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VAT revenue rises 34% to N6.4 trn in 9 months

March 3, 2026 at 02:06 PM

Nigeria’s Value Added Tax (VAT) revenue has climbed 34% year-on-year to ₦6.4 trillion in the first nine months of 2025, according to the National Bureau of Statistics. Despite a slight dip in Q2, collections rebounded strongly in Q3, rising 10.66% quarter-on-quarter to ₦2.28 trillion. Manufacturing, Information & Communication, and Mining led...

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