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70% Of Nigeria’s N5.2 Trillion Tax Revenue Was Contributed By Lagos State - Politics (3) - Nairaland

Nairaland ForumNairaland GeneralPolitics70% Of Nigeria’s N5.2 Trillion Tax Revenue Was Contributed By Lagos State (12801 Views)

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Re: 70% Of Nigeria’s N5.2 Trillion Tax Revenue Was Contributed By Lagos State by Nobody: 8:12am On Apr 25, 2019
iammo:
I'll prefer to tell you about Ogun IGR doubling that of southeast mushroom states, and that Oyo alone generates half of what Southeast makes.
Lies as usual. Ogun benefits from proximity with Lagos and even at that, the igr is not doubling that of southeast. Besides, whatever Ogun is making could have been doubled if not for the kleptomaniac effect of tinubu.
As for Oyo? Ask Ajimobi he can explain better
Re: 70% Of Nigeria’s N5.2 Trillion Tax Revenue Was Contributed By Lagos State by wirinet(m): 8:13am On Apr 25, 2019
kafulka:
Who are the major players in these land borders that generates the IGR if not business people

People like you whose only job is to rant on line are just spectators
.
And Igbos are the only people that bring in goods through the land borders?
Re: 70% Of Nigeria’s N5.2 Trillion Tax Revenue Was Contributed By Lagos State by bigpicture001: 8:14am On Apr 25, 2019
Another big fat lie from the indebted lagos state government
Re: 70% Of Nigeria’s N5.2 Trillion Tax Revenue Was Contributed By Lagos State by Chimaokigwe: 8:16am On Apr 25, 2019
lastempero:
What do u know mugu,have you transacted more than 1000 naira in your entire life,you mean to say that seme and idiroko is the headquarter of smuggling in Nigeria.
Seme border I mentioned is also the headquarters of smuggling?

You lack sense just like those who pushed you out of the house to be hawking your folly online.
Re: 70% Of Nigeria’s N5.2 Trillion Tax Revenue Was Contributed By Lagos State by Chimaokigwe: 8:16am On Apr 25, 2019
wirinet:
And Igbos are the only people that bring in goods through the land borders?
Don't mind the idiot
Re: 70% Of Nigeria’s N5.2 Trillion Tax Revenue Was Contributed By Lagos State by kafulka(m): 8:17am On Apr 25, 2019
wirinet:
Where did you get this your statistics? Imports by Flour mills, honeywell and Dangote (salt and sugar) imports alone is higher than all Igbos imports added together.

See the amount of ordinary salt we import - https://www.thenationonlineng.net/nigeria-spends-n3-6tr-on-salt-import/amp/
Did you Skip where I mentioned corporate organization which represent Dangote's business interest
.
Re: 70% Of Nigeria’s N5.2 Trillion Tax Revenue Was Contributed By Lagos State by Chimaokigwe: 8:18am On Apr 25, 2019
[s]
Buckubuck:
Lies as usual. Ogun benefits from proximity with Lagos and even at that, the igr is not doubling that of southeast. Besides, whatever Ogun is making could have been doubled if not for the kleptomaniac effect of tinubu.
As for Oyo? Ask Ajimobi he can explain better
[/s]

What is Alaigbo contributing and how much?

The only igbos are contributing are stories and excuses while the SE is rotting away. No concrete plan for improvement or development.
Re: 70% Of Nigeria’s N5.2 Trillion Tax Revenue Was Contributed By Lagos State by kafulka(m): 8:26am On Apr 25, 2019
wirinet:
And Igbos are the only people that bring in goods through the land borders?
You always quote me out of context !!

Where did I mention Igbo's in that post, I said business people which I know the guy I quoted can only survive by 9 to 5 jobs
.
Re: 70% Of Nigeria’s N5.2 Trillion Tax Revenue Was Contributed By Lagos State by 9gerian: 8:31am On Apr 25, 2019
Again, what did Jonathan do as President? I ask because most of the people crying foul now appear to be from the SE majorly.

Why didn’t people shout then so that they build seaport in each state of the federation or at least in each SE or SS state?

Businesses are situated for maximum advantage. Even shippers charge less when you bring your goods to Lagos than any other port in Nigeria. Lagos is simply more viable.

In the North, all cross border shipments go to Kano first before distribution to various border states for consumption. Population, manufacturing industries, disposable income, purchasing power and consumer behavior are chief factors.

The only thing that could have shed some weight off Lagos was if major industries like Ajaokuta Steel Complex, and the likes are dispersed and situated apart to boost economic activities of those states and their regions. Even then the peaceful nature or lack of it amongst other factors would be key determinants still.

