₦airaland Forum

The case should have been referred to the police station.

Who brought in the solider man or navy to interfere in police matter.

This is a kind of jungle justice.

BabbanBura:
It is very terrible, they bribe sexurity guards (yes often with sex) to sneak out for parties and orgies! Many secondary school girls are so bad these days.

TELL ME STORY !

Na so e come be with our girls for college?

IT IS NOT ONLY IN THE POLITICAL ARENA THESE THINGS ARE HAPPENING.

Some holy sons and holy daughter of God hide behind the curtain of HOLYINESS in the church were they steal their General Overseer dry.

TB Joshua wife is still alive and she is seeing all this happening and I am wondering how she will feel about this so called church workers.

The disciples call the looting their own divine favour.

They will face judgement of God at the right time if they escape the judgement of man.

Five northern states, two south-western states, two south-south states, and one south-eastern state collected a total of N373.84bn of the N836.51bn Value Added Tax allocation available for states in 14 months.

This is according to the latest FAAC allocation data available from the National Bureau of Statistics for the months of January 2020 through to February 2021.

In the period under review, the thirty-six states of the federation and the Federal Government shared N1.09tn as VAT revenue from the Federation Accounts Allocation Committee.

The top 10 states were: Lagos (N153.94bn), Kano (N32.48bn), Oyo (N29.85bn), Rivers (N28.43bn), Kaduna (N24.75bn), Katsina (N22.72bn), Delta (N20.91bn), Bauchi (N20.49bn), Anambra (N20.14bn), and Jigawa (N20.13bn).

Lagos got the largest share of VAT revenue in the period under review (N153.94bn), while Nasarawa got the least allocation of N15.36bn.

Based on the regions, the South-West region received the highest VAT allocation (N256.21bn), followed by the North-West (N154.41bn), South-South (N119.88bn), North-East (107.43bn), North-Central (N106.58bn). The South-East received the least from the VAT allocations (N91.99bn).

The bottom 10 states were Nasarawa (N15.36bn), Bayelsa (N15.79bn), Taraba (N16.23bn), Gombe (N16.33bn), Kwara (N16.35bn), Ekiti (N16.46bn), Yobe (N16.90bn), Abia (N17.03bn), Ebonyi (N17.04bn), and Cross River (N17.17bn).

According to Investopedia, VAT is a consumption tax that is levied on a product repeatedly at every point of sale at which value has been added. In Nigeria, VAT is collected by the Federal Inland Revenue Service and shared by the Federal Government.

According to data from the NBS, VAT has a non-import VAT local, non-import VAT for foreign, and Nigerian Customs Service Import VAT components.

In 2020, N1.53tn was generated as VAT in the nation. Non-import VAT local accounted for N763bn, non-import VAT for foreign accounted for N420.43bn, and NCS-Import VAT accounted for N347.72.

Locally derived tax accounts for about 50 per cent of total VAT, while imported goods and foreign goods or services not imported account for the other half. Local VAT is imposed on goods and services consumed within each state of the federation.

Based on the country’s revenue sharing formula, the Federal Government gets 15 per cent of VAT, while states share 50 per cent, and local governments share 35 per cent based on the sharing formula. In the period under review, the Federal Government got N251.55bn from VAT.

In an August 10 ruling, the Federal High Court sitting in Port Harcourt, Rivers State, declared that it was the Rivers State Government, and not the Federal Inland Revenue Services, that should collect VAT and Personal Income Tax in the state.

In 2020, the total internally generated revenue of the 36 states in Nigeria was N1.21tn.

A former Minister of Finance, Mrs Kemi Adeosun, had said 55 per cent of total local VAT was generated in Lagos.

Based on this indication, in 2020, Lagos may have contributed N419.65bn. in the same year, however, it received N130.97bn.

The Governor of Rivers State, Nyesom Wike, said recently that Rivers State generated N15bn VAT revenue in June this year, but got only N4.7bn. He added that Kano generated N2.8bn in the same month and got the same N2.8bn back.

Wike also said that Lagos generated N46.4bn but received N9.3bn.

