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Nairaland Forum / Nairaland / General / Politics / VAT: What States Generated And Collected In 8 Months (2472 Views)
VAT: What States Generated, Received In Past 8 Months / VAT: What States Generated, Received In Past 8 Months / Breaking News. See The Number Of PVC Collected In The Unit For Rerun On Thursday (2) (3) (4)
Re: VAT: What States Generated And Collected In 8 Months by crestedaguiyi: 3:08am On Sep 19, 2021 |
Kids everywhere |
Re: VAT: What States Generated And Collected In 8 Months by Kyase(m): 3:18am On Sep 19, 2021 |
garfield1:lol |
Re: VAT: What States Generated And Collected In 8 Months by Kyase(m): 3:21am On Sep 19, 2021 |
garfield1:Was saying this somewhere Only lagos, Rivers and oyo have a say on this vat issue the rest should just stfu 3 Likes |
Re: VAT: What States Generated And Collected In 8 Months by Thinkfree(m): 3:40am On Sep 19, 2021 |
SlyDev:im more disappointed in Benue than zamfara 3 Likes |
Re: VAT: What States Generated And Collected In 8 Months by Lovelive: 4:01am On Sep 19, 2021 |
richiemcgold: |
Re: VAT: What States Generated And Collected In 8 Months by stonemasonn: 4:39am On Sep 19, 2021 |
Lol, But the question should be what is the formula used for sharing this VAT to states? |
Re: VAT: What States Generated And Collected In 8 Months by fregeneh(m): 6:31am On Sep 19, 2021 |
stonemasonn: Formula: A4 or all might formula. 1 Like |
Re: VAT: What States Generated And Collected In 8 Months by ba7man(m): 6:41am On Sep 19, 2021 |
All southeastern states are in the same WhatsApp group as the northerners on this one. 2 Likes |
Re: VAT: What States Generated And Collected In 8 Months by aminusodiq(m): 7:05am On Sep 19, 2021 |
garfield1:its better in a tabular form... Vangard seff no try.. Dey just made everything cumbersome |
Re: VAT: What States Generated And Collected In 8 Months by aminusodiq(m): 7:07am On Sep 19, 2021 |
garfield1:or by creating investments... Think out of the box almajiri northerner |
Re: VAT: What States Generated And Collected In 8 Months by aminusodiq(m): 7:07am On Sep 19, 2021 |
garfield1:sapa dey make person reason |
Re: VAT: What States Generated And Collected In 8 Months by aminusodiq(m): 7:09am On Sep 19, 2021 |
Sirjamo:let the north share kano. Kaduna and Abuja vat... The south west will share lagos vat.... Amd south east and s.s. Will share rivers dem vat... Its better that way |
Re: VAT: What States Generated And Collected In 8 Months by aminusodiq(m): 7:10am On Sep 19, 2021 |
garfield1:check katsina and see miracles |
Re: VAT: What States Generated And Collected In 8 Months by viczo(m): 7:41am On Sep 19, 2021 |
This will make other states sit up d south east has it's potentials d west has it's own potentials d south has it's own potentials cus dey have hard working men and women both their men and women are hard working,but come to d north dey are banning alcohol in d North but collects indirect vat from those companies. |
Re: VAT: What States Generated And Collected In 8 Months by garfield1: 8:45am On Sep 19, 2021 |
aminusodiq: What of enugu? |
Re: VAT: What States Generated And Collected In 8 Months by JubrinElSudan: 10:21am On Sep 19, 2021 |
33 states got more than they generated. Lagos, Rivers and Oyo States were the states that were short changed |
Re: VAT: What States Generated And Collected In 8 Months by garfield1: 12:02pm On Sep 19, 2021 |
The table below shows the VAT generated and allocated on state by state basis so far this year. GENERATED 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 *Vanguard News Nigeria* My take : THE WAY FORWARD : Change the VAT sharing formular. Current Formula: Equity. 50% Population. 30% Derivation. 20% Please change to as obtained in Canada and USA and India : Equity. 20% Population. 30% Derivation. 50% That is Equity and Derivation will swap position. With the new formula, FIRS will continue to collect VAT and it will be convenient to all stakeholders. It will also stop laziness by some states bc of derivation. |
Re: VAT: What States Generated And Collected In 8 Months by garfield1: 12:03pm On Sep 19, 2021 |
JubrinElSudan: All northern states except zamfara and Benue generate more than osun |
Re: VAT: What States Generated And Collected In 8 Months by Agboriotejoye(m): 4:03pm On Sep 19, 2021 |
garfield1:Doesn't matter. But Abia seems to support the idea. Since they were part of the governor's forum and have not come out to reject the SGF's communique |
Re: VAT: What States Generated And Collected In 8 Months by Agboriotejoye(m): 4:18pm On Sep 19, 2021 |