Also, the funds given other states would need to be withheld for a minimum of 4 to 5 years with no reprieve in sight to force the leaders and people to look inward and generate income. This was how Lagos rediscovered itself...

Finally, Leadership in Nigeria have hardly deviated from continuing (without proper maintenance btw) with what works and gives the highest returns. This in itself is not a major problem except that you must equally pay attention to develop / revive what is not working so that over time it works and balances some of these lopsided scenarios. Again, even the Lagos facilities are in barely serviceable states in spite of being the cash cow.

So guys, nobody is deliberately sabotaging other states or regions. It all cascades from the type of people that we are, and consequently the type of leaders that we produce...


Dukeolumidemans:
70% of the revenue generated will definitely come from Lagos because it's home to the sea port simple...

Build sea ports in Calabar, Akwa Ibom, Onitsha, Warri and let Port Harcourt sea port operate in full capacity, u will see that most businesses will quickly move out of Lagos.

This alone will reduce the IGR of Lagos and it's population. It's not rocket science but our leaders based on sentiments and fear of the South will not even want to hear this...ask Obasanjor if I lied.
Re: 70% Of Nigeria’s N5.2 Trillion Tax Revenue Was Contributed By Lagos State by celeiyke: 8:31am On Apr 25, 2019
GavelSlam:
You still paid VAT in Nassarawa for the project.
Which school did u attend?
Re: 70% Of Nigeria’s N5.2 Trillion Tax Revenue Was Contributed By Lagos State by Warship: 8:35am On Apr 25, 2019
SarkinYarki:
This is poor thinking by these accountants!!! ..This looks so because 70 percent of Nigeria VAT collections happen in Lagos but these monies originate from other states ..I will tell you the story of 100 KVA generator I once supplied to a hospital in Nassarawa state , the money for this transaction came 100 percent from Nassarawa state but I paid all the taxes carried to the generator in Lagos state making it seem like the money came from Lagos to a shallow mind ...as long as 70 percent of Nigerias imports pass through Lagos it will continue to seem Lagos is contributing most of the tax which is kind of erroneous
Bros, can you give me an estimate of how much a 100KVA generator cost as of today.?


Do you have an idea where I can buy a 100KVA alternator.?
Re: 70% Of Nigeria’s N5.2 Trillion Tax Revenue Was Contributed By Lagos State by wirinet(m): 8:36am On Apr 25, 2019
kafulka:
Did you Skip where I mentioned corporate organization which represent Dangote's business interest
.
Then why did you even mention igbos? You make it seem as if igbos are the only people responsible for the 70% Of Nigeria’s N5.2 Trillion Tax Revenue contributed By Lagos State that we are talking about.

Do you know the amount of importation done by jumia or direct importation by Nigerians through aliexpress or alibaba?
Re: 70% Of Nigeria’s N5.2 Trillion Tax Revenue Was Contributed By Lagos State by Nobody: 8:38am On Apr 25, 2019
SarkinYarki:
This is poor thinking by these accountants!!! ..This looks so because 70 percent of Nigeria VAT collections happen in Lagos but these monies originate from other states ..I will tell you the story of 100 KVA generator I once supplied to a hospital in Nassarawa state , the money for this transaction came 100 percent from Nassarawa state but I paid all the taxes carried to the generator in Lagos state making it seem like the money came from Lagos to a shallow mind ...as long as 70 percent of Nigerias imports pass through Lagos it will continue to seem Lagos is contributing most of the tax which is kind of erroneous
70% of tax revenue not VAT Mr. The tax revenue is a lump sum of other revenues( personal income tax, companies income tax, value added tax, stamp duties e.t.c). Other states can equally generate high tax but they being political
Re: 70% Of Nigeria’s N5.2 Trillion Tax Revenue Was Contributed By Lagos State by kafulka(m): 8:39am On Apr 25, 2019
Chimaokigwe:
Don't mind the idiot
When presented with undeniably facts they now result to insults mostly bcs some of you hide on a faceless forum and believes anyone you see here are on the same class with you..continue..
Re: 70% Of Nigeria’s N5.2 Trillion Tax Revenue Was Contributed By Lagos State by Nobody: 8:40am On Apr 25, 2019
Chimaokigwe:
[s][/s]

What is Alaigbo contributing and how much?

