₦airaland Forum

Aboki99:
1.) Obajana, one of Dangote's cement factories based in Kogi State, is the biggest cement company in Nigeria, nay Africa.

However, all VAT payabale from Obajana (which sells the bulk of its cement products in the North) are captured under Lagos because the parent Dangote Cement Company Plc was REGISTERED in Lagos.

2. ) Savannah Sugar Company based in Numan, Adamawa state, is the biggest cement maker (not processor). It converts raw sugarcane planted, grown and cultivated in Adamawa, Yobe, Taraba, Jigawa etc into final-user sugar.

However, simply because Dangote Sugar Plc was REGISTERED in Lagos, all the value added (planting, growing and cultivation of sugarcane etc) tax (VAT) that Savannah Sugar Company, Numan pays are recorded for Lagos.


These are just two examples of how Lagos SHORTCHANGE other states.

Yet Tinubu wants to increase the share of LAGOS's VAT because he thinks northerners are stupid and cant understand elementary economics of VAT.

Aboki99:
1.) Obajana, one of Dangote's cement factories based in Kogi State, is the biggest cement company in Nigeria, nay Africa.

However, all VAT payabale from Obajana (which sells the bulk of its cement products in the North) are captured under Lagos because the parent Dangote Cement Company Plc was REGISTERED in Lagos.

LegendHero:
If the new tax system aims to ensure that VAT is paid to the location where it is actually generated, rather than to the headquarters, how is this a disadvantage to the North, especially considering it aligns with the very argument you made in the Dangote example?

Before coming online to share an opinion, make sure you have the intellectual capacity to back up your argument.

The funniest part is that you might be the most intelligent person in your local government. If you’re this dull, only God knows what those less intelligent than you are going through.


THIS IS NOT CONTAINED IN THE TAX BILL.

GO AND CHECK IT.

Aboki99:
1.) Obajana, one of Dangote's cement factories based in Kogi State, is the biggest cement company in Nigeria, nay Africa.

However, all VAT payabale from Obajana (which sells the bulk of its cement products in the North) are captured under Lagos because the parent Dangote Cement Company Plc was REGISTERED in Lagos.

2. ) Savannah Sugar Company based in Numan, Adamawa state, is the biggest cement maker (not processor). It converts raw sugarcane planted, grown and cultivated in Adamawa, Yobe, Taraba, Jigawa etc into final-user sugar.

However, simply because Dangote Sugar Plc was REGISTERED in Lagos, all the value added (planting, growing and cultivation of sugarcane etc) tax (VAT) that Savannah Sugar Company, Numan pays are recorded for Lagos.


These are just two examples of how Lagos SHORTCHANGE other states.

Yet Tinubu wants to increase the share of LAGOS's VAT because he thinks northerners are stupid and cant understand elementary economics of VAT.

LegendHero:
If the new tax system aims to ensure that VAT is paid to the location where it is actually generated, rather than to the headquarters, how is this a disadvantage to the North, especially considering it aligns with the very argument you made in the Dangote example?

Before coming online to share an opinion, make sure you have the intellectual capacity to back up your argument.

The funniest part is that you might be the most intelligent person in your local government. If you’re this dull, only God knows what those less intelligent than you are going through.

Aboki99:
1.) Obajana, one of Dangote's cement factories based in Kogi State, is the biggest cement company in Nigeria, nay Africa.

However, all VAT payabale from Obajana (which sells the bulk of its cement products in the North) are captured under Lagos because the parent Dangote Cement Company Plc was REGISTERED in Lagos.

2. ) Savannah Sugar Company based in Numan, Adamawa state, is the biggest cement maker (not processor). It converts raw sugarcane planted, grown and cultivated in Adamawa, Yobe, Taraba, Jigawa etc into final-user sugar.

However, simply because Dangote Sugar Plc was REGISTERED in Lagos, all the value added (planting, growing and cultivation of sugarcane etc) tax (VAT) that Savannah Sugar Company, Numan pays are recorded for Lagos.


These are just two examples of how Lagos SHORTCHANGE other states.

Yet Tinubu wants to increase the share of LAGOS's VAT because he thinks northerners are stupid and cant understand elementary economics of VAT.

Aboki99:
1.) Obajana, one of Dangote's cement factories based in Kogi State, is the biggest cement company in Nigeria, nay Africa.

However, all VAT payabale from Obajana (which sells the bulk of its cement products in the North) are captured under Lagos because the parent Dangote Cement Company Plc was REGISTERED in Lagos.

2. ) Savannah Sugar Company based in Numan, Adamawa state, is the biggest cement maker (not processor). It converts raw sugarcane planted, grown and cultivated in Adamawa, Yobe, Taraba, Jigawa etc into final-user sugar.

However, simply because Dangote Sugar Plc was REGISTERED in Lagos, all the value added (planting, growing and cultivation of sugarcane etc) tax (VAT) that Savannah Sugar Company, Numan pays are recorded for Lagos.


These are just two examples of how Lagos SHORTCHANGE other states.

Yet Tinubu wants to increase the share of LAGOS's VAT because he thinks northerners are stupid and cant understand elementary economics of VAT.

Aboki99:
1.) Obajana, one of Dangote's cement factories based in Kogi State, is the biggest cement company in Nigeria, nay Africa.

However, all VAT payabale from Obajana (which sells the bulk of its cement products in the North) are captured under Lagos because the parent Dangote Cement Company Plc was REGISTERED in Lagos.

2. ) Savannah Sugar Company based in Numan, Adamawa state, is the biggest cement maker (not processor). It converts raw sugarcane planted, grown and cultivated in Adamawa, Yobe, Taraba, Jigawa etc into final-user sugar.

However, simply because Dangote Sugar Plc was REGISTERED in Lagos, all the value added (planting, growing and cultivation of sugarcane etc) tax (VAT) that Savannah Sugar Company, Numan pays are recorded for Lagos.


These are just two examples of how Lagos SHORTCHANGE other states.

Yet Tinubu wants to increase the share of LAGOS's VAT because he thinks northerners are stupid and cant understand elementary economics of VAT.

Cindypresh:
Kogi is not North, so shut the fcck up

Aboki99:
Kogi is north, whether ur pa. Pa knows it or not