This thread is on the 2nd page am not a single supporter of this tax! I hail Nigerians! You want Nigeria to be developed but you don't want to pay the price! What do you people think was used to develop UK, USA and other developed countries? VAT in UK is 19%! Nigeria rank in the lowest 10% in Taxes collected as a percentage of GDP! Soup wey sweet, na money kill am. Let's do our part and hold our leaders accountable. I believe Nigeria will b great.

Quakertellicus1:


Yeah,, them oil price is not high like it used to be

Fact is....we are a poor nation. When oil price was high...we paid no taxes.

Remember how Sanusi Lamido Sanusi removed ATM charges? (and even his enemies hailed him). Well....back then oil was above $90 per barrel. We could afford to do that as a result.

Remember when Emefiele brought it back? Oil was on a downward trend then. We could no longer afford to stop taxing ATM cards like we used to.

When a country's main revenue earner loses cash.....you have to start raising the taxes. And every oil producer is doing it.

We cannot afford subsidy. Sorry....but it is the price we pay for relying on oil.

Our problem has never been oil price. Our main problem has been lack of leadership. Why would they keep taxing the citizens while they maintain their extravagant allowances? The president has N1.7B food budget, too many private jets, so many perks of office, senators earn too much for doing nothing other than to pad budgets.
First, the president should reduce his food budget to N100m, sell of those jets, sponsor bills that would mandate public office holders to earn like civil servants, no more jumbo allowances etc then we can talk about more tax for the citizens. We can't be funding these idiots in power.

Very lazy got using basic economic principles in these crucial time.

Very lazy got using basic economic principles in this crucial time.

metalDETECTED:

What do you have to say to the government that has not done any visible project with taxes they have collected so far? Are you this hollow? Who doesnt know the crap you put up there? You are comfirmed and card carrying zombie

don't mind that guy,he refused to ask the government a very important question, what have they done with the taxes they collected so far ? collecting taxes from masses to pay the fat cat politicians salaries.

mfm04622:
This thread is on the 2nd page am not a single supporter of this tax! I hail Nigerians! You want Nigeria to be developed but you don't want to pay the price! What do you people think was used to develop UK, USA and other developed countries? VAT in UK is 19%! Nigeria rank in the lowest 10% in Taxes collected as a percentage of GDP! Soup wey sweet, na money kill am. Let's do our part and hold our leaders accountable. I believe Nigeria will b great.

Read my reply to the guy below your comment and see why.

The only thing way remain now, na to tax us for the air we breathe.... Nonsensical government

nextstep:


You can always move to the US where:

- federal takes 20-30% income tax
- states take 5-10% income tax
- most states then charge 5-10% sales tax (goods and services)

so you might end up paying 50% of your earned income in taxes of one form or another.

Then the same governments turn around and charge income tax on the profits those companies made selling you a product or service.
If you through the cycle several times, you'll realize that almost 80% of all money is eventually paid as tax to government. Only 20% goes to the actual cost of production.

It's not possible to pay 50% of your earned income as tax unless you're a high net worth individual. That aside, the economy allows you to earn money as far as you're ready to work. In Nigeria people work without being paid and our minimum wage is a joke. If govt is really serious about the revenue drive then, they should introduce property tax to cover those that have more than one house, car etc.

Quakertellicus1:







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.

The informal sector is under taxed. How many artisans, traders, herdsmen, farmers, etc pay their taxes?
So many companies don't report their true earnings just to avoid paying their taxes.

Telecoms tax shows that this government is even more clueless than we had imagined.

The FIRS guys should work hard and expand the tax base of this country, Fowler did a wonderful job in Lagos. I believe hes a technocrat and knows how to expand the tax base of Nigeria.

Simple economics dictates that when in recession you don't increase taxes.

Saintp:


Our problem has never been oil price. Our main problem has been lack of leadership. Why would they keep taxing the citizens while they maintain their extravagant allowances? The president has N1.7B food budget, too many private jets, so many perks of office, senators earn too much for doing nothing other than to pad budgets.
First, the president should reduce his food budget to N100m, sell of those jets, sponsor bills that would mandate public office holders to earn like civil servants, no more jumbo allowances etc then we can talk about more tax for the citizens. We can't be funding these idiots in power.

Good points you raised here. We can't afford to fund the extravagant lifestyle of our govt officials anymore. I believe the way forward is for the masses to stand up to them and say no to their excesses. The masses should decide what they can afford to pay govt officials. #1.7billion as feeding allowance for the presidency is just insane.

The Zoo is crumbling.

Should I be surprised, NO!

I. EXPECT MORE TAXS BEFORE 2019.

just to ensure that there is enough money to feed politicians, now that padding is not corruption.

