Nigeria’s value-added tax (VAT) collection has maintained a steady rise since the inception of the current administration, recording a seventh consecutive rise since the second quarter of 2025.
The National Bureau of Statistics (NBS) in its Q2 2015 VAT collection report, noted that the revenue rose by 32.15 per cent from N1.56 trillion in the second quarter of 2024 to N2.06 trillion in the second quarter of 2025.
It noted that local payment made the highest contribution with N1.09 trillion foreign VAT payments, which were N459.95 billion, while import VAT contributed N508.55 billion during the period.
NBS reported that on a quarter-on-quarter basis, real estate activities recorded the highest growth rate with 155.21 per cent, followed by Agriculture, forestry and fishing with 23.64 per cent, and Information and communication with 17.75 per cent.
The report, however, shows that human health and social work activities had the lowest growth rate with –68.34 per cent, followed by electricity, gas, steam and air conditioning supply with –45.2 per cent and water supply, sewerage, waste management and remediation activities with –29.36 per cent.
