₦airaland Forum

iamoyindamola:
God punish devil
Why will I donate my shoe to charity, e no fit happen

Plot twist - The "shoe donor" is her son and his father/her husband recently returned from UK and apparently bought stuff for him which includes the shoe.

So she was merely ordering her son to gift his shoe to an indigent church member

And the boy was only obeying his mum.

The governor has been buying and gifting cars to every Tom, Dick and Harry in the state.

Friends
Political appointees
Political acolytes
Magistrates
Judges
CMD's of General Hospitals
Traditional Rulers

etc etc

BlueRayDick:
If that is the case, then it is not fraudulent implementation now.

What NLC negotiated is minimum wage to be increased to 70k from N30k. They obviously didn't negotiate the increment of salary for workers on higher cadres by any definite percentage.

It only means the labour leaders are poor at negotiation.

Today na 4th December.

Dem talk say person wey never receive the previous month's salary na angry man.

Make e no be like say I dey transfer aggression for ya head

So

You're correct sir.

BlueRayDick:
Is there any federal government worker here who can confirm this ?

I literally thought the minimum wage has been effected across board since ni o.

False.

It has been implemented albeit fraudulently.

What FG did was to add #40000 across board instead of effecting the percentage increase on workers salary at all levels.

You can take this to the bank.

BlueRayDick:
Emefiele is a seasoned banker who became the CBN governor ; today we know the effect of his time as CBN governor.

Nobody is claiming to know more than Oyedele and the tax reform team. What we are only doing is asking questions which needs to be answered to understand how the tax reform bill aims to cover for the shortfall in FG's revenue when the bill is implemented.

I'm sure someone like Oyedele won't shy away from providing answers . If FG gives 20 years tax holiday to firms that are into manufacturing, IT, exportation and agriculture, how does FG intends to fund itself and it's agencies?

This is not even criticism but asking obvious questions.

Touche!

I hope the emboldened below allays your fears somewhat.

For me, anything that lightens the burden of the common man and brings succour to him is welcome.

---

Aside from the incentive for minimum wage earners, the tax reform bills equally exempt small businesses from the payment of taxes. It first reviews the financial threshold of businesses that can tap into such benefits. Unlike the subsisting regime that grants exemptions to businesses with N25 million annual turnovers, the tax reform bills raise the threshold to N50 million, which unequivocally accounts for a 100% increase. The bill also exempts small businesses with total assets of N250 million. Again, this is an audacious, indeed progressive initiative with the intent of providing an environment that can speed up the growth of such businesses rather than suffocating them. With these provisions, thousands of businesses within this threshold will be relieved of tax burden. The idea behind this initiative is not far-fetched. First, micro, small, and medium enterprises, MSMEs, constitute about 48% of our GDP. Second, they provide about 87% of total employment nationwide. Third, they have a strong presence across all 774 local government areas. All this data obviously attests to the crux of granting small businesses with N50 million annual turnover tax exemption and its significance in building an army of vibrant entrepreneurs.

The last takeaway largely borders on the long-standing concerns about multiple taxation. Conglomerates, multinationals, and organised private sectors have been complaining about this syndrome for decades. But the tax proposal now offers relief under Section 56 of the Nigeria Tax Bill. The proposal now opts for a significant reduction in company income tax rather than sticking to the subsisting regime that multiplies their tax obligations. The reduction will be effected in two successions. From 30% currently, the bill proposes 27.5% in 2025 and 25% in 2026, which, according to development data, is conservative compared to 27% in South Africa and 30% in Kenya. The bill also introduces a 4% development levy aimed at harmonising the multiplicity of taxes and levies paid by companies. It also maps out the plan to reduce the development levy to 2% in 2030, which will be devoted solely to funding the Nigerian Education Loan Fund, NEFUND, thereby phasing out the 2.5% education tax, the 0.25% National Agency for Science and Engineering Infrastructure tax, and the 1% National Information Technology Development Levy. Instead of all these earmarked taxes, the company will only pay a 4% development levy till 2029 and 2% afterward for the funding of Nigerian Education Loan Fund, a scheme that has benefitted no fewer than 10,000 students already.

Lol.

It's amusing to me that some Nairalanders know more than Taiwo Oloyede (a renowned tax expert) and the other Tax Reform Committee members who are seasoned professionals from different fields, who have consulted far and wide, obtained input from different stakeholders, simulated different scenarios, crunched the numbers, and came up with the bill.

