₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,330,464 members, 8,445,582 topics. Date: Wednesday, 15 July 2026 at 09:36 AM

Toggle theme

Putindbutt's Posts

Nairaland ForumPutindbutt's ProfilePutindbutt's Posts

1 2 3 4 5 6 7 8 ... 28 29 30 31 32 33 34 35 36 (of 248 pages)

PoliticsRe: Meet The Man Behind The Federal Revenue Sharing Formula by Putindbutt(op): 8:20pm On Dec 21, 2025
Brendaniel:
Once I see that line, you guys don't fail to repeat it when there is no evidence to your claim...

You said you know something and you can't prove that what you know exists, then you want me to find the proof for you, are you really normal?
Like I said, if you want to lie against the Government, you won't ask me to help you. You haven't read the documents, you don't know anything about the laws, yet you're making up lies in your usual manner and then asking me to help you. You must be high on Agulu weed.
PoliticsRe: Meet The Man Behind The Federal Revenue Sharing Formula by Putindbutt(op): 8:11pm On Dec 21, 2025
owobokiri:
Revisionists are back in full force..
APC and their vile propaganda
E shock you abi?. Google Pius Okigbo Commission and cure your ignorance.
PoliticsRe: Meet The Man Behind The Federal Revenue Sharing Formula by Putindbutt(op):
Brendaniel:
And you can't still show me where in the tax law to back up your claim...
I should show you a public document that has been passed by the Senate?. Even before it was passed, several sections were debated but you're not interested. If you want to spread your fake news, you won't ask me to help you.
PoliticsRe: Meet The Man Behind The Federal Revenue Sharing Formula by Putindbutt(op): 8:00pm On Dec 21, 2025
mrvitalis:
Am I ironsi? Lmao this primitive thinking
Who's busy disturbing us with biafra noise everyday?
PoliticsRe: Meet The Man Behind The Federal Revenue Sharing Formula by Putindbutt(op): 7:50pm On Dec 21, 2025
Brendaniel:
Where in the tax law is it written that the tax will be accrued to where the consumption of goods and services are consumed and not based on the head quarters?
This one is even ignorant of the law and he's talking, Lol. That's what they do on social media, talk ignorantly about anything and everything.
PoliticsRe: Meet The Man Behind The Federal Revenue Sharing Formula by Putindbutt(op):
Brendaniel:
Because of 2 major reasons

1. The Method - it has to do with only VAT, Lagos enjoys VAT's from all the 36 states of the federation including FCT based on head quarters of most companies, imagine all the MTN cards in Nigeria bought and all the VAT's goes to Lagos, so Lagos now gets 55 % of all that VAT.

2. It is selective - Imagine because Lagos has that advantage of having most head quarters, Tinubu decides to make a different sharing formula, while oil producing states are still using the old formula, even you add the 13% derivative, it is no where near 55%


Does this look fair? Why not do the same for states with their natural resources to take 55% ?
Lol, these election losers are way too ignorant. Don't you think the old system is far favourable to Lagos than the new system?. When almost all companies headquartered in Lagos and they pay vat to Lagos. But the President says Vat distributable will no longer be only from where it's collected but where the goods and services are being consumed. Yet you still dey complain, never I have seen this kind of bitterness grin
PoliticsRe: Meet The Man Behind The Federal Revenue Sharing Formula by Putindbutt(op): 7:34pm On Dec 21, 2025
mrvitalis:
I didn't create it, I and people like me complain because the present system is not working

And those in power should strive to change the system
Who created the system?, same you that's complaining.
PoliticsRe: Meet The Man Behind The Federal Revenue Sharing Formula by Putindbutt(op): 6:57pm On Dec 21, 2025
nedu666:
Ya brother is president let him change the law. Moreover the sharing formula you posted relates only to vat. Not other revenues.
Yeah, the President is committed to changing it already with constitutional amendment and new tax reform. So keep quiet and stop sulking as if you weren't the one that was used as a tool to destroy the system.
PoliticsRe: Meet The Man Behind The Federal Revenue Sharing Formula by Putindbutt(op): 5:47pm On Dec 21, 2025
mrvitalis:
Your brother is president rewrite the mistake of an Igbo man
So, why then do you always complain about the system that you help create.
PoliticsRe: Meet The Man Behind The Federal Revenue Sharing Formula by Putindbutt(op): 5:20pm On Dec 21, 2025
Godfullsam:
This is very good step in the right direction if true. I have not taken time to grow through this new tax law stuff.

