₦airaland Forum

naptu2:
Who said that you are paying another 5% surcharge and what does 5% surcharge have to do with subsidy? How is it related to subsidy?

During Obasanjo regime, do you realized Baba added some amount of money to pms pump price because they demolished toll gates? Let's wait till 2026 if the tax will not reflect on pump price

naptu2:
Mr Taiwo Oyedele is the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms.

I was hoping to see another important question.
When toll gates were abolished from our highways, there's a tax added to fuel for the removal of the toll gates, is this surcharge not a double counting?

That means it will be announced after winning 2027 when you all know there is nothing anyone can do.

fotadmowmend:
Capitalist government will always act that way . They have good intentions that cannot work in Nigeria or any country in Africa, even in the Arab world.

We are socialists in nature and even there is one factor ; corruption. We are yet the see the full effect of the trillions of Naira generated from the removal of fuel subsidy. Our roads are still bad, we barely have electricity(even with the removal of its subsidy in some areas), our youths and experts are still moving out of the country for greener pastures, our health care is nothing to write home about, our educational system is very poor and so on .

The government of the day is trying to get funds for infrastructure that cannot be executed in the face of corruption.

When and where did palliative-sharing APC tell you that they are capitalists?


Why should our educational system be poor in APC progreThief states like Borno and Lagos despite PDP’s Obasanjo and Atiku government establishing UBEC to provide federal funds to help states achieve nine years of free and compulsory education for all children?

anonimi:
Ratio of public to private schools in Lagos State is one to 22 ― Commissioner
September 4, 2022

The Lagos State government has said the ratio of public to private schools at both primary and secondary school levels in the state is one to 22.

The state’s Commissioner for Education, Mrs Folasade Adefisayo, gave the revelation in her remark at the 2022 edition of the Total School Support Seminar Exhibition (TOSSE) held at Oregun in Ikeja between Thursday and Friday.

https://tribuneonlineng.com/ratio-of-public-to-private-schools-in-lagos-state-is-one-to-22-%E2%80%95-commissioner/

How many government owned businesses have they privatised and/or deregulated in a decade of being in office, which PDP did in their 16 years of widespread prosperity from high employment productivity?

thisweekng:
The Minister of Finance and Coordinating Minister of the Economy Chief Olawale Edun has said the last time Nigeria’s economy looked stable was about a decade ago.

He made this statement during his maiden press conference as Minister of Finance where he outlined President Bola Tinubu’s vision, agenda and strategy for the economy.

He said, “I think as we all know, we are not where we should be. The economy is barely growing above the rate of population growth.

“But it was not always so, and I think in trying to look at the way forward, if we now have a situation of slow growth, double-digit inflation, weak/depreciating exchange rate, as well as security concerns that are resulting in an economy that is not growing and not taking Nigerians out of poverty.

“If we think back to the last time when the economy was stable- when it was growing, when inflation was low, and the interest rate was affordable, that period was about a decade ago. Growth was about 6% in 2013 and 2014.”
Private sector to drive the economy

https://nairametrics.com/2023/09/01/the-last-time-nigerias-economy-was-stable-was-about-a-decade-ago-wale-edun/

The key to a successful tax regime is accountability and prudence. This is the first thing taxpayers the world over demand. It is a simple logic. You pay upfront for goods or services. You want to see them delivered at full value. This is not rocket science.

Now superimpose this scenario on Nigeria plc today and understand why the people see taxation as an issue to be resisted.

They ask for transparency (that is to see the content of the receipts) you reject it, they ask for inclusiveness in decision making (ask for a menu) you resist it, then you bring the bill for some substandard grub and expect them to gleefully pay for it. For things you did not order at a cost you had no idea. Who does that.

Classic example. Just one of many, many more.
Is there any single citizen of Nigeria today, any average taxpayer that ordered for the coastal road. Let anyone, party member or peon show me where he ordered for that project that is costing the country an arm and a leg. For which he will pay through his nose via taxation.

Democracy works well where people pay for the things they order, they demand for when installing governments and even with that they want the highest degree of transparency in cooking those meals.

Democracy is a restaurant, not a kindergarten

bixton:
Thank you.
So BAT as governor of Lagos State stood against the implementation of this surcharge/tax during the administration of POBJ when #100 Naira has so much value and economy better and now as PBAT is wanting to implement it after more than 15 years when this same #100 Naira value has been decimated to nothing!!!!!

