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Why The N50 Charge By Fg Is Corruption In Itself - Politics (6) - Nairaland

Nairaland ForumNairaland GeneralPoliticsWhy The N50 Charge By Fg Is Corruption In Itself (47470 Views)

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Re: Why The N50 Charge By Fg Is Corruption In Itself by NavierStokes(m): 3:33am On Jan 21, 2016
cocu25:
U deserve an award!... In fayose tone "this government is like nollywood"
My brother, this government is really a nollywood star studded cast of comical characters.
Re: Why The N50 Charge By Fg Is Corruption In Itself by jpphilips(m): 3:45am On Jan 21, 2016
@OP.

This government is broke, that is a fact, what does broke governments world over do to raise funds? Tax her citizens.

In your opinion you believe only the rich should be taxed, logical and empathetic from a poor man's point of view, I believe you know the rich will reason it differently, afterall nobody stopped you from becoming rich.

I agree completely the money should be paid directly into the TSA, no doubt about that except the CBN would want to commission the banks before doing so, hence the current means they are using.

Either ways, this government so far has shown nothing but good faith and sincerity of purpose , wisdom demands we support it.
The amount we paid on COT that was recently scrapped was far higher than what you are complaining about, do the maths yourself.

This policy is better than increasing VAT to 20% either way you look at it.
Re: Why The N50 Charge By Fg Is Corruption In Itself by henryhemon(m): 3:57am On Jan 21, 2016
We Nigerians criticize everything,we want our economy to grow,good services but never ask how are we to contribute towards nation building beyond typing on NL. We want a good life for free?we pay the lowest TAX in west Africa, everything we want for free or subsidised and expect to be relevant who then will build the nation for you. In developed nations revenues are raised basically through taxation but Nigerians think they are smarter we and up deceiving ourselves. This is our own way of contributing to nation building but for cheap popularity those APC haters will criticize anything. I ask them how have you contributed to nation building?
Re: Why The N50 Charge By Fg Is Corruption In Itself by fretnot(m): 4:22am On Jan 21, 2016
Meanwhile, Nigerians have backed the decision of the federal government through the CBN to charge N50 stamp duty on bank transactions. Some bank customers who spoke with LEADERSHIP yesterday commended the government on the move urging that the government ensures that the money realized is put to proper use.According to Mrs Ifeoma, a trader and customer of a top tier bank, “everybody knows that the government needs money and this is one way they can make money. But it is one thing to make the money, it is another to use the money for the right thing. I hope they use it for the right thing.”Also Mr Seun said “I think it is a good one. The government is trying to make money to run the economy, pay salaries and build infrastructure, and I think we the Nigerian people should be supportive of the government’s effort.”Other bank customers who spoke with Leadership also commended the move but even as they called on the government to ensure that the money real side is used for the benefit of the masses.
Re: Why The N50 Charge By Fg Is Corruption In Itself by foriz4u(m): 4:42am On Jan 21, 2016
Super1Star:
****

Something is an Act, a law in its own right and your are here debating something that is not debatable.

FG only implemented the law. How is that a crime?

We are too used to lawlessness in this country to the extent that we now believe it is the right way of life.
in other sense, you support the motion right? a whole 5% to b charged at every bank deposit. so after I've paid my tax, pay my PHCN, my LAWMA, security on my street(which d government was meant to provide from my tax), pay my cable bill, fuel my generator (for electricity the government r supposed to make constant after paying my bill on already) and pay other governments taxes at the market, transportation n d rest of them, then, the stingy, wicket and mosquitos (blood sucking) government still go ahead to take 5% on my salary because it went tru d bank and u tell me its d law? what stupid law r u talking abouthuh is it a law imposed/made by god or man?
ok, look at this , I earn N120,000 as salary
take home pay after tax let's say N108, 000
my coy pays d money into my account, 5% cut so I'll b left with N102, 800.
now, pls tell me what significant prove I've I seen the government have done with all the taxes being collected over time? nothing! they will come out to claim they provide jobs or enable environs for d job. rubbish! did I get any form of scholarship why in school? No! did I get feed? No! has d govrnmnt provided me security, water, good roads, gym, quality education? isn't not my parents who paid tru their brain spending children abroad to acquire good education? when I was to open my coy didn't I pay d government, did they supported with any form of 'free' money or even zero % loan interest? obviously not! so who gives them d right to all these unreasonable taxes and charges? stupid, wicked n inconsiderable arm robbery government. na god go kill all of una wey dey suffer us for dis country. Amen!
Re: Why The N50 Charge By Fg Is Corruption In Itself by Billygee2u: 4:51am On Jan 21, 2016
Emperorone:
There is no difference between this government and the Nigeria Police....Siamese twins
Re: Why The N50 Charge By Fg Is Corruption In Itself by Billygee2u: 4:54am On Jan 21, 2016
Yorubago:
Some people will defend anything this government does even though its arrant nonsense
Re: Why The N50 Charge By Fg Is Corruption In Itself by Akainzo(m): 5:00am On Jan 21, 2016
chukstel:
No one is complaining of bank charges. what we are saying is the N50 charge for stamp duty is not OK. this is different from the normal bank charges that you incurs during transactions.

