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Tinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsTinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu (6161 Views)

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Re: Tinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu by easytig(m): 10:53am On Feb 20, 2025
The funny thing is all these taxes is for him and his cronies,the north where super stupid to give him power.
Re: Tinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu by themanderon: 10:55am On Feb 20, 2025
Elvis2kay:
Come to Denmark and see the wonder TAX payment is doing... you can't eat your cake and have it.
What is the same tax doing in Nigeria if not lining up the pockets of the political class and supporting their ostentatious lifestyles?
Re: Tinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu by easytig(m): 10:55am On Feb 20, 2025
To eat three square meal na grace of God for the middle class
Re: Tinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu by kenchop: 10:57am On Feb 20, 2025
Apt
Re: Tinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu by anonimi: 10:58am On Feb 20, 2025
ogododo:
https://www.vanguardngr.com/2025/02/tinubus-obsession-with-tax-hikes-will-stifle-growth-and-deepen-poverty-by-olu-fasan/
If it has worked well to hold 20 million smart Lagosians in poverty and deprivation bondage for over 25 years, then it will work for 200 million Nigerian mumus at the federal level.
The Lagos magician is a brilliant politician.

Glimpsetv:
A large crowd of Lagosians was filmed in a long queue struggling to collect a loaf of bread. To maintain order, several military personnel were on the ground to control the crowd. This has triggered a lot of reactions online.

Watch the video, share your thoughts in the comments.


https://www.youtube.com/watch?v=zYltMapDyIo?si=0-hO0Vt5C9uBxVd1
anonimi:
The eyesore on Bourdillon Road
2nd January 2025

Beyond his neighbours, there is something about the sight of people hanging around a president’s residence that does not speak well of his leadership capabilities. Maybe no one has nudged him to see it, but the impression that spectacle on Bourdillon Road generates is that Tinubu enjoys the sight of suffering humans and thrives in—and through— their poverty.

If all these years, impoverished people hang around you and you remain comfortable enough to keep them just so they can be handed tokens of your large heart, then it means you have a pro-poverty mindset. Such a frame of mind is oriented toward cultivating poverty rather than stimulating abundance. That is why he could unproblematically relate the story of his “friend” who went from using five Rolls Royce to a far-less valued car and not consider the import of the nonsense he was saying. That spurious account was an indication that this is a man for whom poverty—of others, not himself—is an ideal.

https://punchng.com/the-eyesore-on-bourdillon-road/
Re: Tinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu by easytig(m): 11:03am On Feb 20, 2025
Every damn thing has been taxed astronomically,Na to tax the people for breathing remain, wetin dem neva put tax ,Na clothes,food, transport, fuel,data, importation,even production sef,Na wa for black leaders o
Re: Tinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu by anonimi: 11:04am On Feb 20, 2025
themanderon:
What is the same tax doing in Nigeria if not lining up the pockets of the political class and supporting their ostentatious lifestyles?
Let us start with Lagos where increased taxes and budget for the last quarter have yielded nothing but misery, greater poverty and deprivation of basic services and utilities as well as infrastructure maintenance in the inner cities.

obonujoker:
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#Statisense
(The Economist)
Lawmaker scores Lagos Water Corporation low

A Lagos State lawmaker, Mr Saka Fafunmi, on Thursday expressed dissatisfaction at the performance of the state Water Corporation.

Fafunmi, a member of the Lagos State House of Assembly (LAHA), said in Ikeja that the corporation had not been able to justify statutory allocations to it.

The lawmaker, who represents Ifako-Ijaiye Constituency 1 at the assembly, spoke to the News Agency of Nigeria (NAN).

He said that the corporation had the capacity to generate much fund internally through water rates but had relied solely on government funding because of poor performance.

'' Anyone that is using water will be willing to pay for it; the corporation has not been giving us water.

"Is there any new community that Water Corporation has given water? People depend on boreholes; even government estates have industrial boreholes.

"Why do we keep pumping money into an agency that does not give us the desired results?'' he asked.