The Director-General, Lagos Chamber of Commerce and Industry, Dr Chinyere Almona, on Sunday said the current sharing formula for the states and LGAs should be adjusted using the factors of equality 20 per cent, population 30 per cent, and derivation 50 per cent.

This is against the present system of equality 50 per cent, population 30 per cent, and derivation 20 per cent.

According to her, this arrangement should be agreeable to the concerned parties and can drive innovation on revenue generation in all the states towards increasing their internally generated revenue.

She added that it would also make the states more sensitive to the needs of businesses in their respective jurisdictions.

Almona said, “The first concern of the chamber is the confusion that businesses face as to who is in charge of VAT collection. This is not healthy for the business community and planning.

“We, however, hail the swift intervention of the Court of Appeal to reduce the uncertainties surrounding these controversies.

“Businesses should not be subjected to unnecessary hurdles and made to pay the same tax twice from different agencies.

Read AlsoNULGE wants LGs to collect VAT, Borno advises SouthVAT ‘war’ fuels struggle for true fiscal federalism as states seek more fundsVAT: More states oppose FIRS, Ogun, Edo, Akwa Ibom consider tax laws

“The Federal Government should urgently establish an understanding with states on what is best for the nation and businesses.”

According to the Head of Economics Department, Pan-Atlantic University Lagos, Dr Lekan Aworinde, if state governments start to collect VAT, there would be some positive as well as negative outcomes.

He said, “On the positive side, states can boost their internally generated revenue, meaning that states that realise huge amounts of money from VAT will be able to generate more revenue to themselves.

“However, on the flip side, we do not know whether states will have the structure to be able to collect this tax. What I mean is that tax collection involves a lot of structures such as the policies and the tax planning; also, do these states have the manpower to collect these taxes. If they don’t, the process might not be that smooth and effective.

“Aside all of this, if the administration of VAT falls to the state, how sure are we that they will be able to remit what is due to the local governments.

“In many cases, even with the old systems when federation account allocations come in, state governments do not remit the share of local governments as expected.”

He added that there was the possibility of multiple taxations, especially on imports.

Aworinde added, “There is also the possibility of multiple taxation which can be caused when both the federal and state government charge VAT for certain items like imports. Multiple taxation will have a ripple effect on the economy.

“It will hamper ease of doing business in the country, erode investor’s confidence in the country and further decrease foreign investments, largely because investors don’t want to come into a country with too many taxes.

“With investments on the decrease, unemployment will spike, which will also pull more people below the poverty line.

“As income remains constant while cost of goods and services keep increasing, heightened poverty or a rapid increase in the poverty rate in the country is inevitable.”

Meanwhile, the Fiscal Policy Partner and Africa Tax Leader, PwC, Taiwo Oyedele, has said challenging any ambiguity or treatment the states consider inconsistent with the constitution in court, is a healthy development for the system.

Oyedele said this in an interview with one of our correspondents, in response to the states’ attorneys’ general’s prayer to the supreme court to determine whether or not the states have the sole authority to administer and collect stamp duties on all transactions involving individuals and persons within their respective states.

The PUNCH had reported that the Attorney-General of the 36 states of the federation had dragged the Attorney-General of the Federation, Abubakar Malami, before the Supreme Court over the failure of the Federal Government to remit the funds generated from stamp duties into states’ accounts.

Oyedele said, “There is generally no ambiguity regarding the collection of stamp duties. States are entitled to collect stamp duty on any dutiable instruments between individuals. Where a corporate entity is involved, the Federal Government is empowered to collect the stamp duty.

“While each state gets to keep the stamp duty collected by them, any stamp duty collected by the Federal Government is to be shared to states at 100 per cent less cost of collection based on derivation.”

In another development, an economist and private sector advocate, Dr Muda Yusuf, has advised the National Assembly and the Federal Ministry of Finance to halt the proposed excise duties on a segment of the manufacturing sector.

