VAT: What States Generated And What They Received In Q1, 2025 - Politics - Nairaland
Nairaland Forum βΊ Nairaland General βΊ Politics βΊ VAT: What States Generated And What They Received In Q1, 2025 (13120 Views)
| VAT: What States Generated And What They Received In Q1, 2025 by yashau(op): 6:52pm On Jun 17, 2025 |
1 Imo βπ΄β¦2.34bn,π’β¦21.84bn, +834%https://x.com/StatiSense/status/1935008849234452971?t=ew7ec9OTKXrNGZeY79bDsg&s=19
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| Re: VAT: What States Generated And What They Received In Q1, 2025 by yashau(op): 6:54pm On Jun 17, 2025 |
I don't even understand the format they're using to share this VAT self |
| Re: VAT: What States Generated And What They Received In Q1, 2025 by richmond500: 7:05pm On Jun 17, 2025 |
Ok. So only 4 states are giving more than they collect......... |
| Re: VAT: What States Generated And What They Received In Q1, 2025 by sreamsense: 7:12pm On Jun 17, 2025 |
It means a state they call brown roof is actually feeding them(audio billionaires of the rising east) from her brown roof proceeds. Respect needs to be given to Oyo for being more viable than them combined |
| Re: VAT: What States Generated And What They Received In Q1, 2025 by EasternActivist: 8:26pm On Jun 17, 2025*. Modified: 8:43am On Jun 18, 2025 |
sreamsense:Completely false. This shows you don't know how vat revenue works In the current setup in Nigeria, VAT revenue or tax is collected from the point of production instead of the point of consumption. Also this kind of Tax is being remitted to the Federal government and to be shared among the states which is totally different from state IGR. |
| Re: VAT: What States Generated And What They Received In Q1, 2025 by RandomFellow: 9:27pm On Jun 17, 2025 |
Imo state leadership should be arrested. Wakanda thievery is this? Haba!!! |
| Re: VAT: What States Generated And What They Received In Q1, 2025 by yommen: 9:43pm On Jun 17, 2025 |
EasternActivist:Oya, we don't actually know. Now tell us! Now! You seem to know much better. We dey await your lecture. |
| Re: VAT: What States Generated And What They Received In Q1, 2025 by SpecialAdviser(m): 5:51am On Jun 18, 2025 |
I pray my state doesn't generate anything for the looting regime to loot. Nansense |
| Re: VAT: What States Generated And What They Received In Q1, 2025 by jonadaft: 5:55am On Jun 18, 2025 |
Can you imagine the rip off off many of these states. The most annoying thing is the fact that, many if their governors are doing nothing with it than stealing. They are lazy and parasites to the country. They'll continue to give less and collect money. |
| Re: VAT: What States Generated And What They Received In Q1, 2025 by crossfm: 5:56am On Jun 18, 2025 |
Hehehe. We keep on hearing this for years now. My annoyance is that both what states generate and what the federal government gives to them have not been able to improve the lives of people in Nigeria. Our politicians will end up looting the money. In my opinion, corruption should be the first thing any government should tackle first if we need Nigeria to work. |
| Re: VAT: What States Generated And What They Received In Q1, 2025 by Abaziaka: 5:56am On Jun 18, 2025 |
Tax reform is inevitable some states need to work on their internal genrerated evenue |
| Re: VAT: What States Generated And What They Received In Q1, 2025 by buttlover(m): 5:56am On Jun 18, 2025 |
I don't believe that zamfara. Those one aren't generating anything dime |
| Re: VAT: What States Generated And What They Received In Q1, 2025 by Fiscus105(m): 5:59am On Jun 18, 2025 |
yashau: |
| Re: VAT: What States Generated And What They Received In Q1, 2025 by chrisxxx(m): 5:59am On Jun 18, 2025 |
Benefits of having more LGA. I don't know what to say to complete my statement 40 |
| Re: VAT: What States Generated And What They Received In Q1, 2025 by givedemwotowoto: 6:01am On Jun 18, 2025 |
This is fair for oil and gas producing states who have been generating more and receiving less for decades |
| Re: VAT: What States Generated And What They Received In Q1, 2025 by Nyanabo(m): 6:01am On Jun 18, 2025 |
Delta State is just big for nothing. No serious governor since inception. |
| Re: VAT: What States Generated And What They Received In Q1, 2025 by blamingthedevil: 6:03am On Jun 18, 2025 |
It is safe to say that South East is the parasite region. Unproductive Region Benue State generates as much as the whole South East combined . Those following Peter Obi, tell me the legacy of that man and other elected officials in the South East? |
