is lack of data responsible for leakages into private pockets and the present abysmal state of the economy?

3. I have read what you have written above. how does it answer the question....What is the benefit of all this data you are talking about?

In order to respond fully, I would require to write long epistles..

I can see you don't want summarized responses.

BluntCrazeMan:
In order to respond fully, I would require to write long epistles..

I can see you don't want summarized responses.

whatever you can write is ok by me. Am not sure these questions require too much grammar

1. how is lack of data responsible for squandering and embezzling taxes?

b. are you saying that all taxes that made it to their destination were never and have never been embezzled and squandered?

2. if there is no data, how did you arrive at your 56%?

b. how is lack of data responsible for leakages into private pockets and the present abysmal state of the economy?

3. I have read what you have written above. how does it answer the question....What is the benefit of all this data you are talking about?