₦airaland Forum

PulaPower:
“As we know, 70% of consumption is not accruing to those three states. So, whatever way you look at it, apart from Lagos, Rivers, and FCT, every northern state would benefit. That is the Bill being presented.

“If you look at it, MTN contributed the highest, but because MTN’s head office is in Lagos, all derivation from MTN is accruing to Lagos. With this Bill, irrespective of the economic situation of any state in Nigeria, all states would benefit.”

So why are northern governor’s against the bill?

read the whole bill, he only gaslight that area to deceived the lawmakers, he understands the plan.

Kano should continue breaking beer bottles and tearing down betting houses. Allah is Gona give them money from breaking bottles added tax.

Tinubu can never be trusted. A man who is brazenly operating a primitive ethnocentric agenda government will always want to subvert others.

Only fools will believe that rubbish the man is saying. I really pity North, they fed a monster in the name of religion now the monster is threatening to consume them.

Bat gave them a Greek gift called Muslim Muslim ticket and now he is playing them for fools.

CrossRhodes:

So because you just started doing spot trading, we no go hear again for nairaland.
Spamming everywhere with snapshots of trading .
Get a job nighha and leave zombie work

What job do I need again when I am already making money. It's you people that should get a meaningful life and stop trolling others senselessly

helinues:
What job do I need again when I am already making money. It's you people that should get a meaningful life and stop trolling others senselessly

Guy you no go find work?

If it favours you, you applaud and dance, if it's other way round, you wail endlessly and scream the government is incompetent

We can now see you all are just hypocrite. Only after whatever favours you

Focusmind:


BAT na master, abeg! Someone listening to Adedeji would think that he was siding North. The bill is to move funds to where consumptions are and not where the head offices of the production companies are located.
If 1m people consumes alcohol in Anambra, the VAT there to should go to Anambra. If 10 people consumes alcohol in Kano, they get vat only on the 10 people that consumes the products.

If 10m people in Lagos accesses network services from MTN, the VAT there goes to Lagos. If only 50k people accesses or uses MTN services in Kebbi state, the VAT that goes should only be on the 50k people that uses the services.

I think this is fair and Mr. President should be supported and commended for initiating this fiscal reform. VAT as a consumption tax is also a "destination" tax and the locations where consumers of goods and services lives, should enjoy higher percentage allocation.

sevenhundred:
read the whole bill, he only gaslight that area to deceived the lawmakers, he understands the plan.

You saw through the childish gimmick. Same way they were deceived with Mumu ticket.

CrossRhodes:

So because you just started doing spot trading, we no go hear again for nairaland.
Spamming everywhere with snapshots of trading .
Get a job nighha and leave zombie work

You Dey mind the loafer when Dey trade with FOMO

e think say everybody na fool

Tell helinues make e Dey proud show the full screen of the npl with balance visible 😂

RichBoy247:
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

Oga, rest! Ogun State companies produce for Lagos markets. This isn't up for debate. I don't even know why I am replying to a tribalist lunatic!

This one is tired of his job

[color=indigo] We're watching...
The north still wants to reap where it did not sow but Tinubu doesn't want that
[/color]

epainos:
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.

He's trying to form fairness without proper/ broader data... He pulled MTN to back his claim because it's easier to assume every customer of MTN or telecom is in every state....but that doesn't still mean Lagos isnt the one that contributed the lion share of VAT that came from MTN...
Lagos is the tech hub of Nigeria.....even if we assume lagos contribute the lion share of MTN revenue, it's a fair assumption...

He should use banks and assume there are bank customers everywhere..but fact is most branches and revenue is Lagos...

.in most companies thats have zonal distribution/operations, lagos alone is a zone on its own...while ogun/oyo/osun/ are counted as south west .... The data he has is fallacy driven making it half-fairness and likely driven by some leaders of other states

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 with the "grab as much as you can" disease.

How is Port Harcourt and Abuja more consumers than Onitsha and Kano?? Is the consumption not based by population?

Judolisco:
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

The issue is why did MTN and GLO site their main operational bases in Abeokuta and Lagos and not Kano? VAT is meant to reward where value is added an not where value is consumed. If the like let them create a VCT ( Value Consumption Tax) to compensate for spenders.

The reasonable thing is to reward states for value addition so that each state is always looking to attract investors and thus strive to be their best selves in anticipation of Foreign investments. Why do peesidents travel like devils around the globe looking for FDI if there is no local incentive to recieve them? After accommodating every tribe and creating a conducive environment, is it not fair that lagosians who lost their culture and land to Foreign Investors get compensated for giving the foreign investors the atmostphere to thrive. As rich as Delta state is in Oil and Gas, investors cannot survive there because the locals are hostile. Same goes for most of the states and geopolitical zones. It makes little sense to compensate stae govt for what their citizens buy to add value to their lives. It is a service they failed to render the foreign investors that another state has provided that VAT is addressing.

If that's the case, I don't see any problem with the new tax reform. More money in the hands of state governments.

But it's fair for those unproductive retrogressive northern states to destroy certain items,goods in their region and still collect revenue from proceeds from same items derived from other regions,huh?

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)?

Another angle. I agree with you.

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

You are so afraid to tackle your northern masters and lords,shame

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 with the "grab as much as you can" disease.

The real issue here should be about what constitutes value-addition? Is it the process of taking raw inputs and add value to make them better output or the process of taking output with added-values and consuming them?

Comsumption is not value-addition?

