VAT has risen to 7.5%, Fuel jump from 67 to 145, recession, now you want to make Nigerians pay for bank deposit...

Walahi...Buhari epitomizes failure, hardship, difficulty, incompetence and evil. Jonathan's sin wasn't 1/3 of this goro chewing cow rearer, yet Nigerians went to town... now we de endure this one...

Very soon bank go de maintain their lane, we too go de maintain our lane... na to go back to 1959 when we dig ground to keep our money or build vault in your underground if u be otedola or dangote.



Admin am waiting for you to ban me again... I will always be on nairaland.

'A man dies in all who maintain silence in the face of tyranny'.
Nigerians and the stockholm syndrome...

Can you see how they intentionally skipped Northern states from this economic madness policy? Their main target is the Southwest, Southeast, SouthSouth, regions that sustain this country's economy, and left the freeloader states in the North. Nigeria should just break. Enough of this daylight robbery. I swear the biggest fools in this country are Southern elites who just sit idly back and watch as the Northern elites continues to scheme new ways to rob the Southern region of all its resources and rape the economy of the South to feed the greedy parasites in the North that flex with southern money

orunmila144:
i have not seen his tax returns but i am sure he pays his taxes. this is a man who refused to collect his lifetime bonuses from the army because he said there is no need for him to

Stop believing lies please.
You can deduce why Dasuki is not allowed to give testimony in public or be tried all these four years from the sample below.
Buhari is the biggest thief of all.


www.nairaland.com/attachments/3191654_1239200310207040029852596885005702579760607n_jpeg655e00798ae6d4674d9087bb4277b198

Na to begin store money in bitcoin form naa

Princedapace:


lol, u guys are funny. So, u really think ur leaders will cut down on their pay? Our senators are among the highest paid in the world. U really think paying higher tax will make Nigerians go out there to fight their leaders when the leaders have used ethnic and religious sentiment to blindfold Nigerians? Politicians that have used illiteracy and poverty to cage Nigerians.

Seems u dont understand the Nigerian system. And funny enough, Nigerians pay tax, there nothing we do that does not have value added tax. Every worker has his tax deducted before he gets paid. Go to business areas and see how much tax is been collected from traders. They complain bitterly of multiple tax. Telecom companies lamented the other of multiple taxation. Nigerian leaders should show evidence of the tax they collect and not use the little collected to tell police to kill protesters.

How can u use police, a public institution funded with taxpayers money to kill protesters who are protesting against bad leadership and u want others to happily pay tax. There is nothing I will say that will make sense to you. So, let forget it. Nigerians cant hold their leaders accountable becus we have been highly divided via religion and ethnic sentiments.

Secondly, Nigerians are naturally greedy. Those who can organize protests are easily bought with lucrative offers and positions. That is why u cant find a decent activists anymore.

ur celebrities who could have become voices are benefiting from politicians. They offer them deals and use them for money laundering. So they get paid. The masses dont have any organized framework. Labour union that should have easily helped organized the masses are highly compromised. They cant speak against the govt becus they work hand in hand.

Do u look at the religion or tripe of the owner of the bank u bank ur money ?

Nigerians dont care about leaders because they dont really contribute anything ....its ur luck if u get to power ....its nicer delta oil money

But u if u are tax 20% of ur income plus other tax amonting to 20k a month would u have an excuse not to vote
Would u have an excuse not to protest ?

Would u prefer we dont tax and remain like this ?

What politicians earn in a year is not half of what civil sarvants earn in a month ....that's a fact

Government jumbo salary has nothing to do with our lack of development ,lack of funds is

Tulsaguy:
VAT has risen to 7.5%, Fuel jump from 67 to 145, recession, now you want to make Nigerians pay for bank deposit...

Walahi...Buhari epitomizes failure, hardship, difficulty, incompetence and evil. Jonathan's sin wasn't 1/3 of this goro chewing cow rearer, yet Nigerians went to town... now we de endure this one...


Admin am waiting for you to ban me again... I will always be on nairaland.

'A man dies in all who maintain silence in the face of tyranny'.
Nigerians and the stockholm syndrome...

www.nairaland.com/attachments/4184367_img20160901212519_jpeg78b79ce1d41276755a59631319a61753

Xano:

Do not be ignorant. Knowledge is important. It is an unnecessary policy.

