There is no perfect husband, wife, family, job, or boss. And you do not have to like people perfectly to do anything with them. If you do not learn to work with people you don’t like, you will never succeed for long at anything on Earth. Look, this is Earth, not Heaven. We are the descendants of Adam, who fell from grace. As such, we will all have flaws. Make allowances for the faults of others, and they tend to make allowances for yours. And let that inspire you to remain single until you meet someone who makes you want to mingle. Don’t let anyone use ‘see your mate’ to push you into a marriage you are not ready for. You may have age mates, but you don’t have marriage mates. Marry when you are ready. Not before!
#RenosNuggets #FreeLeahSharibu
Every year, MTN Nigeria Limited makes ₦2 trillion in revenue from Nigeria. That is more money than Nigeria spends on critical infrastructures annually. Almost 100% of MTN Nigeria's profit after tax is repatriated to South Africa. Please fact-check me. The same is true for DSTV, which makes ₦300 billion annually from Nigeria.
Do you know the massive downward pressure that a combined total of almost $5 billion that MTN, DSTV, and other South African companies repatriate back home to South Africa annually from Nigeria has on the Naira? Think people. Think! That money is leaving Nigeria to support the purchasing power of the South African Rand. Actions have consequences.
Now, how many major Nigerian companies are doing business in South Africa? Please fact-check me again. Under the South African Income Tax Act, South Africa places a 28% tax on foreign companies doing business in their country.
And in addition to the 28% tax you pay, you have limits on how much of your profits you can repatriate to your home country. And even the amount you can repatriate is subject to an additional repatriation tax, different from the initial 28% tax you pay.
Nigerians must stop emoting and start reasoning. We ought to place far higher taxes on South African companies doing business in Nigeria than the taxes paid by Nigerian companies, especially where Nigerian companies are competing with those South African companies. And we should also limit their abilities to repatriate profits from Nigeria to South Africa.
This may be reduced for those South African companies doing business in areas where we have a shortage of local companies with the ability to compete, and for which there is a high need.
That is what Europe, America and Canada are doing to us. Placing serious obstacles on immigrant visas for regular Nigerians, but lowering the bar for Nigerian doctors, nurses, and teachers, because they need those Nigerian professionals due to shortages in their homelands.
What did Christ say in the Gospels?
"From whom do the kings of the earth collect duty and taxes—from their own children or from others?” “From others,” Peter answered. “Then the children are exempt,” Jesus said to him.-Matthew 17:26.
Prophet Muhammad (Sallallahu Alayhi Wasallam) also placed Jizya Tax on foreigners.
And why should we even have MTN in Nigeria when Globacom can provide the same services that MTN provides, and their revenue and profit are circulating in Nigeria? Why?
Our tax regime must work first in favour of Nigerian companies the way South Africa's tax regime works to favour South African owned businesses.
Nigeria must be run in a businesslike manner.
This is a practice in the European Union, England and the United States. Let me give an example.
The EU, UK, and the US allow African countries to export cocoa and coffee to their domains without much taxes. But if any African country attempts to refine their cocoa into chocolates or their coffee into instant coffee, they get slapped with a heavy import tax.
As a result, and please fact-check this, the whole of Africa, including Nigeria, makes a paltry $2.4 billion from chocolate imports. In comparison, Germany alone makes over €4.5 billion (Euros, not dollars) annually refining and re-exporting cocoa imported from Africa. That is double what the entire African continent makes from her sweat. How is that fair?
That only happens because sub-Saharan African countries, with perhaps the exception of South Africa, do not have reciprocal tax regimes.
The EU, UK, and US are very good at using tariffs and retaliatory actions to promote their own military-industrial complexes. We must also be alive to this and assert ourselves economically.
Let us impose exactly the same taxes that Germany and the EU impose on our cocoa and coffee on Lufthansa. We can spare Siemens because we need them to boost our power infrastructure. They cannot complain. It is economic tit for tat.
#TableShaker
Becoming the best version of yourself comes with a lot of goodbyes, Sadly the only way some people will learn to appreciate you is to loose you. ❤️ 💡
Let’s go drift 🏁🏁🏁🏁🏁
You are no longer in secondary school. If you need companionship, go and marry or get a girlfriend. Friends are not companions. They are partners in progress. So, if you are not improving because of my friendship with you, and I am not developing because of my friendship with you, then what is the basis for our friendship? Drinking beer? Chasing women? Gossiping about neighbours? That is not friendship. You are just helping each other feed your mutual weaknesses. "As iron sharpens iron, so a friend sharpens a friend." Proverbs 27:17.
#RenosNuggets
God promised to overflow you with prosperity. He promised that your "cup runs over"-Psalm 23:5. But you keep frustrating His plans by early overgenerosity. Don't you know that a cup cannot overflow unless it is full? A half empty cup cannot overflow. Fill yourself up first. And then you can overflow. But if you flow when you are half empty, soon, you will create two poor people: You and the person you are trying to help. If you start to pluck from a tree before it is mature, that tree will fever reach maturity.
#RenosNuggets
A rainbow only appears when it is rainy and sunny at the same time. What is nature teaching us? If you want your breakthrough, you must remain positive when negative things happen to you, and your rainbow of breakthroughs will appear from nowhere!
#RenosNuggets