Mobil to relocate.

NormalCodes:


Akwa Ibom has at least 5 of these things in place......

Not even some,all of d above mentioned, u will c all of dem in Aks nw,dy r looking for excuse,weda dy like it or not dy must relocate d said headquarter to Aks else dy vacate our property

Skybee1:
Not even some,all of d above mentioned, u will c all of dem in Aks nw,dy r looking for excuse,weda dy like it or not dy must relocate d said headquarter to Aks else dy vacate our property

Mark my words, 10years to come you will still be here singing the same song.

aribisala0:
There is one thing I have observed,the truth is often a secret and when you publish it people ignore it because they don't like it.

It is a myth that somehow the Location of company Headquarters means great revenues to those hosting the headquarters.

It means some revenue ,to be fair ,but what exactly.?

State governments are entitled to income tax/PAYE deductions. They cannot tax the company on its profits onl the FG can.

So in a copany like Shell e.g what percentage of its staff are based in Headquarters and what percentage in the field.

Under the present rules it is the Personal Income tax that will accrue and NOT copany tax.

Let e introduce another FACT

PAYE is deducted at source and is perhaps, the most unavoidable tax.It has been paid forever.

In 1999 when Tinubu took over as Governor in Lagos State IGR which included these PAYE and everty other tax was 500 million a month. Today it is 20 billion. Where did the difference come from? Oil comanies? No!! They were already in the net.

If the argument is for a greater share of oil revenues fine but it has very little to do with Oil company headquarters location. One must always match the right argument to the right problem.
Governent is responsible to people and not companies. I am all for increased revenue to oil producing communities buut that has absolutely nothing to do with this

If it's not the place of oil producing states to make a law, creating the proposed offshore headquarters tax because it will affect companies' profits, then the federal govt can make and collect the tax on behalf of the states and use the revenue to develop the affected states. extant laws can also be amended to this end.
The tax should be strutured to force them to relocate. And, of course, there are benefits to the states when HQs are moved to the states ,especially ,in terms of improving on existing infrastructure and such. I do not agree that these benefits are insignificant, even if these pale in comparison with the already implemented PAYE. It is up to the companies to weigh the cost of relocation and the cost of paying the tax, and whatever their decision is, the state wins.
Papabrowne made a very remarkable suggestion.

oduastates:


How does it favour me or the SW ?
Mobil has had an head office selling their products in yorubaland before 1 drop of oil was exported from Nigeria .Engine oil , grease , petrol stations etc.
Every town had at least one of each of texaco , Agip, mobile , BP, Shell outlets. Many had multiples . In fact , there were no independent marketers.
Today, they still sell branded products across Africa beyond pumping oil from the Niger delta .
The total number of shell's full time employees ( expartriate and Nigerians) in Nigeria is less than 6000.
Most of them are in the Niger delta.
The businees will always make lbusiness decision about operations .
All it takes them to move their entire business out of Nigeria is a click of a mouse .

It favours SW because employment decisions today are made and implemented from their Lagos headquarters [Yorubaland]. And the provocative aspect is that before our people get aware of such recruitment and travel to or reach Lagos all the way from the Niger-Delta, the Yorubas have hijacked much of the job slots, thereby leaving Niger-Deltans whose oil the multi-nationals exploit with next to nothing. Is that fair? You stated that Shell has about 6000 full time employees in Nigeria, but you did not specify if most of these employees are from [native of] the Niger-Delta, rather you craftily said "most of them are in the Niger-Delta"! There is big difference between the statements: "most [Shell employees] are in the Niger-Delta" and "most [Shell employees] are from the Niger-Delta". My question for you is how many out of the about 6000 Shell Staff are [natives] from the Niger-Delta? Gone are the days when their commonest excuse to justify their injustice was "Niger-Deltans are not educated enough to be engaged in the industry" because as at today there are a lot of brilliant highly educated HND, B.SC, M.SC and P.HD holders with additional qualifications and the required expertise/ training the in oil and gas industry still roaming the streets of the region and doing menial jobs because outsiders have hijacked the industry. Niger-Deltans deserve better benefits and shares in the resources of their land than they are presently getting. GOD bless us.

SuperS1Panther:


Are you practising true fiscal federalism in Nigeria or Unitarism?

Is the law enacted by Fayose on natural resources?

Oga read up, I can't wait my time on shallow comments such as thips.

