₦airaland Forum

Shaketable:
But the southeast has a lot of its people in these other zones generating the high vat for them

Lol.

Because Nigerians are plenty in London or Texas. That does not mean Nigerians are the ones helping London or Texas to generate huge igr.

Its the work of the leadership in those places. They brought capital investors and huge companies and created a safe environment for those investors and companies to thrive.

anyilalaz:
Ok. Allow them to be as they are insignificant to the revenue generation of the country

As simple as A-Z but watch them deviate from....

If something isn't useful to you, cut it off so I doubt the stat above

ednut1:
vat on alcohol is not up to 2% of total VAT. Its inconsequential

It's not, how many percentage of total vat does North contribute?

Dogalmighty17:
When the South West is said to generate more VAT than other regions what does it even mean? Without making sales in other regions can companies in the south west generate the same level of VAT if their products and services are consumed only within the South West? Obviously not.

If VAT is listed according to sales made and generated in each state a clearer picture emerges.

It's a simple economic principles anywhere in the world, what to produce - for whom to produce and how to produce.

This is the reason some people shouting resource control didn't know the outcome can affect the unexpected zones. To specialise in marketing is not productive. Image each zones are to use only the vat generated by them, how can they survive. Lazy governors everywhere.

So we are the ones feeding the billionaires

Precious452:
All illiterate agbado APC ronu economists do not know what VAT is. They will just type something for you guys in your WhatsApp groups and you will download and run along with it without proper research. VAT is called value added tariff and it is wrongfully collected in Nigeria. VAT should be collected at the point of consumption or service delivery and not at the point production. If you produce and nobody consumes, will there be a VAT in the first place?
If consumers abandon what you produce and focus on other producers, the abandoned producer will not have any VAT to remit.
We all know that production in Nigeria favours only the industrialised region of the country backed up by colonial and post colonial regimes.
If not for oil in the Niger Delta, there will still be no VAT to be reported from there.
This statistics is not a true reflection of the economic situation of the regions but of course, it has made an attempt to highlight regions with more productivity.
Now the big question is, how can we make the whole country viable and not just a few regions?

This is pure envy. Lol.

You go explain tire.

Better go and hold the leaders of your own region responsible.

Factcheck0001:
u yourself u know d reality but u are waiting for who will tell u so them go ban am.


We know d almanj********jiri but we must just fem so we no go chop blocking

If you don’t like the share formula then let’s divide the country but unity beggar will never agree

ehikwe22:
Is VAT our major source of revenue in Nigeria? If not. Why is emi lokan ronu people using vat as propaganda since Tinubu entered?

[color=#006600][/color]

VAT is gotten from establishment located in an area.
That establishment gets their revenue from example oil producing areas.

Wutinky:
If you don’t like the share formula then let’s divide the country but unity beggar will never agree

if only u tell us who made secession a treasonable offence

We will take u serious from there

Even with the backwardness and insecurity in the North, they still did better than the South East.

JoeRizzla:
A big loss to the SS despite providing the lion share.

Which Lion share? Tiger share, maybe.
SW produces the Lion share. Go through it again.

Breakdown of how Oyo state is doing better than a lot of places.
Hold all your leaders responsible in your states. Its obvious that some governors of some states have been utterly useless.

AntiChristian:
Most Dependent Geopolitical Zone Based On VAT — Q1 2025

Then let's create a Biafran country, let's see how the figures change.

You people just create and forge figures out of your heads

ehikwe22:
Is VAT our major source of revenue in Nigeria? If not. Why is emi lokan ronu people using vat as propaganda since Tinubu entered?

Its really tiring.

Taxing the already poor to death. So there is no other idea to run a government.

Why not let southeast go as we are too dependent on Nigeria.

Dogalmighty17:
When the South West is said to generate more VAT than other regions what does it even mean? Without making sales in other regions can companies in the south west generate the same level of VAT if their products and services are consumed only within the South West? Obviously not.

If VAT is listed according to sales made and generated in each state a clearer picture emerges.

So, you want to jettison where it is produced in favor of where is it consumed right? That is bias.
The rule of trade is Production and Consumption. There can't be consumption without production.
If you look at it in all areas, SW will stand tall. It has the Second largest population (according to voting population since there has been no census in almost 20 years) after NW and it has the highest production in the country. So, look at it from both consumption plus production they will still have the Lion share.

THIS IS AN OBJECTIVE VIEW (Consumption+ Production).
Thanks.

Shaketable:
But the southeast has a lot of its people in these other zones generating the high vat for them

It's just like saying America is being developed by Nigerians. That will be myopic. Even if Nigeria has 50% of USA population (assumption) that can never be true because Nigeria has over 98% of Nigerians and it has remained under developed.

Even if South easterners make up 50% population in South West (assumption) they cannot lay claim to its development because South East is over 95% population by South easterners and it has generated the least in production.

This is not propaganda it is FACT.

THANKS.

Factcheck0001:
if only u tell us who made secession a treasonable offence

We will take u serious from there

Why do you and your people hate truth? What he said is the truth

Then let them go and have their Biafra republic

ImoleNaija:
South East generated ₦28.38bn but received ₦104.5bn — 268% gain.

South East generated the least VAT but received the most in proportion to what they generated for the period.


Time for statiSense to collect.

Do you know what VAT is?

When did revenue from Tax become a measure of economic stability?

Wetin dey worry una no olodoism.

So who are the task payers in other zone?

Southerners.

Ewedegubbler:
South east is the smallest region .. give them
A sixth state and level the placing ground.

A sixth Igbo state won't make any significant difference in the VAT generated..even add a 7th state, you'll almost the same

Efuaye:
Give them one or two more states to create an equilibrium with the other zones!
If they contribute the least, don't forget that they are also the least in terms of the number of states and local governments

That would be unfair to the other states generating more as a new SE state created will increase the allocation the region gets from the centre while contributing less.

It’s obvious why the SE senators resisted the tax reform bill initially along with their counterparts from the north. The data is so clear to all

Factcheck0001:
oya what's your excuse for oyo state too..


At least oyo isn't the HQ of anywhere n it doesn't have seaport or anything but it generates more than a region

Oya what's d excuse for that?

oyo is an industrial state from the days of western regions. U can google the company with HQ there

Enugurangers:
Is that why some states like Oyo generates more VAT than several states combined in Nigeria.

Note Oyo generates more IGR than the entire 5 SE states combined. Comments like yours encourages mediocrity.

When other state governors are out there promoting their states to investors, others are just useless. Stop encouraging mediocrity.

Note that the SW region also has the highest HDI in Nigeria.

VAT is a consumption tax that goes to the FG and shared. The new tax bill will correct the anomaly. Company income tax goes to the federal government while paye( personal income tax) goes to state government.

dederocs:
It's not, how many percentage of total vat does North contribute?

ask Taiwo Oyedele on twitter He will know 😏😏

ednut1:
oyo is an industrial state from the days of western regions. U can google the company with HQ there

haaaa

So it's not only Lagos now


Oya I have stayed in oyo for over 10 years, oya tell me d HQ in oyo?