This will keep all governors on their toes and greatly reduce corruption at the center. Why are people criticising it
Anything that challenges the old system, people will try and fight it. People naturally resist a change.
PoliticsRe: Meet The Man Behind The Federal Revenue Sharing Formula by Putindbutt(op): 5:09pm On Dec 21, 2025
mrvitalis:
A federation where money come from the center is strange
Thanks to Aguiyi Ironsi. See how Shagari used another ibo man to circumvent the states.
PoliticsRe: Meet The Man Behind The Federal Revenue Sharing Formula by Putindbutt(op): 5:08pm On Dec 21, 2025
Effective from January 2026, President Bola Tinubu's Administration has taken a bold step to ensure Nigeria's landscape will undergo a significant shift with the introduction of a new revenue sharing formula. A change set to redefine how tax revenues are distributed across the federation. The new sharing formula as follows:
FG - 10%
States - 55%
LGs - 35%

This new principle of derivation gives states a greater share of the VAT generated within their borders. It reduces over reliance on federal allocations, promotes fiscal responsibility as well as fairer distribution.
PoliticsMeet The Man Behind The Federal Revenue Sharing Formula by Putindbutt(op):
How FG collects the lion share of the allocations as against the states who were once collecting the bigger shares during the regional system.
Following several heated debates and controversies surrounding revenue sharing between the Federal Government and the federating units.

On Nov 23, 1979, President Shehu Shagari set up the presidential commission on revenue allocation headed by Dr Pius Okigbo, an economist and educator from Ojoto, Anambra.

The FG, 19 states and LGs submitted their memo to the Commission on how revenues should be allocated.

FG wanted 70% for itself, 20% for states and 10% for LGs whereas the states wanted FG to have between 28% - 50% and the rest for themselves.

In June 1980, the commission submitted its report to the Government recommending,
53% to FG,
30% to states,
10% to LGs and
7% for special fund.

The commission hinged its recommendation on the following principles:
1. Derivation - states which generate resources within their borders receive more money.

2. Population, Land mass - states with more population and bigger land mass receive more money. It's believed that the more the population, the higher the demands for goods and services.

3. Equality - A portion is equally shared among all the states.

A revised sharing formula followed in 1999 soon as President Obasanjo assumed power. Since then, successive Governments have retained the sharing formula.

Obasanjo gave FG - 52.68%,
States - 26.72%
LGs - 20.60%,
Special fund - 1%,
while implementing the 13% derivation to oil producing states to help cushion the effects of oil exploration and support development in the host communities ( constitutionally should go directly to the LGs of the affected communities but unfortunately the Governors have hijacked the funds)

PoliticsRe: President Tinubu, Seyi Tinubu And His Family sharing beautiful festivity moment. by Putindbutt(m): 2:38pm On Dec 21, 2025
aswani:
I believe her ancestry is same as Bianca, part Ndigbo part Lebanese
She's Lebanese.
PoliticsRe: Bala Mohammed Greets Bola Tinubu In Bauchi by Putindbutt(m): 12:00pm On Dec 21, 2025
You can say whatever you like about the President, run your mouth in the media and criticize or insult him but when you see him one on one, you take a bow. That's the story of Bala Muhammed. Reality is different from social media.
SportsRe: AFCON To Be Played Every Four Years From 2028 by Putindbutt(m): 11:54am On Dec 21, 2025
Corrupt CAF, Corrupt FIFA... Corrupt Infantino, corrupt Motsepe.

CAF shifted the Nations cup to every four years to give way for the new CAF Nations League, a similar one to Euro Nations League. These clowns 🤡 have turned football to cash and carry.
PoliticsRe: President Tinubu, Seyi Tinubu And His Family sharing beautiful festivity moment. by Putindbutt(m): 11:22am On Dec 21, 2025
aswani:
Ah ah, oga that is too much nau, haba.

See wetin Obidients cause now, poor boy us bring dragged into it all.

Irony is Ṣeyi's wife is Ndigbo so Lagos state might have an Ndigbo first lady if he does contest and win.

Also if his son or daughter contests and sins, Lagos state will have a governor with an Ndigbo mum, hope Chinedu Gbadebo is alive to witness it.

Great family pictures by the way.
Seyi's wife is Lebanese.
PoliticsRe: COAS Commissions Housing Estate, Reserves Five Percent For Wounded Soldiers by Putindbutt(m):
anonimi:
You must be too young to even read for you to vomit this propaganda garbage.

Regional resource control ended in 1966 with Ironsi’s Unification Decree 34.

The Allocation of Revenue (Federation Account, etc.) Act, was enacted in 1982 a year before UPN progressive governments were replaced with military dictators led by Buhari.

Lagos State portion of the shared 27% among 36 states, was never seized. Only the LGA allocation, which is 20% shared among 774 local governments that was seized because Tinubu and his AG Osinbajo laboured in vain to smuggle new LGAs into the 1999 constitution.

