Abia Ranked 35th in VAT Revenue Generation for August 2024 | #NwokeukwuMascot
News File Image Abia State has been ranked 35th in Value Added Tax (VAT) revenue generation among Nigeria’s 36 states and the Federal Capital Territory (FCT), according to the Federal Inland Revenue Service (FIRS) figures for August 2024. The state recorded a total VAT collection of N663.42 million , positioning it near the bottom of the list. Lagos State retained its lead as the highest VAT-generating state, contributing a staggering N249.77 billion . Rivers State followed with N70.54 billion , while Oyo, the FCT, and Delta State rounded out the top five with N20.11 billion , N18.17 billion , and N13.09 billion , respectively. Abia’s performance is notably lower compared to its neighboring states. Anambra generated N4.28 billion , ranking 9th, while Ebonyi collected N1.90 billion , securing the 20th position. At the bottom of the table, Imo State recorded the lowest VAT revenue of N235.41 million , followed by Zamfara with N432.80 million . Below is a breakdown of