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.
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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