₦airaland Forum

PureFace1:
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 has more headquarters of companies than Oyo but Oyo still generated more Vats

Dont mind him, as if all goods are directed and consumed in the East alone,
even though he made some points, consumption/VAT are retrieved nationwide only the manufacturers can tell the region with high consumption, if not the southwest then you must be producing something out of trend

DesChyko:
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?

How many businesses headquarters are in Ekiti? Even Oyo? You seem to focus on Lagos. If you check well, you would realized Ekiti is generating more vat than Ogun. Ekiti is not oil producing states and no major business headquarters yet it is generated more vat than some oil producing states.

A serious governor will think of how to increase his state vat generation.

Mandate1:
what has the govt contributed to other states to enable them generate that competitive VAT? You concentrate all govt investment in Lagos and expect other states you do nothing for to perform magic. How can Lagos house all the major ports in Nigeria? How's Lagos housing the headquarters of almost all big businesses in Nigeria, even when they don't produce anything in Lagos? Your answer to this will solve this puzzle.

What ever is paining you havent say it do you want to dictate to entrepreneur where to locate their businesses,if NPA should move to your location how are they going to monitor the numbers of ships at the wharf

Celestialsword:
Lagos always has the highest because that's the entry point of 99% of imported goods into the country.

Not only entry point but they house all major headquarters like MTN, Glo, Airtel, Banks and other big company and vats are paid where the headquarters are

sreamsense:
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

that's the concept of monkey dey work baboon dey chop

One Nigeria is amazing,some state are meant to work and while others enjoy

If you don't like it...call for dissolution of the country or deal with it or stay way from the oil/gas revenue fro South East and South South

Abaziaka:
Tax reform is inevitable some states need to work on their internal genrerated evenue

Vat revenue has nothing to do with IGR. Please do your research

Abaziaka:
Tax reform is inevitable some states need to work on their internal genrerated evenue

we don't want tax reform what we want is regions government

GeneralPula:
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!

That's vat revenue

Abia state igr is about 40 billion

Walai:
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 ?

Yes I am aware and you're right. VAT should consider place of final consumption. Let's see the real statistics of vat revenue

samijet:
What of OYO state? they have their headquarters there too? Let us encourage our state governors to generate more revenue through tax and stop giving excuses. The Western world developed mostly from taxation.

Vat revenue is different from IGR, IGR goes to the state, vat revenue goes to federal government

GeneralPula:
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!

Am not surprise about low VAT generation in south east because most of the able body men who would have made it possible are all over foreign prisons and while others are in south west they hate hustling. The north too.

DesChyko:
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?

keep decieving yourself that you consume more milk and egg than others. No be Abacha una dey eat pass, follow by akpu.

Kudos to the 4 states providing funds for the others.
Edo State should not depend on vat from others. Scandalous

Walai:
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 ?

Go and sit down. You people lack visionary leaders. Kogi should have been a tourism delight. You people can't even take advantage of closeness to the nation capital. My LGA share border with kogi, so you can't tell me about the state. All the civilian governors since creation are visionless. Imagine Donald duke was to be kogi governor.

hakeemhakeem:
VAT is charged at the productive state , the manufacturing firms changed even with WHT proportion

Does a regions VAT determine whether it is more productive than other regions? Does its tax revenue determine its general wealth equality?. A few companies making profit off an economy and paying back a percentage to the government does not entail that such an economy is prosperous by any metrics. There is always nuance when discussing economics on a macro level.

Governor Makinde, weldone. This is what we're saying. Vote wisely and you'd see the benefits. This was the man tinubu wanted to kidnap ahead of inec declaration in his fist term after winning oyo . A good lease will always create an enabling environment for businesses to thrive. Dapo abiodun has failed woefully. Ogun is the Nigerian industrial hub. Oyo has taken over

Otti will be praised forever, by the time what he's doing begin to yield benefits to the state and FG. I repeat, vote wisely

DesChyko:
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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What about Bayelsa generating over 26billion, is the headquarter now in Yenagoa?

crossfm:
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.

This is exactly what we’ve been saying! Nigerians—media houses, activists, politicians, and citizens alike—obsess over the presidency and the federal government, which receives just 35% of national revenue, while conveniently ignoring state governors who control a staggering 65%. Worse still, these states have also borrowed heavily, contributing significantly to Nigeria’s crippling debt burden.

Corrupt and unpatriotic governors thrive in this silence, growing obscenely wealthy by looting our collective resources. Why are we so illogical? If we truly want to eradicate multidimensional poverty, deliver infrastructure, and achieve nationwide social development—quality education, healthcare, and more—we must hold state governments accountable. The real change begins at the state level.

Show the analysis how southeast people consume milk and egg than other regions in Nigeria.

DesChyko:
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?

Raw foods and raw materials (and other non-VATABLE items manufactured in Nigeria) don’t attract VAT, unless they are processed further (value is added to them).

That’s why many factories in our states don’t pay VAT on raw and packaging materials manufactured locally.

