₦airaland Forum

jaxxy:
I don't see how it will I'm sorry.. Hyperinflation will only reduce when the main causes are addressed. The dollar rate and fuel cost then productivity of the economy and last but not least anticorruption and accountability bill for government leaders than will enable life imprisonment for looters.

These ones you mentioned will contribute to reduction in hyperinflation, just as tax reform bill if implemented.

jaxxy:
How will the bill enhance the quality of life? Will it reduce hyperinflation?

Going by the facts given, it will drastically reduce hyperinflation. This is a reasonable question Nigerians should be asking this time. I asked this same Question from a professor of economics a few days ago, and he gave me an answer in the affirmative.

lapintoz:
🍃President Bola Ahmed Tinubu's new Tax Reforms Summarized.

1. Any business with less than N50million turnover are exempted from tax payment.

2. over 90% of workers in public and private sector will no longer pay income tax.

3. Over 82% of what low income persons consume will be VAT free.

4. scrapping over 50 nuisance tax suffered by local businesses.

5. VAT will no longer be calculated base on where the companies have their headquarters but where their goods are consume.

6. the rich to pay more tax while the poor will stop paying taxes..

7. Consumption tax collected by states will be eliminated completely.

8. FG share of VAT to reduce from 15% to 10% as states and LGAs now get 90%.

9. Those earning less than N1.7m monthly will now pay less income tax.

10. Customs, NUPRC and other govt agencies will no longer collect tax as only one Agency will be responsible for collection of all taxes in NGR.

11. Those receiving less than N9million per anum could have their income tax cut by half.

12. The bill could lead to abolition of other multiple tax laws like the stamp duty act.

13. Over 90% of small business would no longer pay profit tax.

14. Gradual increase of VAT from 10% in 2025 to 15% in 2030... With almost every goods consume by low income earners exempted from VAT.

15. Many NGR companies pay over 60 types of different tax & levies... The bill seeks to end this factor killing NGR industries.

You may not like the messengers ...But, the message is a good one .

This is basically the duty of NOA, they should have educated the populace about the tax reform bill. No one will see all these and still insist the government should not go further on it.

Did gotv ask of ur religion when registering? If no, I see no reason for this complaint. There are Muslim channels on Gotv, if u don't understand how to change the channel, then call on our children to do that for u. Gotv is not funded by the federal government, so u can't be threatening the company because u are a subscriber. I don't even understand why u take everything with provocation.

In this 21st century, when young and brilliant minds are tapping into great sources of information that the internet has provided us with to better their lives, some people are still searching the bush for padlocks that lock their destinies, Information is power.

Puppetmaster08:
This man dey very fruitful o.. shey him triplets girls and another set of boys triplets again..


Omo fruitfulnessa all-round.
In business and in za oza room

That's the wonder of science. When u have ur money, science will present anything at ur doorstep. Some reproduction techniques at work here; "Superovulation, IVF, Ova transplantation etc.

Transport is one of the things eating deep into people's finances these days. How about getting a bicycle to move around? By so doing, u are cutting heavily on transport fare. In advanced climes where there's money to throw around, gentlemen and ladies still go around on bicycles, but here in Nigeria, if u ride bicycle, people look down on u.

It can happen to any team.

Some1 is about to stir the hornet's nest. This DNA is an example of "the more u peel an onion, the more u cry".

Alcohol is haram, but the VATs thereof aren't, are u not making the religion itself haram? Because it's being practiced on hypocritical ground.

A typical example of "Omo se were wonu ogo"

One thing I know for sure is that know what u want and pursue it with all ur energy, not minding what naysayers are saying. Right here on naira land, we were discussing on a thread on how to relocate to a saner clime and a nairalander was calling all of us on that thread unpatriotic Nigerians. He said if we all move out, who will fix things here? I was amazed when I finally realized that he posted all his comments from Germany. I tried to make research about him, only to find out that he's been living in that country for over 4 years. That's a typical Nigerian for u.

We are still learners now, what do u expect Indians and Chinese to call their own? Na Japoooo. Indians can migrate to Lybia or Niger. Very stupid people.

I can bet it that even if the nation's entire allocation goes to the north, it can not make a difference because they are wired to be poor.

He who seeks revenge must dig two graves. But on a normal day, na super eagles cause am, we no dey d same level Nah, if we organize secondary school boys, dem no go play dem? People wey dem suppose play like 12-0 for first leg.

