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It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsIt’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss (20849 Views)

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Re: It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss by ERockson: 7:11am On Nov 20, 2024
Good
Re: It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss by Okoroawusa: 7:11am On Nov 20, 2024
Let's see how it goes. Nigeria needs a serious rework and I believe President Bola Ahmed Tinubu can do it.
Re: It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss by agulion: 7:11am On Nov 20, 2024
North should not get vat on any product the distroy especially beer, which kind of nonsense country is this
Re: It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss by REDshouse(m): 7:12am On Nov 20, 2024
What is VAT.... Value added Tax ..what value is all these states adding to the collective revenue of the country ..aside all companies being headquarters in Lagos, these so called states boast of a viable business hub and economic nerve center of the country, they add more Value to the country compare to other part of the country ... VAT can not be shared evenly, it will make all these states lazy and continue to rely on national cake generated from other viable states for survival
..

Let them also hustle their way to generate more value in revenue to the country so that they can also earn more VAT ..stop spoon-feeding all these States
Re: It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss by youngestgrad(m): 7:12am On Nov 20, 2024
But Mr Adedeji won't it be unfair if states that do not generate these vat proceeds due to non consumption of certain products ie alcohol, non-halal foods etc are given a sizable share of the revenue. You might as well ask Lagos state to share their annual IGR with Yobe state.
Re: It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss by overall90: 7:13am On Nov 20, 2024
helinues:
But they are the one generating that same VAT now

Why should South South state also be getting more Oyel money than other states most especially Bayelsa state with 3 m+ population yet nothing to show for the huge money they have been receiving monthly
It shows you didn't read the write up
How can Lagos be taking 70 % of vat paid by MTN subscribers simply because MTN headquarters is in Lagos.
The same goes to many other companies who services and products are consumed all over the country.
Re: It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss by CAPITALBEE:
Adopting the derivation principle in the allocation of VAT revenues between the federal and state government is the way to go. Those governors can kick all they want!

CodeTemplarr:
Is Kano consuming alcohol when they take VAT from alcohol? That formula is fair enough if we must grow. The north wants VAT shared by consumption but get VAT from what they do not consume presently. How does lagos get rewarded for absorbing the pollution that goes with value-addition(manufacturing)?
👉🏻 Are you for or against? Your stance here is a bit confusing.
👉🏻 Which of the formula are you also referring to - the former or latter?

Believe it or not, there are people in Kano and other Northern states who still consume alcohol and besides, alcohol is not the only VAT generating item.
Re: It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss by OYEDIPE(m): 7:16am On Nov 20, 2024
CodeTemplarr:
Is Kano consuming alcohol when they take VAT from alcohol? That formula is fair enough if we must grow. The north wants VAT shared by consumption but get VAT from what they do not consume presently. How does lagos get rewarded for absorbing the pollution that goes with value-addition(manufacturing)?
Very good argument.
Re: It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss by Tradepunter2: 7:16am On Nov 20, 2024
helinues:
But they are the one generating that same VAT now

Why should South South state also be getting more Oyel money than other states most especially Bayelsa state with 3 m+ population yet nothing to show for the huge money they have been receiving monthly
Thunder locate you..... Your nonsense is getting out of hand...
Re: It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss by RichBoy247: 7:17am On Nov 20, 2024
helinues:
But they are the one generating that same VAT now

Why should South South state also be getting more Oyel money than other states most especially Bayelsa state with 3 m+ population yet nothing to show for the huge money they have been receiving monthly
Don’t worry nah, just watch as JAGABAN dey dribble them. The want to be using VAT from Beer to send their lazy men to Mecca for Hajj, and thus is Haram
Re: It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss by fineboynl(m):
CodeTemplarr:
Is Kano consuming alcohol when they take VAT from alcohol? That formula is fair enough if we must grow. The north wants VAT shared by consumption but get VAT from what they do not consume presently. How does lagos get rewarded for absorbing the pollution that goes with value-addition(manufacturing)?
state should tax those consume by their state as well. Also if any product should sell in their state then they should have a distribution office. That way state can calculate and collect their tax
Re: It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss by RichBoy247: 7:22am On Nov 20, 2024
SmartPolician:
There's no modification made to the tax bills that won't see Lagos, Abuja and Port Harcourt getting the most vat because they are the core consumers in Nigeria.

