JaroMan:

So What happened to those states with higher IGR and VAT than Anambra state? Even with lower budget, they will still depend largely on FG allocation to meet up with the provisions of their budget.
So what changed?

JaroMan:

So What happened to those states with higher IGR and VAT than Anambra state? Even with lower budget, they will still depend largely on FG allocation to meet up with the provisions of their budget.
So what changed?

yorubakid:
What happened to Oyo and ogun state.. looks like they are not mining enough human head these days.. They need to increase their mining of yoruba Muslim heads to be able to sponsor their respective budgets

athaboi:
do I have your time! It seems you are part of the thieves benefits from Nigeria politics bcoz they will always refer us to their fellow thieves in national assembly where it's impossible to get justice bcoz all of you are thieves will never want anything to change bcoz without Nigeria politics, your businesses has crumbled...don't worry one day na one day! Keep referring it to the impossible national assembly

Insecurity:



https://dailytrust.com/as-30-states-propose-n8trn-only-lagos-rivers-anambra-can-fund-budget-with-ease

kenbee:
Gov Peter Obi's legacy still lives on years after his tenure as Anambra State governor.

Newton85:
I know meth people will believe this and not accuse Lagos-Ibadan media of discriminating against them with data. But if it was about VAT and IGR now, you'll see them crying like toy-deprived spoilt brats in protest.

Maxymilliano:
If there is true federalism, every State in the Niger Delta should be able to meet up with the required fundings.

JaroMan:

I read engineering but worked in bank. Why I like accounting and money is that no matter how you manufacture figures, the money at hand must always expose you.

chigator2:
Anambra I hail oo

This state has always been a model for fiscal governance.
I imagine what the future holds when the wealth from recently discovered Oil & Gas deposits is efficiently maximized.
The current and future Governments have big shoes to fill.

kenbee:
Gov Peter Obi's legacy still lives on years after his tenure as Anambra State governor.

frankmoney:
What exactly is okowa doing in Delta that he can't fund delta budget ? Or even Bayelsa with small LGA

iyke2frankeze:

There is no relationship between VAT and IGR. IGR is fund realised by the various states which is owned by them while VAT is a federal tax paid for goods and services but collected within the territory of a state. South-east is doing very well in IGR but need to attract much investment to increase her VAT.

Insecurity:



https://dailytrust.com/as-30-states-propose-n8trn-only-lagos-rivers-anambra-can-fund-budget-with-ease

JaroMan:

Two factors that majorly influence tax are population and industrialization.
If state A has more VAT return to FG than state B, it simply implies that state A is either more industrialized than state B or more populated or both.
Now if the state is more industrialized, then it will have more IGR.
This is my basic understanding. I maybe wrong.
Because, Lagos and Rivers have always maintained high IGR and high VAT(industries and population). Same with Ogun(industries), Kano(population), Kaduna and Oyo states.
But the question now is: why can't they fund their budgets?

kettykings:


Anambra is the most underrated State in Nigeria sometimes I feel there is a deliberate effort to under budget in some key eastern states so as to remove the prying eyes of useless, good for nothing government agencies like EFCC etc who are busy witch hunting oppositions

JaroMan:

I read engineering but worked in bank. Why I like accounting and money is that no matter how you manufacture figures, the money at hand must always expose you.

JaroMan:

Two factors that majorly influence tax are population and industrialization.
If state A has more VAT return to FG than state B, it simply implies that state A is either more industrialized than state B or more populated or both.
Now if the state is more industrialized, then it will have more IGR.
This is my basic understanding. I maybe wrong.
Because, Lagos and Rivers have always maintained high IGR and high VAT(industries and population). Same with Ogun(industries), Kano(population), Kaduna and Oyo states.
But the question now is: why can't they fund their budgets?

htdot:

But delta and ogun generated more IGR than anambra in 2020 and yet they cant fund their budget... budgit should drop the figure let's see for ourselves.

clothingonline:
[s]Akwa ibom and Ogun state failed

Akwa ibom collect the highest allocation in Nigeria
While Ogun most industrialize state
Ogun better invest more in industrial estates with good roads and energy [/s]



Affordable men clothing payment on delivery

Kinematics:


Akwa Ibom does not collect the highest allocation that title belongs to Delta.
Ogun is not the most industrialised state, that title belongs to Lagos...

Guyman02:
So no single Yoruba state can fund their proposed budget, next thing Kazeem my Yoruba Muslim friend from Iragbiji will claim that Lagos which is the nation's commercial capital with Federal presence is their own state

clothingonline:


5 trillion (excluding the FCT's allocation in 2020) was shared among the states as federal allocation, according to the NBS, with the oil-rich Akwa Ibom, Delta, Rivers, Bayelsa and Nigeria's economic

Even if things change Akwa ibom will be number 2 so they should easily fund budget