pluto09:



Not exactly.
We have two major problems in the country.
What we generate as revenue is too low and we misappropriate the little that we generate.
It is not only about politicians /executive, we are all involved.

pluto09:



Not exactly.
We have two major problems in the country.
What we generate as revenue is too low and we misappropriate the little that we generate.
It is not only about politicians /executive, we are all involved.

Agbalowomeri:


My Oga what we generate is not too low if you consider what would be saved if corruption is eliminated

pluto09:



Not exactly.
We have two major problems in the country.
What we generate as revenue is too low and we misappropriate the little that we generate.
It is not only about politicians /executive, we are all involved.

samguru:
List of banks that may not pay dividend for financial year end 2017

1. Unity bank
2. Sterling bank
3. FCMB
4. First Bank
5. Diamond bank
6. WEMA bank
7 Access Bank
8. UBA
9.Stanbic IBtc
10.Heritage Bank
11 Skye Bank


So if you have shares in these bank dividends are doubtful

OBAGADAFFI:


I disagree with you on this.

VAT alone is enough to sustain this country .

FG get funds from every Import duties, Licenses , Oil and Gas, ICT & Telecoms, Radio, TV, Mining. etc

States like Lagoas collect billions in Paye Tax, LASAA levies and Land use charges .e.t.c

Yet we keep hearing stories of insufficient funds

Cadillac15:


Mr Anthony has given you his fake information again abi?

Monkey CI Leasing Hunter

Agbalowomeri:


My Oga what we generate is not too low if you consider what would be saved if corruption is eliminated

DaV8King:


Using our proposed N 8trillion budget at N360=US$1, we spend approx US$23 billion.
http://www.budgetoffice.gov.ng/index.php/2018-budget-proposal\

To put in perspective, SIPRI states that Israel spent approx US$16 billion on JUST defence in 2016
https://www.sipri.org/sites/default/files/Trends-world-military-expenditure-2016.pdf

Very small indeed, our national budget.

Greed and waste only contrive to shrink it further.

DaV8King:


Using our proposed N 8trillion budget at N360=US$1, we spend approx US$23 billion.
http://www.budgetoffice.gov.ng/index.php/2018-budget-proposal\

To put in perspective, SIPRI states that Israel spent approx US$16 billion on JUST defence in 2016
https://www.sipri.org/sites/default/files/Trends-world-military-expenditure-2016.pdf

Very small indeed, our national budget.

Greed and waste only contrive to shrink it further.

pluto09:


Can you tell me the total amount we generate as VAT in the country in a year?

IchimokuPilot:



It is useless collecting tax in this zoo just because countries collect it.
Why is there no single minded efficacy to duplicate the developments in other countries that our politicians love going to relax every weekend?
No one compares developmental data.
You first patch your leaking basket before heading to the stream.
I don't want to be the source of water here.

IchimokuPilot:



https://trwstockbrokers./2018/02/19/market-update-cbns-amended-dividend-policy-and-implications-for-coverage-banks/

IchimokuPilot:



https://trwstockbrokers./2018/02/19/market-update-cbns-amended-dividend-policy-and-implications-for-coverage-banks/

OBAGADAFFI:


-Nigeria generates N204.77 billion from VAT in 2017 first quarter – NBS

- The minister of finance, Kemi Adeosun, has disclosed that Nigeria generated N797.51 billion into the federation account from Value Added Tax, between January and October -


Note: Most of the expenses in our Budget are inflated

pluto09:



And close to half of the N8 trillion is even borrowed .

OBAGADAFFI:


I disagree with you on this.

VAT alone is enough to sustain this country .

FG get funds from every Import duties, Licenses , Oil and Gas, ICT & Telecoms, Radio, TV, Mining. etc

States like Lagoas collect billions in Paye Tax, LASAA levies and Land use charges .e.t.c

Yet we keep hearing stories of insufficient funds

pluto09:


And how much of this go to the FG.
Assuming the fg spend all the VAT, 798 billion / 180 million is how much?

OBAGADAFFI:


LOL,

They don't divide annual budget by the population.

FG simply Budget for their workers(recurrent ) and FG projects(capital)

Every state government also have their own Budgets, workers(recurrent ) and state projects(capital).

pluto09:


Case closed brother.
Let continue to talk stocks

OBAGADAFFI:


No mind me.

The market is confusing @ the moment.

Watching SKYE in 3D

millo:
House, abeg, any opinion if Skye is a good short/medium term buy?

millo:
House, abeg, any opinion if Skye is a good short/medium term buy?

millo:
House, abeg, any opinion if Skye is a good short/medium term buy?

millo:
House, abeg, any opinion if Skye is a good short/medium term buy?