₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,330,630 members, 8,446,351 topics. Date: Thursday, 16 July 2026 at 12:35 PM

Toggle theme

What Taiwo Oyedele Actually Said About VAT - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsWhat Taiwo Oyedele Actually Said About VAT (9903 Views)

1 2 Reply (Go Down)

What Taiwo Oyedele Actually Said About VAT by naptu2(op): 6:46am On Sep 04, 2024
Taiwo Oyedele @taiwoyedele

The same interview, very different reportage and choices of headlines. Bad news sells faster, so some journalists will spin any news just to sell. Some of the quotes attributed to me in some of the reports are not my words.

My committee's proposal for VAT is to reduce the rate to zero per cent (0%) for food, health, education, and exemption for rent, transportation, and small businesses. Our data shows that these are the areas where the average person spend almost all their income, meaning their VAT burden will reduce. The upward rate adjustment is on other items to partly offset the reduction in rate and exemption for basic consumptions ensuring that the masses are protected.

See the link to the full interview here and draw your own conclusions:


https://www.youtube.com/watch?v=36ww2Uy-uF8?si=l1kqCTIn5yxCxTTY

Re: What Taiwo Oyedele Actually Said About VAT by naptu2(op): 6:46am On Sep 04, 2024
Previous thread:

We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee
https://www.nairaland.com/8203008/proposing-law-increase-vat-10
Re: What Taiwo Oyedele Actually Said About VAT by joseph1832(m): 6:49am On Sep 04, 2024
3
Re: What Taiwo Oyedele Actually Said About VAT by Lindlady(f): 6:53am On Sep 04, 2024
Still saying the same thing. Tinubu is here to loot like never seen before. If you think Tinubu is after the good of Nigeria, Then you are deluded. No opposition in Nigeria.
Re: What Taiwo Oyedele Actually Said About VAT by ATEAMS: 7:08am On Sep 04, 2024
You will have days where you feel better, and you will have days where you want to die. Both are okay. There is no magical cure. You just need to close your eyes, and trust that the waves will pass, and soon you'll be able to breathe again.
Re: What Taiwo Oyedele Actually Said About VAT by HungerDey: 7:08am On Sep 04, 2024
You guys lie too much so whatever lies the media tells against the evil government Nigerians will run with it.

However I still do not believe his comments were twisted by the media because these guys are selected liars
Re: What Taiwo Oyedele Actually Said About VAT by oluwaseyi0:
Government is directly the one making some food item expensive

Rice of bag is selling for around 50k around imeko and border,

Government should remove tax on food and allowed a massive control food importation
Re: What Taiwo Oyedele Actually Said About VAT by Neduzoma123456: 7:09am On Sep 04, 2024
This Nigeria Government is magical. cool

Good at performing tricks and voo-doo ! grin
Re: What Taiwo Oyedele Actually Said About VAT by kheny12(m): 7:09am On Sep 04, 2024
Upon all this suffering and pain the masses are facing. Some useless people's want the government to increased the VAT to 10%.This country needs total cleaning. Tinubu is not a leader but a scammer.
Re: What Taiwo Oyedele Actually Said About VAT by Parydelegate: 7:09am On Sep 04, 2024
Ok
Re: What Taiwo Oyedele Actually Said About VAT by Lifestone(m): 7:10am On Sep 04, 2024
Lindlady:
Still saying the same thing. Tinubu is here to loot like never seen before. If you think Tinubu is after the good of Nigeria, Then you are deluded. No opposition in Nigeria.
How are they the same? You are only hearing what you want to hear. Simple
Re: What Taiwo Oyedele Actually Said About VAT by NaijaNaWaa: 7:10am On Sep 04, 2024
The dude is being clever by half.
Re: What Taiwo Oyedele Actually Said About VAT by BlueRayDick: 7:10am On Sep 04, 2024
Since APC came to power , SPEECH RENOVATION became a major thing .

Government officials will make a statement/speech and they will have to release another statement/speech to clarify what they mean in the original one .

Eventually , when things play out in the nearest future , you will discover the official was never misquoted ; he meant what he said originally and those that reported it the way they did initially actually weren’t wrong .

We’ve seen it happen over and over again.
Re: What Taiwo Oyedele Actually Said About VAT by Neduzoma123456: 7:11am On Sep 04, 2024
I thought they said , TINUBU is rich and doesn't need more money.

This was one of the slogans of his supporters during campaign...lmao grin
Re: What Taiwo Oyedele Actually Said About VAT by zombieHUNTER: 7:13am On Sep 04, 2024
Tinubu is here to bankrupt the country

The man is a certified failure

Anything he touches dies

Expect Naira to be 2k to a dollar before December

Buhari left it at 700 as bad as he was
Re: What Taiwo Oyedele Actually Said About VAT by Ebinpawo1: 7:14am On Sep 04, 2024
I have warned that NNPC shouldn't be allowed to come near Dangote Refinery.

