Sir Mahdi: Thanks for your insights, eloquence and elocution. You need to have a platform where you speak to society. Your mind is sound and your intellect is superb.
Provide statistics of people consumptions from each state and share the VAT according to consumptions. South can't be cosuming alcohol and north wants to share from alcohol VAT
You can't run a diverse country like that. Lagos has huge advantage because it was the former Federal Capital. Even in the US, tax generated in California and Texas are used to help small states wirh less revenue. Yes, states like Kano should have no excuse. They should ramp up their economic activities. States like Ekiti and Ebonyi and many states in the North can't survive .
All those northern elite that is in charge of gold in zamfara should help pay the stete,,and also the nprth do not consume alcohol, why should you get the taxes from alcohol?
VAT derivation % is supposed to be based on the end-users and not based on the place of production or where the producer's headquarters is located. If this is the case, then 60% allocated to derivation is very appropriate and considerate. It therefore means, for example, that Lagos would get more VAT from fuel consumption compared to Rivers State, while Kebbi, would derive more VAT from fertilizers compared to Lagos State where they are being produced.
Reflect on what you said again and you'll identify the flaws in your submission. Let me give you a guide, compare the industrial base of Lagos with other states and you'll get your answer.
But that’s technically what the bill says. The bill allows tractability to know where the major consumers are and where VATs are being generated more. This is a win for north on all levels but lack of reading and understanding is the major problem of their leaders. Ayodele has extensively explained this. Souther states should be the one complaining accommodating the company’s HQ and manufacturing plants
Like the accountant person said. What are the Nigerian government is doing with the money they are collecting? No good roads, hospitals, Educational and opportunities for the citizens to drive. The tax money is not reflected on the people it reflects on the Bourgeoisie and reflects on the so-called Nigerian wealthy. This does not trickle down to the people.
Shehu Madhi, your contribution is enlightening, I could not fault your reasoning. I am shocked , that somebody of this quality can come from the north. You are exceptional. I venture to say that there is no other living northerner of similer sound mind, completely unadultrated from inherent destructive religious demon.
You do not think someone like Mahdi Shehu could come from the North. If you think this statement is complimentary, you are sadly mistaken. At best, this warped thinking is fuelled by ethnic or regional bigotry. Please, refrain from insulting the sensibilities of the Northerners, and do not prop up yourself as being better than us.
The Norther Nigeria banned alcohol drinks and they are sharing from from consumption tax. This is cheating to the Southern Nigerian that are consuming the drinks. What each State brings in terms of Consumptions is what they will get as Tax return without any cheating.
To determine place of consumption for goods/services with a national consumption pattern, the location of distributors can be a guide. For instance, it is unlikely someone will by cement from a distributor in Sokoto for use in Kaduna. Financial reports are also expected to disclose segmented infomation, which shows a breakdown of their sales of goods/services by products and by geographical location. The segment information will support the provision location based consumption for VAT sharing purposes.
Nigerians don't want to work they want to eat from other people. You don't ask your governors for productivity, you just want to share from other people's hardwork. No South West state is complaining.
75% companies are domiciled in the southwest, that's the hoodwinking of the gullible masses by the PBAT government and his Bourdillion southwest agenda. The rest of the regions most especially Northeast, North Central, South East, North West and South South are all gonna be losers. Southeast would be mostly affected because 80% South easterners are resident outside their zone and so is their business and companies.
You are 100% correct let's all other states go and work hard to attract investment to their states period. Lazy people laying claim to the reward of other people's hardwork that is the definition of this shameful demands by Northern governors
T-pain wants to collect tax instead of growing the economy. When we have a big economy we can derive more tax revenue. With the small economy we have and the prevailing poverty, is collecting more tax revenue a sensible thing to do ? Effective tax administration and collection is important but should be done at the pace of economic growth. Under the current system, we need to improve collection not expand collection. We need to encourage economic growth so more businesses can join the tax bracket.
The tax should be paid where the tax was paid.The HQ of these organizations should direct their branches to retain the taxes where it was paid. On the hand the hausa/Fulani man is asking for regional government.
How do you deliberate on States that prohibited the consumption of alcohol and still want to get vat from those people you destroyed their goods in the name of Sharia. Why not task the Sharia courts and pull your vat from there?
This man talks as if that is every Nigerian that have short memories. People who have been in power for 47 yrs and are still crying for marginalization and clueless Buhari just handed over to thieftinubu.
The north is misinformed. VAT is collected only when goods exchange hands or ownership. Whenever the northern farmer with their productive base sells his goods, he will COLLECT VAT from the southern trader. They are producers, not consumers, so nothing concerns them with paying VAT on their sweat. Not everything is produced to be sold and expected to be consumed in lagos. It is expected that FIRS will collect VAT according to sales to state branches of the company HQ or by distributor locations and remit to the states where they are located. Lagos itself will be considered as a branch, too, in their calculations. Actually, the north with their population should benefit, assuming they consume more of what the HQ sells..
![I.N "HALLUCINATION" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/n5B5q1Hwt_U/mqdefault.jpg)
Sir Mahdi: Thanks for your insights, eloquence and elocution. You need to have a platform where you speak to society. Your mind is sound and your intellect is superb.
Nigeria should be divided honestly….federalism fails
Thank you, sir Mahdi.
Bitter truth spilled.
Provide statistics of people consumptions from each state and share the VAT according to consumptions. South can't be cosuming alcohol and north wants to share from alcohol VAT
Why can’t the states govt complaining about the new tax bill create and generate economic activities in their states!!!
You can't run a diverse country like that.
Lagos has huge advantage because it was the former Federal Capital.
Even in the US, tax generated in California and Texas are used to help small states wirh less revenue.
Yes, states like Kano should have no excuse. They should ramp up their economic activities.
