₦airaland Forum

Orch1981:
Southeast shouldn't be generating any stupid vat Nigeria as a useless country does not deserve anything from south east because they never build anything in south east all of una papa dey ment

fx45:
How many barrels of crude oil and natural gas leaves Imo on a daily basis and how much allocation do they get at the end of every month?

Figger:
Exactly, all these fuss about VAT as if it's the country's only economic mainstay. Na oil money dey sustain Nigeria , period!

3ice9ce:
Na the mad man wey impregnate your mama you dey folo tall. Useless Biafran bush pig.

BlackyOne:
Lagos is a thief, VATs for Multinationals are paid to Lagos state but they operate and sell their products across the country.

Which state does consumer tax from FMCG, Breweries etc go to? How about Oil corporation operating in South South and South East while their headquarters is in Lagos.

Why is it that it's only Lagos Ports that receives over 90% of all cargoes imported into the country, why is Warri port, Koko port, Calabar port, Onne (operating at low capacity), not functioning as they should?

Fiscus105:
Contributed according to locations of Headquarters and not actual amount.

Fiscus105:
The list you saw there, is the current formula of calculating VAT, which they intended to abolish, this is list that takes every VAT generated by all STATES COMBINED to the HEADQUARTERS of that Company, instead to calculate it for the states that generated it.

Beolly:
How many oil South east get?

Slurity:
THE IGBO PEOPLE THAT WANT BIAFRA, ALWAYS BEHAVING AS IF NIGEWRIANS ARE DEPENDING ON THEM. DOT NATION IN BUHARI;S VOICE

discusant:
What do you expect from a state whose successive governors made only one city - Owerri to be viable economically. They continue to build Tower of Babel city of the state capital, Owerri while they watch the other cities that started Imo state with Owerri to go down the drain.

BlackyOne:
Lagos is a thief, VATs for Multinationals are paid to Lagos state but they operate and sell their products across the country.

Which state does consumer tax from FMCG, Breweries etc go to? How about Oil corporation operating in South South and South East while their headquarters is in Lagos.

Why is it that it's only Lagos Ports that receives over 90% of all cargoes imported into the country, why is Warri port, Koko port, Calabar port, Onne (operating at low capacity), not functioning as they should?

BlackyOne:
Lagos is a thief, VATs for Multinationals are paid to Lagos state but they operate and sell their products across the country.

Which state does consumer tax from FMCG, Breweries etc go to? How about Oil corporation operating in South South and South East while their headquarters is in Lagos.

Why is it that it's only Lagos Ports that receives over 90% of all cargoes imported into the country, why is Warri port, Koko port, Calabar port, Onne (operating at low capacity), not functioning as they should?

emee701:
So why is Ogun not generating good vat with all the companies. Why is ekiti generating more than Ondo state. Vat is different from igr. States that consume more beer, more hotels, clubs, events would have more vat

yashau:
https://x.com/thecableindex/status/1882688726800720345?t=13LQSghV2wez_QWewvSUUA&s=19[/quote]Wicked poster. Lol. Na the highest and lowest contributors face you just paste join the apriko. Shameless Imo state governor. They just sit and share 'loot'.

yashau:
https://x.com/thecableindex/status/1882688726800720345?t=13LQSghV2wez_QWewvSUUA&s=19[/quote]Imo State Ooo..!!

Richtaiwo:
So Oyo contributed N272 billion and received less than half while Imo contributed N4 billion and received almost 18 times same amount. Is that supposed to be a state or a syphoning structure? Anambra, Imo, Enugu, Ebonyi, and Abia should be merged as one state. Wtf.

God bless Tinubu on the Tax Reform Bill. Very soon, the Bayelsa model will apply where contribution and receipt are almost the same. Monkey wey dey work no complain, na the baboons wey dey chop come dey complain of marginalisation.

Let's not even talk about Lagos before some economic migrants claim they developed Lagos. Lagos contributed 2.7 trillion and received 460 billion.

Beolly:
How many barrels of crude oil leaves ONDO state on a daily basis and how much allocation do they get at the end of every month?

SeeWahala:
See you 😂

Me? I am igbo, I am obidient, I am from Imo state and I am extremely happy and fulfilled with the news in the op of this thread

Ask me any questions and I will answer 😊 it feels good experiencing what the northerners have always been enjoying in Nigeria aka, monkey dey work baboon dey chop hahaha 🤣😂

Nothing like tax reform rubbish abeg. Make all these angry and strategic northerners destroy the country if tilumbu dare try am

3ice9ce:
Then Lagos was FCT, it was only Lagos Island up to parts of Yaba. It didn't extend to Lekki or even Oniru.
Lagos already had an airport in 1947, before Nigeria's independence.

I hope in the future, you have more tenable excuses to give your children for the backwardness of their ancestors.

Beolly:
Are your state and LGA deprived of monthly allocations since 1999? Is Oyo and River state enjoying or enjoyed any special privileges from the FG?

sweetjohn:
You be mumu. Has Yorubas ever built anything reasonable. Apart from Lagos that was built by oyibos, FG and Igbos, which other state in SW can you say it’s reasonable or half developed. SE is not backward, I mean, why am I disturbing myself, when since they born you you never cross beyond Lagos Ibadan express way.

yashau:
Imo state yaff ripped everybody 😂 contributed 4 collect 70. That's daylight robbery 👌

Wande22:
No. 1 downside of Ogun State is their UNREPENTANT BAD ROADS

fx45:
Imo produces 17,000 barrels of crude per day. Brent Crude currently sells for $78 per barrel. I can help you do the math

17,000 x 365 = 6,205,000 barrels per year.na lie oh,I will give you the figuresfrom NNPC.Oil production in 2023
Delta 131024513
Ondo 12303686
Edo 10963822
Rivers 56989883
Bayelsa 60191895
AkwaIbom 80194887
IMO 5346476
ABIA 2475461
ANAMBRA 3991017

6,205,000 x $78 = $483,990,000

Based on the current exchange rate of N1626 for $1, Imo State rakes in N786,967,740,000bn per year for the Zoo.

Now how much does Imo State get per month as Federal allocation? Imo gets an average N9bn per month as allocation. Multiply it by 12.

These figures exclude revenue from natural gas... And Imo State has the largest gas reserves in Nigeria.

Now tell us who is stealing from who

Ndi ara!

es144000:
daily for IMO in 2023 came to 14647,last year was similar,this year will not be much different. Anyway 17000 is not far off.

fx45:
Imo produces 17,000 barrels of crude per day. Brent Crude currently sells for $78 per barrel. I can help you do the math

17,000 x 365 = 6,205,000 barrels per year.

6,205,000 x $78 = $483,990,000

Based on the current exchange rate of N1626 for $1, Imo State rakes in N786,967,740,000bn per year for the Zoo.

Now how much does Imo State get per month as Federal allocation? Imo gets an average N9bn per month as allocation. Multiply it by 12.

These figures exclude revenue from natural gas... And Imo State has the largest gas reserves in Nigeria.

Now tell us who is stealing from who

Ndi ara!

Figger:
abia and imo state no get oil pass waste?

sweetjohn:
Yes. 100%