Nigeria's Q3 2025 VAT Collection Hits N2.28 Trillion

According to the latest report from the National Bureau of Statistics (NBS), Nigeria's Value Added Tax (VAT) collection rose to N2.28 trillion in the third quarter of 2025, representing a 10.66% increase from N2.06 trillion in the second quarter of 2025. This growth reflects sustained economic activity across major sectors, with significant contributions from both local and foreign import transactions.

The report indicates that the VAT collection demonstrates a strong annual growth, suggesting improved compliance levels and a stronger output from taxable transactions across the economy. The manufacturing sector maintained its position as the largest contributor to VAT revenue in Q3 2025.

The report also highlighted a notable variance in sector growth rates on a quarter-to-quarter basis, indicating mixed trends despite the overall increase in VAT receipts. The breakdown of VAT sources showed that the federal government received N1.16 trillion, states received N3.77 trillion, and local governments received N0.71 trillion.