₦airaland Forum

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Olalekan Adetayo, Abuja

 Vice-President Yemi Osinbajo on Sunday lamented the negative impact of the COVID-19 pandemic on the nation’s economy, saying only a few Nigerians can now afford to pay taxes.

Osinbajo said this in a message he sent to the 11th Synod of the Church of Nigeria (Anglican Communion), Abuja Diocese, which started on Saturday at St James’ Church, Asokoro, Abuja.

His Senior Special Assistant on Media and Publicity, Laolu Akande, made a copy of the message available to journalists on Sunday.

The Vice President noted that with the pandemic, Nigeria’s economy faces its worst period in history.

He said, “Everything around us has been shaken and is being shaken by the greatest global threat to mankind in a century.

“We are in the midst of the greatest economic slump in history; every region of the world is experiencing an unprecedented slowdown in growth.

“There was a day in April when oil, our precious oil, was selling for less than the cost of production. No one was even willing to buy.

 “Suddenly, all we took for granted, from air travel to hugs and even handshakes, have become neither safe nor advisable.

“Our own economy faces its worst period in history. We are earning 40% less than we should because oil prices have fallen and few today can afford to pay taxes.”

Osinbajo said the lesson in the past few months was that human ingenuity and planning could not assure people that they would live to see the next day.

https://punchng.com/covid-19-affecting-nigerians-ability-to-pay-taxes-osinbajo/

Pay taxes for the Buhari govt to misappropriate without results

SarkinYarki:
Pay taxes for the Buhari govt to misappropriate without results

The cabals are really in charge

SarkinYarki:
Pay taxes for the Buhari govt to misappropriate without results

I believe the news is for working class that know what paying of tax entails.

It's grossly callous, insensitive & wicked of this govt to be obsessed with increasing tax returns when a global pandemic of Coronavirus kind have made life difficult for people.

WakeNbaked:
I believe the news is for working class that know what paying of tax entails.

Well I pay over 50 million in taxes annually and that is projected to increase to over 70m by next year once I launch another concern later in the year.. Some of us create wealth so a loud nobody like you can have work to feed your family ..Sit down and be humble

SarkinYarki:
Well I pay over 50 million in taxes annually and that is projected to increase to over 70m by next year once I launch another concern later in the year.. Some of us create wealth so a loud nobody like you can have work to feed your family ..Sit down and be humble

Businessmen making good profit don't bitch about taxes because they believe the government won't use it appropriately.

Why should I take you serious again?

Racoon:
It's grossly callous, insensitive & wicked of this govt to be obsessed with increasing tax returns when a global pandemic of Coronavirus kind have made life difficult for people.

This government is the most callous, people abroad are getting tax relief. Here every morning we are awaked with new regime

WakeNbaked:
Businessmen making good profit don't bitch about taxes because they believe the government won't use it appropriately.

Why should I take you serious again?

Where do you people get all these myths . The Buhari govt has achieved absolutely nothing and will never achieve anything ..Face it it been 6 years of total waste ..Guy trust me I am not lacking anything in this life at the moment except a Jet ( which will come once I can scale one of my concerns internationally).

You dont need to take me serious because it doesn't change the fact I contribute more financially to Nigeria than both you and your useless Buhari... I just got a certain license to run some business from the same FG and the license fee is more than what you might ever make in your life if you don't smart up #FACT

Guy just face your front because I have left that suffer man scene for almost 8 years now

Hmm so you can embezzle again
Fake pastor

Abouwaza:
Hmm so you can embeze again Fake pastor

He is not a fake Pastor

iwaeda:
He is not a fake Pastor

Hmm hmm
Tell me more
And I'm very sure this pastor is not in anyway giving you part of the yam so why are you trying to defend him gangan

SarkinYarki:
Where do you people get all these myths . The Buhari govt has achieved absolutely nothing and will never achieve anything ..Face it it been 6 years of total waste ..Guy trust me I am not lacking anything in this life at the moment except a Jet ( which will come once I can scale one of my concerns internationally).

You dont need to take me serious because it doesn't change the fact I contribute more financially to Nigeria than both you and your useless Buhari... I just got a certain license to run some business from the same FG and the license fee is more than what you might ever make in your life if you don't smart up #FACT

Guy just face your front because I have left that suffer man scene for almost 8 years now

This is dumb and doesn't deserve any logical reply.

Racoon:
It's grossly callous, insensitive & wicked of this govt to be obsessed with increasing tax returns when a global pandemic of Coronavirus kind have made life difficult for people.

Nothing has indicated an increment in tax. He is only pointing out the fact that the economy is so bad people can't make enough to pay taxes.

Abouwaza:
Hmm so you can embezzle again
Fake pastor

What has he ever embezzled? With facts, figures and proof please.

Shooyie:
Nothing has indicated an increment in tax. He is only pointing out the fact that the economy is so bad people can't make enough to pay taxes.

What FIRS, LASG and co doing is not increment

Due to the covid19 pandemic, the nation's revenue is down to 40% and the government nonetheless roll out some stimulus package in order to keep the Nigeria people moving.

Jollylolly:
Due to the covid19 pandemic, the nation's revenue is down to 40% and the government nonetheless roll out some stimulus package in order to keep the Nigeria people moving.

Like what are the stimuli?

Lala Hearing noise about Toke, covid19 is not affecting her business