Na its not ...if u don't want it use online transaction

I dont like dis idea but if im to deposit 3M, na to cut it to 450k per each deposit....we go know who go suffer pass...i will use as many as their deposited slips and the person in charge of their teller go work tired aa many slips mine would be attended to....i also pity thoseon the queue cox dem go wait tire.

stanech:
Nigerians To Start Paying For Bank Deposits In 2020
The charges will attract three per cent processing fees for withdrawals and two per cent processing fees for lodgments of amounts above N500,000 for individual accounts.

Starting from September 18, 2019, Nigerians operating bank accounts will begin to pay charges for deposits and withdrawals.

Making the announcement on Tuesday, the Central Bank of Nigeria said that the nationwide implementation of the cashless policy will begin by March 2020.

The apex bank said that implementation of the policy would signal the imposition of charges on deposits in addition to already existing charges on withdrawals.

According to the circular, the charges will attract three per cent processing fees for withdrawals and two per cent processing fees for lodgments of amounts above N500,000 for individual accounts.

For corporate accounts, the apex bank in the circular said that DMBs would charge five per cent processing fee for withdrawals and three per cent for lodgments of amounts above N3m.

The statement, however, disclosed that the charge on deposits would apply in Lagos, Ogun, Kano, Abia, Anambra, and Rivers states as well as the Federal Capital Territory.

http://saharareporters.com/2019/09/17/nigerians-start-paying-bank-deposits-2020

anonimi:


So you finally agree that your General is a rogue like all the others
Thanks. We finally found a common ground.


www.nairaland.com/attachments/2026536_image_jpeg9f360c5ab7736510df54c882e9dbf188


www.nairaland.com/attachments/2151923_10959780101527066886056781674305683697845804n_jpeg88571234fc99d5765ef94ba8883de888

no we dont agree. I just dont have the time to go back and forth with you. I have a visa appointment to make in the next few hours. I am saving my strength. I have a 4 hour train journey in a couple of hours time

I've always said it, we do too much cash transactions in Nigeria, doesn't make sense.....

Minjim:

Charges on online deposits has been on since.

You send money, you pay. Some amount is deducted from the receiver's account too.

but i thought that Bank only deducts if d transaction is from different banks

People saying it's a tax are deliberately mischievous. It's purely the banks money not a government tax.
Anyways how many people self dey deposit 500000 naira per month

gbemigavictor:



Thats if our tax will not be going to thier individual pocket

Would u allow ur brother to eat money u contributed for a project ?

Im sure u can allow him eat money u were both dashed that u are not aware off especially when u have enough

Le2money:
I dont like dis idea but if im to deposit 3M, na to cut it to 450k per each deposit....we go know who go suffer pass...i will use as many as their deposited slips and the person in charge of their teller go work tired aa many slips mine would be attended to....i also pity thoseon the queue cox dem go wait tire.

and who suffers the most ? you will have to go into the bank 6 times and queue 6 different times. abi you think they will allow you to deposit all 3M in 6 places at one visit ? lmaoooo clowns full NL

Government is not able to use the proceeds from oil revenue and other generated income now they want to siphon more from the masses

mrvitalis:

Na its not ...if u don't want it use online transaction

online transaction is not even free, u will b charged if u r transacting to other Bank

MobilityExpress:
Can you see how they intentionally skipped Northern states from this economic madness policy? Their main target is the Southwest, Southeast, SouthSouth, regions that sustain this country's economy, and left the freeloader states in the North. Nigeria should just break. Enough of this daylight robbery. I swear the biggest fools in this country are Southern elites who just sit idly back and watch as the Northern elites continues to scheme new ways to rob the Southern region of all its resources and rape the economy of the South to feed the greedy parasites in the North that flex with southern money

That is the modus operandi of the Fulani Republic of Naijeriya, FRN aka BuhariStan:

Appoint southerners like Fowler and Emefiele to squeeze the south for money.
Appoint northerners like Kyari, Buratai and Mansur Muhammad Dan Ali to spend it without accountability.


