NewStats: 3,262,614 , 8,177,694 topics. Date: Tuesday, 03 June 2025 at 03:27 AM 4f1u30

DomPerignon:


I am not Yoruba .

But what I know which is what I have been posting here for years, is that you in the SE are the greatest existential threat to the south.

Come clean and tell us that the bill will make you parasites more poorer .

A situation where Imo contributes only #325million as VAT but gets over #34bn as its share through the current sharing formula will of course be staunchly protected by you in the SE.

At least , northerners are not ashamed to cry that the parasitic sharing formula if ended will leave them bankrupt.

0koro like you are all jumping around the issue without coming out straight to defend your parasitic life line.

How much is Oyo,Ondo,Ekiti and Osun state contributing and how much are getting in return?

DomPerignon:

The increase in tax rate is for those earning above #100,000,000 annually set at 25%.


Do you fall under this category ?
I believe the answer is a no.

Secondly the bill scraps taxing anyone earning below #1,000,000 annually.

But that's not why the north is crying.

The north will care less if you even tax people down south earning less than #100,000 annually at 60% rate.

This is because the existing sharing formula benefits the north and the yeast who have next to zero tax base and rely on other productive and proactive tax base states.

Even at the same sharing formula , the north and yeast won't complain if the tax rate is doubled because that will translate to double their share from the current sharing formula.

Do you now understand why both the north and yeast are against the reforms ?

u seem to be going another direction.

Is there a bill to tax those earning above 1million Naira monthly ? Yes or No. Then we will debate from there.

paramakina202:


How much is Oyo,Ondo,Ekiti and Osun state contributing and how much are getting in return?

They are contributing far more than any of your yeast states but getting far less.

Oyo is up there in the top 3 tax generating states after Lagos and Rivers.

There's a thread here on NL that broke down the tax generating states and how much they got back from the FG.

The yeast remains the least contributing zone in the federation but has the highest return from federal allocations ranging from 800 to 1,000% among the five states.

DomPerignon:


They are contributing far more than any of your yeast states but getting far less.

Oyo is up there in the top 3 tax generating states after Lagos and Rivers.

There's a thread here on NL that broke down the tax generating states and how much they got back from the FG.

The yeast remains the least contributing zone in the federation but has the highest return from federal allocations ranging from 800 to 1,000% among the five states.

I need detail analysis of those states as the case of Imo state.Thank you.

Ringstonermasks:
u seem to be going another direction.

Is there a bill to tax those earning above 1million Naira monthly ? Yes or No. Then we will debate from there.

Income tax is not new in Nigeria unless you are working in the grey sector.

The bill is only proposing increment in tax rate for those earning above #100,000,000.

There's no provision in that bill to increase income tax rates outside that bracket but there's provision to exempt low income earners totally from paying taxes and tax the super earners higher.

The main issue isn't the tax rate but reforming the sharing formula to have states keep 50% of their taxes.

How can you be working in Lagos and your tax is going to UGM camp in Imo?

Does that make sense?

What will then motivate these governors that sit down collecting allocations from the FG every month to fix their states ?

This is why northern and SE governors could care less if their states are burning when free money from Lagos , Rivers , Oyo, Ogun and Delta will arrive without fail at the end of the month?

paramakina202:


I need detail analysis of those states as the case of Imo state.Thank you.

Search for it here on NL.

There's a topic that was done on this tax distribution thing.

I am not your errand boy.

DomPerignon:

Search for it here on NL.

There's a topic that was done on this tax distribution thing.

I am not your errand boy.

But you can randomly qoute that of Imo state but do know about your own state.

paramakina202:


But you can randomly qoute that of Imo state but do know about your own state.

I referenced your Imo and yeast because they get far more than they contribute by a wide margin even compared to what the north contributes and receives.

Your governors and legislators are all silent because if they make noise it will expose your yeast as the least productive and contributive region and the biggest welfare queens in the polity.

DomPerignon:


I referenced your Imo and yeast because they get far more than they contribute by a wide margin even compared to what the north contributes and receives.

Your governors and legislators are all silent because if they make noise it will expose your yeast as the least productive and contributive region and the biggest welfare queens in the polity.

I am sure sadwaste states except of Lagos and Ogun are not doing any better I challenge you to post their imput here.

paramakina202:


I am sure sadwaste states except of Lagos and Ogun are not doing any better I challenge you to post their imput here.

Whataboutism


Oyo is in the top range with Delta state.