. So u mean thé right to control landed resources is différent from thé one to control black gold? Its obvious u dont even understand what u post.

knowyaself2:



If it's not the place of oil producing states to make a law, creating the proposed offshore headquarters tax because it will affect companies' profits, then the federal govt can make and collect the tax on behalf of the states and use the revenue to develop the affected states. extant laws can also be amended to this end.
The tax should be strutured to force them to relocate. And, of course, there are benefits to the states when HQs are moved to the states ,especially ,in terms of improving on existing infrastructure and such. I do not agree that these benefits are insignificant, even if these pale in comparison with the already implemented PAYE. It is up to the companies to weigh the cost of relocation and the cost of paying the tax, and whatever their decision is, the state wins.
Papabrowne made a very remarkable suggestion.

I think a lot of people talk ignorantly.Very ignorantly indeed. This is a constitutional issue ,one that relates to resource control and fiscal federalism. That problem needs to be addressed directly and not by harassing companies.
The constitution needs to change to deal with the identified problem. What we are talking about is a redistribution of the tax that is already being collected and shared by the FG and other 35 states.What dooes that have to do with the oil company??

Tell us what infrastructure Shell has put into Lagos? No other company has made more money in Nigeria.
I do not believe you understand business at all.Why FORCE the to relocate? Why not attract them.?

This is a clear case of scapegoating .Realizing that they are losing their so called agitation they are now facing the oil companies.
They should face the Nigerian State and leave the oll companies alone.Continue to fight for constitution change and stop playing politics with business.


The issue is simple let us assume the agreement is 90% tax, It is the business of Nigeria and the states how they spend it and the oil companies where they live.Ther is no connection between the two. What next Force companies making furniture to move their headquarters to Sapele because the wood comes from there or those making Ketchup to move to Kano because tomatoes come from there . ?
We had this same nonsense in 2015 when GEJ ordered the relocation of a private ship dockyard to Bayelsa. It will not happen. Let every coany make business decisions by themselves.

Oil companies sign long terrm contracts before investing you cannott just wake up one day with stupid taxes.These agreements are subject to international arbitration and willl cost Nigeria dearly if they mess up.

Ademat7:

@bolded what's ur definition of single handedly?
A state that received the highest federal allocation +13% derivative, bro if u are the biblical Joseph; Egypt will suffer great famine in history under ur watch.
P.S: the funny thing is that u don't know d intellectual acumen of who u r dealing with but what u've posted on this forum speaks a lot about you.
Much respect to u bro.

highest federal allocation received with reason! How much does FG makes from these oil states? Assuming states handled all their resources internally I wonder what u would say!

Companies headquartered in Lagos most times hire our brothers in the West in their numbers, they will always give an excuse that those in the Niger Delta are not suitablly qualified.

This is how the majority tribes oppress and exploit the minority tribes.

The sad part is when a minority person gets to the top they now wash his head to forget where he is coming from and then carelessly get caught in corrupt practices which the majority tribes engage in even more.

otokx:
Companies headquartered in Lagos most times hire our brothers in the West in their numbers, they will always give an excuse that those in the Niger Delta are not suitablly qualified.

This is how the majority tribes oppress and exploit the minority tribes.

The sad part is when a minority person gets to the top they now wash his head to forget where he is coming from and then carelessly get caught in corrupt practices which the majority tribes engage in even more.

I think they say lagos is a no man's land and that yorubas in lagos are Agberos and omo onile...

Pls let ExxonMobil pack their load and live AKS if they can't relocate their headquarter to the state. Is it good for all this oil companies to have their main operational base in Niger delta and be poluting our environments while they went to Lagos to site their headquarters ,with this, Yoruba people now used this avenue to hijacked all the job opportunities that arises. Go to ExxonMobil in Akwa Ibom, it is Yoruba all through, Total E&P in Port Harcourt ,Yoruba's are everywhere,Agip, Chevron, Hallibutton, shell,etc are all dominated by Yoruba's. Let them relocate if not, there will be a time we would all rise against them in future time.

Codes151:
highest federal allocation received with reason! How much does FG makes from these oil states? Assuming states handled all their resources internally I wonder what u would say!

You are funny;hv a nice rest.

ubyways:
. So u mean thé right to control landed resources is différent from thé one to control black gold? Its obvious u dont even understand what u post.

You are very confused.

Who is in control of resources relating to land in Nigeria - whether black or yellow gold or minerals or coke?

Ademat7:

You are funny;hv a nice rest.

you take a rest okay! Learn to limit the way u talk without facts.... corper

MichaelUweh:
Pls let ExxonMobil pack their load and live AKS if they can't relocate their headquarter to the state. Is it good for all this oil companies to have their main operational base in Niger delta and be poluting our environments while they went to Lagos to site their headquarters ,with this, Yoruba people now used this avenue to hijacked all the job opportunities that arises. Go to ExxonMobil in Akwa Ibom, it is Yoruba all through, Total E&P in Port Harcourt ,Yoruba's are everywhere,Agip, Chevron, Hallibutton, shell,etc are all dominated by Yoruba's. Let them relocate if not, there will be a time we would all rise against them in future time.

