Oyo State stands out as one of the top three states generating the most Value Added Tax (VAT) in Nigeria. According to the November 2024 records, Oyo State generated an impressive N32.44 billion in VAT.
The top three states are:
1. Lagos State generated N242.63 billion
2. Rivers State came second with N78.62 billion
3. Oyo State generated N32.44 billion for the month of November
Here is the breakdown of other states:
4. Kano: N9.78 billion
5. Anambra: N5.62 billion
6. Sokoto: N3.89 billion
7. Jigawa: N3.83 billion
8. Borno: N3.65 billion
9. Bayelsa: N2.39 billion
10. Kwara: N2.57 billion
11. Edo: N2.61 billion
12. Akwa Ibom: N2.64 billion
13. Katsina: N3.09 billion
14. Delta: N2.53 billion
15. Adamawa: N2.14 billion
16. Ekiti: N1.84 billion
17. Kaduna: N2.47 billion
18. Zamfara: N1.82 billion
19. Ogun: N1.86 billion
20. Nasarawa: N1.49 billion
21. Yobe: N1.25 billion
22. Taraba: N1.21 billion
23. Plateau: N1.33 billion
24. Gombe: N1.16 billion
25. Kogi: N1.24 billion
26. Enugu: N1.21 billion
27. Niger: N1.05 billion
28. Cross Rivers: N933.70 million
29. Ondo: N931.28 million
30. Bauchi: N976 million
31. Abia: N705.39 million
32. Ebonyi: N545.36 million
33. Imo: N600.30 million
34. Osun: N502.84 million
35. Kebbi: N413.85 million
36. Benue: N357.51 million
Total VAT generated: N422.32 billion
Source: The Cable Index