It's this foolishness that is fueling ineptitude in that your barren yeast that has added terrorism to its basket case of troubles.

If your governors had to rely on their own tax base to run their states , do you think they will not do everything to keep the peace and attract investors ?

Take Zamfara that has proven gold reserves that for some reason successive governors are not willing to attract investors to come and mine it. Instead the governors have been accused of aiding bandits and illegal miners to mine the gold . This has led to Zamfara being one of the most terrorised states in the country. The governors don't care because at the end of the day , Tax from the productive south will come in the end of the month for them to further loot.

Same thing your own governor in Imo is doing as you go about terrorising yourselves down there. Your terrorism has no bearing on state finances as long as it keeps flowing from Abuja .

So if you like continue. Your crooked governors are there for their pocket and pockets only.

If they had to rely on their own tax base do you think your Biafra nonesense or all those rag tag terrorist groups up north won't disappear ?

DomPerignon:

Whataboutism


Oyo is in the top range with Delta state.

It's this foolishness that is fueling ineptitude in that your barren yeast that has added terrorism to its basket case of troubles.

If your governors had to rely on their own tax base to run their states , do you think they will not do everything to keep the peace and attract investors ?

Take Zamfara that has proven gold reserves that for some reason successive governors are not willing to attract investors to come and mine it. Instead the governors have been accused of aiding bandits and illegal miners to mine the gold . This has led to Zamfara being one of the most terrorised states in the country. The governors don't care because at the end of the day , Tax from the productive south will come in the end of the month for them to further loot.

Same thing your own governor in Imo is doing as you go about terrorising yourselves down there. Your terrorism has no bearing on state finances as long as it keeps flowing from Abuja .

So if you like continue. Your crooked governors are there for their pocket and pockets only.

If they had to rely on their own tax base do you think your Biafra nonesense or all those rag tag terrorist groups up north won't disappear ?

Forget whataboutism I need facts about sadwaste states lets compare if Imo state is the only state benifiting from VAT sharing formular.

paramakina202:


Forget whataboutism I need facts about sadwaste states lets compare if Imo state is the only state benifiting from VAT sharing formular.

I told you that your yeast is the least productive and number 1 federal government pikin and all you can think of is trying to measure your clit you call prik with the Yorubas.

Ha!

DomPerignon:


I told you that your yeast is the least productive and number 1 federal government pikin and all you can think of is trying to measure your clit you call prik with the Yorubas.

Ha!

Let satistics speak for itself.Why is that so hard?
Give us the complete satistics.

DomPerignon:


Income tax is not new in Nigeria unless you are working in the grey sector.

The bill is only proposing increment in tax rate for those earning above #100,000,000.

There's no provision in that bill to increase income tax rates outside that bracket but there's provision to exempt low income earners totally from paying taxes and tax the super earners higher.

The main issue isn't the tax rate but reforming the sharing formula to have states keep 50% of their taxes.

How can you be working in Lagos and your tax is going to UGM camp in Imo?

Does that make sense?

What will then motivate these governors that sit down collecting allocations from the FG every month to fix their states ?

This is why northern and SE governors could care less if their states are burning when free money from Lagos , Rivers , Oyo, Ogun and Delta will arrive without fail at the end of the month?

that's how u people defend rubbish.


I asked a simple question, it a yes or no question, why didn't u answer it?


U are mentioning Igbos, I am an Urhobo man, so how did Igbo get into the discussion.

For ur notice, we SS stand with the Northeners and Easterners in dix, cos we are tired of useless policies by ur president while u try to defend him with incorrect English.

I won't even argue with u. I studied Economics And Statistics in the University nd am telling u now that u are analysing gabage.

You're trying to use an outdated techniques of sophisticated analogy to trick minds. Everybody is not an idiiot.


2027 is not far again. We will resign ur tribesmen and their tribalism technique from politics.


Nonetheless, my question still stands. If u can't answer it, then there is no need quoting me.

"Is there a bill to tax those earning above 1million Naira Monthly ?"

Yes or No

DomPerignon:


Idiot, I answered your dumb question and added jara on top.

Yes or No.

Forget grammar.

"Is there a bill to tax those earning above 1 million Naira Monthly ?"

DomPerignon:


0koro, you can search for it here using the search button . Type "vat distribution to states".

I am not your errand boy.

By the way, the reason I am hammering on your yeast is so you idiots can finally realize that Nigeria has been feeding you .

