Nigeria's VAT Collection Reaches N2.06 Trillion in Q2 2025, Real Estate Sector Surges
The National Bureau of Statistics (NBS) reported that Nigeria's Value Added Tax (VAT) collection in Q2 2025 amounted to N2.06 trillion, a marginal decrease from Q1 2025. The breakdown revealed local payments contributing N1.09 trillion, while foreign payments added N459.95 billion.
The year-on-year increase of 32.15% highlighted sectoral growth disparities, with real estate surging by 155.21%. The manufacturing sector led in total VAT collection at 27.19%.
The report indicated a robust revenue stream, reflecting economic growth across multiple sectors, especially in manufacturing and mining.
Plus234Feed summary based on reporting from The Will. Read the original report below.
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