He noted that the Adiyan Waterworks was located at Ifako-Ijaiye, where many of the residents had resorted to digging boreholes as a means of getting water.

''A lot of people are falling sick because they don't drink clean water.

''In the same compound, where you have sewage, is where you have a borehole.

''There is no way you can manage the sewage that it will not leak and pollute the water; everyone drinking such is drinking contaminated water,'' he said.

The lawmaker urged the corporation to increase water reticulation and supply to residents.

From: http://www.punchng.com/politics/lawm...rporation-low/
https://repository.upenn.edu/cgi/viewcontent.cgi?article=1056&context=mes_capstones;Ensuring

Re: Tinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu by villagereporter(m): 11:06am On Feb 20, 2025
Elvis2kay:
Come to Denmark and see the wonder TAX payment is doing... you can't eat your cake and have it.
.

So what has been d wonder tax is doing in Nigeria? Example is morally needed.
Re: Tinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu by Kennitrust(m): 11:06am On Feb 20, 2025
EdiskyHarry:
If we want to be sincere to ourselves, can we mention one thing good the masses have archived from tinubu's government?
(Sentiment, tribalism, politics and religion aside)
If you said can we mention 1000 and 1 bad things Nigerian has seen in this government... I think I for try grin
Re: Tinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu by ceejay80s(m): 11:07am On Feb 20, 2025
The tax is for his pocket and next election spending....
Go and see what united kingdom has done with their tax,
Why do they enjoy traveling there
Re: Tinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu by ambale(m): 11:08am On Feb 20, 2025
dibunotion:
Nigeria has subtle tax laws, poorly implemented and exploited by most. And this should be every government primary source of revenue.
As long as these new reforms will be equitable, devoid of exploitation and corruption then it should be embraced.
Just because you hate someone doesn't mean all their acts are evil. Even saints are prone to errors
We all know it won't be equitable, na when there's accountability na him tax fit dey equitable

Do you know how much your political leaders earn, so as to tax them properly?

At the end, na the already suffering masses go still suffer the more
Re: Tinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu by frog12: 11:11am On Feb 20, 2025
sounds easy for olu fasan to say this. people in nigeria don't pay tax grin grin:

Think about it: interest rate is 27.50 per cent, inflation is 34.80 per cent, the exchange rate is around N1,600/$, and, on top of those, there are high taxes, levies and charges. How can any economy grow in those conditions?
Re: Tinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu by Bluffly: 11:14am On Feb 20, 2025
Elvis2kay:
Come to Denmark and see the wonder TAX payment is doing... you can't eat your cake and have it.
Is Denmark as resourceful as Nigeria. We have a lot of resources that could ameliorate Nigerians from Tax burden. Most are not harnessed and the harnessed ones, their proceeds are being misappropriated and stolen
Re: Tinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu by mbahdi(m): 11:17am On Feb 20, 2025
D slowpoke is already taxing d air we breath
Re: Tinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu by anonimi: 11:18am On Feb 20, 2025
okeyfx:
Una go explain tire, when we all was begging you guys to help us put Peter Obi in there una no gree.

Obi no sabi politics, naija don meet person wey "sabi" politics. grin grin grin grin grin
Pandora Bitter Obi na double loss to himself and humanity as e no sabi politics and e no even sabi governance, except to dey do chochocho hypocrisy upandan.

Was it not his cluelessness that helped T-Pain into Aso Rock with his tribal headless mob giving him almost 100% Igbo votes in the five SE sattes plus Lagos?

If Obi and his followers have any conscience, should they not be asking for forgiveness and doing penitence plus restitution for putting us into this ebilokan continuity of APC shege huh

jameshankss:
Anambra State Governor, Professor Chukwuma Soludo, has said he is sure the candidate of Labour Party (LP), Mr Peter Obi, would lose the 2023 presidential election. Soludo said he would not submit to the bullying of Obi’s supporters, who recently descended on him for addressing issues in the state.

The governor made the comments in a lengthy write-up personally authored, with the title, “History Beckons, and I Will Not Be Silent (Part 1).”

