States receive N2.37tn in VAT as new tax sharing formula takes effect
State governments received N2.37 trillion from Value Added Tax (VAT) revenue in the first half of 2026, an increase of N451.25 billion or 23.48 per...
Tag : VAT
Manufacturing leads non-oil tax revenue with N404bn VAT, CIT contribution in Q1’26
Nigeria’s manufacturing sector reinforced its role as a major contributor to government revenue in the first quarter of 2026 (Q1’26), generating N329.59 billion in Value Added Tax...