₦airaland Forum

Editorialtimes:
Source: The Bureau Newspaper

We all know that NGOs (including churches and mosques) are exempt from company income tax and VAT. Howevee, they are expected to charge VAT on all payments to their contractors for jobs and supplies done for them and remit to the govt accounts through FIRS or state IRS.

They are expected to deduct Personal Income Taxes from their staff salaries and remit to the govt.

What is new about that? Has the NGOs, mosques and churches been dodging those taxes?

The only issue I have with the the tax reform is the proposal to increase VAT from 7,5% to 10%.

Botragelad:
Saying Trump doesn't read books is a cheap shot. Lol But, let's focus on the the part we here for.

BRICS is never a viable alternative to the US-led global order as you guys call it, because it's just a loose association of countries with different economic systems, political structures, and interests.
They're not exactly a cohesive unit, if you know what I mean.
The US has been using tariffs and other trade restrictions to protect its interests for ages. It's not like Trump invented protectionism. Lol

Now, about those tariffs. Yeah, other countries can impose tariffs on the US, but it's not a straightforward game of tit-for-tat. The US has a massive economy, and its trade relationships are large. Imposing tariffs on the US would likely hurt other countries more than it would hurt the US. China for one doesn't want that.

Whatever Trump plans to do is his issue. One thing about politics is you can never fully predict the outcome, so keep spectating. Every country will want to place it's interest first, sincerely that's how you survive!

Who are the Brics countries?

Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia and UAE.

USA can't afford not to do business with China and India for the next forseable future. USA has special interest in UAE.

The dominance of the USD in international trade empowered the US dollar at the expense of other currencies.

We are experiencing the same problem in Nigeria too. That is part of the reason the executive decision was made to trade crude oil to local refineries in Naira.

I support the introduction of brics currency as a new international currency. The USA should welcome the introduction of the new international currency; welcome competition.

Simple.

Botragelad:
BRICS is a joke. Trump's a patriot(most of the time), through and through, and he's all about putting America first. You can't have your cake and eat it, according to him, - you gotta choose between the US dollar or watching your economy go down the pan.

It's their call. Trump's made it clear, he won't let anyone mess with the US dollar, and if you're not on board, you're on your own. You have a choice. Choose freedom🦅🦅🇺🇲!

Brics currency is a reality you and the USA must begin to accept and work with.

Trump can sanction and do whatever but it will not stop the brics. The dollar had it's time and USD will still be an international currency anyway but the brics currency will also be an international currency.

What exactly is it about that bill that the Northern Nigeria is afraid to see?

DeLaRue:
I used the word 'similar', not 'same'.

Prices cannot be same across a vast country like Nigeria particularly if you're transporting the petrol by lorries instead of through pipelines.

Petrol sold in the Norther states used to get a special subsidy to ensure their fuel prices are similar to what obtains in the South.

I believe Mr Buhari stopped that special payments several years ago. I stand to be corrected.

I would personally support if the government considers measures to ensure that people further up the coast don't have to pay significantly more for petrol. However, any special payment/subsidy specifically for this purpose will be abused and turn into another monster.

The best approach would be to transport the fuel by pipelines. But we know what will happen to the pipeline!

Honestly, Nigeria is mostly ungovernable.

Obvious solutions that work in all other countries simply don't work here.

It is not subsidy, It is a bridging fund packaged by Petroleum Equalization Fund (PEF) payable to Petroleum Marketers for supplies across states based on an approved templates of cost

I think PEF was merged with NMDPRA.

ufotunang:
...but NNPC does not want other petroleum oil marketers to buy fuel from Dangote refinery...NNPC is the only buyer,... that is wrong from NNPC

Honestly, I see no reason NNPCL should be the sole buyer of Petroleum products from Dangote Refinery. Infact, NNPCL should only buy the products meant for sale at the various NNPCL filling stations but they must not be allowed to sell to other Petroleum Marketers directly. Every Petroleum marketers like NNPCL should buy their products directly from Dangote Refinery and sell at their filling stations across Nigeria to the public.

Simple.

DeLaRue:
NNPC being the sole primary wholesaler may actually be a good thing.

It could herald more transparency.

1. Because it is such a modern production facility, Dangote refinery will know on a per second basis the quantity of fuel loaded by NNPC, and Mr Dangote has said the figures will be reported. This is good because if you have NNPC and other wholesalers loading, NNPC can use their usual magomago to hide their own loading figures.

