FG Collects N600bn VAT From Facebook, Amazon And Netflix - Business (2)

FG Collects N600bn VAT From Facebook, Amazon And Netflix - Business (2) - Nairaland

Nairaland Forum › Nairaland General › Business › FG Collects N600bn VAT From Facebook, Amazon And Netflix (9743 Views)

Re: FG Collects N600bn VAT From Facebook, Amazon And Netflix by Didijiji: 9:58am On Sep 12, 2025

All these monies nothing tangible to show

They made naira useless with their stupid policies and when they masses see such money, they will think it is as big as it was under GEJ

Lagos builders with their funny head shapes and sizes have damaged our economy

They are looking for the next place to collect loan

Re: FG Collects N600bn VAT From Facebook, Amazon And Netflix by thisisit: 9:59am On Sep 12, 2025

WHAT!!!!!.
THIS IS OUSTRAGEOUS
THIS IS EGREGIOUS

WHAT A HIGGLEDY PIGGLEDY huh

?

IS THIS YAHOOTAX OR TAXHOO.... EVERYBODY JUST DEY SOMETHINGHOO ONLINE TO CASHOUT.

EVEN FG IS CASHING OUT ONLINE

Re: FG Collects N600bn VAT From Facebook, Amazon And Netflix by Reference(m): 9:59am On Sep 12, 2025

DaddyGoo:
My own question is when will Nigerians start feeling the impact of all these humongous funds collected?

Ask me. They gaslight you into selling your shirt to them but journey to the north pole to look for excuses as to why they cannot deliver.

Income without accountability equals poverty raised to the power of corruption.

Nigerians are too docile. Yes, they pay 100 percent taxation in sane societies but they demand 100 percent accountability. That is how it works.

They decide what their governments spend money on, they decide how much their public servants are paid and they ensure no public servant is paid higher than them.

Yes, they pay taxes like a man shops for goods or services. They expect delivery not excuses.

1 Like

Re: FG Collects N600bn VAT From Facebook, Amazon And Netflix by dederocs(m): 9:59am On Sep 12, 2025

All these money and we can't wage a full scale war against bandits and terrorists, to send them running...APC is a failed government

Re: FG Collects N600bn VAT From Facebook, Amazon And Netflix by MyExpression(m): 10:06am On Sep 12, 2025

They are all our Nigerian money o.

We pay VAT to use their premium services, all the companies do is to calculate and remit to Fed government.
They are not touching one bit of their money.

The system is fcking rigged.

1 Like

Re: FG Collects N600bn VAT From Facebook, Amazon And Netflix by Truvelisback(m): 10:07am On Sep 12, 2025

1Alex:
Yet tomorrow, they will apply for loan somewhere

What an Irony! Even with this reasonable amount of tax gotten, there is still nothing to show for it because Nigerians are still languishing in abject poverty and hardship. grin

The dude is still borrowing and taxing the hell out of poor and vulnerable Nigerians.

1 Like

Re: FG Collects N600bn VAT From Facebook, Amazon And Netflix by motionarena: 10:10am On Sep 12, 2025

Where is d money now going?

Nairaland no sweet again as I no fit insult Tinubu

Re: FG Collects N600bn VAT From Facebook, Amazon And Netflix by anonimi: 10:12am On Sep 12, 2025

BlackViper:
https://punchng.com/fg-collects-n600bn-vat-from-facebook-others/

Why is there more hardship, suffering and even borrowings despite increasing revenues and $84 billion subsidy savings?

Who can solve the riddle?

How much revenue and how much loans did PDP deregulation and privatisation capitalists have in 16 years of prosperity and cheap goods?

Can it be that eb1lokan is stealing money to bribe politicians to stay in power, just like he is doing in Lagos with his lootocracy master plan?

ManirBK:
Aug 28, 2023

The Federal Government says it has no intention to borrow from any local or foreign organisation with its removal of subsidy on petrol and exchange rate harmonisation.

The Minister of Finance and Coordinating Minister for the Economy, Chief Wale Edun, revealed this at the end of the inaugural Federal Executive Council meeting on Monday in Abuja.

