₦airaland Forum

You are just typing crap bro.
By virtue of Section 3(b) of the Regulations, the capital expenditure threshold required to enable a company apply for Pioneer Status has been increased to N 10,000,000 (Ten Million Naira Only). It is important to note that this threshold applies to both Indigenous and foreign companies.
Some of the industries on that list are: rubber plantation and processing, real estate development and utilities, manufacture of cement, pharmaceutical, iron and steel from iron ore, gas cylinders, solar energy powered equipment and gadgets and maintenance of aircrafts”.
A drawback of the Regulations with regards to the new capex threshold is that this requirement is that local small cottage industries which would desire a grant of pioneer status would be at a disadvantage due to their inability to meet the new capex requirement. Perhaps an exemption should be considered for such small industries.

Again, the new requirement of the Regulation especially in relation to the payment of the Service Charge negates the whole essence of a tax holiday. It then begs the question why the Regulations seek payment of the service charge from the estimated savings which the company would make by reason of the tax exemption? This may dissuade investors both local and foreign from making viable investments in Nigeria.

http://www.detailsolicitors.com/index.php?section=news&cmd=details&newsid=46&printview=1

PS: It costs N200,000 to get such status if you meet the N10,000,000 threshold

SBG04:
Oga firstly, Europe is not a country!
Secondly, there is a tax holiday scheme in Nigeria called the pioneer status tax. Start ups are granted tax waivers spanning a couple of years after establishment. Please you seriously need to read up on things instead of coming online to call me a learner when its you that doesn't know anything. Please you haven't told me the part of FG policy that forced Shagaya to make losses on Konga and sell to Zinox.
And bros if you dare call me a learner again, i'll give you a serious online dress down.

Hmmm mr man companies don't pack up and leave if they are making profits.
The first hindrance is electricity (POWER) it costs more to run businesses
Costs are high (pertol) and EVERY other thing but standard of living is falling hence closure
Check out the European startup act, that's a country that understands start-up's becomes the next MTN's and jealously guards them
How much tax breaks does Dangote and the likes get? learner

https://www.premiumtimesng.com/news/more-news/243478-nigerian-government-grants-dangote-group-10-year-tax-incentive.html

SBG04:
Oga OLX closed down operations across Africa except South Africa. Naspers SA decided to reduce their Africa portfolio and move East towards Asia. Google it please. Konga's operational costs were ballooning more than revenues. Shagaya had to sell to save his pocket from losses.
I absolutely hate it when people sit down and say Government everything!It disgusts me! Exactly what part of FG policy killed Konga? Please specify? Nobody is discouraging you from starting a business. Start a business and manage it well. When you mismanage it, accept responsibility and learn lessons. Don't blame the government!!! Its plain irresponsible! There are several businesses thriving in Nigeria today.

Why do they keep calling it 'farmers and herdsmen clashes?'
How can a cutlass wielding farmer and a AK47 brandishing herdsman clash?

We all know how much this gov't loves showing off their kills
Why none this time?

Thanks for the APC campaign reply.
Why are companies closing down esp start-up's?
CAMPLUS, KONGA, OLX, SHOWROOM.NG etc all complained about the high cost of doing business in Nigeria
These are the future of companies in Nigeria just as online media would make newspapers obsolete, and should be given priority.
We can't all 'go into farming' like the president suggested.
The problem of taxation in Nigeria is a lack of institution like everything else infact, of course people should pay tax but it should reflect the fact that 112M people live in poverty and taxing them won't lift them out of poverty, creating a free market would.

SBG04:
The FG actually has no business with state level taxes. If you have issues with how the Lagos state government is taxing you, that's another topic entirely. The funny thing is there are actually large scale solar power projects ongoing in the North right now. I know about Kano and Jigawa. You can Google the rest. I understand where you're coming from though. If the government is going to increase taxes, then we must see commensurate investments in infrastructure. I can vouch for the FG in this regard. I know all the borrowing and taxing at the FG level has gone into revamping legacy projects like the second Niger bridge, Ikorudu - Sagamu, amongs others. I know the proceeds of the Sukuk bond (borrowed funds) is being used to kick start a major highway In the East. I also know that the foreign component of the borrowing is being used to kick start the Lagos - Ibadan rail project. What the states are doing with their own taxes is left for you to find out. If its not commensurate with what they're collecting from you, then its your responsibility (Not the FG's responsibility) to demand accountability.
If your state governor is using internally generated revenue (mostly tax revenue) to host super eagles vs Athletico Madrid in Uyo, or buy bags of rice to feed people in Ado-ekiti, its your responsibility to demand better.

