That's what they do. Increase, increase and increase

Lol.. This journey will be very long for Nigerians.

Make Una just kil us kawai mtscheeew

fuckingAyaya:
people that started before you have all ran out of steam when reality hit them badly, they now resort to saying 'Toh' goodluck on your 30k adventure na here all of us dey.

I warned him. Na today ? We’ve seen guys worse than him. Ask sarrki. 😂😂😂

aariwa:
Tinubu with his clueless and very poor leadership is bent on turning his beloved supporters not only into extreme paupers but full blown ebinpawa almajiris

Most of them have gone mad already. How do you even 4give yourself. Voting tinubu is like slow suicide.

madridguy:
When we can hardly buy mere toiletries or even eat conveniently?

Is this madness or wickedness?

Tinubunomics. This will teach Obi a lesson he’ll never forget

Two years, repeating the same thing. My honest view, tax payers money wasted

Nah wa o! Tilumbu too do o!

madridguy:
When we can hardly buy mere toiletries or even eat conveniently?

Is this madness or wickedness?

Have they hacked this one's account

motionarena:
Mumu country
You want to operate similar economy to Europe and US, On top a useless minimum wage.

Everybody is crying and wailing about the situation of the economy can hardly see anyone who is happy with what is going on.


But come 2027 una go still troop vote Jagaban for second term.

No be juju be that!

Nothing like everyone, those people that always choose Politics over competente should be blamed.
SE stood there ground no need for nonsense

CyrusVI:
He should Tax us as much as he can

FG needs to generate as much money as they can and since FG isnt a commercial firm, the money can only come from us the citizen

Very useless comment. Nigeria runs an expensive system of govt where the politicians are so expensive to maintain. Instead of glamouring for this to be fixed, u are supporting taxing the citizens further who dont have stable electricity but have to buy expensive fuel to fuel home, fuel business and fuel ca while politicians get all of these for free. Madness

Are these people so daft or so tone deaf or what? A protest on hardship barely ended.
And you think its the right to time voice your proposed tax hikes.

madridguy:
When we can hardly buy mere toiletries or even eat conveniently?

Is this madness or wickedness?

why are you bleating like the bereaved.
Pls pay your tax as a patriotic citizen you are.

This kind of news can easily be a fake news, just like the one I read about FG planning to increase the pump price of PMS to N1000/litre.

Why only 10%? Just make it 50% nah.

At this point, they should just kill everyone, and stop making us to suffer unbearably...

Is this the right policy when the country is badly hitting with high inflation. Kudos to APC government since 2015

madridguy:
When we can hardly buy mere toiletries or even eat conveniently?

Is this madness or wickedness?

..are you not even ashamed of yourself...

..who are the we..? ..you mean the manhood chanters I guess..

.is itl not favouring you & your family..? Respect yourself..

GreenxGreen:


I just came to Post.................


SEUN OSEWA is an eeedddiiioottt 😡❌😡😡❌

Delete my account !!!

Since you will not Allow us to Permanently Deactivate our Useless Nairaland Account.

I will continue calling you and Eeedddiiioottt and a Basssttaarrrddd if you don't Delete this Account. Same goes to all your Moderators.

Lol.

GreenxGreen:


I just came to Post.................


SEUN OSEWA is an eeedddiiioottt 😡❌😡😡❌

Delete my account !!!

Since you will not Allow us to Permanently Deactivate our Useless Nairaland Account.

I will continue calling you and Eeedddiiioottt and a Basssttaarrrddd if you don't Delete this Account. Same goes to all your Moderators.

BROS EASY O,KI LO DE GAN NA

madridguy:
When we can hardly buy mere toiletries or even eat conveniently?

Is this madness or wickedness?

Both!

Artscollection:


Most of them have gone mad already. How do you even 4give yourself. Voting tinubu is like slow suicide.

they have made a mockery and laid curses on themselves and generations for supporting a man they know is a criminal, due to tribalism

Nigeria Government be like Satan
give you something with right and and use left hand to get it back


Federal government increase minimum wage to ₦70k

And now want to increase VAT to 10%

opineflu:
why are you bleating like the bereaved.
Pls pay your tax as a patriotic citizen you are.

..no mind am..sai darling daddy, sai body odour, sai New Sheriff in town.. that propaganda guy Was all over Nairaland from 2015-2019 chanting..

..as if that was not enough chanting, he added emilokan to the stupidity & foolishness..

..Na he is talking about " we"..

..he definitely meant zombies..

For someone like BAT who believes IGR at the expense of the citizens is a signature for good governance, anything goes.

GreenxGreen:


I just came to Post.................


SEUN OSEWA is an eeedddiiioottt 😡❌😡😡❌

Delete my account !!!

Since you will not Allow us to Permanently Deactivate our Useless Nairaland Account.

I will continue calling you and Eeedddiiioottt and a Basssttaarrrddd if you don't Delete this Account. Same goes to all your Moderators.

I’ve been complaining about this constantly. SEUN is violating every rules and he doesn’t care. This alone will put him in long term jail in working society.

You have soaked the politicians inside PMS already, do the increase and see how Nigerians will gladly set political fire.
Wicked rulers.

So the tax net is not wide enough yet?

Chineke mee ebere!

madridguy:
When we can hardly buy mere toiletries or even eat conveniently?

Is this madness or wickedness?

Oga stop disturbing us here. Just continue supporting the satanic APC in whatever they do.

madridguy:
When we can hardly buy mere toiletries or even eat conveniently?

Is this madness or wickedness?

Is like you are getting back to your senses

The times are hard. Nigerians are groaning and they can hardly eat 2 square meals a day

Come to abuja and see mature guys begging fellow guys for money to buy something to eat

I pray God turn things around

The funny thing is that most people commenting here have not and did not watch the interview before commenting.

If they did, they would see that VAT is not increasing for EVERYTHING, in fact, essential items bordering on food, health, housing, education and transport will have VAT removed totally (which is the area that affects the greater number of Nigerians). An example he gave was that, how many Nigerians do buy a new car...these are the kind of items that will see VAT rise to 10%.

Companies with earnings below 50 million will be able to claim back VAT WHT and they will largely be exempt from many other taxes including VAT, Income tax and the likes.

Sure it's still a proposal which came about after consultations with interest groups. People can still make thir contributions before it is passed.

Modified to correct VAT to WHT as seen above.

Standing5:

Textbook stunts. In a nation where value addition is almost alien to the system, someone is talking about raising value added taxes. People can barely afford to add value to what they cultivate or manage to produce.

We drink our cow milk as nunu with no value added. Take cocoa as powder with little value added. Eat corn cooked with little value. Export cocoa and import value added end products. Export crude and import value heavy petrol n diesel. What more can I say?

I think you are right in your thinking. We must start looking at adding value to natural resources and raw materials to derive real values. However, his proposal looks good too. VAT is purely a consumption tax so, the more you consume, the more you pay. Who are the big consumers ? Obviously the rich and unfortunately a lot of them may not be paying personal income tax or they may have a means of playing around with Personal Income tax. So if the recommendation is implemented, we might end up taxing the rich more which is quite good and then reduce the tax burden on the middle class and low income earners. Even corporate tax is recommended to go down. The real challenge is informal taxes on the poor and corporate bodies. How is government going to get these guys to stop their nefarious activity which has been a part of us for ages ?