₦airaland Forum

ZombieTAMER:
While the country is about imploding

The so called president is in Europe wasting tax payers money

My annouyance is that my tax is part of what he is wasting!

Make una dey play. Make una continue to allow politicians use una heads, then pray for god to give u break through. If u have a working system, u dont need prayer for break through.

After final whistle, everywhere first Blur for Ivory Coast
Egypt, they know how to play tournament wella

Druss:
I stopped answering because I sensed the account might be trolling. When someone asks where Oyedele mentioned that high earning people will pay more tax, I know something is off. He or she is working off a set of assumptions.

Obviously he works for politicians. It is a shame

EKONGKING:
This is bad.

Nigeria is going nowhere ,with this kind of attitude.

While they are excepted, they actually paid tax somehow. This is what people dont understand. Take for example, as a small business, u wont pay company income tax until u are grossing over 50m, right? But if u pay ur self, u will pay high tax of up to 25 percent.
If u decide to spend company money, u get into trouble.
Some of the items u buy are taxed heavily too so u are affected indirectly, so u have to increase ur own price to meet up.
Take for instance, u buy an item 20k before, but that item is sold for 25k but ur own business doesnt come with VAT, right? But u have an item u use in ur home that has increased price to 25k, ur business is the source of ur income. What will u do? u will also increase ur own business price in order to give u more money to meet ur needs which include the increased to 25k item u used to buy.
Tax increases the price of items.
Let me also explain for u. I was in a hotel this xmas, as at 2024 xmas, the room I booked was 104k. Now, this xmas, the room is now 130k. What do u think I wil do even if my business is excepted from VAT or company income tax? I will increase the prices of my services to enable me meet the standard of life I lived in 2024. I think this is one reality Nigerians have not accepted.
If dollar is high and my busienss does not depend on dollar directly, but I also buy services and products that depend on dollar, I will also increase my own business price so that I can purchase those items I use that depend on dollar.

Image123:
Friend, find a way to move to the country that gave you all since Nigeria is of no benefit to you, otherwise cooperate with its laws. Instigating people against reforms pulls the country down. Riots and insurrection don't solve problems.

What solves problem is for politicians to stop looting, u hear? Not someone calling out the Bleep up by the same politicians. I dont understand u.

Image123:
Questioning and even lobbying is different from burning down or pulling down your country. Comments like yours don't help anyone. Like i said earlier, over 95% of what you complain of have been and continue to be before the tax reforms. Abuse of a system cannot stop me asking for or seeing improvements. Up to you what you see, and up to me what i see.

I am not the one who is pulling country down. Why cant u all get it? Those pulling Nigeria down are those criminals as politicians. Why do humans behave like zombies? Like why do some of u make excuses for politicians. I gave u reasons why what I mentioned is annoying now.
What Am I paying 25 percent of income I sourced abroad for when I cant get public quality healthcare? No electricity, no good roads, no quality education, no water? So, what is my income tax used for? There is an idea behind world wide income tax. It is on the premise that govt is reasonable enough to provide u with adequate social amenities so u support them with tax while they mine ur resources and use ur tax to support the system. In this case, I benefit nothing and u want to take the money.
I applied for police, immigration, CBN, prison service, civil service, road safety, etc. They all failed me and gave jobs to political affiliates. They give jobs based on political connection.
Now, I didnt die, I worked so hard, another society paid me by exposing me to people who found me worthy and hired to work with me, and u want to take 25 percent of it while not providing me with any social benefit. That is wickendness and stealing. I am not the one pulling the country down. Calling out the system for being corrupt doesnt mean I am pulling the country down. It is one who is doing the corruption that is pulling the country down.

Image123:
It's as funny as it gets. Friend, if you live in a country, you are subject to the laws of the country. Otherwise, you could move to where you think is better. As long as you choose to live in a country, you are bound by the laws of the country including its tax laws. It's not an argument for nl or social media. Find out if you are a tax resident or not, and perhaps you are lucky to qualify for some existing double taxation agreement that may exempt you. My little advice.

