Manufacturing’s contribution to VAT crosses the N1trn threshold in 2025
THE manufacturing sector’s contribution to tax revenue collections in Nigeria maintained an upward trend, as it recorded a total of N1.17 trillion in Value Added Tax (VAT) in 2025, representing a 45.61 percent increase over the N803.53 billion recorded in 2024. The sector’s Company Income Tax (CIT) contribution also rose to N881.29 billion, marking a […]
The post Manufacturing’s contribution to VAT crosses the N1trn threshold in 2025 appeared first on Tribune Online.
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