Wednesday, October 28, 2026

Nigeria Recorded ₦2.28 Trillion VAT in Q3 2025 – NBS

Nigeria’s aggregate Value Added Tax (VAT) revenue stood at ₦2.28 trillion in Q3 2025, according to the National Bureau of Statistics (NBS).

In its latest report released on Tuesday, the agency stated that the figure represents a 10.66% quarter-on-quarter increase from ₦2.06 trillion recorded in Q2 2025.

A breakdown of the report shows that local VAT payments dominated with ₦1.12 trillion, foreign VAT payments contributed ₦680.23 billion, while import VAT accounted for ₦479.79 billion in Q3 2025.

The NBS stated: “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 ₦479.79 billion in Q3 2025.”

On a year-on-year basis, VAT collections in Q3 2025 increased by 28.10% compared to Q3 2024.

On a quarter-on-quarter basis, the NBS reported that administrative and support service activities recorded the highest growth rate at 89.28%, followed by arts, entertainment and recreation at 82.49%, and human health and social work activities at 32.40%.

Conversely, real estate activities recorded 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 at –36.22%, and other service activities at –20.30%.

In terms of sectoral contributions, the top three activities with the largest shares in Q3 2025 were:

  • Manufacturing – 25.89%

  • Information and communication – 18.77%

  • Mining and quarrying – 14.85%

On the other hand, activities of households as employers and undifferentiated goods- and services-producing activities of households for own use recorded the lowest share at 0.003%, followed by activities of extraterritorial organisations and bodies, and water supply, sewerage, and waste management at 0.03% each.

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