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flag Nigeria's tax revenue surpasses oil receipts, becoming the country's main income source in 2024.

flag Nigeria's tax collection agency, the Federal Inland Revenue Service (FIRS), has become the country's main revenue source, surpassing oil receipts. flag In 2024, FIRS contributed nearly 70% of the total revenues shared among government levels, marking a significant shift from the historical reliance on oil. flag This change positions tax revenue as Nigeria's new "crude oil," enhancing fiscal stability and planning capabilities.

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