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.
Value Added Tax (VAT) in Q3 2025 was N2.28 trillion, showing an increase of 10.66% on a quarter-on-quarter basis from N2.06 trillion in Q2 2025.
Local payments stood at N1.12 trillion, Foreign VAT Payments were N680.23 billion, while import VAT contributed N479.79 billion in Q3.
“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%.
“Conversely, activities of households as employers, undifferentiated goods- and services-producing activities of households for own use recorded the lowest share with 0.003%, followed by activities of extraterritorial organisations and bodies, and water supply, sewerage, waste management with 0.03% each.”
