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VAT allocations to states rise 74% to N423 billion in January 2026

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VAT allocations to states rise 74% to N423 billion in January 2026

02 Apr, 2026

VAT allocations to Nigerian states surged by 74% month-on-month to N423.25 billion in January 2026, marking a sharp rebound from the N242.92 billion recorded in December 2025 and signaling stronger revenue flows to subnational governments. The figures are based on data compiled by the Nairametrics Research Team from the Office of the Accountant General, which also shows that net VAT allocation increased by 77.72% to N412.37 billion during the period.......................….......READ MORE