He said that the benefit of the subsidy removal would be ploughed back into various sectors aimed at boosting government revenue and improving the business environment for local and foreign investment.

Edun said that with the increased revenue from subsidy removal, various palliatives have been made available to cushion its effect on a short, medium and long-term basis.

He reiterated the President Bola Tinubu-led administration’s desire to bring back the economy from the wood it has found itself over time.

https://www.vanguardngr.com/2023/08/fg-ends-borrowing-finance-minister/amp/

Petrol should never cost more than N70 per litre, says APC

January 19, 2015

The All Progressives Congress (APC) has described as mere tokenism the reduction of petrol price from N97 to N87 per litre, saying the petroleum product ordinarily should sell for N70.

On Sunday, the federal government announced the reduction of petrol price, citing the fall of global crude oil price.

But the APC through Lai Mohammed, its spokesman, on Monday accused the government of making a show out of deceit, saying “a 10.3 per cent slash in the price of petrol was a mere tokenism at a time the price of crude oil has crashed by about 60 per cent”.

It argued that the pump price of a litre of petrol should not be more than 70 Naira, alleging that at N87 per litre, the government was forcing Nigerians to subsidise the massive corruption in the oil sector by N17 for every litre of fuel.

https://www.thecable.ng/petrol-never-cost-n70-per-litre-says-apc/

Buhari’ll reduce petrol to N40/L —David-West

FORMER Minister of Petroleum and Energy, Prof. Tamunoemi David-West, said that Nigerians should expect sharp drop in petrol price from the current N87 to about N40 per litre, saying, “the president-elect, Gen. Mohammed Buhari, will reduce the fuel pump price to N40 per litre.”

https://www.vanguardngr.com/2015/04/buharill-reduce-petrol-to-n40l-david-west/

Re: FG Collects N600bn VAT From Facebook, Amazon And Netflix by haveMONEY: 10:14am On Sep 12, 2025

Commentor:
Like America and every country does.

xxxxxxxxxxxxxxxxx

MUGU america loan are felt on their citizens and country, here nothing to show, na embezzlement.

2 Likes

Re: FG Collects N600bn VAT From Facebook, Amazon And Netflix by Wealthoptulent(m): 10:14am On Sep 12, 2025

THE MOBILE NETWORK to charged TOO. DATA wan gaan na grin

e bo lion e b card! make dem hold like of PELLER n GEHGWEH should brought into FIRS book.

Re: FG Collects N600bn VAT From Facebook, Amazon And Netflix by dederocs(m): 10:15am On Sep 12, 2025

haveMONEY:
MUGU america loan are felt on their citizens and country, here nothing to show, na embezzlement.

Na mugus full Nigeria.

Re: FG Collects N600bn VAT From Facebook, Amazon And Netflix by Nobody: 10:16am On Sep 12, 2025

No wonder the resident agberos here defending the government whispered of 10,000 Naira increment on their pay.

Re: FG Collects N600bn VAT From Facebook, Amazon And Netflix by Commentor: 10:16am On Sep 12, 2025

haveMONEY:
MUGU america loan are felt on their citizens and country, here nothing to show, na embezzlement.

What do you know?

grin

Re: FG Collects N600bn VAT From Facebook, Amazon And Netflix by Hedonisco: 10:17am On Sep 12, 2025

Taxes that Wike would use to buy Rolls Royce, and that his children will use to buy million dollar homes in America? Or taxes that Shayee Tulumboo will use to buy Hermes bags and million dollar jewelry for his hybrid wife and side chicks?

These nincompoops need to understand that Nigerians are not impressed by mouthing how the government earned xyz revenue. Nigeria's main problem is not a revenue problem. It is an accountability and resource prudence problem.

They should go to hell with this new tax noise which is destined to fail spectacularly. You can't put the cart before the horse.

Re: FG Collects N600bn VAT From Facebook, Amazon And Netflix by ebics: 10:22am On Sep 12, 2025

OgaSeun:
Tinubu is the hardest working president in the world right now.

Hardest working Leader, with Zero Result

1 Like

Re: FG Collects N600bn VAT From Facebook, Amazon And Netflix by Eboofa: 10:23am On Sep 12, 2025

OgaSeun:
Tinubu is the hardest working president in the world right now.

