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Proff010's Posts

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PoliticsRe: Ooni’s Ex-Wife Naomi Remanded In Agodi Prison With Oriyomi Hamzat by proff010: 12:28pm On Dec 24, 2024
Is ok
European Football (EPL, UEFA, La Liga)Re: Aston Villa Vs Manchester City (2 - 1) On 21st December 2024 by proff010: 12:39pm On Dec 21, 2024
PoliticsRe: Tinubu: Nigerians React As German Government Collapses by proff010: 9:32pm On Dec 16, 2024
On your mandate we stand
SportsRe: Lookman Named CAF Men's Player Of The Year by proff010: 9:29pm On Dec 16, 2024
Oluwaseun
SportsRe: Ademola Lookman is CAF Men's Player Of The Year 2024 by proff010: 9:29pm On Dec 16, 2024
Deserved
SportsRe: Ademola Lookman Wins 2024 CAF African Player Of Year by proff010: 9:28pm On Dec 16, 2024
Good
PoliticsRe: Tax Reform Bills: RMAFC Opposes Proposed VAT Sharing Formula by proff010: 4:49pm On Dec 11, 2024
Thank you so much for your explanation and analysis. I know Tinubu will make the North to sit up. Enough of reaping where they did not show.
CodeTemplar:
The RMAFC man is obviously an ignoramus or tribal legend at best, parading as in intellectual. That it is called a consumption tax doesn't mean it is meant to serve the consumer or go to the consumer directly in anyway. It can still be collected at value addition location and reshared in Abuja, which is what Tinubu has done here. Let the ignoramus tell us who collects the VAT for good consumed outside Nigeria but within ECOWAS if the tax is for the consumer as they assume here.

It is a tax that should compensate whoever shoulders the burden of production or value-addition. It will be harsh to allow Lagos poach investors, create enabling environment, lost their land, culture, values to foreigners, suffer environmental degradation, provide supporting infrastructure like road, power, security and more, then you treat them equal with where the good are consumed because the textbook says VAT is a consumption (based) tax. It is collected from the consumer for consuming the value added unto the raw input but never meant for the consumer or her location.

It is like saying tolls collected in Kano for a road should go to Lagos or Rivers because the final destination of some of the passengers include Lagos and Rivers. The road is a service and is provided by Kano so why reward the destination of the passenger? What about passengers who end up in Ghana or Cameroon?

If we use this logic of the foolish and greedy RMAFC boss, states may be forced to collect it forcefully like that of a tolled road that serves interstate traffic and there will be chaos and rip offs because they will charge far higher than the flat rate FG is enforcing.

VAT is best managed centrally and redistributed to whoever is absorbing the impact of the value-addition within the value-addition chain accordingly. If nigeria must grow to become a hub where thing are manufactured and sold all over west Africa, this bill is good for rewarding value-adding states.
RomanceRe: Bride Price Of N5000 And Four Basins Of Cooked Butter Beans For Eggon Women by proff010: 7:20pm On Dec 06, 2024
1/4 basin should be enough. 1 is too much
Sonnobax15:
. Seconded........At least one basin would have been enough for a non virgin.
Jobs/VacanciesRe: Yoruba Ki Lo De? by proff010: 5:03pm On Dec 06, 2024
You are a mumu and lazy man your generation will suffer for your laziness. It is better you start cutting grass of your neighbour in order to sustain your miserable family.
ycat:
Lazy youth, you will have to beg or steal if you don't want to take any job available to you, and still die in poverty.
PoliticsRe: Sanwo-Olu Presents Investment Strategy For Purple Rail Line Project by proff010: 7:47am On Dec 05, 2024
Lagos is investing now but bitter people will say they develop it or because it was former capital of Nigeria. More VAT will be generated now and some redundant and insecure states will want to take larger share. Lagos our home. Eko o ni baje.
Jobs/VacanciesRe: Yoruba Ki Lo De? by proff010: 1:33pm On Dec 04, 2024
Stay on your topic, how does begging and stealing take enter the topic.
Just take up one of the jobs you mention before your life become miserable.ole you don't wanna work
ycat:
The poverty in your future ehn!
You will either steal or beg las las! You are probably a beggar already if you're not making your own money and find certain jobs beneath you.
Jobs/VacanciesRe: Yoruba Ki Lo De? by proff010: 1:37am On Dec 04, 2024
Can't you do one of those jobs. Stop complaining because you are one of them. Lazy youths
Christianity EtcRe: Pastor Tobi Adegboyega (SPAC) To Be Deported To Nigeria From Uk by proff010: 1:34am On Dec 04, 2024
Better, but can he be deported? I don't think so
TravelRe: South Africans Furious Over Passport Simplification For Nigerians - PICTURES by proff010: 1:29am On Dec 04, 2024
Unrepentant xenophobians.
Who want to come to your country self.
Foreign AffairsRe: Ukrainians Condemn Ridiculous USA by proff010: 4:24pm On Dec 03, 2024
Ok we are watching
PoliticsRe: Governor Sanwo-Olu Signs Lagos Electricity Bill Into Law (Video) by proff010: 4:16pm On Dec 03, 2024
Oga this one no too much for the Dot children aka developers.
RecentHistory:
Continue with your folly. This how your father was behaving when the bridges and businesses in Lagos were being built. Today, they are using "I will take you to Lagos" to impregnate his daughters.

Your foolishness is a curse to your generations but you don't know. In 20 years, your children will ask you what you were doing when Lagos was doing all these things.
PoliticsRe: LASG Compensates Tenants, Property Owners For Ketu-Alapere Bus Corridor Project by proff010: 7:35am On Nov 30, 2024
Okayyyuy oooooooo
PoliticsRe: Court Of Appeal Rules Personal Items Exempt From Import Duties, Strikes Down Nig by proff010: 7:27pm On Nov 29, 2024
Awon werey, all they know is to collect bribe
PoliticsRe: French Band Performs P-Square’s ‘Taste The Money’ For Tinubu (Video) by proff010: 7:23am On Nov 29, 2024
Jagaban
Foreign AffairsRe: Equatorial Guinea Supreme Court Acquits Balthazar Engonga Of All Charges by proff010: 7:27am On Nov 28, 2024
Lobatan
PoliticsRe: Ladipo Market Renamed - No Longer Aguyi Ironsi Market by proff010: 7:24am On Nov 28, 2024
Let the change begins
BusinessRe: The Name Of Our Market (In Ladipo) Is Paramo Market - Mushin LG Chairman. by proff010: 7:23am On Nov 28, 2024
Good one
PoliticsRe: Governing Lagos: I Am Better Than Tinubu, Others - Obasa Declares by proff010: 8:16am On Nov 22, 2024
You better be careful, e never reach your turn oooo.
PoliticsRe: Dangote Resumes US Crude Purchase After Three Months by proff010: 6:51am On Nov 21, 2024
Is ok
TravelRe: New Management Takes Over UK Visa Application Centres In Nigeria by proff010: 6:43am On Nov 21, 2024
Good
PoliticsRe: Leicester: UK Court Jails Four Nigerian Students After Gang Fight by proff010: 8:06am On Nov 19, 2024
Omokomo
TravelRe: Lagos Shuts Marine Bridge For 3 Months; Releases Travel Advisory by proff010: 1:05pm On Nov 16, 2024
Instead of them to build new roads and bridges across the state
FamilyRe: Nurse Recreates Photo Her Mother Took 20 Years Earlier In The Same Spot by proff010: 3:58pm On Nov 15, 2024
Obaseki why

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