What u said is true, the argument is if the law is jutfiable or not. What we swallow in Nigeria is complete mess. We simply fund the lives of politicians while they give us nothing in return. I just watched a video of a senior doctor lamenting that Nigerian doctors cant rent decent apartment. I mean those in Lagos, imagine those in other states. A critical sector like health, govt has abandoned it and wants me to pay tax while they use the money to embrace foreign trip. Laws are made by humans and for humans and laws cant be questioned. In Nigeria, we breed criminals in the name of democracy.
I just watched another video where a pratising doctor in lagos was lamenting how they watch people die in hospitals becus of no money. She almost cried and listed the incidents she faced within just 3 days. It is crazy. These politicians are cheating us badly and comments like yours enable them.
Why should I be funding the live styles of politicians? They have total control of our god given resources, we no talk. They have control of our income, we no talk, now they are coming deeper into our pockets. Questioning things is normal. That is what made countries work. I know what i suffered to learn what i know today, due to no electricity, i had to use a nearby betting shop that usually On generator. I would stand against the wall and place my laptop on my lap to learn what I was learning. If Nigeria had electricity, it would have been easier.
These pot bellied men keep destroying us. F#ck it.

Morocco has shown great stadium and city views. Weldone to an African country, I am proud of u guys. The pitch has been fantastic, no wonder players slide to celebrate

Omo, the city views of these stadium is so beautiful. Weldone Morocco, una too develop shaa

Image123:
Lolz, so your line of argument is that the government doesn't deserve your tax because you don't earn your money in Nigeria.

Yes! A lot of u keeo forgeting that income tax is not the only tax. We have VAT. If I should u how much govt made from me via VAT alone, u go scream. What about various bank charges that go to govt?
Now, the idea behind world wide income tax is because those who reside in the country have access to use quality govt funded pry, secondary, universities, healthcare, electricity, water, good roads, security, emergency services, etc. But since I earn outside Nigeria and none of these stuff I listed exist, why is govt eyeing up to 25 percent of that income, exlcuding the usal VAT, bank charges, import duties, etc? That is criminality. Let me give u an example:
Let say before a foreign source income earner, i made 20m last year and I spent around 2m plus on fueling generator, electriicty bill and maintainance of generator for my family home because as a human, we deserve 24/7 electricity, we deserve to sleep with our AC on, etc. So, to give my family quality electricity, I spent more on our home gen. We dont deserve to sleep under heat. I spent this beacuse govt has failed in providing us with stable electricity. Now, i didnt pay income tax, right ? Last year, so this year, I made same 20m yearly, govt takes about 4m from me as income tax. This reduces my purhcasing power to 16m. Now, from that 16m i will still have to sort out 2m plus on electricity. Now, if govt had taken the 4m plus as tax and has fixed electricity, then I will have more purchasing power and quality of life, I will not need to spend 2m plus on fueling generator, I will not buy bottle water to take clean water, I will not fix my car often because of bad roads. When I want to resel my car, I can resel at a good rate because the roads have not made it look old. The list goes on. So, what exactly Am I paying the income tax for? For the money to be used to provide politicians retirement packages?
Tinubu has budgeted another 7b for solar installation in Aso Rock which will be funded by tax payers. So, who takes of my own electricity? Dont I deserve 24/7 electricity? Dont forget, tax payers and our resources are used to provide electricity for him at home, health care taken care of by the country, his food taken care of by the country. We work and make money to take care of politicians. I dont understand. We dont deserve good life too?

Image123:
95% of what you have said is not new. We've been experiencing the same scenario for years, it's not due to the new tax reform. What i am asking is a comparison of the old and the new, and how the new is so oppressive when compared to the old tax model.

Let me explain, in the previous tax, only income sourced within Nigeria was taxable. So, freelancers, remote workers, content creators, etc who worked remotely and made income from other societies didnt pay income tax but paid other taxes. This new tax forced us to pay. And the idea behind world wide income like in a place like UK falls on the idea that u use govt funded facilities heavily while staying in the UK and working and earning else where. But that is not the case with us here. Those who sourced for income abroad practically dont enjoy anything free from govt.
I know how much it cost me to give my family bottle water each month, if I had govt treated water, that will save me such cost. There are many other examples.
Rent relief of ridiculous peg at 500k is useless for high income earners becus high income earners dont live in house of 2m per year. Put it at 20 percent or 30 percent and leave it. Doesnt matter how much it is. Leave foriegn sourced income until u have a viable society with good roads, hospitals, water, etc so that those who dont make money from Nigeria can use those facilities to justify their income tax. As it stands the current tax is oppressive and wicked. And mind u, other taxes exis and mind u, those have been stollen before and will still be stollen now.

