Nigeria’s VAT rises to ₦2.28tn in Q3 2025 — NBS

Nigeria’s Value Added Tax (VAT) collections rose to ₦2.28 trillion in the third quarter of 2025, representing a 10.66% increase from ₦2.06 trillion recorded in Q2 2025, according to the latest report by the National Bureau of Statistics (NBS).

The statistics agency disclosed this on Tuesday in its VAT report for the quarter.

According to the report, local VAT payments accounted for the largest share at ₦1.12 trillion, while foreign VAT payments contributed ₦680.23 billion and import VAT stood at ₦479.79 billion.

The NBS said VAT collections also recorded strong year-on-year growth, increasing by 28.10% compared with 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,” the agency said.

It added that 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 quarter-on-quarter basis, the NBS said 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%.

By contrast, real estate activities recorded the lowest growth rate at –51.33%, followed by activities of households as employers and undifferentiated goods- and services-producing activities for own use at –36.22%, and other service activities at –20.30%.

In terms of sectoral contributions, the report said manufacturing recorded the largest share of VAT at 25.89%, followed by information and communication at 18.77%, and mining and quarrying at 14.85%.

Conversely, activities of households as employers and undifferentiated goods- and services-producing activities for own use accounted for the lowest share at 0.003%, while activities of extraterritorial organisations and bodies, as well as water supply, sewerage and waste management, contributed 0.03% each.