WHAT IS IN THE TAX REFORM... 1. Any business with less than N50million turnover are exempted from tax payment. 2. over 90% of workers in public and private sector will no longer pay income tax 3. Over 82% of what low income persons consume will be VAT free. 4. scrapping over 50 nuisance tax suffered by local businesses 5. VAT will no longer be calculated base on where the companies have their headquarters but where their goods are consume 6. the rich to pay more tax while the poor will stop paying taxes.. 7. Consumption tax collected by states will be eliminated completely 8. FG share of VAT to reduce from 15% to 10% as states and LGAs now get 90% 9. Those earning less than N1.7m monthly will now pay less income tax 10. Customs, NUPRC and other govt agencies will no longer collect tax as only one Agency will be responsible for collection of all taxes in NGR 11. Those receiving less than N9million per anum could have their income tax cut by half 12. The bill could lead to abolition of other multiple tax laws like the stamp duty act 13. Over 90% of small business would no longer pay profit tax 14. Gradual increase of VAT from 10% in 2025 to 15% in 2030... With almost every goods consume by low income earners exempted from VAT 15. Many NGR companies pay over 60 types of different tax & levies... The bill seeks to end this factor killing NGR industries.
Dogara is always a man of wisdom and I always admire his logical contribution to important national issues. How many of these noise makers opposing the tax reform can present logical arguments and statistics to support their opinions like Yakubu dogara has eloquently presented here? Please, discuss logical issues, not emotions and baseless sentiments, period.
Atimes, the intelligence and brilliance of some folks from the north will make you feel like they were actually using the accumulative brain of thousands others who just handed it to them from that region. (people like Sanusi Lamido Sanusi, Sheu Sanni, Yusuf Baba etc) Because this is just getting so annoying... I doubt we can keep dragging the North along with us in this journey to greatness. We can't keep doing this for God sake. 🇳🇬 God Bless Nigeria 🇳🇬
I would like to congratulate the management of channels tv for this wonderful public engagement. This is why I prefer channels tv to some “Pseudo political tv stations” where biased and negative subjective opinions are celebrated and venerated. Kudos to channels tv. Not liking Tinubu does not make all his policies evil as some media houses will have us erroneously believe
I don't believe this is the then Speaker of the House Hon. Dogara communicating, if that is the case we pray for of you to make Nigeria peaceful and progressive. How I wish all our politicians sit and watch this over and over again
Dogara is a true leaders that has the interest of the people in the north in mind. He is direct and speaks the truth. The north cannot continue think that they deserved to be pitied in certain matter. The leaders and politicians and traditional rulers need to wake and face the reality across the globe. The insecurity in the north is part of the draw back in the north today because the region has come a long way to produce eloquent and highly educated and business giants that they ought to be proud of. It will take the elites to educate the masses on this Tax Reform Bill as Hon Dogara and the Nasarawa governor has demonstrated on this program. Discussions should be done in all the major languages in Nigeria as already affirmed by the chairman of the tax reform committee.
This is the type of leader we want in the North and by extension Nigeria. His presentation is very educative . I thought Tambuwal is brilliant but not like Dogara.🎉.
The leaders in the Northern Nigeria, if all you have been doing are good so far, why are your children out of Schools ? You need to think and rethink. Stop troubling us
The most impressive leader from Northern Nigeria thus far. Critical thinking as opposed to Northern tribalism, etc. Bill is a great bill for Nigeria. It will cement Nigeria as a leader on the continent.
Nigerian problem is revenue mismanagement not revenue generation. Even if Nigeria generates 10 Trillion Naira per day it a'int gonna scratch the puppy, Nigeria will still borrow. Fix the corruption and you don't have to over tax the Citizens.
Dogara what's leadership without accountability.simply you achieve nothing and you as governors have to tighten your belt look for other sources of revenue to run the state and the people and stop talking about senseless leadership theory that has brought us to where we are today in Nigeria.
Please moderator can you please ask the panel how they plan to collect these vat VAT from individual business owners as Nigeria is not that organised or have a central data base. Or are they going to be sending agencies to companies and business areas. That will be another means of corruption.
You are saying nonsense. You want to be reaping what you don't sow. You are lazy. You are not innovative. You are selfish. You are not a critical thinker. You can do better.
