coolcharm:
If it takes money away from the people... Instant implementation!

If it puts money in people's pockets.... It will take forever!


This levy is illegal and should be contested in court.

u read d post and saw d legal backing right? The court hands are tied... No be everything be court matter if we no comut pursue dis idiots comut for power nothing go xup... We keep recycling failures year after year

O.5% or 0.005?

0.5% will strangulate the economy. That means for every N1 million transfer, there's a levy of N5,000. That's on top of other bank charges. This is an evil tax, no more, no less.

Also, why is the tax ring fenced for the National Security Adviser, when it should go into the national purse and budgeted to the NSA from there. This unholy scheme will make the NSA one of the most 'juicy' and corrupt offices in the land.

Did the Committee on multiple taxation approve this tax? All these multiple taxation will kill enterprise and lead to job losses as people will give up even trying to establish or run businesses.

Nigeria is the only country I know where the Central bank imposes taxes nilly willy. Neither the Bank of England nor the FED impose taxes. What is the job of the Ministry of Finance.

Nigeria is set up and run the wrong way.

Sapiosexuality:
Renowned soldier? What a clown! You are confusing me with one of the rejects that think within your level.

Your level is already showing. No need arguing with you.

imagine a transaction of #10,000 will attract a levy of #50 stamp duty charge and #50 cybersecurity levy.... #100 gone for just #10,000....#10k that has no face value in the market

membranus:


Your level is already showing. No need arguing with you.

Lol. What a 🤡.

does this mean that if I use my gtb account to transfer 1m to another customer who uses gtb ,I'm safe from this evil tax? if so then ,na to get like 7 to 10 common bank accounts be that o plus opay.
I use opay to make more than 90% of my transfers now.

coolcharm:
If it takes money away from the people... Instant implementation!

If it puts money in people's pockets.... It will take forever!


This levy is illegal and should be contested in court.

Majority of Nigerians are cowards, they bark like mad dogs and don't pinch talk more of biting.
They will impose it and everybody will smile while grumbling inside, and that's the end, nothing will still happen.

Houseontherock1:
You keep burdening people who are already over taxed, underpaid, underfed and barely surviving

Are you already tired of supporting Tinubu?

Omenapounds:
For every 1 million you transact, you pay 5000 for cyber security....
Naija which way

trillions of naira yearly loading to be looted,this should be in court..

racerve:


Did he win the last one fair and square?

Yes. Who did you think would have won? Peter Obi?

Boobysmith:

Another way to steal from us in this already hard knocks regime, Why can't it be .01% if necessary.

It shouldn't even stand. it is fraudulent tax .

egwue:
This is going to translate to huge fund being taken from Nigerians into the pockets of few. It's so unfortunate that we have always had insensitive and selfish leaders in this country. It means every Nigerian is automatically poorer by 0.5%.

I tell you,i mean trillions every year .

SuccessfulRichi:
Hold your opay well oh

Not excluded.

DeLaRue:
O.5% or 0.005?

0.5% will strangulate the economy. That means for every N1 million transfer, there's a levy of N5,000. That's on top of other bank charges. This is an evil tax, no more, no less.

Also, why is the tax ring fenced for the National Security Adviser, when it should go into the national purse and budgeted to the NSA from there. This unholy scheme will make the NSA one of the most 'juicy' and corrupt offices in the land.

Did the Committee on multiple taxation approve this tax? All these multiple taxation will kill enterprise and lead to job losses as people will give up even trying to establish or run businesses.

Nigeria is the only country I know where the Central bank imposes taxes nilly willy. Neither the Bank of England nor the FED impose taxes. What is the job of the Ministry of Finance.

Nigeria is set up and run the wrong way.

I tell you.

OP, this doesn't amount to ALL transactions na.

Nigeria is increasingly turning into a Wild West. Those your rulers they just believe they can do anything and get away with it - yes, they have been getting away with everything. I don't pity many Nigerians because they contribute to this mess and you even see them making a fool of themselves on here.

Already, I get to pay transfer levy, Telco charge, and electronic money transfer levy (plus VAT on these charges) for transfers between personal accounts. Now this? Forget the claim that the new levy won't apply to transactions between accounts belonging to one person.

I was even enduring electronic transfers to start with, with all the dramas that could come with them. I'll probably be doing even less of them henceforth.

To think that all these charges aren't even put to good use. It's annoying!

Which kind nonsense levy be that? let me go & close down my account sef.

It wasn't a joke when the bible says the thief comes only to steal, kill and destroy. The thief in this context is whoever you are thinking about. Y'all who voted for him, aye yin ma baje ni.

I have gone through this thread and I'm yet to see agbadorians comment...

The fire is not selective it's burns all

After all the taxes, one idiot will embezzle the fund like Bello

DeLaRue:
O.5% or 0.005?

0.5% will strangulate the economy. That means for every N1 million transfer, there's a levy of N5,000. That's on top of other bank charges. This is an evil tax, no more, no less.

Also, why is the tax ring fenced for the National Security Adviser, when it should go into the national purse and budgeted to the NSA from there. This unholy scheme will make the NSA one of the most 'juicy' and corrupt offices in the land.

