When dem see that e no fit work for 1k...

I can bet you ... This pos people won't stop charging 50 naira

<= <= NIGERIA »

In Physics, Nigeria is a scalar quantity

We have magnitude but No direction.

please I need your help towards registering my pregnant wife for antenatal. please no amount is too small. 0018160748 GTB Folahan gbenga abayomi

hisexcellency34:
The policy has caused lot of queues in banks because people prefer to withdraw and pay with cash Instead of POS

You are absolutely right, don't mind those saying is a good development.

Slawormir:
Damnnnnn

See niggarz above me complaining
Nobody wants to pay anything in this country
We all want the government to keep working to better our lives without we contributing anything

We all want Nigeria to become London and Rome
Education in Nigeria is the cheapest because government keep on subsidizing it
Nobody wants to pay tax. Nobody wants to do anything for the government

They keep on subsidizing every part of our fuckkking life and still we keep on wailing

You are strange.

Slawormir:
Damnnnnn

See niggarz above me complaining
Nobody wants to pay anything in this country
We all want the government to keep working to better our lives without we contributing anything

We all want Nigeria to become London and Rome
Education in Nigeria is the cheapest because government keep on subsidizing it
Nobody wants to pay tax. Nobody wants to do anything for the government

They keep on subsidizing every part of our fuckkking life and still we keep on wailing

Mr man,I think you reside not in Nigeria which prompted you to make that statement.

ussv:
This is a welcome development

still not good, is it because ur purchasing power will not be up to 10k?
Buhari and his northern cabals proofing to know what they don't know are disaster.
This inconsistency only confirms Emefiele is not fit for the job, and by the way who owns already collected 50k before the official collection date of Dec 1?

I just wished the going to refund " we merchant" our money....
Just wishing ooo
God help us all

SarkinYarki:


Yes it is but the problem now is that it will take another six months before greedy Nigerian Merchants obey it .

They must obey. Ask before you make payment

SarkinYarki:


Yes it is but the problem now is that it will take another six months before greedy Nigerian Merchants obey it .

.


merchants are complying already ... since monday on my pos transactions i don't get charged.

ericsmith:
.


merchants are complying already ... since monday on my pos transactions i don't get charged.

I will like to talk to you.... which bank do you operate with because my own I'm still being charged...
Please your contact is need bro...

You want to encourage cashless economic yet making it costly. Mumu people. The thing should be at least 100k.

I think they have observed a sharp decline on the use of POS across board maybe that was why they are coming up with this now... I love the people of Nigeria. Dem no dey carry last.

Me too, i am still being charged. I use access bank pos, you?

empire2017:

I will like to talk to you.... which bank do you operate with because my own I'm still being charged...
Please your contact is need bro...

Valindazz:
Me too, i am still being charged. I use access bank pos, you?

FCMB....

Useless country! Almost 70% or more of her citizens are living below poverty line, yet they want to introduce tax. You can imagine, if masses can cry out over just 50 naira I mean common 50 naira then truly Nigeria is indeed a headquarter of poverty

ericsmith:
.


merchants are complying already ... since monday on my pos transactions i don't get charged.

Great then

I wonder whether the CBN governor was even thinking when they introduced this tax. People attain high degrees and yet they are unable to impact society positively. They use their exalted status purely for personal aggrandisement.

hisexcellency34:
The policy has caused lot of queues in banks because people prefer to withdraw and pay with cash Instead of POS

We talk am before. E beta to stand for queue than to dash FG hardearned 50 naira.

It was just plain stupid to introduce a levy on all POS payments above 1000; how many payments are ever below 1k? This policy somersault and indecisiveness is a major minus from doing business generally in the country; the FG and its agencies need to be more proactive and better informed before rolling out/enforcing certain policies. The worst part is that they either ever do sufficiently wide consultations or just deliberately refuse to listen to sound advise until the negative outcome warned about actually begins to happen then they undertake reactionary measures and still find a way to blame ordinary citizens and they never take responsibility.

Whois:
Good news. Local man wish all families and friendsr a Happy Thanksgiving holiday. Lots of love ❤❤

Which Thanksgiving holiday?

empire2017:
I just wished the going to refund " we merchant" our money....
Just wishing ooo
God help us all

Abi?
Nobody will talk about the one they've already carried?

SarkinYarki:
The way the duty affected POS numbers negatively in just one month ,it was just a matter of time before the govt beat a tactical retreat

You are very correct

Me I've already almost dumped my own ATM

empire2017:

I will like to talk to you.... which bank do you operate with because my own I'm still being charged...
Please your contact is need bro...

i don't run as a pos merchant, i am just a customers, am on access, zenith & gtb.
if you are merchant still xperiencing stamp charges just visit ur bank customer care .. best tin to do.

Slawormir:
Damnnnnn

See niggarz above me complaining
Nobody wants to pay anything in this country
We all want the government to keep working to better our lives without we contributing anything

We all want Nigeria to become London and Rome
Education in Nigeria is the cheapest because government keep on subsidizing it
Nobody wants to pay tax. Nobody wants to do anything for the government

They keep on subsidizing every part of our fuckkking life and still we keep on wailing

shut up Nigga and keep ya Damn mouth shut!!

The ones they have been collecting is enough to do whatever d fvck they wanna do but Check National Assembly Budget , the recurrent vs Capital .... Are monies being used for what they are earmarked for ..... Check presidency budget..... what was 2018 and 2019 budget performance...... visit each ministry did the budgetary release meet the performance.....

same goes for all States in Nigeria!!

Nigeria will pay more if they get value for what they are paying not some1 using their monies to build hotel here and there and carrying girls all over the world .... buying exotic cars and their children shutting down hotels and malls abroad!!

again, shut up Ok!!

hisexcellency34:
That Emefiele man knows nothing about managing economy...nothing. And now we are heading to another Recession

Emefiele knows.
Problem is Buhari and the cabal.
Few of the abokkis who have small banking experience are d ones making these policies and passing it to Emefiele thru Abba Kyari.
Emefiele himself has no option than play ball or they will sack him and jail him.

Thank God cos I started carrying cash

I stopped using POS immediately i discovered i had paid over 500 for a 10 times transaction via POS just for last month; so i decided to use cash now.
I now pay with cash and will continue till all the merchant obey this new policy.Why should I pay government extra tax when i am being tax from my salary and other goods and services everywhere with nothing to show for it.They will not eat my money via this channel.

mechanics:
You are absolutely right, don't mind those saying is a good development.

Similar fate await 7.5% VAT rate by 2020

edoairways:
Similar fate await 7.5% VAT rate by 2020

how, please explain?

mechanics:
how, please explain?

The government plans to increase VAT by 50% meaning there might slight increment in price of goods and services. The effect may result in demand which may invariably lead to slight unemployment