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VAT Generated In States Across Nigeria (August 2024) - Politics (4) - Nairaland

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Re: VAT Generated In States Across Nigeria (August 2024) by Believeintruth: 6:08pm On Nov 20, 2024
yoruboid:
Just imagine states were allowed to collect and control their VAT

Apart from Anambra, which is just about N700m higher, Ekiti has more VAT revenue than all the states in the SE

Just as Anambra and Imo have GDP higher than Ogun, Oyo, Osun, Ondo and Ekiti.

1 Like

Re: VAT Generated In States Across Nigeria (August 2024) by Believeintruth: 6:10pm On Nov 20, 2024
Ttalk:
We can now see the reason why SE people are angry. Their environment is the image of Nigeria they see.

Don't blame them, blame their leader that's stagnated them.

Presently Nothing is working there apart from IPOB activities

Try to stop being daft and stupid at times. Anambra is in the top 10 even doing better than the so called Ogun, Osun, Ondo and Ekiti.
Re: VAT Generated In States Across Nigeria (August 2024) by Lithiumite: 6:11pm On Nov 20, 2024
Seefinish:
is like if don't compare IGR generated by southeast with that of southwest, you don't have peace with your poverty.
Tell me the impact of IGR generated by Ekiti on Ekiti state.

Only if you know how much your govs needs those revenues .....you complain no schools,no hospitals,no good road network,no security.....where do you expect the govs to get money from.

It's a good thing this data are being publicised so people can better hold their govs accountable.....the tide is changing and states will soon have to be seeking revenues to take care of themselves.
Re: VAT Generated In States Across Nigeria (August 2024) by Believeintruth: 6:13pm On Nov 20, 2024
Omoawoke:


Do you know what they call VAT?

it doesn't change the fact that GDP wise, SE states are doing better than you.
Re: VAT Generated In States Across Nigeria (August 2024) by Believeintruth: 6:15pm On Nov 20, 2024
Omoawoke:


Southwest regions still remains the most developed region in the country, and you wonder why your people keep trooping to southwest, you think na beans?

Oya bring statistics of the migration from South east to Lagos (Other SW states are shyte) for the last 20 years let us compare the trend.
Re: VAT Generated In States Across Nigeria (August 2024) by Lithiumite: 6:15pm On Nov 20, 2024
Bestmanfornow:

Yoruba government you guys keep throwing it out we know what you guys are known for Oluwale, na only propaganda nothing more soon you guys will be out, Propaganda no infrastructure that's what your leaders uses in brainwashing you guys, once the throw it out gullible minds start jubilating

Do you know how many business decisions that can be made based on these data alone......that same ekiti gov now wouldn't have any excuse to be complaining about paucity of funds,his people can easily hold him accountable but if you are contented about the low revenue generation drive if your govs,that's your problem.
Re: VAT Generated In States Across Nigeria (August 2024) by Believeintruth: 6:16pm On Nov 20, 2024
Alliswell248:
I would rather stay in Maiduguri than live in Anambra.
That state is not working.
Enugu and.....Ebonyi states are far better.


but the state is in top 10 for VAT collection. Try and stop being stupid,
Re: VAT Generated In States Across Nigeria (August 2024) by ekitimanalways(m): 6:16pm On Nov 20, 2024
Seefinish:
is like if don't compare IGR generated by southeast with that of southwest, you don't have peace with your poverty.
Tell me the impact of IGR generated by Ekiti on Ekiti state.

I am an Ekitian and I reside in Ekiti State. The IGR generated has deepened the confidence of we Ekiti people in the present government of Ekiti State. It (IGR generated) is having an impact on infrastructure, human capital development, healthcare delivery, and the creation of economic opportunities for the citizens of Ekiti State.
Re: VAT Generated In States Across Nigeria (August 2024) by Believeintruth: 6:16pm On Nov 20, 2024
ekitimanalways:


I am an Ekitian and I reside in Ekiti State. The IGR generated has deepened the confidence of we Ekiti people in the present government of Ekiti State. It (IGR generated) is having an impact on infrastructure, human capital development, healthcare delivery, and the creation of economic opportunities for the citizens of Ekiti State.