where does the bank charge money goes to in the us? is it the bank purse or the government purse.

please let's not always use the wrong comparisons just because we want to defend someone/something.

thanks
What I shared is exactly the same as the so called "Stamp Duty". It is just a charge that you'd see. You can call it Bank Charges if you want, it is still a charge for doing transactions.
Re: Why The N50 Charge By Fg Is Corruption In Itself by Billygee2u: 5:02am On Jan 21, 2016
stevecantrell:
The OP has spoken well.

But legal issues aside, if the FG is too weak to enforce its fines on multinational corporations like MTN, they shouldn't seek to further pauperise middle/lower class citizens with this policy, simply because they're a soft target.
Re: Why The N50 Charge By Fg Is Corruption In Itself by Billygee2u: 5:03am On Jan 21, 2016
Osakah24:
Are these guys discouraging people from using the bank?,there are a lot of things that could be taxed in Nigeria,many people have many cars and houses at different location that they don't pay tax on,these change is turning out to be the more you look,the less you see.
Re: Why The N50 Charge By Fg Is Corruption In Itself by foriz4u(m): 5:03am On Jan 21, 2016
henryhemon:
We Nigerians criticize everything,we want our economy to grow,good services but never ask how are we to contribute towards nation building beyond typing on NL. We want a good life for free?we pay the lowest TAX in west Africa, everything we want for free or subsidised and expect to be relevant who then will build the nation for you. In developed nations revenues are raised basically through taxation but Nigerians think they are smarter we and up deceiving ourselves. This is our own way of contributing to nation building but for cheap popularity those APC haters will criticize anything. I ask them how have you contributed to nation building?
u ask a vry stupid question. how I've contributed to nation building? now listen.
I voted, that's a priceless contribution.
I pay taxes.
I pay my bills, phcn, lawma, security on my street so many more.
I've not carried arm against d government rather, I'm a good citizen.
I've prayed for my leaders.
from my pocket n my parents pockets I got my education the government was never involved, I never went to school through any form of scholarships nor awards like our wicked politicians had during their time.
I pay my hospital bills n for that or my aging parents tru my hard earn money.
I lost my goods, money n some persons even lost their lives on d highway to highway robbers due to lack of security not being provided y d govrnmnt n also due to bad roads.
my kids, siblings n frnds had little or no education due to poor standard of education.
I suffered to create a job for myself without d help of d government, no loan of zero %interest was given nor any free money from d government.
I've friend, relatives, fellow Nigerians who have been displaced by terrerist in some part of d north.
I fuel my generation n pollute d environs with noise after paying tax n phcn bill that's called double expenses.
should I go ahead??...so lot more... that's how I've contributed to the government my frnd. now tell me, what has d government contributed to making my life or d life of those around me better? pls give me a honest answer. now u want to say APC-PDP. what different do they make? aren't they government? are they not d same ppl? APC is d new PDP n PDP is d old version of APC...d same ppl... talk about government policies and how its affect d common man my friend and not about party now pls....
Re: Why The N50 Charge By Fg Is Corruption In Itself by henryhemon(m): 5:09am On Jan 21, 2016
foriz4u:
u ask a vry stupid question. how I've contributed to nation building? now listen.
I voted, that's a priceless contribution.
I pay taxes.
I pay my bills, phcn, lawma, security on my street so many more.
I've not carried arm against d government rather, I've wen a good citizen.
I've prayed for my leaders.
fromy pocket n my parents pockets I got my education she government was never involved, I never went to school through any form of scholarships nor awards like our wicked politicians had during their time.
I pay my hospital bills n for that or my aging parent tru my hard earn money.
I lost my goods, money n some persons even lost their lives on d highway to highway robbers due to lack of security not being provided y d govrnmnt n also due to bad roads.
my kids, siblings n frnds had little or no education due to poor standard of education.
I fuel my generation n pollute d environs with noise after paying tax n phcn bill that's called double expenses.
what else, so lot more... that's how I've contributed to the government my frnd. now tell me, what has d government contributed to making my life or d life of those around me better? pls give me a honest answer. now u want to say APC-PDP. what different do they make? aren't they government? are they.ot d same ppl? APC is d new PDP n PDP is d old version of APC... talk about government policies and how its affect she common man my friend and not about party now pls....
You can do better than resorting to insult. You call me your friend yet you say your friend asks a stupid question? Make your arguement without belittle yourself,internet give people right to talk to those who ordinarily you could call sir or ma in real life. I don't have time to argue with you again.
Re: Why The N50 Charge By Fg Is Corruption In Itself by henryhemon(m): 5:16am On Jan 21, 2016
jpphilips:
@OP.