The fraud and corruption in NNPC stinks.
Re: What Taiwo Oyedele Actually Said About VAT by kripen(m): 7:15am On Sep 04, 2024
Everybody should be ready to conform to the consequential adjustment of the times of Nigeria.
Re: What Taiwo Oyedele Actually Said About VAT by Taich(m): 7:17am On Sep 04, 2024
Lifestone:
How are they the same? You are only hearing what you want to hear. Simple
I don't know if I am missing something, he said they are proposing to reduce VAT on some items(food,transport,rent ) to zero and increasing VAT on everyother thing to 10%. If the above was what he said, how is any of the headline wrong?
Re: What Taiwo Oyedele Actually Said About VAT by Bobloco: 7:18am On Sep 04, 2024
Mr Taiwo is just being clever by half

The bottom line is that VAT will still be increased
Re: What Taiwo Oyedele Actually Said About VAT by dacool1(m): 7:18am On Sep 04, 2024
This government has perfected the act of divide and rule.

This is the same thing they did with electricity tariffs. Some section will pay higher first then gradually increase every sectors. Same with petrol.

Nigerians are too docile!!
Re: What Taiwo Oyedele Actually Said About VAT by Lifestone(m): 7:21am On Sep 04, 2024
Taich:
I don't know if I am missing something, he said they are proposing to reduce VAT on some items to zero and increasing VAT on other things to 10%. If the above was what he said, how is any of the headline wrong?
It's wrong headline because there are reduction more on items that affect the Masses, while the increment is to affect luxury items mainly. In other words, they are getting more from the rich to take care of the poor. That makes sense to me.
Re: What Taiwo Oyedele Actually Said About VAT by Confirm4real(m): 7:24am On Sep 04, 2024
Just like the Devil huh






He give you with right hand and collect back with left hand cheesy
Re: What Taiwo Oyedele Actually Said About VAT by Lanretoye(m): 7:25am On Sep 04, 2024
For every news there is APC version and then there is a concocted version from the pit of some people’s hell,enemies of the country and the people,people who wants the country to burn simply because they lost.
Re: What Taiwo Oyedele Actually Said About VAT by Kelklein(m): 7:28am On Sep 04, 2024
..My committee's proposal for VAT is to reduce the rate to zero per cent (0%) for food, health, education, and exemption for rent, transportation, and small businesses. Our data shows that these are the areas where the average person spend almost all their income, meaning their VAT burden will reduce. The upward rate adjustment is on other items to partly offset the reduction in rate and exemption for basic consumptions ensuring that the masses are protected.
since May 29 last year, everytime I hold 50k, fuel collects 35k inside. And this has been consistent to this day. You all are approaching this matter from the wrong place.. I thought this committee people are supposed to be smart. Fixing the fx is the only thing that would bring relief to Nigerians and Tinubu himself.
Re: What Taiwo Oyedele Actually Said About VAT by Kelklein(m): 7:36am On Sep 04, 2024
Bobloco:
Mr Taiwo is just being clever by half

The bottom line is that VAT will still be increased
exactly.. and something tells me Cybersecurity levy too would come back under a new nomenclature.. 🤔🤔
Re: What Taiwo Oyedele Actually Said About VAT by datola: 7:36am On Sep 04, 2024
We know you people!
Re: What Taiwo Oyedele Actually Said About VAT by mignone(f): 7:40am On Sep 04, 2024
Lifestone:
It's wrong headline because there are reduction more on items that affect the Masses, while the increment is to affect luxury items mainly. In other words, they are getting more from the rich to take care of the poor. That makes sense to me.
Awwww ...
Heeeyea ... what a caring government.
Re: What Taiwo Oyedele Actually Said About VAT by SmartyPants(m): 7:42am On Sep 04, 2024
Taich:
I don't know if I am missing something, he said they are proposing to reduce VAT on some items(food,transport,rent ) to zero and increasing VAT on everyother thing to 10%. If the above was what he said, how is any of the headline wrong?
The other headline made a false blanket statement. As he has explained, under the proposed regime, the average Nigerian will pay no VAT at all, as this is now reserved for luxury items. There, I have used my brain on your behalf since yours is a mere anatomical fixture. You're welcome.
Re: What Taiwo Oyedele Actually Said About VAT by SmartyPants(m): 7:44am On Sep 04, 2024
Neduzoma123456:
I thought they said , TINUBU is rich and doesn't need more money.

This was one of the slogans of his supporters during campaign...lmao grin
So VAT is for Tinubu? Are you people normal?
1 2 Reply

81% Of Working Nigerians Don’t Add Value To The Economy – Taiwo OyedeleMarketers Disagree With Taiwo Oyedele On Refineries Sale2023 Elections: What Atiku Abubakar Actually Said About Zoning And Age234

AIT Should Be Sanctioned For The Provocative DocumentaryGroup Commends Oshiomhole For Redeeming Apc’s ImageGet Over Your Electoral Defeat, Hon. Ben Kalu's Aide Mocks Chima Anyaso [VIDEO]