Soludo said Obi was inadvertently making the pathway to victory much easier for the presidential candidate of All Progressives Congress (APC), Bola Tinubu, and at the same time, toying with the destiny of millions of Ndigbo.

But the chief spokesperson for the Labour Party Presidential Campaign, Yunusa Tanko, accused Soludo of being sponsored by some unknown persons to weaken the base of the party in the South-east.

The former CBN governor had been under intense attack for close to a week for dismissing Obi’s investment in the state as amounting to nothing, during a television interview.

Soludo said in the write-up, “My attention has been drawn to some of the tirades on social media following my frank response during an interview on Channels TV regarding the ‘investments’ Mr. Peter Obi claimed to have made with Anambra State revenues.

“Sadly, several of the comments left the issue of the interview to probe or suggest motives, inferred from my response on ‘investment’ that I am opposed to Peter Obi’s ambition and, therefore, committed a ‘crime’ for which the punishment is internecine abuse and harassment, even to my family.

“Everyone knows that I don’t follow the winds or one to succumb to bullies, or shy away from a good fight especially, when weighty matters of principles and future of the people are involved.”

Soludo said he had urged Obi to return to his former party, the All Progressives Grand Alliance (APGA), to actualise his presidential bid. He added that he had always told the LP candidate to his face that he was not capable of winning the 2023 presidential election, especially, under LP, which had neither a councillor nor a local government chairman.

Soludo said Obi was not just his friend, but also his brother, but despite that, they have their political differences.

He stated, “For full disclosure, let me state that Peter Obi and I are not just friends, we call ourselves ‘brothers’. But we have political differences: he left APGA for PDP after his tenure as governor, while I have remained in APGA since 2013.

“During the last two governorship elections in Anambra in 2017 and 2021, he led the PDP campaigns but APGA won landslide in both elections. By the way, in 2016, he visited and proposed that I defect to PDP and contest the 2017 election against the incumbent Willie Obiano, but I declined.

“After my victory in November 2021, he called to congratulate me, as I did to him in 2010. That is the Anambra way: we fight fiercely during campaigns but share drinks at the next social events. After all, it was the Great Zik of Africa, who taught us that in politics, there are no permanent friends or permanent enemies but only permanent interests.”

Arguing that Obi’s presidential bid would only work in favour of Tinubu, Soludo said, “Indeed, if I were Asiwaju Tinubu, I would even give Peter Obi money as someone heading one of the departments of his campaign, because Obi is making Tinubu’s pathway to victory much easier by indirectly pulling down PDP.”

Obi, according to Soludo, would only deplete the votes of the Peoples Democratic Party (PDP) and pave the path for an APC victory.

He stated, “The current fleeting frenzy, if not checked, will cost Ndigbo dearly for years. The South-east has the lowest number of votes of any region, but it is also the only region where the presidential race might be a four-way race (it is a two-way race in the other five regions) thereby, ensuring that our votes won’t count in the making of the next president of Nigeria.

https://www.thisdaylive.com/index.php/2022/11/15/soludo-i-wont-succumb-to-bullies-obi-knows-he-cant-win/
Re: Tinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu by ZombieDredd: 11:19am On Feb 20, 2025
Re: Tinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu by JAWBONE(m): 11:21am On Feb 20, 2025
Tax hikes are for him to have more money to steal.

That is the Lagos model
Re: Tinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu by Bullfallo(m): 11:35am On Feb 20, 2025
Its a simple logic. Increase tax cause inflation.

You can increase tax out from the blue. The difference will go back to inflation anf hurting the economy. Workers cry for wage increases and the government expenses increase.

It solve no problem and benefits no one.