The govt should be ready as people will also budget ridiculous expenses out of their company money to avoid tax. Make una be ready because I will budget 10m for biscuit to help staff.

Image123:
Kindly explain how the tax is oppressive for high income earners?

Take for instance, I decide to birth one child in order to consolidate my income, then another person decides to birth 8 kids without proper income, then I'm taxed heavily because of that person.
That is madness. If I'm a high income earner, I maybe living in an apartment of 10m yearly or more, so 500k is insignificant to my rent relief at all. While 500k may mean a lot for low income earner.
So U need to balance it and ensure those who create jobs actually have reason to create job especially in such a country like Nigeria with brutal environments..
I started two businesses in 2024, a restaurant and a tech training center. One thing that made me to close them all was electricity. I was running fuel generator for restaurant daily, same for tech training center, then for my home. Gush, the fuel was too much. I considered solar, the amount to get solar that can power tech training center was too much, same for restaurant. Omo, I closed them.
So, U see, encourage people to create job.
For me, I would say Nigeria doesn't need this type of tax at all. Nigeria needs job. Find ways to create the environment for people to create jobs which increases their purchasing power, then increase VAT to 10 percent.
Nigeria is extremely tough.
Take for instance, there are guys making mad money via content creation, arbitrary blogging. Instead of imposing heavy tax on them since most of the tax generated will be wasted by govt officers for sure. Why not tax them extremely less, but partner with them and send NYSC members to them to be trained so they can replicate same.
If U have 100 nigeians earning 100k dollars monthly,.U have increased purchasing power and U can generate revenue from VAt because they will spend on luxury and pleasure.
The sad thing is that Nigeria thinks that they can copy European model. What worked for Europe can't work for Africa.
I will give U another example. Africans, Nigerians in particular are very communal in nature.
A person who earns 20m yearly is not actually a high income earner. The person will pay about 4m to govt as income tax,, right? But the person surely will have a lot of dependencies such as parents, siblings, friends, etc who constantly need support due to the reality of our country. Europeans aren't communal that is why their parents are kept in elderly homes.
If U earn 20m yearly and govt takes 4m from u as tax and U still will attend to Ur aging parents since no singular support from govt on that, U will battle with electricity issues, U have to deal with bad roads, U need to deal with private hospitals since public are in terrible shape, U also need to deal with private schools since public ones are terrible. By the time U are done with these expenses, U are already completely broke. Tax luxury and remove income tax.
It is madness that I will go to a mall, buy stuff, pay VAT on it, then, still pay stamp duty when I transfer their money to the money from an income that has been taxed already as income tax. Guy, mad ooooo

Image123:
That's not tax but some unnecessary stamp duty that has always existed.

It is still tax, tax is not online income tax, Nigerians already pay a lot of tax to govt for decades.

One, they will reloot these ones again
And secondly, this one small, if only u guys know how much ur politicians have finished this country, u wont agree to their useless tax. Nigeria doesnt need UK tax system because we have more than enough, what we lack is political will to fix corruption and electoral system.

Kemetian:
ACCORDING TO AI ChatGPT, PriceWaterhouseCoopers has often made mistakes and is UNRELIABLE for economic forecasts.


ACCORDING TO AI:


''....there have been public controversies or outcomes tied to PwC’s work:

📌 a. Audit and Assurance Controversies

PwC has faced fines and regulatory findings for audit shortfalls (e.g., inadequate audit work in some jurisdictions).

In Nigeria, controversial cases exist around forensic audits where PwC acknowledged limitations (e.g., limited access to data), leading observers to question the conclusions.''

✅ Yes, PwC forecasts have been questioned and sometimes proven inaccurate, especially long-term economic projections — but this is true of virtually all economic forecasters.

✅ PwC generally states its projections are based on models with assumptions, not guaranteed outcomes.

✅ Short-term forecasts may also miss actual outcomes due to unpredictable events.



Nigeria is unusually policy-sensitive

Nigeria’s economy can change direction very quickly due to policy shifts.

PwC could be wrong if, for example:

Fuel subsidy savings are actually redirected efficiently

FX reforms stabilize faster than expected

Local production substitutes imports more rapidly

Social intervention programmes scale properly

State governments outperform federal expectations

Nigeria is not a slow-moving OECD economy. It’s high-volatility, which makes short-term poverty forecasts especially fragile.


