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Thursday, February 21 2019 05:40 AM / NBS
Sectoral distribution of Value Added Tax (VAT) data Q4 2018 reflected that the sum of N298.01bn was generated as VAT in Q4 2018 as against N273.50bn generated in Q3 2018 and N266.73bn in Q2 2018 representing 8.96% Increase Quarter-on-Quarter and 17.28% Year-on-Year.
Other manufacturing generated the highest amount of VAT with N28.82bn generated and closely followed by Professional Services and Commercial and Trading both generating N24.12bn and N16.02bn respectively while Mining generated the least and closely followed by Pharmaceutical, Soaps & Toiletries and Chemical, Paints and Allied Industries with N35.75 mln, N209.33 mln and N258.39 mln generated respectively.
Out of the total amount generated in Q4 2018,
N138.42bn was generated as Non-Import VAT locally while N47.89bn was generated
as Non-Import VAT for foreign. The balance of N111.71bn was generated as
NCS-Import VAT.
Click
Here to Download Q4 2018 VAT PDF Report
Latest 2019 NBS Reports
Q1 2019
1.
Total
Value of Credit Allocated By Banks Stood At N15.13trn As At Q4 2018 - NBS
2.
Average Price of
1kg of Tomato Decreased By 2.39% YoY To N265.49 in January 2019 - NBS
3.
FAAC
Disburses N649.19bn in January 2019
4.
Average
Intercity Bus Fare Decreased By -13.90% MoM To N1,541.38 in January 2019
5.
Headline
Inflation Increases By 11.37% YoY in January 2019; 0.07% Lower Than December
2018 Rate
6.
Average
Prices of PMS, AGO, HHK and Cooking Gas – January 2019
7.
Total
Value of Capital Importation into Nigeria Stood at $16,812.47m in 2018 – NBS
8.
Nigeria’s
GDP Grew By 2.38% YoY in Real Terms in Q4 2018 and 1.93% in Full Year
9.
828,502
Employees Employed By 1,110 Registered Private Guard Companies in 2018 - NBS
10. States
Generate N264.38bn as IGR in Q3 2018 - NBS
11.
NBS
Publishes Drug Use in Nigeria 2018 Survey Report
12. FAAC
Disburses N3.19trn To FG in 2018 - NBS
13. FAAC
Disburses N2.38trn To FG in 2017 - NBS
14. FAAC
Disburses N812.76bn in December 2018 - NBS
15.
Average
Price of 1kg of Tomato Decreased By -7.76% MoM To N294.36
16. Average
Within City Bus Journey Fare Decreased By -5.64% MoM To N181.61
17.
Headline
Inflation Increases By 11.44% YoY in December 2018; 0.16% Higher Than November
2018 Rate