Does this actually show that the handlers of the economy and the PBAT actually know what they are doing other than trying to fix sets of nonsense on Nigerians and tell them that over 150 countries do same!!!

Do this same over 150 countries experience the same deteriorating state of economy as Nigeria is and do they pay members of their parliament the same amount collected by those in Nigeria or do they pay the meagre money they call minimum wage!!!!!!



All this are just without much thought they keep doing.

yesloaded:
During Obasanjo regime, do you realized Baba added some amount of money to pms pump price because they demolished toll gates? Let's wait till 2026 if the tax will not reflect on pump price

Bananapill:
I was hoping to see another important question.
When toll gates were abolished from our highways, there's a tax added to fuel for the removal of the toll gates, is this surcharge not a double counting?

In the simplest English possible, one of the reasons for the creation of the new tax law is to harmonise all other tax laws. There were so many taxes in so many different laws and they decided to put everything in one law. That's all that happened.

They are not imposing a new petrol tax and they are not implementing the old one. What the government has been talking about is reintroducing the toll plazas, not petrol tax.

Tinubu’s government to reintroduce toll gates on Lagos-Ibadan expressway, second Niger Bridge and others
https://metrodailyng.com/tinubus-government-to-reintroduce-toll-gates-on-lagos-ibadan-expressway-second-niger-bridge-and-others/

Ezehillary:
I don't have problem in paying tax my worry is where the money is going

You can know where the money is going in the future based on where the money has gone in the past, right

Why would you want to keep pouring water into a leaking basket?

chisomkachy:
Nigerian President Bola Tinubu’s first supplementary budget includes a fleet of SUVs for himself and his wife, a presidential yacht and the renovation of his villa amid a cost-of-living crisis for some of the poorest people in the world.

The proposal — which seeks additional funding beyond the annual budget approved by Tinubu’s predecessor — comes as the government asks Nigerians to persevere through pain caused in part by a raft of economic reforms ushered in by the new president. Africa’s most populous country faces rampant unemployment, soaring food prices and a plummeting currency.

Federal lawmakers approved the president’s request for extra spending on Thursday, but eliminated the provision of 5 billion naira ($6.01 million) to buy a presidential yacht. Instead, they doubled the allocation to a student loan fund to 10 billion naira, according Abubakar Bichi, chairman of an appropriations committee in the House of Representatives.

The lawmakers approved 1.5 billion-naira proposed to purchase SUVs for the office of First Lady Oluremi Tinubu — an amount larger than that allocated to many individual federal colleges. The supplementary budget also proposes almost 6 billion naira to purchase SUVs for the presidency — more than the amount initially allocated to fund a student loan program for poor families.


https://www.bloomberg.com/news/articles/2023-11-02/nigeria-budgets-for-suvs-and-yachts-amid-economic-hardship

naptu2:
In the simplest English possible, one of the reasons for the creation of the new tax law is to harmonise all other tax laws. There were so many taxes in so many different laws and they decided to put everything in one law. That's all that happened.

They are not imposing a new petrol tax and they are not implementing the old one. What the government has been talking about is reintroducing the toll plazas, not petrol tax.

Tinubu’s government to reintroduce toll gates on Lagos-Ibadan expressway, second Niger Bridge and others
https://metrodailyng.com/tinubus-government-to-reintroduce-toll-gates-on-lagos-ibadan-expressway-second-niger-bridge-and-others/

Says a known govt asslicker.

After harmonisation, are they going to enforce it or not?
Like LASU like Oyedele.

naptu2:
In the simplest English possible, one of the reasons for the creation of the new tax law is to harmonise all other tax laws. There were so many taxes in so many different laws and they decided to put everything in one law. That's all that happened.

They are not imposing a new petrol tax and they are not implementing the old one. What the government has been talking about is reintroducing the toll plazas, not petrol tax.

Tinubu’s government to reintroduce toll gates on Lagos-Ibadan expressway, second Niger Bridge and others
https://metrodailyng.com/tinubus-government-to-reintroduce-toll-gates-on-lagos-ibadan-expressway-second-niger-bridge-and-others/

You are not really making any sense bro

naptu2:
In the simplest English possible, one of the reasons for the creation of the new tax law is to harmonise all other tax laws. There were so many taxes in so many different laws and they decided to put everything in one law. That's all that happened.