You're only being myopic n lopsided in your whole explanations without striking the balance to pinpoint the merit n demerit of the bill n it's negative/positive impact on low generating states and the future consequences it may result into. Mr Former Speaker: tell me a single country that uses tax generation as an economic strategy to bolster G.D.P instead of export trades? Secondly" how can you donate a blood to a patient while you're running ten-times low of reserve in your body as a donor? Thirdly: have any of the western countries adopt any of the IMF tax structural reforms and scale through a positive result, mention one with concrete evidence please ? Do you even live in Nigeria, talk more of knowing how naira is been floated to depreciation as so-called recommended by the IMF strategic approach to our economy rather than upholding the naira to it's previous value. Please kindly mention how many cushion effect were put into place after the subsidy removal ? Do you think these reforms have a contingency plans to the masses? With due respect I referred you to go back and read page No" 77 of 300+ pages of the bill that the derivation and the sharing formula of the whole bill.
Is that not high time for the lazy governors to wear thinking cap to invest more on their people with monthly allocation to increase their IGR as their fellow few southern governors. If northern states have bigger population as aclaimed, then the consumption for the distribution should even favor northerner than the southerner.
Chief, this tax generation is NOT AN ECONOMIC STRATEGY TO BOLSTER GDP. I honestly dont know where you got that from. Secondly, your analogy of donating blood while low on blood is just flawed and wrong. This is NOT a donation, and the people who make lots of money are not low on anything. Third, are any of the western countries in our situation? And why do you think we are adopting the IMF tax structural reform? Do you need to live in Nigeria to know how naira has depreciated?? How do you uphold naira to its previous value?? This is a tax reform bill, not a 'cushion for removal of fuel subsidy' bill. Why does a tax reform bill need a contigency plan for the masses? Is page 77 where it's stated that some states gets more VAT for products where those products are consumed? Or where in essence, every state has to pull it's economic weight? We know about the gold and other raw materials that are being mined privately in the north. No taxes. Hand it over to the federal government and pay taxes
Myopic in what sense, that's the reason why some of our States and the pilotters are not doing well and creative in making wealth for the benefits of the massive, they depends solely on what they will derived from other State that are doing better. We need to wake up from our slumber, Nigeria needs to be great even if it is a little bit. Let's our Governor's be creative and productive.
Some have provided a rebuttal of your arguments, so I wont cover that...but suffice to say that it is time for the north to take its economic futures into their hands - your fathers did it in the past, you have the tools to deliver. Its time for you (the North) to surge forward in CONFIDENCE and not rely on others. The same advice goes to the other areas. No foreign country will come save Nigeria. It is we who will do it with God's help!
Today I realised channels television they are anti northern Nigeria how can you invite a person from a minority to represent people it's not done in any way
WHAT IS IN THE TAX REFORM... 1. Any business with less than N50million turnover are exempted from tax payment. 2. over 90% of workers in public and private sector will no longer pay income tax 3. Over 82% of what low income persons consume will be VAT free. 4. scrapping over 50 nuisance tax suffered by local businesses 5. VAT will no longer be calculated base on where the companies have their headquarters but where their goods are consume 6. the rich to pay more tax while the poor will stop paying taxes.. 7. Consumption tax collected by states will be eliminated completely 8. FG share of VAT to reduce from 15% to 10% as states and LGAs now get 90% 9. Those earning less than N1.7m monthly will now pay less income tax 10. Customs, NUPRC and other govt agencies will no longer collect tax as only one Agency will be responsible for collection of all taxes in NGR 11. Those receiving less than N9million per anum could have their income tax cut by half 12. The bill could lead to abolition of other multiple tax laws like the stamp duty act 13. Over 90% of small business would no longer pay profit tax 14. Gradual increase of VAT from 10% in 2025 to 15% in 2030... With almost every goods consume by low income earners exempted from VAT 15. Many NGR companies pay over 60 types of different tax & levies... The bill seeks to end this factor killing NGR industries.
Tinubu is just too intelligent!. Majority of the Northern Leaders needs to go back to school. Awesome presentation by RT. Hon Dongara, well done sir👍.
Paying the tax isn’t the problem, my problem is will this present APC government use the tax gotten for the people or themselves??
Dogara is always a man of wisdom and I always admire his logical contribution to important national issues. How many of these noise makers opposing the tax reform can present logical arguments and statistics to support their opinions like Yakubu dogara has eloquently presented here? Please, discuss logical issues, not emotions and baseless sentiments, period.
The North will learn the hard way, I'm from The North and our leaders are too lazy, let's focus on agriculture and leave Britain subverted oil alone
May you lead one day. They are cheating their followers, and God will judge them.
