The National Bureau of Statistics (NBS) on Tuesday said the country generated N2.28 trillion as Value Added Tax (VAT) in the third quarter of 2025.
The bureau disclosed this in its “Sectoral Distribution of Value Added Tax” report for Q3 2025, released Tuesday.
According to the statistics office, the figure represents an increase of 10.66 per cent on a quarter-on-quarter basis from N2.06 trillion in Q2 2025.
Out of the total amount generated, it said local payments stood at N1.12 trillion, foreign VAT payments were N680.23 billion, while import VAT contributed N479.79 billion in Q3 2025.
On a quarter-on-quarter basis, the NBS said, administrative and support service activities recorded the highest growth rate with 89.28 per cent; followed by arts, entertainment and recreation with 82.49 per cent; and human health and social work activities with 32.40 per cent.
“On the other hand, real estate activities had the lowest growth rate with –51.33 per cent, followed by activities of households as employers, undifferentiated goods and services producing activities of households for own use with –36.22 per cent; and Other service activities with –20.30 per cent,” it said.
READ ALSO: Average retail price of petrol in Nigeria down 11% in December – NBS
In terms of sectoral contributions, the report said the top three activities with the largest shares in Q3 2025 were manufacturing with 25.89 per cent; information and communication with 18.77 per cent; and mining and quarrying with 14.85 per cent.
Conversely, the bureau said activities of households as employers, undifferentiated goods and services producing activities of households for own use recorded the lowest share with 0.003 per cent, followed by activities of extraterritorial organisations and bodies, and water supply, sewerage,
waste management with 0.03 per cent each.
However, the NBS said on a year-on-year basis, VAT collections in Q3 2025 increased by 28.10 per cent from Q3 2024.
Value Added Tax (VAT) is a consumption tax managed by the Nigeria Revenue Service (NRS), previously known as the Federal Inland Revenue Service (FIRS). Introduced in 1993 via VAT Act No. 102, it replaced Sales Tax, which had been operational since 1986. Initially set at 5 per cent, VAT was bumped to 7.5 per cent in January 2020 after the late President Muhammadu Buhari signed the Finance Act 2020 into law.
