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Condralbedez's Posts 30652h

Condralbedez's Posts

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condralbedez: 5:46pm On May 23
cool

Sugar mummies
condralbedez: 5:40pm On May 23
Federal Government to resume sucking ogoni resources after 30 years, without nothing to give back to the community or the nation.

Bunch of greedy lazy old politicians.

7 Likes

condralbedez: 12:18am On May 22
Tinubu's State of Origin.
They ought to have put one SE/SS State there, so that the ronus can see something to masturbates on.
condralbedez: 12:02am On May 22
femi4:
Yeye dey smell

Like inec, like jamb
Not really.
Election glitches=No Re run
Jamb glitches=Re seat
condralbedez: 11:56pm On May 21
OviOrunmila:


Longest time indeed, I thought of last week, thinking you have gone to hades
Baba is tired of defending the calamity they brought to power.

So he dey do hide and seek.
condralbedez: 7:08am On May 16
Even without the election being rig by Tinubu,wike will never win.
Who won vote for am

4 Likes 1 Share

condralbedez: 6:31am On May 16
"The Nigerian Senate has ed all four of President Bola Tinubu’s proposed tax reform bills, marking a significant overhaul of the country's fiscal framework. These bills aim to modernize tax istration, enhance revenue collection, and ensure a more equitable distribution of tax proceeds across federal, state, and local governments.

Key Provisions of the Newly ed Tax Bills

1. Establishment of the Nigeria Revenue Service (NRS):

The Federal Inland Revenue Service (FIRS) will be replaced by the Nigeria Revenue Service (NRS), which will serve as the central authority for federal tax collection.

The NRS will be governed by a board comprising a chairperson appointed by the President, an executive vice chairperson (subject to Senate confirmation), and six executive directors representing each geopolitical zone on a rotational basis.

2. Value Added Tax (VAT) Distribution Adjustments:

The VAT rate remains at 7.5%; however, the distribution formula has been revised:

Federal Government: Reduced from 15% to 10%

States: Increased from 50% to 55%

Local Governments: Remains at 35%

For State allocations:

50% shared equally among all States

20% based on population

30% based on the place of consumption

For local governments:

70% shared equally

30% based on population

3. Introduction of a 4% Development Levy:

A new 4% development levy has been introduced to fund key national agencies, including:

Tertiary Education Trust Fund (TETFUND) – 50%

Nigerian Education Loan Fund (NELFUND) – 15%

National Information Technology Development Agency (NITDA) – 10%

National Agency for Science and Engineering Infrastructure (NASENI) – 10%

National Cybersecurity Fund – 5%

Defence Security Fund – 10%


4. Establishment of the Tax Appeal Tribunal and Tax Ombud Office:

A Tax Appeal Tribunal will be established to handle disputes related to federal and state tax laws, aiming to enhance efficiency and credibility in tax dispute resolution.

An Office of the Tax Ombud will be created to address taxpayer grievances and promote fairness in tax istration.

5. Enhanced Penalties for Non-Compliance:

Stricter penalties have been introduced for tax non-compliance, including:

Failure to : ₦100,000 in the first month, ₦50,000 for each subsequent month

Failure to file returns: ₦200,000 in the first month, ₦50,000 for each subsequent month

Failure to keep books: ₦10,000 for individuals, ₦100,000 for companies

Failure to remit tax deducted at source: Up to three years imprisonment upon conviction

Comparison with Previous Versions

The Senate's version of the tax reform bills incorporates several significant changes from the versions previously ed by the House of Representatives:

VAT Distribution: The Senate adjusted the VAT sharing formula, reducing the federal government's share and increasing the States' share, to promote greater fiscal federalism.

Development Levy: The Senate introduced a 4% development levy to ensure sustained funding for critical national agencies, a provision not present in the earlier House version.

istrative Reforms: The establishment of the NRS, Tax Appeal Tribunal, and Tax Ombud Office reflects a comprehensive approach to modernizing tax istration and dispute resolution mechanisms.

These harmonized bills are now set to be transmitted to President Tinubu for assent, signaling a significant shift in Nigeria's tax policy landscape."




The above 👆 is the highlights of the “FOUR TAX REFORM BILLS” just ed by the Senate for your information.

