The National Bureau of Statistics (NBS) has reported that value-added tax (VAT) collections reached N2.28 trillion in the third quarter (Q3) of 2025.
In its VAT Q3 2025 report released on Tuesday, the bureau said the figure represents a 10.66 percent increase from the N2.06 trillion generated in Q2 2025.
According to the NBS, local VAT payments contributed N1.12 trillion during the period, while foreign VAT payments accounted for N680.23 billion. Import VAT added N479.79 billion to the total.
The report highlighted that administrative and support service activities recorded the strongest quarter-on-quarter growth at 89.28 percent. This was followed by arts, entertainment and recreation at 82.49 percent, and human health and social work activities at 32.40 percent.
“On the other hand, Real estate activities had the lowest growth rate with –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 NBS said.
“In terms of sectoral contributions, 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%.”
The bureau further noted that household activities as employers, along with undifferentiated goods- and services-producing activities for personal use, recorded the smallest contribution at just 0.003 percent.
This was followed by activities of extraterritorial organisations and bodies, as well as water supply, sewerage and waste management, which each accounted for 0.03 percent.
On a year-on-year basis, VAT revenue rose by 28.10 percent compared to the N1.78 trillion recorded in Q3 2024, underscoring sustained growth in tax collections.
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