WATCH THE VIDEO HERE NaijaOnPoint Nigeria reports that Lagos State has emerged as the highest contributor to Nigeria’s Value Added Tax (VAT) revenue in 2024, generating a staggering ₦2.75 trillion. This represents 54% of the total non-import VAT pool, according to data published by Agora Policy. Rivers State came second with ₦832.69 billion, while the Federal Capital Territory (FCT) ranked third, contributing ₦303.64 billion. Oyo State took fourth place with ₦272.41 billion, and Kano State followed in fifth position with ₦77.76 billion. The report further revealed that the remaining 33 states collectively accounted for just 19% of the total VAT revenue, with contributions ranging from Delta State’s ₦73.39 billion to Imo State’s ₦4.38 billion. Agora Policy, a Nigerian think tank dedicated to addressing national challenges, provided the detailed analysis of each state’s VAT contributions. – 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 billionLagos, Rivers, FCT and others have emerged as the Highest VAT Contributors for 2024.
Below is the full breakdown of the VAT contributions by states and the FCT in 2024:
VAT Contributions by States (2024)