Inflation and inflation. The value of the 12 trillion 2 years ago is more than the 25 trillion of today
Re: Tinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu by Charly68: 11:49am On Feb 20, 2025
The new CBN policy of ATM withdrawals is my major concern . They should not over burden Nigerians with heavy tax if not people will over react ..
Re: Tinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu by masui(m): 12:08pm On Feb 20, 2025
easytig:
To eat three square meal na grace of God for the middle class
Middle class still dey this country so?

huh huh huh
Re: Tinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu by DeepSightZ: 12:10pm On Feb 20, 2025
Kingpele:
Wait for agbadorians to attack him and call him IPOB...when we were trying to convince them that tinubu is only interested in tax collection not even for development but for his inner circle to share...there is no single developed country that started with tax increase...rather they built their economy to the extent citizens became capable of paying taxes effectively and efficiently...but tinubu want to kill the economy by destroying the key sectors that will build the economy mainly business and manufacturing sectors....
How they cant see this beats me.
Its sad how they refer to every critic as IPOB.

In a country of more than three hundred ethnic nationalities.
Pathetic!
Re: Tinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu by Exceed15: 12:13pm On Feb 20, 2025
This is how Tinubu squeeze Nigerians dry to enrich his generation.
Re: Tinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu by surgical: 12:28pm On Feb 20, 2025
dibunotion:
Nigeria has subtle tax laws, poorly implemented and exploited by most. And this should be every government primary source of revenue.
As long as these new reforms will be equitable, devoid of exploitation and corruption then it should be embraced.
Just because you hate someone doesn't mean all their acts are evil. Even saints are prone to errors
"No Country Has Ever Taxed Itself Into Prosperity." To quote kayberg
That is what is happening to Tinubu, Mr lover,lover
Re: Tinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu by ZombieDredd: 12:32pm On Feb 20, 2025
Samajogs:
You can't keep taxing the people without a reciprocating value to their life
toh,
his minions will argue
Re: Tinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu by Tayorshd87(m): 12:43pm On Feb 20, 2025
Goodday90:
Tinubu don’t know what he is doing,he is clueless and all the taxes he is burdening on Nigerians is just to enrich him and his family
No plans,nothing
U uploaded where buala said nothing will work even if Tinubu was given 30years

The same buala that had also been given an appointment now with Tinubu mtheew
Re: Tinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu by Tayorshd87(m): 12:49pm On Feb 20, 2025
ceejay80s:
The tax is for his pocket and next election spending....
Go and see what united kingdom has done with their tax,
Why do they enjoy traveling there
When did the tax payment started and have u paid yours??

because u are talking about UK that has been taxing all their life since day 1 with Tinubu that just started last year 🤔

Una get sense at all..

When u have hate for someone doesn't mean u shouldn't think in the right direction
Re: Tinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu by Basicend: 12:52pm On Feb 20, 2025
Truth.
Re: Tinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu by Basicend: 1:15pm On Feb 20, 2025
Bluffly:
Is Denmark as resourceful as Nigeria. We have a lot of resources that could ameliorate Nigerians from Tax burden. Most are not harnessed and the harnessed ones, their proceeds are being misappropriated and stolen
Another truth.
Re: Tinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu by Harrisonwo(m): 1:32pm On Feb 20, 2025
Campaign promise fulfilled.. reduce purchasing power and widen the tax net
Re: Tinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu by Kayberg: 1:53pm On Feb 20, 2025
surgical:
"No Country Has Ever Taxed Itself Into Prosperity." To quote kayberg
That is what is happening to Tinubu, Mr lover,lover
To quote Winston Churchill, not Kayberg.
Re: Tinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu by ceejay80s(m): 2:27pm On Feb 20, 2025
Tayorshd87:
When did the tax payment started and have u paid yours??

because u are talking about UK that has been taxing all their life since day 1 with Tinubu that just started last year 🤔

Una get sense at all..

When u have hate for someone doesn't mean u shouldn't think in the right direction
Oga
I have been paying tax since 25years I have been working,
Everything to u people is hate and u hate more than others,
Let me ask u?
When were u born?
1987? I guess u were never born when buhari took over power in 1983
Re: Tinubu’s Obsession With Tax Hikes Will Stifle Growth And Deepen Poverty, By Olu by Goodday90(m): 2:31pm On Feb 20, 2025
Tayorshd87:
U uploaded where buala said nothing will work even if Tinubu was given 30years

The same buala that had also been given an appointment now with Tinubu mtheew
does that negate what he said?

Use your brain if you have one
1 2 3 Reply

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