How can a government be double taxing it's citizens on everything?
Now when we buy Airtime, we have paid for a VAT of 7.5%. how can they still be deducting 7.5% from every call and sms from that same taxed airtime .?

Someone sends you money from his/her Account, the person pays both a commission to the bank and also VAT, you that receives the said amount is also made to pay a commission and VAT on the same money...

And you are still going to be paying a monthly Maintenance Fee to that same Bank after paying commission on every transaction you carry out.

The Bank is supposed to be a place you safe money and receive interest monthly, because your money is being used to trade. But no, in Nigeria your money is being used to trade and you still pay them for using it.

Isn't all these Double Taxation?


Maybe Nigeria will never just get better..

Tjaywest:
How can a government be double taxing it's citizens on everything?
Now when we buy Airtime, we have paid for a VAT of 7.5%. how can they still be deducting 7.5% from every call and sms from that same taxed airtime .?

Someone sends you money from his/her Account, the person pays both a commission to the bank and also VAT, you that receives the said amount is also made to pay a commission and VAT on the same money...

And you are still going to be paying a monthly Maintenance Fee to that same Bank after paying commission on every transaction you carry out.

The Bank is supposed to be a place you safe money and receive interest monthly, because your money is being used to trade. But no, in Nigeria your money is being used to trade and you still pay them for using it.

Isn't all these Double Taxation?


Maybe Nigeria will never just get better..

Nigerian banks are tax offices. Your cash is never safe. Any transaction,,, transfer, balance enquiry, airtime recharge, name it, it's 10 naira per transaction. Twice monthly, access bank deducts 50 naiara from my account, not to talk of monthly ,50 naira deduction for verve card...(ATM) maintainance, same card they deducted one thousand naira from my account for it's issuance. Crooks

It's heartbreaking seeing these activities, and we all keep crying in Silence..

Vickyvice:
Nigerian banks are tax offices. Your cash is never safe. Any transaction,,, transfer, balance enquiry, airtime recharge, name it, it's 10 naira per transaction. Twice monthly, access bank deducts 50 naiara from my account, not to talk of monthly ,50 naira deduction for verve card...(ATM) maintainance, same card they deducted one thousand naira from my account for it's issuance. Crooks