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Every North-East state received at least 2× what they contributed (₦46.68 billion in total), a 211.6% increase

The North-East remitted only ₦14.98 billion but received ₦46.68 billion, showing a 211.6% gain due to sharing.
Taraba, the lowest contributor (₦0.94 billion), saw the highest percentage gain (635%) with an allocation of ₦6.91 billion, reinforcing that smaller economies benefit the most from VAT sharing.
Bauchi, despite remitting just ₦2.44 billion, received the highest allocation (₦8.93 billion), a 266% increase, illustrating how VAT is shared based on equality and population, not economic activity.
Every state in the region received at least 2× what they remitted, highlighting the North East’s reliance on VAT sharing and fuelling the fiscal federalism debate on whether VAT should be retained at the state level.

As of December 2024, Taraba State (₦20,290.8) recorded the highest average price for 12.5kg cooking gas

Key Takeaways:

The average price for 12.5kg cooking gas varies between ₦15,000 and ₦20,300
The average price difference of cooking gas among Nigerian states is 28.97%
Four out of the six states in the Southwest region are among the top 20 Nigerian states with the highest average cooking gas prices
Nine out of Nigeria's 36 states plus Abuja have an average price for 12.5kg cooking gas that exceeds ₦18,000
Taraba State stands out as the only state in Nigeria with an average cooking gas price surpassing ₦20,000
The national average price of 12.5kg cooking gas in Nigeria is ₦17,274.16

Abuja recorded the highest average price of kerosene in Nigeria as of December 2024

Key takeaways:

In December 2024, the top five states with the highest average kerosene prices were: Abuja (₦2,950.0), Akwa Ibom (₦2,538.3), Kaduna (₦2,510.6), Cross River (₦2,430.7), and Sokoto (₦2,400.1).
Abuja recorded the highest average price of kerosene in December 2024, while Borno state recorded the lowest price.
The price of kerosene per litre ranged from ₦1,520.4 to ₦2,950 across Nigerian states in December 2024.
The percentage difference in the price of kerosene across Nigeria states in December 2024 is approximately 63.9%.

Ebonyi & Lagos: Nigeria’s leaders in revenue growth and collection in 2023

Lagos led Nigerian states with ₦815.9 billion in Internally Generated Revenue for 2023, followed by the FCT with ₦211.1 billion. Despite only a 25% growth, Lagos’ IGR confirms its economic dominance. The FCT, meanwhile, recorded an impressive 70% increase. Ebonyi, though with lower revenue, achieved an astonishing 148% growth. Taraba generated the least revenue, increasing by 6%.

Lagos, Rivers, and the FCT collected over half of Nigeria's PAYE in 2022

In 2022, employees in Lagos, Rivers, and the FCT contributed ₦558.7 billion in PAYE tax, representing over half of the nation's total. Lagos State alone accounted for ₦360.9 billion. These figures underscore the tax contributions from Nigeria's key economic regions.

Nigeria: Federation Account Allocation and Internally Generated Revenue by North-Eastern States in 2020

The average IGR by the North-Eastern states was ₦9.5 billion. The region generated the least revenue, with Yobe recording the nation’s least IGR. Here is a breakdown of the Federation Account Allocation and Internally Generated Revenue by North-Eastern states in 2020.