Nigeria’s informal economy distorts forecasts

Over 60% of Nigeria’s economy is informal.

Most models:

Handle formal wages well

Handle informal resilience badly

Historically, Nigerians:

Adjust consumption rapidly

Shift jobs and income streams

Create informal buffers during downturns

PwC models often underestimate adaptive behavior, which can blunt poverty outcomes relative to predictions.


Media headlines amplify the most pessimistic scenario

Guardian Nigeria (and most media) will highlight:

“PwC forecasts worsening poverty”

But PwC reports usually include:

Base case

Downside case

Upside case

The downside case is what becomes news.

So PwC might actually be saying:

“There is a significant risk of worsening poverty unless X, Y, Z happen.”

That nuance is lost in headlines.


Conclusion:

PwC’s forecast can be wrong because it is based on assumptions about policy continuity, inflation, and structural constraints — and Nigeria routinely violates those assumptions, sometimes for the better.

PwC models Nigeria as a system that behaves predictably. Nigeria rarely does.

-AI

......................

Translation for OP. ''Go get a job and stop constituting nuisance to society''.

look at this one, poverty in Nigeria is even under reported. Baba, even those earning 10m per year are poor in today's nigeria. To rent a good two bed apartment in most state capitals now is from 2m and above. So, ur 10m per year is rubbish in today's economy as u will spend all on paying bills.
I make 30m plus yearly and I struggle sef.

Morocco has good healthcare system.
If he was in Nigeria, he would have died. Emmergency here is dead. Yet, they want to milk us dry after milking dry our natural resources.

ManWater:
Which kind AFCON be this.
No single upset. Looks scripted.

I was saying the other day that the big teams no gree for underdogs this year at all. Underdogs truly lived by their names. But the standard of finishing in this AFCON is supber, omo, the goals dey burst brain

helinues:
What sort of a clown clout chaser be this.so the ranting is about less than N100?

I haven't sent out this year but just deliberately did to confirm. N77 charges on transaction which is still fair

Are u normal? Fair for what?
They take a lot of tax from us and claim we dont pay tax. WTF is that?
Then in return, we still provide electricity, fix road, pay private security, use wacky healthcare, send kids to private schools due to useless govt schools and they still come back and claim we dont pay tax. So, all these money made in one day alone goes to funding the life style of politciians and u say it is fair? If i show the road I drive daily, many times I have paid people to patch it. F#ck this country

Mrchippychappy:
He is desperately trying to turn Nigeria into a one party state. The worse president in the history of Nigeria. Very evil and corrupt. People are being slaughtered all over the country and he is afraid of taking a hard stance against terrorism because he doesn't want to loose the vote of the terrorist sympathisers in the North.

Meanwhile he's followers say there's nothing wrong because according to them, his wife is a pastor. And these people are supposed to be the most educated in the country

Some of u dont understand o. This is French card in africa. They turn the country into one party system with very weak opposition and the president can rule for life. It has happened for decades here with French backed presidents. I see same happening o. And Tinubu can have his way because of these politicians are corrupt, so, they tell u, join us and work for us else we will use EFCC and disgrace u. It has always worked.

helinues:
Just explain to us how sad you have been reading this development news.

We have moved on pass to be dwelling on sad and bitter news. As if some of you have vowed to something not to ever read development news from Nigeria again

Ahead ahead Nigeria

AHead ahdead where? Stats that have no true reflection in Nigeria. Hospitals are on strike sef. medical centers ahev not changed, they are still wacky. Make una dey play, Nigerians dey street dey suffer

Seefinish:
Venezuelans anywhere in the world are happy with what Trump has done

Some of u are crazy shaa. What this means is that any president can be captured o. Hope u would be happy if they one day capture Nigerian president since many Nigerians arent happy with how politicians run Nigeria.

Mrexcell:
Not possible because almost half of the so called south south are actually igbos.

nairaland is actually a very u#eless platform made of people I cant define their level of intelligence. If u read what some few humans write here, u will think south south has no single Igbo in it. They always forget that these are political regions. There are so many Igbos in south south and they proudly identify with it. Like millions. They are proud of their identity. A lot of the people who write these rubbish here are actually yorubas.
Dont mind them, first they dont travel, so they are very myopic. Even northerners travel better than them.
If u read their comments here, u will think igbos in south east and igbos in south south dont relate at all. Lol, i have a lot of people in south south, infact, my woman is from Delta state. Lol, I just laugh when i see comments here. It makes me laugh so hard.

zoedew:
Blind and misguided folks being used by the rich who are bent on maintaining the status quo. It will fail and they will be put to shame.