| Re: VAT: What States Generated And What They Received In Q1, 2025 by GeneralPula: 6:04am On Jun 18, 2025 |
Hmmm.. See figures from SE. Abia state is generating #2b lol.. A state like Kebbi is more productive than Imo & Abia state combined.. The Benue state Ibos were mocking recently is even more productive than Anambra! |
| Re: VAT: What States Generated And What They Received In Q1, 2025 by Godsonkemz(m): 6:06am On Jun 18, 2025 |
Where do they obtain these figures of generated revenues from |
| Re: VAT: What States Generated And What They Received In Q1, 2025 by hope4nigeria(m): 6:09am On Jun 18, 2025 |
EasternActivist:this is a daft statement, bring your own fact and let's see |
| Re: VAT: What States Generated And What They Received In Q1, 2025 by DesChyko: 6:09am On Jun 18, 2025*. Modified: 6:45pm On Jun 18, 2025 |
yommen:VATs are paid by the headquarters of the business, not necessarily the field of their business or where the highest consumption is recorded. That not withstanding, VAT is borne by the final consumer. Take for example, Milk and Egg products. Most of the headquarters of these companies are in Lagos (possibly Ogun too), but the highest VATs on them are actually paid by the South Easterners who consume more of this, closely followed by South-South. However, the VATs remitted to the Nigerian purse through their headquarters in Lagos. So while it counts as VAT remitted by Lagos, it was actually paid by other regions. This explains a bit of why Lagos (and possibly Ogun) have VATs that dwarves the remaining states. Another advantage would be states with high oil and gas sector activities, and government presence too. Does that do a bit of justice?
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| Re: VAT: What States Generated And What They Received In Q1, 2025 by PureFace1(m): 6:12am On Jun 18, 2025 |
You will see them Insulting Oyo state, same Oyo they call brown roof Republic is feeding their parasitic region. |
| Re: VAT: What States Generated And What They Received In Q1, 2025 by Toosure70: 6:12am On Jun 18, 2025 |
You're a mumu man if you still dey believe this mumu source |
| Re: VAT: What States Generated And What They Received In Q1, 2025 by Hemanwel(m): 6:15am On Jun 18, 2025 |
I like to drop a comment here later today |
| Re: VAT: What States Generated And What They Received In Q1, 2025 by PureFace1(m): 6:18am On Jun 18, 2025 |
DesChyko:Look at how you twisted south east to pay more Vats shamelessly lol. What's your evidence that south east consume and pay more ? Just your trust me bro source ? Ogun have more headquarters of companies than Oyo but Oyo still generated more Vats |
| Re: VAT: What States Generated And What They Received In Q1, 2025 by Arlee: 6:19am On Jun 18, 2025 |
DesChyko:jisos so na south easterns sabi eat egg and milk? In fact,what you even tryna say is,na Igbo's they buy many products pass. Show me where u got this statistics from. .you guys always sound strange due to tribalism |
| Re: VAT: What States Generated And What They Received In Q1, 2025 by Celestialsword: 6:21am On Jun 18, 2025 |
Lagos always has the highest because that's the entry point of 99% of imported goods into the country. |
| Re: VAT: What States Generated And What They Received In Q1, 2025 by ivandragon: 6:21am On Jun 18, 2025 |
Hopefully, the amended tax reform bill addresses issues like this. Though like someone explained, head offices usually remit the taxes, especially in the case of telecoms, FMCGs, oil and gas. Nevertheless, states need to work harder to make themselves more hospitable for big businesses. |
| Re: VAT: What States Generated And What They Received In Q1, 2025 by Walai(m): 6:21am On Jun 18, 2025 |
Are you aware if I buy something as simple as MTN recharge card here in Kogi the VAT is recorded at their head office in Lagos ? EasternActivist: |
| Re: VAT: What States Generated And What They Received In Q1, 2025 by oche2020: 6:23am On Jun 18, 2025 |
With proper recording of income generated, all this states can do better, loopholes are the major causes of the shortfalls here you can call it corruption |
| Re: VAT: What States Generated And What They Received In Q1, 2025 by vickthourh(m): 6:23am On Jun 18, 2025 |
Yeye governors will still do what they how to do best with the money..... EMBEZZLE |
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I don't believe that zamfara. Those one aren't generating anything dime