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Lottery, Pools, Betting Operators In Lagos Must Have ₦20 Million Share Capital - Politics (4) - Nairaland

Nairaland ForumNairaland GeneralPoliticsLottery, Pools, Betting Operators In Lagos Must Have ₦20 Million Share Capital (27830 Views)

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Re: Lottery, Pools, Betting Operators In Lagos Must Have ₦20 Million Share Capital by PrudencyFeats: 10:18pm On Aug 14, 2020
babaolofin:
Those companies can relocate to those States with favourable tax policies. If Lagos were to be an Independent State, what is happening to Nigerians in South Africa, Ghana and Togo would have been happening here. Naturally, human beings and animals migrate to locations that are more favourable. If Lagos Tax policies are too mild, they can relocate to other States.
SURE! If previous government since from the 80's have given priority to at least 2 other littoral states with as much attention given to Abuja. Lagos state will not have its present population and there would have been more opportunities and more jobs for Nigerians than what is obtainable now.

The nations commercial and industrial development would have been diversified and greater than today.

Imagine Lagos state to compel all hailing riders to go through it driving school with its issued drivers permit (not free ooo). What happened to the FRSC who in the constitution have been vested the power to give permit/license to drivers?

I can recall when former Gov Babatunde Fashola wanted to implement that vehicle numbers without Lagos state reg no. plying within the state would pay taxes. But was advised to drop it.. Must Lagos govt over tax its residents?

Here is where the FG will have to come in, to address the issue of multiple taxation, undermining already federal laws to that effect.

Irrespective of political party governing the state, the federal government needs to stand its ground and call A Spade.... A. Spade.
Re: Lottery, Pools, Betting Operators In Lagos Must Have ₦20 Million Share Capital by Taiwojon(m): 10:18pm On Aug 14, 2020
Islie:
THE NATION
can you imagine. robbing the poor all in the name of I want to be rich through betting.


betting can never make one rich.
work hard
study hard
pray hard
and labour hard.



no food for lazy man.


betting is not the way
JESUS IS
Re: Lottery, Pools, Betting Operators In Lagos Must Have ₦20 Million Share Capital by Kissiemu(m): 10:19pm On Aug 14, 2020
RTSC:
Companies should leave Lagos.
Take your headquarters else where.

The govt in Lagos is running amok and the FG is no where to be seen.

Leave Lagos it's not worth it.
Easier said than done. Make dem leave Lagos go where? Kafanchan?
Re: Lottery, Pools, Betting Operators In Lagos Must Have ₦20 Million Share Capital by elisho: 10:41pm On Aug 14, 2020
is like house of Assembly member don lost for bet 9ja he want to ravage
Re: Lottery, Pools, Betting Operators In Lagos Must Have ₦20 Million Share Capital by elisho: 10:41pm On Aug 14, 2020
elisho:
is like house of Assembly member don lost for bet 9ja he want to ravage
Re: Lottery, Pools, Betting Operators In Lagos Must Have ₦20 Million Share Capital by gaskiyamagana: 10:43pm On Aug 14, 2020
Opexzy:
Another one again.

These companies does not make all their money in lagos state alone, there are bettors from other states, why must they be compelled to pay state licensing fee when a federal one is already in place.
What happens if every state collect 20 million naira licensing fee? They will be out of business in no time.
How usefulness are they to the Nigerians?
The owners, not even their workers, are getting richer and richer to the poverty and poverty of their customers.
Re: Lottery, Pools, Betting Operators In Lagos Must Have ₦20 Million Share Capital by wagazala: 10:45pm On Aug 14, 2020
tot:
If only you knew the number of people that have been made wretched and driven to suicide as a result of sports betting addiction.

Below is just 1 of several examples.
https://www.nairaland.com/6041974/betting-landed-me-into-n600k
You mentioned the issue - "Addiction". Addiction to anything is wrecking eg Alcohol, Porn, Gambling, eating, even Nairaland. So shoot the real issue, Addiction.

