₦airaland Forum

Lithiumite:
That's what the tinubu reform is trying to bring about but haters want the reforms discarded because it is coming from tinubu,the man they hate so much for defeating them at the polls.......not looking critically at the document to see it would benefit everyone better.....but they don't care,the country can as well burn to the ground.

Correct. However, "He who goes to equity must go with clean hands". The general fear and unacceptance of the proposed tax reform bill is as a result of lack of trust.

Currently, there is unrest in the oil sector, and fingers are pointing at Tinubu's family (OandO and Co) of subtly positioning to take over oil industry in Nigeria. Right now, important economic positions and appointments are giving to Tinubu's inner circle members. And Knowing Tinubu's antecedent with tax issues (AlphaBeta/Lagos state), the fear is that Tinubu's tax reform is one of the schemes majorly for himself, no matter how lofty it may appear now.

Therefore, there is need for thorough review and consultation before accepting a reform that would end up enriching one individual and his family at the expense of our common wealth.

Lithiumite:
It makes no sense for any major commercial bank to have their hq outside Lagos and it equally makes no sense for oil companies to have their HQ outside the niger delta....the major reason that isn't the case for the latter is majorly due to insecurity and hostility of the communities in that region,dangote refinery being the most recent..... construction companies also bears the brunt as it cost more to work in the niger delta not majorly because of the terrain in some cases but the hostile attitude and demands by the commuinities.

Then let the government share the VAT proceeds equally to all the contributors (producers, administrators, consumers etc), instead of giving the lion share to Lagos state just because of hosting the administrative offices of these companies.

AguluLiar:
Jagaban is the Conqueror of Obi and his illiterate blodas

Jagaban is the drug lord of his junkie followers.

NNPC in the mud. You think Dangote is Nigerian looters ATM (treasury) that you have looted for the past 3 decades via refinery maintenance, oil importation and fuel subsidy.

Since Dangote refinery came on board, NNPC has being playing the usual dirty games to frustrate it, and sold the dummy to the gullible public that Dangote wants to monopolize oil sector. NNPC can now continue with fuel importation, while Dangote import crude oil. Game on.

For those who swallowed the baits from NNPC and its corrupt affiliates to blame Dangote of oil sector monopoly, you can now tell your friends and family members to build refineries, buy cheap crude oil from NNPC, produce fuel locally, and sell cheaper than the current NNPC controlled fuel price. Let Dangote breathe.

Long overdue

Lithiumite:
If those regions were conduceive for those oil companies to stay,they surely will,I bet you were to young or wasn't even born when shell was head quartered in warri,delta and mobil was in eket,akwa ibom before hostilities from the locals drove them out..... dangote refinery was also initially billed to be sited in the niger delta before he ran away with his capital to Lagos.

You don't know what you are talking about. Operational bases are different from administrative offices. Lagos state, being the administrative headquarters of Nigeria then made it attractive for all the the big companies in Nigeria to locate their head offices there. As we speak all the banks in Nigeria have their head offices in Lagos state. Does it mean that all the states in Nigeria are hostile to host banks head offices except Lagos state?

Welcome to Nigeria. Same mode of operation: Grab it, snatch it, and run with it. In the end, the Supreme court would decide the case in his favor.

Lagos: N249.77bn

What did you expect when all the important companies in Nigeria have their head offices in Lagos, and pay VAT there, instead of their production and consumption bases?

Just imagine oil companies exploring, drilling and doing oil transactions in Akwa Ibom State, but go to Lagos state to pay VAT just because their head offices are in Lagos. It has always being a lopsided arrangement to cheat the minority.

At the end, you would hear some illiterates telling people from other regions to leave Lagos, and go back to their states not knowing that majority of the development in Lagos came from those states.

This speech is just intro to ask for loan. At the end of this summit, you would hear the end of the speech ($9.7B loan secured for youth empowerment in Nigeria)

...desperate to leave the UK and travel to Nigeria.

This life no balance

Yes now. What else is more important than agriculture in this present economy in Nigeria to have SSA?
And is there anything wrong in specifying the sector of agriculture (yam , pepper and garden egg ) to develop if those are the crops that do well in the LGA?

To all the men in Nigeria, working hard to put food on the table in this hard times, may God bless your endeavors. You are celebrated.

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Happy birthday, boys. Remember, together you stand, but divided you fail.

Richtaiwo:
Personally, I support this continued importation by NNPC. Dangote's body language appears to me like an unrepentant capitalist alway in a hurry to exploit every opportunity.

NNPC is in charge of selling Nigerian crude oil. The price that Dangote buys crude oil from NNPC determines the price of the finished products for consumers.

This is the same NNPC that owns 7.5% shares of Dangote refinery. This is the same NNPC that owns 3 refineries in Nigeria, but non is functioning despite receiving billions of dollars for mentenance. Also, despite the fact that Dangote refinery has enough products for consumers at the price that is determined by how much it buys the crude oil from NNPC, NNPC is still bent on importing.

Of course, importing petroleum products in the past 3 decades by NNPC has being the major means of looting the treasury. Now they want to make it look as if Dangote has being the one causing problems in the oil industry in Nigeria so they can keep importing and looting.

When will the citizens of this country revolt to chase away these cabals who have stolen our common wealth for so long, or at least stop supporting them? Is it until when the oil wells all dry up, and the looters stay super rich, while the common man keeps eating from the trash can?

All what they know how to do is to manipulate statistics to favor their propaganda. You can grap it, snatch it, and run with it to occupy ASO rock, but when economic reality sets in, you'll keep dishing out more propaganda to deceive your gullible followers. Every sane person knows that Nigeria is in severe economic depression due to the corrupt and incompetent leadership. Now it's about rebasing GDP when they have no true developments to show for it.

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Wow. More to go down.

Be resilience. What doesn't kill you makes you stronger. If you survived Buhari's 8 years of hardship, this one too will come and pass.

Succession plan on course. Congratulations.

Nuzo1:
Why should he rest? Is he a cripple?

Or is it Jake that fights in exhibition matches that doesn’t need the money?

You guys are the ones to rest.

Sure, they both needed the money, but age isn't on Mike Tyson's side. Very risky to go on a competitive fight at that age.

INEC is an offshoot of the corrupt leadership in Nigeria. As long as corruption persist, INEC, and other government controlled entities will continue to perform below the expected standards.

Reforms are not working because they're overwhelmed by corruption.

More like father and son fight. Mike Tyson needed the money. He can rest now.

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Welcome, baby boy!

bigfoot79:
Musk doesn't support Ukraine. He will not favour Ukraine under Trump

So unfortunate how many of you have opinions for what you basically have zero knowledge of. Without Elon Musk, Ukraine military would have gone under heavy defeat by Russia long ago. Russia had succeeded in blowing up, tapping, and sabotaging telecommunication lines of Ukraine war front. Elon had to come to Ukraine's rescue by providing free Starlink telecom systems where Russia can't compromise. Does that sound like Musk doesn't support Ukraine?

All that Elon is calling for is an end to the conflict by peaceful negotiations to avoid waste of more lives.

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