₦airaland Forum

Esthered:
This noodles dominates the market in Anambra State. I don't know why they don't have a market share in Lagos.

To the rumor mongers, Ire o.

Esthered:
This noodles dominates the market in Anambra State. I don't know why they don't have a market share in Lagos.

To the rumor mongers, Ire o.

Pentagon007:
Tummy Tummy is very nice. I prefer the noodles to Indomie.

It comes with healthy vegetables

abeg how much you dey buy am. make eno be say competitors wan spoil market









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BeginsAtHome:
I hope this is good.
These IMF guys, I fear from the days of Babangida!!!

illicit:
Have you seen Lagos hostel

UNILORIN


Better by far
🥵

greatiyk4u:
We know that's how it should be but anything to remove Tinubu from to that seat should be a duty every Nigerian of good and progressive conscience should take as their KPI

Freetech:
This type of New Nigeria go better than America. Laugh wan tear my belly

People of easy virtue coming together to rescue Nigeria lol

If these people win election then it's from frying pan to fire for Nigerian

oluwaseyi0:
Police are not on the road for security but for money grabbing

BlackViper:
Two obstacles I envision which will hinder this new tax regime:

1. The dubious reputation and record of the Nigerian political class when it comes to handling public monies. Most Nigerians regard our politicians as little more than criminals and fraudsters. This erosion of trust between the rulers and the ruled, effectively means that nobody trusts the government to utilise tax income honestly and responsibly.
And judging from the country’s history with corruption, who can blame the Nigerian masses?

2. It looks like they have borrowed a lot of ideas from the US Tax Code called Progressive Taxation. But why doès Bola Tinubu think an extremely poor country like Nigeria is ready for the adoption of such a rigorous tax regime?

The reason why taxation works in developed nations like America is because of the existence of a large and wealthy populace. Nigeria allegedly has a per capita income of about $6,000 (which I believe is a wildly inaccurate figure because the average Nigerian doesn't earn up to $6,000 or N9.2 million per annum)
For the sake of argument, let's assume this figure is correct. But even if this is the case, why would you want to tax Nigerians using tax assessment standards that were meant for countries like the United States where the per capita income is about $80,000 per annum? How does that make any sense?

Will you be able to generate as much tax revenue from a poor country like Nigeria where the average citizen earns only $6,000 per annum, as you would generate from a wealthy nation like America where the average citizen earns $80,000?

I laughed when I read the part about corporate taxation. Who exactly are they going to tax? The Manufacturing Association of Nigeria (MAN) has been complaining since 2023 that hundreds of manufacturers are either going out of business every year or simply relocating out of Nigeria.

Most Nigerian factories and industries are operating at less than 5% capacity utilisation.

They spend at least 80% of their income on meeting energy needs (buying diesel and fuel) and paying salaries.

These people are honestly running out of ideas and they have come up with a new way to fleece Nigerians.

Watch and see how this tax business becomes weaponised against political opponents and sections of the country that have the temerity to refuse to vote for the ruling party.

Kukutente23:
Funny enough this man is always making sense in proferring solutions
He seems to be a bright light in an otherwise politicised security apparatus
It's been long I saw a forthright and straight speaking soldier

ElSudani:
Half knowledge is more dangerous than no knowledge.

ElSudani:
Your real enemies are not people like Bill Gates. The fact that you can't identify who and what your real enemies are is why some of you lash out at everyone.
Your real enemies are never conspicuous and they use people who look like you to harm you.
And they succeed almost every time because you are easily distracted.

EmperorIsaac:
Gates truly like the African Continent. He has been consistent with rolling back malaria over the years! This is the mindset of a man that knows we brought nothing to this world; and we can only leave with Jesus.

Kemetian:
You are the one who blabs without thinking, like most people on this forum.

I don’t even know how to respond to this trash you just typed.

Deffi:
hmmm.....FG should tell all those foreign interests and globalists paying these idiots that:: 'IS IT BY FORCE TO EAT YOUR G.M.O. FOODS!??'

slimfit1:
Tinubu should have used this man shine, in the corruption fight boost his government profile but maybe he has something he can use to hold his balls.

njokuuche77:
I actually do and I’m speaking from an understanding of how rule-based economies work. Emotional reactions don’t build strong institutions. If we applaud regulators for bypassing the law just because we’re angry at prices, we set a dangerous precedent. Tomorrow, it might be your industry on the receiving end. Let’s not confuse frustration with sound policy.

Spechialone:
Yes, my jollof rice comes out as party standard even in my kitchen ...but Na money go talk

naptu2:
How could I forget the Poles, the Check, etc. DICON has signed lots of agreements with them to produce military equipment.

DICON also partners with domestic Nigerian manufacturers like Innoson and Proforce.

Fubarqamin:

https://www.youtube.com/watch?v=NC0XQVfLQLY?si=yRc6GGql9vOh9hMK

Fiscus105:
But they are in power for long, what did they do with it? Instead of them to develop agriculture which is their comparative advantage, they busy competing oil with the south.

Meanwhile, for our modern day tyrant, welfarism is not in his renewed hope, he turn country to a hopeless situation, while him, his son and member of his government leaving like they are in paradise.