With an astounding ₦2.75 trillion in 2024 Value Added Tax (VAT) collection, Lagos State has emerged as Nigeria’s largest contributor.CONTINUE FULL READING>>>>>
Agora Policy research shows that this amounts to 54% of the entire non-import VAT pool.
The Federal Capital Territory (FCT) contributed ₦303.64 billion, placing it third, followed by Rivers State with ₦832.69 billion.
With ₦272.41 billion, Oyo State came in fourth, and Kano State came in fifth with ₦77.76 billion.
With contributions ranging from ₦73.39 billion in Delta State to ₦4.38 billion in Imo State, the remaining 33 states together only contributed 19% of the total VAT revenue, according to the study.
Each state’s VAT contributions were thoroughly examined by Agora Policy, a Nigerian think tank devoted to tackling national issues.
The complete breakdown of 2024 VAT contributions by states and the FCT is provided below:
VAT Contributions by States (2024)
– Lagos: ₦2.75 trillion
– Rivers: ₦832.69 billion
– FCT: ₦303.64 billion
– Oyo: ₦272.41 billion
– Kano: ₦77.76 billion
– Delta: ₦73.39 billion
– Bayelsa: ₦64.66 billion
– Edo: ₦53.55 billion
– Anambra: ₦47.53 billion
– Akwa Ibom: ₦46.93 billion
– Adamawa: ₦42.01 billion
– Borno: ₦35.29 billion
– Niger: ₦34.84 billion
– Taraba: ₦32.37 billion
– Kwara: ₦31.51 billion
– Kaduna: ₦30.30 billion
– Ekiti: ₦29.58 billion
– Jigawa: ₦28.54 billion
– Benue: ₦26.59 billion
– Ogun: ₦26.16 billion
– Sokoto: ₦25.98 billion
– Gombe: ₦25.45 billion
– Ebonyi: ₦25.11 billion
– Kogi: ₦23.61 billion
– Plateau: ₦22.10 billion
– Katsina: ₦22.08 billion
– Yobe: ₦19.79 billion
– Bauchi: ₦19.59 billion
– Zamfara: ₦17.83 billion
– Nasarawa: ₦15.89 billion
– Enugu: ₦15.39 billion
– Osun: ₦14.79 billion
– Ondo: ₦13.80 billion
– Cross River: ₦9.36 billion
– Kebbi: ₦8.77 billion
– Abia: ₦8.68 billion
– Imo: ₦4.38 billion
