₦airaland Forum

Wallade:
RMAFC is a commission driven by a committee of appointed persons not elected persons.

RMAFC is not autonomous - show or quote the Constitution that says it is autonomous.

CBN consulting with the Federal Government on change of currency notes, floating or defending the naira does not take away CBNs autonomy on matters of Monetary policy. The consultation is primarily a courtesy and it is yo ensure that the monetary and fiscal policies of Nigeria are synchronized to compliment each other and achieve best possible results in the interest of Nigeria.

You are ignorant this man

What the hell is the meaning of committee of appointed persons not elected. Is CBN gov and his MPC elected? What about INEC chairman and his commissioners? Are they elected?

Oya show from the constitution where CBN is stated to be autonomous. RMAFC is listed under s153 as one of the statutory federal bodies with distinct functions which makes it autonomous. For example, it can decide to reduce the salary of the President and it is the only body with the power to determine the revenue sharing formula with approval from the President and NASS just as its chairman just pointed out. It is there in its enabling Act as well as the 3rd schedule Part 1 of the constitution

See the nonsense you are saying. Go and read the CBN Act. The CBN cannot change the currency without getting approval from the President. It is clearly written so in CBN enabling Act. Even the naira management policy must be approved by the President. Go and read the CBN Act.

Kukutente23:
You are ignorant this man

What the hell is the meaning of committee of appointed persons not elected. Is CBN gov and his MPC elected? What about INEC chairman and his commissioners? Are they elected?

Oya show from the constitution where CBN is stated to be autonomous. RMAFC is listed under s153 as one of the statutory federal bodies with distinct functions which makes it autonomous. For example, it can decide to reduce the salary of the President and it is the only body with the power to determine the revenue sharing formula with approval from the President and NASS just as its chairman just pointed out. It is there in its enabling Act as well as the 3rd schedule Part 1 of the constitution

See the nonsense you are saying. Go and read the CBN Act. The CBN cannot change the currency without getting approval from the President. It is clearly written so in CBN enabling Act. Even the naira management policy must be approved by the President. Go and read the CBN Act.

Try to be open to learning when the opportunity arises. CBN Act and INEC Act are available on public space, in fact online. Search it on google and download to read.

You will see that the acts indicated that CBN and INEC are independent and autonomous organizations of Government.

Unlike your revered RMAFC. I still can't find autonomy in the part of the Constitution that empowered RMAFC. Can you show me?

Are you the one implying the autonomy for RMAFC; interpreting the Constitution wrongly. That is a subject for determination on court if you can prove beyond reasonable doubt yo the court but I know you will lose the case on court.

Again, I will correct you, RMAFC function is advisory with recommendations and justifications. RMAFC position is not order or law or mandatory on the Government of Nigeria.

Is there anything we will not see from these antagonists?

Wallade:
Try to be open to learning when the opportunity arises. CBN Act and INEC Act are available on public space, in fact online. Search it on google and download to read.

You will see that the acts indicated that CBN and INEC are independent and autonomous organizations of Government.

Unlike your revered RMAFC. I still can't find autonomy in the part of the Constitution that empowered RMAFC. Can you show me?

Are you the one implying the autonomy for RMAFC; interpreting the Constitution wrongly. That is a subject for determination on court if you can prove beyond reasonable doubt yo the court but I know you will lose the case on court.

Again, I will correct you, RMAFC function is advisory with recommendations and justifications. RMAFC position is not order or law or mandatory on the Government of Nigeria.

You type ignorantly this man. This is section 7 of the RMAFC act spelling out that it is an independent and autonomous body just like the CBN act. It's obvious you are ignorant that RMAFC has its own Act.

7. The Commission shall be an independent and autonomous body and shall not be sub-
ject to the direction or control of any other authority or person in the exercise of its power
to make appointments or to exercise disciplinary control over persons.

If you know anything about our governance system, you will know that any body listed in section 153 is an autonomous body. That is the idea behind s153 but I still had to go and copy the RMAFC act for you to cure your befuddling ignorance.

Go and read up the RMAFC act and the relevant sections of the constitution before you come here blowing hot air.

CodeTemplar:
The RMAFC man is obviously an ignoramus or tribal legend at best, parading as in intellectual. That it is called a consumption tax doesn't mean it is meant to serve the consumer or go to the consumer directly in anyway. It can still be collected at value addition location and reshared in Abuja, which is what Tinubu has done here. Let the ignoramus tell us who collects the VAT for good consumed outside Nigeria but within ECOWAS if the tax is for the consumer as they assume here.

