diamond68:
it is what it is brah. Nigga gotta eat 😆😆😆😆.

chukwuma234:


You need to read Nigeria's history. Yes the East have been cheated right after the civil war.

Iweakbro:
North and East are the problems of Nigeria.

One will not get educated, but choose to be a parasite.

The other is always feeling cheated and engaging in chest-beating.

Umuinyioku:
Exactly.

The reforms must be carried out or they join their sahelian brethren to continue with their misrule and oppression.

Tinubu should not back down on these reforms.

Bigkoko:
Oyedele in 2019...... kicked against VAT, when Buhari wanted to make tax reforms, saying it will fuel inflation and make people poorer....

And, in a most arrogant display of hypocrisy,

Same Oyedele in 2025.....after getting appointment in his kinsman govt, suddenly feels VAT & Tax reforms is the best thing after gbegiri & Amala garnished with orishirishi..... what a people!

Humans without integrity! When the are outside Govt they speak with front mouth, when in gotv they speak with side mouth!

Heather hey are cleric ohhh, legal professors ohh or lowlife agberos, n the same thing!

Allogic:
which south, and what resources.

Deepthoughts:
I think the interview should have included an expert from the opponents of the bill to ask Mr Ayodele some critical questions bordering on their areas of concern or the interview organizers should have gotten list of questions from the opponents to ask Mr Ayodele so that the public can be properly informed about the tax reform issues,I have a very strong feeling that there are hidden but sticking points in this tax reform discourse that if not openly sincerely n adequately address might be the source of friction in the future.

Buhari4dullard:
The North does not want reform.

The south that generates the resources wants reform.

chukwuma234:


You need to read Nigeria's history. Yes the East have been cheated right after the civil war.

OneOnland:

From what I know of the bill, let me give you my own explanation.

VAT is tax paid on finished goods/services that reach the final consumer (e.g. turkey eventually consumed, hotel bills eventually settled, construction materials eventually used), it is based on 15% of retail price. Some add it to the price that final consumers are to see and so on. Final consumers then pay the retail price plus that tax.

Normally, this tax is to be remitted by the retailer. However, in Nigeria, because of some acute lack of organization in its part, it is even remitted by the manufacturers/distributors. And because of that, VAT is remitted by Lagos State (hq of the manufacturer) instead of in the various states in Nigeria and by the retailers.

FG wants to better organize the VAT taxing structure, and at that, wouldn't be collected by FIRS (FG tax collector), but by each state's IRS (each state's tax collectors) instead.

And further, rather than FG pooling the VAT tax revenue, and then sharing it to the states using the FAAC sharing formula, FG says the states having collected it by themselves would then take 85% of it and give the FG 15%. This is equitable, right? In almost all countries of the world, sales tax is the state's responsibility.

The North opposes it for these:
If your state's people are poor, and do not consume plenty things, or expensive items, or luxurious items, your state's VAT revenue would be low.
Also, if your state's tax collection is inefficient or sharia no tax-bound, your state's VAT revenue would be low.

So, the North believes that their people consume poorly and their VAT would be low compared to if Lagos State or River state share theirs with them for example.
Also, they don't collect taxes, except maybe Kano, and even so, little compared to other ever-tax-ready states of the South, so they believe their revenue would be low compared to if the inefficient VAT'ing system still sticks.


The FG continues to say that, no, eventually, there'd be benefits to those Northern states inasmuch as they encourage productivity and developments in their states, and in which increases incomes and increase consumption, hence high VAT revenue, but apparently, that seems like death sentence to some of those state's governor.


With the above, I hope I have been able to explain the tax reform bill, in the simplest way.


And PS: states like Ekiti state in South may also be badly affected by it, and that's the point, each state's government should also work on developments from the grassroot in order for them to reap high state revenues.

Greenback:

Leave the easterners alone for once in your life,habaaaa!!!!

Can't you ever concentrate on your life and existence without focusing your entire life on the Igbo people?!

We are all tired of hearing and seeing this everyday... Someone is chest-beating and that is a national problem!
That is the problem of your life!
Haaa!
please be useful... happy new year o...

Umuinyioku:
Rubbish talk from rubbish Man.

What do you mean by feeling cheated and engaging in chest-beating?

Are you being sincere with your negative comments😆

Buhari4dullard:
The North does not want reform.

