₦airaland Forum

How PBAT does this all the time effortlessly needs studying...the man seem to always have his way.

trendingnigeria:
https://www.channelstv.com/2025/01/16/video-passage-of-tax-reform-bills-to-attract-more-investments-says-sule/

No end to the lies!

Everything that they said was going to attract investment in the past, two years, single one , we no see.

Who wan come invest in an insecurity and corruption infested shithole ?

Mchewww.

temitope27:
Tax reform bill has come to stay


Olodumare bless ASÍWÁJÚ Bola Ahmed Tinubu

I am now fully in support of the tax reform after the communique of the Nigerian governmenors

alrahmanonline:
If you no like jagaban na your loss, after all the initial gragra of the governors, all of them later fold. 🙌🙌🙌 President general of all the nation. All hail jagaban of Africa

Read their communique of yesterday , and I am now in support . Lovenorth forever

https://www.youtube.com/watch?v=6a2ftFSDwNU

temitope27:
The fear of jagaban is the beginning of wisdom

Nothing like fear. That's the power of consultation. Mr. President convinced the Governors on why the tax reform bill should be supported.If he doesn't have the support of the Governors,the bills would not be passed at N/ Assembly.

You mean more corruption and embezzlement

Great!

Politics is about compromise

Let's make progress

Lovenorth:
I am now fully in support of the tax reform after the communique of the Nigerian governmenors

What was the previous sharing formular?

Only with that knowledge can you gloat

Also the bill is not about VAT

galserv:
What was the previous sharing formular?

Only with that knowledge can you gloat

Also the bill is not about VAT

Exactly

That is what have been looking for.

What exactly is the details of the new one they all agreed to. Was there a reduction for what Tinubu wanted or the Northern Govornors later had their way?

Everything seem to be shrouded in secrecy. Does this work for the South the more or not?

temitope27:
Tax reform bill has come to stay


Olodumare bless ASÍWÁJÚ Bola Ahmed Tinubu

Bless Tinubu for what?
The tax reform bill you were told is not the same tax reform bill before the national assembly anymore. It has beeen ammended to please the owners of Nigeria

alrahmanonline:
If you no like jagaban na your loss, after all the initial gragra of the governors, all of them later fold. 🙌🙌🙌 President general of all the nation. All hail jagaban of Africa

Jagaban that has been jagarized.
The reform bill you are clamoring for isn't same bill the governors agreed to. It has been ammended to suit the owners of Nigeria.
So what has Tinubu done special?

happney65:
Exactly

That is what have been looking for.

What exactly is the details of the new one they all agreed to. Was there a reduction for what Tinubu wanted or the Northern Govornors later had their way?

Everything seem to be shrouded in secrecy. Does this work for the South the more or not?

What I am sure of is that it's not what it used to be.

Also, VAT sharing may have been used to divert attention from more sensitive and key reforms in the bill.

How will increase in taxes will attract more investment.

https://www.youtube.com/watch?v=6a2ftFSDwNU
.

I have read the communique from the NGF on the Tax Policy several times and I now totally understand why Tinubu rushed the removal of Fuel subsidy on his Inauguration Day.

Ajeh… This country was not politically setup to succeed

galserv:
What was the previous sharing formular?

Only with that knowledge can you gloat

Also the bill is not about VAT

I just now love the bill and I have right to do that, let the Zombie show me how it only favors him

Lovenorth:
I just now love the bill and I have right to do that, let the Zombie show me how it only favors him

That's what I am saying. What has made you love the bill? What was the original proposition compared to this new one

galserv:
That's what I am saying. What has made you love the bill? What was the original proposition compared to this new one

We, members of the Nigeria Governors’ Forum (@NGFSecretariat) and presidential tax reform committee, convened on the 16th of January 2025 to deliberate on critical national issues, including the reform of Nigeria’s fiscal policies and tax system, and arrived at the following
resolutions:

1. The Forum reiterated its strong support for the comprehensive reform of Nigeria’s archaic tax laws. Members acknowledged
the importance of modernizing the tax system to enhance fiscal stability and align with global best practices.

2. The Forum endorsed a revised Value Added Tax (VAT) sharing formula to ensure equitable distribution of resources:

•50% based on equality,
•30% based on derivation, and
•20% based on population.

The "sharing formula" is at the very core of the proposed tax reform bills.


Any other consideration without taking this into cognizance would amount to beating about the bush.


This is not a question of the North vs the South but that of objectivity.


If States must be made to look inwards, the proposed tax reform bills would form the foundation for economic emancipation from the economic apron strings of the FG and bring about macro development across Nigeria.




@hotseat

https://www.youtube.com/watch?v=6a2ftFSDwNU

Lovenorth:
We, members of the Nigeria Governors’ Forum (@NGFSecretariat) and presidential tax reform committee, convened on the 16th of January 2025 to deliberate on critical national issues, including the reform of Nigeria’s fiscal policies and tax system, and arrived at the following
resolutions:

1. The Forum reiterated its strong support for the comprehensive reform of Nigeria’s archaic tax laws. Members acknowledged
the importance of modernizing the tax system to enhance fiscal stability and align with global best practices.

2. The Forum endorsed a revised Value Added Tax (VAT) sharing formula to ensure equitable distribution of resources:

•50% based on equality,
•30% based on derivation, and
•20% based on population.

What did the presidential tax reforms propose ab initio

Abdullah36:
I think it's the other way.
The fear of the Governors is what makes Tinubu to agree with their terms

Please where and when did Tinubu agreed to their terms?

ItsTutsi:
Listen to the interview, Gov Sule said Tinubu asked them to make amends without necessarily withdrawing the bill

Thats why they came with new formula and proposal, which is just similarto the status quo. If they eventually pass it, it is Tinubu that succumbednot the governors

Make una use una brain reason, no be everything be chestbeating

Mr man, you have comprehension inadequacies and I believe you are the one that actually need to use your brain more.

