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Nairaland Forum / Nairaland / General / Politics / VAT: What States Generated, Received In Past 8 Months (1756 Views)
What Each Oil-Producing State Received In Refunds / VAT: What States Generated And Collected In 8 Months / VAT: What States Generated, Received In Past 8 Months (2) (3) (4)
VAT: What States Generated, Received In Past 8 Months by donguutti: 11:26am On Sep 18, 2021 |
•Lagos, Rivers, Oyo record highest in generation •Kano displaces Rivers, Oyo in collections •Zamfara generates N75 m, gets N4.5 b monthly By Emma Ujah, Abuja Bureau Chief As the Value Added (VAT) war rages, Saturday Vanguard has obtained details of collections made by each state and what it was allocated by the Federation Allocation Committee (FAAC), between January and August of this year, which indicates that the Federal Inland Revenue Service (FIRS) Offices in Lagos, Rivers and Oyo states recorded the highest collections. Lagos generated N429. 203 billion; Rivers, N90. 293 billion, while Oyo came third with N64. 646 billion. However, in the allocation of VAT revenue, Kano came second, displacing Rivers and Oyo from the top places on the table, after Lagos. Lagos received the sum of N139. 587 billion; Kano which generated N24 . 492 billion received the second highest allocation of N 47. 082 billion, while Rivers was in the third position as it got N 46. 270 billion. Zamfara stood out as a peculiar state with the least generation of VAT revenue. It was the only state that recorded less than a billion in the eight-month period of review. The state generated only N598. 133 million, an average of about N75 million per month. However, it received the sum of N35. 716 billion (about N4.5 billion monthly), placing it at the forth position on the allocation table. Kaduna which recorded a VAT revenue of N18. 262 billion, came after Zamfara with an allocation of N32. 726 billion, while Kastina which generated N3. 738 billion in the period under review got N31. 539 billion. READ ALSO: VAT controversy: OPS expresses concerns, seeks clarification on remittance An analysis based on the six geo-political zones showed that South West had the highest allocation of N256. 737 billion, particularly because of the huge allocation to Lagos state. North West had the second highest allocation of N219. 813 billion. The oil producing region of South-South N 162. 598 billion. North East and North Central received N129. 801 billion and N129. 154 billion respectively; while the South East kept the rear with N 109.629 billion allocation. A table showing what each state generated between January –August 2021 and the allocation to each of them STATE VAT GENERATED ALLOCATION 1.) Abia 2.290b 20.020b 2.} Adamawa 3.689b 22.260b 3.) Akwa Ibom 8.390 27.749b 4.)Anambra 5.938b 25.001b 5.) Bauchi 5.309b 25.613b 6.) Bayelsa 12.536b 17.659b 7.)Benue 1.268b 24.527b 8.)Borno 3.442b 25.896b 9.)Cross River 2.347b 20.478b 10.)Delta 13.964b 27.854b 11.)Ebonyi 7.894b 18.768b 12.)Edo 8.284b 22.588b 13.)Ekiti 6.635b 19.756b 14.) Enugu 5.485b 20.729b 15.)Gombe. 4.028b 17.650b 16.)Imo 1.941b 25.111b 17.)Jigawa 3.375b 26.369b 18.)Kaduna 18.262b 32.726b 19.)Kano 24.492b 47.082b 20.)Kastina 3.738b 31.539b 21.)Kebbi 1.284b 22.162b 22.)Kogi 3.286b 22.282b 23.)Kwara 3.471b 18.998b 24.)Lagos 429.203 b 139.587b 25.)Nassarawa 2.495b 16.872b 26.)Niger 3.723b 25.042b 27.)Ogun 11.823b 25.141b 28.)Ondo 4.554b 22.107b 29.)Osun 1.995b 24.766b 30.)Oyo 64.646b 45.136b 31.)Plateau 5.208b 21.433b 32.)Rivers 90.293b 46.270b 33.) Sokoto 4.978b 24.219b 34.)Taraba 1.756b 18.469b 35.)Yobe 9.445b 20.525b 36.) Zamfara 598.133m 35.716bn 37.) FCT 235.794bn NOT ELIGIBLE https://www.vanguardngr.com/2021/09/vat-what-states-generated-received-in-past-8-months/ |
Re: VAT: What States Generated, Received In Past 8 Months by ODVanguard: 12:25pm On Sep 18, 2021 |
I find the data confusing. 4 Likes |
Re: VAT: What States Generated, Received In Past 8 Months by ogmask: 1:16pm On Sep 18, 2021 |