Don't call a dog a bad name just because you want to hang it.
Re: Lottery, Pools, Betting Operators In Lagos Must Have ₦20 Million Share Capital by tot(f): 10:48pm On Aug 14, 2020
wagazala:
You mentioned the issue - "Addiction". Addiction to anything is wrecking eg Alcohol, Porn, Gambling, eating, even Nairaland. So shoot the real issue, Addiction.
Indeed. How about addressing the issue by REMOVING the root? I bet you are one of the few benefitting from the misery of others.
Re: Lottery, Pools, Betting Operators In Lagos Must Have ₦20 Million Share Capital by Sagay212: 10:51pm On Aug 14, 2020
Nigerians pay all sorts of taxes and levies to state ,local and federal govt, yet they are so docile not to ask what their taxes are being used for. The useless big companies, banks, with professionals who claim to have all the certificates in the world will pay taxes and keep quiet. The useless cursed danfo drivers, market women, petty traders will pay all sorts of levies and won't ask questions or break the head of their LG chairmen. The same evil politicians will come around and everybody go dey hail dem.
The youths forming woke up and down will have a certain amount deducted from their salaries every month to pay tax but they will keep quiet and chasing after irrelevant nonsense.
Re: Lottery, Pools, Betting Operators In Lagos Must Have ₦20 Million Share Capital by Maduawuchukwu(m): 10:51pm On Aug 14, 2020
This law is dead on arrival. The regulation of Companies and issues relating to them is a federal matters states cannot make laws prescribing their share Capital.
Re: Lottery, Pools, Betting Operators In Lagos Must Have ₦20 Million Share Capital by damosade(m): 11:02pm On Aug 14, 2020
Unemployment looming.
Re: Lottery, Pools, Betting Operators In Lagos Must Have ₦20 Million Share Capital by RTSC: 11:09pm On Aug 14, 2020
MikeMicheal:
You sound very dumb.
Just like saying because cocaine takers aren't forced, the cocaine sellers should be allowed to continue wrecking their lifes.
The fact that you are dumb enough to compare cocaine with the betting industry shows how retarded you are.
Re: Lottery, Pools, Betting Operators In Lagos Must Have ₦20 Million Share Capital by wagazala: 11:20pm On Aug 14, 2020
tot:
Indeed. How about addressing the issue by REMOVING the root? I bet you are one of the few benefitting from the misery of others.
Then you'll need to remove the ROOT of every form of addiction. Not just Betting.

Besides what misery do you talk about? Have they been held against their will? If I decide to blow all my money on church, would it be a problem to you?
Re: Lottery, Pools, Betting Operators In Lagos Must Have ₦20 Million Share Capital by wagazala: 11:22pm On Aug 14, 2020
gaskiyamagana:
How usefulness are they to the Nigerians?
The owners, not even their workers, are getting richer and richer to the poverty and poverty of their customers.
The owners of banks, churches, hotels, Nairaland etc are getting poorer right?
Re: Lottery, Pools, Betting Operators In Lagos Must Have ₦20 Million Share Capital by MikeMicheal(m): 11:24pm On Aug 14, 2020
RTSC:
The fact that you are dumb enough to compare cocaine with the betting industry shows how retarded you are.
The fact that you dont know that betting and cocaine are both very addictive shows your brain is dead.
Re: Lottery, Pools, Betting Operators In Lagos Must Have ₦20 Million Share Capital by RTSC: 11:27pm On Aug 14, 2020
MikeMicheal:
The fact that you dont know that betting and cocaine are both very addictive shows your brain is dead.
Gaming is addictive.
So they should ban Gaming too.?

You no get sense from your mama belle.
Re: Lottery, Pools, Betting Operators In Lagos Must Have ₦20 Million Share Capital by MikeMicheal(m): 11:32pm On Aug 14, 2020
RTSC:
Gaming is addictive.
So they should ban Gaming too.?

You no get sense from your mama belle.
Even a dead goat knows that gambling and cocaine wrecks life, compared to video games.

At this point even a brain transplant cant solve your brainlessness.
Re: Lottery, Pools, Betting Operators In Lagos Must Have ₦20 Million Share Capital by RTSC: 11:55pm On Aug 14, 2020
MikeMicheal:
Even a dead goat knows that gambling and cocaine wrecks life, compared to video games.

At this point even a brain transplant cant solve your brainlessness.
Christ, you are dumb.

Giving you more attention seems to give you a kind of orgasmic feeling.
Re: Lottery, Pools, Betting Operators In Lagos Must Have ₦20 Million Share Capital by Nobody: 11:55pm On Aug 14, 2020
babaolofin:
Those companies can relocate to those States with favourable tax policies. If Lagos were to be an Independent State, what is happening to Nigerians in South Africa, Ghana and Togo would have been happening here. Naturally, human beings and animals migrate to locations that are more favourable. If Lagos Tax policies are too mild, they can relocate to other States.
How are these multiple taxation judiciously utilise to the betterment of the people?There are various cases of corruption allegations against some Lagos state politicians.And before you know it tinubu will call for a meeting and kill the matter.Even the press are now being threatened.
Re: Lottery, Pools, Betting Operators In Lagos Must Have ₦20 Million Share Capital by MikeMicheal(m): 12:04am On Aug 15, 2020
RTSC:
Christ, you are dumb.

