Connect with us
-->

Business

Alibaba Joins VAT Debate

Published

on

Alibaba VAT

Nigerian comedian, Atunyota Alleluya Akpobome popularly known as Alibaba has entered the Value Added Tax (VAT) debate with a strong position that states should get what they produce.

Reacting to the debate stirred by Governor Nyesom Wike, the notable comedian said that states getting what they produce will act as an incentive that will make the states to be more competitive and teach the states to be more prudent.

Alibaba said that states cannot be destroying products made in other states where consumers pay VAT, and the same states would even more, claim from the VAT.

He also shared a screenshot of Governor Nyesom Wike’s Facebook post in which the governor lamented that Rivers and Lagos States had their allocation slashed while Kano kept what it generated.

Alibaba, however, recommended that states control their resources and pay between 15-30% of their internally generated revenue to the center to help run the government.

According to him doing so will reduce the agitation for states creation and make the states to be more prudent.

He said:

You can not be destroying in your state what is generating funds for other states and collecting same funds when it is shared to you.

That’s why all states should control their resources and pay between 15-30% of their IGR to the center to help run the government.

Trust me, all the agitation for state creation will reduce.

Governors who want to carry on like their states are as financially buoyant as Lagos, Rivers, Bayelsa, Delta…..will know what bankruptcy is.

You will see what the real population of the state is.

All those crazy employment of people and ghost workers into an already over-bloated federal civil service will cease.

This will put an end to religious issues. You can ban all you want to ban. Beer, nightclubs, mannequins, indecent dressing, female drivers in your state. Do all you want. But you will have to find the money to fund it.

What do I know sef? Shebu I am just an ordinary comedian?

Send Us A Press Statement Advertise With Us Contact Us

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *