
…Rivers, FCT Claim Second, Third Spots
New research has revealed that Lagos State tops the list of the highest contributors to Nigeria’s Value Added Tax (VAT) revenue in 2024, generating a staggering sum of ₦2.75 trillion.
A Nigerian think tank dedicated to addressing national challenges, Agora Policy who provided a detailed analysis of each state’s VAT contributions said this represents 54% of the total non-import VAT pool.
According to the Agora Policy data published on Saturday, Rivers State came second with ₦832.69 billion, while the Federal Capital Territory (FCT) ranked third, contributing ₦303.64 billion.
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Oyo State took fourth place with ₦272.41 billion, and Kano State followed in fifth position with ₦77.76 billion.