I've heard different criticisms of the TRB but this one that its implementation will make the country go broke takes the cake.

raumdeuter:
Makinde is an idiiot. When his media vuvuzelas were drumming him up as presidential material I just laugh

Best performing governor in the South West but his presidential ambition is dead on arrival cos Jagaban is doing 4 + 4.

Still, I agree with you his opposition to the TRB is illogical.

Feelers I'm getting is that he's heading to the senate when his tenure ends.

Ibime:
All they are shouting about will equate to about N1bln loss per month per State except Lagos and Rivers

That's not much in the grand scheme of things but that's about $500k less available each month to loot. So the cost of this reform is $6m per year to each Governors pocket except for Lagos and Rivers

I'm so disappointed in Ogun.

I thought proximity to Lagos will rub off on it and place it in the top 10 but the opposite seems to be the case.

Ibime:
TBJ work for the guy. Now he is an England player, a rated DM (he used to be a winger) and Manure will be chasing him this summer on free transfer

Are you crediting his career resuscitation to TBJ?

raumdeuter:
Na person wey never face life challenges go call himself a man.

When life deals with you, you will start believing what is obviously insane. Do you know how many Oyinbos left their country to start following TB Joshua who could barely string 2 sentences together and most Nigerians believe was a fraud

Make we no see challenges wey pass our power

Angel Gomes, ex-Man United player who came to Synagogue for TBJ to heal him of his persistent and recurring groin injury comes to mind.

The injury frustrated him to the point he was convinced that his ordeal was spiritual.

He later claimed his mum was a fan of TBJ and she pushed him to come to TBJ

Best breakdown of the tax reform bill I've seen yet. Also explains the vociferous opposition from the North.

Confused about the New Tax Reforms?

Watch & listen to this.

RT FOR OTHERS. 🙏🏻 pic.twitter.com/6MBwSGGERR

— POOJA!!! (@PoojaMedia) December 1, 2024

Finally, Jagaban seems to be cooking a meal with a pleasant aroma.

Remains to be seen if he has the balls to push it through.

[quote author=iamoyindamola post=133124551]When stupidity mix with religion

I hope this is a skit

Watch this video and say what's on your mind pic.twitter.com/fbugleIJIN

— Dami’ Adenuga (@DAMIADENUGA) December 1, 2024

not a skit. That's BrightTheSeer, a prophetess

Some of her prophecies have made it to the social media space and stirred some controversies.

She had a run-in with Daddy Freeze too.

Forget his heroics in Serie A., Maduka Okoye is not even good enough to be in the squad.

I hope now all the talks of Maduka Okoye will die now

iamoyindamola:
Ha
No joy for the southies till the end of the year

Go on X, South Africans are rejoicing over Chidinma not winning the crown and spinning her 1st runner-up position as "justice served" and a loss for Nigeria.

Bitter lots those South Africans

iamoyindamola:
What’s the position of the lady from SA
Just curious

She dropped out so I assume she'll be unranked.

iamoyindamola:
Edo queen still beat mamelodi sundown women yesterday
SA people mind won't touch ground since yesterday

I just can't understand how a "multiracial" country and supposedly rainbow nation can be so xenophobic.

Una say make person no contest for una pageant cos she be nigerian, no wham. She leave am for una.

Una revoke her citizenship, e still no do una.

She come contest Miss Universe Nigeria for Naija but una still carry una bad belle try sabotage am.

She later go Miss Universe, una still petition the organisers make dem disqualify am.

If this isn't witchcraft, I don't know what is.

Chidinma!!

South Africans right now having heart seizures and epileptic fits.

Itsrm:
Most people who buy diaper like that only use it when the child is going out. Buying the pack and using it for the child in the house is for big men like you

Unless the baby has started walking and has been potty trained, their house go dey smell gan be that cos those creatures pee like every 10 minutes.

raumdeuter:
There is also an adage that says its darkest before dawn. By this time in 2029 you will be begging Tpain for a 3rd term given how he would have turned things around

That time na Southie go dey beg for Naija visa

Are you now admitting the inflation and hardship being experienced in the country is due to TPain's policies?

raumdeuter:
The renewed hope that touched our foreign reserves will touch pack of indomie too

This is a sign that things are getting better.
Mobilize your friends and family to vote for continuity in 2027 and you will see miracle

You're definitely trolling and can't be serious.

Better be careful lest you descend into the depths of infamous NL troll Mr.¢®¢k

There's an adage that it's from the morning that we'll know how the day will pan out and T-Pain has performed dismally by all indices.

To paraphrase Omojuwa, in 2027 I'll rather vote a pig than vote T-Pain.