We have to learn the hard way
Our wicked leaders must rise up and do the needful. The hard way the only way 😢
You will be a great leader in the future
We need more people like you in the North and across all regions in Nigeria. Then Nigeria can be a great country is capable of becoming
@@SupoLawal they have started calling him a minority
I never knew this man is this brilliant
Atimes, the intelligence and brilliance of some folks from the north will make you feel like they were actually using the accumulative brain of thousands others who just handed it to them from that region. (people like Sanusi Lamido Sanusi, Sheu Sanni, Yusuf Baba etc)
Because this is just getting so annoying... I doubt we can keep dragging the North along with us in this journey to greatness. We can't keep doing this for God sake.
🇳🇬 God Bless Nigeria 🇳🇬
this what NTA are supposed to be doing but laziness will not allow them
Good job ,Hon Dogara...quite impressive contribution.
Dogara, it shall be well with you for asking that question. " How many people does the governors consult before making their laws in the state."
Hon. Dogara, you are great, speaking reality. Allah bless you. Amen 🙌 🙏. We need people like you in the Country. RESPECT ❤
I love this
Dogara is well read, just look at this impeccable speech .
Dogara is so sensible, i like him
This man is a good communicator. I like him .
Very intelligent presentation
Great presentation 👏 ❤
Hon Dogara reminds me his days in the 8th House. Man get brains jare
Good speech with sufficient facts.
Very excellent and rational presentation.
Dogara, you are very witty, I bid you a president of Nigeria one day. Thank you for saying the truth .
Fine Discussion by Hon Dogara
I would like to congratulate the management of channels tv for this wonderful public engagement. This is why I prefer channels tv to some “Pseudo political tv stations” where biased and negative subjective opinions are celebrated and venerated. Kudos to channels tv. Not liking Tinubu does not make all his policies evil as some media houses will have us erroneously believe
Whao! This man is so brilliant and intelligent.
Dogara is such a brain .
I never knew Dogara is so compassionate and a thorough bread leader. You earn my respect
Dogara is a very smart and intelligent man.
Thanks Dogara.
Well said Dogara
Dogara just wrapped it up...
Forget history about western world and focus on the Tax bill, and tell Nigeria if only Lagos and Rivers will benefit 90% more than others.
We will protest for this bill to actualize. We want it.
Thry era of interstate competition eill begun. Development will skyrocket.
Dogara have said it all, it is high time we keep the politics of regionalism and ethnicity, if at all we want to move as a nation.
I don't believe this is the then Speaker of the House Hon. Dogara communicating, if that is the case we pray for of you to make Nigeria peaceful and progressive. How I wish all our politicians sit and watch this over and over again
Dogara is a true leaders that has the interest of the people in the north in mind. He is direct and speaks the truth. The north cannot continue think that they deserved to be pitied in certain matter. The leaders and politicians and traditional rulers need to wake and face the reality across the globe. The insecurity in the north is part of the draw back in the north today because the region has come a long way to produce eloquent and highly educated and business giants that they ought to be proud of. It will take the elites to educate the masses on this Tax Reform Bill as Hon Dogara and the Nasarawa governor has demonstrated on this program. Discussions should be done in all the major languages in Nigeria as already affirmed by the chairman of the tax reform committee.
legendary
This man speaks well
Long Live Dogora
Northern leaders are consuming not producing. It's time to work.
The bills are still not in the public domain.
This is the type of leader we want in the North and by extension Nigeria.
His presentation is very educative .
I thought Tambuwal is brilliant but not like Dogara.🎉.
Paying the tax isn’t the problem, my problem is will this present APC government use the tax gotten for the people or themselves??
It's high time for the economic reform team to look at the controversial parts for amendment, if they are truthful about these reforms.
The bill is giving more power to the state.... state should do more work to end more money
The leaders in the Northern Nigeria, if all you have been doing are good so far, why are your children out of Schools ? You need to think and rethink. Stop troubling us
If democracy is government of the people, by the people and for the people, let them listen to the general masses
Now you people want democracy. Muslim Muslim tickets. The northerners are after making Nigeria a Muslim country. Education is power. 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
How I wished we've people with such a brain that care for the citizens..
The most impressive leader from Northern Nigeria thus far. Critical thinking as opposed to Northern tribalism, etc. Bill is a great bill for Nigeria. It will cement Nigeria as a leader on the continent.
