According to the National Bureau of Statistics (NBS), Nigerians would pay almost 63% more in road taxes to state governments in 2023, illustrating the growing importance of road taxes in state finances.
The research, however, revealed that the Federal Capital Territory did not collect any road tax money in 2023.
According to the NBS’s recently published Internally Generated Revenue report, road taxes paid by Nigerians will rise to N40.14 billion in 2023.
The amount collected increased by 63.36 percent from N24.57 billion collected in 2022.
A breakdown of the taxes received revealed that Lagos State had the highest road tax revenue for 2023, at N16.74 billion. Despite collecting no road tax income in 2022, the state generated 41.7% of total road tax revenue in 2023.
Ebonyi State experienced a stunning 3,804.32 percent rise, from N72.95 million in 2022 to N2.85 billion in 2023.
Several other states had huge increases, like Rivers State, which increased by 270.66 percent to N830.01 million from N223.93 million in 2022.
Sokoto State’s collections increased by 41.22 percent to N194.66 million, while Yobe State experienced a 30.4% increase to N81.88 million.
However, some states saw sharp declines. Enugu State saw a 95.12% decrease, from N1.1 billion to N53.47 million, while Katsina State had a 79.34% decrease, from N141.81 million to N29.3 million.
Niger State, on the other hand, saw a considerable drop in revenue, falling 53.41 percent to N190.49 million from N408.83 million, while Cross River fell 62.54 percent from N3.26 billion to N1.22 billion.
