Lagos State Generates More Revenue In VAT With N421.2Bn

Data collected from the Federal Inland Revenue Service (FIRS) has shown that Lagos State generated more revenue in value-added tax (VAT) in the first eight months of 2021 than other states of the Federation. Lagos State’s figure accounted for 41.5 percent of total VAT generated from January- August 2021, which totaled N421.2 billion. Trailing Lagos … Continue reading Lagos State Generates More Revenue In VAT With N421.2Bn