2. The exact price that Dangote sells to NNPC will be known. The refinery was partly financed by foreign institutional lenders. The financing contract will have a reporting clause under which the refinery will have to disclose certain commercial information. So whether directly or indirectly, the foreign lenders will know the prices and that information will most certainly get out.

3. With NNPC being the sole primary wholesaler, it should be easier for NNPC to identify and ban (retailers) who sell at exploitative prices. So, basically, better control over retail price by government/NNPC. Price certainty and stability will benefit the people.

Finally, if reports that the FEC will be involved in setting final prices is correct, again this will bring better transparency because any shenanigans by APC will be leaked by the PDP and other opposition Governors. All Governors are members of the FEC. This too is good.

Overall, I think some of the proposals being reported may herald a new era of transparency in the petrol supply chain.

Let us be patient and see how things work.

I want to congratulate Dangote Refinery for the giant stride and achievements of the refinery. I want to appreciate Alhaji Aliko Dangote for his efforts, investments and business activities.

However, I wonder why Alh. Dangote opined that the Federal Executive Council will be the one to determine the price of PMS (Petrol) in Nigeria. It is strange that he has that orientation especially since Dangote Refinery is a private organization and Petroleum products marketers are largely independent and privately owned.

I also agree with the statement of Mr Gabriel Idahosa, President and Chairman of Lagos Chamber of Commerce and Industry, that Dangote Refinery has no authority or power to determine the pump price of PMS (petrol) or any petroleum products sold at filling and gas stations. Dangote Refinery can only determine the Ex-Depot Price of those products loaded at Dangote Refinery; notably Dangote Refinery can not also determine the Ex-Depot price of Petroleum Products imported or refined in Nigeria by other companies or entities.

The whole confusion about the pricing and Dangote Refinery's ex-Depot price is amusing and frustrating to me. Dangote Refinery is quick to do publicity and fanfare on the production of PMS; the story was all over the media but Dangote Refinery refused to communicate their ExDepot price per litre of PMS to the public or Petroleum Marketers. Isn't that ridiculous?

adedayourt:
If not that Nigeria is a messed up society how can somebody be making such nonsensic statements that the manufacturer of a product does not have power to fix her price.

What can't they tell that to producers of other products.

Somebody BUYS Crude from nnpc and converts to converts to finished product yet you open mouth and say he can't determine price.

All of una dey mard

you are not well informed

Who are these Pan Yoruba Group called Afenifere? What kind of stupid idea are they promoting?

Barrywilly:
This is a gross violation of their rights. You don't have any business or right to video them or expose them to the media. They own their bodies.

Really, do you know that prostitution is illegal in Nigeria?

officialwdhtvv:
Do you remember this advert from the 80's?

#wetindeyhappentv


https://www.youtube.com/watch?v=JrDGt46hT1s

Yes

vibratingpenis:
Aren't you one of those emergency wike supporters because of BAT?

Tell me one sensible thing people like you have ever talked about?

Do you really think I have time for banters with you?

Can't you make your point without banter or referring to BAT?

Did I mention BAT in the discourse?

Blessedity:
A political appointee like Wike daring someone that was democratically elected by the people and you say some people are not mentally deranged in this country?

How is he (Wike) dating her(Kingibe)?

vibratingpenis:
See agbadorians and gaslighting

Your response if ridiculous, you have not been able to indicate what Wike has said or done to Madam Irrational again

Obansy112:
Establishing two owned state university with NUC Aggreditation
Building four world class hospitals in
Okene
Ajaokuts
Aiyeng a
Lokoja
LOKOJa ganaja roundabout
Building of GYB standard Model secondary sch. In all the local govt.
Construction of 15km roads in each LGA.
PMB ultar moder civic center
Reconstruction of Lokoja water works

etc

So are all these items that you listed not normally expected of any governor.

The funds he administered are for development of the state so when he does little with the money and mismanage and enrich himself and cronies with the rest, we should praise him and make it look like he has done wonders?

Why are you guys attacking Wike? Did he say anything about Kingibe recently that necessitated this attack from Adeyanju?

