₦airaland Forum

Heavensake1:
Why is northern governors against it? Why should they determine the withdrawal?

HgAkpobomeEr:
The bills will stay and pass.

CrossRhodes:
You are making his point.
They have seen it, consulted with nigerians and hardship is much.
So it will be rejected

Abi you didn't read the article?

tundegan:
Tinubu should just focus on educating the populace on the need for the tax reform.

When people understand the benefits, they will support it.

Zooposki:
We from the South need to separate from this people. If not, development will be hard for us. Let them go and practice their sharia in peace.

adanny01:
I am sure you have no idea what this tax bill entails. It will end in tax for food that you currently dont pay.

As a local farmer in your back yard, govt can come for tax.

You think its about northerners vs southerners, its far from that. Its just serious tax for Nigerians.

Even before he became became president, he said "let’s widen the tax net". The bill is about widening the tax net to things that are currently exempted from tax, no 1 in the list is farm produce.

Zooposki:
Why won’t you pay taxes on your profits/earnings? Food is VAT Exempt.

Zooposki:
We from the South need to separate from this people. If not, development will be hard for us. Let them go and practice their sharia in peace.

mrvitalis:
There is no South in Nigeria please

We have 6 zones be specific... I trust some northerners more than some southerners

CrossRhodes:
You are making his point.
They have seen it, consulted with nigerians and hardship is much.
So it will be rejected

Abi you didn't read the article?

LegendHero:
Ndume own no pass to dey talk without action.

The tax bill shall pass. All his noise hold no substance coz even him will vote Yes to the bill when the time comes.

By the way, I don’t want to say a whole Senator is mentally handicapped. Where did he see in the bill that FG is taxing people more? If not mental problem, how will the north not be able to afford to pay tax when the bill basically is still going to retain current tax percentage paid by average Nigerians?

Kukutente23:
The VAT rate will increase
Also new taxes are being codified like radio tax

Lanruze:
The Tax Reform bill which is one of the most carefully crafted document and impressive tax collection proposal will go down as the second (2nd) biggest achievement of the PBAT led Administration after the Local Government autonomy bill.

The Taiwo Oyedele led Tax reform committee did a fantastic one (1) year detailed proposal to the President in ensuring that a fair " Derivative" based tax model is adopted in Nigeria.

I watched Seun Okinbaloye's interview with Senator Alli Ndume and I weep for the kind of leaders been produced from the North. It's a shame that a high ranking Senator and respected one would come on National TV and boast that a document he has not read is "dead on arrival".

Enough of the "feeding bottle" model of resource sharing in Nigeria.

Most initiatives or proposal that encourage creative thinking and equitable resource allocation is always resisted by the lazy and unproductive Governors and Elite.

I totally support the implementation of the Tax Reform bill as it will improve healthy competition amongst states whilst encouraging creative ways of generating revenue.

VAT is a consumption tax and would be earned by states where the consumption takes place.

British American Tobacco (BAT) products are one of the the most heavily taxed with a significant chunk of the consumption in the core North.

Similarly the Fintechs with mobile money operations are also taxed and the VAT earned by originating states.

What is Alli Ndumes problem and his northern misguided lots ?

The North shouldn't trigger the polity please.

adanny01:
VAT is not for profit/earnings.

VAT is consumption tax. VAT is the tax you pay when you buy a goods or service. Why is there a VAT exemption on food? Its actually a form of subsidy. It this tax bill passes, those states that produce goods and services in large scale which are on tax exempt will be missing out on the VAT revenue even when the other states that their produce is not on VAT exempt will be cashing out even when consuming the goods and services that are VAT exempted.

The bill will cause an agitation to remove all VAT exemptions thereby causing us to pay more VAT. That is direct increase in hardship for Nigerians no matter the state you are.

