ArtpalDeBlogger

Reporter like asked: why is Dangote Cement made in Nigeria but sold outside Nigeria cheaper than your cement sold in Nigeria? Dangote: “When you look at my invoice, the cement I export is cheaper than the one I’m selling domestically, because that’s how exports work...In export I’m saving a lot of money. I’m not paying 30% income tax, I’m not paying 2% education, I’m not paying 1% health, I’m not paying 7.5% VAT, and I’m not paying 10% withholding tax.” And he omitted bank fees. Practically, there is no way any human can avoid being charged fees by Nigerian banks. I understand most of those fees are statutory, which means banks have no other option. But when a big dude like Aliko looks at his bank account, he can see another 0.5% of mindless fees here and there on deductions. Fellow Citizens: do you know that banks charge you about 0.5% for transferring your money from your USD dorm account to any part of the world? You may not notice until you behave like an accounting stu...

FROM NEXT MONTH KINDLY TAKE NOTE OF THE FOLLOWING AND ADHERE STRICTLY TO IT. Tax is not about money entering your account. Tax is about what that money actually is. If you describe money wrongly, it may look like income, and you pay more tax. If you describe it correctly, you only pay tax when required... and nothing extra. Let me show you how you can use descriptions to minimise taxes legally SIMPLE DESCRIPTIONS YOU CAN USE (LEGALLY) 1. Money that is NOT income (NO TAX) Use these when the money is not payment for work or business. SituationDescription to use:  1. When a Family member sends you money, they should write "Gift / Family support" 2. When a Friend pays you back your money, he or she should write:"Refund / Reimbursement" 3. When you move your own money to another account, write:"Personal transfer / savings." 4. When someone lends you money, he or she should write: "Loan received" 5. If you put your own money into business, ...

​ In 2009 I was running from studio to studio begging for a chance but doors kept closing in my face. I saved my last kobo and recorded Eni Duro. That one song opened the gate I had been knocking on for years. After the song blew I knew I had to build something for others like me. That’s how YBNL was born. Lil Kesh came with fire in his voice. Adekunle Gold walked in with a guitar and pure heart. Fireboy showed up quiet but full of melody. I looked at them and saw myself years back. I told them stay true keep working and never forget where you started. Watching them shine on big stages feels better than any award I’ve won. Now people see the Benz and the chains and think the journey was smooth. They don’t know about the tears I hid or the prayers I whispered in the dark. Every no I heard every hungry night pushed me forward. That’s why I tell every young dreamer if a Bariga boy like me could rise you can too. Just hold your hustle tight and never stop moving. — Olamide

Sensational singer,  Davido  asks the CEO of Twitch to raise content creator,  Carter Efe’s   deal to a million dollars during their livestream. The ex skit maker, it would be recalled, invited  Davido to his livestream  on the video    streaming  platform, Twitch.