The Nigeria Revenue Service announced that it collected a total of ₦28.3 trillion in revenue by December 2025.
Mrs. Amina Kurawa, Executive Director overseeing Government and Large Taxpayers, said the figure represents a rise of over 30 percent compared with the ₦25.5 trillion recorded in 2024.
She revealed this during a staff retreat organised by the service, noting that most of the revenue was generated by the non-oil sector.
Looking ahead, the agency has set a revenue target of ₦40.7 trillion for the 2026 fiscal year.
The service stated that the target will be driven by stronger contributions from non-oil revenue and improved collections from royalty-based income streams.
It also projected growth in non-oil tax receipts in 2026, identifying Company Income Tax, Value Added Tax, and the Development Levy as key contributors to increased government revenue.
At the same time, Zacch Adedeji, Chairman of the Nigeria Revenue Service, encouraged staff to improve their performance in the coming year, stressing that transparency and accountability are at the core of the agency’s work.
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