This government is broke, that is a fact, what does broke governments world over do to raise funds? Tax her citizens.

In your opinion you believe only the rich should be taxed, logical and empathetic from a poor man's point of view, I believe you know the rich will reason it differently, afterall nobody stopped you from becoming rich.

I agree completely the money should be paid directly into the TSA, no doubt about that except the CBN would want to commission the banks before doing so, hence the current means they are using.

Either ways, this government so far has shown nothing but good faith and sincerity of purpose , wisdom demands we support it.
The amount we paid on COT that was recently scrapped was far higher than what you are complaining about, do the maths yourself.

This policy is better than increasing VAT to 20% either way you look at it.
I always say people should have indept knowledge before coming out with baseless arguements. Now they said it's to improvish the poor and middle class,how many times do they poor carry out bank activities? Obviously the rich will pay more,we have a sincere and passionate government who wants to turn things around ,only those who don't understand or chose to be bias.
Re: Why The N50 Charge By Fg Is Corruption In Itself by foriz4u(m): 5:16am On Jan 21, 2016
henryhemon:
You can do better than resorting to insult. You call me your friend yet you say your friend asks a stupid question? Make your arguement without belittle yourself,internet give people right to talk to those who ordinarily you could call sir or ma in real life. I don't have time to argue with you again.
u dont have basis so y will u be time. since u no internet has given privileges to ppl then u ought to have stayed away from it if u bliv u r old enuf. but from ur kiddies comments I've been able to ascertain that u r not even up to age, kindly grow up n get more informed.
Re: Why The N50 Charge By Fg Is Corruption In Itself by henryhemon(m): 5:18am On Jan 21, 2016
foriz4u:
in other sense, you support the motion right? a whole 5% to b charged at every bank deposit. so after I've paid my tax, pay my PHCN, my LAWMA, security on my street(which d government was meant to provide from my tax), pay my cable bill, fuel my generator (for electricity the government r supposed to make constant after paying my bill on already) and pay other governments taxes at the market, transportation n d rest of them, then, the stingy, wicket and mosquitos (blood sucking) government still go ahead to take 5% on my salary because it went tru d bank and u tell me its d law? what stupid law r u talking abouthuh is it a law imposed/made by god or man?
ok, look at this , I earn N120,000 as salary
take home pay after tax let's say N108, 000
my coy pays d money into my account, 5% cut so I'll b left with N102, 800.
now, pls tell me what significant prove I've I seen the government have done with all the taxes being collected over time? nothing! they will come out to claim they provide jobs or enable environs for d job. rubbish! did I get any form of scholarship why in school? No! did I get feed? No! has d govrnmnt provided me security, water, good roads, gym, quality education? isn't not my parents who paid tru their brain spending children abroad to acquire good education? when I was to open my coy didn't I pay d government, did they supported with any form of 'free' money or even zero % loan interest? obviously not! so who gives them d right to all these unreasonable taxes and charges? stupid, wicked n inconsiderable arm robbery government. na god go kill all of una wey dey suffer us for dis country. Amen!
If i remember this government have been 9 months old and I trust you didn't just start life or get employment? What did they previous government did with all you paid for even with the oil boom?
Re: Why The N50 Charge By Fg Is Corruption In Itself by henryhemon(m): 5:20am On Jan 21, 2016
foriz4u:
u dont have basis so y will u be time. since u no internet has given privileges to ppl then u ought to have stayed away from it if u bliv u r old enuf. but from ur kiddies comments I've been able to ascertain that u r not even up to age, kindly grow up n get more informed.
Like I said it shows your level of life your comments. I do not need to prove anything to you. Everyone knows who is the kid here.
Re: Why The N50 Charge By Fg Is Corruption In Itself by DONshawn: 5:22am On Jan 21, 2016
A despirate mesure by the government to ensure that ALMOST all Ngerans pay tax to salvage what is left. This government is a thinkng one. Take it or leave it!

