Nigeria Revenue Service Revenue Jumps to ₦3.6 Trillion

The Coalition for Fiscal Justice commended the Nigeria Revenue Service (NRS) for a significant increase in government revenue, which rose from ₦711 billion in May 2023 to ₦3.635 trillion by September 2025. This increase reflects a major shift in Nigeria's public finance system, driven by improvements in transparency, accountability, and the adoption of technology in revenue collection.

The statement, issued on Thursday, was led by Dr. Clara Nnaemeka and highlighted that total revenue collection climbed to ₦6.41 trillion in 2021 and is projected to reach ₦28.79 trillion by 2025. The Coalition praised NRS Executive Chairman Zacch Adedeji for his bold and disciplined approach to re-engineering the country’s revenue framework.

The group linked these gains to the fiscal reforms initiated by President Bola Ahmed Tinubu's administration, noting a rise in the number of taxpayers to 19 million, including 800,000 corporate entities. The Coalition urged the NRS to deepen engagement with taxpayers and strengthen enforcement against evasion while expanding the use of digital tools to block revenue leakage.