Nigeria’s VAT revenue rises by 10.66% in Q3 2025
Nigeria’s Value Added Tax revenue reached N2.28 trillion in the third quarter of 2025, according to the National Bureau of Statistics. This marks a 10.66% increase compared to the previous quarter. The NBS report also highlights a 28.10% year-on-year rise from Q3 2024. Local VAT payments made up the largest portion, with significant contributions from foreign and import VAT as well.
TLDR
- VAT revenue in Q3 2025 was N2.28 trillion, up 10.66% from N2.06 trillion in Q2 2025.
- Year-on-year, VAT collections rose by 28.10% from Q3 2024.
- Local VAT payments were N1.12 trillion, foreign VAT payments N680.23 billion, and import VAT N479.79 billion in Q3 2025.
- Administrative and support service activities had the highest growth rate at 89.28% in Q3 2025.
- The manufacturing sector contributed the largest share at 25.89%, followed by information and communication (18.77%) and mining and quarrying (14.85%) in Q3 2025.
