VAT Revenue Rises 84% To N6.7trn - Politics - Nairaland
Nairaland Forum › Nairaland General › Politics › VAT Revenue Rises 84% To N6.7trn (5103 Views)
| VAT Revenue Rises 84% To N6.7trn by treesun(op): 7:49am On Aug 11, 2025 |
Revenue generated from Value Added Tax, VAT, rose by 84.6 per cent year-on-year, YoY, to N6.72 trillion in 2024 from N3.64 trillion in 2023.https://www.vanguardngr.com/2025/08/vat-revenue-rises-84-to-n6-7trn/ 6 Likes
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| Re: VAT Revenue Rises 84% To N6.7trn by Harryikwor: 7:56am On Aug 11, 2025 |
undifferentiated goods- and services-producing activities of households for own use contracted by 28.97 percent. 1 Like |
| Re: VAT Revenue Rises 84% To N6.7trn by donmik: 8:17am On Aug 11, 2025 |
Robbing us all round into his pocket alone I never see this kind of human being 32 Likes 1 Share |
| Re: VAT Revenue Rises 84% To N6.7trn by Is04970: 8:18am On Aug 11, 2025 |
God bless Nigeria. Tinubu dey try make we no lie. If this is sustained for 2 to 3 years 19 Likes 3 Shares |
| Re: VAT Revenue Rises 84% To N6.7trn by Disenfranchised: 8:18am On Aug 11, 2025 |
Before 1st March 2027 revenue go climb to 100 quazillion dollars. Propaganda upon propaganda. 21 Likes |
| Re: VAT Revenue Rises 84% To N6.7trn by IamNat: 8:19am On Aug 11, 2025 |
Policies yielding for the government, hopefully it will yield to betterment of life for the people too. 10 Likes 1 Share |
| Re: VAT Revenue Rises 84% To N6.7trn by Inspirer1: 8:19am On Aug 11, 2025 |
Of what positive effect is it on the common man who also pays tax? 19 Likes |
| Re: VAT Revenue Rises 84% To N6.7trn by donmixc: 8:19am On Aug 11, 2025 |
tinupoo na statistics we go chop ni, there's serious hunger in the land. Everyday you are dishing out statistic while citizens are suffering 8 Likes |
| Re: VAT Revenue Rises 84% To N6.7trn by SpecialAdviser(m): 8:20am On Aug 11, 2025 |
VAT that will be looted after we pay with our blood. Too bad 9 Likes |
| Re: VAT Revenue Rises 84% To N6.7trn by asolocoaso: 8:20am On Aug 11, 2025 |
Do the right thing and stop flooding us with news of propaganda. The law enforcement and judicial arm of government should also be seen to be working. #ArrestKWAM1 7 Likes 1 Share
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| Re: VAT Revenue Rises 84% To N6.7trn by cucumbar: 8:21am On Aug 11, 2025 |
tax the masses to death and steal the money. That’s the only thing this government sabi. Otherwise, why is it not reflecting in the lives of the masses? 8 Likes 1 Share |
| Re: VAT Revenue Rises 84% To N6.7trn by musicwriter(m): 8:22am On Aug 11, 2025 |
It could go much higher than that if the tax authorities could become transparent. As I speak, the FIRS and JTB sites are down and not helping in obtaining TIN online. Seems to me they're actually sabotaging the president's effort. See https://www.nairaland.com/8493576/nigerian-tax-authorities-sabotaging-presidents |
| Re: VAT Revenue Rises 84% To N6.7trn by Kaa4(m): 8:22am On Aug 11, 2025 |
Is04970:With all the profligate spending and mindless expenditure, freely unquestioned allocations, only God will deliver Nigeria |
| Re: VAT Revenue Rises 84% To N6.7trn by Kaa4(m): 8:24am On Aug 11, 2025 |
No country or nation rises by taxation. Countries grow as a result of purposeful, well-directed expenditure marked by accountability. Both are missing in the Nigerian context 1 Like |
| Re: VAT Revenue Rises 84% To N6.7trn by Dogalmighty17: 8:25am On Aug 11, 2025 |
“On the other hand, activities of households as employers, undifferentiated goods- and services-producing activities of households for own use contracted by 28.97 percent, followed by information and communication with 23 percent.” The people are being squished. |
| Re: VAT Revenue Rises 84% To N6.7trn by Didijiji: 8:25am On Aug 11, 2025 |
NA STATISTICS WE GO CHOP? What is the street saying? What is the street saying? What is the street saying? What is the street saying? What is the street saying? 2 Likes |
| Re: VAT Revenue Rises 84% To N6.7trn by MemphitzDgreat1(m): 8:26am On Aug 11, 2025 |