Giving you more attention seems to give you a kind of orgasmic feeling.
As expected, no more reasonable point to give.
What a very brainless son of an imbecille!

Anyway, you can now go forth and die.
I am done talking to an empty skull.
Re: Lottery, Pools, Betting Operators In Lagos Must Have ₦20 Million Share Capital by Correcto: 12:38am On Aug 15, 2020
This is trash!!!!
Islie:
THE NATION
Re: Lottery, Pools, Betting Operators In Lagos Must Have ₦20 Million Share Capital by armadeo(m): 12:59am On Aug 15, 2020
You got to know when to hold 'em,
Know when to fold 'em,
Know when to walk away,
And know when to run.
You never count your money
When you're sittin' at the table.
There'll be time enough for countin'
When the dealing's done.






P.s there are talking about capital base and not taxes. They are actually protecting you who gambles from being scammed if you ever get lucky.
Re: Lottery, Pools, Betting Operators In Lagos Must Have ₦20 Million Share Capital by tot(f): 6:02am On Aug 15, 2020
wagazala:
Then you'll need to remove the ROOT of every form of addiction. Not just Betting.

Besides what misery do you talk about? Have they been held against their will? If I decide to blow all my money on church, would it be a problem to you?
Smh. Mr betting operator, accept it or not, you add ZERO value to the society. Bunch of nuisances.
Re: Lottery, Pools, Betting Operators In Lagos Must Have ₦20 Million Share Capital by LegitDeals247: 6:03am On Aug 15, 2020
armadeo:
You got to know when to hold 'em,
Know when to fold 'em,
Know when to walk away,
And know when to run.
You never count your money
When you're sittin' at the table.
There'll be time enough for countin'
When the dealing's done.






P.s there are talking about capital base and not taxes. They are actually protecting you who gambles from being scammed if you ever get lucky.
Na only u don talk better thing
Re: Lottery, Pools, Betting Operators In Lagos Must Have ₦20 Million Share Capital by wagazala: 6:24am On Aug 15, 2020
tot:
Smh. Mr betting operator, accept it or not, you add ZERO value to the society. Bunch of nuisances.
You don turn am to fight. Can't have a logical conversation? No vex. Wallow on in your hypocrisy I won't engage you any further.
Re: Lottery, Pools, Betting Operators In Lagos Must Have ₦20 Million Share Capital by tot(f): 6:30am On Aug 15, 2020
[s]
wagazala:
You don turn am to fight. Can't have a logical conversation? No vex. Wallow on in your hypocrisy I won't engage you any further.
[/s]
Re: Lottery, Pools, Betting Operators In Lagos Must Have ₦20 Million Share Capital by Akanniqudusbaba: 7:16am On Aug 15, 2020
https:///Bu1Qmvi1TJV6anxOaWhjTj Join this WhatsApp gambling recovery group so that we could share our stories behind gambling Addiction
Re: Lottery, Pools, Betting Operators In Lagos Must Have ₦20 Million Share Capital by HyAccent: 8:01am On Aug 15, 2020
Guys the money is not a tax. It won't end up in Tinubu or the government's pocket.
It means that's the least they should have before they can operate in Lagos.

Though I see no logical reason behind the capitalization ish.
Re: Lottery, Pools, Betting Operators In Lagos Must Have ₦20 Million Share Capital by Powersurge: 8:10am On Aug 15, 2020
Opexzy:
Another one again.

These companies does not make all their money in lagos state alone, there are bettors from other states, why must they be compelled to pay state licensing fee when a federal one is already in place.
What happens if every state collect 20 million naira licensing fee? They will be out of business in no time.
There is no state or other agency that controls betting in Nigeria apart from Lagos State Lottery Board. Some state dey even dey ban lottery while Lagos dey cash out in billions.
Re: Lottery, Pools, Betting Operators In Lagos Must Have ₦20 Million Share Capital by Dshocker(m): 10:46am On Aug 15, 2020
Opexzy:
Another one again.

These companies does not make all their money in lagos state alone, there are bettors from other states, why must they be compelled to pay state licensing fee when a federal one is already in place.
What happens if every state collect 20 million naira licensing fee? They will be out of business in no time.
They can never be out of business,they can make the money in a day
Re: Lottery, Pools, Betting Operators In Lagos Must Have ₦20 Million Share Capital by fineboynl(m): 11:00am On Aug 15, 2020
another way of telling the bookies to come and settle.
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