Nigeria: Manufacturing Sector’s Tax Contribution Rises to N1.17trn, Spurs Demand for Fiscal Support

The manufacturing sector’s contribution to tax revenue collections in Nigeria maintained an upward trend in 2025, contributing a total of N1.17 trillion in Value Added Tax (VAT), an increase of 45.61 per cent over the N803.53 billion in 2024.

The sector’s Company Income Tax (CIT) contribution rose to N881.29 billion, marking a 32.83 per cent increase from N663.46 billion recorded in 2024. This strong year-on-year growth reinforces the sector’s expanding role in generating government revenue and in…