• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Monday, June 9, 2025
NewsOnline Nigeria
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
NewsOnline Nigeria
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
Home Economy And Business

Lagos, Rivers, FCT, Others Emerge Highest VAT Contributors For 2024 (FULL LIST)

Rivers State came second with ₦832.69 billion, while the Federal Capital Territory (FCT) ranked third, contributing ₦303.64 billion.

by NewsOnline Nigeria
January 25, 2025
in Economy And Business, Top Stories
0
Highest VAT Contributors for 2024

VAT

Lagos, Rivers, FCT and others have emerged as the Highest VAT Contributors for 2024.

 

NewsOnline 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.

 

ALSO: US Government Suspends Processing Of Passport Applications With ‘X’ Gender Marker

 

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.

 

Below is the full breakdown of the VAT contributions by states and the FCT in 2024:

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

Previous Post

US Government Suspends Processing Of Passport Applications With ‘X’ Gender Marker

Next Post

BREAKING: President Tinubu Reintroduces Npower Scheme, Directs Immediate Reforms

Next Post
Npower

BREAKING: President Tinubu Reintroduces Npower Scheme, Directs Immediate Reforms

NEWSONLINE NIGERIA

Get the Latest Naija News, Breaking News, Top Stories, World News, Business, Politics & Entertainment from NewsOnline Nigeria.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

ALERT US

Important Press Releases, Special Investigations: admin@newsonlineng.com

OFFICE ADDRESS

13 Poland Street, London, United Kingdom (UK)

Copyright © 2025 NewsOnline Nigeria

No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports

Copyright © 2023 Newsonline Nigeria