Even Ogun State, which has many industries, cannot stand a chance because most goods produced in Ogun State are consumed in Lagos and across Nigeria.

Just as the middle class is quickly varnishing, there's no conscious effort to distribute the wealth of Nigeria. We are still living in the "grab as much as you can" disease.
Ogun has joined Lagos in the real sense. Broda Mukaila that left Kwara State and Shinedu that ran from Umuahia to Lagos are actually living in Sango, Mowe, Ofada, Agbara and other Ogun state towns that share borders with Lagos. So Ogun will actually get a good percentage from Lagos share
Re: It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss by CodeTemplarr: 7:23am On Nov 20, 2024
fineboynl:
state should tax does consume by their state as well. Also if any product should sell in their state then they should have a distribution office. That way state can calculate and collect their tax
consumption is not value addition.
Re: It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss by Tradepunter2: 7:26am On Nov 20, 2024
helinues:
No, you are the one wasting your life away trolling others

Productive you need to create on average of 5 monikers daily just to tell me to look for job

Why did you stop to be sounding normal?

Meanwhile, we have started brightly as usual while you are wasting your life away.

We must help you to locate the missing senses

Rabbish



Continue wasting your life away sounding dumb.

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Keep deceiving yourself.... Go get a job... Screenshot of a random crap means nothing..... Stop capping and go get a job
Re: It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss by whodohgeepee(m): 7:26am On Nov 20, 2024
https://tonpick.game/?ref=Nsidibay

Earn free ton here by doing simple tasks
Re: It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss by Femeto: 7:27am On Nov 20, 2024
Great100000:
Source: https://guardian.ng/business-services/its-unfair-for-lagos-rivers-fct-to-have-70-vat-proceeds-firs-boss/
If it’s by population Lagos and Kano should share thesame. But Kano that has banned the drinking of beer should not benefit from the VAT made from Beer Companys. Your reforms would be crap if it doesn’t also address that.
Re: It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss by Coronavirus1: 7:28am On Nov 20, 2024
I have always supported this Tpain bill
Re: It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss by Dpharisee: 7:31am On Nov 20, 2024
hisexcellency34:
But states banning and destroying beers can have VAT huh
To permit the sales of beer is Haram but to collect money made from people drinking beer om other places is Halal.
Norther hypocrisy is like the Igbo adage that says "a hypocrite is someone who forbids eating of dog meat but I loves drinking the water used in cooking it"
Re: It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss by TooMuchStuff: 7:40am On Nov 20, 2024
How can you indoctrinate your folks on religious extremity of breaking beer bottles because one lunatic bald headed Prophet in the hot desert sun of Arabian said so but want to chop VAT on beer boozing...?

Come to think of it... the present BOOZE HQTRS of Nigeria is FCT and suburbs.

Can't you see how calm and prosperous Abuja people are? Maybe the extreme poverty and Insecurities of the HausafulaniKanuri Muslims North are due to not DRINKING ALCOHOL. Just maybe o
Re: It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss by surgain321: 7:41am On Nov 20, 2024
smiley smiley
Re: It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss by epainos: 7:45am On Nov 20, 2024
Lol

I would like to know the qualifications of this man who is talking trash. Lol. I do not have access to data, but I can use my brain. Lagos alone has 30 million residents, accounting for approximately 15% of Nigeria's total population. Because Lagos is the primary cargo terminal, most VAT on all improved goods is levied there. Lol. And we are importing more. This man is very funny na. Very funny man. The majority of Nigerian public servants have nothing in their brains, which is why the country is not functioning properly.

