NBS Reports ₦6.72 Trillion VAT Haul as Tax Reforms Pay Off
[Nigeria Communications Week - Nigeria] - 12/08/2025
Nigeria’s Value Added Tax (VAT) revenue surged to ₦6.72 trillion in 2024, marking an 84.6% increase from ₦3.64 trillion in 2023, according to the National Bureau of Statistics (NBS). This sharp rise reflects stronger economic activity and improved tax collection efforts across key sectors. VAT (…)
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