Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Yahaya Bello: Court Adjourns to Rule on Admissibility of Deed of Assignment, Irrevocable Power of Attorney

    March 3, 2026

    Nigeria Recorded ₦2.28 Trillion VAT in Q3 2025 – NBS

    March 3, 2026

    Anambra Court Jails Orient Petroleum MD, One Other 14 Years for ₦25 Billion Fraud

    March 3, 2026
    Facebook X (Twitter) Instagram
    • Disclaimer
    • Terms of Use
    • Privacy Policy
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Naijafacts.com
    SUBSCRIBE
    Naijafacts.com
    Home»Economy»Nigeria Recorded ₦2.28 Trillion VAT in Q3 2025 – NBS
    Economy

    Nigeria Recorded ₦2.28 Trillion VAT in Q3 2025 – NBS

    Staff EditorBy Staff EditorMarch 3, 2026No Comments2 Mins Read
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
    Share
    Facebook Twitter LinkedIn Pinterest Email Copy Link

    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.

    NBS
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Staff Editor
    • Website

    Related Posts

    Naira Closes in the Red at ₦1,341.35/$

    February 20, 2026

    Inflation slows to 21.88% in July even as food prices climb

    August 15, 2025

    Nigeria approves plan to refinance ₦4tn power-sector debt

    August 14, 2025
    Leave A Reply Cancel Reply

    Demo
    Top Posts

    Local firms spearhead next growth phase in Nigeria’s oil sector

    June 3, 2025

    Shell to acquire TotalEnergies’ 12.5% stake in Bonga for $510m

    May 29, 2025

    Refinery extends U.S. WTI crude buying spree into July

    May 30, 2025

    JAMB sets 2025/26 university cut‑off at 150, bars under‑16

    July 9, 2025
    Don't Miss

    Yahaya Bello: Court Adjourns to Rule on Admissibility of Deed of Assignment, Irrevocable Power of Attorney

    By Staff EditorMarch 3, 2026

    Justice Emeka Nwite of the Federal High Court, Maitama, Abuja, on Tuesday, March 9, 2026,…

    Nigeria Recorded ₦2.28 Trillion VAT in Q3 2025 – NBS

    March 3, 2026

    Anambra Court Jails Orient Petroleum MD, One Other 14 Years for ₦25 Billion Fraud

    March 3, 2026

    JAMB Opens 2026 Direct Entry Registration, Sets April 25 Deadline

    March 2, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Demo
    About Us

    NaijaFacts – Your daily pulse on entertainment, celebrity gossip, music, film, and pop culture. We bring you trending stories, exclusive highlights, and the latest buzz from Hollywood to Nollywood and everywhere in between. Stay tuned, stay entertained.

    Facebook X (Twitter) Pinterest YouTube WhatsApp
    Our Picks

    Yahaya Bello: Court Adjourns to Rule on Admissibility of Deed of Assignment, Irrevocable Power of Attorney

    March 3, 2026

    Nigeria Recorded ₦2.28 Trillion VAT in Q3 2025 – NBS

    March 3, 2026

    Anambra Court Jails Orient Petroleum MD, One Other 14 Years for ₦25 Billion Fraud

    March 3, 2026
    Most Popular

    Local firms spearhead next growth phase in Nigeria’s oil sector

    June 3, 2025

    Shell to acquire TotalEnergies’ 12.5% stake in Bonga for $510m

    May 29, 2025

    Refinery extends U.S. WTI crude buying spree into July

    May 30, 2025
    © 2026 Naijafacts.com

    Type above and press Enter to search. Press Esc to cancel.