Nigeria generated N2.28 trillion in Value Added Tax (VAT) revenue in the third quarter of 2025, reflecting a 10.66 per cent increase from the N2.06 trillion recorded in the previous quarter, according to new data from the National Bureau of Statistics.
The figures were published in the Sectorial Distribution of VAT Q3 2025 report released on Tuesday. On a year-on-year basis, VAT collections rose by 28.10 per cent compared to the third quarter of 2024.
According to the report, local VAT payments accounted for the largest portion at N1.12 trillion. Foreign VAT contributions stood at N680.23 billion, while import VAT added N479.79 billion to the total.
“Value Added Tax (VAT) in Q3 2025 was N2.28 trillion, showing an increase of 10.66% on a quarter-on-quarter basis from N2.06 trillion in Q2 2025.
“Value Added Tax (VAT) in Q3 2025 was N2.28 trillion, showing an increase of 10.66% on a quarter-on-quarter basis from N2.06 trillion in Q2 2025.
“On the other hand, real estate activities had 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 with –36.22%, and other service activities with –20.30%,” the report added.
Sectoral data showed that manufacturing remained the dominant contributor to VAT revenue during the quarter, accounting for 25.89 per cent of total collections. Information and communication followed with 18.77 per cent, while mining and quarrying contributed 14.85 per cent.
“the top three activities with the largest shares in Q3 2025 were manufacturing with 25.89%, information and communication with 18.77%, and mining and quarrying with 14.85%.
“Conversely, activities of households as employers, undifferentiated goods- and services-producing activities of households for own use recorded the lowest share with 0.003%, followed by activities of extraterritorial organisations and bodies, and water supply, sewerage, waste management with 0.03% each.”
The report highlights the continued importance of industrial production and telecommunications services in driving non-oil revenue growth, even as certain sectors recorded significant declines during the period.