When the jolly good governments of yester years were leading us to the slaughter slab that we are today where were WE?

News flash - HARD TIMES ARE HERE....

..... Deal with it!
Re: Why The N50 Charge By Fg Is Corruption In Itself by spartan50(m): 5:28am On Jan 21, 2016
Tokt:
Arrant Nonsense. We are looking for immediate ways to depend less on crude oil money and run the economy u are here talking rubbish.
If u aren't happy, go to court and Sue the govt.
Besides, what the govt simply did is an implementation of an existing law that was never enforced. It's not a new law.
you are just a big fool
Re: Why The N50 Charge By Fg Is Corruption In Itself by foriz4u(m): 5:29am On Jan 21, 2016
henryhemon:
If i remember this government have been 9 months old and I trust you didn't just start life or get employment? What did they previous government did with all you paid for even with the oil boom?
can u c how silly ur questions are? do I look like obj, Jo.a, tinubu, dasuki, ibb, amechi, sanusi, soludo, fatia, ogukwu or d rest of them in ur eyeshuh sha na u dey defend them ...y not ask them wat they ve been doing with d taxes Nigerians have been paying b4 going ahead to becoming oliver twist ? oh...d government is just 9month oldhuh? did I hear u say 9months? what happens after a woman is pregnant for 9month? isn't it to deliver? u APCist keep blaming n blaming...get to work pls that's all I need, that's what I voted u guys in for not to come at every point to complain to me "oh look oh, d former guy shit for d entrance o so I no fit enter d huz o" rubbish!!! clean d mess up my frnd.
Re: Why The N50 Charge By Fg Is Corruption In Itself by foriz4u(m): 5:33am On Jan 21, 2016
henryhemon:
Like I said it shows your level of life your comments. I do not need to prove anything to you. Everyone knows who is the kid here.
abegi shift! na d N50 wey u won chop dey mk conji hold u so... it will purge u...don't mentione again ok!!!
Re: Why The N50 Charge By Fg Is Corruption In Itself by henryhemon(m): 5:34am On Jan 21, 2016
foriz4u:
can u c how silly ur questions are? do I look like obj, Jo.a, tinubu, dasuki, ibb, amechi, sanusi, soludo, fatia, ogukwu or d rest of them in ur eyeshuh sha na u dey defend them ...y not ask them wat they ve been doing with d taxes Nigerians have been paying b4 going ahead to becoming oliver twist ? oh...d government is just 9month oldhuh? did I hear u say 9months? what happens after a woman is pregnant for 9month? isn't it to deliver? u APCist keep blaming n blaming...get to work pls that's all I need, that's what I voted u guys in for not to come at every point to complain to me "oh look oh, d former guy shit for d entrance o so I no fit enter d huz o" rubbish!!! clean d mess up my frnd.
You see how bias you are?
Re: Why The N50 Charge By Fg Is Corruption In Itself by henryhemon(m): 5:37am On Jan 21, 2016
foriz4u:
abegi shift! na d N50 wey u won chop dey mk conji hold u so... it will purge u...don't mentione again ok!!!
Clean yourself up, your frustration shows way too much. Take it out on other people not me.
Re: Why The N50 Charge By Fg Is Corruption In Itself by philips70(m): 5:40am On Jan 21, 2016
Nigerians are an impossible bunch. Do you all know crude oil, our mainstay of the economy is almost going $1/bbl? Do you want the government to close shop so you celebrate early they have failed? Even if they will have to diversify the economy will they do it with sales proceeds from sea water?