I am not rich, I am against the law because govt will tax me 9m plus yearly and I am not close to being rich. I struggle with the crazy bills in Nigeria and crazy dependencies due to wacky system.
We want tax but not crazy 20 percent plus. U are taxing me like the UK, do u provide services like the UK? Do we have high minimum wage like the UK? I have spent over 100k on fuel and generator at my family house in one month, will govt allow me to deduct that ?
So, if I made 20m last year from foriegn sourced income, and I spent 3m plus to buy fuel and repair generator and pay electricity bill. That means I have 17m lest for other things.
If Tinubu and his men takes about 4m of that money as tax this year, it means they reduced my purchasing power to 16m. Now, i will still spend 3m plus on home generator aside business generator. If they had taken the 4m plus as tax and i dont have to spend 3m plus on fueling generator, and ko, I will gladly pay.
I have not mentioned the cost of private schools since public schools are useless and under funded. We resist this madness. Nigeria is not ripe for such uselsss tax.
Govt should fix leakages, corruption, stop awarding projects to croonies, stop paddling budget, run tech driven reform to improve financial transperancy where any competent person can win public project and execute it. The govt should utilize our empty lands for massive agricutlture, a lot can be made from farming galric and ginger alone.
The govt can make a lot from sport. We waste money caring for the retirement packages of ex governors, senators, house of rep memebers, presidents, generals, AIG, IG, etc. We are paying tax to fund their lives. God forbid. I resist it!

Oga, be ready for whatever comes, I can promise u that!
The level of hardship will be upresented, be ready!
I can assure u one thing, if my family is ever robbed, to god who made me, I must ensure there is serious problem that will affect whoever is in charge.
U cant mess up the country and leave us like that. If ur hardship induced system create serious crime rate where people gets robebd in their homes, una go arrest tire. This country suffered me so much and now wants my 25 percent. Make una dey play. After taking my 25 percent, u will still tax any item I bought. Make una dey play.

Good2go1:
All these data boys above trying to justify their failure of their paymaster

Like they are so shameless. Very useless sset of creature. I can't believe an adult will choose this path

Putindbutt:
Meanwhile, "the finishing specialist" has quickly come out to embarrass himself, his mouth is way faster than his brain. One wonders if the minister was the cause of the vandalism. When the pipeline caught fire, FG informed Nigerians on the development, they immediately curbed the fire incident and began the repairs. This obviously affected power supply. And FG has once again informed Nigerians about the completion of the repairs. Is the Gbajue insinuating he's not aware?, or his media team that was supposed to inform him left all the weed to him alone?. This is why he will never become President.

Hahahaha, APC foolish shaaa
APC told Nigerians that they will solve power problem in 6 months or be kicked out. It is 10 years now, the electricity is still same way pdp met it.
As I write this now, no light in a state capital. If not for solar, we for don die.
Very useless and shameless country. The same problems U faced were what PDP faced and they couldnt fix it, and APC still can't fix it. So, why promise what U can't fix ?
Useless party that has solved no problem for 10 years.

helinues:
Waste of state resources. Giving him a car with how many cars is he currently having

The Rivers state assembly members, what joint gift have they given to the Rivers people during this festive season?

this is what we are fighting against, politicians are wastful but they want to tax me sourcing work abroad. This is madness. Even taxing me up to 25 percent is madness. Very wicked people, i dont blame them, we allowed them.

brain54:
These are their elite or special forces...

Why the comparison?


Post Nigerian military special forces units... even the DSS looks and has better equipments nah.


Why you dey always downgrade Nigeria? Abeg give them credit when they deserve it!

U nigerians always over hype ur selves
God with no electricity in state capitals

1vandragon:
Whoever is found culpable in this fraudulent and treasonous act should be made to face the full wrath of the law.

they cant! Lol, na why naija no fit better.
They can only do that if the citizens, like 1 million enter street, occuy airport and demand for the person to be sacked, impeached, etc. But the citizens wont even do it. Like I always say, democracy is not a black man thing, especially, west africa

This is what they want to use our tax for?