What Nigeria’s New Tax Formula Means for State Governments

Nigeria’s new tax-sharing formula has handed state governments a major revenue boost. States received ₦2.37 trillion from Value Added Tax collections in the first half of 2026. The amount rose by ₦451.25 billion from the ₦1.92 trillion they received during the same period in 2025. This represents a 23.48 per cent increase and gives state …
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