Invoices sent by these manufacturers on this locally made raw materials attract no VAT no WHTax. Accounts Payable Accountants can understand better.

States with more population who have shops and services that are generating sales via POS terminals tend to generate more VAT than states that don’t have population making money via POS/rendering this type of services because they go undocumented.

Lots VATs are either lost or under-reported in some states due to the level of illiteracy or informal nature of such people or transactions they encounter.

Many individuals who own shops and are supposed to charge VAT on what they do or sell don’t charge VAT on their products or services.

Take for instance, a bricklayer that gave you a quotation is expected to give you an invoice which shows VAT element on ‘VATABLE’ items on his invoice but we rarely see any local bricklayer that does this. Once he is able to make his profit, he is fine. Even if he charges VAT on any invoice given to you, how does he pay it to government at the date the law says such VAT must be paid?
He can only charge VAT and pay such tax if his business is registered and reported, transparently.

That’s why it is easier to pay tax abroad than in Nigeria.
In UK for instance, every business owners either logs in online to file his tax returns or does so manually. He is also free to use tax consultant for fillings.
Staff of a Chancellor of Exchequer and other authorized officers have access to all residents bank accounts.
They expect employers to have deducted necessary taxes on employees and remit such to government. That’s why they don’t go after employees but the employers. For VAT, they go after business owners, whether you are registered your business or not the moments your business transactions have reached that threshold of VAT payment ( this topic is complex than I am writing it but accept it like this for now).

Once they expect you file your VAT returns and you don’t do, they come to you and ask you. If their is need to fine you, they do. So businesses can’t escape paying VAT on VATABLE items there, whether you are a home renovator or you are selling cigar in one corner shop.

The issue of VAT recording and returns in Nigeria is still cumbersome and in the wood. Òná sì jìn.
That’s why Tinubu wants more people to embrace paying taxes.

That’s why businesses have to be more standardized and digitized for all these taxes to be collectible.

But let’s be realistic, it’s one of the reasons Nigerians prefer

Main point of this epistle: don’t let us castigate any state that is generating let’s VAT in Nigeria because a lot transactions go un-captured and many businesses are not registered in some states as being done on other states.

Extremely disappointed with the figures from Ogun State while very impressed with Oyo* State!
What is Ogun State doing... Sleeping on Gold* mines Being that close to Lagos and not maximising the industrialization

Same way the State lost Dangote refinery to Lagos because of petty politics and selfish interests. What a big shame!!! We need to hold our leaders accountable.

If you want to get your governor to listen, hold the testicles of the house of assembly members! If you want the house to listen... Hold their counselors and local government chairman accountable! Grass root commitment must change!

Counsellors don't even live within their constituents or have assets there! Why then will they care about what happens to the people in those places? When would we have sense sef? Everybody is fighting for president to come from his geopolitical zone... But forget about their empowered brother I State House of Assembly, LG Secretariat and all. You start eating bean pudding from the flat side... Abi, how else can I talk this thing?

Calm down, Kogi have not gotten a governor yet I know that very well but the truth remains that the indirect tax and VAT we pay in Kogi on goods and services are recorded for Lagos state where the companies have their headquarters.

kedeojo:
Go and sit down. You people lack visionary leaders. Kogi should have been a tourism delight. You people can't even take advantage of closeness to the nation capital. My LGA share border with kogi, so you can't tell me about the state. All the civilian governors since creation are visionless. Imagine Donald duke was to be kogi governor.

sreamsense:
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

Yes o Their combined contributions is not even up to half of what Oyo generates

hakeemhakeem:
What ever is paining you havent say it do you want to dictate to entrepreneur where to locate their businesses,if NPA should move to your location how are they going to monitor the numbers of ships at the wharf

you left issues to attack anyhow. Is there any state in Nigeria that has functional port for import and export of goods in Nigeria aside Lagos? Lagos was the capital of Nigeria from 1918-1992, and you expect other states to catchup? Tell me any other state in Nigeria that has the number of FG roads as compared to Lagos?

So tell me how you expect other states to be at par in revenue generation as Lagos? You have people from different tribes in Nigeria residing and doing business in Nigeria, yet u want the revenue generated from Lagos, which was built with FG money to remain in Lagos. Funny. Nigerians are waiting for FG tax reform bill

DesChyko:
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?

Chike this your twisted explanation does not hold water. VAT is tied to productivity, purchasing power, high income, favourable business climate and the rest.

Bro, jiri ya nwayo sometimes...inugo?

Biggeststar01:
Does a regions VAT determine whether it is more productive than other regions? Does its tax revenue determine its general wealth equality?. A few companies making profit off an economy and paying back a percentage to the government does not entail that such an economy is prosperous by any metrics. There is always nuance when discussing economics on a macro level.

Yes VAT is one of the parameters to know because if there weren't productive the consumption level will be low, increase consumption has a positive VAT

This is nonsense. Not acceptable.

Unfair and unacceptable