First, you claimed Tinubu agreed to the governors terms, I asked you where and when did he agree to it but you're showing NGF communique. Is the Tinubu the Chiarman of NGF?

Later you said if they pass it, it is Tinubu that succumb. So it is no more Tinubu has agreed to their terms again. And I'm wondering how issue of chest-beating enter into the conversation.

Guy, you're generally confused.

alrahmanonline:
If you no like jagaban na your loss, after all the initial gragra of the governors, all of them later fold. 🙌🙌🙌 President general of all the nation. All hail jagaban of Africa

This is the reason jagaban is well and generally accepted by well meaning Nigerians. Sincerely, it's not the fault of Those that didn't know Tinubu as a hard decisions taker and achiever.

Strategizing with others;

1.He Faught military to install democracy by force in Nigeria. then, military was not willing to go.
2. He Faught Many political battles in SW to put Lagos on the prosperity lane.
3.he formed a national party to unseat a sitting president for the first time in Nigeria.
4.he Faught Many battle to win elections and become president.
5. He is fighting to reform Nigeria for prosperity and he is winning all his obstacles.

No be today, Tinubu will not fail.

galserv:
What did the presidential tax reforms propose ab initio

afriwise logo
President Tinubu’s Tax Reform Bill: Implications and Pathways for Progress

Nigeria
Tax
Legislation
17/12/2024
OAL
The introduction of President Bola Tinubu’s Tax Reform Bill has sparked widespread debates across Nigeria. This proposed legislation aims to overhaul the country’s tax collection and administration systems, presenting an opportunity to create a more equitable and efficient taxation model. At the heart of the bill are transformative provisions, such as revisions to the Value Added Tax (VAT) revenue-sharing formula and exemptions for small businesses and the average Nigerians. While these changes could potentially revitalize Nigeria’s economy, they also expose critical issues within the country’s federal structure, particularly the economic imbalances among regions (States and Local Governments).

‍

One of the most contentious aspects of the reform is the proposed VAT revenue-sharing formula. Under the new model, 60% of VAT revenue will be allocated to the state where goods and services were consumed, 20% distributed based on population, and the remaining 20% equally shared among all states. This marks a departure from the current system, where revenue is distributed based on where companies remit taxes, often in states with a high concentration of corporate headquarters like Lagos and Rivers. While the new model aims to ensure fairness by emphasizing consumption patterns, it has drawn intense criticism, especially from northern state governors and stakeholders who feel disadvantaged.

https://www.youtube.com/watch?v=6a2ftFSDwNU

.

This is what the governors proposed and agreed on, Governor Sule is addressing the media base on this proposal, but see how una are chestbeating and making noise!

They didn't bow to anything, its even more like it was Tinubu that succumbed if eventually the bill is passed

phemray:
This is the reason jagaban is well and generally accepted by well meaning Nigerians. Sincerely, it's not the fault of Those that didn't know Tinubu as a hard decisions taker and achiever.

Strategizing with others;

1.He Faught military to install democracy by force in Nigeria. then, military was not willing to go.
2. He Faught Many political battles in SW to put Lagos on the prosperity lane.
3.he formed a national party to unseat a sitting president for the first time in Nigeria.
4.he Faught Many battle to win elections and become president.
5. He is fighting to reform Nigeria for prosperity and he is winning all his obstacles.

No be today, Tinubu will not fail.

[quote author

Epistasis:
Bola Ahmed Tinubu, the man, the leader!!!

For the first time, we have a leader that will never bow to pressure from the northern oligarchs.

On your mandate, we stand, Bola!

=tre

free2ryhme:
Some northern governors initially criticized the tax reform bill but are now backing it, likely after seeing its potential benefits. The bill has gained momentum in recent weeks, with many realizing it could help boost the economy and create opportunities for Nigerians.

nd

Obaofaba:
Give it Tinubu, that man can make you eat your vomit.

Where are all those northern elites criticising the reforms?

in

kunle4toyeyaho:
Nothing like fear. That's the power of consultation. Mr. President convinced the Governors on why the tax reform bill should be supported.If he doesn't have the support of the Governors,the bills would not be passed at N/ Assembly.

gnigeria post=133751092]So, this governor finally made U-turn[/quote]

This is the final proposal by the governors, if eventuallyit scales through. Then its just like a status quo, so I don't know why you guys are cuestbeating

temitope27:
Tax reform bill has come to stay


Olodumare bless ASÍWÁJÚ Bola Ahmed Tinubu

Listen to the interview, Gov Sule said Tinubu asked them to make amends without necessarily withdrawing the bill

Thats why they came with new formula and proposal, which is just similarto the status quo. If they eventually pass it, it is Tinubu that succumbednot the governors

Make una use una brain reason, no be everything be chestbeating

Ijaya123:
Please where and when did Tinubu agreed to their terms?

Obaofaba:
Give it Tinubu, that man can make you eat your vomit.

Where are all those northern elites criticising the reforms?

Abdullah36:
I think it's the other way.
The fear of the Governors is what makes Tinubu to agree with their terms

I wouldn't blame Tinubu, I think if southerner governors had objected the demands of the northerner governors, it wouldn't have ended just like that. But the southerner governor sold their people for a peanut to pacify the North.

Those guys seems to have comprehensive problem or is it the eagerness to praise Tinubu that is making them run mad!

The governor is specifically talking about the agreement based on the proposal reached by the govs forum, but see them chest beating!

If it stands, it’s actually a setback for the south

Lovenorth:
Read their communique of yesterday , and I am now in support . Lovenorth forever