That is bad. is it there call or na their data i dey use.

kk

.

They will soon tax us for breathing,this wouldn't be a problem if this was a sane country, the government has refused to perform it's duties to its citizens yet it wants to increase the yoke of its citizens with more taxation with the economy taking a nose dive into recession, smh, well na we all go suffer am,wailers and zombies alike, PS; I am a confirmed wailer and would like to use this opportunity to solicit for more members for our club, all you need is to fill a bucket with tears, and an acceptance fee of $10,000 rose2014, your attention is needed, I might not be able to attend to all the new members alone,I need a hand here abeg

.

Piuscrown:
My mind is out of this country. Patapata.
So i will graduate now, start working, and those people will collect everything. Instead of looking for ways to make information cheaper, they looking for ways to make it cost, didn't they know the value of information in national development?

they dont kw cos dey r dullards

Looking at this gist from the "5%" angle.... man you will realize why am not surprised


I don't speak for 95, they already concluded it's the best thing to happen to this country
Lemme come and be going before they wake up.

chai!!!!!!!!!!!!!!

ericuzor:
By Naomi Uzor
Speaking at a stakeholders’ meeting organised by the Lagos Chambers of Commerce and Industry, LCCI, on CST bill which seeks to levy nine per cent on subscribers for the use of the various communication services, Shittu said the outcome of deliberations on the bill would form the basis of his advice to the President.

The services include voice call, SMS, MMS, Data usage from telecommunication service providers, internet service providers and Pay TV Stations.

He noted that introduction of new taxes without harmonising existing ones would put pressure on the country’s tax system thereby making it unattractive to investors.

According to the minister”This may also be counter-productive in the long run for our targets on broadband penetration. Our ICT Roadmap gives fresh impetus for implementing existing policies and reviewing any that is inimical to the growth of the sector. My focus on any tax regime will be to align any process that will stimulate the economy and also ensure that the tax system is efficient by widening the tax net. It is also to create an effective framework for tax compliance to protect the poor and vulnerable in the society who nonetheless have to use telecoms services for social inclusion and financial services.”

He said that the government’s efforts at increasing its revenue made the bill worthy of consideration.

“I have been reliably informed that the projected earnings from this effort is over N20 billion every month, which is an attraction to the government for funding our budget deficits. I must be quick to say that this government has a human face twined around its decisions,” Shittu said. The minister said that the government would provide an enabling environment for the ICT and telecommunication sector to thrive through the enactment of relevant legislation.

Mrs Nike Akande, President of LCCI called for a friendly tax environment especially in view of the difficult business environment.

“We know that the government is seeking to diversify its revenue base in the light of dwindling oil revenue. But it is also true that the private sector players will like to see an investment friendly tax environment, especially in the light of the prevailing high cost of doing business in the country. It is important to balance these two positions.”

Mr Bimbo Atilola, Chairman, LCCI Taxation and Commercial Law Committee said that the bill negated the principle of neutrality in taxation, as it would affect consumers’ behaviour through reduced spending. He appealed that the passage of the bill be suspended to allow for rapid growth of the telecoms sector, in line with the Nigerian National Broadband Plan.

“If the bill must be passed into law, NASS should make the telecoms sector exempted under VAT Act and the rate reduced from nine per cent to five per cent. There is a need to protect the ultimate interest of the final consumers of the service,” Atilola said.

Mr Taiwo Oyedele, Partner, PriceWaterCoopers said that the N20 billion monthly projected revenue from the bill was unrealistic and based on assumption.

According to him, increased taxation will reduce the consumption pattern of consumers, lower investment in the sector, thereby translating to reduced revenue.

Mr Teniola Olusola, President, Association of Telecommunications Companies of Nigeria (ATCON) said that their members were overburdened with multiple taxation.

He urged the government to discontinue the bill, adding that it would reduce inflow of FDI into the sector, reduce subscribers level of data consumption and affect contribution of the sector to GDP. Engr Gbenga Adebayo, President, Association of Licensed Telecommunication Operators of Nigeria (ALTON) said that the bill if passed into law would retard the growth of the sector.

Source: http://www.vanguardngr.com/2016/08/nigerians-pay-9-tax-calls-sms-mms-data-others/

they will soon tax our shit. a won oloburuku eniyan, every day things thru increase and say they are fighting corruption. continued God is watching all of you in 3d

dis pple ehn nawa for dem, so dis govt want to turn d masses to crude oil nd milk dem dry, jst like dey did to oil... this is the real change.

ericuzor:
By Naomi Uzor
Speaking at a stakeholders’ meeting organised by the Lagos Chambers of Commerce and Industry, LCCI, on CST bill which seeks to levy nine per cent on subscribers for the use of the various communication services, Shittu said the outcome of deliberations on the bill would form the basis of his advice to the President.

