https://www.youtube.com/watch?v=FnPbbBBYQY4?si=2AifWZoqDzLIa7kc

This video breaks down the key components, including the new tax framework and it will help you Understand how these reforms affects you.

Great one!

The Nigeria Tax Reforms Bill 2024 aims to simplify the tax system, potentially reducing the tax burden on individuals and businesses while improving government revenue for public services.

I think the bill makes some sense. This will push some states to work for their revenue and create reasonable competitive industries in their states.

Especially the states that specialise in destroying some "forbidden products" but are happy to collect revenue generated from those products in other states.

The bill essentially says "Enough!" to the saying "Monkey dey work, baboon dey chop."

.

As good as it may seem, I hope it's not a guise for another Alpha Beta package. I no trust that man presently occupying Aso Rock.

Wahala

Tax collectors come and explain things better for us ,




Princess FaithChukwu

Nice

Doesn't affect me

I am neutral

Anything to make Nigeria Great is welcome. The Tax reform must be implement. We can’t be doing things in old ways and expect new result.

God bless Federal Republic of Nigeria 🇳🇬

Issok

Does it affect me sha?

Most urchins don't even know these

I for like pay but money no dey.
But i still dey huzzle sha.
🚶🚶🚶🚶

zuzuonyi:
As good as it may seem, I hope it's not a guise for another Alpha Beta package.

They cleaned shop with that front.

Arewa parasites remain the biggest losers 😂🤣🤓

Rr

Ok

Bossly:
Arewa parasites remain the biggest losers 😂🤣🤓

You would think this one is living the life ...

SoftSport:
Great one!

The Nigeria Tax Reforms Bill 2024 aims to simplify the tax system, potentially reducing the tax burden on individuals and businesses while improving government revenue for public services.

I don't know who need to hear this, you'll surely pay for what you didn't buy in this country called Nigeria!

Great

Education is the weapon against oppression. These politicians capitalize on the nation's high illiteracy rate. Thank God for social media, and also for Oloyede's leadership. The guy is simply too good at what he does.

Udume understands that if the guy and his team speak, he is done. Lol. And the senator in charge of this investigation is excellent. They would have killed it, as they always do with good things, or dragged it out for so long that they could make so much money every time they discussed it. Lol.

Nairalanders can now see that passing these bills is in our own best interests. Na style, we go get the regional government and resource control we have been asking for. Yes, there are always alternatives to getting what you deserve instead of turning to violence. We do not need Nnamdi Kanu and Ikpe's aggressive approach. Let us work together to strategically address Naija's challenges.

Everyone will soon start receiving what is rightfully his or hers. Na so ooo.

I dislike Tinubu and his gang members, but when I see positive results, I support them. This is great, and I support it.

Sapa for northern states


This is part of the restructuring we are talking about

True Federalism 🔥💯

States need working governors who will bring investments. Time for Northern States to maximize Minning and Agriculture.

Jagaban, man with the balls of steel

State Police in the pipeline
Local government autonomy
Tax reform
Subsidy removal
Naira floating (fastest way to get rich before)

The fact that people earning below 1m annually will not be taxed and VAT on electricity, Food, Pharmaceuticals will be excluded I think the reform is a welcome devt. However People need to know that VAT on other Items will be 10% from 2025 and progressively increased as the years go by.

G

Checkwell:
I think the bill makes some sense. This will push some states to work for their revenue and create reasonable competitive industries in their states.

Especially the states that specialise in destroying some "forbidden products" but are happy to collect revenue generated from those products in other states.

The bill essentially says "Enough!" to the saying "Monkey dey work, baboon dey chop."

The Northern Sharia States to be precise ..

Their eyes go clear

Checkwell:
I think the bill makes some sense. This will push some states to work for their revenue and create reasonable competitive industries in their states.

Especially the states that specialise in destroying some "forbidden products" but are happy to collect revenue generated from those products in other states.

The bill essentially says "Enough!" to the saying "Monkey dey work, baboon dey chop."

dont be shy you referring to northern states and beer

There seem to be a conspiracy between the Lagos media and the government to hide the most dangerous parts of this bill.

I've not watched the video yet, neither have I read the bill. But I know that since Northern politicians are vehemently opposing it, then it really must be a great bill that will be of great benefit to the country!

We are all listening to the most dangerous part of the bill from you sir...

owobokiri:
There seem to be a conspiracy between the Lagos media and the government to hide the most dangerous parts of this bill.