Looking at the table the VAT parasites cuts across. Lagos, rivers and oyo states are the only states that generated more than they received while bayelsa, Kano, Kaduna ,gombe, delta and Ogun received +/- 50% more than what they generated. Zamfara should never have been called a state takkless of having a governor. Meanwhile, all the states in the east apart from Ebonyi, which seem to be the only shining star from that list, performed very poorly in the period under review. They are among the biggest beneficiaries in terms of generation and allocation. Anambra surprised me sha... One would think with all the commercial activities in that state they will be up there like Oyo did. With this data it is clear the north is not as black as painted because our states like Edo, akwa ibom, cross rivers, Benue and even imo performed abysmally. Many more states than I thought survive on unmerited allocations too. Make we use our head sha... The oil sef is going down gradually. 8 Likes 1 Share |
Re: VAT: What States Generated, Received In Past 8 Months by Kyase(m): 1:30pm On Sep 18, 2021 |
Kano generated more than the entire south east Rivers Lagos and Oyo Should collect VAT abeg The rest don’t have case I’m impress with Ebonyi and Bauchi Ortom Benue Na uselessness full am 4 Likes 1 Share |
Re: VAT: What States Generated, Received In Past 8 Months by Iykopee(m): 1:40pm On Sep 18, 2021 |
Kyase: Everybody should collect their vat. Sharing is parasitic and gives room for laziness. 4 Likes 1 Share |
Re: VAT: What States Generated, Received In Past 8 Months by ogmask: 1:43pm On Sep 18, 2021 |
Iykopee: Very correct. The state doing well are those that invested heavily on TAX infrastructure. Make everybody collect abeg... 1 Like |
Re: VAT: What States Generated, Received In Past 8 Months by ashatoda: 1:48pm On Sep 18, 2021 |
Iykopee:This is the best solution to the problem cos many of these states are certain of receiving allocation at the end of the month so they care less about what needs to be done. The solution is simply let each state collect VAT, then you will know they can work. Without that, there's nothing called development in the states 2 Likes |
Re: VAT: What States Generated, Received In Past 8 Months by Kyase(m): 1:49pm On Sep 18, 2021 |
Iykopee:They should change the sharing formula rather Before doing that, all companies that are supposed to be in states they are operating should be moved there(those oil companies) Make everybody hustle e resources |
Re: VAT: What States Generated, Received In Past 8 Months by edoairways: 1:54pm On Sep 18, 2021 |
ODVanguard:Population is a major factor considered for revenue allocation |
Re: VAT: What States Generated, Received In Past 8 Months by Jimasun: 1:55pm On Sep 18, 2021 |
How on earth is Abia and Anambra generating such low amount of VAT? 1 Like |
Re: VAT: What States Generated, Received In Past 8 Months by Blackfire(m): 1:57pm On Sep 18, 2021 |
FG must continue to collect the tax and share it according to our status quo, We move North2023 |
Re: VAT: What States Generated, Received In Past 8 Months by Lanretoye(m): 1:59pm On Sep 18, 2021 |
Upon the gold deposits wey dey zamfara,...ogun kill anybody wey support FG collection of vat. 1 Like |
Re: VAT: What States Generated, Received In Past 8 Months by Unlettered: 1:59pm On Sep 18, 2021 |
Im just glad gradually everyone is seeing the reality with a clear cut eye! Yet everyone is meant to believe its only the north that is parasitic. Imagine Benue 1b and gets FAAC of 26b. 2 Likes |
Re: VAT: What States Generated, Received In Past 8 Months by Saao(m): 2:01pm On Sep 18, 2021 |
ODVanguard:you don't get it. The higher figures in Kaduna and kano are the amount received. It means they generate less and got double. |
Re: VAT: What States Generated, Received In Past 8 Months by Kyase(m): 2:33pm On Sep 18, 2021 |
Saao:You still don’t understand anything Stop commenting 1 Like 1 Share |
Re: VAT: What States Generated, Received In Past 8 Months by murphyibiam15(m): 2:40pm On Sep 18, 2021 |
Wow, from this Ebonyi just receive just a little more than twice than it generated as allocation, which means if it should delve more into its solid minerals it won't need those allocation. Ebonyi even performed better than Abia and Imo in revenue generation, yet they make it seem it is Ebonyi who badly needs the allocation. Inside life This purely shows Umahi just wants to help his fulani friends up north and not that Ebonyi can't survive on its own |
Re: VAT: What States Generated, Received In Past 8 Months by Babanah: 2:43pm On Sep 18, 2021 |
