Foreign companies contributed almost 50% of Nigeria’s company income tax payments in 2023

Over the years, local companies have contributed more than foreign companies to Nigeria’s total company income tax revenue. In 2023, local CIT payments accounted for 51% of the total, with foreign payments at 49%.

Local CIT payments saw the highest share in 2021 (65%), while foreign CIT's highest was in 2015 at 52%.

Source:
National Bureau of Statistics
Period:
2015 - 2023
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