But Tinubu's administration keeps seeking to borrow foreign loans.... Where are all these lap top and ta ble boys sef? Make Helinues come help me explain this one, abeg 1 Like |
| Re: VAT Revenue Rises 84% To N6.7trn by Riskymarvelous(m): 8:27am On Aug 11, 2025 |
Nah VAT go dismantle Hardship? Nah VAT go end the insecurity? Nah VAT go bring fuel back to ₦185 per liter? 2 Likes |
| Re: VAT Revenue Rises 84% To N6.7trn by ivandragon: 8:27am On Aug 11, 2025 |
The devil is in the details... An indepth analysis will reveal the true situation. |
| Re: VAT Revenue Rises 84% To N6.7trn by Dalohad: 8:31am On Aug 11, 2025*. Modified: 11:12am On Aug 12, 2025 |
Tinubu dipping his greedy hands in everyone's pockets, while Agbadorianists hail him as a 'great revenue generator'.  Funny enough, they lament and shout 'Ahhh! O ti won ju' (Ah!..it's too costly), when you tell them the price of ewedu leaves in the market. 5 Likes 1 Share |
| Re: VAT Revenue Rises 84% To N6.7trn by helinues: 8:31am On Aug 11, 2025 |
More positive news that I have read this morning.. Very sweet You don't want government to borrow ridiculously, yet you still don't want government to increase tax even when some important basic commodity are exempted... We will teach some people how to run a governance with future prosperity 37 Likes |
| Re: VAT Revenue Rises 84% To N6.7trn by immaculatesense(m): 8:37am On Aug 11, 2025 |
Too much good news these days are o make people happy. But some people will still be sad. No Be Juju Be Dat? 1 Like 1 Share |
| Re: VAT Revenue Rises 84% To N6.7trn by lexy2014: 8:39am On Aug 11, 2025 |
Is04970:how is tinubu trying? what should God bless Nigeria with? |
| Re: VAT Revenue Rises 84% To N6.7trn by Ready2speak: 8:40am On Aug 11, 2025 |
Bobo Chicago and crew. 😂😂😂😂😂😂😂😂 Milk & Honey don land for them 🤣🤣🤣🤣🤣🤣🤣🤣🤣. Oya mek the sharing begin. |
| Re: VAT Revenue Rises 84% To N6.7trn by ChristineC: 8:41am On Aug 11, 2025 |
Is04970:trying by multiple taxations. but but... na statistics you go shop??  |
| Re: VAT Revenue Rises 84% To N6.7trn by ArcSEMPECJ(m): 8:52am On Aug 11, 2025 |
donmixc:The same statistics he was against and used to talk against Peter Obi.... You increased tax from 0.2% to 0.8% and you are coming to tell us how much you have gotten  ?Can we see what the VAT induced money was able to do for the country, let him not say it went to infrastructure lols 😂😂😂😂😂 |
| Re: VAT Revenue Rises 84% To N6.7trn by Lithiumite: 8:55am On Aug 11, 2025 |
donmik:Whose pocket? The way you people just over simplify Nigeria's problems.....it's like you should go and be president yourself.....like it's that easy to steal in govt. 1 Like |
| Re: VAT Revenue Rises 84% To N6.7trn by Lithiumite: 9:07am On Aug 11, 2025 |
Disenfranchised:The news was backed up with facts,you are still here frothing propaganda in the mouth.....govs across party lines have been singing for all to here how their states finances have improved under tinubu than was obtainable in previous admins,you close your ears to that and refuse to acknowledge.....even lgs are now raking in huge allocations some running into billions monthly,u are too blind to see that.....that's the problem with most of the people criticising tinubu,they are only subjective,hate filled wailers who are only in pain the man disgraced them in 23. 2 Likes |
| Re: VAT Revenue Rises 84% To N6.7trn by AK481(m): 9:08am On Aug 11, 2025 |
Is04970:Do you understand how VAT is generated ? Tinubu cannot create wealth to generate income |
| Re: VAT Revenue Rises 84% To N6.7trn by Lithiumite: 9:12am On Aug 11, 2025 |
Kaa4:We weren't doing upto a quarter of what was due in taxes to govt and we are still not at 100% yet.....what the govt is doing is still within limits and certainly,the economy will expand as govt earnings improve thereby increasing spending. 1 Like |
| Re: VAT Revenue Rises 84% To N6.7trn by Lithiumite: 9:14am On Aug 11, 2025 |
MemphitzDgreat1:It's best you keep quite in matters you are unlearned in or inadequately fitted to understand......go learn political economics and stop disgracing yourself in public. 1 Like |
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