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Nairaland Forum / Nairaland / General / Politics / VAT: What States Generated, Received In Past 8 Months (2982 Views)
What Each Oil-Producing State Received In Refunds / VAT: What States Generated And Collected In 8 Months / VAT: What States Generated, Received In Past 8 Months (2) (3) (4)
VAT: What States Generated, Received In Past 8 Months by Gratitudes081(m): 1:57pm On Sep 18, 2021 |
VAT: What states generated, received in past 8 months September 18, 2021 •Lagos, Rivers, Oyo record highest in generation •Kano displaces Rivers, Oyo in collections •Zamfara generates N75 m, gets N4.5 b monthly By Emma Ujah, Abuja Bureau Chief As the Value Added (VAT) war rages, Saturday Vanguard has obtained details of collections made by each state and what it was allocated by the Federation Allocation Committee (FAAC), between January and August of this year, which indicates that the Federal Inland Revenue Service (FIRS) Offices in Lagos, Rivers and Oyo states recorded the highest collections. Lagos generated N429. 203 billion; Rivers, N90. 293 billion, while Oyo came third with N64. 646 billion. However, in the allocation of VAT revenue, Kano came second, displacing Rivers and Oyo from the top places on the table, after Lagos. Lagos received the sum of N139. 587 billion; Kano which generated N24 . 492 billion received the second highest allocation of N 47. 082 billion, while Rivers was in the third position as it got N 46. 270 billion. Zamfara stood out as a peculiar state with the least generation of VAT revenue. It was the only state that recorded less than a billion in the eight-month period of review. The state generated only N598. 133 million, an average of about N75 million per month. However, it received the sum of N35. 716 billion (about N4.5 billion monthly), placing it at the forth position on the allocation table. Kaduna which recorded a VAT revenue of N18. 262 billion, came after Zamfara with an allocation of N32. 726 billion, while Kastina which generated N3. 738 billion in the period under review got N31. 539 billion. READ ALSO: VAT controversy: OPS expresses concerns, seeks clarification on remittance An analysis based on the six geo-political zones showed that South West had the highest allocation of N256. 737 billion, particularly because of the huge allocation to Lagos state. North West had the second highest allocation of N219. 813 billion. The oil producing region of South-South N 162. 598 billion. North East and North Central received N129. 801 billion and N129. 154 billion respectively; while the South East kept the rear with N 109.629 billion allocation. A table showing what each state generated between January –August 2021 and the allocation to each of them STATE VAT GENERATED VAT ALLOCATION 1 Abia 2.290b 20.020b 2 Adamawa 3.689b 22.260b 3 Akwa Ibom 8.390 27.749b 4 Anambra 5.938b 25.001b 5 Bauchi 5.309b 25.613b 6 Bayelsa 12.536b 17.659b 7 Benue 1.268b 24.527b 8 Borno 3.442b 25.896b 9 Cross River 2.347b 20.478b 10 Delta 13.964b 27.854b 11 Ebonyi 7.894b 18.768b 12 Edo 8.284b 22.588b 13 Ekiti 6.635b 19.756b 14 Enugu 5.485b 20.729b 15 Gombe 4.028b 17.650b 16 Imo 1.941b 25.111b 17 Jigawa 3.375b 26.369b 18 Kaduna 18.262b 32.726b 19 Kano 24.492b 47.082b 20 Kastina 3.738b 31.539b 21 Kebbi 1.284b 22.162b 22 Kogi 3.286b 22.282b 23 Kwara 3.471b 18.998b 24 Lagos 429.203 b 139.587b 25 Nassarawa 2.495b 16.872b 26 Niger 3.723b 25.042b 27 Ogun 11.823b 25.141b 28 Ondo 4.554b 22.107b 29 Osun 1.995b 24.766b 30 Oyo 64.646b 45.136b 31 Plateau 5.208b 21.433b 32 Rivers 90.293b 46.270b 33 Sokoto 4.978b 24.219b 34 Taraba 1.756b 18.469b 35 Yobe 9.445b 20.525b 36 Zamfara 598.133m 35.716bn 37 FCT 235.794bn NOT ELIGIBLE Vanguard News Nigeria Source: https://www.vanguardngr.com/2021/09/vat-what-states-generated-received-in-past-8-months/amp/
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Re: VAT: What States Generated, Received In Past 8 Months by Gratitudes081(m): 2:05pm On Sep 18, 2021 |
