NewStats: 3,261,817 , 8,175,257 topics. Date: Friday, 30 May 2025 at 04:56 PM 6n4j26

According to Mr. Taiwo Oyedele, Tax Partner at Price Water House Coopers (PWC), VAT is currently shared 50% to states, 35% to Local Govts and 15% to the Federal Government.
The Federal Government will not lose money when states start collecting but may be the biggest winner to get as high as 60% instead of 15% the Federal Government is currently getting.
Details of his analysis in this video.


https://www.youtube.com/watch?v=8Adlc5EPAlY

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How real is this?
Is it not fake?

This not about FG wining this is about protecting those unproductive states that they use to rig elections nothing more

It's more about keeping north feeding bottle safe

colorsofrainbow:

How real is this?
Is it not fake?

U haven't heard of pi network?
Reg and be mining till December o

investorMK:

U haven't heard of pi network?
Reg and be mining till December o

Haha pi network is a joke.
Unreal stuff.
Wake me up when it's real

Keeping northern feeding bottle safe and gombe commissioner and that kid governor is begging others to be their brothers keeper?

FG might need to shed some responsibility and possibly remove some things from that evil exclusive list, but you see this VAT, some people go hear am

mrvitalis:
This not about FG wining this is about protecting those unproductive states that they use to rig elections nothing more

It's more about keeping north feeding bottle safe

colorsofrainbow:

Haha pi network is a joke.
Unreal stuff.
Wake me up when it's real

okay o

mrvitalis:
This not about FG wining this is about protecting those unproductive states that they use to rig elections nothing more

It's more about keeping north feeding bottle safe

The point is FG has jurisdiction over most of VAT generated so States clamouring for collection is not the solution.
The problem here is not whonis collecting but hownit is being shared i.e. mere 20% based on derivation (states collected from) and whooping 50% on equality and 30% based on their fake population data.

If states push to collect, FG still controls the bulk of VAT collection which is from import VAT, international VAT, and From F.C.T.

[quote author=Qtrpst4 post=105756516]Keeping northern feeding bottle safe and gombe commissioner and that kid governor is begging others to be their brothers keeper?

FG might need to shed some responsibility and possibly remove some things from that evil exclusive list, but you see this VAT, some people go hear am

States should demand that higher percentage (upto 80%) be based om derivation, not to take collection or exclusive list be reviewed.

Is it a way of the long clamored restructuring?

Stone03:
Is it a way of the long clamored restructuring?

Restructuring by the same blind criminals? A bad tree can never yield good fruits, keep deceiving yourself, they will only enrich themselves & family more.

Afonjas backstabbers This one just dey find way to please their slave master

How will FG gain Who go give them the 60%

Well shall this regime is known for propaganda!

Be it as it may, if states starts collecting VAT, if it's properly utilized, the people will be the biggest winners!

Dovegrey:
Afonjas backstabbers
This one just dey find way to please their slave master

All you Children, back stabber for speaking the truth, you think by deceiving yourself, it turns to the truth? Why not advocate for the Local Government to keep their resources & revenue, why should Eti OSA share it’s revenue with Alimosho Local Government? Why should the Local Governments collect 35% & the state collects 50%? What kind of cheating is this, what does the state do to be collecting 50%?

[quote author=Stephenszego2 post=105756971][/quote] States already collect 85%, It seems your like millions of people that just comment but don’t know anything?

Wiseandtrue:
How will FG gain Who go give them the 60%

Well shall this regime is known for propaganda!

Be it as it may, if states starts collecting VAT, if it's properly utilized, the people will be the biggest winners!

Why not the Local Government collect the VAT?

True talk but no going back. VAT will end up on Concurrent list

omowolewa:
True talk but no going back. VAT will end up on Concurrent list

The RMFAC should also review their distribution process, Local Governments should keep 60% of their revenue, whilst the states get 30%, FG 10%, not the present wayo States 50%, Local Governments 35%, FG 15%.

Coneheaded structures... always ready to sell out and betray for a morsel of amala et ewedu.

Buckeyemedia1:
The RMFAC should also review their distribution process, Local Governments should keep 60% of their revenue, whilst the states get 30%, FG 10%, not the present wayo States 50%, Local Governments 35%, FG 15%.

Do you know what is meant by concurrent list?

Buckeyemedia1:
Why not the Local Government collect the VAT?

State governors better collect it if they want to see a kobo!
Many of them are not responsible enough to handle such responsibility

Give it to them and watch them turn to god overnight

LG should relate with people at the grassroot and intimate the governor on the areas where development is needed!

AfonjaConehead:
Coneheaded structures... always ready to sell out and betray for a morsel of amala et ewedu.

I know your state will collapse within 6 months, mention your state if you are not ashamed of it?

Buckeyemedia1:
Restructuring by the same blind criminals? A bad tree can never yield good fruits, keep deceiving yourself, they will only enrich themselves & family more.

Do you mean we should forgo restructuring?

Buckeyemedia1:
I know your state will collapse within 6 months, mention your state if you are not ashamed of it?

Papa tell us your age if you ain't ashamed of it or kindly shut up, thank you very much.

Wiseandtrue:

State governors better collect it if they want to see a kobo!
Many of them are not responsible enough to handle such responsibility

Give it to them and watch them turn to god overnight

LG should relate with people at the grassroot and intimate the governor on the areas where development is needed!

OK you want a scenario that fits your narrow outlook? The people that makes the law say Federal shall collect you say no, so let them change it to Local Governments controls & collects revenue for their resources, same laws that gave the states the powers have stripped them off those powers, why are you complaining?

colorsofrainbow:

Haha pi network is a joke.
Unreal stuff.
Wake me up when it's real

U will regret not ing come December

investorMK:
okay o

Bro just leave am

Nigeria propaganda and nonsense...useless government



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Buckeyemedia1:
All you Children, back stabber for speaking the truth, you think by deceiving yourself, it turns to the truth? Why not advocate for the Local Government to keep their resources & revenue, why should Eti OSA share it’s revenue with Alimosho Local Government? Why should the Local Governments collect 35% & the state collects 50%? What kind of cheating is this, what does the state do to be collecting 50%?

i know you are from kebbi state that can't even generate money for pure water.

Dovegrey:

i know you are from kebbi state that can't even generate money for pure water.

Birin Kebbi to be precise, I am still Nigerian, what state are you from Almijiri?