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Nairaland Forum / Nairaland / General / Politics / We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee (14005 Views)
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We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee by iwaeda: 11:20am On Sep 03 |
Taiwo Oyedele, Chairman Presidential Fiscal Policy and Tax Reforms Committee, says the committee is proposing a law to the National Assembly to increase valued added tax from the current 7.5% to 10%. https://dailytrust.com/were-proposing-law-to-increase-vat-to-10-presidential-tax-cmtee/ 4 Likes
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Re: We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee by CyrusVI(m): 11:28am On Sep 03 |
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 2 Likes 10 Shares |
Re: We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee by Standing5(m): 11:29am On Sep 03 |
iwaeda: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? 19 Likes 4 Shares |
Re: We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee by iwaeda: 11:29am On Sep 03 |
CyrusVI: We told you, he is only a tax collector, we were called names, Nlfpmod. Anyway in good mood, Gwo gwo gwo. ![]() ![]() ![]() ![]() ![]() ![]() 111 Likes 9 Shares |
Re: We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee by iwaeda: 11:30am On Sep 03 |
6 Likes |
Re: We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee by madridguy(m): 11:31am On Sep 03 |
When we can hardly buy mere toiletries or even eat conveniently? Is this madness or wickedness? 94 Likes 7 Shares |
Re: We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee by MadPolitician: 11:33am On Sep 03 |
This is what they meant when they say that "Tinubu built Lagos" It's nothing but operation TAX and SPEND. Just levy the people to death and reck in more money for more presidential jets and bullet proof cars. That is it. This was how they have orchestrated the highest tax regime anywhere in Africa on Lagos traders and businesses. They now want to add more burden to the loads of already dying Nigerians. APCs whole socioeconomic ideology revolves around "DEVIDE and RULE" and "TAX and SPEND". They have increased import duties, left the exchange rate to whatever they call "market forces", removed fuel subsidies which helped to reduce the cost of moving goods from one destination to the other. Now they will increase VAT. Tomorrow, they will send their thugs to the markets to fight with traders who are being accused of raising the selling prices of goods. How do you do all these violence to the economic stability of the nation and never expect any sort of inflation? 78 Likes 6 Shares |
Re: We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee by Standing5(m): 11:34am On Sep 03 |
madridguy:We?? 48 Likes 5 Shares |
Re: We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee by iwaeda: 11:35am On Sep 03 |
madridguy: APC is your love. Anyway, it will favour me and my family. ![]() ![]() ![]() ![]() 78 Likes 4 Shares |
Re: We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee by AfonjaConehead: 11:41am On Sep 03 |
madridguy:Kindly shut up there and be a good citizen and pay ya tax,thank you very much 85 Likes 2 Shares |
Re: We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee by AfonjaConehead: 11:42am On Sep 03 |
Standing5:🤣🤣🤣🤣🤣 4 Likes |
Re: We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee by fuckingAyaya(m): 11:50am On Sep 03 |
CyrusVI: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. 95 Likes 8 Shares |
Re: We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee by Nbote(m): 11:54am On Sep 03 |
"Slow down the economy, widen the tax net" Lol 32 Likes 2 Shares |
Re: We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee by fuckingAyaya(m): 11:55am On Sep 03 |
madridguy:Omo them supposed blow off ur head with KALA for complaining, They warned you for good 8years but you called them wailers now u complaining. Abi them don comot you for 30k payroll? You brain don dey align together? 95 Likes 9 Shares |
Re: We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee by flexydote(m): 12:05pm On Sep 03 |
I expected nothing less for a man who monopolized Lagos with taxpayers money. What happened to implementing the new minimum wage. 18 Likes 2 Shares |
Re: We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee by greenermodels: 12:08pm On Sep 03 |
That's more than 33% increase! The inflationary effect would be massive given that the economy is already badly affected by inflationary pressures, does the government want the economy to be permanently under recession? Inflation might reach 100% once they increase Vat by over 33%. 10 Likes 2 Shares |
Re: We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee by greenermodels: 12:11pm On Sep 03 |
madridguy:Sense don de enter your head now. Greetings from more inflation. 33 Likes 2 Shares |
Re: We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee by happney65: 12:14pm On Sep 03 |
![]() ![]() ![]() Abeg I no fit laugh jare 2 Likes 1 Share |
Re: We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee by aariwa(m): 12:19pm On Sep 03 |
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 15 Likes 2 Shares |
Re: We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee by erico2k2(m): 12:21pm On Sep 03 |
iwaeda:make it 20% 4 Likes 1 Share |
Re: We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee by Hambivert: 12:21pm On Sep 03 |
There have been no positive achievement since Tinubu's led APC government assumed office, so now he has to increase IGR and ceremoniously tag it his achievement. This is Tinubu's led Lagos State model, rinse and repeat. 16 Likes 1 Share |
Re: We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee by Ozommadu: 12:21pm On Sep 03 |
madridguy: After supporting someone as clueless as buhari for 8 wasted years, the only next thing good for the country you so much love is to support a colossal failure tinubu?? You are the problem 35 Likes 4 Shares |
Re: We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee by Forumites: 12:21pm On Sep 03 |
madridguy:😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂 E don happen. 😂😂😂😂 26 Likes 3 Shares |
Re: We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee by advocatejare(m): 12:21pm On Sep 03 |
Why not kuku kill everyone? 7 Likes 1 Share |
Re: We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee by Amigoss: 12:22pm On Sep 03 |
No surprises,just as expected....Tinubu wey fit multitax corpse,Bunch of Owo mi da's on suit and agbada.....IGR on fleek,pump it!!!!!!!!!! His governance style is IGR and INSHALLAH ![]() 16 Likes 1 Share |
Re: We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee by Chigozie321: 12:22pm On Sep 03 |
APC and Tinubu won't rest until until they kill all Nigerians. Truly, he is an overfed father of starving children. What have we done to deserve this level of brutality? What exactly is our offence? Fuel, food, medicine, education are no longer within reach. Just one year and the country has turned upside down. 14 Likes 2 Shares |
Re: We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee by SmellingAnus(m): 12:22pm On Sep 03 |
It is finished 4 Likes 1 Share |
Re: We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee by DoctorShomo: 12:22pm On Sep 03 |
Again? ![]() 4 Likes |
Re: We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee by Artscollection: 12:22pm On Sep 03 |
Chai!! Continue ronu crew are dying silently. Voting this vampire is tantamount to suicide because those idiots will be dying slowly. 8 Likes 1 Share |
Re: We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee by motionarena: 12:22pm On Sep 03 |
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! 16 Likes 2 Shares |
Re: We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee by Onyinyeperpetua: 12:22pm On Sep 03 |
This is an overkill 9 Likes 1 Share |
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