To the Analyst in the house, whats the parameter for the disbursement of these funds to states, considering that some states contributed more but got less while some states contributed little and got more. 3 Likes 1 Share |
Re: VAT: What States Generated, Received In Past 8 Months by joyandfaith: 2:09pm On Sep 18, 2021 |
Gratitudes081: I think land mass, population and other variables are used in allocating resources. 3 Likes 1 Share
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Re: VAT: What States Generated, Received In Past 8 Months by Gratitudes081(m): 2:23pm On Sep 18, 2021 |
joyandfaith: Thank you, because I cant phantom why Zamfara state that contributed less of all 36 states was allocated the 4the largest share. 3 Likes 1 Share |
Re: VAT: What States Generated, Received In Past 8 Months by psucc(m): 2:30pm On Sep 18, 2021 |
joyandfaith:It is based on equality of States 50%, Population 30% and generation (based on how much a State generates) 20% |
Re: VAT: What States Generated, Received In Past 8 Months by vedaxcool(m): 2:32pm On Sep 18, 2021 |
joyandfaith: It is population. |
Re: VAT: What States Generated, Received In Past 8 Months by vedaxcool(m): 2:35pm On Sep 18, 2021 |
Gratitudes081: That is what the op should have done. But decided to give half information as usual. 1 Like |
Re: VAT: What States Generated, Received In Past 8 Months by murphyibiam15(m): 2:37pm On Sep 18, 2021 |
Wow, from this Ebonyi just receive just a little more than twice than it generated as allocation, which means if it should delve more into its solid minerals it won't need those allocation. Ebonyi even performed better than Abia and Imo in revenue generation, yet they make it seem it is Ebonyi who badly needs the allocation. Inside life 11 Likes 1 Share |
Re: VAT: What States Generated, Received In Past 8 Months by Gratitudes081(m): 2:38pm On Sep 18, 2021 |
psucc: This is more clear and understandable. With this decision of sharing percentage, it will be one sided and can see why the agitation for stopping FIRS from collecting the VATs are prevalence 3 Likes |
Re: VAT: What States Generated, Received In Past 8 Months by Gratitudes081(m): 2:39pm On Sep 18, 2021 |
vedaxcool:. Which half information are you referring to here? Is it bad for getting clarification from a post I read and shared? |
Re: VAT: What States Generated, Received In Past 8 Months by wwwihy: 2:44pm On Sep 18, 2021 |
South East contribute nothing South East States are actually the parasites 9 Likes |
Re: VAT: What States Generated, Received In Past 8 Months by XchangerKing(m): 3:04pm On Sep 18, 2021 |
Next topic please. All I see is audio billions |
Re: VAT: What States Generated, Received In Past 8 Months by theInterpreter: 3:07pm On Sep 18, 2021 |
this must not continue |
Re: VAT: What States Generated, Received In Past 8 Months by famouscargo4u: 3:10pm On Sep 18, 2021 |
Gratitudes081: Land mass, population, Revenue generation and equality for all states. |
Re: VAT: What States Generated, Received In Past 8 Months by Truthissupreme: 3:15pm On Sep 18, 2021 |
How is kaduna and Kano generating more money than ogun It actually shows all the list so far is political 3 Likes |
Re: VAT: What States Generated, Received In Past 8 Months by Truthissupreme: 3:19pm On Sep 18, 2021 |
Gratitudes081:politics and quota system |
Re: VAT: What States Generated, Received In Past 8 Months by abouzaid: 3:28pm On Sep 18, 2021 |
This arrangement would mean that some state governors wouldn't be serious on encouraging economic growth and development in their states because they can always collect billions in free money at the end of the month. 1 Like 1 Share |
Re: VAT: What States Generated, Received In Past 8 Months by Nobody: 3:48pm On Sep 18, 2021 |
Lol Suddenly what is generated and what is allocated is coming up. As far as Nigeria is concerned there us no feasible data, all these things are just been cooked up. Let every state collect their VAT. Analyst shouldn't bother, all states collect and use your vat. 2 Likes |
Re: VAT: What States Generated, Received In Past 8 Months by vedaxcool(m): 3:55pm On Sep 18, 2021 |