The crooked northerners are only trying to confuse value-addition with consumption so they can start getting more money without suffering polution or hazards associated with actual value-addition process. No more need to poach FDIs again once they get that wish. Lagos can poach FDI, suffer the hazard, sacrifi e their cultural values and land to accomodate Foreign Investors, provide water and electricity, then pretend all of that is detrimental to everyone who consumes the final goods. Thats a recipe for further chaos.

Focusmind:


BAT na master, abeg! Someone listening to Adedeji would think that he was siding North. The bill is to move funds to where consumptions are and not where the head offices of the production companies are located.
If 1m people consumes alcohol in Anambra, the VAT there to should go to Anambra. If 10 people consumes alcohol in Kano, they get vat only on the 10 people that consumes the products.

If 10m people in Lagos accesses network services from MTN, the VAT there goes to Lagos. If only 50k people accesses or uses MTN services in Kebbi state, the VAT that goes should only be on the 50k people that uses the services.

I think this is fair and Mr. President should be supported and commended for initiating this fiscal reform. VAT as a consumption tax is also a "destination" tax and the locations where consumers of goods and services lives, should enjoy higher percentage allocation.

Lagos should be compensated for the pollution they receive from the production

CodeTemplarr:
The issue is why did MTN and GLO site their main operational bases in Abeokuta and Lagos and not Kano? VAT is meant to reward where value is added an not where value is consumed. If the like let them create a VCT ( Value Consumption Tax) to compensate for spenders.

The reasonable thing is to reward states for value addition so that each state is always looking to attract investors and thus strive to be their best selves in anticipation of Foreign investments. Why do peesidents travel like devils around the globe looking for FDI if there is no local incentive to recieve them? After accommodating every tribe and creating a conducive environment, is it not fair that lagosians who lost their culture and land to Foreign Investors get compensated for giving the foreign investors the atmostphere to thrive. As rich as Delta state is in Oil and Gas, investors cannot survive there because the locals are hostile. Same goes for most of the states and geopolitical zones. It makes little sense to compensate stae govt for what their citizens buy to add value to their lives. It is a service they failed to render the foreign investors that another state has provided that VAT is addressing.

You mean those drilling oil, that is, their operational bases in the Niger Delta can survive, but their headquarters cannot survive where their bases are? Maybe they should also move their operational bases to where the headquarters are and go drill there.

Well, these states generate the highest revenue, its only fair they get the highest share. Other states should step up by looking for additional sources of funds apart from FG allocations.

You don't expect states that forbid sale of alcohol from benefiting from the proceeds of alcohol sales

The shift in revenue allocation formula should be performance based and parochial political.

BAT is doing real restructuring here.

X

Zooposki:
You mean those drilling oil, that is, their operational bases in the Niger Delta can survive, but their headquarters cannot survive where their bases are? Maybe they should also move their operational bases to where the headquarters are and go drill there.

Yes. If theit operational base are not being harrassed for 'deve', they will never think of running to culturally neutral and hospitable Lagos or Benin.

CodeTemplarr:
Yes. If theit operational base are not being harrassed for 'deve', they will never think of running to culturally neutral and hospitable Lagos or Benin.

Then they should go drill oil in Lagos or Benin. Maybe the natives don’t want them there. Ever think like that?

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REDshouse:
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

A manufacturing company is nothing with a filled up warehouse.
Its a fact that when you remove the sales from the north from companies like Unilever,Nestle,FMN, Honeywell etc with the current economic situation- these companies would have shutdown as sales in Lagos,Port Harcourt and Fct can't pull them through in anyway.
Everyone sees issues with alcoholic beverages not consumed in the north but do you consider the number of trucks of non alcoholic beverages (maltina,coke,Pepsi,Amstel ,table water ) etc that finds its way up orth on a daily basis?
In conclusion,if you have no sales for the value you create,ur enterprise will go down...so VAT should be benefitted by the producing and also consuming states

Zooposki:
Then they should go drill oil in Lagos or Benin. Maybe the natives don’t want them there. Ever think like that?

Why not you go to Lagos and arrest them to force them back into Delta state where 'deve' is demanded from multiple angles. You are trying to reverse the effects without regards to cause here. What caused them to locate HO in Lagos miles away and be prospecting for oil in Delta states hundreds of KM away? Addreess that and see them run back to delta state.

CodeTemplarr:
Why not you go to Lagos and arrest them to force them back into Delta state where 'deve' is demanded from multiple angles. You are trying to reverse the effects without regards to cause here. What caused them to locate HO in Lagos miles away and be prospecting for oil in Delta states hundreds of KM away? Addreess that and see them run back to delta state.

Oga, they should go and prospect for oil in Lagos state. We don’t want them to prospect for oil in Delta state. They are destroying our land. We want to use our lands for farming and fishing.

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 with the "grab as much as you can" disease.

Ogun is just serving as manufacturing hub for commodities consumed in Lagos.

Zooposki:
Oga, they should go and prospect for oil in Lagos state. We don’t want them to prospect for oil in Delta state. They are destroying our land. We want to use our lands for farming and fishing.

Go meet them where they are prospecting oil and eject them. I am not them. Don't unleash your frustrations on me Oga.

kettykin:
Let me help these people 30% to the headquarters, 30% to the location and states of the consumers another 30% to the location of the factories. The remaining 10% to the Federal government . This should apply to oil, gas , hydro electric, coal etc

Igbos relocating and basing in East from Lagos will increase allocations going to East because East will become more populated.

Will also spring up more jobs because people erect businesses where humans who can work them, are domiciled in plentitude.