NewStats: 3,262,997 , 8,178,780 topics. Date: Wednesday, 04 June 2025 at 10:48 AM 2y3t266z3e3g |
Why VAT And Taxes Don’t Define Development! (8264 Views)
Karleb(m): 3:59pm On Jan 27 |
Everyone with brain except those who stay in alagbado knows taxes doesn't define development. ![]() ![]() 3 Likes |
peteofi(m): 3:59pm On Jan 27 |
If the economy is in terrible shape, no amount of VAT will work. Besides people will need to be productive to pay VAT, companies need to be up and doing for it to work.
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PresidObi: 4:00pm On Jan 27 |
Ojuntana: See consolation for poverty. ![]() 2 Likes |
Goke7: 4:00pm On Jan 27 |
going by this logic, why are folks against region restructuring and tax reforms? is it fair that we tax some people more to feed those paying little taxes? The write-up is crap! 2 Likes |
History555: 4:00pm On Jan 27 |
Judolisco: Cry cry baby. You pay your tax, I keep my tax and still collect half of your tax. If it vex you, kpai ya self 6 Likes 1 Share |
PresidObi: 4:01pm On Jan 27 |
Karleb: I still wonder why some of our neighbours are beating their dry chests over tax and ayjiaaaar ![]() 2 Likes 1 Share |
PresidObi: 4:01pm On Jan 27 |
History555: ![]() ![]() 1 Like |
Ten06(m): 4:02pm On Jan 27 |
VAT, BAT and Taxes do not define development
1 Like |
Iolo(m): 4:03pm On Jan 27 |
There is a fundamental flaw in the OP's analysis. Tax havens are always countries with small populations - Singapore has 6million people, Luxembourg, UAE etc all have tiny populations. Is there a country with 250 million+ mouths to feed that doesn't rely on VAT and/or Taxes? Even the Singapore, quoted by the author has 30% of its tax revenues coming in from Company Income Tax (CIT). If there are no companies, how is income generated? Singapore generated $30billion in Company taxes in 2023 alone...that's significantly more than Nigeria makes with a much larger population. The attitude towards tax needs to change...same way we must call for Government to use taxes more judiciously. https://www.oecd.org/content/dam/oecd/en/topics/policy-sub-issues/global-tax-revenues/revenue-statistics-asia-and-pacific-singapore.pdf 1 Like |
Ojuntana: 4:05pm On Jan 27 |
PresidObi:Brown roof is not a sign of poverty If it is, Enugu is also bedevilled with poverty 3 Likes |
Karleb(m): 4:06pm On Jan 27 |
PresidObi: Because they don't have sense. Banana dey spoil, dem say he dey ripe. 2 Likes |
Bullfallo(m): 4:13pm On Jan 27 |
Over tax dependent countries suffer high standards of living and inflation. Over the years they lost manufacturing companies to south east Asia. Look at adidas and nick they are manufacturing from 3rd world nations due to low cost and a competitive markets. 1 Like |
Panda7(m): 4:14pm On Jan 27 |
If not for selfish reasons who would keep Nigeria with its current state together. Yoruba people want to constantly rub off the south south else the south south gains nothing being in Nigeria
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emmnprince(m): 4:19pm On Jan 27 |
EasternActivist: The bolded is uncalled for |
Whois(m): 4:27pm On Jan 27 |
The op is being economical with the truth. South East is far from developed
3 Likes |
sulaak(m): 4:29pm On Jan 27 |
ariesbull: Without tax and VAT, how can the government provide infrastructure and service 2 Likes |
lexy2014: 4:36pm On Jan 27 |
ariesbull: Is there any state or region in Nigeria that is descent? 1 Like |
lexy2014: 4:38pm On Jan 27 |
Standing5: How? |
SeeWahala: 4:41pm On Jan 27 |
PresidObi: I love this ![]() Please, always to stress, drag and emphasize the R in ![]() |
YouAreNobody: 4:43pm On Jan 27 |
GBTYO: why you dey lie? When the SS politicians were agitating for respurce control, the SE senators were the only ones who staged a walk-out with the SS senators in the hollowed chamber. I'm sure you're an agbado urchin, lying is in your blood 4 Likes 1 Share |
ObosiLandlord(m): 4:43pm On Jan 27 |
PresidObi:I can't cry because of a parasite 1 Like |
PHIPEX(m): 4:46pm On Jan 27 |
helinues:See how you proudly display your low IQ. Are you aware "free trade zone" means no or very low tax? yet thats where many companies operate? Thr East has plenty of informal business, eg " me and my sons ventures" and sole proprietors controlling millions and billions in turnover but low tax because of the structure. It's different from a small company in a place like Lagos with 3 staff yet "Ltd" in registration and heavy tax. Go to Alaba and computer village and find out how many are Ltd in registration 2 Likes 1 Share |
Love800(m): 4:47pm On Jan 27 |
Apart from infrastructures, is it from the VAT money(tax) that government use to pay salary to government workers? I doubt this. I will go and do research about it. Thanks for your comment on the thread though. ObosiLandlord: |
YouAreNobody: 4:47pm On Jan 27 |
helinues: He schooled you with facts and figures and this is all you could churn out? Pathetic you are |
Love800(m): 4:54pm On Jan 27 |
But what is the difference if its consumption that is taxed and productivity is not? Is the productivity and consuming not from the same business! ariesbull: |
Judolisco(m): 4:57pm On Jan 27 |
History555:d only person crying here is you oga.... Na una new name bdat from now on... Parasites ![]() 2 Likes |
Orch1981: 4:58pm On Jan 27 |
GBTYO:You mean the lokoja where I was born went primary and secondary school oga lokoja na complete backwardness make una easy dey hype people dey travel ooooo 5 Likes |
YouAreNobody: 5:06pm On Jan 27 |
Guestmale: young man shattap abeg, just look at the useless excuse you're giving. |
Afrowits: 5:08pm On Jan 27 |
helinues: It is their usual way, just watch as they will start writing different articles and stories and all the bla bla bla up and down, but assuming the report favors them and the SW is the least, you will them insulting the SW and other regions. That is their usual way, you don't need to respond to some of their useless articles and write up. 1 Like |
kayperry: 5:08pm On Jan 27 |
ariesbull: All these brain gymanstic just to save face, that VAT stats must have hit below the belt How about you substantiate your arguement with development index ... lets see if east region the fastest developing region in Nigeria. No people in right senses desert fast developing region, reverse is always the case 1 Like |
franchasofficia: 5:14pm On Jan 27 |
GBTYO:If the crude oil and natural gas found in Southeast alone is left for the people of Southeast, it will be more than enough to fund Biafra if properly managed by a responsible government. Imo state is the 5th largest oil producing states despite the illegal and inhumane boundary adjustments by Obasanjo that took oil rich Imo communities and placed them in Rivers state, example is Egbema, etc. You are free to tax yourselves to poverty to enrich your corrupt political elites who collect your tax and loot it for their personal use. Tinubu is a taxmaster, he derives ecstacy from taxing poor people to feed his corrupt self not to develop the state, you guys can continue with his model, Southeast prefer to make it's region a tax haven ![]() 5 Likes |
YouAreNobody: 5:15pm On Jan 27 |
Whois: lolzzzz..see mumu. This is the nonsense you guys keep telling yourselves. Aside Lagos, which other state in the SW can be compared to the states in the SE in development? Is it Ondo state? abi Oyo? or is it Ogun? Or Osun? lolz....yoruba ![]() |
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