Nigeria’s finance and insurance sector paid 119.6% more tax to the government in 2023

In 2023, businesses in Nigeria's finance and insurance sector paid ₦458.8 billion as taxes to the government, 119.6% more than in 2022.

Those in the manufacturing sector also increased their payments and remain the top tax-paying sector in the country.
Here are the top five sectors where businesses paid the most tax in 2023.

Source:

National Bureau of Statistics

Period:

2023
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