Without Nigeria and Nigerians Lagos is nothing if you think you are self sufficient why not go for separation since you have political power to do so and eat all the VAT money coming from Lagos alone?

Northbwas never mentioned in d bill bt u keep hearing north north north .....they not interested in d overall aim n objective of d bill for Nigeria as a whole.Loyalty to tribe n religion before country.
One thing is sure,d north has finally accepted that they bring nothing to d table economic wise bt use large numbers frm unregulated childbirth to collect more than most part of Nigeria.
Me sef wey come frm north dey shame rite now

helinues:
Sarki, you need to be calming down

You are quoting your own self

DomPerignon:


Your fellow aboki welfare case is opposed to the bill because it ends the dependency of taking tax revenue generated from productive southern states and given it to them and your useless SE .

I have been warning about you ibos and how you will align with the north to prevent restructuring.


Thank God you are all now proving me right.

Oga what of oil?

Ringstonermasks:
Yes or No.

Forget grammar.

"Is there a bill to tax those earning above 1 million Naira Monthly ?"

But he actually answered your question; the answer is NO if you are earning above 1M and below 100M per annum.
It was clearly stated in his response to your question

I just hope those of you ing or opposing this bill have taken time to read its content. It’s a 213 pages bill and I see no reason for a rush assenting of such bill.

From what I’ve read so far, the taxes wey these guys wan collect go cause too much wahala o.

I don't even know much about this tax reform bill but for the fact that it's makimg the northern elites uncomfortable, I'm all for it! For decades now, every government in power has been pandering to them, giving them special treatment. What did their elites use it to achieve? Impoverishing their citizens and sponsoring bandits to terrorize their region. No more special treatment, make everybody dey him dey! Sebi Niger Delta oil belongs to Nigeria and Northern minerals belong to the North abi? They never start to lament.

challoxxx:


But he actually answered your question; the answer is NO if you are earning above 1M and below 100M per annum.
It was clearly stated in his response to your question

either u are shameless or u are ignorant


Go and read d bill online and see for urself

DomPerignon:
Tinubu is the enemy of the north because he wants to stop you lazy idiots from benefiting from the taxes and VAT revenue from other states in the South.

Zamfara gold is being mined by terrorists backed by powerful northern elements with not an ounce of that gold being paid into the federation or even being used to improve the lives of Zamfara citizens. Instead that same illegal gold mining is what is fueling the crisis in Zamfara that has spread across the entire NW.

anything northerners vehemently oppose is always generally good for the entire country but on the other hand, Tinubu govt have been a game of hide and seek. I genuinely can't trust anyone at the moment.

DomPerignon:
Tinubu is the enemy of the north because he wants to stop you lazy idiots from benefiting from the taxes and VAT revenue from other states in the South.

Zamfara gold is being mined by terrorists backed by powerful northern elements with not an ounce of that gold being paid into the federation or even being used to improve the lives of Zamfara citizens. Instead that same illegal gold mining is what is fueling the crisis in Zamfara that has spread across the entire NW.

Baba shut up and continue with your attack on the east,old roger 😁

DomPerignon:


I am not Yoruba .

But what I know which is what I have been posting here for years, is that you in the SE are the greatest existential threat to the south.

Come clean and tell us that the bill will make you parasites more poorer .

A situation where Imo contributes only #325million as VAT but gets over #34bn as its share through the current sharing formula will of course be staunchly protected by you in the SE.

At least , northerners are not ashamed to cry that the parasitic sharing formula if ended will leave them bankrupt.

0koro like you are all jumping around the issue without coming out straight to defend your parasitic life line.

What a human being this one is!!!!!

Shame

Ringstonermasks:
either u are shameless or u are ignorant


Go and read d bill online and see for urself

So you can’t communicate without being insulting; you asked a question; he answered your question and I pointed it out to you…..his response not mine and you resulted to being insulting.
If he is wrong; point it out and say the correct answer…..you need to learn to be Civil

challoxxx:


So you can’t communicate without being insulting; you asked a question; he answered your question and I pointed it out to you…..his response not mine and you resulted to being insulting.
If he is wrong; point it out and say the correct answer…..you need to learn to be Civil

You are now seeing IPOB pilpul .

They are born liars and think they are smart.

Never ever trust what comes out of an 0koro's mouth.


Those banzas will make you doubt your own eyes with how blatant they lie.

They are a race of pathological liars.