They are not imposing a new petrol tax and they are not implementing the old one. What the government has been talking about is reintroducing the toll plazas, not petrol tax.

Tinubu’s government to reintroduce toll gates on Lagos-Ibadan expressway, second Niger Bridge and others
https://metrodailyng.com/tinubus-government-to-reintroduce-toll-gates-on-lagos-ibadan-expressway-second-niger-bridge-and-others/

Whether they call it petrol tax/toll gate bills/tax harmonization, have they also considered if it will cause any ripple effects on other areas given.....?

If this brings about an increase in transport fares then it will be watered down on all commodities, etc, etc......!!


I just think this administration is going about all this the wrong way. It's obvious everyday and there's no formidable opposition to stand against the government.

Squealer has spoken!

English is not really some people's forte. Someone is asking me a question that has already been answered in the first post and was answered many times in my subsequent posts. He must think that I have time to waste.

If he couldn't understand what has been written many times, how will he understand any other explanation?

I leave such people to wait for their magical January 1st, so that they can see things themselves.

A group of people who drinks oil and eats pepper non stop, you are taking them serious?

We all know this history....the point is that tinubu switches skin like a shape-shifting Chameleon.
He and his band of apc goons vehemently protested against these polices (like fuel subsidy) that wouldn't favour them but turned around to implement same policies under harsher conditions when he got power.
Nigeria would've gone far in development by now, despite the issues if these policies were implemented decades ago.

Nigeria go survive- Onyeka Onwenu.

naptu2:
Background

Everybody wants government to maintain highways, but nobody wants government to make the money to maintain the highways.

Once upon a time, long ago, government tolled the highways in order to generate the funds that it would use to maintain them.

In this video you can see that the chief of staff, Supreme Headquarters (military vice president) Brigadier Shehu Musa Yar'Adua paid the toll when he opened the Lagos-Ibadan Expressway in 1978.


https://www.youtube.com/watch?v=3_LfloE6BWc?si=ybvpzjW7C49OZO4w



However, over the years, there were claims that the toll operators were corrupt and that they did not remit the funds to the government. Private companies were hired to run the toll plazas but the allegations of corruption continued.

Therefore, sometime around 2004, the Obasanjo Administration demolished the toll plazas. The government decided that it would impose a petrol tax and use that money to maintain the expressways, instead of relying on tolls.

(Some people believe that the demolition of the toll plazas led to the deterioration of highways like the Lagos-Abeokuta Expressway).

President Obasanjo included the tax in the appropriation bill (budget) and he wanted to start collecting it before the budget was passed by the National Assembly.

However, the tax was opposed by many people.

Governor Bola Tinubu of Lagos opposed it and threatened to sue the Federal Government and the Nigerian Bar Association (NBA) agreed with him. The Nigerian Labour Congress (NLC), led by Adams Oshiomhole, threatened to go on strike and both the Senate president and the speaker of the House of Representatives expressed opposition to the tax.

President Obasanjo decided to pause implementation of the tax, due to the opposition to it. The tax was included in the Federal Road Maintenance Agency (FERMA) Act of 2007, but the act states that the implementation of the tax will begin on a date to be determined by the Minister of Finance.

In other words, it is not a new tax and it will not commence on January 1st. The reason that some people believe that it's a new tax is because a new tax law (that harmonised all taxes) was recently enacted and this old tax was mentioned in the law.

naptu2:
Who said that you are paying another 5% surcharge and what does 5% surcharge have to do with subsidy? How is it related to subsidy?

Sir he has a point. Fuel was heavily subsidized as at 2007 so it would make even healthier sense to introduce a 5% tax at the time. Now that subsidy has been completely removed, the 5% tax will now become a burden, knowing that this country is and will continue to rely on petrol for her energy needs in a long time. Note that the recent inflation which has just lost momentum can be easily given more fire with any further increase in energy.

Your post says that the president at the time he was governor opposed the tax and even took the federal government to court on the matter. It would be funny if he eventually implements what he opposed. That means he would virtually be implementing alot of policies he has opposed in the past.

ChiefOloye:
Talk true you didn't write the post... pele, you will be fine.

