VAT collections hit N2.42 trillion in Q1 2026, up 17% year-on-year

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VAT collections hit N2.42 trillion in Q1 2026, up 17% year-on-year

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Nigeria's Value Added Tax (VAT) collections increased to N2.42 trillion in Q1 2026, marking a 17.06% year-on-year rise, reflecting improved tax performance in the country.

Nigeria's Value Added Tax (VAT) collections rose to N2.42 trillion in the first quarter of 2026, representing a 17.06% increase from the N2.07 trillion generated in the corresponding period of 2025. The post VAT collections hit N2.42 trillion in Q1 2026, up 17% year-on-year appeared first on Nairametrics.

World Politics Markets Deals Nigeria VAT tax collections Q1 2026 economic data tax revenue

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