₦airaland Forum

W0rdOfYahuah:
I pray the scales of ignorance falls from your eyes. Have you wondered why despite having the power to print money, the Govt resorts to taxes for revenue?

Believeintruth:
If it is property tax, we have land use tax already. you and i know the resources we have.

mrvitalis:
I have said it here for over 2 years , property tax is what is used to fund bulk of budget around the world

Every state can earn 300 billion minimum yearly from property tax

Lagos and Anambra can earn trillions


And this would always wake the people up and get them more involved in politics

oluwaseyi0:
It will only increase house rent astronomically

mrvitalis:
I have said it here for over 2 years , property tax is what is used to fund bulk of budget around the world

Every state can earn 300 billion minimum yearly from property tax

Lagos and Anambra can earn trillions


And this would always wake the people up and get them more involved in politics

mrvitalis:
Which resources do you have exactly? Lmaoo

If you have resources Congo has what then
South Africa have what?

There is absolutely no resources we have that is economically viable that is not mined today

Nigerians are as ignorant as the leaders reason they get their and act shocked

mrvitalis:
I have said it here for over 2 years , property tax is what is used to fund bulk of budget around the world

Every state can earn 300 billion minimum yearly from property tax

Lagos and Anambra can earn trillions


And this would always wake the people up and get them more involved in politics

mrvitalis:
Bro go pick up an economics text book and stop disgracing yourself

Why don't u print receipt n use it to go collect goods

mrvitalis:
I have said it here for over 2 years , property tax is what is used to fund bulk of budget around the world

Every state can earn 300 billion minimum yearly from property tax

Lagos and Anambra can earn trillions


And this would always wake the people up and get them more involved in politics

mrvitalis:
I have said it here for over 2 years , property tax is what is used to fund bulk of budget around the world

Every state can earn 300 billion minimum yearly from property tax

Lagos and Anambra can earn trillions


And this would always wake the people up and get them more involved in politics

valentineuwakwe:
And your think property owners and landlords will not increase there rents to end users by 1000% when the tax comes into play?

malali:
The Neo-Colonialists will not stop till every single Nigerian is DEAD.

1-Remove oil subsidy, the country will get better

2-Float the Naira the economy will be perfect

3-Now they are advocating for property tax on every house.

Why did we vote for legislators when fiscal policies are implemented on the directive of IMF and World Bank ? Removal of fuel subsidy and floating the Naira without a legislative debate and agreement by majority constituents in the house of rep and senate.....was an illegal and impeachable act.

Abagworo:
You are as simplistic in knowledge of evonomics as our weak African leaders listening to IMF. Housing is extremely expensive in those countries paying high property tax while housing is cheap in Nigeria despite our higher deficiency. If Tinubu implements property tax then expect the anti people ripple effects as millions of homeless people will emerge. Next they will tell you how government is building relief low cost houses which in US they call "projects" for the homeless which can never be enough. Be careful what you wish for.

Believeintruth:
yes we have, but is the government making revenue from them? the answer is No. Look we need to fully harness the solid minerals and agric sector the latter for food security.

davidif:
Property taxes should be used at the local govt level and not the state level. The state and fed govt should focus on income or sales tax. That's how things work in some smart countries. People are more likely to agree with property taxes if it is charged by their local govt than the state govt.

Hotspurs:
wait oo thats true...we are suppose to debate it since we have rep

mrvitalis:
Lmaoo a 10% increase in rent won't kill anyone but the benefits would out way that

Abagworo:
The increase will be 500% like every aspect of our economy that IMF advice was implemented.

mrvitalis:
I have said it here for over 2 years , property tax is what is used to fund bulk of budget around the world

Every state can earn 300 billion minimum yearly from property tax

Lagos and Anambra can earn trillions


And this would always wake the people up and get them more involved in politics

malali:
The Neo-Colonialists will not stop till every single Nigerian is DEAD.

1-Remove oil subsidy, the country will get better

2-Float the Naira the economy will be perfect

3-Now they are advocating for property tax on every house.

Why did we vote for legislators when fiscal policies are implemented on the directive of IMF and World Bank ? Removal of fuel subsidy and floating the Naira without a legislative debate and agreement by majority constituents in the house of rep and senate.....was an illegal and impeachable act.

mrvitalis:
I have said it here for over 2 years , property tax is what is used to fund bulk of budget around the world

Every state can earn 300 billion minimum yearly from property tax

Lagos and Anambra can earn trillions


And this would always wake the people up and get them more involved in politics

Hemanwel:
Our leaders are quick to welcome and implement policies of the IMF that will further impoverish the Nigerian masses, but if the same IMF had advised that the government should reduce the cost of governance by reducing the salaries of the presidency and the senators, trim the cabinet members to the barest number, and so on, you'll see them distancing themselves from such advice.

The Structural Adjustment Program of the 80s by the IMF are programs that have impoverished the Nigerian people, which we have not recovered from till date

malali:
The bill was not passed in house of representatives
The bill was not passed in the senate
Tinubu just announced it like "morning after military coup"

Where is the democracy ?

WeddingParol:
I am not againt reasonable taxation in Nigeria but my concerns are:

1. How have we judiciously utilised the ones being collected?

2. Have we blocked the tax collectation leakages from the existing ones?

3. What has the government done with regards to embezzlement and misappropriation of the taxes currently collected?

4. What measures have been deployed to stop the use of public taxes to finance the flamboyant lifestyles of civil servants and politicians alike?

5. The informal tax collection by the likes of NURTW, Local governments touts and some Unions, how has the government streamlined it to ensure proper remittance instead of the back-door shearing arrangements currently practised with the civil servants and politicians.

Before some of you who have not even travelled outside your village will start comparing Nigeria with your saner climes in terms of taxation, note that non of the above mentioned points/questions is in practice over there.

malali:
Collecting revenue without creating complementary jobs.....is akin to a genocide. Where do you expect the citizens to get money to pay the taxes ? Do you know the homeowners will transfer he cost to the tenants ? The unemployment rate in Nigeria is over 50% and getting worse, thats why JAPA is on the rise....So where exactly do you expect people to get this money from ?

mrvitalis:
I have said it here for over 2 years , property tax is what is used to fund bulk of budget around the world

Every state can earn 300 billion minimum yearly from property tax

Lagos and Anambra can earn trillions


And this would always wake the people up and get them more involved in politics