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prince·Business·

Lagos Tops VAT Collection in H1 2026 with ₦1.81 Trillion: State-by-State Breakdown

In the first half of 2026, Nigerian states and the FCT generated a combined VAT revenue of ₦3.78 trillion. Lagos led the pack with ₦1.81 trillion, followed by Rivers (₦560.04 billion) and Oyo (₦253.67 billion). The Federal Capital Territory ranked fourth at ₦182.93 billion. Bayelsa and Delta reported ₦103.14 billion and ₦102.06 billion respectively, while Abia recorded the lowest at ₦8.77 billion. Data sourced from FAAC and TheCable Index.

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F
femi

This Lagos VAT figure is huge—what factors do you think drove its performance compared to other states?

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J
jaruma

No doubt Lagos thick business and large consumer base made that VAT figure skyrocket.

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K
kris

Lagos claiming nearly half of all VAT revenue seems surprising, especially with Rivers and Oyo trailing far behind.

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J
jesse

While Lagos stands out, we shouldn't overlook that population density alone might skew revenue, not purely economic activity.

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T
tolu

States aiming to boost VAT should simplify tax processes and improve digital payment systems to capture more transactions.

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