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Nigerians Paid N40.14 Billion in Road Taxes to State Governments in 2023

Nigerians Paid N40.14 Billion in Road Taxes to State Governments in 2023

Nnaemeka OkwarabyNnaemeka Okwara
1 year ago
in Government
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The National Bureau of Statistics has published its report on Internally Generated Revenue for 2023, revealing that Nigerians paid N40.14 billion in road taxes to state governments. This amount is a 63.36% rise compared to 2022.

Lagos State collected the most, with N16.74 billion, while Ebonyi State had an extraordinary 3,804.32% increase. Other states, including Rivers, Sokoto, and Yobe, also saw significant growth.

On the other hand, Enugu, Katsina, Niger, and Cross River states saw decreases in their road tax collections. The Federal Capital Territory did not collect any road tax revenue.

Overall, the total internally generated revenue for Nigerian states in 2023 was N2.43 trillion, which is a 26% increase from 2022. A presidential committee has suggested removing taxes on essential items like food, public transportation, and housing.

Tags: federal charactergovernmentNewsNigeriaNigerians Paid N40.14 Billion in Road Taxes to State Governments in 2023RoadTaxes
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Nnaemeka Okwara

Nnaemeka Okwara

Okwara Nnaemeka Emmanuel is a skilled wordsmith, passionate blogger, and content writer with a degree in Media Content, He has made a significant mark in the industry. He also holds certification in Marketing and advertising. He has honed a unique blend of creativity and strategic thinking. Driven by a belief in the power of creativity, He has established a niche for himself in diverse regions, leaving a trail of successful projects and satisfied clients. His ability to craft compelling narratives and engage audiences sets him apart in the competitive world of content creation. As a dedicated professional, He continues to push boundaries and set new landmarks in their field. Whether it's through captivating blog posts, persuasive copywriting, or innovative content strategies, Nnaemeka’s consistently delivers excellence, leaving a long lasting impact

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