Do you even have a container to receive sense huh
You're the kid here, are you aware UPN Governors sued the Federal Government all the way to the Supreme Court over unfair allocations?. It was Tax drive that helped Jakande generate revenue for his projects. He collected as much taxes as he could.
You say it was LG allocations that was seized, so what should happen to local Govt civil servants?, they should starve to death?. How can a Governor and a commissioner smuggle new LGs into the constitution?. Do you guys go to school at all? grin
And why did the Supreme Court order the release of the withheld money if a Governor do not have power to create LCDAs not LG. Receive sense!
Sports2026 World Cup: Nigeria Reveals Why DR Congo Won’t Escape FIFA Sanction by Putindbutt(op): 8:41pm On Dec 20, 2025
Nigeria’s challenge to FIFA over the eligibility of several Democratic Republic of Congo players in the 2026 World Cup qualifiers is “very tight” and firmly grounded in the rules of the game, according to National Sports Commission (NSC) chairman Shehu Dikko.

Speaking on Arise Television’s Morning Show on Friday, Dikko addressed growing public debate surrounding FIFA’s scrutiny of DR Congo following allegations that the Central African nation fielded players who were not fully eligible during the recent playoff matches against Nigeria.

His comments come at a sensitive moment for Nigerian football, with the Super Eagles having already suffered playoff elimination and now facing the prospect of missing consecutive FIFA World Cups for the first time since 1990.

Nigeria’s case and the roots of suspicion

Dikko was emphatic that Nigeria’s decision to approach FIFA was not driven by bitterness over defeat to DR Congo , but by concerns that predated the playoff loss.

According to him, Nigerian football authorities began monitoring DR Congo’s squad well before the November qualifiers after irregularities were noticed when the Congolese announced their playoff squad on November 1, nearly two weeks before the decisive fixtures on November 13.

Dikko explained, “So, when we saw the squad that was put in place for the playoffs, the squad was named on November 1 and the playoffs were on November 13, we looked at the squad of our opponents. We found out from the beginning that even the Congolese had already named players of other nationalities who had not been cleared by FIFA in their squad. That was an alarm, so everybody started monitoring, even though the players were not being played.

“This issue did not start because we lost the playoffs. We had been watching what they were doing, and then we found out a day before the qualifiers that they were getting clearances so that the players were qualified to play.”


Dikko questioned how players who were not cleared at the time of squad announcement could legally become eligible just a day before competitive fixtures.

“But if you look back, what gave them the confidence to name a player of another nationality in their squad to play a match two weeks later, when he wasn’t qualified to play for them until the day before the match they received permission? That raised alarm for us after the qualifiers,” he said.



Legal review, FIFA complaint and ‘not being sore losers

The NSC chairman revealed that following the playoff defeat, Nigeria sought the opinion of legal and international law experts, whose findings raised concerns about how the clearances were obtained.

Drawing parallels with a previous FIFA ruling that saw South Africa docked three points for fielding an ineligible player, Dikko stressed that FIFA’s regulations on nationality and eligibility are uncompromising.

“It is the responsibility of a federation to ensure passports are issued in line with the law. You cannot just issue a passport to someone and change his nationality. If the passport is not issued according to the law of that country, it affects everything,” Dikko said.

Nigeria has since lodged a formal complaint with FIFA, and the matter is now under review.

While acknowledging the disappointment of defeat, Dikko dismissed claims that Nigeria is attempting to overturn results through sentiment rather than law.

“Yes, we lost. Unfortunately, everybody was angry about it. We are not sore losers, but it’s part of the rules. We bring in our legal team, we bring in our international lawyers. We look at the legal opinion, we look at the laws, and we found out there is some suspicion that some things have not been done right according to the laws of the game.

“There are probably, from what we found out, misrepresentations to FIFA to obtain those clearances,” he added.


Having already missed the 2022 World Cup in Qatar, the Super Eagles now face the grim prospect of failing to qualify for back-to-back tournaments.
https://soccernet.ng/2025/12/world-cup-nigeria-congo-fifa-super-eagles.html

PoliticsRe: COAS Commissions Housing Estate, Reserves Five Percent For Wounded Soldiers by Putindbutt(m): 8:24pm On Dec 20, 2025
SEGLIZ:
I never new the Nigerian Army has become a business venture!? Kudos to them at the least if they can't curb crime and insurgency they are profitable in business.

you mean it is one of there duties to produce bottle water, bottle water turned amenities. government is meant to provide all these amenities and the soldiers concentrate on combat duties.

I doubt the top echelon in the advanced countries you mentioned will have time to produce bottle or go building houses as area of concentration.
There's life after retirement, that's why shopping complex are being built for small businesses..
You just exposed yourself that you haven't traveled past your backwaters. You would have known that armed forces in advanced countries have artisans are involved in economic activities that generate revenue for the institution.
PoliticsRe: COAS Commissions Housing Estate, Reserves Five Percent For Wounded Soldiers by Putindbutt(m): 6:46pm On Dec 20, 2025
To the haters and bitter losers, read the part below slowly...

