Only four states—Lagos, Rivers, Oyo, and Bayelsa—received less than they contributed.
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Lagos contributed N2.21 trillion in VAT, accounting for the highest share of the total pool. Meanwhile, Imo’s contributions stood at N3.33 billion, the lowest among the states. But Imo received N57.09 billion, a figure significantly higher than what it contributed. Four states—Imo, Abia, Cross River, and Kebbi—benefited the most, each receiving more than 500 per cent of their VAT contributions.
The federal government currently retains 15 per cent, states receive 50 per cent, while local governments are allocated the remaining 35 per cent. However, the new tax proposals have generated controversy, particularly from northern elites, who fear the reforms could place their region at a disadvantage.
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