I thought Lagos was a no mans land. Mumu

aribisala0:

I think a lot of people talk ignorantly.Very ignorantly indeed. This is a constitutional issue ,one that relates to resource control and fiscal federalism. That problem needs to be addressed directly and not by harassing companies.
The constitution needs to change to deal with the identified problem. What we are talking about is a redistribution of the tax that is already being collected and shared by the FG and other 35 states.What dooes that have to do with the oil company??

Tell us what infrastructure Shell has put into Lagos? No other company has made more money in Nigeria.
I do not believe you understand business at all.Why FORCE the to relocate? Why not attract them.?

This is a clear case of scapegoating .Realizing that they are losing their so called agitation they are now facing the oil companies.
They should face the Nigerian State and leave the oll companies alone.Continue to fight for constitution change and stop playing politics with business.


The issue is simple let us assume the agreement is 90% tax, It is the business of Nigeria and the states how they spend it and the oil companies where they live.Ther is no connection between the two. What next Force companies making furniture to move their headquarters to Sapele because the wood comes from there or those making Ketchup to move to Kano because tomatoes come from there . ?
We had this same nonsense in 2015 when GEJ ordered the relocation of a private ship dockyard to Bayelsa. It will not happen. Let every coany make business decisions by themselves.

Oil companies sign long terrm contracts before investing you cannott just wake up one day with stupid taxes.These agreements are subject to international arbitration and willl cost Nigeria dearly if they mess up.

You can effectively make your points without mentioning 'ignorance and not understanding business at all', this only insults rather than detract from my argument and standpoint,but I will let it pass, it's not my style to attack the messenger....

Now, back to the subject. This is not just about redistribution of income from tax and whatever,but its more about getting oil companies to comply with the directive and the attendant benefits to oil producing states. If you say taxes are already being collected and redistributed to all 35 states, then what advantage do oil producing states have over other states that do not produce oil? How do you compensate them for polluting their land? So, you see ,the redistributed income from tax do not really make the affected states happy.
Their agitation is justifiable and their request is simple - locate your HQS here so it can bring more economic development to our land. You probably did not notice any impact in lagos because lagos is already relatively developed compared to other states. And if you say there's no benefits whatsoever, then you are wrong.
What international arbitration? What are the clauses in the contract signed that would stop a host country from amending its rules? Sometimes to get result you use deterrent and indirect force. How do you want these states to attract them? To build up their states like lagos and then offer them free land to build their HQS? This is ridiculous.

Codes151:
you take a rest okay! Learn to limit the way u talk without facts.... corper

Low self esteem is oozing from your body and I know your type

Ademat7:

Low self esteem is oozing from your body and I know your type

na so! Corper! Lol. Learn to comment with facts!

MichaelUweh:
Pls let ExxonMobil pack their load and live AKS if they can't relocate their headquarter to the state. Is it good for all this oil companies to have their main operational base in Niger delta and be poluting our environments while they went to Lagos to site their headquarters ,with this, Yoruba people now used this avenue to hijacked all the job opportunities that arises. Go to ExxonMobil in Akwa Ibom, it is Yoruba all through, Total E&P in Port Harcourt ,Yoruba's are everywhere,Agip, Chevron, Hallibutton, shell,etc are all dominated by Yoruba's. Let them relocate if not, there will be a time we would all rise against them in future time.

The time of ignorance has long passed.

naijaking1:


A federal law that was purposely designed to enslave a group of people to be benefit of others has to be resisted, and righteously too. Federal government run by Hausa/Fulani/Yoruba people designed a law that not only takes away 90% of the oil resources from the east to their own locale.
It's not not right, it's an evil law that must be resisted at all cost, no matter how many plasters you use to cover this wound, the cure of wound is to clean the wound from the inside.

I support fiscal federalism very much because I want to see an East were we can develop to our own taste. It is the method to do it that is nw the problem. I am deep in thought about hw we can go abt it.

PapaBrowne:
They don't have to move their headquarters if they don't want to.

The states in question should come up with a tax called Offshore Headquarters Tax.

So a simple law is enacted that says if you are an extractive company, you should have your headquarters located at least 200km from your highest concentration of extractive activity.

Now if you don't want to comply, it isn't a crime. You just have to pay the Offshore Headquarters Tax which should be minimum 20% of profits from extractive activity.