Very sad indeed.
Re: It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss by CrossRhodes: 7:57am On Nov 20, 2024
helinues:
No, you are the one wasting your life away trolling others

Productive you need to create on average of 5 monikers daily just to tell me to look for job

Why did you stop to be sounding normal?

Meanwhile, we have started brightly as usual while you are wasting your life away.

We must help you to locate the missing senses

Rabbish



Continue wasting your life away sounding dumb.

20+ ROI added just now while you are wasting life away. 100% ROI target before lunch.
grin grin
So because you just started doing spot trading, we no go hear again for nairaland.
Spamming everywhere with snapshots of trading grin cheesy grin.
Get a job nighha and leave zombie work
Re: It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss by Judolisco(m): 8:05am On Nov 20, 2024
CodeTemplarr:
Is Kano consuming alcohol when they take VAT from alcohol? That formula is fair enough if we must grow. The north wants VAT shared by consumption but get VAT from what they do not consume presently. How does lagos get rewarded for absorbing the pollution that goes with value-addition(manufacturing)?
bro it's not only alcohol, but take for example mtn or Glo, though the headquarters is in lagos or Abuja, but we have people in Kano and jigawa using this Networks.... That's the argument... No be only alcohol
Re: It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss by Safyqueen: 8:06am On Nov 20, 2024
atobs4real:
What is other states contribution to the tax?
You cannot even read and comprehend. Who pays the VAT MTN is generating? It is the customers that are spread around the country. By implication some other state has more subscriber base for MTN who actually pays the VAT. Can you now understand?
Re: It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss by gabbytabby: 8:09am On Nov 20, 2024
At times it is necessary to give a little for the greater good.

I am a lagosian and should not really be advocating for money to be moved elsewhere but believe in fairness and equality hence my support for the 13% derivation and consumption based VAT.
Re: It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss by Okpollo: 8:09am On Nov 20, 2024
helinues:
But they are the one generating that same VAT now

Why should South South state also be getting more Oyel money than other states most especially Bayelsa state with 3 m+ population yet nothing to show for the huge money they have been receiving monthly
The oil is not the same as telecom services.
Re: It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss by PHIPEX(m): 8:10am On Nov 20, 2024
This is pure criminality.

So because the Head office of most companies are in these states, they should take almost all the taxes? This is pure wickedness
Re: It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss by kevinparker0000: 8:13am On Nov 20, 2024
smiley smiley
Re: It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss by easzypeaszy(m): 8:13am On Nov 20, 2024
Indirect restructuring system
Re: It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss by zoedew: 8:14am On Nov 20, 2024
CodeTemplarr:
Is Kano consuming alcohol when they take VAT from alcohol? That formula is fair enough if we must grow. The north wants VAT shared by consumption but get VAT from what they do not consume presently. How does lagos get rewarded for absorbing the pollution that goes with value-addition(manufacturing)?
Indeed faulty reasoning coming from Zach.
Re: It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss by advanceDNA: 8:16am On Nov 20, 2024
Desammyst:
I think the FIRS boss stands on the principle of fairness and justice.
It's just half fairness and I took sabi because I dont see proper and broader statistics being put into place to make the decision....

No one has started addressing why northern states that destroy beer bottles shouldn't get VAT from beer....

He's quoting MTN because telecom customers are everywhere......but there are lots of products that contributes to the countries IGR that are mostly in Lagos...so unless he can account for real data of consumer statistics per product and per state, he can't really be totally fair..

If Lagos takes the case to court they could tip the scales in their favour
Re: It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss by zoedew: 8:16am On Nov 20, 2024
Safyqueen:
You cannot even read and comprehend. Who pays the VAT MTN is generating? It is the customers that are spread around the country. By implication some other state has more subscriber base for MTN who actually pays the VAT. Can you now understand?
Especially considering that MTN is not the dominant GSM provider in Lagos. Airtel id the dominant GSM service provider in Lagos.
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