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Imo State Govt Replies PDP Over Low Rating On VAT Collection - Politics - Nairaland 2o322p

Imo State Govt Replies PDP Over Low Rating On VAT Collection (5136 Views)

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Edygrin(m): 9:48am On Dec 11, 2024
The All Progressives Congress-led istration of Hope Uzodinma in Imo State has replied to the People Democratic Party (PDP) on the issue of low collection of Value Added Tax (VAT) in the State, maintaining that PDP is ignorant of simple economics.

In a press statement, the Commissioner for Information, Public Orientation and Strategy, Declan Emelunba berated the PDP for its ignorance in what he described as dynamics of Value Added Tax in the economy of the State.

Emelunba stated that contrary to what he regards as mischievous and ignorant submission of the PDP, that VAT is a consumption tax collected by the Federal Government which has no correlation with the economic growth or productivity of any State.

The PDP had earlier accused Uzodinma of not doing enough to stir up the economy of the State, blaming him for lack of roads, non-payment of minimum wage, and insecurity in the State.

The Commissioner for Information, while reacting on the issue, dismissed the allegations, maintaining that the State Chapter of the PDP goofed again with the aim of deceiving the public with what he termed as false and misleading information.

He described PDP’s claims as the height of economic illiteracy, noting that if a State’s economy was measured by VAT earnings, then Imo State’s GDP, according to him, could not have been the fourth highest out of the 36 States of the Federation.

"Apart from displaying its crass ignorance in the economic dynamics of Value Added Tax, which is a consumptive, Federal tax not based on production, PDP flew off the handle to whip up sentiments based on absolute falsehood,” the Commissioner stated.

Emelumba, noted that the low rate of VAT Collection in the State is as a result of factors independent of the economic and infrastructural policies of the State.

He further noted that while the Government has no control over businesses and their operational capability, including how much they remit as VAT, the State Government has created the enabling environment to attract them to the State, adding that it was why the State economy was growing faster than that of many States.

We have an automated civil service which has received the applause of the World Bank because it has perfected the ease of doing business.

"The State recently won the World Bank’s trophy under the States Action on Business Enabling Reforms (SABER) and was rewarded with Four Million United States Dollars,” he maintained.
https://dailypost.ng/2024/12/11/imo-govt-replies-pdp-over-low-rating-on-vat-collection/

Previous Thread:
https://nairaland.unblockandhide.com/8288630/imo-state-having-lowest-record

2 Likes

SadiqBabaSani: 10:13am On Dec 11, 2024
Who told this incompetent commissioner that VAT remittance rate is inconsequential?

3 Likes

Mahenson: 10:40am On Dec 11, 2024
k
cjudy(m): 10:42am On Dec 11, 2024
Hope Uzodinma
FatimaAbubakar(f): 10:44am On Dec 11, 2024
APC destroyed everything good in Imo State.

8 Likes

AntiChristian: 10:46am On Dec 11, 2024
That Enugu Governor na Mbah o!
AntiChristian: 10:46am On Dec 11, 2024
FatimaAbubakar:
APC destroyed everything good in Imo State.

How?

What Good dey there before?

1 Like

SmartPolician: 10:50am On Dec 11, 2024
Imo State has no strong opposition that's why APC is just taking the state for granted. PDP is talking about low VAT and useless APC man is talking about fake GDP. Who takes GDP seriously in Nigeria? IGR and VAT are the only stats any sane mind should take seriously in Nigeria.

3 Likes

1Alex: 10:52am On Dec 11, 2024
Emelunba stated that contrary to what he regards as mischievous and ignorant submission of the PDP, that VAT is a consumption tax collected by the Federal Government which has no correlation with the economic growth or productivity of any State.

If the bolder is the case, then we all have been getting it wrong in our arguments here.

1 Like

Shawarmagirl: 10:54am On Dec 11, 2024
Chai! IT IS FINISH
Mandate1: 10:57am On Dec 11, 2024
What an empty response

3 Likes

bobobenz: 10:57am On Dec 11, 2024
VAT iS CONSUMPTION TAX... THAT IMO STATE IS SO LOW SHOWS THE GOVERNOR HAS NOT BEEN DOING WELL IN ING BUSINESS IN THE STATE... GOVERNOR WEY DEY ABUJA MOST OF THE TIME HOW HE WAN TAKE KNOW WETIN DEY HAPOEN FOR HIM STATE

3 Likes

RedScorpion(f): 11:04am On Dec 11, 2024
What have Imo State really benefited from more than 12 years of APC government...

Absolutely nothing.