Hahaha Nigeria though
Not surprised, education got the same budget as planes and ammo to fight boko

Hummmm Businesses are shutting down!!!
We are hemorrhaging jobs, this gov't should be all about creating a conducive environment for people to (re)start business
1 year tax break for new biz (esp Tech start-up's since they are the future) for example not the ridiculously high 'land bill' introduced by Lagos and others or the N3000 by Rochas, increasing rates and govt squeezing people isn't going to give us real growth, in fact I expect growth to stall soon,
This is a government that doesn't know how to grow an economy and it's obvious, imagine 1billion$ going into solar power generation in the North, creating nothing less that 200,000 jobs and adding to the grid and that's in the North alone, but the gov't is searching for oil there.
Big businesses in Nigeria already pay tax, small business (Market women) pay LGA/State taxes, which is remitted or not to the FG, I know I do,

SBG04:
Oga do you mean they don't pay taxes in America? We have never had an efficient tax system in Nigeria. Infact the FIRS is concentrating more on including more and more people in the tax net than altering tax rates. They are even giving waivers to bring more people into the tax net. Isn't that a tax break? Please lets try to understand issues. Its very important. You can't lower taxes in Nigeria when nobody is paying taxes in the first place! You expand the tax net first. Make people who should pay in the first place, actually pay!!! That's what the FIRS is doing! When we have an actual tax net, we can alter rates to encourage productivity and business growth!

Nigerians refuse to realize that like in Britain, USA and Asia, there are just mofo's in our country that like to kill women esp prostitutes
Most has nothing to do with ritual than a sick demented brain

Abudu2000:
This is how boiz cash out. But some low life fools think yahoo na ritual. I'm yet to see someone that comes here to say he does ritual or use girls

That PDP blame crap no longer sells in 2018,
Accept your peeps have failed in that sector

buhariguy:
The jobless intellectually lazy idiotic pigs of Biafra can see what they have caused, supporting evil PDP to put us into perpetual darkness,

It shall never be well with evil PDP and their ineffectual buffoon.

Is it power issue you want to use to compensate your criminal incompetent cronies? Our national property to his criminal friends, what a pity.

You sound like El Rufai when senators refused to approve his loan
You keep shouting raise taxes but you have not addressed the massive business closure in the past 3 years.
Lets take Trump as an example, the whole 'make America great again' mantra was about boosting manufacturing(bringing jobs back), cutting off Obama era restrictions on starting businesses AND LOWERING TAX. We can now see the results, Economy is booming, Stock market at an all time high, unemployment at an all time low, unemployment among blacks and latinos at the lowest since record collection began.
It's not rocket science, Bill Gates saw through all this administrations charade, if you don't invest in the populace we would just be moving around in circles.

https://www.vanguardngr.com/2016/10/poverty-112m-nigerians-live-poverty-line/

SBG04:
This is the biggest fool on this forum! We are spending how much to offset our debt repayment which is mostly in naira? So what do we do to generate more naira to reduce pressure of Naira debt repayment? Fool like you! You just want to appear smart when you're not even making any sensible point! Saying the government should capture the high and mighty in their tax net, then pray tell, what is VAIDS all about?
Fool!!!!
Any FYI Mr idiot, Nigeria's GDP is not negative! our current GDP growth is 1.95%. Inflation has been dropping for 15 consecutive months from around 18% to 12.4% last month.
Idiots and illiterates own this forum. It's almost helpless!

What kind of write up is this?
OP you need to learn how to construct

Dem go fall this IGP hand like Tafa Balogun,
All of you have to die

YOU MEAN IF NOT FOR SAHARA REPORTERS ?