Yusuf said this in a statement on Sunday in response to the announcement by the Nigerian Customs Service during the 2022-2024 Medium Term Expenditure Framework assessment in the National Assembly to reintroduce excise duties on the production of soft drinks in the country.

Yusuf described the move as ill-timed, inappropriate and detrimental to the growth of the manufacturing sector, saying that it negated the economic recovery and job creation objectives of the federal government

He said, “Many upcoming small businesses in the beverage sector would be hard hit by this proposal. The millions of micro enterprises in the soft drinks’ distribution chain will be adversely impacted by the imposition of the excise tax.”

He added that the reality was that Nigerian manufacturing companies were going through tremendous stress at the moment, affecting sales, turnover, profitability, shareholder value and the sustainability of investments in the sector.
https://punchng.com/vat-five-northern-states-two-sw-two-ss-among-top-beneficiaries/

THE SOLUTION IS TO FIRST OF ALL CUT THE HIGH COST OF GOVERANCE RIGHT FROM THE FEDERAL LEVEL DOWN TO THE STATE AND LOCAL GOVERNMENT.

The federal government in Abuja FCT is taking too much responsibility upon its shoulder such duties should be constitutionally devolve to the states.

What is federal government doing with Agriculture and ministry of water resources when it has no land apart from Abuja?

What is federal government doing with Vat collection the current burning issues when she is not the state that generated such revenue?

There is too much money at the centre and the centre is not generating these funds.

Federal government should narrow itself to immigration matters, customs, police, army, navy, civil defence and other para-military institutions.

National Legislature and state legislature should be run on part time.

With a drastic cut on the cost of governance the drop in the earning of most states in Nigeria especially in the northern states can be managed.

Practise true federalism and fiscal federalism.

Set up industries that will create jobs for unemployed graduates in Nigeria.

Develop the power sectors.

Address insecurity challenges throughout Nigeria.

Fumular one driver also attacking each other codedly.

The same way footballer injure opponent footballer on the football pitch.

Human being trying naughty tricks to gain advantage.

But it is not all the time you get away with such mannerism like in the case of Max Verstappen.

Max Verstappen is a BELGIUM DUTCH.

We also have BELGIUM FRENCH in that country.

TINUBU HEALTH CHALLENGES IS COMING AT A TIME THE BUHARI CABALS HAVE SIDELINED HIM FROM THE RACE FOR THE PRESIDENCY.

They seize the party machineries and kept it under the full control of a serving governor of Yobe state, Alhaji Mai Mala Buni.

The Buhari cabals will be happy to see Tinubu caged in London by virtue of his falling health.

Positivepoint:
Value added tax is paid by the consumers of manufactured goods at the point of buying good or service not by the manufacturers of the goods and services.

The population of the north gives north an advantage as huge consumers.

U should first understand what vat is before u make such comment.

It is the past military government that made this possible for the north as the key officer that form the government were of northern extraction the rest of our people in the military that is those from the southern part of Nigeria was FOLLOW FOLLOW ( according to Fela )

They just use our people to make up the number after their key military officer from the north have met with the sultan, and other royal emir.

The sultan and emir from the north tell their senior military sons to take decision that favour their region.

Imagine Late General Sani Abacha creating 44 local government in the then Kano state meanwhile, Bayelsa state that is crude oil producing and contributing to vat only have 8 local government.

Is this fair to all part of Nigeria?

INJUSTICE PLENTY FOR NIGERIA.

It is not today that it started, It has been the norm since time immemorial.

There should be TRUE FEDERALISM AND FISCAL FEDERALISM.

When states control their resources nobody will feel bad.

ROBBING PETER TO PAY PAUL as mentioned by governor Wike will not arise.

It is what your land and effort give to you that you use to develop your area.

If you promote banditary, kidnapping in your zone or state you TAKE AM AS YOU SEE AM.

sirp9898:
So no one is calling it southern killing because it is Igbo something but when it will happen to other southern states you should be rejoycing the way you are rejoycing now.ok

Biafra is not clearly understood with the way the Igbos are going about especially from a non Igbo perspective.

They should reform it's military operational apparatus.