[img]https://1.bp..com/-_spEZ7TwEzU/XRF8uDxWQJI/AAAAAAADR7I/gPwLfreuV1AGnnOpWLdknSIxhfvR5szUgCLcBGAs/s400/Fulani-Herdsmen-and-Militia-1.jpg[/img]

anonimi:



www.nairaland.com/attachments/4884294_mistake_jpeg702a2602bc7f166e23ca39e4552fd42f

Biggest mistake. I swear I regret voting Buhari in 2015. The first term was a big eye opener. No way I could vote for him again in 2019. Voting for him once was bad enough, but to imagine that some people voted for him twice is sickening. I'm not a fan of Atiku either, and cannot vote for Atiku either, but I wish Nigerians had tried other candidates like Oby Ezekwesili or Sowore. We are responsible for our suffering when we keep voting terrible government leaders like Buhari into power. His economic policies are just zero, nothing to write home about. His anti-corruption war might be a bit commendable but the gains he makes in anti-corruption, he destroys with useless economic policies, a somersault government that takes 10 steps forward, then takes 80 steps backwards.

Danchibez:


online transaction is not even free, u will b charged if u r transacting to other Bank

U want it free ?
U want good road
U want schools so fine
U want good hospitals

Pay tax u wont ...if they ask u to pay 25k a month and have all this would u ?

Flier:
It does,some of them deposit more than 500k every day but the profit on that #500.000 might not be more than #2000 naira and yes it’s as bad as that
The government need to do something about profit being made by retailers,it’s just too bad
The producers are ripping them off

If they deposit more than 500k per day, the solution is simple!
Offer cashless options to your customers! There are many types! POS, bank transfer, etc

mrvitalis:

Im not ....if we must grow people must learn to pay tax

Would you mind keeping quiet!

The government are literally doing nothing whatsoever to help the economy of the country, all they care about is mismanaging and looting the funds available and now they want us to pay tax for "depositing" money. And you want me to clap for them?

Did you see them explicitly say what they were planning to do with that so called tax? You want me to happily pay tax to a useless government that doesn't give a rat ass about the country or people in it.

Bill Gates commented on their poor governance and rather than making proper plans, increasing exports, creating industrialized infrastructure, stabilizing power to increase productivity and so much more to do, rather they want to extort the citizens even more. And you Mr man wants me to clap for the dumb f*cks!

Some E-rat will still defend this obnoxious and wicked policy

No need when ever u want to deposit 500k just remove 1k and deposit 499k after all dey said from 500k even if it's 10m just be doing 490k till the remaining change go fall in place to deposit too if they think dey are wise we go tell them say we na wiser

Nigerians need light first not any rubbish! The heart of any Country is light first, so anything Nigeria government is doing without light in Nigeria na wash n yeye...

mrvitalis:

Im not ....if we must grow people must learn to pay tax

Higher taxes theoretically should mean faster and better government interventions to providing quality social amenities. However in Nigeria, it just simply means more money for politicians to share amongst themselves.

In other words, until this is FIRST corrected, any form of tax increment is wickedness and callous robbery of the citizenry!

mrvitalis:

Im not ....if we must grow people must learn to pay tax

Higher taxes theoretically should mean faster and better government interventions to providing quality social amenities. However in Nigeria, it just simply means more money for politicians to share amongst themselves.

In other words, until this aberration is FIRST corrected, any form of tax increment is wickedness and callous robbery of the citizenry!

mrvitalis:

Im not ....if we must grow people must learn to pay tax

Not to enrich our corrupt leaders.

This is what SA banks do..taking bank charges on deposit and withdrawing exploiting the masses.So unfortunate our leaders copy the wrong ideas from outside world.

MobilityExpress:
Biggest mistake. I swear I regret voting Buhari in 2015. The first term was a big eye opener. No way I could vote for him again in 2019. Voting for him once was bad enough, but to imagine that some people voted for him twice is sickening. I'm not a fan of Atiku either, and cannot vote for Atiku either, but I wish Nigerians had tried other candidates like Oby Ezekwesili or Sowore. We are responsible for our suffering when we keep voting terrible government leaders like Buhari into power. His economic policies are just zero, nothing to write home about. His anti-corruption war might be a bit commendable but the gains he makes in anti-corruption, he destroys with useless economic policies, a somersault government that takes 10 steps forward, then takes 80 steps backwards.

You fell for the same demonisation propaganda that APC used to make you vote against Jonathan in 2015 to also vote against Atiku in 2019.
Both of them are not good but way better than Buhari.


www.nairaland.com/attachments/3084794_DumbPeople_jpg287f2b4d3ead2f536f99f92cbca9c590

it's another one!

#diabolic govt of thieves!

by thieves!

for foooooools!

mrvitalis:
This is luxury tax no one should complain

It would affect me very much but i believe in taxing

Dumb!

If I'm withdrawing 500k, I should give them 15k for doing what exactly for me?