The only igbos are contributing are stories and excuses while the SE is rotting away. No concrete plan for improvement or development.
I don't know what you mean by what Igbo are contributing when they are generally acknowledged as the most commercial tribe. Forget ethnic bashing, if you want to complain about ppl not contributing, your anger should be directed northwards. Unfortunately for you, buhari has opened two ports in the north and is frantically searching oil, yet you're too blind to see what is going on
Re: 70% Of Nigeria’s N5.2 Trillion Tax Revenue Was Contributed By Lagos State by SarkinYarki: 8:42am On Apr 25, 2019
asuustrike1:
70% of tax revenue not VAT Mr. The tax revenue is a lump sum of other revenues( personal income tax, companies income tax, value added tax, stamp duties e.t.c). Other states can equally generate high tax but they being political
believe me they are refering to Federal taxes not state taxes and in Federal Taxes VAT is the most reliable because nobody can escape ot
Re: 70% Of Nigeria’s N5.2 Trillion Tax Revenue Was Contributed By Lagos State by GavelSlam: 8:43am On Apr 25, 2019
SarkinYarki:
No I didn't pay VAT !! VAT is borne by the last consumer and I was just a supplier ..The hospital patients will eventually bear the coat of the VAT and VAT is paid just once
Did you supply a generator alone?

No installation, nothing?
Re: 70% Of Nigeria’s N5.2 Trillion Tax Revenue Was Contributed By Lagos State by Psoul(m): 8:44am On Apr 25, 2019
So what should we do about this?
Have u considered that all the oil revenue of the country comes from the Niger-Delta?

Nonsense post.
Re: 70% Of Nigeria’s N5.2 Trillion Tax Revenue Was Contributed By Lagos State by SarkinYarki: 8:45am On Apr 25, 2019
Warship:
Bros, can you give me an estimate of how much a 100KVA generator cost as of today.?


Do you have an idea where I can buy a 100KVA alternator.?
between 4.5m to 6m depending on the brand .. You can get a good 100KVA Stamford alternator from

Bjhosons Nigeria
Victoria Island
29 , Kofo Abayomi Street,
Victoria Island,
09094999808
Re: 70% Of Nigeria’s N5.2 Trillion Tax Revenue Was Contributed By Lagos State by SarkinYarki: 8:49am On Apr 25, 2019
GavelSlam:
Did you supply a generator alone?

No installation, nothing?
I installed but all the techs that installed travelled from Lagos there , the only thing the hospital did was build a concrete base were it was mounted before the Gen arrived and the Winch truck that conveyed was hired from Lagos .That Nassarawa hospital bore all the cost which they will eventually pass on to Nassarawa patients
Re: 70% Of Nigeria’s N5.2 Trillion Tax Revenue Was Contributed By Lagos State by wirinet(m): 8:49am On Apr 25, 2019
9gerian:
majorly.
Why didn’t people shout then so that they build seaport in each state of the federation or at least in each SE or SS state?
This my grouse with my Igbo in laws. All complaints but no actions. No effort whatsoever at solving perceived inbalances or injustices. If efforts had been made and it was sabotaged by the FG or other Nigerians, I will be the first to carry the fight on their behalf.
What stops the state government or a couple of state governments from taking over one of the ports in the Niger delta and making it viable. The FG concessioned the ports in the country and any business person or state government can take control of the ports. After all if Atiku can have full control of Onne Port, why can't others take control of other ports?

The era of governments of building and operating ports are over, even in the US ports are concessioned to private companies.
Re: 70% Of Nigeria’s N5.2 Trillion Tax Revenue Was Contributed By Lagos State by Imo1stson: 8:52am On Apr 25, 2019
Enough of this repeated fallacy. Remove the seaports and move them to the rightful place which is Niger Delta, relocate all oil companies and their affiliates to the rightful place which is the Niger Delta and wait for only 10 years.
Re: 70% Of Nigeria’s N5.2 Trillion Tax Revenue Was Contributed By Lagos State by GavelSlam: 8:53am On Apr 25, 2019
SarkinYarki:
I installed but all the techs that installed travelled from Lagos there , the only thing the hospital did was build a concrete base were it was mounted before the Gen arrived and the Winch truck that conveyed was hired from Lagos .That Nassarawa hospital bore all the cost which they will eventually pass on to Nassarawa patients
VAT was added to the cost of the entire project and it was paid in Nassarawa.

Secondly, were you expecting a 100 KVA generator to be idling away in a warehouse in Lafia?