The south that generates the resources wants reform.

Deepthoughts:
I think the interview should have included an expert from the opponents of the bill to ask Mr Ayodele some critical questions bordering on their areas of concern or the interview organizers should have gotten list of questions from the opponents to ask Mr Ayodele so that the public can be properly informed about the tax reform issues,I have a very strong feeling that there are hidden but sticking points in this tax reform discourse that if not openly sincerely n adequately address might be the source of friction in the future.

mrrandomguy:
This man should be extremely careful spiritually and physically. They may try to poison him or set him up with waist bead/leg chain wearing women. They may even attack him spiritually by sitting on prayer mat while reciting satanic verses on his pictures.

Buhari4dullard:
The North does not want reform.

The south that generates the resources wants reform.

Raph82:
Thoroughly explained. U see, I don't understand the hypocritical game of these northerners. U don't collect vat because ur religion forbids it, but you are fighting hard for the vat collected from other hardworking states. U keep destroying the brewery products that come in to ur state tagging it haram, but u're claiming full entitlement to the vat collected on those products. Beer is haram, but the vat collected on beer is holy. Even in United Arab Emirate, they allow beer consumption. Tax reform bill or no more Nigeria, shikena.

t2luv1:


Be careful what you wish for. This supposed tax reform also proposes that any person making N5m per month will be taxed at a fixed rate. All fine and good but tell me how are they going to know if someone is actually making N5M per month? I bet you they will be asking banks or monthly deposits against accounts... So a trader that buys goods worth N4m turns around and sells for N5m . Will the government tax the N1m profit or will they tax the N5m? Knowing how things work in Nigeria, this trader will have to jump through various layers of bureaucracy just to be treated right. Look Nigeria is not mature enough for what they are proposing. Why should VAT apply to simple phone calls? VAT is for value-added tax what value is being added to a phone call ? Nigerian goes to Europe, and noticed VAT then come back to the country and introduce the VAT concept. How come the USA never adopted the VAT tax system?

patrickcollins:
We don't need Tinubu's wicked reform, all his reforms are equivalent to hardship and improvishment

Fujiyama:



^^^
Hmm...

Interesting submission.

smokinloud:

It's because you don't know Tinubu. Tinubu does what he's convinced about no matter the obstacles. Go research about how he tackle Obasanjo on the issue of LG creation and Lagos state population. He came up with LCDAs to still defeat OBJ despite not having federal might. You now think it's the tax reform that he'll cower about when he's the president and have more than 70 percent of the senators in his pocket?. Let those Northern Governors shout as they can they won't do nada about this tax reform, it's not their prerogative, but we just have to keep quiet about it so that we'll not trigger unwanted hatred from our northern brothers

Roger3D:
Any policy coming from the Tinubu administration is wicked and evil

smokinloud:

It's because you don't know Tinubu. Tinubu does what he's convinced about no matter the obstacles. Go research about how he tackle Obasanjo on the issue of LG creation and Lagos state population. He came up with LCDAs to still defeat OBJ despite not having federal might. You now think it's the tax reform that he'll cower about when he's the president and have more than 70 percent of the senators in his pocket?. Let those Northern Governors shout as they can they won't do nada about this tax reform, it's not their prerogative, but we just have to keep quiet about it so that we'll not trigger unwanted hatred from our northern brothers

Iweakbro:


You just confirmed what I said. Since what I said is not true, why are you upset?

Iweakbro:


You just confirmed what I said. Since what I said is not true, why are you upset?

Factcheck0001:
There's one thing about all these igbobedients that I don't understand

Anytime anyone from West or north complains of hunger or poverty they are quick to mock him with the line

"Shebi na una vote tinubu"..... meaning those people are suffering because they voted tinubu right?

These same people u will see them in another thread cursing yakubu for collecting money from tinubu to influence election

Like I don't understand

Is it that people truly voted tinubu or tinubu just paid yakubu to do the job?

JASONjnr:
The current VAT system is cheating states that go all out to accommodate investors to generate revenues while others only wait on government allocations....

It should be changed to the proposed VAT system where the value is forwarded to their headquarters...This way, the head financial officer will analyse what each state is generating.

The North harbours intelligent elites amongst them but also act very unintelligent about national issues.