₦airaland Forum

I hope the Tinubu govt realizes Nigerian from the South South are only waiting for the new tax bill to be passed so we can now have a legit precedence to start clamoring for 60% derivation for oil producing states because what's good the goose is great for the gander

Yorubas and north will never be ready for this conversation!

SalamRushdie:
I hope the Tinubu govt realizes Nigerian from the South South are only waiting for the new tax bill to be passed so we can now have a legit precedence to start clamoring for 60% derivation for oil producing states because what's good the goose is great for the gander

The irony is even if you give them 100% they will still have nothing to show for it.

Thewrath:
Yorubas and north will never be ready for this conversation!

E go shock them , once they pass this bill a precedence will be set and the oil producing states will have a valid claim to ask for their own 60%

Softmirror:
The irony is even if you give them 100% they will still have nothing to show for it.

But still give them

SalamRushdie:
E go shock them , once they pass this bill a precedence will be set and the oil producing states will have a valid claim to ask for their own 60%

Lol 😊 it's funny how you reason.

SalamRushdie:
But still give them

They will be given even if the want it all. That is not a problem. The oil as we mostly say has been a curse and not a blessing. So they can carry the curse with their full chest and on their head too.

Nigeria was way more productive and prosperous before we discovered oil. So?

Do you know how much a litter of ground nut oil is sold? Hmmmm

SalamRushdie:
I hope the Tinubu govt realizes Nigerian from the South South are only waiting for the new tax bill to be passed so we can now have a legit precedence to start clamoring for 60% derivation for oil producing states because what's good the goose is great for the gander

I believe he will present it in due course.

Restructuring must be carried out in full.

Next will be dusting up Gowon's decree 8 that will have every state have a reservist force.

SalamRushdie:
E go shock them , once they pass this bill a precedence will be set and the oil producing states will have a valid claim to ask for their own 60%

I don’t blame the north for being cautious,they don’t trust the yorubas but have no choice because of power….there might even be a clause in that tax bill that direct huge percentage of VAT to Lagos state.

But ask for 10% in the PIB bill they will start gnashing their teeth

The oil is the only thing keeping Nigeria together!!

SalamRushdie:
E go shock them , once they pass this bill a precedence will be set and the oil producing states will have a valid claim to ask for their own 60%

Oil producing states will also have the legal backing to charge a percentage on every barrel of crude drilled and sold from their land.

Imagine a state like Delta that averages close to 700k barrels per day charging just 1% as VAT on every barrel sold at $80 on the international market.

Now that's good money which will see oil producing states tackling vandalism and bunkering head-on



This bill will end insurgency and banditry across the north as governors would sit up to their responsibilities and fix the insecurity in their states so as promote business activities and lure investors to their respective states.

Even your SE governors will all stop pandering to IPOB criminals.

GBTYO:
Oil producing states will also have the legal backing to charge a percentage on every barrel of crude drilled and sold from their land.

Imagine a state like Delta that averages close to 700k barrels per day charging just 1% as VAT on every barrel sold at $80 on the international market.

Now that's good money which will see oil producing states tackling vandalism and bunkering head-on



This bill will end insurgency and banditry across the north as governors would sit up to their responsibilities and fix the insecurity in their states so as promote business activities and lure investors to their respective states.

Even your SE governors will all stop pandering to IPOB criminals.

The only thing I like the bill is it potential to fix insecurity

GBTYO:
Oil producing states will also have the legal backing to charge a percentage on every barrel of crude drilled and sold from their land.

Imagine a state like Delta that averages close to 700k barrels per day charging just 1% as VAT on every barrel sold at $80 on the international market.

Now that's good money which will see oil producing states tackling vandalism and bunkering head-on



This bill will end insurgency and banditry across the north as governors would sit up to their responsibilities and fix the insecurity in their states so as promote business activities and lure investors to their respective states.

Even your SE governors will all stop pandering to IPOB criminals.

At bolded,Did the OP tell you he is from SE?

SalamRushdie:
E go shock them , once they pass this bill a precedence will be set and the oil producing states will have a valid claim to ask for their own 60%

Then again, most oil proceeds are actually offshore. The states do not own Nigeria territorial waters anyway.

Softmirror:
The irony is even if you give them 100% they will still have nothing to show for it.

Let them worry about that.

EmeeNaka:
Then again, most oil proceeds are actually offshore. The states do not own Nigeria territorial waters anyway.

There is no deep water oil well that's not tied to a state

SalamRushdie:
I hope the Tinubu govt realizes Nigerian from the South South are only waiting for the new tax bill to be passed so we can now have a legit precedence to start clamoring for 60% derivation for oil producing states because what's good the goose is great for the gander

It will be given to them. Infact that's the reason Bola Ahmed Tinubu initiated the tax reform bills last year. No matter how long northern governors, politicians and residents cry and try to delay the passage of the tax reform bills. It will eventually be passed.
After God, Na Bola Ahmed Tinubu

Thewrath:
At bolded,Did the OP tell you he is from SE?

Once they hear ANYTHING they feel puts them at a disadvantage either politically or economically, automatically they assume the poster is Igbo or from the south-east!

Softmirror:
The irony is even if you give them 100% they will still have nothing to show for it.

