₦airaland Forum

happney65:
It is the Legislature that wants to increase VAT and not the Executive? I don't understand

I thought Mr oyedele already said no further VAT increase for now?

Issokay,we go pass am to the customers too ni. It's gabbage in,gabbage out.

Simple as ABC!

helinues:
Toh

ijustdey:
https://www.thecable.ng/nassembly-considering-bill-seeking-to-increase-vat-from-7-5-to-10-by-2025/amp/

helinues:
Toh

Pluto33:
This people in leadership positions are just courting spontaneous uprising from the people....keep pressing the hapless, suffering people till it happens and when it does, the uprising shall swallow them all..

Jostoman:
Until when Nigerians will start to dey Stone you people for road before Una go stop Una wickedness.

helinues:
Toh

VanuatuWycombe:
Long long over due.

Just that many of these policies are happening at the same time which could affect the masses.

Our government has spoilt us right from independence. Now it’s tough to take the baby feeder away from our mouth, even though we have grown to be adults.


5% VAT can’t cut anything or oil anything on the wheel of development.

Most of those developed nations we envy are on between 15% to 25% VAT.

Lowering CIT further is a good development. It well companies to retain more for either distribution to their shareholders or for expansion. It could also attract foreign investors.

What is left for we citizens is to hold our leaders and all civil servants accountable. We need to make sure we get value for all these deductions.

It’s a pity that when these high taxes and allocations are shared among states, most of our state governors will l00t them.

Our civil servants too will mas.sacre what’s left and carry out mediocre projects.

It may only improve a bit, in the long run, but Nigeria can NEVER get to the state countries like common Portugal, Spain, Poland, Czech Republic etc are again.

Before the last trumpet sounds, if we are able to develop to the level of current Brazil or Lithuania, we should thank our God.

The only solution is for ALL of us to turn a new leave and flee from being corrupt which can NEVER happen.

☹️☹️

VanuatuWycombe:
Long long over due.

Just that many of these policies are happening at the same time which could affect the masses.

Our government has spoilt us right from independence. Now it’s tough to take the baby feeder away from our mouth, even though we have grown to be adults.


5% VAT can’t cut anything or oil anything on the wheel of development.

Most of those developed nations we envy are on between 15% to 25% VAT.

Lowering CIT further is a good development. It well companies to retain more for either distribution to their shareholders or for expansion. It could also attract foreign investors.

What is left for we citizens is to hold our leaders and all civil servants accountable. We need to make sure we get value for all these deductions.

It’s a pity that when these high taxes and allocations are shared among states, most of our state governors will l00t them.

Our civil servants too will mas.sacre what’s left and carry out mediocre projects.

It may only improve a bit, in the long run, but Nigeria can NEVER get to the state countries like common Portugal, Spain, Poland, Czech Republic etc are again.

Before the last trumpet sounds, if we are able to develop to the level of current Brazil or Lithuania, we should thank our God.

The only solution is for ALL of us to turn a new leave and flee from being corrupt which can NEVER happen.

☹️☹️

Inspirer1:
Sincerely, these people don't care...

I don't know what wrong we've done to deserve all these....