₦airaland Forum

blamingthedevil:
It is safe to say that South East is the parasite region. Unproductive Region

Benue State generates as much as the whole South East combined .

Those following Peter Obi, tell me the legacy of that man and other elected officials in the South East?

DesChyko:
VATs are paid by the headquarters of the business, not necessarily the field of their business or where the highest consumption is recorded. That not withstanding, VAT is borne by the final consumer.

Take for example, Milk and Egg products. Most of the headquarters of these companies are in Lagos (possibly Ogun too), but the highest VATs on them are actually paid by the South Easterners who consume more of this, closely followed by South-South. However, the VATs remitted to the Nigerian purse through their headquarters in Lagos.

So while it counts as VAT remitted by Lagos, it was actually paid by other regions. This explains a bit of why Lagos (and possibly Ogun) have VATs that dwarves the remaining states. Another advantage would be states with high oil and gas sector activities, and government presence too.

Does that do a bit of justice?

yashau:
https://x.com/StatiSense/status/1935008849234452971?t=ew7ec9OTKXrNGZeY79bDsg&s=19[/quote]Even Kano, sokoto, jigawa, benue all pay more than the billionaires country

DesChyko:
VATs are paid by the headquarters of the business, not necessarily the field of their business or where the highest consumption is recorded. That not withstanding, VAT is borne by the final consumer.

Take for example, Milk and Egg products. Most of the headquarters of these companies are in Lagos (possibly Ogun too), but the highest VATs on them are actually paid by the South Easterners who consume more of this, closely followed by South-South. However, the VATs remitted to the Nigerian purse through their headquarters in Lagos.

So while it counts as VAT remitted by Lagos, it was actually paid by other regions. This explains a bit of why Lagos (and possibly Ogun) have VATs that dwarves the remaining states. Another advantage would be states with high oil and gas sector activities, and government presence too.

Does that do a bit of justice?

DesChyko:
VATs are paid by the headquarters of the business, not necessarily the field of their business or where the highest consumption is recorded. That not withstanding, VAT is borne by the final consumer.

Take for example, Milk and Egg products. Most of the headquarters of these companies are in Lagos (possibly Ogun too), but the highest VATs on them are actually paid by the South Easterners who consume more of this, closely followed by South-South. However, the VATs remitted to the Nigerian purse through their headquarters in Lagos.

So while it counts as VAT remitted by Lagos, it was actually paid by other regions. This explains a bit of why Lagos (and possibly Ogun) have VATs that dwarves the remaining states. Another advantage would be states with high oil and gas sector activities, and government presence too.

Does that do a bit of justice?

PureFace1:
You will see them Insulting Oyo state, same Oyo they call brown roof Republic is feeding their parasitic region.

Abaziaka:
Tax reform is inevitable some states need to work on their internal genrerated evenue

DesChyko:
VATs are paid by the headquarters of the business, not necessarily the field of their business or where the highest consumption is recorded. That not withstanding, VAT is borne by the final consumer.

Take for example, Milk and Egg products. Most of the headquarters of these companies are in Lagos (possibly Ogun too), but the highest VATs on them are actually paid by the South Easterners who consume more of this, closely followed by South-South. However, the VATs remitted to the Nigerian purse through their headquarters in Lagos.

So while it counts as VAT remitted by Lagos, it was actually paid by other regions. This explains a bit of why Lagos (and possibly Ogun) have VATs that dwarves the remaining states. Another advantage would be states with high oil and gas sector activities, and government presence too.

Does that do a bit of justice?

DesChyko:
VATs are paid by the headquarters of the business, not necessarily the field of their business or where the highest consumption is recorded. That not withstanding, VAT is borne by the final consumer.

Take for example, Milk and Egg products. Most of the headquarters of these companies are in Lagos (possibly Ogun too), but the highest VATs on them are actually paid by the South Easterners who consume more of this, closely followed by South-South. However, the VATs remitted to the Nigerian purse through their headquarters in Lagos.

So while it counts as VAT remitted by Lagos, it was actually paid by other regions. This explains a bit of why Lagos (and possibly Ogun) have VATs that dwarves the remaining states. Another advantage would be states with high oil and gas sector activities, and government presence too.

Does that do a bit of justice?

Biggeststar01:
Oga, oyo is still a poor state with undeniable poverty, the situation is palpable, figures don’t erase what we see in real life. VATs don’t say anything about how productive a state is. A state could have the highest rate of poverty and still have high revenue in taxes from the few companies there that are taxed to stupor.

sreamsense:
It means a state they call brown roof is actually feeding them(audio billionaires of the rising east) from her brown roof proceeds. Respect needs to be given to Oyo for being more viable than them combined

PureFace1:
If Oyo state is poor your Anambra and Imo remain the poorest, if companies in Oyo are being tax to stupor they would no longer be there unless Oyo is where they get majority of their consumers, keep giving excuses for your failure.

PureFace1:
Look at how you twisted south east to pay more Vats shamelessly lol. What's your evidence that south east consume and pay more ? Just your trust me bro source ?

Ogun have more headquarters of companies than Oyo but Oyo still generated more Vats

Fiscus105:
I still don't understand how Ekiti always higher than Ondo and Ebonyi times 3 of Imo.

Tychost:
The highest consumption of the product is still Lagos and other south West regions based on population and buying power, the northern regions have the population but not the individual buying power while those left in the east have the buying power but not the population. So even if some goods consumed elsewhere are remitted in Lagos, Lagosians and Ogun including other south west state residents themselves consume massively — contributing huge VAT both directly and indirectly. Now, if you want to knit pick and dissect the demographic of consumers that’s another topic but as a rule of thumb if companies are head quartered in a region, it reflects a significant trust in the business environment. Also noticed you all like to use Lagos and Ogun as the benchmark but how do you explain OYO contributions here? You have no data to prove SE and SS consume more milk and eggs, this is easily proven false by a quick google search.

sreamsense:
It means a state they call brown roof is actually feeding them(audio billionaires of the rising east) from her brown roof proceeds. Respect needs to be given to Oyo for being more viable than them combined

DesChyko:
VATs are paid by the headquarters of the business, not necessarily the field of their business or where the highest consumption is recorded. That not withstanding, VAT is borne by the final consumer.

Take for example, Milk and Egg products. Most of the headquarters of these companies are in Lagos (possibly Ogun too), but the highest VATs on them are actually paid by the South Easterners who consume more of this, closely followed by South-South. However, the VATs remitted to the Nigerian purse through their headquarters in Lagos.

So while it counts as VAT remitted by Lagos, it was actually paid by other regions. This explains a bit of why Lagos (and possibly Ogun) have VATs that dwarves the remaining states. Another advantage would be states with high oil and gas sector activities, and government presence too.

Does that do a bit of justice?

Jonathan:
Can you imagine the rip off off many of these states.

The most annoying thing is the fact that, many if their governors are doing nothing with it than stealing.

They are lazy and parasites to the country. They'll continue to give less and collect money.

SpecialAdviser:
I pray my state doesn't generate anything for the looting regime to loot. Nansense

Biggeststar01:
Oga, oyo is still a poor state with undeniable poverty, the situation is palpable, figures don’t erase what we see in real life. VATs don’t say anything about how productive a state is. A state could have the highest rate of poverty and still have high revenue in taxes from the few companies there that are taxed to stupor.

Teymanhenry:
If there is high tax payment compliance, it's possible to generate high revenue

EasternActivist:
Completely false.

This shows you don't know how vat revenue works

SpecialAdviser:
I pray my state doesn't generate anything for the looting regime to loot. Nansense