States like Ekiti and Ebonyi and many states in the North can't survive .
All those northern elite that is in charge of gold in zamfara should help pay the stete,,and also the nprth do not consume alcohol, why should you get the taxes from alcohol?
VAT derivation % is supposed to be based on the end-users and not based on the place of production or where the producer's headquarters is located. If this is the case, then 60% allocated to derivation is very appropriate and considerate. It therefore means, for example, that Lagos would get more VAT from fuel consumption compared to Rivers State, while Kebbi, would derive more VAT from fertilizers compared to Lagos State where they are being produced.
Thank you, some of these guys dont know what VAT is
Reflect on what you said again and you'll identify the flaws in your submission. Let me give you a guide, compare the industrial base of Lagos with other states and you'll get your answer.
But that’s technically what the bill says. The bill allows tractability to know where the major consumers are and where VATs are being generated more. This is a win for north on all levels but lack of reading and understanding is the major problem of their leaders. Ayodele has extensively explained this. Souther states should be the one complaining accommodating the company’s HQ and manufacturing plants
Southern States should go to Supreme Court.
😂😂😂😂
Derivation approach of this government is best VAT distribution.
Kudo to Mr President and Senate
The South South should get 60% of the oil proceeds, this should not apply to VAT alone
Excellent outing Mahdi.
It will never be well with Tinubu for making innocent children go through this trauma. His unborn children will see worse things. Amen
Like the accountant person said. What are the Nigerian government is doing with the money they are collecting? No good roads, hospitals, Educational and opportunities for the citizens to drive. The tax money is not reflected on the people it reflects on the Bourgeoisie and reflects on the so-called Nigerian wealthy. This does not trickle down to the people.
Excellent guests
Mahdi ur doing great keep it up
Thank you Mahdi shehu
Shehu Madhi, your contribution is enlightening, I could not fault your reasoning.
I am shocked , that somebody of this quality can come from the north. You are exceptional. I venture to say that there is no other living northerner of similer sound mind, completely unadultrated from inherent destructive religious demon.
You do not think someone like Mahdi Shehu could come from the North. If you think this statement is complimentary, you are sadly mistaken. At best, this warped thinking is fuelled by ethnic or regional bigotry. Please, refrain from insulting the sensibilities of the Northerners, and do not prop up yourself as being better than us.
There are attributions which are being used to calculate the existing VAT. Attribution is derivation.
The Norther Nigeria banned alcohol drinks and they are sharing from from consumption tax. This is cheating to the Southern Nigerian that are consuming the drinks. What each State brings in terms of Consumptions is what they will get as Tax return without any cheating.
To determine place of consumption for goods/services with a national consumption pattern, the location of distributors can be a guide. For instance, it is unlikely someone will by cement from a distributor in Sokoto for use in Kaduna. Financial reports are also expected to disclose segmented infomation, which shows a breakdown of their sales of goods/services by products and by geographical location. The segment information will support the provision location based consumption for VAT sharing purposes.
Northern as separated themselves from Nigeria.
Sir .do you think those governors wants to create Society.
Nigerians don't want to work they want to eat from other people. You don't ask your governors for productivity, you just want to share from other people's hardwork. No South West state is complaining.
75% companies are domiciled in the southwest, that's the hoodwinking of the gullible masses by the PBAT government and his Bourdillion southwest agenda. The rest of the regions most especially Northeast, North Central, South East, North West and South South are all gonna be losers. Southeast would be mostly affected because 80% South easterners are resident outside their zone and so is their business and companies.
You are 100% correct let's all other states go and work hard to attract investment to their states period.
Lazy people laying claim to the reward of other people's hardwork that is the definition of this shameful demands by Northern governors
@@ifeoluwaoni7999 Its stupid of you to thing that people in the north are Lazy, unless you mean otherwise, Mr Hardworker.
Before we go apart let us get our own resources first. Hypocrites.
Mumu
@HaAuIs-u4g your father is Mumu
😂😂😂 tinubu looking for poll of fund to settle for after leaving the presidency
Lol. When Buhari was there marginalising the SE, you people were defending him
T-pain wants to collect tax instead of growing the economy. When we have a big economy we can derive more tax revenue. With the small economy we have and the prevailing poverty, is collecting more tax revenue a sensible thing to do ? Effective tax administration and collection is important but should be done at the pace of economic growth. Under the current system, we need to improve collection not expand collection. We need to encourage economic growth so more businesses can join the tax bracket.
The tax should be paid where the tax was paid.The HQ of these organizations should direct their branches to retain the taxes where it was paid.
On the hand the hausa/Fulani man is asking for regional government.
Let nigeria be divided
President Tinubu should first create Dry land port in every state before introducing such taxation if he really mean well for Nigerians
How do you deliberate on States that prohibited the consumption of alcohol and still want to get vat from those people you destroyed their goods in the name of Sharia. Why not task the Sharia courts and pull your vat from there?
This man talks as if that is every Nigerian that have short memories. People who have been in power for 47 yrs and are still crying for marginalization and clueless Buhari just handed over to thieftinubu.
It is irritating and annoying the way northerners think they are entitled to other regions tax.
But the same old people in the North or previous Northern leaders, made out of school children surplus and educational backward
The north is misinformed. VAT is collected only when goods exchange hands or ownership. Whenever the northern farmer with their productive base sells his goods, he will COLLECT VAT from the southern trader. They are producers, not consumers, so nothing concerns them with paying VAT on their sweat.
Not everything is produced to be sold and expected to be consumed in lagos. It is expected that FIRS will collect VAT according to sales to state branches of the company HQ or by distributor locations and remit to the states where they are located. Lagos itself will be considered as a branch, too, in their calculations. Actually, the north with their population should benefit, assuming they consume more of what the HQ sells..