VAT Revenue Rises By 19.21% To N1.43trn In Three Months—NBS

The National Bureau of Statistics (NBS) on Tuesday said the Federal Inland Revenue Service (FIRS) realised the sum of N1.43trn from Value Added Tax (VAT) in the first three months of 2024.

This represents an increase of 19.21 per cent on a quarter-on-quarter basis from N1.20trn realised in the fourth quarter of 2023.