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

and what makes you think this is a democracy?

signz:


The informal sector is under taxed. How many artisans, traders, herdsmen, farmers, etc pay their taxes?
So many companies don't report their true earnings just to avoid paying their taxes.

Telecoms tax shows that this government is even more clueless than we had imagined.

The FIRS guys should work hard and expand the tax base of this country, Fowler did a wonderful job in Lagos. I believe hes a technocrat and knows how to expand the tax base of Nigeria.

Simple economics dictates that when in recession you don't increase taxes.

listen to yourself artisans and traders don't pay taxes, so Where does the money collected my those agents go to, a trader in some markets pay taxes daily, some monthly, with different names, guy pack well. The set you just mentioned pay multiple taxes, to state and local government

mfm04622:
This thread is on the 2nd page am not a single supporter of this tax! I hail Nigerians! You want Nigeria to be developed but you don't want to pay the price! What do you people think was used to develop UK, USA and other developed countries? VAT in UK is 19%! Nigeria rank in the lowest 10% in Taxes collected as a percentage of GDP! Soup wey sweet, na money kill am. Let's do our part and hold our leaders accountable. I believe Nigeria will b great.

abeg what is the minimum wage of UK, compared to Nigeria, how much do you buy fuel per litre in UK compare that will Nigeria, when you are done, i have hypo for you, use it and wash your brain

montezz:
I am not surprised. 2019 is almost here.

Did you say almost here?
Look at what they have done in one year, and we have almost 3 years to go.
My dear it is way too long time to endure this pains and sufferings. I am not sure our vote will even count this time as they are ready to rig the election to remain.

Saintp:


Our problem has never been oil price. Our main problem has been lack of leadership. Why would they keep taxing the citizens while they maintain their extravagant allowances? The president has N1.7B food budget, too many private jets, so many perks of office, senators earn too much for doing nothing other than to pad budgets.
First, the president should reduce his food budget to N100m, sell of those jets, sponsor bills that would mandate public office holders to earn like civil servants, no more jumbo allowances etc then we can talk about more tax for the citizens. We can't be funding these idiots in power.

God bless you.

Turks:
Kuku Tax us for being alive

Bro u for noh write this ur mind nah... now when they see it they would actually start construction work towards it...I made a mistake long ago I shud have left before today.. when they should be taxing multiple cars and multiple houses for a single family.

stuntman007:


Did you say almost here?
Look at what they have done in one year, and we have almost 3 years to go.
My dear it is way too long time to endure this pains and sufferings. I am not sure our vote will even count this time as they are ready to rig the election to remain.

Make I hear say I no run comot this country before 2019.

ideology:
abeg what is the minimum wage of UK, compared to Nigeria, how much do you buy fuel per litre in UK compare that will Nigeria, when you are done, i have hypo for you, use it and wash your brain

No mind that guy. Nigerians provide their own basic needs without any contribution from the government. What every Nigerian should be talking about is how to cut down on government excesses. The more than 5 private jets at the disposal of the presidency should be turned to a national carrier. The tradition of budgeting #1.7billion and #4.5billion for food and health care for the presidency should should come to an end. Until all these and many more are implemented, no sane Nigerian should support the introduction of further taxes

Quakertellicus1:







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.

You are a ZOMBIE

Reason

- Your govt have alleged that they have recovered trillions of looted funds, yet you have not asked them where the funds are
- Your president is feeding on N1.7Billion from our taxes
- Budget padding is not corruption
- House of Assembly members are going home with Billions monthly, highest in the world from our taxes
- House of assembly members are renovating their houses yearly, buying new cars bi -annually from our taxes
- CBN has increase interest rates, the money is still our money
- Your govt is struggling to pay 18 k minimum wage, some states have been paying half salaries for 2 years now, do you know how the masses as surviving
- of all the oil producing countries, Nigeria sells fuel to her citizens at the highest rate
- Your govt has no economic policy direction, companies are barely surviving, if they downsize you cry
- Purchasing power has reduced hence manufactures' turnover is reducing, businesses are no longer profitable
- Your govt spends billions feeding Animals in Zoo at Aso rock
- Your govt own 7 private jets serviced with from our taxes
- I live in an area where we provide our security, construct our roads, provide our water and power, yet we are still paying taxes
If i am doing all these for myself, why should i pay tax
I dont need to go further
you are a ZOMBIE

This current crop of Nigerian leaders looters need to step aside.

Multiple taxation will not provide any extra fund to run government, they might as well print money. If there is insufficient receipts from crude, downsize! Scrap all wasteful expense heads, scrap some MDAs & make the rest run lean. Then find ways to stimulate the real sector e.g construction, manufacturing, agric. Most importantly, address our gargantuan trade deficit instead of applying such superficial policies.

I doubt Buhari can even understand any of these basic precepts of economics, but then this is what we get for electing a president via sentiments alone. Not that buffoonish Goodluck Jonathan was a better choice anyways. . .