Maybe adjust it to the non violent Sunday Igboho model.

Many Igbos sons and daughters especially their young ones are dying needlessly.

While others are in police cell awaiting trials.

While the south south middlebelt and south west wish these killing never happened.

THE IGBO SHOULD REMODEL the Biafran struggle and the ESN, IPOB to make way for non violent struggle.

ESN and IPOB should also stop the attack
On police formation in south east which is for killing of police officer s.

Buckeyemedia1:
More accountable to who, how much IGR was realized by your state for the last 5 years, what was it spent on, can you tell me? Even if I gave you 3 months to provide evidence you wouldn’t? Your jargon response just reiterated my point you think all these your chasing shadows is hurting President Buhari?

Chasing shadows mocking yourselves? The States shouting we want to go it alone are the states in which the Federal Government has invested heavily in the past? Rivers & Lagos State most especially, NDDC just dashed their former HQ to Rivers State, What Federal infrastructures has the Federal Government got in your State’s capital city?

Selfish elements, what most of you ignorant peeps don’t know is that 85% stays with the state, 50% State, 35% Local Government, remainder 15% FG, What is the noise about, isn’t Nigeria one country?, don’t we have southern Nigerians that school, live & work in the North?, Lagos Kano, Kaduna Lagos are sold out flights everyday.

As long as this proposed vat ruling get rid of the parasitic northern Nigeria the core north to be specific.

I am okay with it.

The fundamental thing we in the south are driving at is true federalism.

Leave corruption fight or argument for a latter date

Donaluta:
No be this woman them say na rotimi amaechi dey friend am that year .. weh him dey buy house for... Anyway not my biz

FEMI FANI KAYODE was the whistle blower as at then.

He told social media busy body people that already married Ex-governor of Lagos state was dating Mo Abudu.

There was denial from the parties but the matter later died.

The same way federal officials leak to the media the alleged relationship between President Muhammadu Buhari and Ms Farouq Sadiya, Minister for Humanitarian Affairs and disaster management.

The implications of this vat judgement is that oil companies with headquarters in Lagos but their oil operations in Niger Delta will be forced to pay their vat in the state they are extracting mineral resources.

Not we're they have their corporate headquarters.

Good move by the Jigawa state government.

Other northern states should key in.

Good for peace, progress and development.

Thank God Jigawa state is copying Kano state to set up grazing reserve in Jigawa state.

That is how it should be done.

Giving the herdsmen nomadic education is good but their young herders should be send to the normal primary and secondary school.

Nice move.

At least the north.

How does Tonto Dikeh make money from Instagram?

Does she sell a product online?

Who can explain to the house including yours truly.

Beautiful woman.

Enjoy your leisure time.

Congratulation on his wedding anniversity.

How time flies?

Also, My condolence to him over the loss of his brother a pharmacy student of the Igbenedion univesity Okada who was killed ny fulani kidnapper on his journey from Edo state.

It is painfull loosing a brother.

Life will never be the same again with him suffering such a heavy loose.

May the God Almighty continue to strengten Omoyele Sowore and give him strength to fight for justice for the common man in the street.

GOVERNOR NYESOM WIKE OF RIVERS STATE HAVE SET THE BALL ROLLING WITH THE VAT JUDGEMENT currently in the federal court.

Let other states governor support his move and Nigeria will be made better for us all.

The north is afraid of restructuring and true federalism.

The south must continue to take their fears away and push them to believe in their own ability.

wopoce:
I suggest you take some time off social media after kpokpo garri must have shown you something light.

You live to fight another day

You dey call KPOKPOGRI

KPOKPO GARRI

Just wait Isoko people will come after you with sharp cutlass.

Unidentified gunmen on Friday night ambushed and murdered Obi Alex Edozieuno, the deposed traditional ruler of Mkpunando in the Aguleri community in Anambra North Local Government Area of Anambra State, and his chauffeur.

Obi Edozieuno was one of the 12 monarchs suspended by Governor Willie Obiano last year, for accompanying an oil magnate, Prince Arthur Eze, on a visit to President Muhammadu Buhari, without permission from the State government.

