By Nchetachi Chukwuajah
The National Bureau of Statistics (NBS) says Nigeria’s Value Added Tax (VAT) revenue increased to N2.28 trillion in the third quarter (Q3) of 2025.
The figure represents a 10.66 per cent increase from the N2.06 trillion recorded in the second quarter (Q2) of 2025.
This was contained in the sectoral distribution of VAT Q3 2025 report published on the NBS website on Tuesday, March 3.
The report shows that VAT collections in Q3 2025 increased by 28.10 per cent year-on-year compared with Q3 2024.
The breakdown shows local VAT payments dominating at N1.12 trillion, foreign VAT payments contributing N680.23 billion, and import VAT adding N479.79 billion.
“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.
“Local payments stood at N1.12 trillion, foreign VAT payments were N680.23 billion, while import VAT contributed N479.79 billion in Q3 2025,” the report said.
The NBS report noted that on a quarter-on-quarter basis, administrative and support service activities recorded the highest growth rate at 89.28 per cent.
Arts, entertainment and recreation followed this 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 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.
In terms of sectoral contributions, the report noted that the top three activities with the largest shares in Q3 2025 were manufacturing with 25.89 percent, information and communication with 18.77 per cent, and mining and quarrying with 14.85 per cent.
“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 added.
