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Nairaland Forum / Nairaland / General / Politics / President Tinubu Meets Bank Executives On The Newly Introduced Windfall Tax. (31674 Views)
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Re: President Tinubu Meets Bank Executives On The Newly Introduced Windfall Tax. by alezzy13: 8:31pm On Jul 31 |
Which wan be windfall tax again, kwanu?? |
Re: President Tinubu Meets Bank Executives On The Newly Introduced Windfall Tax. by Elidrisy20: 8:31pm On Jul 31 |
Last minute looting, but japa |
Re: President Tinubu Meets Bank Executives On The Newly Introduced Windfall Tax. by Kobojunkiee: 8:31pm On Jul 31 |
PHIPEX:And where has all the money continued to go since? |
Re: President Tinubu Meets Bank Executives On The Newly Introduced Windfall Tax. by Joymide22: 8:32pm On Jul 31 |
Throwback: You are talking like you were born recently, Any government who wants to do any major project should embark on it first there after a charge back on citizens can follow, These politicians steals our generations future on a daily basis and you want to trust them with tax? |
Re: President Tinubu Meets Bank Executives On The Newly Introduced Windfall Tax. by Elidrisy20: 8:32pm On Jul 31 |
Ole buruku |
Re: President Tinubu Meets Bank Executives On The Newly Introduced Windfall Tax. by ceejayluv(m): 8:33pm On Jul 31 |
APC minions have invaded Nairaland. It's obvious. |
Re: President Tinubu Meets Bank Executives On The Newly Introduced Windfall Tax. by Xkonzult: 8:33pm On Jul 31 |
Chinkoalhaji34:They fire Small small,ehh ...no worries ur 1k5naira bonus is still intack with heliniues |
Re: President Tinubu Meets Bank Executives On The Newly Introduced Windfall Tax. by LOVEGINO(m): 8:34pm On Jul 31 |
Kobojunkiee:na so we join hands voted Y bello wey show us shege. All of em na same thing. 1 Like |
Re: President Tinubu Meets Bank Executives On The Newly Introduced Windfall Tax. by coleon(m): 8:35pm On Jul 31 |
mustyNEMESIS:The problem of inflation that Nigeria is having today is not because of the the removal of subsidy Zombie. The problem of inflation we have today is as a result of the landslide devaluation of the Naira embarked upon by Tinubu. Who devalues her currency by over 400% within a year in an import dependent economy and will not see the mother of all inflation. 2 Likes |
Re: President Tinubu Meets Bank Executives On The Newly Introduced Windfall Tax. by Zainabwhitemone: 8:36pm On Jul 31 |
You'll never walk alone. |
Re: President Tinubu Meets Bank Executives On The Newly Introduced Windfall Tax. by Kennitrust(m): 8:41pm On Jul 31 |
Like buhari, we hardly see this in programs |
Re: President Tinubu Meets Bank Executives On The Newly Introduced Windfall Tax. by efighter: 8:42pm On Jul 31 |
Anguldi: This hatred and bitterness that your parents planted in you are the reasons why you are bitter, sad, poor, miserable and suicidal. 3 Likes |
Re: President Tinubu Meets Bank Executives On The Newly Introduced Windfall Tax. by Kobojunkieee: 8:42pm On Jul 31 |
LOVEGINO:Please stop right there!! Yahaya Bello's own profile shows that his incompetence in office goes as far back as 2015. Why in the world would you people reelect the same scum if not out of ignorance?
