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Nigeria's VAT revenue rose 28% year-on-year in Q3 2025, driven by tax reforms targeting the informal sector.
Nigeria’s VAT revenue reached ₦2.28 trillion in Q3 2025, a 10.66% quarterly increase and 28.1% rise from the same period in 2024, according to the NBS.
Manufacturing led sectoral contributions, followed by information and communication, mining, and public administration.
The federal government launched a new presumptive tax framework, banning cash payments and roadblock enforcement, to formalize the informal sector—exempting small businesses with turnover under ₦12 million—while promoting digital tax collection.
The reforms, aimed at expanding the tax base without raising rates, are part of broader 2025–2026 tax changes supported by Finance Minister Wale Edun and the National Tax Policy Implementation Committee.
Los ingresos por IVA de Nigeria aumentaron un 28% interanual en el tercer trimestre de 2025, impulsados por las reformas fiscales dirigidas al sector informal.