₦airaland Forum

States will be richer and have enough to milk

alanto:
It will be for you as you wish on others. Amen.

I can also include you to that prayer ooo, if you so much love him and his policies.

Nobody will persuade Northern Politicians from sponsoring Terrorist, Bandits, Kidnappers and others..., as the more unrest any state is, the more impoverish they become.

This bill on its own will usher in more competition, critical thinking,innovative, hard working, more peaceful society, diversification, dedications as well as Self reliance for States.

Those who continue to benefit from chaos in their States will now face rigid resistance from their States as free money is no more flowing in from Abuja like it is used to be if the bills are passed.

If we must attain developed Country, we need such bills passed earnestly.


Even Eastern Governors will deal decisively with sit at home order and enforcers.


Tinubu, we're at your back, you must succeed because we have no other Country.

Nigeria will be great once again!

How has subsidy removal benefited us as a Nation? If subsidy removal shows No Benefit, Tax bill will not benefit us.

essentialone:
I can also include you to that prayer ooo, if you so much love him and his policies.

Amen

Making states richer doesn't mean the people in the states will live better. We have seen this severally happen because of corruption.

Since Tinubu enter, Tax here and there. Loan here and there. No single development. Tufiakwa

EmperorCaesar:



If you cant see the bigger picture, then you must be blind from birth

Zulum is Prof, he should understand better after reading this

PBAT has a vision and dream bigger than Martin Luther.

Desperate times call for desperate measures and at this very time, we couldnt have had a better President than him

They have come, alway hiding under acemadics to widen there fraud net

where are all the stupid professors that were lecturing us on benefit of Nin, bvn and TSA as it stop corruption

when they came up with VAT, so many promises, it will do these it will do that ... where are the benefits today

All those that went fully academic about subsidy removal and local refinery ... today where are the sweet benefits, local refinery as even made fuel more expensive we are a conundrum to sane climes

In another country all these policies would have reflected what is in the textbook But certainly not Nigeria cos of the criminal minded leaders we have

More money means More loot, the state governors get more allocation now to what end, one idiot will just divert all these money nd court will grant him bail, pay 10% of whats stolen case close

For how long will Nigerians continue to sacrifice Money we know will be looted what, they want to bambooze us with erudite discourse. i refuse to be a literate these time

awon ole jati jati

festacman:
Tax bills will not make much change if the economy remains in shambles. Why is this difficult for Nigerians to grasp. Why are we wasting time and energy on Tax Bills while inflation is going up, businesses are closing down and people are becoming poorer.

- Fixing the economy is more urgent and critical than fixing tax regimes.
- Fixing the economy creates more business entities that will pay tax and create employment.
- Fixing the economy creates middle class once again that will pay tax and relieves the poor.
- Fixing the economic boosts local production, boost export and earning of forex.
- Fixing economy strengthens the Naira, creates alternative local goods, empowers more consumption, which increases VAT quantum.

Work with states to develop a broad Economic Development Plan will help both the FG and States have sense direction to build prosperous Nigeria.

I taya oo, the economic is in shambles, companies are folding, low business startup, high umemployment, downsized production and purchasing power eroded

Then an acclaimed 1st class holder feels the best thing to implement is tax reform, shows level of insensitivity business are struggling to survive and all Tinubu can think of his how to get more money out of Nigerians
.
The intention is not undermine tax but why not 1st creat an enabling environment and promote industrialization, when there is prosperity people will have no issue paying tax.
imagine danfo driver wey no sell and agbero is lurking around shouting owo mii da .. no be wahala be that.

Too much sense 💪

festacman:
Tax bills will not make much change if the economy remains in shambles. Why is this difficult for Nigerians to grasp. Why are we wasting time and energy on Tax Bills while inflation is going up, businesses are closing down and people are becoming poorer.

- Fixing the economy is more urgent and critical than fixing tax regimes.
- Fixing the economy creates more business entities that will pay tax and create employment.
- Fixing the economy creates middle class once again that will pay tax and relieves the poor.
- Fixing the economic boosts local production, boost export and earning of forex.
- Fixing economy strengthens the Naira, creates alternative local goods, empowers more consumption, which increases VAT quantum.

Work with states to develop a broad Economic Development Plan will help both the FG and States have sense direction to build prosperous Nigeria.

This tax reform bill, when passed will save as regional government in disguise...because state will no more be awarded with monthly allocations

States will not have autonomy on taxes generated directly or indirectly in the state

Governors will now be forced to think outside the box to grow their IGR

Lastly, states will now grow at their own pace, no wonder why the North are afraid that the bill will only favour Lagos and Rivers States with higher population and IGR

I wonder 🤔 what happened to the famous KKK's in that posses economy and population fever on other states during elections or are they INEC inclined stats?

essentialone:
My daily prayer is to hear that Tinubu has died.

Lol.

Bobloco:
What are the benefits of this tax bill to the common man?

This is just more money for governors to loot and for Alpha Beta to siphon from the Lagos State Treasury and funnel into Tinubu's pocket through the blueprint conduit pipe he built, which has lasted for over two decades and counting.

It's a win-win for Tinubu and the governors, while the ordinary masses lose out.

