Nigeria's quarterly VAT collections have reached new highs in seven consecutive quarters since Q4 2021

In Q2 2023, Nigeria collected 10% more VAT than in the first quarter, 30% more than in Q2 2022, 53% more than in Q2 2021, and 555% more than 40 quarters ago in Q2 2013. Do you see VAT collections reaching one trillion naira soon?

Source:

National Bureau of Statistics

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Period:

2013 - 2023

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