Obansy112:
If he's worst as you claimed, he can't be hiding in kogi state and his people didn't snitch on him. Yahaya Bello is far better than all the kogi previous governor's. Truth is bitter, Yahaya Bello is only been whitch hunted by Emilokon boys who feel threaten by his achievements as kogi governor.

What achievements? Tell us about it.

What is your point on this discussion? We are not all lawyers and the article should be summarized for non learned persons comprehension.

Godswill Akpabio and his goons are corrupt and selfish people.

They want the best health care for themselves but care less about the people.

We also know that the contracts for building and equiping the hospital will be inflated and used to extort the government account.

Buccalcavity2:
I'm for an independent Palestinian nation whose goal is not to exterminate her neighbor too. If that minimum is agreed upon, then we are on same page...

My dear, that is my wish too.

I also think that will help the Palestinians to focus on develop themselves and their abilities rather than concentrating on fighting Israel's oppression which would have ended with their independence.

EXPRESSSMAN:
You don't know the history of that region well. You said that Israel were the ones harassing the Palestinians.
The Palestinians occupied that land before the present Israel were resettled there from all over Europe in 1948. The Palestinians resisted the resettlement till this day. They started the war against Israel from the first day the first set of people landed.
The attack of 7 October by Hamas was not a mistake as you claim. it has been happening since 1948 and Israel always reacted they way they are doing now.
The Christians do not think that there will be an end to it or peace between them because the Bible prophecize these their hatred for each other.

How easy do you think it is to yield your land to Israel based on resettlement of Israel back to a land they left for decades?

Those land were owned by Palestinians for decades before Israelites came back based on the effort of some nations to resettle Israelites.

There will be some resistance definitely but they yielded eventually. Israel became a country yet the nations that resettled Israel didn't seem it fit to also allow a Palestine Country. It was either a costly mistake or deliberately done to subject the Palestinians to the Israelites.

However, they are two different people, with different cultures and morals; who may find it difficult to coexist genuinely rather tolerate each other. Now the center can no longer hold, they have to be separated from that unfortunate association which gave Israel control over the Palestinians.

Palestinians desire freedom from the Israelites and they will get it, even if will take 40 or 400 or 4,000 years. The Palestinians must be free.

Buccalcavity2:
You see. This is where we differ. You seem to conclude that it is Israel that made Palestinians Toxic. I beg to remonstrate! That conclusion detaches historical perspective and ongoing sentiment among Palestinians and its partners who believe Israel should not exist (which is still actively pursued). Such argument strengthen the resolve of an "Israeli extremist" that a 2 state solution is a reward for antisemitism,which they resist.
2 state solution is not as difficult as the definition of boundaries and underlying assumption of right of existence of both countries. Those are the underlying sentiments fueling the crisis.

2 state solution will not work eventually even if they both Israel and Palestine choose to revisit the case.

The most realistic solution is independent nations with defined territory.

Let there be Palestine country as we have Israel country.

telleyway:
Apart from sentiment, especially with religious affiliation, no one will point accusing fingers at Israel. If not for their will power and defense mechanism, Israel is the most attracted country in the world. October 7 Hamas attack was targeted at weakening them, thank God for the defense system.
And if you follow history, Jerusalem is Israeli capital, it was war that took them away for Palestinian to encroach.
You should better use your energy to advise the terrorist nations surrounding them to allow them have peace.

History indicates that Jerusalem belongs to both Israelis and Palestinians.

You should not misinform the public by saying the Palestinians encroached into Jerusalem.

Israel is also a terrorist nation and are continuously breeding the terrorist within the Israelites and Palestinians and other nations surrounding Israel that you call terrorists.

When Israel kills all the Hamas, even more deadlier terrorists could rise again against Israelites.

Now is the time for nations to rise up and say no to these system that breeds terrorism that is prevailing in the Middle East and stop playing politics with everything including lives and properties.

Gbogbowa:
have you ever seen any Palestinian conderming what Hamas did but rather it was celebrated.saying Hamas are not part of Palestinian it's like Saying Boko Haram are not part of Hausa Fulani people.As long as Hamas indirectly work for Iran and Palestinian celebrate them they can't be a nation

The Palestinians have been oppressed, harassed, humiliated, despised and discriminated by Israel for long.

The psychology and mentality of the average Palestinians has become toxic and wired against Israel due to the treatment over the years. The Palestinians have made mistakes and attacked a superior power in the person of Israel and they have been decimated. However, the mentality of hatred, anger and elimination towards Israel remains with them and perhaps will be transferred to future and younger generation.