Yes o! Working hard to borrow!

Re: FG Collects N600bn VAT From Facebook, Amazon And Netflix by Kaiser20: 10:25am On Sep 12, 2025

Commentor:
Like America and every country does.

xxxxxxxxxxxxxxxxx

At least countries use their loans for development, while nigeria President borrow loan to Share amoung corrupt Politicians.
Umployment and Insecurity is ravaging nigeria

1 Like

Re: FG Collects N600bn VAT From Facebook, Amazon And Netflix by Commentor: 10:26am On Sep 12, 2025

Kaiser20:
At least countries use their loans for development, while nigeria President loan to Share amoung corrupt Politicians.
Umployment and Insecurity is ravaging nigeria

Same in America.

Didn't you hear about Charlie Kirk?

Same day, another school shooting in Denver.

Re: FG Collects N600bn VAT From Facebook, Amazon And Netflix by ogascomax: 10:27am On Sep 12, 2025

No government ever in the history of Nigeria has collected more money than this Tinubu adminstration but yet they are the most loan taker government.
They borrow as if tomorrow does not exist.

Re: FG Collects N600bn VAT From Facebook, Amazon And Netflix by Willie2015: 10:33am On Sep 12, 2025

1Alex:
Yet tomorrow, they will apply for loan somewhere

Tell them to pay Resident Doctors...

Dem go tell you say money no dey..

Re: FG Collects N600bn VAT From Facebook, Amazon And Netflix by Faposky95: 10:36am On Sep 12, 2025

1Alex:
Yet tomorrow, they will apply for loan somewhere

...and additional #120B is required to make up the repairs for MM airport Lagos.......

Re: FG Collects N600bn VAT From Facebook, Amazon And Netflix by ugodson(m): 10:49am On Sep 12, 2025

1Alex:
Yet tomorrow, they will apply for loan somewhere

I swear they will still go and borrow. Can they use this to upset some loans they have collected before?

Re: FG Collects N600bn VAT From Facebook, Amazon And Netflix by AngelicBeing: 10:51am On Sep 12, 2025

DaddyGoo:
My own question is when will Nigerians start feeling the impact of all these humongous funds collected?

In the year 2099 , Hahaha 😂

Re: FG Collects N600bn VAT From Facebook, Amazon And Netflix by Cti28(m): 10:53am On Sep 12, 2025*

Ironfaceman:
With all that money they can't grow I T industry in Nigeria.

They are growing the IT industry. Haven't you notice the increasing number of "Laptop Boys" on Nairaland?

1 Like

Re: FG Collects N600bn VAT From Facebook, Amazon And Netflix by NewHe: 10:54am On Sep 12, 2025

There's no way they can ban them (Social Media) as a result of Sowore posts!
I think the DSS and Tinubu should encourage more of Sowores and others critics. More money to FGN be dat!

Re: FG Collects N600bn VAT From Facebook, Amazon And Netflix by tunde1200(m): 10:57am On Sep 12, 2025

danietohbadt:
In spite of all the humongous revenue, are we still supposed to be taking loans?

You don't understand how government is being run.
1, There's non interest loan...!

Re: FG Collects N600bn VAT From Facebook, Amazon And Netflix by Maurindo(m): 11:01am On Sep 12, 2025

They go still borrow more billions before the end of this month.
Orisirisi

Re: FG Collects N600bn VAT From Facebook, Amazon And Netflix by Samogloby: 11:02am On Sep 12, 2025

The same Tinubu led government is seeking to borrow billions of dollar from abroad with already borrowed money in two years that nearly surpassed Buhari borrowed money in 8 years.

Re: FG Collects N600bn VAT From Facebook, Amazon And Netflix by fabolouz1(m): 11:13am On Sep 12, 2025

Yet we are still borrowing .
Just the tye administration before it, accountability is a problem
.

Re: FG Collects N600bn VAT From Facebook, Amazon And Netflix by bigpicture001: 11:18am On Sep 12, 2025

Tik tok no dey pay their own...?

Na only to they fill internet with yeye videos

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