Economy

Adamawa Comes 6th in 19 Northern States in VAT Contributions; Lagos Leads with N1.48 Trillion Share in Q1 2025

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Adamawa Comes 6th in 19 Northern States in VAT Contributions; Lagos Leads with N1.48 Trillion Share in Q1 2025

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Gov Ahmadu Umaru Fintiri

By Emmanuel Kwada

Adamawa State has solidified its position as a rising economic force in Northern Nigeria, ranking 6th among the 19 northern states and 15th nationwide in Value Added Tax (VAT) contributions for the first quarter of 2025, according to data from TheCable Index. 

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Credit:The Cable Index
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Generating N9.12 billion, Adamawa outperformed states like Kaduna and Borno, showcasing the impact of Governor Ahmadu Umaru Fintiri’s efforts to revitalize the state’s economy despite persistent insecurity and limited industrial development.

As the Federation Account Allocation Committee (FAAC) reports reveal stark disparities in VAT generation and allocations, Adamawa’s performance highlights both its potential and the broader challenges of fiscal equity in Nigeria.

Lagos State led the nation, contributing an unprecedented N819.62 billion to the VAT pool, surpassing the combined N660.40 billion from the other 35 states.

Adamawa’s N9.12 billion placed it behind Kano (N22.97 billion), Kwara (N14.43 billion), Benue (N12.36 billion), Jigawa (N11.22 billion), and Sokoto (N10.88 billion), but ahead of Kaduna (N8.12 billion) and Borno (N7.87 billion)

Rivers and Oyo followed with N278.23 billion and N79.78 billion, respectively, reinforcing the South’s economic dominance. In the North, Adamawa’s N9.12 billion placed it behind Kano (N22.97 billion), Kwara (N14.43 billion), Benue (N12.36 billion), Jigawa (N11.22 billion), and Sokoto (N10.88 billion), but ahead of Kaduna (N8.12 billion) and Borno (N7.87 billion).

The Q1 2025 VAT contributions across Nigeria’s 36 states and the Federal Capital Territory are as follows:

  1. Lagos: N819.62bn
  2. Rivers: N278.23bn
  3. Oyo: N79.78bn
  4. Bayelsa: N27.26bn
  5. Kano: N22.97bn
  6. Edo: N20.73bn
  7. Delta: N20.04bn
  8. Akwa-Ibom: N16.08bn
  9. Kwara: N14.43bn
  10. Benue: N12.36bn
  11. Jigawa: N11.22bn
  12. Sokoto: N10.88bn
  13. Anambra: N10.73bn
  14. Ekiti: N10.17bn
  15. Adamawa: N9.12bn
  16. Kaduna: N8.12bn
  17. Borno: N7.87bn
  18. Ebonyi: N7.43bn
  19. Kogi: N7.33bn
  20. Ogun: N7.20bn
  21. Ondo: N7.14bn
  22. Nasarawa: N7.05bn
  23. Bauchi: N6.30bn
  24. Niger: N5.97bn
  25. Katsina: N5.96bn
  26. Osun: N5.95bn
  27. Yobe: N5.81bn
  28. Plateau: N5.55bn
  29. Kebbi: N5.13bn
  30. Enugu: N4.96bn
  31. Gombe: N4.61bn
  32. Zamfara: N3.77bn
  33. Abia: N2.92bn
  34. Cross River: N2.65bn
  35. Imo: N2.34bn
  36. Taraba: N2.33bn

Adamawa’s N9.12 billion contribution is a testament to Governor Fintiri’s economic revitalization efforts, particularly in agriculture and small-scale industries. Despite challenges like Boko Haram insurgency and underdevelopment in the North-East, the state has shown remarkable resilience.

Adamawa’s 6th-place ranking among northern states in Q1 2025 VAT contributions highlights its growing economic significance, driven by Governor Fintiri’s revitalization efforts

In 2024, Adamawa contributed N42.01 billion to the national VAT pool, ranking 10th overall and second among northern states, trailing only Kano’s N77.7 billion. This consistent performance underscores Adamawa’s potential as an economic hub in the region.

However, like most northern states, Adamawa relies heavily on FAAC allocations, receiving N70.41 billion in 2024—a 167.6% return on its VAT contribution.

Adamawa’s 6th-place ranking among northern states in Q1 2025 VAT contributions highlights its growing economic significance, driven by Governor Fintiri’s revitalization efforts.

Read Also: Modern Abattoir to Slaughter 1,000 Cows Daily can power Community with Biogas, Livestock Minister says

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