It is a tax that should compensate whoever shoulders the burden of production or value-addition. It will be harsh to allow Lagos poach investors, create enabling environment, lost their land, culture, values to foreigners, suffer environmental degradation, provide supporting infrastructure like road, power, security and more, then you treat them equal with where the good are consumed because the textbook says VAT is a consumption (based) tax. It is collected from the consumer for consuming the value added unto the raw input but never meant for the consumer or her location.

It is like saying tolls collected in Kano for a road should go to Lagos or Rivers because the final destination of some of the passengers include Lagos and Rivers. The road is a service and is provided by Kano so why reward the destination of the passenger? What about passengers who end up in Ghana or Cameroon?

If we use this logic of the foolish and greedy RMAFC boss, states may be forced to collect it forcefully like that of a tolled road that serves interstate traffic and there will be chaos and rip offs because they will charge far higher than the flat rate FG is enforcing.

VAT is best managed centrally and redistributed to whoever is absorbing the impact of the value-addition within the value-addition chain accordingly. If nigeria must grow to become a hub where thing are manufactured and sold all over west Africa, this bill is good for rewarding value-adding states.

Man, you are not making any sense. The RMAFC man is right. Apart from VAT, don't companies pay other taxes and bills to where they are situated. VAT is consumption tax. If Tinubu want derivation as the basis for sharing the proceeds, Then goods and services should be tracked to where they are consumed. Companies like MTN should pay VAT in all the states since you think that you are wise.

Kukutente23:
You type ignorantly this man. This is section 7 of the RMAFC act spelling out that it is an independent and autonomous body just like the CBN act. It's obvious you are ignorant that RMAFC has its own Act.



If you know anything about our governance system, you will know that any body listed in section 153 is an autonomous body. That is the idea behind s153 but I still had to go and copy the RMAFC act for you to cure your befuddling ignorance.

Go and read up the RMAFC act and the relevant sections of the constitution before you come here blowing hot air.

Okay, I will read the RMAFC act to again to clear my doubts. It is a unique information for me.

However, I still strongly opine that RMAFC functions are advisory.

This may also interest you:

https://rmafc.gov.ng/2024/12/press-release-rmafc-not-opposed-to-president-tinubus-tax-reform/

A visit to the website of the commission made me see the press release and when I read it, I realized that the basis for the argument we have been having all the while was unfounded because there was a deliberate misinformation. RMAFC was never against the proposed Tax Reform Bills.

Bobloco:
“The Constitution designates RMAFC as the final authority on matters of revenue allocation,” the memorandum stated.

The Commission noted that “As such, no Act of Parliament, including the VAT Act, can infringe upon this constitutional responsibility. Any such attempt would constitute a violation of the Constitution.”

The RMAFC guy was drawing the attention of those working on the new tax bill to the fact that the RMAFC is the only body constitutionally empowered on matters of revenue sharing.

This attitude of attacking any contrary opinion should cease because evidence has shown time and time again that Tinubu has been making catastrophic economic decisions that have inflicted severe hunger and starvation on Nigerians since coming on board

Don't mind them. Tinubu keeps destroying the country with every step he took and some ignorant folks keep supporting him.

EXPRESSSMAN:
Don't mind them. Tinubu keeps destroying the country with every step he took and some ignorant folks keep supporting him.

Please read:

https://rmafc.gov.ng/2024/12/press-release-rmafc-not-opposed-to-president-tinubus-tax-reform/

The subject of this discuss was a misinformation after all.

Wallade:
Okay, I will read the RMAFC act to again to clear my doubts. It is a unique information for me.

However, I still strongly opine that RMAFC functions are advisory.

This may also interest you:

https://rmafc.gov.ng/2024/12/press-release-rmafc-not-opposed-to-president-tinubus-tax-reform/

Go and read and stop arguing blindly. RMAFC has advisory aspect as well as executing powers as well

You are just hiding under advise to make it look like they are relevant in revenue allocation when their statutory function is that particular allocation and derivation issue

What is there about the press release? Is it not to save face since agbadorians started attacking the agency for raising a constitutional question. Agbados are very rabid humans who do not apply commonsense in their approach to national issues. All they know is sycophancy

Kukutente23:
Go and read and stop arguing blindly. RMAFC has advisory aspect as well as executing powers as well

You are just hiding under advise to make it look like they are relevant in revenue allocation when their statutory function is that particular allocation and derivation issue

What is there about the press release? Is it not to save face since agbadorians started attacking the agency for raising a constitutional question. Agbados are very rabid humans who do not apply commonsense in their approach to national issues. All they know is sycophancy

Now you are being a tribal biggot. I thought we were having a constructive argument?

