Kano alone beats entire Southeast in 2021 VAT collection —Report

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Kano alone beats entire  Southeast in 2021 VAT collection —Report

In the first eight months of 2021, Kano state alone generated more VAT than all the Southeastern states put together, according to records from VAT receipts from the Federal Inland Revenue Service (FIRS).

While Kano state racked up N24bn from January to September, all the VAT accruals of the five Southeast states were N20bn within same period.

The data further revealed that Kaduna state with N19bn accrual also did better than Akwa Ibom (N9.3bn), Bayelsa (N13bn), Delta (N13bn), Edo (N9bn), and Ogun (N11bn).

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For instance, Kaduna’s N19.8bn is higher than the combined collection of Abia, Cross River, Osun, Ekiti, Ondo and Imo.

According to the chart, Abia state collected N2.2bn representing 0.22%; Cross River collected N1.9bn or 0.19%; Osun collected N2.07bn or 0.20; Ekiti made N6.2bn or 0.62; Ondo collected N4.8bn or 0.48, while Imo collected 1.01bn or 0.10 %.

Yobe in the Northeast collected N9.3bn rubbing shoulders with Akwa Ibom (N9.3bn), Edo (N9bn), Ebonyi (N7.2bn) and Ekiti (N6.2bn).

Lagos and the FCT, combined, contributed 65.22% of the total, while all the remaining 35 states contribute 34.78 percent of the total.

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