Did the Committee on multiple taxation approve this tax? All these multiple taxation will kill enterprise and lead to job losses as people will give up even trying to establish or run businesses.

Nigeria is the only country I know where the Central bank imposes taxes nilly willy. Neither the Bank of England nor the FED impose taxes. What is the job of the Ministry of Finance.

Nigeria is set up and run the wrong way.

Are you already tired of supporting Tinubu?

You people don't know who you are dealing with....

Gerrard59:


That is not true. Organise an election today and Tinubu would win fair and square. You need to understand Nigeria for what it is, rather than what you think it should be.

Tinubu can not win a free and fair election in Nigeria

As they collect the taxes they must have something to show us for what they collect... Without positive impact,there will be public reaction is

Judolisco:
u read d post and saw d legal backing right? The court hands are tied... No be everything be court matter if we no comut pursue dis idiots comut for power nothing go xup... We keep recycling failures year after year

You want to remove him?

I am just laughing at you here....

Just prepare for war, because that is what he is ready to do, some of you don't know why some of us fought to make sure Tinubu does not get there, if his hold on Lagos state for 24 years did not teach you the type of person you guys were supporting, then it means you people were supporting him blindly...

I kept on telling you guys you people don't know what you are doing, Tinubu was the worst candidate to have supported in the last election, this has nothing to do with tribe or anything of such....

The best time to have stopped him was during the election, same reason I don't really think I might support any candidate in 2027, because it might only be a waste of time....

If a man could hold a state for 24 years from the moment he got in till date even when he had no control of the federal level and security agencies, is it now that he has all that in his control that you want to remove him as a sitting president?

Prepare for war

The problem with a lot of you who supported him is you don't even know him, some of you still don't know....

OfficialAPCNig:
Yorubas use IGR to measure economic development. This is the after effect.

😂😂😂😂

shut up! Enjoy the APC shit you voted for

Brendaniel:


You want to remove him?

I am just laughing at you here....

Just prepare for war, because that is what he is ready to do, some of you don't know why some of us fought to make sure Tinubu does not get there, if his hold on Lagos state for 24 years did not teach you the type of person you guys were supporting, then it means you people were supporting him blindly...

I kept on telling you guys you people don't know what you are doing, Tinubu was the worst candidate to have supported in the last election, this has nothing to do with tribe or anything of such....

The best time to have stopped him was during the election, same reason I don't really think I might support any candidate in 2027, because it might only be a waste of time....

If a man could hold a state for 24 years from the moment he got in till date even when he had no control of the federal level and security agencies, is it now that he has all that in his control that you want to remove him as a sitting president?

Prepare for war

The problem with a lot of you who supported him is you don't even know him, some of you still don't know....

no be only president, make we remove everybody.... We 2 dey adjust to nonsense for dis country

Judolisco:
no be only president, make we remove everybody.... We 2 dey adjust to nonsense for dis country

How do you want to remove him?

Brendaniel:


How do you want to remove him?

by protesting, but nobody wan die.... During d Arab spring in 2011, it was the price of bread that was increased and a Tunisian vegetable seller set himself ablaze because of d hardship that's how d protest started, though d man died but I'm sure he had no idea what he started, that singular move, started a protest in Libya, Syria, Egypt, Tunisia and Yemen.... D protest toppled leaders in Egypt, Tunisia, Libya and Yemen.... Some of them have been ruling for more than 40 yrs... So who be tinubu wey no go resign if e see protest wey pass am..... The only issue I might not participate is that d protest will be political, some people are already for obi and some are for Atiku.... I can't protest on behalf of any politician that has held any political office in Nigeria.... They are all criminals all of them

Judolisco:
by protesting, but nobody wan die.... During d Arab spring in 2011, it was the price of bread that was increased and a Tunisian vegetable seller set himself ablaze because of d hardship that's how d protest started, though d man died but I'm sure he had no idea what he started, that singular move, started a protest in Libya, Syria, Egypt, Tunisia and Yemen.... D protest toppled leaders in Egypt, Tunisia, Libya and Yemen.... Some of them have been ruling for more than 40 yrs... So who be tinubu wey no go resign if e see protest wey pass am..... The only issue I might not participate is that d protest will be political, some people are already for obi and some are for Atiku.... I can't protest on behalf of any politician that has held any political office in Nigeria.... They are all criminals all of them

Same issue I and Igbos will not participate in any protest against Tinubu, not because of a political leader, but because we know how the protest might likely end just like end SARS, and the bad part is that we the Igbos will be blamed by people like you for the protest....

Also when you say all politicians are the same, well they are not the same, if they were, GEJ would have done his 8 years complete even if the country burns to the ground....

So how then do you want to remove Tinubu from office since the only suggestion you gave is not workable based on your reason and my own reason, you see why I am laughing at you for thinking you can remove him from office without war or a coup or a supernatural act....

once an agbero, always an agbero, they have graduated from collecting from danfo to corporate collection from all Nigerians.

Apc government plz let Nigerians breath

I heard that APC supporters and Agbadorians are exempted from this directive 😁

i love it! Tinibu should continue to punish nigerians. Hopefully they'll learn that tribalism is not the way. Foolish set of people