I don't want to descend to that low and don't drag me into it.

Wallade:
Now you are being a tribal biggot. I thought we were having a constructive argument?

I don't want to descend to that low and don't drag me into it.

There's nothing like tribal bigot. Agbados are not limited to a particular tribe. They are the asinine sycophants of Tinubu who believes anything that comes from him must be swallowed hook, line and sinker

They joined him to oppose subsidy removal in 2012 and today they are hailing him for reforms that include subsidy removal. Is that not sycophancy?

RMAFC raised a constitutional argument and instead of them to look at it from that prism, they have reduced it to the tribe of the chairman as if the chairman will unilaterally arrive at the position without the concurrence of other members.

Wallade:
How is the proposed Tax Bills translating into Southwest politicians greed.

Doesn't the proposal favor every state?

Can you explain how it does not favor every state and Local Government?

You , explain how it favours every states.
He wants to make 60% derivation, when the headquarters of most of the companies paying VAT are in Lagos, Rivers, Ogun and Oyo.
So if these 4 States take 60% of the VAT proceed , what is left for the other 32 states to share. So how does it favour them. Meanwhile, the products of these companies are consumed in all the states. These are the bone of contention.
So south west are supporting it because Lagos, Ogun and Oyo states are the biggest beneficiary forgetting that Niger Delta states can as well ask for 60% derivation from Oil proceeds as well.
How did Tinubu arrive at 60% with consulting the States and even RMAFC.
This is the bad governance we are talking about.

Kukutente23:
There's nothing like tribal bigot. Agbados are not limited to a particular tribe. They are the asinine sycophants of Tinubu who believes anything that comes from him must be swallowed hook, line and sinker

They joined him to oppose subsidy removal in 2012 and today they are hailing him for reforms that include subsidy removal. Is that not sycophancy?

RMAFC raised a constitutional argument and instead of them to look at it from that prism, they have reduced it to the tribe of the chairman as if the chairman will unilaterally arrive at the position without the concurrence of other members.

But the chairman of RMAFC just cleared the air. He said he is in support of the tax reform bills. He said there was a misinformation and the news that RMAFC was against it is fake.

He even did a press briefing to that effect.

Let us leave it at that and not begging to denigrate others or blame Agbadorians - whatever that means

EXPRESSSMAN:
You , explain how it favours every states.
He wants to make 60% derivation, when the headquarters of most of the companies paying VAT are in Lagos, Rivers, Ogun and Oyo.
So if these 4 States take 60% of the VAT proceed , what is left for the other 32 states to share. So how does it favour them. Meanwhile, the products of these companies are consumed in all the states. These are the bone of contention.
So south west are supporting it because Lagos, Ogun and Oyo states are the biggest beneficiary forgetting that Niger Delta states can as well ask for 60% derivation from Oil proceeds as well.
How did Tinubu arrive at 60% with consulting the States and even RMAFC.
This is the bad governance we are talking about.

60% derivation of the total VAT generated from each state to the state where it is generated. Is that not beneficial to each of the states?

This is not bad governance in my view

Wallade:
60% derivation of the total VAT generated from each state to the state where it is generated. Is that not beneficial to each of the states?

No , in Nigeria, VAT is paid where the company is located. So, we saying if he wants to make 6o% derivation, then companies like MTN should be tracked to pay VAT in every states where MTN products are used .

Wallade:
But the chairman of RMAFC just cleared the air. He said he is in support of the tax reform bills. He said there was a misinformation and the news that RMAFC was against it is fake.

He even did a press briefing to that effect.

Let us leave it at that and not begging to denigrate others or blame Agbadorians - whatever that means

Did he do a press conference when he opposed the VAT component in the bill? Have you ever heard the word leaked before? RMAFC submitted a memo detailing their take on the tax bills. The memo was leaked by some interested party and now you are saying the chairman cleared the air. Did he put anything in the air that needs clearing?

That press briefing is called damage control. Ever heard of it. He's doing that to assuage bloody agbadorians who are already calling for his head for giving a professional and confidential take on a critical matter. That is agbadorians for you. No brain, just noise.

Wallade:
Please read:

https://rmafc.gov.ng/2024/12/press-release-rmafc-not-opposed-to-president-tinubus-tax-reform/

The subject of this discuss was a misinformation after all.