I have no business with u. U can verify me, am not d type that drag people like u. So u free to type anything u want. It's an online, so it doesn't real.

I'm so happy the new administration is still and will continue to favour me

Next time, when I tell you blokes to vote APC or go home, you will do just that!

Is surcharge on fuel Yes and very simple. All this talk na empty and it will be implemented 1st of January

There are others like groovie that are trying to force me into an argument that obviously makes no sense.

Fuel tax has nothing to do with subsidy and it was not ibtroduced because of subsidy.

Everybody wants good highways. Government needs money to maintain the highways. The highways were initially tolled. Some toll operators stole the money. Government decided to scrap the tolls and create a tax to raise money for the maintenance of the highways.

What does that have to do with subsidy?

But I'm not surprised, he is also writing as if a tax is going to be imposed on January 1st, when it has been repeatedly stated that no tax will be imposed on January 1st.

After fuel subsidy removal that has caused hardship for Nigerians and they still want to charge Nigerians 5% surcharge on fuel... nawaaooo

I will be back on this thread on January 1st to quote the people that say that fuel tax will be imposed on January 1st, but I'm sure that they would have manufactured a new story by then.

Didijiji:
Look at the set of brain dead leaders SW gave Nigeria

We have the likes of Adesina, Osinbajo and yet you decide to give Nigeria touts as leaders

The cost of living wants to kpai the living under Tinubu and his Lagos builders

Tueeeeehhh

Honestly, how can a tout and agbero offer good governance, its impossible, their temperament is incompatible with it
Nigerians are funny people to be saddle with Tinubu and his gang at the helm of affairs means they don't like themselves

Didijiji:
Look at the set of brain dead leaders SW gave Nigeria

We have the likes of Adesina, Osinbajo and yet you decide to give Nigeria touts as leaders

The cost of living wants to kpai the living under Tinubu and his Lagos builders

Tueeeeehhh

Cry all you want. No petty trading deveroper is ruling this country.

[quote author=naptu2 post=136716417]Mr Taiwo Oyedele is the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms.


Tax to death policy. It was not initially in the tax reform that would start in January but it was harmonised into it. Then he confirmed fuel is not excluded among other domestic energy uses such as LPG, CNG. Nigerians don't even know what is coming next year.

Brenbentondiaz:
Cry all you want. No petty trading deveroper is ruling this country.

lol

Wetin concern petty trader with the shame of the current leadership we have in the country?

How can someone be planning to rule for over 30 years and yet turn out to become the worst president in history

What was the preparation for?

naptu2:
I will be back on this thread on January 1st to quote the people that say that fuel tax will be imposed on January 1st, but I'm sure that they would have manufactured a new story by then.

Tinubu will quietly impose it without announcing it ,he is obsessed with revenue, he is so unintelligent to be looking at one side of an equation in governance which is revenue leaving the human angle, such act is bound to collapse like a pack of cards ,it is just a matter of time, let be forming like he can get away with anything, because the people just dey look him for now
He go over do and his cup will be full
He opposed subsidy, he implemented the worst of it
He with the people he usually use then to destabilise government opposed the 5% fuel surcharge, he is now going to implement it
Very wicked sadist

naptu2:
Mr Taiwo Oyedele is the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms.

Sir, which ever way you choose to explain it, the petroleum Marketers will use that as an excuse to increase the price of petrol...greed is a deadly virus in the fabrics of business in nigeria. Just so you know

Meanwhile, for those that are saying that the petrol tax was imposed by Obasanjo.

He imposed it, but the NLC went on strike and several people sued the government. The court ordered that the tax should be suspended and the government suspended it.

That's why the FERMA Act 2007 says that implementation of the tax will begin at the date to be determined by the finance minister

FG Withdraws Fuel Tax, NLC Leaders Await Implementation, Meet Today
https://allafrica.com/stories/200401210282.html

At this point I believe that all sensible people must have understood what's happening.

For those that are playing election politics, don't waste your time and energy, I am not interested in that and I won't give you the time of day.

naptu2:
I bet that there will be many people that will not read the posts or understand what's written in it, but they will post based on what's already in their head or based on just the headline of the thread.

Yeah like where the man who threatened to go to court when this law was enacted is now the one implementing after removing subsidy he also opposed its removal. Hypocrisy just got another name Tinubu.

Instead of surcharge why not toll gate?