I think the federal and state governments should come to a pragmatic agreement. VAT collection should run on federal infrastructure that is FIRS, while the distribution formula should be tweaked to reflect the state where final consumption has taken place. The states keep records of consumption within there domain and then reconcile with the FIRS. This is possible with a good IT system. However for VAT due on imported good and contracts signed in the FCT, this should be distributed among the federating units on the basis of equality with the federal government keeping 15 percent. This will ensure the non performing states get some vat revenue but will spur them to be more creative and aggressive with internally generated revenue. Also it will lead to a more efficient use of scarce financial resources. |
Re: VAT: What States Generated, Received In Past 8 Months by XchangerKing(m): 2:54pm On Sep 18, 2021 |
You just wasted FTC...nonsense Go check the report again ODVanguard: |
Re: VAT: What States Generated, Received In Past 8 Months by owobokiri(m): 2:59pm On Sep 18, 2021 |
All these cooked data from the pits of hell. All we have said is that irrespective of who is getting what or contributing what, let the states collect their VAT! What's so hard for you guys to understand in this? If it's Kano state that contributes more than the whole five South Eastern states, it means that this is an opportunity for Kano to enjoy her riches! So stop bandying all these spurious figures concorted by Fulani Bureau of Statics and poblicized by their vuvuzelas in the South West media houses.. Let states collect their VAT and taxes pls! |
Re: VAT: What States Generated, Received In Past 8 Months by omowolewa: 3:00pm On Sep 18, 2021 |
More on VAT. I think the changes we need is on the sharing formular (which should favor equity most) and the Restaurant VAT (which should be with the state) |
Re: VAT: What States Generated, Received In Past 8 Months by theInterpreter: 3:03pm On Sep 18, 2021 |
make a graph aveg |
Re: VAT: What States Generated, Received In Past 8 Months by theInterpreter: 3:04pm On Sep 18, 2021 |
make a graph abeg |
Re: VAT: What States Generated, Received In Past 8 Months by Nobody: 3:47pm On Sep 18, 2021 |
Lol Suddenly what is generated and what is allocated is coming up. As far as Nigeria is concerned there us no feasible data, all these things are just been cooked up. Let every state collect their VAT. Analyst shouldn't bother, all states collect and use your vat. |
Re: VAT: What States Generated, Received In Past 8 Months by omonnakoda: 12:00pm On Dec 22, 2022 |
edoairways:Should not be .It creates moral hazard and discourages taking responsibility. Why should people be rewarded for making babies without having to take responsibility? |
Re: VAT: What States Generated, Received In Past 8 Months by AfonjaConehead: 12:15pm On Dec 22, 2022 |
Kyase: Now now now you are afraid at the mention of "everybody collecting their bats!" But you were so quick to mention "Kano generates more than the SE!" Leave the south east out of your life and let everybody collect their cats or even answer him papa name!!! Hope your bp won't explode at that?! |
Re: VAT: What States Generated, Received In Past 8 Months by Obaofaba: 12:16pm On Dec 22, 2022 |
Always south west and north. Imagine Imo generating 1 billion and pocketing more than 25 billion. Same with Abia contributing 2 billion in exchange for more than 20 billion. Obi's anambra giving us 5 billion in exchange for 25 billion Enugu giving 5 billion and taking 20 billion Only Eboyi is working in the south east, giving us 7 billion and taking 18 billion. Manageable. MMM Leach 1 Like 1 Share |
Re: VAT: What States Generated, Received In Past 8 Months by AfonjaConehead: 12:19pm On Dec 22, 2022 |
theInterpreter: if you ain't educated to make the graph yourself,how will it be possible for you to read and understand if someone more intelligent than you can ever be,presents the graph? |
Re: VAT: What States Generated, Received In Past 8 Months by RZArecta(m): 12:21pm On Dec 22, 2022 |
Are you guys seeing something funny in generations and allocations ? |
Re: VAT: What States Generated, Received In Past 8 Months by frank14011991(m): 12:26pm On Dec 22, 2022 |
We now know the real parasites. The Dot in a circle people 1 Like |
Re: VAT: What States Generated, Received In Past 8 Months by mrvitalis(m): 12:31pm On Dec 22, 2022 |
This is why we need to restructure let everyone generate and spend as they wish 1 Like |
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