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Fowler Replies Kyari, Says Recession, Oil Price Affected Tax Revenue - Politics (3) - Nairaland

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Re: Fowler Replies Kyari, Says Recession, Oil Price Affected Tax Revenue by CeterisXVIII: 8:17pm On Aug 19, 2019
Islie:
https://www.thecable.ng/exclusive-fowler-replies-kyari-says-recession-oil-price-affected-tax-revenue

No need for long story by Fowler. They should compare the number of businesses that collapsed under PMB's regime, with the number that failed under GEJ. sad

Next, they should compare the rate of unemployment during both regimes, as well as the number of layoffs and staff retrenched in the public and private sector, under both governments. That is where the answer lies.

The unemployed and the collapsed businesses, cannot pay tax. For every failed enterprise and every retrenched worker, that is another source of tax gone. undecided

2 Likes

Re: Fowler Replies Kyari, Says Recession, Oil Price Affected Tax Revenue by Daboomb: 8:19pm On Aug 19, 2019
sapele914:
Rubbish assumption,it is just due process,Babatunde Fowler is coming back unopposed,if they don't do it,people like your type will still complain,"Wailing Wailers".

Due process?
So it is due process to ask a stupid question that shows you have no idea what you are talking about?
Are you on some smelly Cow-dung, urine mix?

Dunce like you does not even know Fowler was not elected or appointed!
it is his company that was given a 4year contract to collect revenue on behalf of Fed Govt. grin grin

1 Like

Re: Fowler Replies Kyari, Says Recession, Oil Price Affected Tax Revenue by nextstep(m): 8:21pm On Aug 19, 2019
All these numbers with so many commas... please tell us how much you people are eating make we hear word. No light, no water, bad roads and horrid schools, and people are there flaming each other to distract us. Abeg.
Re: Fowler Replies Kyari, Says Recession, Oil Price Affected Tax Revenue by Back2Daura(m): 8:32pm On Aug 19, 2019
Former president Goodluck Jonathan we are so sorry...

4 Likes

Re: Fowler Replies Kyari, Says Recession, Oil Price Affected Tax Revenue by lukaino(m): 8:33pm On Aug 19, 2019
They have pencilled down an aboki to replace him
Re: Fowler Replies Kyari, Says Recession, Oil Price Affected Tax Revenue by Gandollaar(f): 8:36pm On Aug 19, 2019
DeLaRue:
Good. I've been trying to explain to a PDP friend of mine.

He texted me this morning telling me how, APC has underperformed GEJ PDP in tax collections, upon all the noise. He seemed very happy about the 'bad news'.

Some Nigerians wish for & celebrate bad news about their country, purely for party political reasons
That was how you too masturbated at every bad news prior 2015. Stop the hypocrisy

3 Likes

Re: Fowler Replies Kyari, Says Recession, Oil Price Affected Tax Revenue by Daboomb: 8:37pm On Aug 19, 2019
agabusta:


Fowler is coming back. That was the same way some people came up with a 500 million fraud when Emefiele was about to be reappointed for another term to discourage PMB from reappointing him but they failed.

Buhari is a conservative. He would rather stick with an old hand who has not totally messed up than experiment with a new hand.

Dont be so optimistic!

In Emefiele's case, his re-appointment was a REWARD for printing #100Billion (and devaluing our currency by as much) needed to pay the Fulani Herdsmen, in order to appease them.

Moreover, Fowler is just seen as a Contractor, by this useless Abba Kyari and dont forget, TIME is running out on the RUGArisation and the FULANIsation agendas.
Re: Fowler Replies Kyari, Says Recession, Oil Price Affected Tax Revenue by Daboomb: 8:42pm On Aug 19, 2019
Back2Daura:
Former president Goodluck Jonathan we are so sorry...

Sorry for what?

Crude was over $100/barrel BETWEEN 2011 AND 2013 and yet JONATHAN could still not sustain Revenue beyond what Fowler is doing NOW, when Crude is $70/Barrel and Buhari's Fulani Herdsmen/henchmen are wreacking havoc all over the place, due MAINLY TO CORRUPTION.

Sorry for yourself joor.

3 Likes

Re: Fowler Replies Kyari, Says Recession, Oil Price Affected Tax Revenue by chinedu234(m): 8:48pm On Aug 19, 2019
Mr Fowler may think himself too smart. By the time US dollar is brought into the mix,the half smart man will realize how stupid his answer as per non oil tax revenue is. For those that may not understand,the non oil tax revenue of Fowler is less than 50% of same nominal value under Jonathan era.

4 Likes

Re: Fowler Replies Kyari, Says Recession, Oil Price Affected Tax Revenue by PresidentAde(m): 8:52pm On Aug 19, 2019
Shoodboi:
A major feature of dictatorships and weak democracies like Nigeria is their weak institutions.