Gratitudes081: Oga don't get me wrong. Vanguard gave half information that will not enable the public be educated. That is the half information I am referring to. 2ndly the information presented seem to sporadic. |
Re: VAT: What States Generated, Received In Past 8 Months by Sammy07: 3:59pm On Sep 18, 2021 |
Fellow Nigerians Rivers generated 90.293b got 46.270b Kano generated 24.492b got 47.082b Kastina generated 3.738b got 31.539b Kebbi generated 1.284b got 22.162b Zamfara generated 598.133m got 35.716bn Lol, see injustice in this country 9 Likes 3 Shares |
Re: VAT: What States Generated, Received In Past 8 Months by proeast(m): 4:39pm On Sep 18, 2021 |
Lol, classic case of robbing Peter to pay Paul. Rivers generated 90b but received 46b while Kano generated 24b and got double Zamfara generated far less than 100m but got a whopping 4.7b This is sad to say the least, height of injustice. 1 Like |
Re: VAT: What States Generated, Received In Past 8 Months by proeast(m): 4:47pm On Sep 18, 2021 |
murphyibiam15: Something doesn't add up in these figures. Ebonyi actually generated far higher than any other SE state How is that even possible? 1 Like 1 Share |
Re: VAT: What States Generated, Received In Past 8 Months by Gratitudes081(m): 4:47pm On Sep 18, 2021 |
abouzaid: Exactly, it encourages laziness from some state Governors to find means of generating more revenue for their states since they can get billions at month end. Also I believe most states contributing high will not be motivated to do more since they are not accessing all their money. |
Re: VAT: What States Generated, Received In Past 8 Months by Sammy07: 4:48pm On Sep 18, 2021 |
proeast: Zamfara got 35bn ooo |
Re: VAT: What States Generated, Received In Past 8 Months by Iamgrey5(m): 5:04pm On Sep 18, 2021 |
proeast:This is only VAT now it's not all the taxes. Eboyin has more natural resources than most states in the southeast. 1 Like |
Re: VAT: What States Generated, Received In Past 8 Months by Iamgrey5(m): 5:07pm On Sep 18, 2021 |
only Lagos, Oyo and Rivers will truly want State government to collect VATs in Nigeria. |
Re: VAT: What States Generated, Received In Past 8 Months by Gratitudes081(m): 5:18pm On Sep 18, 2021 |
Iamgrey5: I tell you, What they contributed is far less than what they earn. Its normal and understandable that they are at the forefront of this agitation |
Re: VAT: What States Generated, Received In Past 8 Months by LegendHero(m): 5:24pm On Sep 18, 2021 |
Apology to the Northerners. I don’t think they are the parasite when looking at this VAT thing. Most of all the states are parasites both North and South except Lagos, Rivers, and Oyo. Bayelsa, Delta, Kaduna, Kano, and Ogun are trying to an extent too. 4 Likes |
Re: VAT: What States Generated, Received In Past 8 Months by LegendHero(m): 5:29pm On Sep 18, 2021 |
proeast: What about the below? Bro see based on this VAT thing, most of the states are parasitic on some very few states. So I don’t think it’s the North North headache here. They should make the states collect VAT tho so that any state that can’t think of a better way to make money can starve well well. Anambra 5.938b 25.001b Ebonyi 7.894b 18.768b 13 Ekiti 6.635b 19.756b Enugu 5.485b 20.729b Imo 1.941b 25.111b Abia 2.290b 20.020b 1 Like |
Re: VAT: What States Generated, Received In Past 8 Months by wwwihy: 5:37pm On Sep 18, 2021 |
Sammy07: Anambra 5.938b 25.001b Ebonyi 7.894b 18.768b 13 Ekiti 6.635b 19.756b Enugu 5.485b 20.729b Imo 1.941b 25.111b Abia 2.290b 20.020b 3 Likes |
Re: VAT: What States Generated, Received In Past 8 Months by Buckeyemedia1: 7:31pm On Sep 18, 2021 |
Sammy07:Las las you will Thank President Buhari for restructuring the system in his era, pdp was there for 16 years, they failed to address it, although Lagos State has taken them to Court? 1 Like |
Re: VAT: What States Generated, Received In Past 8 Months by AfonjaConehead: 7:50pm On Sep 18, 2021 |
Sammy07: Gbenue soun jare,shebi awon Ibo ni problem aye e?! |
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