FULL LIST: Lagos generates N2.75trn — 54% of states’ contributions to VAT pool in 2024

FULL LIST: Lagos generates N2.75trn — 54% of states’ contributions to VAT pool in 2024

TRIBUNE

Lagos State led other Nigerian states in Value Added Tax (VAT) revenue in 2024, generating a remarkable N2.75 trillion, which accounts for 54% of the total non-import VAT pool, according to data compiled by Agora Policy.

Rivers State followed as the second-highest contributor, recording N832.69 billion, while the Federal Capital Territory (FCT) ranked third with N303.64 billion. 

Oyo State secured the fourth position with N272.41 billion, and Kano State rounded out the top five with N77.76 billion.

The report noted that 33 other states collectively contributed only 19% of the total VAT pool, with amounts ranging from Delta State’s N73.39 billion to Imo State’s N4.38 billion. 

Agora Policy, a Nigerian think tank focused on pragmatic solutions to national challenges, provided a comprehensive breakdown. 

Below is the complete list of VAT contributions by states and the Federal Capital Territory.

Imo: N4.38bn

Lagos: N2.75trn

Rivers: N832.69bn

FCT: N303.64bn

Oyo: N272.41bn

Kano: N77.76bn

Delta: N73.39bn

Bayelsa: N64.66bn

Edo: N53.55bn

Anambra: N47.53bn

Akwa Ibom: N46.93bn

Adamawa: N42.01bn

Borno: N35.29bn

Niger: N34.84bn

Taraba: N32.37bn

Kwara: N31.51bn

Kaduna: N30.30bn

Ekiti: N29.58bn

Jigawa: N28.54bn

Benue: N26.59bn

Ogun: N26.16bn

Sokoto: N25.98bn

Gombe: N25.45bn

Ebonyi: N25.11bn

Kogi: N23.61bn

Plateau: N22.10bn

Katsina: N22.08bn

Yobe: N19.79bn

Bauchi: N19.59bn

Zamfara: N17.83bn

Nasarawa: N15.89bn

Enugu: N15.39bn

Osun: N14.79bn

Ondo: N13.80bn

Cross River: N9.36bn

Kebbi: N8.77bn

Abia: N8.68bn

Imo: N4.38bn

THIS STORY FIRST APPEARED IN TRIBUNE

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FULL LIST: Lagos generates N2.75trn — 54% of states’ contributions to VAT pool in 2024

 

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