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Why VAT Reform? And Why Not Crude Oil And Gas Reform. - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsWhy VAT Reform? And Why Not Crude Oil And Gas Reform. (229 Views)

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Why VAT Reform? And Why Not Crude Oil And Gas Reform. by pazienza(op): 7:12am On Dec 20, 2024
The SW proponents of VAT Reform want everyone to believe that it's all about equity and fairness.
But we know that Nigeria's main source of revenue is Crude oil and Gas, so if you are going to reform the VAT because you want equity, why not start from the bigger elephant of injustice in the room which is crude oil and Gas?
Why not go back to 100% derivation for oil and gas for producing states?
Oh let me get it, that arrangement doesn't favour Lagos and SW except Ondo?

Do you lots from SW take everyone in Nigeria to be stupid?
Re: Why VAT Reform? And Why Not Crude Oil And Gas Reform. by Paraman: 7:16am On Dec 20, 2024
pazienza:
The SW proponents of VAT Reform want everyone to believe that it's all about equity and fairness.
But we know that Nigeria's main source of revenue is Crude oil and Gas, so if you are going to reform the VAT because you want equity, why not start from the bigger elephant of injustice in the room which is crude oil and Gas?
Why not go back to 100% derivation for oil and gas for producing states?
Oh let me get it, that arrangement doesn't favour Lagos and SW except Ondo?

Do you lots from SW take everyone in Nigeria to be stupid?
Jonathan should have done it when he was there. Let Tinubu do the things he promised to do, if someone else get there in 2031, he can work on how oil money is distributed.
Re: Why VAT Reform? And Why Not Crude Oil And Gas Reform. by stonemasonn: 7:19am On Dec 20, 2024
Maybe you should research the petroleum industry bill (PIB).
Re: Why VAT Reform? And Why Not Crude Oil And Gas Reform. by Cindypresh(f): 7:35am On Dec 20, 2024
pazienza:
The SW proponents of VAT Reform want everyone to believe that it's all about equity and fairness.
But we know that Nigeria's main source of revenue is Crude oil and Gas, so if you are going to reform the VAT because you want equity, why not start from the bigger elephant of injustice in the room which is crude oil and Gas?
Why not go back to 100% derivation for oil and gas for producing states?
Oh let me get it, that arrangement doesn't favour Lagos and SW except Ondo?

Do you lots from SW take everyone in Nigeria to be stupid?
Nnaa relax, that tax reform is dead on arrival.

Until Lagos seaport and airport is stripped off its monopoly, they're not ready for talks
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