Lithiumite:
You screaming hardship is much,how much tax do you pay to the govt yearly and do you even have any idea about the tax reform bill being talked about....the poorest people down the ladder are even tax exempt but the rich gets taxed more and revenue sharing would be derivation based,that's the main reason the north is opposing the bill because they would no longer be getting free allocations from VAT,you only get what you bring to the table.....imagine Kano with the highest number of LGAs of 44 not generating a penny from them in 2023 but collecting far more allocation than cross river and Edo who are in the niger delta where oil comes from.

Lithiumite:
Essential commodities are tax exempt and many people would live without buying goods or services with VAT.

If you want do big boy,pay for it.....farmers have been suffering for long by being paid peanuts for their produce while middlemen are living fat in the cities to their detriment.....now I see farmers earning millions and they are happy about it.

galantjoe:
There are direct and indirect incidence of tax. Those big boys will pay the tax as you rightly said which is direct incidence of tax. They will then shift the burden to those peasants or low class citizens which will finally bear the tax.

CrossRhodes:
I actually have a Tax Identification number.
do you?

odejimioflagos:
Tinubu should not withdraw the bills.

Let the lawmakers do their job and scrutinize the bills. If they find it beneficial to the country, they should pass it. If they find it detrimental, they should reject it.

Simple.

Lanruze:
The Tax Reform bill which is one of the most carefully crafted document and impressive tax collection proposal will go down as the second (2nd) biggest achievement of the PBAT led Administration after the Local Government autonomy bill.

The Taiwo Oyedele led Tax reform committee did a fantastic one (1) year detailed proposal to the President in ensuring that a fair " Derivative" based tax model is adopted in Nigeria.

I watched Seun Okinbaloye's interview with Senator Alli Ndume and I weep for the kind of leaders been produced from the North. It's a shame that a high ranking Senator and respected one would come on National TV and boast that a document he has not read is "dead on arrival".

Enough of the "feeding bottle" model of resource sharing in Nigeria.

Most initiatives or proposal that encourage creative thinking and equitable resource allocation is always resisted by the lazy and unproductive Governors and Elite.

I totally support the implementation of the Tax Reform bill as it will improve healthy competition amongst states whilst encouraging creative ways of generating revenue.

VAT is a consumption tax and would be earned by states where the consumption takes place.

British American Tobacco (BAT) products are one of the the most heavily taxed with a significant chunk of the consumption in the core North.

Similarly the Fintechs with mobile money operations are also taxed and the VAT earned by originating states.

What is Alli Ndumes problem and his northern misguided lots ?

The North shouldn't trigger the polity please.

tundegan:
Tinubu should just focus on educating the populace on the need for the tax reform.

When people understand the benefits, they will support it.

Zooposki:
Did I say VAT is TAX on profits/Earnings?

The farmers should sell their crops at a nice profit and pay their taxes on the profits/earnings. Why should they clamor for VAT again? Are they selling their goods for free? If they don’t want to sell we will grow our foods in the south and import the rest. They can sell their foodstuffs to Niger and ask the Niger government to give them their VAT money, but the Nigerian government will still tax them on their profits/earnings.

Why won’t you pay taxes on your profits/earnings?

adanny01:
This is what you said. And I am telling you that that is not the issue at all. It is not tax on profit or earnings that this bill is about, it is VAT. VAT is a different tax to income tax. If you get a contract today you will see 2 tax, normally refered to as VAT and Tax. VAT is consumption tax and the other Tax is income tax. You will be charge for both.

Back to the topic, you think because Northerners are the ones talking, this bill will not affect the south? Particularly the South South. Exon mobil for instance, operates in the South South but their corporate office is in Lagos, their VAT is paid in Lagos and when this bill succeeds, it is Lagos state that will get a percentage of their VAT. That is an unfair displacement of the revenue of South South to the South west. The same thing applies for everything produced by companies in all states but the company corporate HQ in Lagos pays the VAT while Lagos collects the huge percentage.

The bill actually favours mainly Lagos state followed by Ogun state.

Okoroawusa:
You have absolutely no idea what you are talking about