Oga cool down first, stop all these propaganda and lies.
Re: VAT Generated In States Across Nigeria (August 2024) by ekitimanalways(m): 6:19pm On Nov 20, 2024
Believeintruth:


Oga cool down first, stop all these propaganda and lies.
You are entitled to your opinion.
Re: VAT Generated In States Across Nigeria (August 2024) by Lithiumite: 6:20pm On Nov 20, 2024
Kukutente23:
VAT is a consumption tax. How Kano which has almost same population with Lagos will have consumption tax of about one-tenth that of Lagos is a mystery. What is obvious is that VAT collection is a formal system and the less informal the system of a state is, the less VAT that is collected therein.
Another issue is if you say VAT should be zero on agricultural products but should be paid on processed foods, then states that have massive agric output will be shortchanged while those who produce using agric inputs will have higher VAT. This idea coming from a govt that has removed subsidy from fertilisers and has been the poorest at offering support to farmers both crops and animals since 1999 is tardy.

Those states with high agricultural output would do well to attract investors for agric processing for both local consumption and and export.....the north has very huge agricultural potentials.

Oil is dwindling and the revenue generated is also under threat in the coming years,no country can survive without taxes considering our abysmal GDP to population ratio....those countries we all like to run to for greener pastures all depend on taxes from their citizens,that's why things are working there.
Re: VAT Generated In States Across Nigeria (August 2024) by csamii: 6:24pm On Nov 20, 2024
Abeg make Una help us make we carry our property go Biafra.
Re: VAT Generated In States Across Nigeria (August 2024) by Lithiumite: 6:24pm On Nov 20, 2024
FourQu:
I love as south east is taking last in anything that has to do with tax or revenue wink

We can't be paying from our sweat then share over half of it with the remaining states and then these government thieves in power will be looting the remaining undecided

But also remember that according to your supremacist ideologues, South easterners are the most dispersed people in Nigeria and you should know that other states are benefitting from their sweat to the detriment of their region....that means Lagos or Abuja for instance earns more revenue on every Igbo in their domain as against Anambra or imo.

That doesn't benefit the south east in anyway if I must say.
Re: VAT Generated In States Across Nigeria (August 2024) by FourQu: 6:27pm On Nov 20, 2024
Lithiumite:


But also remember that according to your supremacist ideologues, South easterners are the most dispersed people in Nigeria and you should know that other states are benefitting from their sweat to the detriment of their region....that means Lagos or Abuja for instance earns more revenue on every Igbo in their domain as against Anambra or imo.

That doesn't benefit the south east in anyway if I must say.

It's okay. We buy their lands and become their landlords there cool

They pay us rent, and we pay 1% of it as tax wink

Everybody (especially the igbo man home and away) is happy 😊
Re: VAT Generated In States Across Nigeria (August 2024) by Kukutente23: 6:27pm On Nov 20, 2024
Lithiumite:


Those states with high agricultural output would do well to attract investors for agric processing for both local consumption and and export.....the north has very huge agricultural potentials.

Oil is dwindling and the revenue generated is also under threat in the coming years,no country can survive without taxes considering our abysmal GDP to population ratio....those countries we all like to run to for greener pastures all depend on taxes from their citizens,that's why things are working there.
States should rather be allowed to determine what to tax. Even if agric processing plants are built, the output will still go to other states. For example, a state in the core north that wants to import machinery will do so through the southern ports. But their agric output which is resource based will not yield any tax for them.

Oil is not dwindling. Our oil resources have been and is actively being mismanaged. Trump is even more pro-oil than Biden. While taxes are important, our tax profile has seen an uptick since APC came in but how many of it can be accounted for? Even today, more of our income comes from non-oil sources like tax, agric export, duties etc
Re: VAT Generated In States Across Nigeria (August 2024) by Lithiumite: 6:29pm On Nov 20, 2024
WorkTheTalk:
Lagos: N249.77bn

What did you expect when all the important companies in Nigeria have their head offices in Lagos, and pay VAT there, instead of their production and consumption bases?