Nigerian problem is revenue mismanagement not revenue generation. Even if Nigeria generates 10 Trillion Naira per day it a'int gonna scratch the puppy, Nigeria will still borrow. Fix the corruption and you don't have to over tax the Citizens.
How can the Livestock sector thrive when the security in the north is deteriorating by the day?
Security is by all. Let us give information to the security agencies about those that are disturbing the peace of the community
Dogara what's leadership without accountability.simply you achieve nothing and you as governors have to tighten your belt look for other sources of revenue to run the state and the people and stop talking about senseless leadership theory that has brought us to where we are today in Nigeria.
Finally, Jagaban's promise has come true........"A TOWNHALL DIFFERENT FROM BALABLU, BULABA"
Asiwaju-Man wey dey see front.
😂😂 you're not serious
😂😂😂
Please moderator can you please ask the panel how they plan to collect these vat VAT from individual business owners as Nigeria is not that organised or have a central data base. Or are they going to be sending agencies to companies and business areas. That will be another means of corruption.
Rt Hon. DOGARA is a low hanging fruit BAT shld bring into his govt to impact his Renewed Hope Agenda
Dogara is too rhetoric your approach is theoretical and philosophical. Your view shows that, you and masses are not on the same page
You are saying nonsense. You want to be reaping what you don't sow. You are lazy. You are not innovative. You are selfish. You are not a critical thinker.
You can do better.
The northerners are enjoying with unproductive population
You collect money that's why
You're only being myopic n lopsided in your whole explanations without striking the balance to pinpoint the merit n demerit of the bill n it's negative/positive impact on low generating states and the future consequences it may result into.
Mr Former Speaker: tell me a single country that uses tax generation as an economic strategy to bolster G.D.P instead of export trades?
Secondly" how can you donate a blood to a patient while you're running ten-times low of reserve in your body as a donor?
Thirdly: have any of the western countries adopt any of the IMF tax structural reforms and scale through a positive result, mention one with concrete evidence please ?
Do you even live in Nigeria, talk more of knowing how naira is been floated to depreciation as so-called recommended by the IMF strategic approach to our economy rather than upholding the naira to it's previous value.
Please kindly mention how many cushion effect were put into place after the subsidy removal ?
Do you think these reforms have a contingency plans to the masses?
With due respect I referred you to go back and read page No" 77 of 300+ pages of the bill that the derivation and the sharing formula of the whole bill.
Get a life. If you like it or not, the bill has come to stay.
Is that not high time for the lazy governors to wear thinking cap to invest more on their people with monthly allocation to increase their IGR as their fellow few southern governors.
If northern states have bigger population as aclaimed, then the consumption for the distribution should even favor northerner than the southerner.
Chief, this tax generation is NOT AN ECONOMIC STRATEGY TO BOLSTER GDP. I honestly dont know where you got that from.
Secondly, your analogy of donating blood while low on blood is just flawed and wrong. This is NOT a donation, and the people who make lots of money are not low on anything.
Third, are any of the western countries in our situation? And why do you think we are adopting the IMF tax structural reform?
Do you need to live in Nigeria to know how naira has depreciated?? How do you uphold naira to its previous value??
This is a tax reform bill, not a 'cushion for removal of fuel subsidy' bill.
Why does a tax reform bill need a contigency plan for the masses?
Is page 77 where it's stated that some states gets more VAT for products where those products are consumed? Or where in essence, every state has to pull it's economic weight?
We know about the gold and other raw materials that are being mined privately in the north. No taxes. Hand it over to the federal government and pay taxes
Myopic in what sense, that's the reason why some of our States and the pilotters are not doing well and creative in making wealth for the benefits of the massive, they depends solely on what they will derived from other State that are doing better. We need to wake up from our slumber, Nigeria needs to be great even if it is a little bit. Let's our Governor's be creative and productive.
Some have provided a rebuttal of your arguments, so I wont cover that...but suffice to say that it is time for the north to take its economic futures into their hands - your fathers did it in the past, you have the tools to deliver. Its time for you (the North) to surge forward in CONFIDENCE and not rely on others. The same advice goes to the other areas. No foreign country will come save Nigeria. It is we who will do it with God's help!
Dogara is making point for an APC ministrial appointment.
Pay masters u have received ur share from Tinubu,
Tell us one he said that is wrong, it's a challenge, just one thing
Today I realised channels television they are anti northern Nigeria how can you invite a person from a minority to represent people it's not done in any way
Good morning 🎉
Talk your own make we hear
Mumu go and ranch your cows don't carry your cows to south East