₦airaland Forum

One day dem go start to dey tax whatsapp TVs...mad country

lexy2014:
Which revenue? Will d revenue enter ur pocket?

I'm referring to them being creative, instead of taxing citizens to death

okay

Minjim:
Let's be honest, I think the on line digital entertainment platforms are the one making a lot of money during this pandemic.
The amount I have been spending on data during this pandemic I have not spend it b4 because I now have more free time.
Amazon was able to explore it.

Bro Netflix don't have anything to do with data is telecommunications companies that drained ur data why u paid for subscription in order to watch Netflix

Lexusgs430:
Suspension leading to dismal or just window dressing.............

Window dressing most likely since there is a boss of a boss. Except when the boss of the boss is not in cc and considering the happenings (court+covid: cosquare) with nothing on the table then the liability is excused for a better trained student.

Let's keep fingers crossed and see what happens when the dust of this hullabaloo is settled who our oga will settle for.

To other state matters now.

There are several businesses you can start and run profitably in Nigeria. Below are four that readily comes to mind:

1. Rice Milling: One of the best businesses one can venture into in Nigeria today is parboiled rice production (Rice Milling).

Nigerians currently consume over 5 million metric tons, which is equivalent to over 100 million 50Kg bags of rice annually. With the current population growth rate of Nigeria, the consumption of rice is estimated to reach about 35 million metric tons (700 million 50Kg bags) by the year 2050.

There is high demand for rice in Nigeria. With a population of over 180 million people and an estimated national population growth rate of 5.7% per annum ,an average economic growth rate of 3.5% per annum in the past five {5} years, Nigeria has a large and growing market for rice.

As it stands, the current producers of good quality rice in the country cannot even meet up to 50% of the current demand. This is the reason why the market is flooded with poorly produced and low quality rice.

New entrants into the rice milling industry that can produce good quality parboiled rice will have an evergreen market waiting to be sold to.

2. Drinking Water Production: Another good business that does very well in Nigeria is drinking water production (Bottled water and Sachet Water).


The growth of the middle class in Africa in general, and Nigeria to be specific, has led to a need for hygienically produced and well packaged food products like bottled water.

The market for packaged water is high and cut across all parts of the country. With a population of over one hundred and eighty million (180,000,000) people, and an estimated national population growth is 5.7% per annum, Nigeria has a large and sustainable market for packaged water.

3. Poultry Farming: Poultry farming is yet another business that gives good returns on investment.


Poultry farming has risen to become one of the most lucrative businesses in Nigeria today. This aspect of livestock farming, if set-up and managed properly, provides legitimate continuous income for entrepreneurs within a short period of time. There are over 160 million consumers in Nigeria and over one billion in Africa. This provides a large, growing and sustainable market for poultry farmers in Nigeria, and Africa in general.

4. Pounded Yam Flour Production: Pounded yam flour is another product that you can chose the invest in its production.


Pounded yam is a popular delicacy produced from boiled yam tubers, and is consumed by many people across Africa. However, a lot of people, especially the middle class find it difficult to prepare pounded yam the traditional way which involves boiling yam, pounding it in a mortar using a piston, until it becomes a succulent dough.

The growth of the middle class in Africa in general, and Nigeria to be specific, has led to a need for hygienically processed, easy to prepare and well packaged food products like yam flour.

You can read more about these businesses via the links below:

1. Rice Milling Business In Nigeria

2. Bottled Water Production In Nigeria

3. Starting A Poultry Farming Business In Nigeria

4. Pounded Yam flour production in nigeria


Wishing you all the best in your quest.

Agbebakun22:
Bro Netflix don't have anything to do with data is telecommunications companies that drained ur data why u paid for subscription in order to watch Netflix

You don't get my point. Apart from data,
People watch Netflix more during the pandemic than before the pandemic.
I think it's only logical that govt negotiate a temporary increase in tax that will not affect the consumer for them.
https://www.google.com/amp/s/www.latimes.com/entertainment-arts/business/story/2020-04-21/netflix-usage-profits-surge-during-coronavirus-crisis%3f_amp=true

Powerexpert:
Window dressing most likely since there is a boss of a boss. Except when the boss of the boss is not in cc and considering the happenings (court+covid: cosquare) with nothing on the table then the liability is excused for a better trained student.

Let's keep fingers crossed and see what happens when the dust of this hullabaloo is settled who our oga will settle for.

To other state matters now.

Do you mean Jagaban...............