easyfem:
IF NOT FOR PMB.
.
How would you know that Patience Jonathan mama is currently spending billions of dollars even while in the grave?
How would you know that Saraki kept N1.4b to himself from Paris Club refunds and is richer than Kwara state?
How would you know that $2.1b was shared by ATM Dasuki among ranks and files?
How would you know that Wale Oke hide N4b raw cash at Ikoyi's apartment?
How would you know that someone abandoned N400m at Kaduna's Airport without looking back for the fear of EFCC?
How would you know that over N1trillion was shared every year by the subsidy cabals yet you still had fuel scarcity?
How would you know that Tompolo was paid over N43b to protect our water ways by Jonathan?
Tell me, how would you know that over N240b was spent to import rice every year thereby leaving the local farmers poor as church rats?
How would you know that Deziani embezzled billion of dollars not to talk of the 56 choice property recently forfeited to the Federal Government through the court?
How would you know that Jamb who had over the years remitted N3million now remitted N8billion to the Federation account within one year?
How would you know that Fayose collected N4.7billion from Jonathan through Obanikoro to fund his Ekiti state election?
How would you know that Nigeria Customs can generate over N300b within first quarter of 2017 compared to N3b remitted over the years?
How would you know that Atiku and company (Intel) has been stealing from Nigeria government through the NPA for past 17years?
How would you know that some judges and lawyers are encouraging corruption through perpetual injunctions and what have you?
How would you know that Stella Oduah used her maids to launder N2.4b?
How would you know that Patience Jonathan also used her maids to launder over N13b even own Hotel worth N11b in Bayelsa?
How would you know that the unscrupulous ones hide billions of dollars on farms, grave hards, suckaway pits, tanks etc.?
How would you know that Deziani bribed INEC officials with N23b in the last 2015 elections to achieve victory for Jonathan and his cronies.
How would you know that Femi Aluko (Deziani's boy boy) bought a Yatch (Boat) worth N32b.
Hmmm, how would you know, how would you know...? if not for the Best President of our time.
.

Like Oliver Twist, we are surely waiting to know more even if the National Assembly refused to pass the bill you sent to them (The Anti Corruption and Special Court bill) to Prosecute the corrupt elements in our midst besides our constitution which shelter the unscrupulous elites... the high and mighty ones in our society.
We all know that the House of Assembly/House of Legislatives are part of the rots in our country and we are eagerly waiting for them comes 2019.
We also know that their end is near because the lives of innocent people that died as a result of their callous ways will hunt them down.
.
PMB, God bless and guide you for us.
AMEN.
.

Naija gov't sef wey neva pay salary

Before our very eyes, a new terrorist unit has been born
I just wonder the scale of killings if Buhari wins a 2nd term

kolawoleibukun1:
Okay. We will go with sowore then. But I will save your name so I can tell my kids that you cajoled me and I connived with you to ruin their future if sowore under-perfoms. i cannot take the blame.

Man came before religion and man in his various attempt at understanding the creator invented ALL religion
When man becomes religious, he lets go of common sense, example is Israel, some of the smartest people but they kill humans because of religion and openly justify it.
Even the bible never talks of a religious leader, it always talks about wise and foolish kings
So what is wisdom? to me wisdom is knowing and acknowledging the creator and respecting his creation.
When people start to dress up and give themselves titles then know it's man's doctrine, it's man catering to his need to belong to something.
Is that always a bad thing? of course not but people should at least know they are joining an ideology that won't advance them spiritually.
Do people need to religion to justify marrying more that 1 wives? or kill others or give to the needy on Fridays?
Your problem is you conflate religion with spirituality plus you can't seem to grasp that religion is CONTROL
You don't really understand the power religion wields over our lives. Do you even realize the church was in support of Hitler?
Albert Pike a 33rd degree mason whose religion was satanism predicted WW3 would be a religious war, and it's starting to become obvious.

efficiencie:
What came first? Men or religion? If I am to accept your enlightened opinion, which will most likely be that man evolved over billions of years ago, then I would be making a safe guess by claiming that man existed long before religion was a construct evolving into a concept held by many. If this is the case then I would like to ask if men were not stupid before religion came on board! Were the generations after the Australopithecus Africanus till the Homo Sapiens really great minds compared to those today who are infested with religions? Did religion make men daft or was religion man's attempt to cure man's insatiable desire to be stupid? Religion is associated with morality which when practiced faithfully is aimed at producing a near utopian society. Religion attempts to produce a single standard of good or bad bringing every of its adherents to its submission and hence entrenching social equilibrium. However this seeming fascist characteristic of religion makes it a potent weapon in the hands of those whose stupidity is an incurable terminal disease because they see that religion can have the effect of coercing people into submission so they work their way up the ranks, deny others the right to be curious and entrench themselves as the custodians of religion...these buffoons are the reason you have the temerity to label religion in the manner you have consistently done. Any society where people lack a universal standard measurement for right and wrong will be one that breeds a life that is short, nasty, brutish and hellish. Look at the constitution of governments all around the world. You will agree with me that no matter how beautifully crafted they are men will always make a weapon out of it. Same with every other thing that man invented or gets inspired with. There is no philosophical stance on this planet that cannot be subtly tweaked into a deadly weapon...Even your position on this matter, while it may have a solid philosophical basis in your opinion, is food to some numskull out there who will put it to such devastating use that will shock you to your marrow!