The services include voice call, SMS, MMS, Data usage from telecommunication service providers, internet service providers and Pay TV Stations.

He noted that introduction of new taxes without harmonising existing ones would put pressure on the country’s tax system thereby making it unattractive to investors.

According to the minister”This may also be counter-productive in the long run for our targets on broadband penetration. Our ICT Roadmap gives fresh impetus for implementing existing policies and reviewing any that is inimical to the growth of the sector. My focus on any tax regime will be to align any process that will stimulate the economy and also ensure that the tax system is efficient by widening the tax net. It is also to create an effective framework for tax compliance to protect the poor and vulnerable in the society who nonetheless have to use telecoms services for social inclusion and financial services.”

He said that the government’s efforts at increasing its revenue made the bill worthy of consideration.

“I have been reliably informed that the projected earnings from this effort is over N20 billion every month, which is an attraction to the government for funding our budget deficits. I must be quick to say that this government has a human face twined around its decisions,” Shittu said. The minister said that the government would provide an enabling environment for the ICT and telecommunication sector to thrive through the enactment of relevant legislation.

Mrs Nike Akande, President of LCCI called for a friendly tax environment especially in view of the difficult business environment.

“We know that the government is seeking to diversify its revenue base in the light of dwindling oil revenue. But it is also true that the private sector players will like to see an investment friendly tax environment, especially in the light of the prevailing high cost of doing business in the country. It is important to balance these two positions.”

Mr Bimbo Atilola, Chairman, LCCI Taxation and Commercial Law Committee said that the bill negated the principle of neutrality in taxation, as it would affect consumers’ behaviour through reduced spending. He appealed that the passage of the bill be suspended to allow for rapid growth of the telecoms sector, in line with the Nigerian National Broadband Plan.

“If the bill must be passed into law, NASS should make the telecoms sector exempted under VAT Act and the rate reduced from nine per cent to five per cent. There is a need to protect the ultimate interest of the final consumers of the service,” Atilola said.

Mr Taiwo Oyedele, Partner, PriceWaterCoopers said that the N20 billion monthly projected revenue from the bill was unrealistic and based on assumption.

According to him, increased taxation will reduce the consumption pattern of consumers, lower investment in the sector, thereby translating to reduced revenue.

Mr Teniola Olusola, President, Association of Telecommunications Companies of Nigeria (ATCON) said that their members were overburdened with multiple taxation.

He urged the government to discontinue the bill, adding that it would reduce inflow of FDI into the sector, reduce subscribers level of data consumption and affect contribution of the sector to GDP. Engr Gbenga Adebayo, President, Association of Licensed Telecommunication Operators of Nigeria (ALTON) said that the bill if passed into law would retard the growth of the sector.

Source: http://www.vanguardngr.com/2016/08/nigerians-pay-9-tax-calls-sms-mms-data-others/

I'm paying N50 to cherge my phone every day and u want to impose 9pecent tax on thesame phone Gmb fera God ooo.may God forgive me for voting gej out of power.

The telcos should find a way to factor it in their current pricing schedule. After all, the monies they've been deductible given illegally plus call drops money should cover all that jaaaare

Even With These Overlapping Taxes, The People Aren't Getting Any Quality From The Government Yet They're Doing Everything To Further Stifle The Common Man. Nigerians Are Suffering From All Fronts, Minimum Wage Has Remained Unchanged, Prices Of Commodities Have Skyrocketed, But Buhari And His Gang Are Only Determined To Finally Ground This Country.

Why can't this govt just pity we the masses. The major stakeholders have spoken about the adverse effect of this taxation policy.
It's uncalled for, this burden is getting too much everyday

too much tax na dey kill italy so oh! nearly all d whole companies don run to Poland, Romanian etc becuz of to much tax. if Italy government tax u meh ur skeleton fit run commot ur body! UK dey learn. so make 9ja government wise up oh 4 our already dead economy.

ngeneukwenu omenka modath dropshot
Buhari is on a right track

Taxing my lin credit again?? Wetin be all this one naaaa!!!! Dis President is pushing us too far!

In lagos we've been paying to urinate especially when you're at Ojota and some other areas, so I'm not surprised. Very soon we'll be paying for sunlight, rainfall, moonlight, oxygen....welcome to mars

Idiots... Even the west knows that Nigeria is in recession, so were is the money to be paying for tax.

