Lagos dominates VAT collection with ₦2.75 Trillion, Rivers and FCT in pursuit
Lagos State has emerged as the largest contributor to Nigeria’s Value Added Tax (VAT) revenue in 2024, generating an impressive ₦2.75 trillion.
This figure accounts for 54% of the total non-import VAT revenue, as revealed in a report by Agora Policy.
Rivers State ranked second with ₦832.69 billion, followed by the Federal Capital Territory (FCT), which contributed ₦303.64 billion.
Oyo State secured fourth place with ₦272.41 billion, while Kano State took the fifth position with ₦77.76 billion.
The report also highlighted that the remaining 33 states collectively contributed just 19% of the total VAT revenue. Contributions ranged from Delta State’s ₦73.39 billion to Imo State’s ₦4.38 billion.
Agora Policy, a Nigerian think tank focused on tackling national challenges, provided a detailed breakdown of VAT contributions by states and the FCT in 2024:
Breakdown of 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
This report underscores Lagos State’s dominance in VAT contributions, further highlighting the stark disparity in revenue generation among Nigerian states.
