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Read More »VAT Revenues to States Rise to ₦551.8 Billion in February – THIS UPDATE
By Ayo Kehinde Nigeria’s Value Added Tax (VAT) disbursement to states increased sharply in February 2026, with gross allocations increasing by 30.36% month-on-month to ₦551.77 billion from ₦423.25 billion recorded in January. Data from the Accountant General’s Office shows that net VAT outlay also increased by 31.41% to ₦541.89 billion, reflecting sustained revenue momentum in subnational governments in the first …
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