Is Abba Kyari, a Chief of Staff to the President, allowed to query the head of a federal agency like FIRS?

The answer is definitely a no. But he does it anyway because of the absence of strong institutions and checks and balances in the system.
. ..
...
.
Do you or those liking your post know the job description of a "chief of Staff"....
....
....
I Yes.... a chief of staff can query any person appointed by his principal !
Re: Fowler Replies Kyari, Says Recession, Oil Price Affected Tax Revenue by Awoo88: 9:03pm On Aug 19, 2019
VillagePipu:


Akuri
See your life?
something dey do you for head!!! you never type before with a glass of Orinin Bitters in one hand?
Re: Fowler Replies Kyari, Says Recession, Oil Price Affected Tax Revenue by Nobody: 9:05pm On Aug 19, 2019
So where were all those 'highest ever' figures coming from?

4 Likes

Re: Fowler Replies Kyari, Says Recession, Oil Price Affected Tax Revenue by hawwal84: 9:43pm On Aug 19, 2019
chinedu234:
Mr Fowler may think himself too smart. By the time US dollar is brought into the mix,the half smart man will realize how stupid his answer as per non oil tax revenue is. For those that may not understand,the non oil tax revenue of Fowler is less than 50% of same nominal value under Jonathan era.

Can kindly explain this point in details?

Thanks as you create time to expatiate on this view.
Re: Fowler Replies Kyari, Says Recession, Oil Price Affected Tax Revenue by ogododo: 9:47pm On Aug 19, 2019
AK481:
Another southerner !!!

So GEJ collected more tax than this man? How come they lied to us?

Lies we have been fed, propagated by people like Omojuwa, Suraju, Seunmsg and plc.
I de worry se trillions were acclaimed to be generated, yet borrowing na our second name.

1 Like

Re: Fowler Replies Kyari, Says Recession, Oil Price Affected Tax Revenue by VillagePipu: 10:46pm On Aug 19, 2019
Awoo88:

something dey do you for head!!! you never type before with a glass of Orinin Bitters in one hand?

See your life again?
Re: Fowler Replies Kyari, Says Recession, Oil Price Affected Tax Revenue by Papertrail11(m): 11:03pm On Aug 19, 2019
higgs:
Some FIRS offices e.g Awka are asking newly registered companies to pay 250K for tax clearance. Excessive taxation can actually slow down the economy and ultimately lead to low tax revenues.A more reasonable approach is to tax moderately but ensure that more people/companies pay taxes.

Brilliant piece


The way Nig institutions tax businesses is worrying just based on a random estimation

1 Like

Re: Fowler Replies Kyari, Says Recession, Oil Price Affected Tax Revenue by CeterisXVIII: 11:11pm On Aug 19, 2019
higgs:
Some FIRS offices e.g Awka are asking newly registered companies to pay 250K for tax clearance. Excessive taxation can actually slow down the economy and ultimately lead to low tax revenues. A more reasonable approach is to tax moderately but ensure that more people/companies pay taxes.
I concur! cool
Re: Fowler Replies Kyari, Says Recession, Oil Price Affected Tax Revenue by Awoo88: 11:41pm On Aug 19, 2019
VillagePipu:


See your life again?
go beg ur village people
Re: Fowler Replies Kyari, Says Recession, Oil Price Affected Tax Revenue by AK481(m): 12:06am On Aug 20, 2019
Winning123:
Olodo, read Fowler's response again


Fool,

He claimed that he collected less that what was reported before.

I should pity people like u that pay 65 naira per withdrawals from ATM and service charge that don’t want proper accountability.

1 Like

Re: Fowler Replies Kyari, Says Recession, Oil Price Affected Tax Revenue by FarahAideed: 12:18am On Aug 20, 2019
agabusta:


Fowler is coming back. That was the same way some people came up with a 500 million fraud when Emefiele was about to be reappointed for another term to discourage PMB from reappointing him but they failed.

Buhari is a conservative. He would rather stick with an old hand who has not totally messed up than experiment with a new hand.

Still fooling yourself ko?
Re: Fowler Replies Kyari, Says Recession, Oil Price Affected Tax Revenue by FarahAideed: 12:24am On Aug 20, 2019
olayinka63:
The reply was explicit enough

That's not issue here , the issue is the same govt earlier claimed to have broken all records in revenue collection but this query is saying something else

1 Like

Re: Fowler Replies Kyari, Says Recession, Oil Price Affected Tax Revenue by BOAR: 2:20am On Aug 20, 2019
Bluntemperor:
I am not a politician neither do I wish to be one in future.But the way and manner Politics is played in Nigeria is ridiculous to say the least.Is Mr Fowler not competent to be appointed to the post of FIRS as boss?Yes.,So why the fuss?.was it because he was recommended by Tinubu,so we expect the man to fall?.Why I we so devilish? why do we wish evil to befalls people once we are not in the same political arena?. Could someone else have apointed Mr Fowler, everything will be okay then.Mr Kyari could have raised issues on Accounting just to get the true knowledge and pictures of the situation before the Presidency,but does that meant Fraud,afterall,that area is not Mr Kyari's Specialisation.Believed Bloggers at you own peril!!! .