2 Likes

helinues: 11:07am On Dec 11, 2024
A commissioner sounding like this, possibly future governor of the state

Opari

17 Likes

Shaketable: 11:13am On Dec 11, 2024
AntiChristian:


How?

What Good dey there before?
Have u been there before? Don't say nonsense on what u don't know n can't comprehend

1 Like

AntiChristian: 11:17am On Dec 11, 2024
Shaketable:

Have u been there before? Don't say nonsense on what u don't know n can't comprehend

Yeah a couple of times when the Monday holidays never start!

I ed i boarded a bus go to Obinze as i was headed for a function in FUTO.

It was fairly nice and cozy then!

1 Like

Bobodee09: 11:20am On Dec 11, 2024
Said it here severally VAT is majorly generated from grocery purchases , telecom usage.


Most people here are just ignorant about this VAT honestly.

You see someone mentioning oil companies during VAT discussion....😆
Atuero(m): 11:25am On Dec 11, 2024
The commissioner is mad and should be sacked immediately

Why this release?
He accepted all PDP alleged but shamelessly talking about phantom economic growth and even claiming that VAT no concern them.

Nsogbu di.
Declan is a clown even though na my friend before

1 Like

stano2(m): 11:28am On Dec 11, 2024
I can’t even travel to Imo state without thinking.
This man Hope don kill that lovely peaceful lively state

1 Like

REALretep(m): 11:30am On Dec 11, 2024
Edygrin:


Emelumba, noted that the low rate of VAT Collection in the State is as a result of factors independent of the economic and infrastructural policies of the State.

He further noted that while the Government has no control over businesses and their operational capability, including how much they remit as VAT, the State Government has created the enabling environment to attract them to the State, adding that it was why the State economy was growing faster than that of many States.

Government of lies @bolded

Which enabling environment did Hope Uzodimma create to attract businesses?
Which Imo State economy is growing faster?

Why won't Imo State have the lowest VAT among all states of the federation with the high level of insecurity, lack of policy direction and absence of quality leadership in the state
NaijaVietnamese: 12:39pm On Dec 11, 2024
Hope Uzodinma is a mediocre governor, he also assembled the worst team ever. Imagine the stupid things coming out from this man. Completely illogical.

Imo state has no governor!

1 Like

rainluv: 12:42pm On Dec 11, 2024
helinues:
A commissioner sounding like this, possibly future governor of the state

Opari

As in eh😏
Apc is too useless for my liking

2 Likes

IGBOPROMISE1: 1:59pm On Dec 11, 2024
Shaketable:

Have u been there before? Don't say nonsense on what u don't know n can't comprehend

You should have checked the moniker of the fool you're replying! He's a known crass Igbo-hating bigot! Don't waste your time with him!

1 Like

IGBOPROMISE1: 2:04pm On Dec 11, 2024
NaijaVietnamese:
Hope Uzodinma is a mediocre governor, he also assembled the worst team ever. Imagine the stupid things coming out from this man. Completely illogical.

Imo state has no governor!

I look at the woeful calibre of people he appointed and i just shake my head! None of them inspires confidence, and that's not really surprising seeing the person who appointed them! Governance in Imo is a complete disgrace! The damage APC has done to Ndigbo in Imo, Ebonyi, as well as nationally, cannot be quantified!
AcadaWriter0: 2:13pm On Dec 11, 2024
A commissioner who sounds like a potential future governor of the state of Opari.
Oakenshield: 2:35pm On Dec 11, 2024
SadiqBabaSani:
Who told this incompetent commissioner that VAT remittance rate is inconsequential?
dumbest commissioner
ManOfSon: 2:53pm On Dec 11, 2024
Is there anywhere in the world where you can find people more arrogant and brave in their ignorance than Nigerians, especially the politicians? The Commissioner here is trying to prove that he's not economically illiterate. But it's the exact point he proves - that despite his false bravado, he doesn't have a clue what he's talking about.

1 Like

discusant: 3:36pm On Dec 11, 2024
Edygrin:
The All Progressives Congress-led istration of Hope Uzodinma in Imo State has replied to the People Democratic Party (PDP) on the issue of low collection of Value Added Tax (VAT) in the State, maintaining that PDP is ignorant of simple economics.


https://dailypost.ng/2024/12/11/imo-govt-replies-pdp-over-low-rating-on-vat-collection/



VAT and Produtivity are correlated. Higher productivity in a locality enhances consumption and taxation on consumption.
Imo is a state where hooligans are allowed by government to malign the state's other productivity centres outside the state capital. Ironically, the most maligned area in Imo state is the Orlu-Orsu-Orueast federal constituency where the present leaders of Imo state come from.

1 Like

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