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Re: President Tinubu Meets Bank Executives On The Newly Introduced Windfall Tax. by Olabode211: 8:43pm On Jul 31 |
una no no say after pick2 na general market.everybody must collect anyhow anyhow.. |
Re: President Tinubu Meets Bank Executives On The Newly Introduced Windfall Tax. by Esesuwa8: 8:52pm On Jul 31 |
A windfall tax is a one-time tax imposed by a government on companies or individuals that have experienced an unexpected and significant financial gain, often due to circumstances beyond their control. The term "windfall" refers to a sudden, unexpected gain or profit. Windfall taxes are often levied in response to unusual or extraordinary events, such as: 1. Natural disasters: Governments may impose a windfall tax on companies that have profited from disaster relief efforts or have experienced increased demand for their products or services due to the disaster. 2. Economic shocks: Windfall taxes may be imposed on companies that have benefited from economic shocks, such as sudden changes in global market prices or unexpected shifts in government policies. 3. Unforeseen events: Governments may impose windfall taxes on companies that have profited from unforeseen events, such as a sudden increase in demand for a particular product or service. The purpose of a windfall tax is to: 1. Redistribute wealth: Windfall taxes aim to redistribute wealth from companies or individuals who have experienced an unexpected gain to the broader population or to support public programs. 2. Prevent profiteering: Windfall taxes can help prevent companies from profiteering from unusual circumstances, ensuring that they do not take advantage of consumers or the situation. 3. Raise revenue: Windfall taxes can generate significant revenue for governments, which can be used to fund public programs or support affected communities. Examples of windfall taxes include: 1. The UK's Windfall Tax (1997): Imposed on privatized utilities that had experienced significant profits due to deregulation. 2. The US's Excess Profits Tax (1940s): Imposed on companies that had profited from World War II-related government contracts. 3. Argentina's Windfall Tax (2020): Imposed on companies that had profited from the COVID-19 pandemic. Overall, windfall taxes are a tool used by governments to address unusual circumstances and ensure that unexpected gains are shared fairly. 4 Likes |
Re: President Tinubu Meets Bank Executives On The Newly Introduced Windfall Tax. by CorrectionFLuid: 8:52pm On Jul 31 |
Kobojunkiee: I see you wiki searched Peter obi, but not emilokan. Maybe there was nothing to search there. LMAO |
Re: President Tinubu Meets Bank Executives On The Newly Introduced Windfall Tax. by Oshiobrain1: 8:55pm On Jul 31 |
All are Yorubas |
Re: President Tinubu Meets Bank Executives On The Newly Introduced Windfall Tax. by Anguldi(m): 8:57pm On Jul 31 |
efighter:Vice versa |
Re: President Tinubu Meets Bank Executives On The Newly Introduced Windfall Tax. by HawkTuah: 8:57pm On Jul 31 |
People commenting smart move by Tinubu ask them what's windfall tax, dem no know 1 Like |
Re: President Tinubu Meets Bank Executives On The Newly Introduced Windfall Tax. by CorrectionFLuid: 8:57pm On Jul 31 |
Ikaeniyan0: Odiegwu |
Re: President Tinubu Meets Bank Executives On The Newly Introduced Windfall Tax. by Uncletony(m): 8:57pm On Jul 31 |
But many illiterates dey northern Nigeria, can't imagine myself voting a tinubu, I would have committed suicide by now |
Re: President Tinubu Meets Bank Executives On The Newly Introduced Windfall Tax. by Barzinime(m): 8:58pm On Jul 31 |
You call yourself Fibonacci but your brain is actually Abacus Rubbish! If you like wail from now till Apocalypse, Tinubu will be president till 2031. Fibonacci88: |
Re: President Tinubu Meets Bank Executives On The Newly Introduced Windfall Tax. by Jostoman: 9:03pm On Jul 31 |
TimeManager:first Class accountant from which school? |
Re: President Tinubu Meets Bank Executives On The Newly Introduced Windfall Tax. by Salewa97: 9:03pm On Jul 31 |
SpaceX: Make the person buy me data first. I no get time for Cho Cho. |
Re: President Tinubu Meets Bank Executives On The Newly Introduced Windfall Tax. by Gbeng30(m): 9:07pm On Jul 31 |
Okay, keep it up, |
Re: President Tinubu Meets Bank Executives On The Newly Introduced Windfall Tax. by geewean(m): 9:11pm On Jul 31 |
What is this one saying sef.Is this not the same thing you guys said when he made the erroneous announcement that subsidy is gone? When we voiced out shey you guys said we were enemies of the state.Today has that announcement birthed any positive impact or have they truly stopped paying the subsidy? Nigerians are tired of proactive steps every time.Nigerians want results.A cup of beans is 500 Naira.A litre of fuel is over 800 Naira.But they have mind to appropriate 21 billion naira for the new Vice president villa and still procure a presidential jet in this tough time. Windfall tax is just an avenue to recoup and have nire returns for the financial investment they made in the last election. This administration is yet to demonstrate prudence in the management of Nigeria's commonwealth. If he does trust me I will be the first to blow his trumpet.I have no allegiance to any political party but my allegiance is for a better Nigeria. Philipponzaghi: |
Re: President Tinubu Meets Bank Executives On The Newly Introduced Windfall Tax. by doggedfighter(f): 9:13pm On Jul 31 |
HawkTuah: They're zombie bots . |
Re: President Tinubu Meets Bank Executives On The Newly Introduced Windfall Tax. by Lamasta(m): 9:13pm On Jul 31 |
Salewa97: To stone you fufu dey hungry me walai
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Re: President Tinubu Meets Bank Executives On The Newly Introduced Windfall Tax. by Afamsi: 9:15pm On Jul 31 |
PheelzAlmighty:say 98% of yorubas |
Re: President Tinubu Meets Bank Executives On The Newly Introduced Windfall Tax. by Kobojunkieee: 9:19pm On Jul 31 |
CorrectionFLuid:I have no clue what you mean. |
Re: President Tinubu Meets Bank Executives On The Newly Introduced Windfall Tax. by Ulogwe1: 9:19pm On Jul 31 |
Chinkoalhaji34: Na so, Prof. Of Economy. |
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