Manufacturing leads Q1 VAT surge on improved tax administration —NBS

NIGERIA’S Value Added Tax (VAT) collections recorded robust growth in the first quarter of 2026, reaching ₦2.42 trillion, with the manufacturing sector maintaining its position as the largest contributor, accounting for 29.75 percent of total receipts, according to data released by the National Bureau of Statistics (NBS). The sector also posted a healthy 12.82 percent [...] The post Manufacturing leads Q1 VAT surge on improved tax administration —NBS appeared first on Tribune Online .
2026-07-13 00:55:00