Make una dey chill with the blatant and ludicrous lies you tell daily and repeatedly because you hate Tinubu/Yorubas and are therefore very passionate about giving them bad press any chance you get.

Under the new tax bill, Nigerians earning under 1 million Naira per annum, roughly 82k a month, will pay no tax.

Whereas currently, only Nigerians earning below 300k are exempt from paying tax. All who earn above 300k pay tax starting at 7% and rising per income bracket.

How can you then ask "What are the benefits of this tax bill to the common man?" when it will exempt many Nigerians from paying tax and leavemore Nigerian individuals and families, with two working parents, with more money in their pockets?

There are literally gazillion benefits of the new tax bill to ordinary Nigerians, States etal. You and other hateful Igbo, and there are thousands on Nairaland, should stop the disgraceful and hateful show of sadism just because you are determined never to give PBAT any credit because you Agulu Gbajue is not President. Always rememeber the saying, if you can't say anything nice, don't say anything at all.

Eteka1:
Tinubu should rest with all these his eye poverty causing reforms. We are still suffering the hardship caused by his previous ill informed reforms like floating of Naira and hurried subsidy removal without effective palliative measures in place. Now he wants to bring tax reform that he himself cannot predict what the consequences will actually look like? This man just wants to finish Nigerians.

Your name is an akwa ibom's but you reasons like aboki.

The northerners are always playing the dog in the manger,by refusing to eat grass and also not allowing the cow to eat it.nigeria will not move with an inch, with these abokis in tow.

Islie:
This was after

OLoribuku somebody you've not done the worst yet kuku come mop us dry useless fkn government crowded by foolish monkey aids

Azularis:
How has subsidy removal benefited us as a Nation? If subsidy removal shows No Benefit, Tax bill will not benefit us.

They're zombie sucking the bloods of common Nigerians had it been corruption could be inflamated on their fkn throats some bastardzzz politicians would have had throats like the size of trucks by now,then the foolish nonentities called masses would surely have shown their discomfort becouse of space intrusions and discomforts.useless headless preeks

....]

UltraSolid:
Make una dey chill with the blatant and ludicrous lies you tell daily and repeatedly because you hate Tinubu/Yorubas and are therefore very passionate about giving them bad press any chance you get.

Under the new tax bill, Nigerians earning under 1 million Naira per annum, roughly 82k a month, will pay no tax.

Whereas currently, only Nigerians earning below 300k are exempt from paying tax. All who earn above 300k pay tax starting at 7% and rising per income bracket.

How can you then ask "What are the benefits of this tax bill to the common man?" when it will exempt many Nigerians from paying tax and leavemore Nigerian individuals and families, with two working parents, with more money in their pockets?

There are literally gazillion benefits of the new tax bill to ordinary Nigerians, States etal. You and other hateful Igbo, and there are thousands on Nairaland, should stop the disgraceful and hateful show of sadism just because you are determined never to give PBAT any credit because you Agulu Gbajue is not President. Always rememeber the saying, if you can't say anything nice, don't say anything at all.

just as we were told that there were gazillion benefits to the thoughtless removal of fuel subsidies and the floating of the naira, which has only served to inflict extreme hunger and starvation on the citizens

Islie:
This was after President Bola Tinubu on Tuesday, directed the National Assembly and the Ministry of Justice to work together to address the concerns raised on the bill.



https://www.channelstv.com/2024/12/04/10-ways-tax-bills-will-make-states-richer-presidency/

Story, story. When we kick you in 2027, you will continue with your tax and taxing in Lagos, not in Nigeria.

In a layman's term, this tax bill is for states to keep more of the money they generate, which can then be used for other things. President Tinubu is trying to cut the size of the unitary govt in favor of the states. So why is anyone against bringing govt close to the people?

There are evil forces holding Nigeria down, and this is why I think president Tinubu should stop trying to work on the economy, what we really need is to renegotiate our union or go back to regional govt.

Tinubu should go and rest with his tax bill. His only concentration is on money matters. Let him introduce bills to reform security, agriculture, election , corruption in government ,health and education before we can take him seriously.
Why the obsession about money and tax.
The op who was listing the benefits of the tax bill ended up saying nothing.
He did not talk of 60% derivation and how it will benefit the States.
He did not talk of how States will capture the real consumption of the residence.
He avoided all the grey areas while listing vague benefits that are not measurable.
They think we are fools in this country.

helinues:
Toh

Nothing as good as this bill. Which states won't want to improve their IGR with this initiative .

All those branch companies operating in your state that have been remitting all their tax to their headquarters, you can now have a direct bite in your state.

The more IGR you can rake, the more richer your state

The more most of these cooperation will close down these branches, sack staff and have only headquarters and regional branches.

NybenSBF101:
The more most of these cooperation will close down these branches, sack staff and have only headquarters and regional branches.

Only branches with no intentions of expanding even within their domain

helinues:
Only branches with no intentions of expanding even within their domain

Care to work in FIRS? I know someone there.

DrMrsAdeniran:
Care to work in FIRS? I know someone there.

Hello MA... Please I am not sure very much interested if this offer is still available.
Sapa is troubling me and I'm trying to stay afloat