garfield1:


Yes oh...cc sirjamo,kyase, juliusmalema

garfield1:
From the data,fct does not partake in VAT sharing

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

richiemcgold:
a typical monkey dey work bamboo dey chop

stonemasonn:
Lol,

But the question should be what is the formula used for sharing this VAT to states?

garfield1:
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

https://www.google.com/url?
q=https://www.vanguardngr.com/2021/09/vat-what-states-generated-received-in-past-8-months/&sa=U&ved=2ahUKEwjUwJfkpYnzAhUtEWMBHd27Aq8QFnoECAgQAg&usg=AOvVaw1rB-FcA17VKXJHdJlOpNqt

Mynd44
Fergie001
Agboriotejoye
Jaxxy
Eriokanmi

garfield1:


By overtaxing its citizens

garfield1:


Majority won't in reality

Sirjamo:
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.

garfield1:


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...

aminusodiq:
check katsina and see miracles

JubrinElSudan:
33 states got more than they generated. Lagos, Rivers and Oyo States were the states that were short changed

garfield1:


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...

garfield1:

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.

Agboriotejoye:

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

garfield1:


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...

Agboriotejoye:


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.

garfield1:



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