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Nairaland Forum / Nairaland / General / Politics / Opeyemi Bamidele: 5 Key Takeaways From The Tax Bills (17643 Views)
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Opeyemi Bamidele: 5 Key Takeaways From The Tax Bills by emkz: 6:29am On Dec 03 |
1. The first takeaway specifically revolves around the review of the sharing formula of the value added tax (VAT) accrued to all the federation. Under Section 77, the Nigeria Tax Administration Bill proposes a reduction of VAT distributable to the federal government from 15% to 10%. The bill also concedes 55% to state governments and 35% to the local government councils.Senator Opeyemi Bamidele, APC Ekiti Central, is the Leader of the Nigerian Senate https://dailytrust.com/five-takeaways-from-tax-reform-bills/ 31 Likes 7 Shares
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Re: Opeyemi Bamidele: 5 Key Takeaways From The Tax Bills by emkz: 6:30am On Dec 03 |
What are the grouses of opponents of the bills? 1. It would impoverish northern Nigeria and benefit only Lagos and Rivers. 2. We won't be able to pay salaries. 3. We need more consultations. 4. Why the rush? We are suspicious of the rush. Let us delay it like the Petroleum Industry Act. 5. Alpha Beta Consulting will be collecting taxes. 6. How will it put food on awatable? 7. We are not ready and we don't know when we'd be ready. So eff-off with any agenda to help us develop. 8. Tinubu is playing with re-election. 10. Southsouth and southeast will suffer. Meanwhile Ohanaeze, southsouth, northcentral and southwest have thrown their weights behind the bills. Where is Daniel Bwala who is supposed to communicate this policy? Where is National Orientation Agency? By now, they ought to be selling this policies directly to the grassroots. Let the people see the benefits. This Friday, clerics may use their sermons to demarket the bill. By now, NOA and Bwala should be on VOA, BBC Hausa Service to be selling this bill. If the clerics do the damage, cleaning up will be more difficult. President Tinubu's horde of media aides need to step up. BE EVERYWHERE. Prepare to win the people to your side. It is easier to be proactive than to do damage control caused by ignorant folks whose aim is to kill the tax policy and fiscal responsibility. PS: The real issue is that there has been a historical weaponization of poverty in the north aimed at keeping the people impoverished. The political elites in northern Nigeria see this mob of unemployed and unempowered youth as a weapon for political negotiation. They feel if they empower these people with education and skills, they'd threaten their hold on the society. Imagine threatening Tinubu with 2027. with votes. As you are threatening, remember that Jonathan lost almost the entire north in 2011 and still became president. Wake up and empower your people. Like I said yesterday, they'd run your state aground first before they proceed to Abuja. You ought to have seen this with the August riots. 83 Likes 5 Shares |
Re: Opeyemi Bamidele: 5 Key Takeaways From The Tax Bills by Georgry(m): 6:31am On Dec 03 |
Re: Opeyemi Bamidele: 5 Key Takeaways From The Tax Bills by helinues: 6:39am On Dec 03 |
Good Garri and pencil are both priorities.. Words. 61 Likes 1 Share |
Re: Opeyemi Bamidele: 5 Key Takeaways From The Tax Bills by ERockson: 7:02am On Dec 03 |
The enemies of Nigeria are fighting the bill without telling the world how it will affect them 17 Likes 2 Shares |
Re: Opeyemi Bamidele: 5 Key Takeaways From The Tax Bills by Kukutente23: 7:05am On Dec 03 |
Politicians When they want to lie they start touting development Can anyone explain how taxation will lead to development or better economy News just broke yesterday that the Supreme Court just created 774 small thieves along with the 36 medium thieves and one big thief we had previously Let us not forget that like everything else, thieves also grow. A small thief will grow big with time!! 14 Likes 1 Share |
Re: Opeyemi Bamidele: 5 Key Takeaways From The Tax Bills by UltraSolid: 7:09am On Dec 03 |
Kukutente23: Ekute23, learn to remain silent when intelligent people are discussing. Otherwise your brain might malfunction beyond repair someday. 41 Likes 4 Shares |
Re: Opeyemi Bamidele: 5 Key Takeaways From The Tax Bills by Kukutente23: 7:11am On Dec 03 |
UltraSolid:I've never seen any intelligent response on any topic from you It's either you're trolling a tribe, or insulting people or gaslighting. Are you cursed to be daft? 28 Likes 2 Shares |
Re: Opeyemi Bamidele: 5 Key Takeaways From The Tax Bills by emkz: 7:13am On Dec 03 |
UltraSolid: Learn to ignore. I'd rather you spend your time having a deep conversation with a deaf cat than waste it on an entity whose appearance is to troll his superiors and derail threads to deliberately mislead, misinform and ultimately revel in the masturbatory and illusory high of sophistry he parades as intellectual objectivity. He runs around Nairaland obsessed with me. Once I see his user ID, I don't bother to read anything he says. A vulture who considers he has a voice in the gathering of eagles. 66 Likes 3 Shares |
Re: Opeyemi Bamidele: 5 Key Takeaways From The Tax Bills by UltraSolid: 7:16am On Dec 03 |