The 2 kings have issues, Ooni seems to appear innocent but inwardly, he had some shady deals, while Oluwo seems to be unstable emotionally and mentally, probably due to too much of this thing. One thing they both have in common is that they are youths.

Nwaikpe:
See mawt


In Nigeria, just have small money, you will be privileged to make ANY claims without people disbelieving you.

This is not mouth bro, go online and search for power generation stations owned by Deji Adeleke, u'll be shocked by the stunt this man is pulling sinlently. Our crew recently visited one of his power stations, it was massive.

CJStarz:
I miss Mama Peace

Na mama war dey dia now

So Ghana is this useless, and they will be forming like they can pull a string.

Triangles1:
What does it mean to see Tinubu on your dreams.

It's a strong sign of backwardness, u need to go see a strong pastor for deliverance from spirit of backwardness. No go see fake pastor o.

Tjra:
Finally I smoked weed for my first time just this evening and nothing happened to me.

I just want to wish you guys Merry Christmas. As we are leaving 2025 to 2021 we shall all see 2016 in Jesus name.

Indeed, nothing happened to u bro

Politicians!!! it won't be well with u all. So what should the masses do with these pictures? People are wiser now, u can't use one stupid act to garner sympathy from the public, we know ur gimmicks.

omonla10:
Uk 1st class different from naija own jare.
Do u know over 90% of uk masters students are being graded tru assignments and projects. And majority of them pay outsiders to write for them.

Someone I know just graduated 1st class and na 247 party person. No time for any yeye book.

I wrote complete thesis for one and he paid me my money, I com dey reason am say na like dis UK schools dey?

I wonder if the GMO foods Bill gates is forcefully introducing to Nigeria will yield this kind of result. This man and his evil mission to control population.

lebete3000:
But if person fit dash up to #120million in the space of few days, mean say e fit get up to #1billion for account be that oh...

I come dey imagine how much Don Jazzy go come get.

Omoor I must to make am for this Lagos oh...

No be Rema an Indian billionaire invite recently for son's wedding make him com sing, wey dem give am about 3 billion naira? That guy dey another level right now. E get some kind money wey u go get wey ur female enemy go dey dream say u dey oil her engine for her sleep.

ivolt:
Don't mind them.
These Nigerian "abroad" fantasists amaze me.
They would dream of a perfect picture of a country they have never visited and
have little to no idea of how low-wage workers survive.

comparing a toilet cleaner to a bank manager?

Bank Manager job in Nigeria is fast becoming a grace to grass job, except if you can do some dirty deals within the banking circle. Bank managers don dey ride bike now. If u know u know

Ttipsy:
lol if Trump is clown how about what we have here

That one no be clown, na gown

When u plant cocoa, u plant plantain at the same time to protect and nurture cocoa, after cocoa is well established, u cut and destroy plantain for cocoa to thrive. That's exactly Nigeria's case with SA.

Zonefree:
Funny how another innocent man will still kneel, propose and pay a bride price to this same girl who cohabitated with a man for over 3 years.

If your wife is not a virgin, you have no moral justification to smile and dance on your wedding day.

Those you call virgins are the worst. My cousin is a living witness, his wife was a physical virgin but not a virgin at heart when they got married, he celebrated it like a birthday party, but today, he's sleeping around with multi millionaires in their estate. How do u explain that?

Kobojunkieee:
There is no record of this man working or creating any product in all of his life or running any profitable company in or outside of Nigeria before entering into politics. Dino is a career politician.

Where did he see the money he used to enter politics and become a senator? U no get money u wan become senator of the federal republic.

Namaster:
430,000 from Nigeria alone?

Indians are still there.

Give it 30 years and all the cultures and civilisation that the UK sailed to on their ship and OPPRESSED and DAMAGED with their presence will FLY on planes to overrun the UK.

Love this for the UK!

This is the kind of REPARATIONS people should seek instead of doing Yahoo. Go to their country and use their resources like they used yours.

Warri people will say:

First to do, e no dey pain;
Second to do, eye go red.

Those guys are something else, they just move out to populate any country anyhow.

sIfioksq:
Seyi Makinde is just playing politics. The truth is that Tinubu is trying to ensure that funds are well allocated for the betterment of all states. Everyone should focus on the bigger picture instead of throwing unnecessary shade.

I don't think this is politics. It was a reimbursement of what the states had spent during COVID 19. It's just like when the FG asks the states to fund federal road projects in their states, that the money will be paid back to the states later.