Zombies, how market?

Johnrake69:



No mind that guy. Nigerians provide their own basic needs without any contribution from the government. What every Nigerian should be talking about is how to cut down on government excesses. The more than 5 private jets at the disposal of the presidency should be turned to a national carrier. The tradition of budgeting #1.7billion and #4.5billion for food and health care for the presidency should should come to an end. Until all these and many more are implemented, no sane Nigerian should support the introduction of further taxes

Oga expect more, VAT might increase anytime from now, Expect toll gates from Fashola across the country.

This is how APC runs, more taxes collected by tinubu's company, the more we contribute to Tinubu's Empire.

They have already introduced taxes for house maids in Lagos, If i ever have a maid, he/she will never pay tax

Pls note that we are already pay tax for each recharge card we buy, after paying tax for the card, you now pay tax for using the voucher, is that not madness.

They know Nigerians will adapt, that is the reason for all these ...

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

I regretted too. God judgement should come faster on this thieves. O ti suuu wa ooo

signz:


The informal sector is under taxed. How many artisans, traders, herdsmen, farmers, etc pay their taxes?
So many companies don't report their true earnings just to avoid paying their taxes.

Telecoms tax shows that this government is even more clueless than we had imagined.

The FIRS guys should work hard and expand the tax base of this country, Fowler did a wonderful job in Lagos. I believe hes a technocrat and knows how to expand the tax base of Nigeria.

Simple economics dictates that when in recession you don't increase taxes.

He should expand the tax base so that the same money then goes back to fund the extravagant lifestyle of government officials. Are we all so foolish in this country? Presidency has more than 5 private jets, #1.7billion for food, #4.5billion for health care but still travels to UK for ear treatment. We maintain two legislative houses only so they can pass laws like providing life Pensions for their members.

These issues must be addressed before we can support the introduction of further taxes.

ideology:


You are a ZOMBIE

Reason

- Your govt have alleged that they have recovered trillions of looted funds, yet you have not asked them where the funds are
- Your president is feeding on N1.7Billion from our taxes
- Budget padding is not corruption
- House of Assembly members are going home with Billions monthly, highest in the world from our taxes
- House of assembly members are renovating their houses yearly, buying new cars bi -annually from our taxes
- CBN has increase interest rates, the money is still our money
- Your govt is struggling to pay 18 k minimum wage, some states have been paying half salaries for 2 years now, do you know how the masses as surviving
- of all the oil producing countries, Nigeria sells fuel to her citizens at the highest rate
- Your govt has no economic policy direction, companies are barely surviving, if they downsize you cry
- Purchasing power has reduced hence manufactures' turnover is reducing, businesses are no longer profitable
- Your govt spends billions feeding Animals in Zoo at Aso rock
- Your govt own 7 private jets serviced with from our taxes
- I live in an area where we provide our security, construct our roads, provide our water and power, yet we are still paying taxes
If i am doing all these for myself, why should i pay tax
I dont need to go further
you are a ZOMBIE

Wise talk. I voted for there sweet talk then. O tiii su wa. Noone of there children is in nigeria .

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

he has offered hardship.
God bless Nigeria.

ideology:


Oga expect more, VAT might increase anytime from now, Expect toll gates from Fashola across the country.

This is how APC runs, more taxes collected by tinubu's company, the more we contribute to Tinubu's Empire.

They have already introduced taxes for house maids in Lagos, If i ever have a maid, he/she will never pay tax

Pls note that we are already pay tax for each recharge card we buy, after paying tax for the card, you now pay tax for using the voucher, is that not madness.

They know Nigerians will adapt, that is the reason for all these ...

It's really sad. But we definitely can't continue like this.

Quakertellicus1:







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.

It's obvious you know nothing about economics but let me help you with a very simple and basic economic theory

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

See the change nigerians voted for. 2019 lets come out massively and vote out the so called apc.

nextstep:


You can always move to the US where:

- federal takes 20-30% income tax
- states take 5-10% income tax
- most states then charge 5-10% sales tax (goods and services)

so you might end up paying 50% of your earned income in taxes of one form or another.

Then the same governments turn around and charge income tax on the profits those companies made selling you a product or service.
If you through the cycle several times, you'll realize that almost 80% of all money is eventually paid as tax to government. Only 20% goes to the actual cost of production.

But you see what their tax is being used for, they don't provide electricity for themselves, they don't have to buy generators , maintain and fuel it regularly, they don't have to dig a borehole in their houses and get a pumping machine to pump water for themselves, they don't have to contribute money to make their roads motorable, they don't have to contribute to employ security in their neighbourhoods, they don't have to fuel police car for the police to investigate a crime on their behalf....I can go on and on on what their govt does with their tax, what does the Nigerian govt. do with our tax, we are our own govt in this country.