The traditional ruler’s vehicle was said to have been ambushed by the assailants at Otuocha in the Anambra East Local Government Area of the State on Friday.

Anambra State Police Public Relations Officer, Ikenga Tochukwu, confirmed the killing of the monarch and his driver

“He described the incident as man’s inhumanity to man and ordered an immediate investigation of the incident.

“Preliminary investigation reveals that the victims, one Mr Alex Edozieuno, 62yrs old, a former traditional ruler of Nkpunado Community Anambra East LGA and his driver Chukwuemeka (other names yet to be identified) were attacked by suspected gunmen by 10am along Ezu bridge, Otuocha,” he said.

Tochukwu added that the Command has recovered a Lexus 470 with plate reg. No. Aguleri-1 belonging to the deceased.

The Police Spokesman noted that some expended ammunition were also recovered from the scene of the incident by detectives.

He further added that the remains of the victims have been deposited at a morgue awaiting further investigation.
https://independent.ng/just-in-gunmen-ambush-kill-anambra-monarch-chauffeur/

This case is a case of Igbo against Igbos.

Anambra state had not known peace during the Umuleri and Aguleri communal crisis.

Traditional title tussle here and there and with its attendant killings.

RIP TO THE DEAD.

SHARE MONEY ARRANGEMENT BY THE FEDERAL GOVERNMENT is becoming obsolete.

Let each state work hard and get the benefit of such hard work.

Sharing Rivers state or Lagos state VAT earning to poor, lazy and idle state is not supposed to be the best way.

States in Nigeria should start having a plan B arrangement by putting a workable internally generated revenue plan.

NORTHERN STATES SHOULD DEVELOP EDUCATION AND TECHNOLOGY ESPECIALLY IN THE AREA OF AGRICULTURE.

GOVERNORS FROM LESS ENDOWED STATES SHOULD STOP DAY DREAMING ABOUT CRUDE OIL MONEY.

Stop the cap in hand movement to Abuja to get funds for development.

It is the internet busybody that will continue to DRINK PARACETAMOL over their own family matter.

Even Tuface ( 2baba ) spoke on the need for the public to respect the boundaries as far as his family matter is concerned.

It seems to me that the couple just partially separated.

I think they will still come together.

I do not see Annie taking the risk to go for a divorce.

Considering her background she can not afford to take such a risk.

LET US CONTINUE TO WATCH THE COUPLE.

PRESIDENT BUHARI WITH ILLICIT BORROWING !

SENATOR AHMED LAWAN is blinded by northern loyalty and respect for President Buhari and he keeps approving every loan request from President Buhari.

Senator Lawan failed to realise that his name will be called out someday as a principal figure who helped in condoning and supporting President Buhari government to take huge loans without a proper plan on how the funds will be spent.

Senator Lawan has no excuse to exonerate himself from this reckless attitude of the Buhari government and he should join Buhari to pay back the money to the lender when the time comes.

It is not every loan request that senator Ahmed Lawan and his collegues in the hallowed chambers of the national assembly must approve.

They must debate these loans, question it relevance and refuse their assent when it fails the viability test.

The senate must spend time to discuss the viability of these loans especially in the areas the money is to be spent on.

Buhari is so ethnicized that he will use Nigeria to borrow money but he will spend the money on his own northern region especially in fulani areas.

There is no harm in taking loans so long as the vision is there to produce the result that can lift Nigeria from the present economic challenges.

Foreign countries including the industrialized countries do take loan to meet project demand.

But when a leader of a country is a DAFT without a sound economic idea like the person of President Muhammadu Buhari it become worrisome for a country like Nigeria.

I will continue to fault President Buhari on the way and manner he goes about borrowing from China and European government.

THE COST OF GOVERNANCE IN NIGERIA IS TOO HIGH OF WHICH IT SHOULD BE REDUCE TO ITS MINIMUN..

POLITICIANS ARE PLUNGING CHILDREN UNBORN IN NIGERIA AND COMING GENERATION TO NEEDLESS DEBT.