There are lot of Ibo/Ipob on this table you are shaking
Re: Fowler Replies Kyari, Says Recession, Oil Price Affected Tax Revenue by BOAR: 2:22am On Aug 20, 2019
FarahAideed:


That's not issue here , the issue is the same govt earlier claimed to have broken all records in revenue collection but this query is saying something else

Show me where they claimed they’ve broken ALL records under ALL Tax heads

Most of you Ipob miscreants are illiterates ..and that is not an insult by any stretch of the imagination
Re: Fowler Replies Kyari, Says Recession, Oil Price Affected Tax Revenue by FarahAideed: 2:24am On Aug 20, 2019
BOAR:


Show me where they claimed they’ve broken ALL records under ALL Tax heads

Most of you Ipob miscreants are illiterates ..and that is not an insult by any stretch of the imagination

You were even among those here celebrating lies then but today you want to shift gear and claim tax heads ..just yesterday you even claimed the query was fake

1 Like

Re: Fowler Replies Kyari, Says Recession, Oil Price Affected Tax Revenue by BOAR: 2:33am On Aug 20, 2019
FarahAideed:


You were even among those here celebrating lies then but today you want to shift gear and claim tax heads ..just yesterday you even claimed the query was fake

It’s too early in the morning to be foaming uncontrollably from the mouth.

Quote anywhere I claimed the letter was fake or I “celebrated”
Re: Fowler Replies Kyari, Says Recession, Oil Price Affected Tax Revenue by FarahAideed: 2:37am On Aug 20, 2019
BOAR:


It’s too early in the morning to be foaming uncontrollably from the mouth.

Quote anywhere I claimed the letter was fake or I “celebrated”

Give me minute
Re: Fowler Replies Kyari, Says Recession, Oil Price Affected Tax Revenue by BOAR: 2:50am On Aug 20, 2019
FarahAideed:


Give me minute

I’m even ready to give you a whole year to scrutinize my post history
Re: Fowler Replies Kyari, Says Recession, Oil Price Affected Tax Revenue by FarahAideed: 6:41am On Aug 20, 2019
BOAR:


I’m even ready to give you a whole year to scrutinize my post history

Okay I mistook you for another Nairalander
Re: Fowler Replies Kyari, Says Recession, Oil Price Affected Tax Revenue by BOAR: 8:59am On Aug 20, 2019
FarahAideed:


Okay I mistook you for another Nairalander

Very convenient

1 Like

Re: Fowler Replies Kyari, Says Recession, Oil Price Affected Tax Revenue by chinedu234(m): 11:48am On Aug 20, 2019
hawwal84:


Can kindly explain this point in details?

Thanks as you create time to expatiate on this view.
Mr Fowler stated that his FIRS made about #1.1trn through Vat in 2018 and claims that it surpasses the 2012 record of #800bn made under the Jonathan administration. What everyone should simply do is divide both sums by the prevailing USD rates at the different periods. For instance in 2012 Usd was at about #150. In 2018 it became #360(min). When you do the arithmetic the figures that may emerge are $5,333m for 2012 and $3,055m for 2018. If you use the usd value of 2012 to seek the naira value of Fowler's collections for 2018, you will have a sum of about #458.33bn. Whereas the present Usd rate on the 2012 collections would be about #3.96trn. This is how economics thought us.

2 Likes

Re: Fowler Replies Kyari, Says Recession, Oil Price Affected Tax Revenue by Mariory(m): 12:35pm On Aug 20, 2019
chinedu234:

Mr Fowler stated that his FIRS made about #1.1trn through Vat in 2018 and claims that it surpasses the 2012 record of #800bn made under the Jonathan administration. What everyone should simply do is divide both sums by the prevailing USD rates at the different periods. For instance in 2012 Usd was at about #150. In 2018 it became #360(min). When you do the arithmetic the figures that may emerge are $5,333m for 2012 and $3,055m for 2018. If you use the usd value of 2012 to seek the naira value of Fowler's collections for 2018, you will have a sum of about #458.33bn. Whereas the present Usd rate on the 2012 collections would be about #3.96trn. This is how economics thought us.

Why are you converting the Naira amount into Dollars without taking into account the price of oil during both periods? I'm intrigued what sort of economics thaught you that.
Re: Fowler Replies Kyari, Says Recession, Oil Price Affected Tax Revenue by chinedu234(m): 3:27pm On Aug 20, 2019
Mariory:


Why are you converting the Naira amount into Dollars without taking into account the price of oil during both periods? I'm intrigued what sort of economics thaught you that.
The vat is from non oil products. Did you study economics?

1 Like

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