garfield1: What manner of lie is this? The U.S and India don't collect VAT federally. The states/provinces collect their VAT by themselves. As for Canada, they have two types of VAT. That collected by the provinces and that collected federally. Only that collected federally is shared. The Nigerian model breeds corruption and laziness both on the part of businesses and govt. For example, it is easy for so many businesses to cook their books to reflect lower sales in a particular state and thus pay lower VAT for that particular state. They can also do this in conjunction with corrupt people at FIRS. Note also that so many states in the don't have their VAT net well spread especially in the East. I mean with the volume of business in the East, the VAT is so abysmal because the states are not concerned and most of the businesses are in the informal sector and not even registered with CAC. So if the state are allowed to collect VAT instead of being spoon-fed, you will see them sit up to improve their tax profile. This will in turn force the citizens to shed more light on their state govts and their governance. It is a win-win which you should embrace if you really know what is good. |
Re: VAT: What States Generated And Collected In 8 Months by garfield1: 4:19pm On Sep 19, 2021 |
Agboriotejoye: This is funny na.you should know by now that a lot of politicians do not mean what they say.wike and a few southern governors in pdp were part of the resolution by southern govs to zone presidency down south but they are positioning themselves to be running mates to a northern candidate... Umahi kicked against VAT collection by states.how do we know that some southern govs are not supporting him? Dont forget that most of the south east govs were absent at that meeting which held in the south east... |
Re: VAT: What States Generated And Collected In 8 Months by Agboriotejoye(m): 4:51pm On Sep 19, 2021 |
garfield1: Can you explain how Wike is positioning himself for vice presidency? Umahi does not speak for the SE govs does he? If Abia state does not support it, I believe they will come out and say so openly. The SE govs have been shying away from matters of national significance because they are not adept at playing national politics. Don't foget almost all of them were planted as govs by their predecessors. So they are more or less stooges. But even at that, if they felt strongly about VAT like their northern counterparts, I believe they would have made their feelings known. |
Re: VAT: What States Generated And Collected In 8 Months by garfield1: 6:11pm On Sep 19, 2021 |
Agboriotejoye: There are insinuations and speculations that wike is supporting tambuwal for presidency and that he is supporting a southerner as next pdp chairman which invariably zones the pdp ticket back to the north.while that of wike supporting tambuwal might be a rumour,it is clear that pdp next chairman will come from the south and likely south west. Umahi is the chairman of the south east governor just like aketi is chair of the southern governors so to a large extent,umahi can be viewed as speaking for his colleagues.since they are not adept at national politics and love shying away from it,perhaps umahi is helping them.. A common denominator or factor among all the top vat producing state is that they have a high concentration of federal offices.followed by kaduna,rivers and oyo.another common factor is large population.I'll have included states with industries but ogun,anambra,abia have a lot of companies but they have been abysmal |
Re: VAT: What States Generated And Collected In 8 Months by Agboriotejoye(m): 8:09pm On Sep 19, 2021 |
garfield1:Insinuations and speculations are not worth building a theory on. It's like building a castle on sand. How is it clear that the PDP chairman is coming from the south esp SW? I think that's your own wishful thinking. Show what makes it clear. There has been no meeting of SE governors so Umahi cannot speak for them out of the blue without a meeting to harmonize their positions is untenable. Even if he wanted to speak on their behalf, he will release a statement signaling that he is speaking in that capacity and not through a mere commissioner apologies to Saraki. Which federal offices is concentrated in Oyo and Rivers state? Especially compared to Kaduna and Niger? It is even absurd to claim that federal offices decide VAT. Seems you don't know what VAT is. VAT is a consumption tax. So the main factor should be population and of course high commercial activities. If we are to go with population, Lagos should be first, followed by Kano. In other words, the northern states should take the lead in VAT remittances. This is another very good example of how the North's population is highly doctored. Secondly, is the fact that based on commercial activities, it is common knowledge that after the SW, the SE should be next and then SS. So, it is obvious that a large proportion of the VAT being collected in Lagos and Abuja should be for the SE &SS states given how commercial those regions are especially the SE. That is why it is obvious the North knows the VAT matter is not in their favour and will expose the underbelly of a lot of the lies they peddle about. This is why they want it to remain as it is. The Gombe govt have said it all. They need the south to be their "brother's keeper" |
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