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...

Bank Services VAT is Not New - FG The Federal Government said on Thursday that value-added tax on banking services is not a new policy, after reports suggested the levy had recently been introduced on electronic money transfers and other transactions. The clarification followed public complaints...

The implementation of Nigeria’s new tax law is quietly redefining the country’s fiscal architecture, with states and local governments emerging as the biggest beneficiaries of a revised Value Added Tax (VAT) sharing formula that significantly reduces the Federal Government’s take.

The federal government generated the sum of N8.09trn between January and November 2025, analysis of documents of the Federal Account Allocation Committee (FAAC) has shown.