Just imagine oil companies exploring, drilling and doing oil transactions in Akwa Ibom State, but go to Lagos state to pay VAT just because their head offices are in Lagos. It has always being a lopsided arrangement to cheat the minority.

At the end, you would hear some illiterates telling people from other regions to leave Lagos, and go back to their states not knowing that majority of the development in Lagos came from those states.

If those regions were conduceive for those oil companies to stay,they surely will,I bet you were to young or wasn't even born when shell was head quartered in warri,delta and mobil was in eket,akwa ibom before hostilities from the locals drove them out..... dangote refinery was also initially billed to be sited in the niger delta before he ran away with his capital to Lagos.
Re: VAT Generated In States Across Nigeria (August 2024) by Tochi3(m): 6:30pm On Nov 20, 2024
jmoore:

What shall it profit you to have VAT revenue more than USA and still be shouting Ebin pawa?
grin grin
Re: VAT Generated In States Across Nigeria (August 2024) by NAC1666: 6:32pm On Nov 20, 2024
yoruboid:


https://x.com/thecableindex/status/1859232836219224189?s=46&t=YoF4K0q-dNG9S6AXfcrqSg
What is vat? Value added tax. What value does the Easterners enjoy from tax,Nothing. Since it will be shared equal,let the South east also enjoy other people's tax. You think you are wise
Re: VAT Generated In States Across Nigeria (August 2024) by Lithiumite: 6:34pm On Nov 20, 2024
GetSenseNow:
Any state can suck their citizens dry in the name of collecting VAT and revenue, but the important factor is what that VAT is being used for. What's the essence of posting huge VAT while your GDP and GDP/capita is very poor.



And for those gallivanting on this thread, VAT and IGR have never been statistics for measuring development. GDP and GDP per capita are, so stop disgracing yourselves

Those states at the lower base of that chart,are you saying they are better advanced than those at the top.

South east for instance with those paltry figures compared to the potential inherent in that region says a lot is wrong that means Lagos ,fct,rivers for instance earns more money from taxing the Igbos in their domains than their states of origin would.
Re: VAT Generated In States Across Nigeria (August 2024) by dalass(f): 6:40pm On Nov 20, 2024
yoruboid:
Just imagine states were allowed to collect and control their VAT

Apart from Anambra, which is just about N700m higher, Ekiti has more VAT revenue than all the states in the SE

Seriously
Re: VAT Generated In States Across Nigeria (August 2024) by Mnana: 6:41pm On Nov 20, 2024
After some mumu go say na Dem develop Lagos like say there place is better than lagos.
Re: VAT Generated In States Across Nigeria (August 2024) by Lithiumite: 6:41pm On Nov 20, 2024
Kukutente23:

States should rather be allowed to determine what to tax. Even if agric processing plants are built, the output will still go to other states. For example, a state in the core north that wants to import machinery will do so through the southern ports. But their agric output which is resource based will not yield any tax for them.

Oil is not dwindling. Our oil resources have been and is actively being mismanaged. Trump is even more pro-oil than Biden. While taxes are important, our tax profile has seen an uptick since APC came in but how many of it can be accounted for? Even today, more of our income comes from non-oil sources like tax, agric export, duties etc

You are quite apt with your inference,however, we still have one of the lowest tax to GDP ratios on the continent.....a state is free to choose what it taxes as that as always been the case,if a state is comfortable with it's paltry allocation from faac,no problem.

It's a states ability to develop and retain human capital that would determine it's economic development and sustainability...... states in the north are earning nothing from direct taxes while a state like Lagos is benefiting enormously from it's location and commercial hub of the country.
Re: VAT Generated In States Across Nigeria (August 2024) by ObaOfBeninNahMu: 6:43pm On Nov 20, 2024
givedemwotowoto:


Oil/Gas Producing States:

“Imagine if states are fully allowed to control their own oil/gas resources and not distributed to other states based on population”.