1 Like 1 Share

condralbedez: 5:26am On May 14
The Zone Bs are even tired of defending these propagandas of APC Government.
Abeg what mannabbqgrill

1 Like

condralbedez: 7:20am On May 13
Cleared to be able borrow again for 2027 generation.
Some urchins need to collect 2k for propagandas.
condralbedez: 7:11am On May 13
It's the greedy and selfish People, that only care for their stomach infrastructure that attacks P. O

9 Likes 1 Share

condralbedez: 7:04am On May 13
grin

Maybe he is yet to APC. Assuming he is a strong member of the Criminal club, nobody will hear this case again.

APC and your sins will be forgiven..... Adams Osho
Former APC National Chairman

90 Likes 8 Shares

condralbedez: 11:00pm On May 12
Our commander in chief is busy recruiting people for 2027 general election.

And the agbodorians are still okay with that.
Posterity will surely judge them.

1 Like

condralbedez: 9:03am On May 11
Just as the skull mining and rituals are for the West, so is drug dealing is for the East. And Bandits/Terrorists group are for the North.

Nigeria is in a disarray, and our Old/greedy politicians don't bloody care about it.
condralbedez: 8:57am On May 11
smiley

1 Like

condralbedez: 8:52am On May 11
angry

Nothing consign APC Government to the killings, Tinubu is busy recruiting people for himself, just for 2027 general election.
Bunch of Evil greedy old fools.
condralbedez: 8:37am On May 11
Smartcitizen:



He s Tinubu for a living just like many people in south west are doing.


🤣🤣🤣🤣🤣🤣🤣

grin grin grin
You mean like helinus

11 Likes 1 Share

condralbedez: 5:44pm On May 10
Reno mockery is a nuisance, it's only the agbodorians that take him serious this day.

5 Likes

condralbedez: 5:28pm On May 06
The beating will reach everyone, let those ing evil continue ,Nigeria is a jungle nothing anybody fit tell me.

1 Like

condralbedez: 1:42pm On Apr 29
Wuru wuru government.
Wayo wayo government.
What has lodging with woman got to do with his release.
Another news for the APC urchins to be masturbating on top.

2 Likes

condralbedez: 8:05am On Apr 27
olioxx:
Can someone explain the usefulness of this visit?
Eye service.
They should visit Plateau, Benue, Enugu and other states that herdsmen are ravaging.

1 Like

condralbedez: 6:20am On Apr 27
The Northern elders created BH to jeopardize Southern President.

2 Likes

condralbedez: 6:13am On Apr 27
undecided
condralbedez: 6:06am On Apr 27
undecided
So are you going to increase the caution fee to another tenant Since you keep shouting what's 250k,most of those agents are the real evil

60 Likes 4 Shares

condralbedez: 5:54pm On Apr 21
undecided
condralbedez: 10:48pm On Apr 16
Lazy Youths, Niger Delta remain the least under developed region in this Nation.

With all the resources in the land, it's really a big shame.

11 Likes

condralbedez: 9:25pm On Apr 16
PUNANI01:
Cardoso whatever is a criminal!
Engineered by the robot, galvating in the corridor's of another man nation()
condralbedez: 9:20pm On Apr 16
Anything possible to unseat bulaba, is a win
condralbedez: 3:12pm On Apr 15
Odewaleadesoye:
Hello everyone,

I know many people are feeling deeply hurt and confused after losing money to the CBEX scheme.

Right now, it may seem like everything has fallen apart, and you might feel stuck. But please, I want you to read this carefully.


Your life still has meaning, even if it doesn't feel that way at the moment. Pain can make everything look hopeless, but it doesn’t mean things will stay this way. Situations change. Emotions change. Recovery is possible.

Please don’t make a permanent decision because of a temporary storm. If you’re overwhelmed, talk to someone. Call a friend, a family member, or even express how you feel online.

Whatever helps you feel lighter, please do it. You are not weak for needing help — you are human, and you deserve peace, joy, and a second chance.


Yes, you made a mistake. You took a risk and unfortunately, it didn’t go as planned. But let’s learn from this: if something sounds too good to be true, it probably is.

You are not alone, and better days will come.
Hold on. You're stronger than you think.


With encouragement and hope,
Odewale Adesoye (Green Man)
Thanks so much for your kind words.its not easy
condralbedez: 11:30pm On Apr 14
Tinubu!Please come to our aid, the Fulani herdsmen are killing the populace, no region is safe now.

No matter what you felt we did to you, please help us. Seyi tell your papa, say insecurity is ravaging our land.

1 Like

condralbedez: 11:24pm On Apr 14
It's not easy.
condralbedez: 10:41pm On Apr 13
cool

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