Incompetence

ReubenE:
I feel for him. Not a good time to lose a job.

So Bamidele made a daring move of imposing 5% on digital platforms without carrying the state government along? It is hard to believe...
This suspension may just be done to save face from the backlash.

However, it is a sign of accountability. When we complain, our leaders should be able to listen and act accordingly.

Nice one Sanwoolu

You believe he made such a move without carrying the Governor and Tinubu along ? Well he can neglect the Governor but Tinub must be carried along

Gibsonho:
Praying for Nigeria to get better is like praying for a pregnant goat to give birth to a calm goat
imagine paying 5% for digital platforms.

Every thing about Lagos is %. I also heard Mogaji Oko Oku charge people exhorbitant price just to bury their dead in Oworonshoki and Oshodi cemetery.

shankara7:
He was just used as a Sacrificial lamb.. There is no way he would impose such levy without the knowledge of the governor.

I pity anyone that believes such lies ...In Lagos before any levy is imposed Tinubu and the governor must 100 percent aware

Takin abrupt action without approval of d oval office is tantamount to usurping authority It is just lik insurrection,then the govr shows he is stil in charge.

Lexusgs430:
Do you mean Jagaban...............

na only teeth I show o!!!!!

ReubenE:
I feel for him. Not a good time to lose a job.

So Bamidele made a daring move of imposing 5% on digital platforms without carrying the state government along? It is hard to believe...
This suspension may just be done to save face from the backlash.

However, it is a sign of accountability. When we complain, our leaders should be able to listen and act accordingly.

Nice one Sanwoolu

The best time to fix a problem is now.

Minjim:
You don't get my point. Apart from data,
People watch Netflix more during the pandemic than before the pandemic.
I think it's only logical that govt negotiate a temporary increase in tax that will not affect the consumer for them.
https://www.google.com/amp/s/www.latimes.com/entertainment-arts/business/story/2020-04-21/netflix-usage-profits-surge-during-coronavirus-crisis%3f_amp=true

Yea that's true but they should make it affordable for the content consumers

ReubenE:
I feel for him. Not a good time to lose a job.

So Bamidele made a daring move of imposing 5% on digital platforms without carrying the state government along? It is hard to believe...
This suspension may just be done to save face from the backlash.

However, it is a sign of accountability. When we complain, our leaders should be able to listen and act accordingly.

Nice one Sanwoolu

Did Sanwoolu listened when BRT service was increased by his government?

Damage control.

oluwaahmed:
Una neva even see anything. Wait till Tinubu or osinbajo becomes president, they will tax and levy everything on the common man.

TINUBU and OSINBAJE ARE THIEVES

post=93585843:
Good governance.

Another ACTION GOVERNOR in the making.

God bless Sanwo-olu.

God bless Lagos State.

God bless Nigeria.

To a new and better country we go.

SHUT UP THERE!!!
omoshare, wewi ekpa nah!!!

Minjim:
Let's be honest, I think the on line digital entertainment platforms are the one making a lot of money during this pandemic.
The amount I have been spending on data during this pandemic I have not spend it b4 because I now have more free time.
Amazon was able to explore it.

Don't be dull.

The digital entertainment platforms don't get any money from your data.

Minjim:
You don't get my point. Apart from data,
People watch Netflix more during the pandemic than before the pandemic.
I think it's only logical that govt negotiate a temporary increase in tax that will not affect the consumer for them.
https://www.google.com/amp/s/www.latimes.com/entertainment-arts/business/story/2020-04-21/netflix-usage-profits-surge-during-coronavirus-crisis%3f_amp=true

There is no temporary increase in tax that would not affect consumers.

All taxes are ultimately paid by consumers.

einsteine:
I am dull.

The digital entertainment platforms don't get any money from your data.

Certified one .

I don't think you know Jack about Netflix.

einsteine:
There is no temporary increase in tax that would not affect consumers.

All taxes are ultimately paid by consumers.

But the issue is these ppl are not paying any tax at all in Nig.

However, where they come from the States are imposing tax on them.

https://www.google.com/amp/s/www.cnbc.com/amp/2020/02/24/states-are-imposing-a-netflix-and-spotify-tax-to-raise-money.html


Nig FG is just working at making them pay taxes. They are making money here but not contributing anything.

https://www.globalvatcompliance.com/nigerian-federal-government-plans-to-tax-netflix-facebook-and-others/#:~:text=Some%20of%20these%20service%20providers,the%20Federal%20Inland%20Revenue%20Service.