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540 posts

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@Manueloffthenet
HUMBLE AS EVER BUT RUMBLE WHATEVER ♱.
Serenity Katılım Ağustos 2020
111 Takip Edilen69 Takipçiler
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One day, we will be out there, among the stars
NASA@NASA
Sky full of stars. Following a successful lunar flyby, the Artemis II astronauts captured this breathtaking photo of our galaxy, the Milky Way, on April 7, 2026.
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That's us! 🌍
The Artemis II crew captured beautiful, high-resolution images of our home planet during their journey to the Moon. As @Astro_Christina put it: "You guys look great."

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🚨 UKRAINE JUST HIT RUSSIA’S LARGEST OIL PORT:
– Primorsk. Russia’s biggest oil export terminal on the Baltic
– Handles 1.5 million barrels per day, 60 million tons per year
– It’s on fire, fuel reservoirs burning, workers evacuated, operations suspended
– The nearby Ust-Luga port also suspended operations
– Russia’s TWO largest petroleum export outlets offline at the same time
– Ukraine confirmed the strike, 249 drones launched
– Both the tank farm and oil loading infrastructure were hit
– Primorsk is where Russia’s shadow fleet loads up to dodge sanctions
– It’s how Russian oil money keeps flowing despite every Western sanction
Now think about the timing…
– The Strait of Hormuz is closed. 20% of global oil choked off because of the Iran war
– Now Russia’s biggest Baltic export hub is also offline
– The Novorossiysk Black Sea port was hit by drones earlier this month too
– Global oil supply is being squeezed from two directions at the same time. The Middle East AND Russia. Simultaneously
I’ll share more updates shortly, turn on notifications so you don’t miss anything important.

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Let me get this straight.
The government says it wants to “widen the tax net.”
So the solution is to impose a 1% presumptive tax on TOTAL revenue of people in the informal sector:
• traders
• welders
• mechanics
• tailors
• shop owners
Not profit.
Revenue.
Think about what that means.
If a trader sells ₦5m worth of goods in a year but only makes ₦400k profit, government is not taxing the ₦400k.
They are taxing the ₦5m turnover.
Meanwhile:
• That trader already paid VAT when buying goods
• Pays VAT again when selling to customers
• Pays market levies to local authorities
• Pays multiple permits and “tickets”
• Pays inflation tax from currency devaluation
And now government wants another cut of gross sales.
The question I keep asking without a reply is:
Where exactly are these taxes going?
Because Nigerians still don’t have:
• reliable electricity
• running water
• functioning public hospitals
• decent government schools
• emergency ambulances
• security
Instead we keep hearing about:
• $9 million lobbying contracts abroad
• political convoys longer than train lines
• election transparency still being negotiated
Now the mechanic fixing your car…
the woman selling food in the market…
the tailor sewing school uniforms…
they are the problem?
Remember when Taiwo told you that the poor won't be affected that it's the rich that will pay it?
Guess who is about to be squeezed? Petty traders and artisans to “widen the net.”
Meanwhile Taiwo has been rewarded a job well done.
But you will come here and use your 3k allowance to abuse me.
When governments run out of ideas,
they start taxing the survival economy.
And once a country begins taxing survival, anger is only a matter of time.
Nigeria is getting dangerously close to that point.
Trending Explained@TrendingEx
Just In: To widen the tax net, FG has introduced a 1% presumptive tax on total revenue made by businesses in the informal sector; traders, welders, mechanics, tailors, shop owners etc must now pay 1% of their annual sales as tax.
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