I once heard a muslim speak on men marrying more than one wife and his defense was quite lovely and at one point I reasoned with him but go to Northern Nigeria and see how that seeming harmless tradition has been thoroughly abused by people who claim to be muslims. The justification for tithing in the Bible is so enticing that even an atheist who is interested in the welfare of others will feel the warm-glow effect of paying tithes but today some idiots who parade themselves as Christians have thoroughly abused it. I have experienced some witchdoctors whose belief systems are just amazing but yet there are those who use their art to fuel the insane desires of a few to the detriment of the lives of innocent people. There are atheists who despite not believing in GOD have such exemplary lifestyles that would make any religious person go green with envy yet there are those whose atheistic position offers them the opportunity to insult, denigrate and destroy people with religious affiliations...

Stupidity was a way of life before religion came on board and religion was an attempt to cure man's stupidity but sadly the stupidity of many is so incurable that even the threat of eternal damnation could not cure it!

LOL
My only argument is that Sowore is cut out from a different fabric,
This is Nigeria my brother, if Sowore wanted to collect a gov't post or become a millionaire he would have but he exposed politicians.
He is self made, employs folks, his campaign is people funded (gofundme), that alone is a first in Nigeria
That people would drop their hard earned money and time (like my humble self) is a vouch of confidence,
The total reverse of politicians dashing out money.

kolawoleibukun1:
so should I join you? You have a good point, to be honest. I will reconsider. but give me more reasons why I should trust sowore?
I have nothing against him oh but his look is not just presidential to me. I believe he can supplement this with a strong and experienced young choice for running mate.
over to you

They are not contesting though
I would gladly pick Sowore
Sahara Reporters woke most people politically.

kolawoleibukun1:
to be honest I do not like anyone of those candidates. I think it is time we switch to having a woman as a president. we need that change since the men have failed. How about having ngozi-okonjo in the presidency? that would be my best candidate. next is Folorunso Alakija. all these men are thugs of the same skin.

Politicians know Nigerians are not too smart
A factory would affect lots of lives, from building to employment
The season of politicking is upon us, expect stipends from politicians

majorbravo:
He should have used that 250m to build a factory that would employ more than 25,000 people who would take home more than 10,000 every month.

LMFAO
You aint got sheeeeet

ChidiAlaigbo:
Self consolation! I am far from a broke ass.

I have houses in Lagos, cars, millions of naira shares, bank balance. Same abroad, so dont open that igbotic empty pride gutter mouth to spit your akpu on me.

All the examples you gave just shows religion has nothing to do with being good/evil which is my point (except your religion is doing evil)
You conflict enlightenment with being 'educated' or being white,
My point is religion makes grown men stupid, put on ridiculous outfits and are given authority over people's lives esp children
Religion is NOT about doing good and all that, Religion is all about control!
The state controls religion, the priests in their various forms controls the people, and the people attempt to control their own afterlife.
Religion takes advantage of man's primal urge to be a part of a group, even atheism is a new religion
There is nothing beautiful about ANY religion in it's purest form, e.g are you prepared to go gay hunting?
The beauty is man's ability to clean up his religion and only Christians seem to be trying at this
Do you help a widow because you are a christian or because empathy towards other's suffering is written in your DNA?
I laugh my head off when I meet people that claim they used to be killers until they found religion, expect such person to kill again soon

efficiencie:
Those who do ritual killings are quite enlightened and educated. The Sandy Hook shootings did not happen in Somolu, Bariga it happened in the US. The members of the Ku Klux Clan that have maimed and killed blacks in the U.S and fan racism are very enlightened, if not much more enlightened than both of us. Enlightenment did not remove the evils of this world rather it embellished it. Religion did not do any evil to anyone it is the men who did what they did inspired by their selfish interests. The Rwanda genocide had no leanings on religion it was anchored on ethnicity. The first and second world wars had nothing to do with religion but the selfish pursuance of pecuniary interests. The crimes committed in South Africa, Zimbabwe, Nigeria and even the so called Jihadists in the east all have nothing to do with religion but the calculated attempt of a few people to exploit the fault lines embedded in human societies towards the attainment of material gains. G. Bush was accused, with evidence, to have had contact with Osama Bin Laden before the WTC attacks and it was maintained by some others that G Bush was aware of the attacks before they happened. All of this just to justify a war in Iraq. Till today it is agreed that there were no weapons of mass destruction in Iraq enough to justify a war. Yet the US went ahead with the war...civilians, women and children were killed in that war just to fill up the devious desires of a few people...now tell me how his is connected to religion.

Your onslaught against religion is not founded at all. Religion is all about thinking good, speaking good and doing good...but like anything else religion can be turned into a weapon. Just as Einstein's discovery of the E=mc ² was a beautiful thing but was quickly availed towards the proliferation of weapons of mass destruction, so also religion is a beautiful thing but it has been exploited by a few towards doing evil. The formula is beautiful just as religion is but what people do with them is what you judge as either good or bad!

That is why Buhari was elected,
Make dem arrest everybody including Buratai

Auladimeji:
If PMB starts treating his fuc. kup people will be shouting Witchhunting

Nigerians are full of crap!
Omoyele Sowore lectures at School of Visual Arts in New York what does his hair have to do with intelligence?
PDP/APC have already decided on tribe ie presidency has to be a Northerner not Sowore's supporters
You complain about how he speaks but not what he speaks about
Guess you are looking for an Atiku and the likes?

kolawoleibukun1:
Sowore does not have a presidential Charisma. he does not even look presidential. I dont know why people are wasting their time with such a nuissance.
People are looking at tribe instead of charisma and accolade. Listen to Sowore speak. he speaks like a drunk and ill-informed individual. his hairstyle his expression etc. these people are just causing distraction and he will pull out of the race in the end leaving a gap for Buhari to suck in. we should have a definite candidate.

Weren't the local communities disarmed and told to trust the gov't?
What are you even talking about?
There is no political will to stop the killing, they won't even call them terrorists!!

davidif:
Wrong! Policing should be left to local communities not the Fed govt. They are stretched waaaay too thin. The less the the Fed govt has on its plate, the more effective they tend to be.

So Nigeria that sends soldiers to guard other countries can't protect itself?
If the gov't can't protect less than 10 states then it should vamoose
Isn't it obvious the gov't doesn't want to touch them?
With just drones and intense air force combing, this menace would be eradicated in days

silastemplar:
so in your opinion Nigeria has enough soldiers to protect all the villages in the middle belt? Yes or no

Dude please be quiet.
If Buhari can't stop the killings he should step down.
That was one of the reasons GEJ lost.
But trying to convince us that we have to accept this killings is DOA

silastemplar:
so in your opinion , government has enough troops to guard all the villages aand settlements in the middle belt?

Tribalism is the first sign of poverty
Rich folks got no time for that shiiiiiit

And they want us to believe Northerners are honest peeps, yeah right

Mehn these Northern politicians sef,
They are the meanest bastards

Christianity or Islam did not stop human sacrifice in Africa, enlightenment did, that's why some imams and pastors still do it
If we were colonized by the Japanese they would have stopped it,
Human sacrifices, Oro and all that are also offshoots of religion, it starts out innocent enough and before you know it lives are taken.
Jihadists, Zionists, Buddhists carrying out ethnic cleansing etc are all children of religion.
You give too little credit to our ancestors because you don't understand religion is control,
You fail to understand that NOTHING has changed, the same type of fraudulent religious leaders we have now is the same we had back in the days, they prevail over the masses with fear tactics to place them in line and like Rev. King they go too far and without checks and balance, it turns into a 'religious tradition'
The problem we have as Yoruba is that we have useless leaders, Christianity was once bloody, but they took out the blood and gore, and kept the good parts, you would be naive to think Europeans didn't sacrifice like in the old testament

If you have time to kill please attempt to read 'The voice of Africa' by Frobenius, Leo, it's an account of the travels of the German Inner African Exploration Expedition in the years 1910-1912. You would probably learn more about yoruba culture,

efficiencie:
Well if your ancestors knew this by default like you said, they would not have offered innocent strangers as sacrifice to demon powered idols they call a gods. If your ancestors knew to be benevolent to all mankind they would not have left behind a tradition of bloodletting in the name of sacrifices. Ritual killing today stems from the acts of our forefathers. Those who practice Oro in Yorubaland do they know what it means to benevolent? Rather they are prepared to use any woman they see for sacrifice! Was Sango a Sango-worshipper? Was Baal a Baal-worshipper? I do not see the sense in your statement "Mohammed was not a muslim and Jesus was not a Christian". In my biblical exposition, I did not allude to your personal disposition - dressing, looks etc - rather I alluded to religion being a concept that is wrongly used particularly when it is referred to as a religious adherent. The sun is blessing to all mankind but with a reflecting mirror you can turn the sun's natural characteristic to a deadly weapon. The heart of men is the reflecting mirror of religion and though religion in itself is beautiful the heart of men can turn the character of religion into a weapon...and ignorant people bent on revealing their ignorance clothe religion with the character of men's wicked hearts!