This is not good for peace, league of nations
and international community. Someone or some people has/have to stop this killings and destruction of lives and properties.

The war between Israelites and Palestinians must be stopped with sustainable peace in focus. How?

The solution is an independent Palestinian nation as we have an independent Israel nation. The respect of international laws, ethics and understanding between the both nations in their relationship with themselves and other nations in the world.

Gbogbowa:
I'm a christian and I stand on what she said

I and a lot of people don't care if you are a Christian and align with her opinion.

That opinion is your and her personal opinion. It doesn't change the fact and realities of the situation between Palestine and Israel.

Buccalcavity2:
Sad indeed... But an attack on the government of Israel resulted in civilian casualty just as the attack on the government of Palestine is resulting in civilian casualty. October 7 rocket attacks were meant for exactly who? Why is it ok to rationalize one and condemn the other? Why is it ok to rationalize those who swore to exterminate Israel if they have the power and not ok for Israel to exterminate the possibility of such threat? Esp when this had been done previously and was done in the 21st century (to Yazidis).I think both are doing the same thing, only in varying degrees depending on the power they have.
Can't and won't hold brief for Israel...but I understand their argument.

When two people can't coexist together and their relationship becomes toxic and dangerous.

There must be a dissolution to make peace between them and ultimately for their neighbors and the world.

There must be an independent Palestinian nation with defined territory and opportunity to operate independently within the context of international laws, ethics and understanding.

The senseless killings must stop.

EXPRESSSMAN:
The Palestinians missed it in 1948. At that point, UN proposed the two states solutions and even allocate a larger part of Jerusalem to them. They refused thinking that their Arab brothers would help them to flush out Israel. That did not happen. Israel turned the table against. As of today, they have been completely pushed out of Jerusalem.
They just exist in Gaza and some scattered settlement outside Jerusalem. Is that where they will form the State of Palestine. As far as America retain their veto power , there will be no state for the Palestinians. The Bible prophecize all these some 3000 years ago. Israel are God's people, no nation mess with them.

Decision makers in 1948 are not the decision makers today. Today, the Palestinians want a nation especially since they can no longer tolerate the oppression, apartheid and brutality of Israel.

There shall be a Nation called Palestine, it doesn't matter what America and Israel think about it.

EXPRESSSMAN:
Israel cannot allow Palestinians to be an independent state because they are terrorists. Their sole aim is to exterminate the Jews so get that clear. Your enemy is not your friend.
Now, you're talking of women and children. When Hamas and Hezebolla threw 1000 mlssels overnight to Israel, did they consider women and children?
So why do you want Israel to now consider women and children.
Note that in war every thing is fair and square. Tell Hamas not to start what they cannot finish.

Newsflash, it is not up to Israel to decide the destiny of the Palestinians with respect to becoming a nation in the world.

It is up to the league of nations, the will eventually be a Palestine nation.

Mark my words today.

You and Israelites can fight it but you will not succeed.

Gerhards:
Dude, you are not making any sense on this thread, get some rest and stop making fool of yourself here

Just tell me how I am fooling myself and I want you to make sense since I don't make sense on the thread.

I am waiting to hear you ohhhhhh

Buccalcavity2:
Oh my friend, you got that twisted. Read (even google)!
After different views from both parties from 1937 2-State solution proposals, Israel supports two state solution currently.... The party that disagrees is Hamas (it's stated in her mission statement) hence the rhetoric of "from river to sea".
Hamas is the government of Palestine; now it is ridiculous that you plan to separate the representatives of a people from the people (esp when it's an ideology). Common!
Like I said, I'm sad with the development but what would I have Israel do? Leave Hamas and wait for the next attack?
No emotional attachment to any of both.

You are talking 1937 and I am talking about 2020s. Palestinians want to be a nation that is independent. They want a Palestine country
and they made it clear at the United Nations conference even in 2024.

Israel has always controlled the kind of employment for Palestinians, the goods and products that go into Palestine, the Israelites control the life of Palestinians and want to seize their lands by force and duress.

Why is Israel targeting women, children and civilians in their attacks against Hamas?

Why weaponize basic necessities of life like food, shelter, water, communication and social infrastructures, against the Palestinians?

Why the genocide in Gaza?