You mean red oilgrin
Re: VAT Generated In States Across Nigeria (August 2024) by Lithiumite: 6:45pm On Nov 20, 2024
FourQu:


It's okay. We buy their lands and become their landlords there cool

They pay us rent, and we pay 1% of it as tax wink

Everybody (especially the igbo man home and away) is happy 😊

Most of the land you claim you bought only have 99 years leases on them and your children are still coming back to re buy those lands when your current leases end.

You are paying tenement on those buildings,vat on the materials you used in building them,employment for the indigenes of that state who would work on your site,more development to those places you develop and more taxes that are still coming while your region is replete with countless mansions that adds no value to your citizenry at home.
Re: VAT Generated In States Across Nigeria (August 2024) by Lutexx: 6:46pm On Nov 20, 2024
It's a very big mystery

Kukutente23:
VAT is a consumption tax. How Kano which has almost same population with Lagos will have consumption tax of about one-tenth that of Lagos is a mystery. What is obvious is that VAT collection is a formal system and the less informal the system of a state is, the less VAT that is collected therein.
Another issue is if you say VAT should be zero on agricultural products but should be paid on processed foods, then states that have massive agric output will be shortchanged while those who produce using agric inputs will have higher VAT. This idea coming from a govt that has removed subsidy from fertilisers and has been the poorest at offering support to farmers both crops and animals since 1999 is tardy.
Re: VAT Generated In States Across Nigeria (August 2024) by FourQu: 6:49pm On Nov 20, 2024
Lithiumite:


Most of the land you claim you bought only have 99 years leases on them and your children are still coming back to re buy those lands when your current leases end.

You are paying tenement on those buildings,vat on the materials you used in building them,employment for the indigenes of that state who would work on your site,more development to those places you develop and more taxes that are still coming while your region is replete with countless mansions that adds no value to your citizenry at home.


Igbos have too much money. We build empty mansions in our villages so that whenever nigeria collapses we will live like kings at home just as we are living like kings away from home right now cool

We don't mind, you shouldn't too smiley
Re: VAT Generated In States Across Nigeria (August 2024) by Omoawoke(m): 6:50pm On Nov 20, 2024
Believeintruth:


Oya bring statistics of the migration from South east to Lagos (Other SW states are shyte) for the last 20 years let us compare the trend.
I actually have a job,… so because I want to convince an illiterate bigot, I will abandon my deliverables to be sending You statistics
Re: VAT Generated In States Across Nigeria (August 2024) by Bimpe29: 6:53pm On Nov 20, 2024
This doesn't give consideration for the source of derivation and this is going to be addressed by the tax reforms bill.
Re: VAT Generated In States Across Nigeria (August 2024) by Omoawoke(m): 6:54pm On Nov 20, 2024
Believeintruth:


it doesn't change the fact that GDP wise, SE states are doing better than you.

Prove it!
Re: VAT Generated In States Across Nigeria (August 2024) by Lithiumite: 6:54pm On Nov 20, 2024
FourQu:



Igbos have too much money. We build empty mansions in our villages so that whenever nigeria collapses we will live like kings at home just as we are living like kings away from home right now cool

We don't mind, you shouldn't too smiley

Where many of you have since died and living those mansions desolate,we know many of your children who always say they would rather live and die in Lagos than go to the east because they have lived all there lives in the city and can't imagine living in those savage,dead beat villages.
Re: VAT Generated In States Across Nigeria (August 2024) by Ezmans: 6:55pm On Nov 20, 2024
yoruboid:
Just imagine states were allowed to collect and control their VAT

Apart from Anambra, which is just about N700m higher, Ekiti has more VAT revenue than all the states in the SE
you don't ask your self what is wrong with Ogun state only to mention south east, non industrial state like Edo state produces more vat than Ogun state it's really very bad
Re: VAT Generated In States Across Nigeria (August 2024) by WantsandMore: 6:55pm On Nov 20, 2024

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