Nigeria targets a 65.8% increase in VAT collection to N2.5 trillion in 2025, involving 21 states.

Nigeria's federal government and 21 states aim to collect N2.5 trillion in Value Added Tax (VAT) in 2025, a 65.8% increase from the N1.527 trillion projected for 2024. The federal share is expected to rise from N512.8 billion to N972 billion. The states include Kebbi, Kaduna, Ekiti, and others, with each anticipating higher VAT revenues for 2025.

2 months ago
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