Re: 70% Of Nigeria’s N5.2 Trillion Tax Revenue Was Contributed By Lagos State by Warship: 8:55am On Apr 25, 2019
SarkinYarki:
between 4.5m to 6m depending on the brand .. You can get a good 100KVA Stamford alternator from

Bjhosons Nigeria
Victoria Island
29 , Kofo Abayomi Street,
Victoria Island,
09094999808
Pls do you have an idea how much the 100KVA Standford Alternator will cost.?
Re: 70% Of Nigeria’s N5.2 Trillion Tax Revenue Was Contributed By Lagos State by wirinet(m): 9:03am On Apr 25, 2019
Imo1stson:
Enough of this repeated fallacy. Remove the seaports and move them to the rightful place which is Niger Delta, relocate all oil companies and their affiliates to the rightful place which is the Niger Delta and wait for only 10 years.
How will you remove ports from Lagos and relocate them to Niger Delta? Will you force oil companies at gun point to relocate their headquarters. You attracts investments with incentives and not by force. What incentives have your state governments provided for oil multinationals to make them relocate there, like security, infrastructure, tax breaks. You guys forget state governments have roles to play also.

If a UAE company can bid and win concession to operate US ports, why can my igbo brothers - either individual organisations or state governments? - https://www.google.com/amp/s/amp.arabianbusiness.com/amp/article_listing/aben/transport/393279-uaes-gulftainer-wins-50-year-concession-to-operate-us-port

After all the igbos boast to be the best at business. Business does not mean only buying and selling.
Re: 70% Of Nigeria’s N5.2 Trillion Tax Revenue Was Contributed By Lagos State by SarkinYarki: 9:08am On Apr 25, 2019
GavelSlam:
VAT was added to the cost of the entire project and it was paid in Nassarawa.

Secondly, were you expecting a 100 KVA generator to be idling away in a warehouse in Lafia?

I was only trying to shed light on the fact that all Nigerian states are contributing their fair quota to the Federal tax purse and It will be erroneous for anyone to start assuming Lagosians pay 70 percent of the Tax the Federal govt receives because that will amount to a wrongly premised financial illusion .
Re: 70% Of Nigeria’s N5.2 Trillion Tax Revenue Was Contributed By Lagos State by SarkinYarki: 9:11am On Apr 25, 2019
Warship:
Pls do you have an idea how much the 100KVA Standford Alternator will cost.?
No but I am guessing from 750k upwards for a new one or you could go to trade fair and source buccaneered one which will be far cheaper
Re: 70% Of Nigeria’s N5.2 Trillion Tax Revenue Was Contributed By Lagos State by wirinet(m): 9:19am On Apr 25, 2019
SarkinYarki:
I was only trying to shed light on the fact that all Nigerian states are contributing their fair quota to the Federal tax purse and It will be erroneous for anyone to start assuming Lagosians pay 70 percent of the Tax the Federal govt receives because that will amount to a wrongly premised financial illusion .
Wrong premise. Other states are not contributing their fair quota to the Tax purse, not because their indigenes are not generating taxable activities, but the governors are simply contended with going to Abuja every month cap in hand to receive hand outs. Lagos was also like that before Tinubu. It was Tinubu (with a little encouragement from Obasanjo due to the allocation withholdings ) that increased the tax revenue of Lagos.

Most governors do not take tax collection serious. The east with so much economic activities have no excuse for the abysmal poor IGR.
Re: 70% Of Nigeria’s N5.2 Trillion Tax Revenue Was Contributed By Lagos State by SarkinYarki: 9:21am On Apr 25, 2019
wirinet:
Wrong premise. Other states are not contributing their fair quota to the Tax purse, not because their indigenes are not generating taxable activities, but the governors are simply contended with going to Abuja every month cap in hand to receive hand outs. Lagos was also like that before Tinubu. It was Tinubu (with a little encouragement from Obasanjo due to the allocation withholdings ) that increased the tax revenue of Lagos.

Most governors do not take tax collection serious. The east with so much economic activities have no excuse for the abysmal poor IGR.
This is Federal tax we are taking about sir ..Lagos internal revenue drive is another different ball game and is not shared at federal level .
Re: 70% Of Nigeria’s N5.2 Trillion Tax Revenue Was Contributed By Lagos State by Warship: 9:32am On Apr 25, 2019
SarkinYarki:
No but I am guessing from 750k upwards for a new one or you could go to trade fair and source buccaneered one which will be far cheaper
OK

Thanks
Re: 70% Of Nigeria’s N5.2 Trillion Tax Revenue Was Contributed By Lagos State by shadeyinka(m): 9:52am On Apr 25, 2019
SarkinYarki:
That would be double taxation , you can't tax twice on the same taxable element
I agree with you but in a lawless country like Nigeria, anything goes. We copy the Whites without understanding the principles nor rationals behind why they do what they do.

Our tax laws need a big overhaul. But the truth still remains that tax is not being paid by majority of Nigerians and most especially the rich

I hope one day, a Deliverer would be sent by God to Nigeria.

Maybe then, hope would be restored!
Peace!
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