Nigeria Recorded ₦2.28trn VAT In Q3 2025 – NBS

Nigeria Recorded ₦2.28trn VAT In Q3 2025 – NBS

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.

“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

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%.

Source: Channels TV  
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