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Lagos Leads As States Generate Over N1.5 Trillion In VAT In Q1 2025 — FAAC Report

Summary by Investors King
In the Value Added Tax (VAT) collections report released by the Federation Account Allocation Committee (FAAC) for Q1 2025, the 36 states generated a combined N1.5 trillion VAT with Lagos State once again emerging as the dominant contributor. According to the FAAC breakdown obtained by Investors King, Lagos accounted for a staggering N819.62 billion, representing […] The post Lagos Leads as States Generate Over N1.5 Trillion in VAT in Q1 2025 — …
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Investors King broke the news in on Wednesday, May 28, 2025.
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