Manufacturing, ICT, Banks, Highest Contributors As Nigeria Earned N1.49trn From VAT In Six Months

Nigeria earned the sum of N1.49trn from Value Added Tax within the first six months of this year, a report released by the National Bureau of Statistics has revealed.

A breakdown of the N1.49trn showed that the sum of N781.35bn was generated in the second quarter, showing a growth rate of 10.11 per cent on a quarter-on-quarter basis from the sum of N709.59bn earned in Q1 2023.