The Army Chief said the expansion of the scheme to Ibadan, Benin, Jos, Akwa Ibom, and other locations was informed by the successes of the pilot phase in Idu, Abuja, which, he said, delivered over 400 housing units.
PoliticsRe: COAS Commissions Housing Estate, Reserves Five Percent For Wounded Soldiers by Putindbutt(m): 6:44pm On Dec 20, 2025
anonimi:
Why should God bless an evil person who raised IGR and budget 100 times from increasing tax burden on Lagosians without building low cost housing for them, like Jakande did in just four years before Buhari jailed him for corruption huh

What government services, utilities, facilities maintenance etc in the past 26 years of Tinubu TAX monster plan can match what progressive UPN govern did without squeezing out IGR from the public?


>>>
>>>
How old are you?.. you don't have elders that can educate and enlighten you?. Do you think during Jakande's time, he was going to Abuja to collect monthly allocations?. Baba had control over Lagos resources and that's why he was able to do all that he did. Why are you comparing to Tinubu who had no such opportunity, even the FG seized Lagos allocations from coming to him. Receive sense!
PoliticsRe: COAS Commissions Housing Estate, Reserves Five Percent For Wounded Soldiers by Putindbutt(m): 6:41pm On Dec 20, 2025
SEGLIZ:
I never new the Nigerian Army has become a business venture!? Kudos to them at the least if they can't curb crime and insurgency they are profitable in business.
Business venture? But you hail advanced countries for providing similar amenities for their soldiers, veterans. Why do you losers hate good news?, why?.
PoliticsRe: COAS Commissions Housing Estate, Reserves Five Percent For Wounded Soldiers by Putindbutt(m): 5:51pm On Dec 20, 2025
Say it slowly - Renewed Hope Housing Estate.

God bless the NA, God bless Jagaban.
PoliticsRe: President Tinubu, Seyi Tinubu And His Family sharing beautiful festivity moment. by Putindbutt(m): 5:46pm On Dec 20, 2025
mightyhazel:
See as seyi wife and kids fine and fair

Tinubu just dey admire the kids..this lady epp their gene pool sha wink
That's a Lebanese gene. Moreover, Seyi Tinubu himself carries a good gene, he's a cute guy, tall, dark and handsome.
PoliticsRe: President Tinubu, Seyi Tinubu And His Family sharing beautiful festivity moment. by Putindbutt(m): 5:43pm On Dec 20, 2025
And a certain Oseloka is busy twerking for his fellow men somewhere in the UK... God abeg o
PoliticsRe: US Dismisses Report Of Airstrikes In Nigeria, Benin Republic Border by Putindbutt(m):
You go dismiss fake news tire, e don reach you. This is what the Nigerian Government have been facing from Obidients and bitter election losers, carrying fake news every day.
They were creating threads on the fake news on Nairaland that the US aircraft was flying over Nigeria space and conducting airstrikes. Those losers have been waiting for Trump to evade since... dem go wait till dem grow old. Trump carry dem over 2.5.
SportsRe: Anthony Joshua Knocks Out Jake Paul, Breaks His Jaw by Putindbutt(m): 11:06am On Dec 20, 2025
tosyne2much:
I didn't watch the match but why are people saying the match was probably scripted?
They felt it should not have lasted more than two rounds max.
SportsRe: Anthony Joshua Knocks Out Jake Paul, Breaks His Jaw by Putindbutt(m): 11:04am On Dec 20, 2025
Jakumo:
Few spectacles are more pleasing to watch than arrogant, overconfident people discovering that reality is far different from their imaginary world in which they are undisputed king of the universe.

Jake Paul can now humble himself, and learn how to speak again with his broken jaw. He can go back to the profession for which he is truly qualified, which is that of a YouTube content creator and slapstick comedian.

Good job done with alacrity by Tony Joshua. Very amusing to see that Jake Paul thought he was King Kong because he defeated Iron Mike Tyson on points at a time when Iron Mike had long retired from boxing and is in his late fifties.
Dey play, Jake Paul is cashing out big time. Have you seen his statement on X this morning while in the hospital?. He said they should give him Canelo in 10 days. Dude knows how to promote his fights and cash out.
PoliticsRe: Kidnapping Now Terrorism, Death Sentence Awaits Offenders – Akpabio Declares by Putindbutt(m): 9:49am On Dec 20, 2025
CSTRR:
If you can prove that obi is corrupt, please jail him.

Unfortunately for you, even the apc cannot prove it, let alone you.
The packaged fraud, we know why he quickly left APGA and ran to PDP for cover under GEJ.

1 2 3 4 5 6 7 8 ... 28 29 30 31 32 33 34 35 36 (of 248 pages)