📺 Nigeria TV Info – States whose allocations have tripled following the removal of petrol subsidy by President Bola Ahmed Tinubu are set to earn even more under the newly approved Value Added Tax (VAT) distribution system.

The new tax law, which was signed by President Tinubu last month, is scheduled to take effect from January. Under the revised VAT distribution formula, state governments will now receive 55% of VAT revenue, an increase from the current 50%.