Tax Titans: Lagos Generates ₦2.75 Trillion, Rivers And FCT Follow – Full Breakdown
Lagos State has retained its position as Nigeria’s leading contributor to Value Added Tax (VAT) revenue in 2024, recording a staggering ₦2.75 trillion, representing 54% of the country’s total non-import VAT earnings. Tourism packages
According to data published by Agora Policy, a Nigerian think tank, Rivers State secured the second spot with ₦832.69 billion, while the Federal Capital Territory (FCT) ranked third with ₦303.64 billion.
Oyo State came fourth with ₦272.41 billion, and Kano State rounded off the top five with ₦77.76 billion.
Meanwhile, the remaining 33 states contributed just 19% of the total VAT revenue. Delta State led this group with ₦73.39 billion, while Imo State recorded the lowest contribution at ₦4.38 billion.
Agora Policy’s detailed analysis sheds light on the varying contributions of states to the national VAT pool and highlights Lagos’ significant dominance.
