The Federal Government's rejection of the International Monetary Fund's (IMF) recommendation to impose new taxes on petroleum products and telecommunications services has brought welcome relief to millions.

In Three Months, Manufacturing Sector Remits N330bn in VAT   Nigeria’s manufacturing sector remitted a record N329.59bn in Value Added Tax in the first quarter of 2026, the highest quarterly VAT contribution by the sector in four years and the largest share recorded by any economic...

The Federation Account Allocation Committee (FAAC) shared ₦2.3 trillion among the Federal Government, states, and local governments

The House of Representatives Public Accounts Committee has recovered ₦521.77m in unremitted Value Added Tax (VAT) from the Central Bank of Nigeria (CBN), marking a breakthrough in its probe into revenue leakages linked to government collections via the Remita platform.

Cross River: A Case Study in Renewed Hopelessness, by Enobong Udoh A recent report on Value Added Tax (VAT) contributions to the Federation Account for February 2026 showed a painful revelation. Cross River was at the bottom among all States. For many, it just may...

Nigeria’s VAT Revenue Increases to N2.28trn in Q3 2025 Nigeria’s Value Added Tax (VAT) revenue rose to N2.28 trillion in the third quarter of 2025, marking a 10.66% increase from N2.06 trillion in the previous quarter, according to the National Bureau of Statistics (NBS). The figure...