List: New Records As Northern State Beats Entire Southeast in VAT Collection
Recent data from the Federal Inland Revenue Services (FIRS) reveal that a new record has been set across Nigeria in relation to the collection of Value Added Tax collection. The records were from VAT receipts.
The records, seen by Daily Trust show that Kano collected more money as VAT than the entire southeast region within eight months in 2021.
While only Kano collected N24.4bn, the five states in the zone put together got N20bn as VAT collection, Daily Nigerian added in one of its publications.
According to the FIRS chat, the top five best states are Lagos, FCT, Rivers, Oyo and Kano, while the five least states in this regard are Taraba, Benue, Kebbi, Imo, and Zamfara.
In no particular order, other states and how much they collected are given below:
PAY ATTENTION: Install our latest app for Android, read best news on Nigeria’s #1 news app
Kaduna - N19bn
Akwa Ibom - N9.3bn
Bayelsa - N13bn
Delta - N13bn
Edo - N9bn
Ogun - N11bn
Abia - N2.2bn
Cross River - N1.9bn
Osun - N2.07bn
Ekiti - N6.2bn
Ondo - N4.8bn
Imo - N1.01bn
Yobe - N9.3bn
Akwa Ibom - N9.3bn
Edo - N9bn
Ebonyi - N7.2bn
Ekiti - N6.2bn
VAT dispute: Court gives verdict on important request made by Lagos
Meanwhile, the Court of Appeal in Abuja had granted a request by the Lagos state government, seeking to join Rivers State in the appeal filed by the FIRS.
The FIRS had filed an appeal at the appellate court to challenge the collection of VAT by states.
The resumed hearing of the matter on Thursday, September 30, the court granted the request by Lagos and ordered all processes filed to be served on the Attorney-General of the state, Moyosore Onigbanjo.
Jack Twitter's founder picks three Nigerians as head of his bitcoin fund from a pool of 7,000 applicants
Justice Haruna Simon Tsanami in the ruling, held that Lagos has effectively shown that it has sufficient interest to protect by being made a party in the case.
The court rejected the objections by the FIRS and the Attorney General of the Federation (AGF) and proceeded to join the Attorney General of Lagos state as the third respondent.
The case was later adjourned to Thursday, October 7 and would be heard at the Appellate Court in Port Harcourt, River state capital.
Source: Legit.ng