jmoore:
I wanted to transfer 10,000 naira into one of my accounts, I decided to make it 9,999 naira. Timlubu don jam nwa aba.

tutudesz:
10,000= 50
100,000=500
1,000,000=5000

seunlayi:
CBN and our government sef, dem say make we go cashless, we follow do cashless... when cashless don dey sweet us, dem say dem go dey collect ₦50 on top any ₦10k we received. If I say it is well, you supposed know I meant otherwise
If CBN missed road, Na compulsory for the man wey promised say economy go better to follow dem missed road? Now, you'll buy yam, yam seller go to you to add another ₦50.....


Anyways, if I supposed send you ₦100k on Opay, prepare to count the number of credit alert you go received... Just dey expect 11 credits of 9,500 each and the 11th go carry the final ₦5k.

Erikiel:
Is it only the recipient that will be charged or both sender and recipient?

seunlayi:
CBN and our government sef, dem say make we go cashless, we follow do cashless... when cashless don dey sweet us, dem say dem go dey collect ₦50 on top any ₦10k we received. If I say it is well, you supposed know I meant otherwise
If CBN missed road, Na compulsory for the man wey promised say economy go better to follow dem missed road? Now, you'll buy yam, yam seller go to you to add another ₦50.....


Anyways, if I supposed send you ₦100k on Opay, prepare to count the number of credit alert you go received... Just dey expect 11 credits of 9,500 each and the 11th go carry the final ₦5k.



Lol. You'll be charged N26 ten times and N10 the eleventh time

Elliotwaveforec:
So customers of fintech banks have not been paying the N50! Money I've been paying for months.

Posters above are just crying like they're being charged 50% of the credited amount.

HeadNigga:
oga 50 naira per alert is too much...it should be a one off thing per day. Must we support evil out of sentiments?

HeadNigga:
oga 50 naira per alert is too much...it should be a one off thing per day. Must we support evil out of sentiments?

Larryfest:
With all the over taxing here and there, the economy is still getting shitfaced every secs of the day.

shortgun:
Always enacting unpopular policies and relying on the blind support of his brainless supporters to shield him from the consequences of his actions

TossTos:
I received 30k deposit not long and 50 naira was debited..

Oh my ...

When I wan com recieve another payment of 17k+ that person come split am into two .. see the picture below ..


PBAT , go amaze us more than before ..

blaise26abj:
50 Naira is small compared to the cost of using cash . Go to POS to withdraw 10k . Na 100 Naira . Go to your nearest bank ATM , transport fare or fuel will be more than 50 Naira .

I know they are just making things harder for Nigerian but again voting bad people in or allowing them get away with rigging has consequences. Apparently things one of them

tutudesz:
10,000= 50
100,000=500
1,000,000=5000

brightjohnysky:
Tinubu's new Tax Reforms Summarized

1. Any business with less than N50million turnover are exempted from tax payment.

2. over 90% of workers in public and private sector will no longer pay income tax.

3. Over 82% of what low income persons consume will be VAT free.

4. scrapping over 50 nuisance tax suffered by local businesses.

5. VAT will no longer be calculated base on where the companies have their headquarters but where their goods are consume.

6. the rich to pay more tax while the poor will stop paying taxes..

7. Consumption tax collected by states will be eliminated completely.

8. FG share of VAT to reduce from 15% to 10% as states and LGAs now get 90%.

9. Those earning less than N1.7m monthly will now pay less income tax.

10. Customs, NUPRC and other govt agencies will no longer collect tax as only one Agency will be responsible for collection of all taxes in NGR.

11. Those receiving less than N9million per anum could have their income tax cut by half.

12. The bill could lead to abolition of other multiple tax laws like the stamp duty act.

13. Over 90% of small business would no longer pay profit tax.

14. Gradual increase of VAT from 10% in 2025 to 15% in 2030... With almost every goods consume by low income earners exempted from VAT.

15. Many NGR companies pay over 60 types of different tax & levies... The bill seeks to end this factor killing NGR industries.

You may not like the messengers, but the message is a good one.