₦airaland Forum

VAT: Lagos Contributes 249.77bn, Gets 40.22bn, Zamfara Contributes N432.80m, Gets N5.65bn
IfyafricaNov 23, 2024 2:06 PM

According to Nigerian Tribune, Federal Inland Revenue Service (FIRS) data for August 2024 revealed a significant disparity in VAT contributions and allocations across states and regions in the country.

For instance, Lagos, the highest contributor, provided a staggering N249.77 billion but received only a paltry N40.22 billion in return.

On the contrary, Zamfara, one of the lowest contributors, contributed just N432.80 million but received N5.65 billion.

A similar disparity can be observed between southern and northern states across the nation, with the southern states contributing more but receiving less, and the converse being the case for the northern states.

In total, southern states contributed a substantial N387.06 billion of the N444.19 billion VAT revenue but received only N149.09 billion in allocations. In contrast, northern states contributed a modest N13.69 billion but were allocated N59.17 billion.

The VAT contributions and allocations for each state and region in August are as follows:

State/Region Contribution (N) Allocation (N)

Lagos 249.77bn 40.22bn

Rivers 70.54bn 15.54bn

Oyo 20.11bn 9.46bn

FCT 18.17bn 5.34bn

Delta 13.09bn 7.82bn

Bayelsa 7.12bn 5.58bn

Kano 4.65bn 9.71bn

Akwa Ibom 4.49bn 6.54bn


Anambra 4.28bn 6.66bn

Edo 4.05bn 6.08bn

Zamfara 432.80m 5.65bn

Imo 235.41m 6.01bn

Other Southern States 41.67bn 70.35bn

Other Northern States 9.00bn 49.46bn

Regional Summary

Region Contribution (N) Allocation (N)

South-West 278.52bn 73.09bn

South-South 100.38bn 46.97bn

South-East 8.16bn 29.03bn

North 13.69bn 59.17bn

The allocation disparity has reignited debates around the derivation principle proposed in the Tax Reform Bill, emphasizing revenue redistribution based on consumption location.

Regionalism is the answer. No wonder the north will not support it.

Fabricated VAT. Because the headquarters of multinationals and companies are cited in Lagos State doesn't make Lagos State the location of the consumption.

You play bet9jar in Imo State and Lagos State receivers the VAT. This is ojoroo.

A kind reminder that the billions of naira paid to clear goods moving to all other part of the country is also counted as Lagos revenue. So the entire country contributes to the revenue Lagos generates

All oil company headquarters
All bank headquarters
The airports patronized by the entire country etc All count as Lagos revenue too
Nnpc imports fuel for the whole country, revenue=lagos
As the OP above me mentioned. U play bets, revenue=Lagos,
Oil and gas activities degrading Niger delta environs, revenue,= Lagos

A wise lagosian will let the sleeping dog lie

MadamExcellency:
Fabricated VAT. Because the headquarters of multinationals and companies are cited in Lagos State doesn't make Lagos State the location of the consumption.

You play bet9jar in Imo State and Lagos State receivers the VAT. This is ojoroo.

That’s what the new Tax Bill and Supreme Court judgment is for.

And they keep destroying beer and about to target betting shops?
Hypocrites

Stop making excuses when you clear your good you take it to your region where it will later consumption by locally.

Zionmdde:
A kind reminder that the billions of naira paid to clear goods moving to all other part of the country is also counted as Lagos revenue. So the entire country contributes to the revenue Lagos generates

All oil company headquarters
All bank headquarters
The airports patronized by the entire country etc All count as Lagos revenue too
Nnpc imports fuel for the whole country, revenue=lagos
As the OP above me mentioned. U play bets, revenue=Lagos,
Oil and gas activities degrading Niger delta environs, revenue,= Lagos

A wise lagosian will let the sleeping dog lie

Yoruba Land is feeding the whole country. Imagine if Yoruba Land was a country. S west will become dubai in less than a decade. Nigeria choking the South West

BuhariAdvocate:
Stop making excuses when you clear your good you take it to your region where it will later consumption by locally.

Is VAT not included in the payment receipts we receive for clearing our goods even when the location of the consumption is unknown?

Odua4life:
Yoruba Land is feeding the whole country. Imagine if Yoruba Land was a country. S west will become dubai in less than a decade. Nigeria choking the South West

Lagos State is for the citizens who live in Lagos State. There is nothing Yoruba about her economy. Politically, yes but economy-wise, I don't see Lagos State paying for projects or the salary of any Yoruba State.

Joke apart na south south dey feed Nigeria...

Imo state and Zamfara though 😆 what they generate is not enough for just one politician in the state to loot

Didn’t they say they were trying to help other states since Lagos was getting most of VAT? Is truth not coming out now that they’re restructuring VAT to benefit Lagos?

If you want to restructure VAT, restructure oil revenue too. What is good for the goose is good for the gander. You can’t just realize that VAT is unfair to Lagos when you have benefited unfairly from oil/gas revenue for decades

FG infrastructure is in Lagos. VAT can't be equal when federal presence is not equal

You don't pay tax for where the goods is coming from rubbish.

MadamExcellency:
Is VAT not included in the payment receipts we receive for clearing our goods even when the location of the consumption is unknown?

Why are you particular about Zamfara ?

Imo state that was said to be more developed than the entire northern Nigeria generated far lass than Zamfara that was regarded as rural area.

Despite that, Imo still got far more than it could generate in 2 years in just one month. Is that not cheating? Yet, these same set of people are quick to refer to the northern Nigeria as parasites when they refused to look into the mirror to see the real parasites.

BuhariAdvocate:
Stop making excuses when you clear your good you take it to your region where it will later consumption by locally.