And that's no body business

What South South use their oil wealth to do should not be anyone's problem

So we should tell the oil companies not to pay royalty na since our politicians haven't used the one they paid well

Tomorrow una go still claim to love South South... Lmaooo una talk now na South must do 8 years since when?

Softmirror:
The irony is even if you give them 100% they will still have nothing to show for it.

Is that your problem ? Nah our own, we won collect am

SalamRushdie:
There is no deep water oil well that's not tied to a state

Unsuspecting and simple-minded people don’t realise or notice all the different crafty schemes and policies that have been dreamt up to try and water down the benefits oil producing states derive from oil and gas production in their states! This ‘offshore rule’ the poster you replied referred to is just one out of many!

Softmirror:
The irony is even if you give them 100% they will still have nothing to show for it.

When Jesus Christ said ’give unto Ceaser what is Ceasers’’, i don’t remember him adding a caveat that it’s provided Ceaser is proven to be financially prudent and be seen to have constructed enough aqueducts and apian-ways throughout the Roman Empire!

Softmirror:
The irony is even if you give them 100% they will still have nothing to show for it.

That's a silly statement aimed at diverting attention from their legitimate demand. What they do with the money is none of your business.
What of you? What will you do with the VATs you want to cunningly secure for yourselves in Lagos?
If lagos and other SW states want to keep the VATs and taxes they realized within their sates, other states will also have to keep whatever revenues that are being generated from their territories.
You guys really think you're smart trying to cunningly deceive others into fighting for a bill that will give you advantage.

Free2Fly:
That's a silly statement aimed at diverting attention from their legitimate demand. What they do with the money is none of your business.
What of you? What will you do with the VATs you want to cunningly secure for yourselves in Lagos?
If lagos and other SW states want to keep the VATs and taxes they realized within their sates, other states will also have to keep whatever revenues that are being generated from their territories.
You guys really think you're smart trying to cunningly deceive others into fighting for a bill that will give you advantage.

We are not opposed to it. Even if they want 100% the will get it. Igbos are there to fight for the 'rights' of the South-South lol. 😂😂😂😂😂😂

SalamRushdie:
There is no deep water oil well that's not tied to a state

it doesn’t mean the water belongs to the state anyway. The argument will be resurrected, I suppose.

SalamRushdie:
I hope the Tinubu govt realizes Nigerian from the South South are only waiting for the new tax bill to be passed so we can now have a legit precedence to start clamoring for 60% derivation for oil producing states because what's good the goose is great for the gander

let everyone develop at their own pace. That the Niger delta get 60% oil derivate does not necessarily imply the would develop any better than non oil producing state. Venezuela and Norway both have oil one is rich the other poor even equitorial guinea here is a case study. Texas is the largest producing oil state but it is the 25th richest out of 50. Good governance and instutions is what drive wealth generation.

Softmirror:
We are not opposed to it. Even if they want 100% the will get it. Igbos are there to fight for the 'rights' of the South-South lol. 😂😂😂😂😂😂

Most of you village boys from SW who only know about lagos don't know that Imo, Abia, and recently Anambra are also oil producing states and part of the Niger delta.

Free2Fly:
Most of you village boys from SW who only know about lagos don't know that Imo, Abia, and recently Anambra are also oil producing states and part of the Niger delta.

Clown
Those 3 parasitic states don’t produce half as much as Ondo .
You are the real village, unexposed clown here who don’t know those states are just added for completeness 😂😂
You think it’s palm oil we are talking about here 😂😂

Pythagoras001:
let everyone develop at their own pace. That the Niger delta get 60% oil derivate does not necessarily imply the would develop any better than non oil producing state. Venezuela and Norway both have oil one is rich the other poor even equitorial guinea here is a case study. Texas is the largest producing oil state but it is the 25th richest out of 50. Good governance and instutions is what drive wealth generation.

This is the problem with Nigeria.
All fingers are not equal . Let every region develop at her pace .
That was the same madness that led to the civil war

EeyanMayweather:
Clown
Those 3 parasitic states don’t produce half as much as Ondo .
You are the real village, unexposed clown here who don’t know those states are just added for completeness 😂😂
You think it’s palm oil we are talking about here 😂😂

That's exactly how nonentities from sadwest talk.
If 3 oil producing states can be described as "parasitic", how then would you describe Ekiti, Osun, Oyo and Ogun states where you morons are being produced en mass

Softmirror:
They will be given even if the want it all. That is not a problem. The oil as we mostly say has been a curse and not a blessing. So they can carry the curse with their full chest and on their head too.

Nigeria was way more productive and prosperous before we discovered oil. So?

Do you know how much a litter of ground nut oil is sold? Hmmmm

Too much indian film dey worry you.

You think energy market is akara and moi-moi.

Oil that transformed desert peasants Arab nations of Saudi, Quatar, UAE into luxurious lifestyles.

amazingspiderma:
Too much indian film dey worry you.

You think energy market is akara and moi-moi.

Oil that transformed desert peasants Arab nations of Saudi, Quatar, UAE into luxurious lifestyles.

We not talking about Arabs lol. Have you ever been to Bayelsa? Does the state reflect the derivation they have been getting? That is the point. It's a mind set issue.