My Friend,
Information Is Power. Be Empowered.
In Four Years, We Have Raised The Taxpayer Base From 13m Nigerians (1960-2015) To Over 20m (2015-19). FIRS Is Generating Most In It's History @ N5.3Tn In 2018 And Is Set To Eclipse That In 2019. #Thread 👇🏽👇🏽
Information Is Power. Be Empowered.
In Four Years, We Have Raised The Taxpayer Base From 13m Nigerians (1960-2015) To Over 20m (2015-19). FIRS Is Generating Most In It's History @ N5.3Tn In 2018 And Is Set To Eclipse That In 2019. #Thread 👇🏽👇🏽
The Nigerian Customs Service Was Not Only Failing To Remit Their Inflows To The Federation Acct, NASS Had Budgeted Huge Funds To Feed Them! Now, We Are Not Feeding Them & They Are Remitting N1Tn Annually Since 2015. NPA Is Remitting. NIMASA Is Remitting. JAMB Too. Pls Google.
We Lost $21 Billion USD To Non-Remittance Of Revenue Generating Agencies From 2010-2015! That's Why They Did Not Raise Revenue And Why We Are Doing So. Add That $32Bn Of Added Debt During A $400Bn Oil Windfall In That 5 Year Period & You Have Your Answer!
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Finally, The PSC Amendment Just Signed By @MBuhari Is Going To Save Us $1.5Bn USD Annually Which Was Actually $4Bn Annually During The $100/Barrel Era. That's One. Two, VAT Which Exempts Most Nigerians Will Add N1-2TN In Revenue To States & LGs. Many Approaches. Huge Contrast.
Any More Questions Concerning Your Theory?