Senator Ahmed Lawan must become a statemen to challenge Buhari on these illicit borrowing of money from foreign countries.

Buhari is not making progress with the borrowed fund as gross mismanagement of the loans money has become the order of the day.

Thievery, stealing and looting of public funds is taking place with Buhari not educated enough to know the magnitude of the stealing of public fund.

BUHARI IS IN HIS LAST STAGE IN OFFICE.

Just less than 2 years is remaining in the life of the Buhari government and I am wondering what is the relevance of these loans when the government is at its last stage in office.

Will these funds that is proposed to be borrowed not enter the bank account of senior federal government officials and their political cronies?

President Buhari and the Minister of Finance, Budget and National Planning, Zainab Ahmed should tread with caution.

FEDERAL GOVERNMENT IS TAKING TOO MANY LOANS AND GETTING NIGERIA HIGHLY INDEBTED.

NIGERIAN NAIRA NOW EXCHANGE FOR N550 TO A USA DOLLAR and the federal government is not thinking of generating adequate electricity that will create and sustain industries and support job creation.

Chimamanda is going places.

I once saw her with the British monarch, Queen Elizabeth.

Now she has continued meeting with top personalities around the world such as current german chancellor, Angela Merkel.

In Nigeria, we underestimate arts and literary studies and places too much emphasis and priority on engineering, medicine and business management.

Parents frown at their children going to read history, english language, communication arts, french languages, literature studies.

But Chimamanda is taking this course to break new grounds and meet top people of the world.

Little did we know that the literary arts that we so UNDERVALUED can take us places depending on the circumstances.

SO PARENTS IN NIGERIA DO NOT REPRIMAND YOUR SON OR DAUGHTER BECAUSE HE OR SHE INTEND TO STUDY LITERATURE, ENGLISH LANGUAGES AND OTHER LITERARY SUBJECTS.

Every Nigerian scholar or graduate can not be a medical doctor, pharmacist, engineer or Business administrator.

Footballers and other celebrated sports man whether International based or locally based should behave responsibly.

International footballers should not be carried away by fame and money.

An unchecked behavior risk making them act foul of the law.

Etim Esim a Nigerian footballers comes to my mind.

He was a great footballers in the late 80s and early 90s and his rising football career as at that time took him to Belgium where he settled to practice his footballing trade.

In that period of 80s and 90s was the time African footballers have their first stints of international football and Belgium and Holland offered the opportunity to fast rising footballer.

Nigeria' skipper and Captain, Late Steven Keshi
was among floods of African footballers who exploited the opportunity offered by clubs in Belgium long before rising football star as at then joined in.

Late Captain Steven Keshi moved from a club in Ivory Coast and joined a Belgium club where he continued playing the round leather game.

To cut long story short, Etim Esim was accused of rape in Belgium.

He fled Belgium for Nigeria maybe thinking that fifa rules will not stop him from continuing with his playing career in Nigeria.

But that was not to be.

He sought help from the late MKO Abiola ( pillar of sports.

The Etim Esim story should teach sports men and women the need to act responsibly.

Sometimes, this issue does not center on rape alone but on other fraudulent conduct.

Like in the case of Samson siasia who was charged by fifa for which the footballers is suing fifa.

engrfaruq:
What of Yousef?

Yusuf is a Muslim and that will affect his progress.

There are some dos and don't revolving around him.

I hope she will not run to Saudi Arabia to ply her medical profession?

Dokita !

Congratulate O !

What is governor Obaseki of Edo state and Prof. Ben Ayade of Cross Rivers state still waiting for?

Federal government has no interest in managing agriculture.

They should concern themselves with immigration, customs, police, army and foreign affairs matters.

Going to acquire land in those state is Ruga in disguise.

emrain:
Time to scrap the 13% derivation principle. Every oil-producing state should manage and control its resources just as VAT is becoming state bound.

The north is so focus on the crude oil money while they fail to develop their agricultural based to international standard.

Majority of the youth in the north are illiterates without basic education.

Single Father !