Awon eleribu!

All the tech companies in Nigeria are still trying to catch their last breath, then this? Am sorry for jumia, konga, yudala, printivo, and all the tech companies that were enjoying them selves during the time of PDP. But if any of them voted for an old man, then shame on them.

Mr Taiwo Oyedele, Partner, PriceWaterCoopers said that the N20 billion monthly projected revenue from the bill was unrealistic and based on assumption.

This guy just busted their lies.
Thumbs up PwC

They voted.... Some out of greed and envy, others out of ignorance. Regardless of dia different voting motives, they've all landed in the same 'hot soup'. Smh for the nigerian electorate.

Basic Economics 101: When an economy is down or in recession, you reduce tax to increase consumer spending.

Einl:
Basic Economics 101: When an economy is down or in recession, you reduce tax to increase consumer spending.

True, but only GOD knws the kind of ppl we have at the helm of affairs. We hardly knw where they tink from. Is it from the head or elsewhere?

Turks:
Kuku Tax us for being alive

very funny & I can't just stop lafin. U av just made my day.

Tax,levies everywhere. If Nigerian government is God, Nigerians will be paying tax on/for the air God giveth.

lonelydora:
I regret supporting and voting for Buhari. He has nothing to offer. Confused government.

centmichael101:
Buhari the tax collector

Lajet:
The keep on increasing everything and Zombies keep on supporting this corupt government .there's no policy Apc have make for the interest of common man instead the are increasing hardship in the country

jd3trice:
This is totally unacceptable! This guys should know that 2019 isn't far away if they continue this way.... Beauty of democracy.

cekhoe:
They will soon tax us for breathing,this wouldn't be a problem if this was a sane country, the government has refused to perform it's duties to its citizens yet it wants to increase the yoke of its citizens with more taxation with the economy taking a nose dive into recession, smh, well na we all go suffer am,wailers and zombies alike, PS; I am a confirmed wailer and would like to use this opportunity to solicit for more members for our club, all you need is to fill a bucket with tears, and an acceptance fee of $10,000 rose2014, your attention is needed, I might not be able to attend to all the new members alone,I need a hand here abeg

Well, I am not a zombie, or a wailer, but I can see the sense in government charging taxes on calls.

You see....today, oil prices are now $50 per barrel, and not too long ago they were $29 a barrel. In 2013....oil was $112 per barrel.

That means every barrel of oil we sell in Nigeria now....we are earning $62 less than we earned in 2013.

And oil sadly is our main source of revenue (and don't start singing agric. Agric is not the money spinner it once was. Neither is mining).

And if you recall.....we do not control the price of oil (Or for that matter cocoa,palmoil , groundnut or cotton. Or solid minerals).

When the source of your revenue goes down.....you have to look for other sources of revenue. it takes time to diversify.....ie YEARS. Meanwhile,we need the cash now to pay salaries,build things, keep subsidizing education and so on.

So taxes have to go up.....and new ones have to be found.

Or we take a loan from the IMF ......AND use the money to keep on pretending all is well.(We still have to take loans from the IMF).

And here is the cold reality. Oil is not going to rise again , and we cannot diversify into agric or mining because prices there are low too.(Most agric dependent African countries have their budgets written for them by international aid agenices You want that?)

Nigerians.....we are paying the price for years of relying on oil. And the only way out is more austerity measures....so that we can have the cash to fix the lights and transport...so that we can become industrial Not selling raw materials like this APC govt and their PDP predecessors and most of their Army precursors did.

So stop wailing, stop zombeisim. and face the fact. We are not a rich nation. This oil price fall has shown us the truth. And an oil price rise is not the answer to our problems.

Pay your taxes .THERE IS NO NATIONAL CAKE.

A whooping 9% percent tax rate! On services that even in their very existence are overtly poor. This government Rilly wants to make life difficult and pretty hard for Nigerians, and very soon it will become an "investor no fly zone" if adequate feasibility studies ain't effectively carried out before taking up some plans...One doesn't just wake up in the morning and suddenly say we want to do this and this cos its profitable or bla bla...in every decision taken, the long term implication must always be taken into cognizance.

This should be the best time to truly appologize to Mobuch! Chai! The guy fought me so hard over buhari, despite not voting ,I even supporting this Buhari, I am truly regretting , not just regret, the greatest regret of my life since 2004....

Why can't God do the needful, anyone who says we will see hardship should be recalled to heaven. You did that of abacha nah.

Barawo katumu banza APC govt !