Brilliant Submission!

knowyaself2:


You can effectively make your points without mentioning 'ignorance and not understanding business at all', this only insults rather than detract from my argument and standpoint,but I will let it pass, it's not my style to attack the messenger....

Now, back to the subject. This is not just about redistribution of income from tax and whatever,but its more about getting oil companies to comply with the directive and the attendant benefits to oil producing states. If you say taxes are already being collected and redistributed to all 35 states, then what advantage do oil producing states have over other states that do not produce oil? How do you compensate them for polluting their land? So, you see ,the redistributed income from tax do not really make the affected states happy.
Their agitation is justifiable and their request is simple - locate your HQS here so it can bring more economic development to our land. You probably did not notice any impact in lagos because lagos is already relatively developed compared to other states. And if you say there's no benefits whatsoever, then you are wrong.
What international arbitration? What are the clauses in the contract signed that would stop a host country from amending its rules? Sometimes to get result you use deterrent and indirect force. How do you want these states to attract them? To build up their states like lagos and then offer them free land to build their HQS? This is ridiculous.

If the directive is lawful and compliant with the laws of our country and the contract signed with the law companies no problem. Let us wait and see. I will be happy to see an example anywhere in the world wher such "directives" are in place and the laws governing them.

As far as I know there is no "directive" just a suggestion . When government is ready to issue such so called directives they know how to go about it and it is not in the media.
Fovernment cannot wake up one day and say "move" .Who will pay for it? Do you think the Oil companies are tourists?

Then stop drilling oil from Akwa Ibom, you can continue your drilling in Lagos.

You bloody capitalist.

You continue exploiting Akwa Ibom while you take the resolution away to develop other places.

Codes151:
na so! Corper! Lol. Learn to comment with facts!

Akwaibomite hv been known to always play the victim card,feeling marginalised; ur mate in PH and delta are working hard to reap their oil benefit.
I beg park well:who u EPP?
Continue selling stock fish@ ITAM market while ur mate are making money in Lagos (sharply).

aribisala0:

If the directive is lawful and compliant with the laws of our country and the contract signed with the law companies no problem. Let us wait and see. I will be happy to see an example anywhere in the world wher such "directives" are in place and the laws governing them.

As far as I know there is no "directive" just a suggestion . When government is ready to issue such so called directives they know how to go about it and it is not in the media.
Fovernment cannot wake up one day and say "move" .Who will pay for it? Do you think the Oil companies are tourists?

U get time to dey educate them,some grown up guys are still reasoning like another thing

sleeknick:
Make una come my village. Irrua Edo state

Owhiaba... onegbe?

Ademat7:

Akwaibomite hv been known to always play the victim card,feeling marginalised; ur mate in PH and delta are working hard to reap their oil benefit.
I beg park well:who u EPP?
Continue selling stock fish@ ITAM market while ur mate are making money in Lagos (sharply).

Mr Man pls don't talk foolishly. U can attack him without attacking his ethnic group.

Akwa Ibom people should rise up and stop Mobil from extracting oil from their region by any means necessary

Only then, will Mobil grow some sense

OmniSparrow:

Owhiaba... onegbe?

Ofure my broda

Maduawuchukwu:

Mr Man pls don't talk foolishly. U can attack him without attacking his ethnic group.

Mr man go and sit down: don't u see his previous post?

Ademat7:

Akwaibomite hv been known to always play the victim card,feeling marginalised; ur mate in PH and delta are working hard to reap their oil benefit.
I beg park well:who u EPP?
Continue selling stock fish@ ITAM market while ur mate are making money in Lagos (sharply).

similar to your previous comments!! Now your cowardice is uploading! Now u talking ph n delta, places u haven't even been to except pass tru inside a bus probably! We have never felt marginalized. We don't rush or cry like and for your info! If I ain't reaping oil benefit, I tot u said that I receive the higest allocations!? Coward!

Learn to talk with facts and learn to express yourself maturedly while respecting others opinions! Corper!

Ademat7:

Akwaibomite hv been known to always play the victim card,feeling marginalised; ur mate in PH and delta are working hard to reap their oil benefit.
I beg park well:who u EPP?
Continue selling stock fish@ ITAM market while ur mate are making money in Lagos (sharply).

can u imagine! I have been commenting and educationg this guy! Only to view his profile n twitter! Jeez! Your a Kid, your not Even from a reasonable state to talk of condemning other useful states in nigeria! And finally u and I ain't even in the same class!

I see why you mr baselines n comments are randomly constructed and your inability to confirm facts before ranting!
Learn to accept opinions not defend yourself with stupid measures! Also learn to talk n challenge people respectfully!
Which u the best corper! I have to end this trend for your own Good... welcome to the world. boy