So , you want me to believe this when even your people here have started threatening and bullying the RMAFC man here. Well it is not misinformation.

Kukutente23:
Did he do a press conference when he opposed the VAT component in the bill? Have you ever heard the word leaked before? RMAFC submitted a memo detailing their take on the tax bills. The memo was leaked by some interested party and now you are saying the chairman cleared the air. Did he put anything in the air that needs clearing?

That press briefing is called damage control. Ever heard of it. He's doing that to assuage bloody agbadorians who are already calling for his head for giving a professional and confidential take on a critical matter. That is agbadorians for you. No brain, just noise.

The chairman of RMAFC is simply trying to inform you people that he is answerable to the Federal Executive Government.

His submissions are advisory through recommendations and justifications and he has submitted that to the executive government.

RMAFC is in agreement with the FG on the Tax Reform Bills and will see it through.

RMAFC has made it's input and is still making it's input on the bills as it affects Revenue Allocation.

Ultimately, don't pitch RMAFC against it's boss. They are working together.

Wallade:
The chairman of RMAFC is simply trying to inform you people that he is answerable to the Federal Executive Government.

His submissions are advisory through recommendations and justifications and he has submitted that to the executive government.

RMAFC is in agreement with the FG on the Tax Reform Bills and will see it through.

RMAFC has made it's input and is still making it's input on the bills as it affects Revenue Allocation.

Ultimately, don't pitch RMAFC against it's boss. They are working together.

Where is it in the press release that he is answerable to the executive.

Go and read the RMAFC Act and stop blowing ignorant air.

Are you the spokesman for RMAFC now or were they sleeping on a bicycle when they wrote their memorandum to the senate

There's nothing like boss. I already showed you that RMAFC is an autonomous institution. You are still working tirelessly to push them under control of the FG. You are beginning to sound like an agbadorian to me. They are the ones that insist on being wrong even in the face of superior facts.

EXPRESSSMAN:
So , you want me to believe this when even your people here have started threatening and bullying the RMAFC man here. Well it is not misinformation.

Don't mind the guy. It was a memorandum to the senate which was leaked probably by a northern senator and this one here is writing absolute bunkum. So we should believe a press release which is an afterthought and which never disowned the memorandum just to please agbadorians.

Kukutente23:
Where is it in the press release that he is answerable to the executive.

Go and read the RMAFC Act and stop blowing ignorant air.

Are you the spokesman for RMAFC now or were they sleeping on a bicycle when they wrote their memorandum to the senate

There's nothing like boss. I already showed you that RMAFC is an autonomous institution. You are still working tirelessly to push them under control of the FG. You are beginning to sound like an agbadorian to me. They are the ones that insist on being wrong even in the face of superior facts.

We shall see who the boss is!

Okay, RMAFC is an autonomous institution that advices the Federal Executive Government. It is not autonomous in isolation otherwise it's functions can't be achieved.

Call me whatever, that is your opinion and you are entitled to it.

Let me rest since there is no more basis for this argument anymore

Wallade:
So the bill does not favor Enugu, Anambra, Imo, Ebonyi and others?

It does not favor Kano, Bauchi, Kaduna, Nassarawa, Kogi, Edo, Delta, Rivers, Always Ibom and other?

It does not favor every state and Abuja in Nigeria?

Tell what you even know about the Tax Reform Bills. I can bet you don't know anything about it other than what you have heard on social media and your hatred for Yorubas and particularly the Tinubu

The bill only favoured Lagos and Tinubu Alfa-beta company. That's why the North killed it.

Kukutente23:
Is the judiciary elected
What about INEC

Presidents have been sacking members of the judiciary and INEC since time immemorial and this one will follow them.

shortIGBOman:
The bill only favoured Lagos and Tinubu Alfa-beta companies. That's why the North killed it.

Which bill are you talking about? The one that has passed the second reading or another?

MadamExcellency:
Which bill are you talking about? The one that has passed the second reading or another?

As e pass second reading why una never sign am to law? Abi na so them dey pass bills for National assembly?

Kukutente23:
Where is it in the press release that he is answerable to the executive.

Go and read the RMAFC Act and stop blowing ignorant air.

Are you the spokesman for RMAFC now or were they sleeping on a bicycle when they wrote their memorandum to the senate

There's nothing like boss. I already showed you that RMAFC is an autonomous institution. You are still working tirelessly to push them under control of the FG. You are beginning to sound like an agbadorian to me. They are the ones that insist on being wrong even in the face of superior facts.

