Nigeria’s VAT Revenue Rises 32% to N2.06tn in Q2 2025

Nigeria’s VAT Revenue rises 32% to N2.06tn in Q2 2025

Nigeria’s value-added tax (VAT) revenue collections rose to N2.06 trillion in the second quarter of 2025, according to a new report released on Tuesday by

Nigeria Recorded N2.06trn VAT In Q2 2025 - NBS

The National Bureau of Statistics (NBS) said the aggregate Value Added Tax (VAT) stood at N2.06 trillion in Q2 2025. This is according to the VAT Q2 2025 Report released in Abuja on Tuesday. The report showed a decrease of 0.03 per cent on a quarter-on-quarter basis from N2.06 trillion recorded in Q1 2025. The report also showed that local payments recorded were N1.09 trillion, while foreign VAT payments contributed N459.95 billion, and import V…

Nigeria VAT revenue rises 32% to N2.06tn

Nigeria’s value-added tax revenue collections have seen a significant increase, reaching N2.06 trillion in the second quarter of 2025. According to a recent…

Nigeria’s VAT Revenue rises 32% to N2.06tn in Q2 2025

Nigeria’s value-added tax (VAT) revenue collections rose to N2.06 trillion in the second quarter of 2025, according to a new report released on Tuesday by the N... #business, #vat, #nbs, #flyingeze

VAT Surges to ₦2.06 Trillion in Q2 as Nigeria’s Tax Base Expands – NBS

Nigeria’s Value Added Tax (VAT) engine continues to power ahead, with the National Bureau of Statistics (NBS) reporting ₦2.06 trillion in VAT collections for Q2 2025.Despite a marginal 0.03% quarter-on-quarter dip, the numbers signal a resilient consumption-driven tax system navigating inflationary pressures, shifting household spending patterns and post-subsidy economic rebalancing. For a nation battling fiscal …

Nigeria records 0.03 % drops in VAT to N2.06trn in Q2 2025 –  NBS

WorldStage– The National Bureau of Statistics (NBS) said the aggregate Value Added Tax (VAT) stood at N2.06 trillion in Q2 2025, a decrease of 0.03  per cent on a quarter-on-quarter basis from N2.06  trillion recorded in Q1 2025. The VAT Q2 2025  Report released  on Tuesday showed that local payments recorded were N1.09 trillion while foreign VAT payments contributed N459.95  billion, while import VAT contributed N508.55 billion in Q2 2025. On a…