N’East States Receive N124.22b VAT Proceeds

The six states in the North East geopolitical zone collectively generated N36.04 billion in Value Added Tax (VAT) and received N124.22 billion in VAT allocations in the first quarter of 2025, according to the latest figures released by Statisense. The data, which referenced the Federation Account Allocation Committee (FAAC), was published over the weekend on…