Itsrm:
People keep adjusting. One time a woman I saw in the market asked how much I bought pepper. When I told her, she said this is why she no longer buys. She said she now uses grinded pepper because it's cheaper.

People walk a few kilometers and take public transport to complete the journey.

Parents park their cars at the school in the morning, use public transport to go to work and back, use the car to take the children home.


I also shared the story of a woman who went to the bakery to buy bread because it's 40 or 50 naira cheaper.

And lastly, loans. Almost everyone lives on loans. If it's not GTBs one year loan, it is fairmoney, branch and the likes. And they hardly pay back until they are forced to when they need another loan and they can't because they have outstanding loans.

Two more additional points.

1. Re-use of one use disposable items - I took my wife's pap ingredients to her customer to grind in one of those public-yard compounds. While I was there, one of her neighbours brought out her baby to bathe. She removed the diaper which baby had pooed in, removed the poo and cleaned the diaper with soap and water and hung it on the line to dry.

2. Piecemeal Buying - I didn't know diapers were sold in pieces until this year. I was at a neighbourhood store and a lady came to buy a diaper. Shop owner said it was N150 but she had only N100. I asked him how much the 9pcs pack was and he said N1100 so I told her to pick that and added it to my bill.

Roland17:
The Democratic Party lost elections in the presidential and other levels because of critical dinner table issues like these…

True

But as much as I dislike Tpain and the APC, we're stuck with him until 2031.

GloriousGbola:
This time last year cway water was 600.now 1400
3.5 litre mamador was 5k. Now 2.5 is 11k.

I can go on and on but I am tired.

I have always been someone who mentally registers prices. Who knows which shop sells which item at the best price. But nothing works anymore. They were selling golden penny cooking oil 2.5L at park and shop for 5k.best price you will see it. Then it rose to 7k.i enter last week now 11.5k. I was just lucky to find a place with old stock at 7k and i bought that sharp sharp.

I don port from indomie since and I am now on golden penny noodles.

People's quality of life dey drop steady.

Until this year, our meals comprised of meat. chicken and titus fish as the primary protein source.

I'll buy 6 kilos of meat, one large-size chicken and 5 pieces of big-size iced titus fish. (fish was for the kids) and every was in the range of 37-40k. Wifey will do bulk cooking, store in the deep freezer and we go dey chop am as we want.

Now, to purchase the same quantity of animal proteins cost about 100k. So we have dropped the chicken and now we make do with meat and fish only.

As per products, some substitutes are just inferior to the popular and more expensive brands......and you end up going back to the popular brands.

Take spaghetti for instance. Golden penny is the most expensive on the supermarket shelves. I ported to Honeywell but wifey complained, "ko wu dada", isn't as filling and as tasty so I went back to buying golden penny. I tried power pasta, same result too. That's the way I feel about other noodle brands.

Another example is Sudocrem which is what we use as diaper cream for the baby. When it finished, I went to restock and it was going for 12k (250g). So I got Vaseline BlueSeal Petroleum Jelly (225g) for #1400 after all, it's also paediatrician approved for use as a skin barrier and baby diaper cream. We used it and discovered it disintegrates the absorbent barrier of the diaper making urine leak so we had to go back to sudocrem.

izzou:
[color=royalblue]Carton of Indomie at 1,950?[/color]

#19500. Omitted a zero. Post has been modified.

raumdeuter:
Nigerian reserves hit $40bn

https://www.nairaland.com/8265132/nigerias-fx-reserves-hit-40.08bn

Egbon, this is nice, very nice. TPain is working and it can only get better

Meanwhile, I purchased

Nestle Cerelac (1kg Tin) #11000
NAN milk #9500
Eva Water (1.5 Litres) #3600
Happy Hour #3300
KissKids Diaper (Jumbo Size) #9500
Softcare Wipes #1300
Boots Baby Soap #6500
Carton of Indomie Noodles #19500
etc etc

about a month ago.

Kindly help me confirm that the prices have dropped as I wan enter market today.

Ese gan

Hello guys.

I started a diary on Nairaland about a week ago.

https://www.nairaland.com/8256688/circle-kin

Its a family-centric diary and you'd get glimpses of my life from it.

Follow, like and share.

fluteman:
This thread na wah....once a player doesn't score or performs for the night or day, you throw out all his accolades.

Haaland didnt perform so well this same night, is he also not good enough again ??.....only very few guys here are complete..super nerd, charlesemeka and a few others...most are fair weather pseudo analyst

My bad, I take that back. I was just speculating, no vex