Another thread that might interest you:

https://www.nairaland.com/8290652/tax-reforms-vat-not-under

We are all learning

Wallade:
Another thread that might interest you:

https://www.nairaland.com/8290652/tax-reforms-vat-not-under

We are all learning

What is here that makes sense if I may ask you. A tax that is collected by the FG and shared by the FG is suddenly not under the body statutorily empowered to share allocation. Make it make sense. Where is it in the constitution that FG should collect VAT in the first place? Taiwo is being clever by half.

shortIGBOman:
The Tinubu version is dead. The one that will later be approved is the version with contents that is not anti-North. Tinubu's original tax bill is dead. Anyhow it is, the North will prevail.

There is nothing Anti-North about the bill, it's pro hard working state governors.

To summarise a little bit, your Hisbah police cannot destroy alcoholic drinks whilst the state government is collecting monies made from alcoholic drinks.

It's a bit more complex than that but basically, earn what you spend.

Kukutente23:
What is here that makes sense if I may ask you. A tax that is collected by the FG and shared by the FG is suddenly not under the body statutorily empowered to share allocation. Make it make sense. Where is it in the constitution that FG should collect VAT in the first place? Taiwo is being clever by half.

Does RMAFC involve in the sharing of stamp duty tax?

Originally, VAT is supposed to be under the purview of the states. The reason it is left for the Federal government to collect and share to states is to prevent multiple tax in the first place so it is reasonable to conclude that RMAFC can't be involved in VAT sharing.

I think I concur with that argument

Thank you so much for your explanation and analysis. I know Tinubu will make the North to sit up. Enough of reaping where they did not show.

CodeTemplar:
The RMAFC man is obviously an ignoramus or tribal legend at best, parading as in intellectual. That it is called a consumption tax doesn't mean it is meant to serve the consumer or go to the consumer directly in anyway. It can still be collected at value addition location and reshared in Abuja, which is what Tinubu has done here. Let the ignoramus tell us who collects the VAT for good consumed outside Nigeria but within ECOWAS if the tax is for the consumer as they assume here.

It is a tax that should compensate whoever shoulders the burden of production or value-addition. It will be harsh to allow Lagos poach investors, create enabling environment, lost their land, culture, values to foreigners, suffer environmental degradation, provide supporting infrastructure like road, power, security and more, then you treat them equal with where the good are consumed because the textbook says VAT is a consumption (based) tax. It is collected from the consumer for consuming the value added unto the raw input but never meant for the consumer or her location.

It is like saying tolls collected in Kano for a road should go to Lagos or Rivers because the final destination of some of the passengers include Lagos and Rivers. The road is a service and is provided by Kano so why reward the destination of the passenger? What about passengers who end up in Ghana or Cameroon?

If we use this logic of the foolish and greedy RMAFC boss, states may be forced to collect it forcefully like that of a tolled road that serves interstate traffic and there will be chaos and rip offs because they will charge far higher than the flat rate FG is enforcing.

VAT is best managed centrally and redistributed to whoever is absorbing the impact of the value-addition within the value-addition chain accordingly. If nigeria must grow to become a hub where thing are manufactured and sold all over west Africa, this bill is good for rewarding value-adding states.

Wallade:
Does RMAFC involve in the sharing of stamp duty tax?

Originally, VAT is supposed to be under the purview of the states. The reason it is left for the Federal government to collect and share to states is to prevent multiple tax in the first place so it is reasonable to conclude that RMAFC can't be involved in VAT sharing.

I think I concur with that argument

Is RMAFC existing for only federal revenues or for federally collected revenue?
Check their act and get educated properly
All revenue collected for the federation is supposed to be under the purview of RMAFC. The federal govt also has a proportion of VAT that belongs to it. That's the VAT on imports and FCT.

Lol.. is RMAFC not an agency of the federal government? How can an agency oppose what the principal say? This country very funny

aswani:
There is nothing Anti-North about the bill, it's pro hard working state governors.

To summarise a little bit, your Hisbah police cannot destroy alcoholic drinks whilst the state government is calling monies made from alcoholic drinks.

It's a bit more complex than that but basically, earn what you spend.

What is hisbah? Kaduna alone have 2 brewery plants in this Country. Apart from Kaduna, it is only Lagos that have 2 brewery plants. Now tell me how Yoruba drink beer pass North?

The North don kill Tinubu's tax bill. If the thing pain you, do your worst