Nigeria TV Info 

Five States Account for 21.2% of April VAT Revenue – NBS

The National Bureau of Statistics (NBS) has revealed that five Nigerian states generated a combined 21.2 percent of the country's Value Added Tax (VAT) revenue in April, highlighting the concentration of economic activities in a few key regions.

According to the report, the leading states maintained their dominance through strong performances in sectors such as manufacturing, trade, telecommunications, finance, and oil and gas. The data underscores the significant contribution of these economic hubs to Nigeria's internally generated tax revenue.

The NBS noted that VAT collections remain a major source of non-oil revenue for the federation, supporting government spending and public services across the country. The report also showed that local transactions continued to contribute the largest share of VAT receipts, while foreign and import VAT added significantly to total collections.

Analysts say the concentration of VAT revenue in a handful of states reflects the uneven distribution of industrial and commercial activities across Nigeria. They have called for increased investments in infrastructure, manufacturing, and digital services in other states to broaden the country's tax base and promote balanced economic growth.

The latest figures come as the federal government continues reforms aimed at improving tax administration, increasing non-oil revenue, and strengthening fiscal sustainability amid economic challenges.