Nigeria Recorded ₦2.28trn VAT In Q3 2025 – NBS

FILES: Naira notes     Advertisement googletag.cmd.push(function() { googletag.display("div-gpt-ad-1672569656851-0"); }); Nigeria’s aggregate Value Added Tax (VAT) stood at ₦2.06 trillion in Q2 2025, the National Bureau of Statistics (NBS) said on Tuesday. In its latest report, the agency said the revenue surge marked a 10.66% increase from ₦2.06 trillion in the previous quarter. A breakdown of the report shows local VAT payments dominating at ₦1.12 trillion, foreign VAT payments contributing ₦680.23 billion, and import VAT adding ₦479.79 billion. The report shows that, on a year-on-year basis, VAT collections in Q3 2025 increased by 28.10% from Q3 2024. Advertisement googletag.cmd.push(function() { googletag.display("div-gpt-ad-1672569913499-0"); }); “Value Added Tax (VAT) in Q3 2025 was ₦2.28 trillion, showing an increase of 10.66% on a quarter-on-quarter basis from ₦2.06 trillion in Q2 2025. “Local payments stood at ₦1.12 trillion, foreign VAT payments were ₦680.23 billion, while import VAT contributed N479.79 billion in Q3 2025,” the NBS said. READ ALSO: FG’s VAT Revenue Remains Stable At ₦2.06trn In Q2 Value Added Tax (VAT) in Q3 2025 was N2.28 trillion, showing an increase of 10.66% on a quarter-on-quarter basis from N2.06 trillion in Q2 2025. Advertisement googletag.cmd.push(function() { googletag.display("div-gpt-ad-1672587799169-0"); }); Local payments stood at N1.12 trillion, Foreign VAT Payments were N680.23 billion, while import VAT contributed N479.79 billion in Q3… pic.twitter.com/BydU7oRdKA — NBS Nigeria (@NBS_Nigeria) March 3, 2026   Advertisement googletag.cmd.push(function() { googletag.display("div-gpt-ad-1672587060870-0"); }); On a quarter-on-quarter basis, NBS said administrative and support service activities recorded the highest growth rate at 89.28%, followed by arts, entertainment and recreation with 82.49%, and human health and social work activities with 32.40%. “On the other hand, real estate activities had the lowest growth rate at –51.33%, followed by activities of households as employers, undifferentiated goods- and services-producing activities of households for own use with –36.22%, and other service activities with –20.30%,” the report added. In terms of sectoral contributions, “the top three activities with the largest shares in Q3 2025 were manufacturing with 25.89%, information and communication with 18.77%, and mining and quarrying with 14.85%. “Conversely, activities of households as employers, undifferentiated goods- and services-producing activities of households for own use recorded the lowest share with 0.003%, followed by activities of extraterritorial organisations and bodies, and water supply, sewerage, waste management with 0.03% each.”     Join Our Whatsapp Channel To join: Simply click on the link below & turn on notifications to get the latest updates Subscribe to Our Newsletter In This Article: NBS VAT More Stories Nigeria’s Inflation Cools, Food Prices Finally Ease Nigeria’s Inflation Eases To 15.15% In December 2025 — NBS NBS To Release Two December Inflation Figures Amid CPI Spike Concerns /* * * CONFIGURATION VARIABLES: EDIT BEFORE PASTING INTO YOUR WEBPAGE * * / var disqus_shortname = 'channelstelevision'; // Required - Replace example with your forum shortname / * * DON'T EDIT BELOW THIS LINE * * */ (function() { var dsq = document.createElement('script'); dsq.type = 'text/javascript'; dsq.async = true; dsq.src = '//' + disqus_shortname + '.disqus.com/embed.js'; (document.getElementsByTagName('head')[0] || document.getElementsByTagName('body')[0]).appendChild(dsq); })(); Please enable JavaScript to view the comments powered by Disqus.

SOURCE: https://www.channelstv.com/2026/03/03/nigeria-recorded-%e2%82%a62-28trn-vat-in-q3-2025-nbs/