Make sense of what you just now please?

And counter anything that I wrote there that isn't true.

Mind you revenue or not I don't care, it's all in the fat pockets of your gods who u worship day and night, and they don't even care if you see crumbs to feed on

givedemwotowoto:
Didn’t they say they were trying to help other states since Lagos was getting most of VAT? Is truth not coming out now that they’re restructuring VAT to benefit Lagos?

If you want to restructure VAT, restructure oil revenue too. What is good for the goose is good for the gander. You can’t just realize that VAT is unfair to Lagos when you have benefited unfairly from oil/gas revenue for decades

If they have to restrure oil revenues, that means they will also have to restructure the tax and levies revenues which Lagos alone generate more that 50%.

The point is that, we need to take from the place of excess to feed the scarce. However, the annoying part is the governors of the states with scarce resources refusing to think outside the box when it comes to revenue generation. They rather wait to share the money allocated to them at the end of the month and wait for the following month.

MadamExcellency:
Fabricated VAT. Because the headquarters of multinationals and companies are cited in Lagos State doesn't make Lagos State the location of the consumption.

You play bet9jar in Imo State and Lagos State receivers the VAT. This is ojoroo.

which is why sales tax is the best vat allocation formula. Wherever an item is sold/serviced the buyer or seller pays his or her tax there.

You actually misunderstood me .

Zionmdde:
Make sense of what you just now please?

And counter anything that I wrote there that isn't true.

Mind you revenue or not I don't care, it's all in the fat pockets of your gods who u worship day and night, and they don't even care if you see crumbs to feed on

Odua4life:
Yoruba Land is feeding the whole country. Imagine if Yoruba Land was a country. S west will become dubai in less than a decade. Nigeria choking the South West

So move a motion for independent Oduduwa republic so that you can enjoy your VAT alone and see if Ndiigbo will not support you.
Unless ofcourse you are not telling us the truth.

Zionmdde:
Make sense of what you just now please?

And counter anything that I wrote there that isn't true.

Mind you revenue or not I don't care, it's all in the fat pockets of your gods who u worship day and night, and they don't even care if you see crumbs to feed on

The "palasites"( Ndiigbo) want to leave Nigeria for you hosts to enjoy.
Why are you hosts forcing parasites to stay?

MadamExcellency:
Fabricated VAT. Because the headquarters of multinationals and companies are cited in Lagos State doesn't make Lagos State the location of the consumption.

You play bet9jar in Imo State and Lagos State receivers the VAT. This is ojoroo.

It's gotta be fabricated because it exposes you empty chestbeating louts for the fraud that you are. Maybe Oyo that has more VAT than the whole of your dry wasteland is also due to the bet9ja that Sinedu the palmwine tapper played in Imo.

Zionmdde:
A kind reminder that the billions of naira paid to clear goods moving to all other part of the country is also counted as Lagos revenue. So the entire country contributes to the revenue Lagos generates

All oil company headquarters
All bank headquarters
The airports patronized by the entire country etc All count as Lagos revenue too
Nnpc imports fuel for the whole country, revenue=lagos
As the OP above me mentioned. U play bets, revenue=Lagos,
Oil and gas activities degrading Niger delta environs, revenue,= Lagos

A wise lagosian will let the sleeping dog lie

Lolz. All this explanation and grieving is always coming from a particular section of this country. One of the poorest, driest but loudest section in the country.

pazienza:
The "palasites"( Ndiigbo) want to leave Nigeria for you hosts to enjoy.
Why are you hosts forcing parasites to stay?

Forcing you to stay? Lolz. You louts are not fooling Noone. You're a bunch of petty traders that can't survive without the Nigerian market. You wonder why you bums will never dare leave other regions to go back and settle in your region? Go figure.

Brenbentondiaz:
Lolz. All this explanation and grieving is always coming from a particular section of this country. One of the poorest, driest but loudest section in the country.

What I said to the last person I will say to you too

People like me don't care who generates billions or doesn't generate. The whole money is busy dancing in the pockets of the thieves people like you worship. Funny enough one kobo you don't see. You will keep coming online here thinking you have a say. Meanwhile your gods are buying mansions abroad.

Dry oooo, wet ooooo, leave ur little face me I face u, u will see that wealth knows no tribe. Don't go and hustle, be there thinking anybody is grieving for you in ur face me I face u compound at mushin

Brenbentondiaz:
Forcing you to stay? Lolz. You louts are not fooling Noone. You're a bunch of petty traders that can't survive without the Nigerian market. You wonder why you bums will never dare leave other regions to go back and settle in your region? Go figure.

Lol!
So you love us so much that you make up reasons for us on why we would suffer if we leave Nigeria?

Disintegration goes first before leaving area of settlement.
Malaysians expelled Singapore from their country without Singapore approval.
That's what true hosts do to Parasites.
You are deceiving yourselves , because we know who the true hosts are and who are the Parasites forcing unity by force.

Anambra top 10

BuhariAdvocate:
You don't pay tax for where the goods is coming from rubbish.

Can rephrase your comment?

We are talking about VAT, which is supposed to mean sales tax, not you income tax on what you earn.

Odua4life:
Yoruba Land is feeding the whole country. Imagine if Yoruba Land was a country. S west will become dubai in less than a decade. Nigeria choking the South West

Unknown to you because you ain't educated you won't know that the revenue of Lagos would plummet if it's not part of Nigeria. It's a gateway to importation.

Lagos benefits from Rivers state than Rivers benefits from Lagos, Oil and gas activities done in Rivers and it's environs finds itself into Lagos meanwhile it's done in my state. If Lagos goes Rivers state ilwill be the beneficiary because Rivers has everything Lagos has but has what Lagos doesn't have .