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VAT: What States Generated And Collected In 8 Months - Politics - Nairaland

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VAT: What States Generated And Collected In 8 Months by garfield1: 9:20pm On Sep 18, 2021
Zainab Ahmed, foreign exchange rate
•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 them3

No. STATE VAT GENERATED VAT ALLOCATION
1 Abia 2.290b 20.020b
2 Adamawa 3.689b 22.260b
3 Akwa Ibom 8.39b 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

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Re: VAT: What States Generated And Collected In 8 Months by garfield1: 9:24pm On Sep 18, 2021
Apart from oyo,lagos and rivers and fct,all other states are VAT parasites

8 Likes

Re: VAT: What States Generated And Collected In 8 Months by jaxxy(m): 9:30pm On Sep 18, 2021
This is preposterous. The vat law should definitely be looked into for major states.
Re: VAT: What States Generated And Collected In 8 Months by garfield1: 9:34pm On Sep 18, 2021
jaxxy:
This is preposterous. The vat law should definitely be looked into for major states.

How? Only four states will benefit from a change in vat law
Re: VAT: What States Generated And Collected In 8 Months by Alfamann: 9:35pm On Sep 18, 2021
All hail Biafra.

2 Likes 2 Shares

Re: VAT: What States Generated And Collected In 8 Months by Alfamann: 9:36pm On Sep 18, 2021
garfield1:


How? Only four states will benefit from a change in vat law

Or maybe states would be forced to make efforts to generate more revenue instead of relying heavily on FG handouts.
Re: VAT: What States Generated And Collected In 8 Months by Bonesking(m): 9:36pm On Sep 18, 2021
Great one OP

1 Like

Re: VAT: What States Generated And Collected In 8 Months by garfield1: 9:36pm On Sep 18, 2021
From the data,fct does not partake in VAT sharing
Re: VAT: What States Generated And Collected In 8 Months by garfield1: 9:37pm On Sep 18, 2021
Alfamann:


Or maybe states would be forced to make efforts to generate more revenue instead of relying heavily on FG handouts.

By overtaxing its citizens
Re: VAT: What States Generated And Collected In 8 Months by garfield1: 9:38pm On Sep 18, 2021
Bonesking:
Great one OP

How? It generated a paltry 2 billion and received a whopping 20 bil
Re: VAT: What States Generated And Collected In 8 Months by Horladipupo0505: 9:38pm On Sep 18, 2021
garfield1:


How? Only four states will benefit from a change in vat law
states will work more on generating vat! State like ogun

1 Like 1 Share

Re: VAT: What States Generated And Collected In 8 Months by garfield1: 9:39pm On Sep 18, 2021
Bonesking:
Great one OP

Yes oh.every part of nigeria is parasitic in terms of vat except lagos,fct,rivers and kaduna because of the concentration of offices

1 Like

Re: VAT: What States Generated And Collected In 8 Months by Alfamann: 9:39pm On Sep 18, 2021
garfield1:


By overtaxing its citizens

Is that what Lagos is doing?
Re: VAT: What States Generated And Collected In 8 Months by garfield1: 9:39pm On Sep 18, 2021
Horladipupo0505:
states will work more on generating vat! State like ogun

Majority won't in reality
Re: VAT: What States Generated And Collected In 8 Months by garfield1: 9:40pm On Sep 18, 2021
Alfamann:


Is that what Lagos is doing?

Oga,most states dont have that tax capacity of lagos.they are meant to be perpetually dependent
Re: VAT: What States Generated And Collected In 8 Months by richiemcgold: 9:45pm On Sep 18, 2021
a typical monkey dey work bamboo dey chop
Re: VAT: What States Generated And Collected In 8 Months by Bonesking(m): 9:46pm On Sep 18, 2021
garfield1:


Oga,most states dont have that tax capacity of lagos.they are meant to be perpetually dependent
Lagos will forever top the list due to her of advantages over other states.. While I commend Lagos for doubling her tax collection efforts, it's never a thing of pride to chest beat over the advantages inherent in the state.
Re: VAT: What States Generated And Collected In 8 Months by Bonesking(m): 9:50pm On Sep 18, 2021
garfield1:


How? It generated a paltry 2 billion and received a whopping 20 bil
I actually edited it after seeing it was done alphabetically.
Re: VAT: What States Generated And Collected In 8 Months by Agboriotejoye(m): 10:01pm On Sep 18, 2021
Ok grin grin
Re: VAT: What States Generated And Collected In 8 Months by AcademicWriter: 10:20pm On Sep 18, 2021
Great one moll

1 Like

Re: VAT: What States Generated And Collected In 8 Months by OVB123(m): 10:49pm On Sep 18, 2021
By implementing the new VAT law, it only will make few states more richer, while 80% to 85% of the remaining states poorer. For this reason, i am not in support of the plan, statue quo should be maintained.

1 Like

Re: VAT: What States Generated And Collected In 8 Months by uBuNiT: 11:07pm On Sep 18, 2021
Status quo must continue
Re: VAT: What States Generated And Collected In 8 Months by garfield1: 11:23pm On Sep 18, 2021
Bonesking:
Lagos will forever top the list due to her of advantages over other states.. While I commend Lagos for doubling her tax collection efforts, it's never a thing of pride to chest beat over the advantages inherent in the state.
True.its no surprise that after lagos,fct follows
Re: VAT: What States Generated And Collected In 8 Months by Sirjamo: 11:24pm On Sep 18, 2021
Those who were supporting Wike on this VAT issue did not know that their own states too are VAT parasites. They thought it's only the north that will suffer.

5 Likes

Re: VAT: What States Generated And Collected In 8 Months by garfield1: 11:24pm On Sep 18, 2021
uBuNiT:
Status quo must continue

Yes oh...cc sirjamo,kyase, juliusmalema
Re: VAT: What States Generated And Collected In 8 Months by theInterpreter: 11:24pm On Sep 18, 2021
uBuNiT:
Status quo must continue
no
Every state must be independent angry

I thought eboe were developers? grin

4 Likes 1 Share

Re: VAT: What States Generated And Collected In 8 Months by garfield1: 11:27pm On Sep 18, 2021
Agboriotejoye:
Ok grin grin

Shey I told you ? Only four or five states will benefit from the new law while most states will be further impoverished.let's use abia for example,she generates 2 billion and collect 20 billion.if states start collecting VAT, she can never generate above 5-10 billion...

2 Likes

Re: VAT: What States Generated And Collected In 8 Months by Sirjamo: 11:31pm On Sep 18, 2021
garfield1:


Yes oh...cc sirjamo,kyase, juliusmalema
If the status quo does not remain, hunger will finish many states

1 Like

Re: VAT: What States Generated And Collected In 8 Months by SlyDev: 11:45pm On Sep 18, 2021
Zamfara not even up to billion. Real parasite, the highest in South East is Anambra 5bn but them dey collect times 6. Both fulani and their brother are parasite

3 Likes

Re: VAT: What States Generated And Collected In 8 Months by Jacobx007: 11:54pm On Sep 18, 2021
Igbo AMAKA don keep quiet, las las all of us are PARASITES

5 Likes

Re: VAT: What States Generated And Collected In 8 Months by garfield1: 12:07am On Sep 19, 2021
Sirjamo:
If the status quo does not remain, hunger will finish many states

I tells you
Re: VAT: What States Generated And Collected In 8 Months by garfield1: 12:08am On Sep 19, 2021
SlyDev:
Zamfara not even up to billion. Real parasite, the highest in South East is Anambra 5bn but them dey collect times 6. Both fulani and their brother are parasite

A whole imo 1.9 billion

3 Likes

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