Finally, I can say 99% of you do not even have a current account. Every business man does and they are the main target of this act. Finally, the government must fund the budget whether you like it or not.
Re: Why The N50 Charge By Fg Is Corruption In Itself by nereiskc(m): 5:51am On Jan 21, 2016
Pls op get the directive right, the N50 stamp duty doesn't affect saving account holders and transfers or deposit of self account. Finally, the N50 is payed by the cash receiver not the depositor.
Re: Why The N50 Charge By Fg Is Corruption In Itself by ijames: 5:57am On Jan 21, 2016
Stupid post.
When the past administration looted everything in our reserves did u and brothers voiced a word? Shm.
Now we are all made to pay for their sins. Keep claping for curruption foolish naija youths, one day we will all pay with our BLOOOD.
This Is just the beginning
Re: Why The N50 Charge By Fg Is Corruption In Itself by DonPapaRaffy: 6:05am On Jan 21, 2016
So wen u wan to pay #50,000 it's better u go with #50,050.
Re: Why The N50 Charge By Fg Is Corruption In Itself by amarachi06(f): 6:07am On Jan 21, 2016
idupaul:
You have not achieved nothing. .you think working in a party's data centre a as a social media change agents is an achievement. .you can't even achieve something as common as freedom to think because your director even briefs you on what he wants you to post from time time
Guy dis one is back to back to a daft
Re: Why The N50 Charge By Fg Is Corruption In Itself by jumboo: 6:23am On Jan 21, 2016
foriz4u:
in other sense, you support the motion right? a whole 5% to b charged at every bank deposit. so after I've paid my tax, pay my PHCN, my LAWMA, security on my street(which d government was meant to provide from my tax), pay my cable bill, fuel my generator (for electricity the government r supposed to make constant after paying my bill on already) and pay other governments taxes at the market, transportation n d rest of them, then, the stingy, wicket and mosquitos (blood sucking) government still go ahead to take 5% on my salary because it went tru d bank and u tell me its d law? what stupid law r u talking abouthuh is it a law imposed/made by god or man?
ok, look at this , I earn N120,000 as salary
take home pay after tax let's say N108, 000
my coy pays d money into my account, 5% cut so I'll b left with N102, 800.
now, pls tell me what significant prove I've I seen the government have done with all the taxes being collected over time? nothing! they will come out to claim they provide jobs or enable environs for d job. rubbish! did I get any form of scholarship why in school? No! did I get feed? No! has d govrnmnt provided me security, water, good roads, gym, quality education? isn't not my parents who paid tru their brain spending children abroad to acquire good education? when I was to open my coy didn't I pay d government, did they supported with any form of 'free' money or even zero % loan interest? obviously not! so who gives them d right to all these unreasonable taxes and charges? stupid, wicked n inconsiderable arm robbery government. na god go kill all of una wey dey suffer us for dis country. Amen!
How come u earn 108k when u cannot read. It's not a 5% charge on every deposit. It's 50 naira on deposits above 1000 naira to a non savings account. If u r unhappy with the charge, provide your savings account as designated bank for your transactions.
Re: Why The N50 Charge By Fg Is Corruption In Itself by Nobody: 6:26am On Jan 21, 2016
For those who are blindly defending this policy, I have nothing but pity for them. If the postal policy existed before PMB, at least GEJ was humane enough not to implement it.
Re: Why The N50 Charge By Fg Is Corruption In Itself by grabs(m): 6:31am On Jan 21, 2016
Tokt:

I knew I struck a nerve when I called ur wretched lineage out. Again I reinstate and bold to say that no one in ur household has ever acheived as much as I have.
what exactly is this your achievementt that you are so drunk on?
Re: Why The N50 Charge By Fg Is Corruption In Itself by GeneralShepherd(m): 6:41am On Jan 21, 2016
Utchman1:
Please FG is not your father. The earlier you understand that the better for you. You are complaining about 5% VAT where as you will pay 20% VAT in the UK.

It is your responsibility to pay tax to the government.
And have you seen potholes on any road in the UK?

Do you know how easy it is to go to a hospital in the UK?

How many times have you seen fuel queues in the UK!
Do you education is free up to college?

Do you University education can be funded using student loans?
Re: Why The N50 Charge By Fg Is Corruption In Itself by patani(m): 6:41am On Jan 21, 2016
Government has alot of Financial commitment to meet, hence the policy. I wonder why we envy western nation when we are not ready to make thesame sacrifice their citizens make.#toosad#
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