Kukutente23: Go and read your response again I quoted to note who is daft and highly dullardly. By the way, I'll keep speaking up against hateful, unprogressive and unobjective folks like you because you lot are a menace that Nigeria can do without. 17 Likes 1 Share |
Re: Opeyemi Bamidele: 5 Key Takeaways From The Tax Bills by Wealthoptulent(m): 7:38am On Dec 03 |
foil or Disposable? to see take away from parties this days ehn.. wen e no even sure u go see food for event sef emkz: |
Re: Opeyemi Bamidele: 5 Key Takeaways From The Tax Bills by zereuwa: 7:38am On Dec 03 |
What a country |
Re: Opeyemi Bamidele: 5 Key Takeaways From The Tax Bills by Mightymanna(m): 7:39am On Dec 03 |
I don't care what the bills says but Lagos and Abuja must not keep their Taxes after trillions of the National Commonwealth was invested there for over 50 years. 7 Likes 1 Share |
Re: Opeyemi Bamidele: 5 Key Takeaways From The Tax Bills by CodeTemplarr: 7:41am On Dec 03 |
Takeaway that one cannot swallow. 3 Likes |
Re: Opeyemi Bamidele: 5 Key Takeaways From The Tax Bills by cashmyles: 7:42am On Dec 03 |
Any bill that doesn't include tax refund is a scam. Na only 'owomida' this govt sabi 2 Likes |
Re: Opeyemi Bamidele: 5 Key Takeaways From The Tax Bills by Newyorkitis(m): 7:44am On Dec 03 |
I dislike bukab |
Re: Opeyemi Bamidele: 5 Key Takeaways From The Tax Bills by Morenikeji090(m): 7:45am On Dec 03 |
Fool is Lagos the only former capital of Nigeria why you exempt cross river state. Mumu Mightymanna: 47 Likes 1 Share |
Re: Opeyemi Bamidele: 5 Key Takeaways From The Tax Bills by iswallker(m): 7:46am On Dec 03 |
See person nostril..like locomotive exhaust .. I smell lies... 1 Like |
Re: Opeyemi Bamidele: 5 Key Takeaways From The Tax Bills by udemzyudex(m): 7:46am On Dec 03 |
When it becomes law, and anti-corruption agencies should be next in the reforms. |
Re: Opeyemi Bamidele: 5 Key Takeaways From The Tax Bills by NewsINigeria(m): 7:49am On Dec 03 |
How much is a bag of rice? 2 Likes |
Re: Opeyemi Bamidele: 5 Key Takeaways From The Tax Bills by Dickson178(m): 7:49am On Dec 03 |
Morenikeji090:Fool , can you compare Lagos and Abuja to Cross rivers state now? |
Re: Opeyemi Bamidele: 5 Key Takeaways From The Tax Bills by Emzedz: 7:50am On Dec 03 |
This bill will only favor tinbu n his cronies.. watch n see 2 Likes |
Re: Opeyemi Bamidele: 5 Key Takeaways From The Tax Bills by Newyorkitis(m): 7:50am On Dec 03 |
I'm not a fan of Bulabulaba, but I am happy with this Tax Reform Bill! I am from the North before you start thinking otherwise. Whenever the country is moving this way, the north will be moving the other way. End SARS protest, they did not join because they hardly experience the pain of other regions as regards Police brutality. They have populations to win elections without adding to the Federal coffers and to add salt to injury, they created Hisbah to destroy what they are benefiting from (Alcohol). So, yeah, the north wants to eat her cake and have it. 8 Likes |
Re: Opeyemi Bamidele: 5 Key Takeaways From The Tax Bills by Earthquakes: 7:51am On Dec 03 |
What is the takeaway of subsidy removal and naira floating again?? If you want to live long, think less about Nigeria but yourself 4 Likes |
Re: Opeyemi Bamidele: 5 Key Takeaways From The Tax Bills by smart8956: 7:53am On Dec 03 |
E no go better for theivenubu and his lawmakers 1 Like |
Re: Opeyemi Bamidele: 5 Key Takeaways From The Tax Bills by saddler: 7:54am On Dec 03 |
Re: Opeyemi Bamidele: 5 Key Takeaways From The Tax Bills by swaggs42(m): 7:54am On Dec 03 |
Kukutente23: No whyne ultrasolid ooo .. Highly intelligent being 1 Like |
Re: Opeyemi Bamidele: 5 Key Takeaways From The Tax Bills by Kukutente23: 7:55am On Dec 03 |
UltraSolid:Speaking up indeed. You see how slow you are. Am I the one wrecking the economy or stealing money? Am I the one paying youths pittance to come and defend them on SM. So it is my comments that's your problem not the people wrecking the country. Your problem never get name |
Re: Opeyemi Bamidele: 5 Key Takeaways From The Tax Bills by Afronighto: 7:56am On Dec 03 |
This tax reforms bills of a thing will benefits Lagos and Rivers alone 1 Like |
Re: Opeyemi Bamidele: 5 Key Takeaways From The Tax Bills by phineas: 7:56am On Dec 03 |
A reminder again to leave all matters that increase personal income tax and VAT out of this matter. Nigerians and Nigerian businesses need a break not increased taxation Whatever they want to do with VAT collected does not concern me But let's all know it pays the poor masses to have VAT collected and disbursed in each State and LGA that way host communities will respect income generating ventures in their community,jobs will also be created 1 Like 1 Share |
Re: Opeyemi Bamidele: 5 Key Takeaways From The Tax Bills by Ogakokorokoman: 7:58am On Dec 03 |
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Re: Opeyemi Bamidele: 5 Key Takeaways From The Tax Bills by TOPCRUISE(m): 8:00am On Dec 03 |
The North will never support it. Sharia states don’t tolerate Alcohol and betting shops. They use HIisbah to prevent them from thriving yet they get federal allocation from states that allow them. Seems the tax reform bill will prohibit them from getting further revenue allocations from alcohol and income from the lottery companies. As only states who engage is such activities will get federal allocation via VAT 3 Likes |
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