Value Added Tax Generation Across Nigerian States For the 2024 Fiscal Year*

 *Value Added Tax Generation Across Nigerian States For the 2024 Fiscal Year*

The full breakdown of Value Added Tax (VAT) generated by each state in Nigeria for the year 2024. This data provides crucial insights into the economic activities and fiscal contributions of various regions across the country.

1. Lagos: N2.75trn  

2. Rivers: N832.69bn  

3. Oyo: N272.41bn  

4. Kano: N77.76bn  

5. Delta: N73.39bn  

6. Bayelsa: N64.66bn  

7. Edo: N53.55bn  

8. Anambra: N47.53bn  

9. Akwa Ibom: N46.93bn  

10. Adamawa: N42.01bn  

11. Borno: N35.29bn  

12. Niger: N34.84bn  

13. Taraba: N32.37bn  

14. Kwara: N31.51bn  

15. Kaduna: N30.30bn  

16. Ekiti: N29.58bn  

17. Jigawa: N28.54bn  

18. Benue: N26.59bn  

19. Ogun: N26.16bn  

20. Sokoto: N25.98bn  

21. Gombe: N25.45bn  

22. Ebonyi: N25.11bn  

23. Kogi: N23.61bn  

24. Plateau: N22.10bn  

25. Katsina: N22.08bn  

26. Yobe: N19.79bn  

27. Bauchi: N19.59bn  

28. Zamfara: N17.83bn  

29. Nasarawa: N15.89bn  

30. Enugu: N15.39bn  

31. Osun: N14.79bn  

32. Ondo: N13.80bn  

33. Cross River: N9.36bn  

34. Kebbi: N8.77bn  

35. Abia: N8.68bn  

36. Imo: N4.38bn  

*Top Performers*

Lagos State continues to dominate as the economic powerhouse of Nigeria, generating a staggering N2.75 trillion in VAT for 2024. This figure represents an overwhelming 56.95% of the total VAT collected nationwide. Rivers State follows at a distant second, contributing N832.69 billion, which accounts for 17.24% of the national total.

The top five VAT-generating states for 2024 are:

1. Lagos: N2.75 trillion

2. Rivers: N832.69 billion

3. Oyo: N272.41 billion

4. Kano: N77.76 billion

5. Delta: N73.39 billion

These five states alone contribute over 82% of the total VAT generated in the country, highlighting a significant economic disparity among Nigerian states.

*Middle-Tier Contributors*

States in the middle range of VAT generation include Adamawa at N42.01 billion, Borno at N35.29 billion, and Niger at N34.84 billion. These figures suggest moderate economic activity in these regions, with room for growth and development.

*Lower-End Contributors*

At the lower end of the spectrum, we find:

32. Ondo: N13.80 billion

33. Cross River: N9.36 billion

34. Kebbi: N8.77 billion

35. Abia: N8.68 billion

36. Imo: N4.38 billion

*Analysis and Implications*

The total VAT generated across all 36 states in 2024 amounts to approximately N4.83 trillion. This figure represents a significant portion of Nigeria's internal revenue and plays a crucial role in funding various government projects and services.

The vast disparity between the highest and lowest contributors raises important questions about economic diversification and development strategies across the country. While Lagos State's dominance is a testament to its robust economic activities, it also underscores the need for other states to boost their economic output and tax collection efficiency.

As we analyze these figures, it's clear that there's a pressing need for targeted economic policies to stimulate growth in underperforming states. The federal and state governments may need to collaborate on initiatives to attract investments, improve infrastructure, and create enabling environments for businesses to thrive across all regions of Nigeria. This concludes our special report on VAT generation across Nigerian states in 2024.