₦airaland Forum

Did you see these numbers? From January to September 2025, Nigeria OVERPERFORMED its monthly VAT budget every single month! September capped it off with an incredible 40% overperformance (N872.63bn actual vs. N625.13bn budgeted)!
But the big question is: What's driving this phenomenal surge in revenue? Is it increased compliance, better economic activity, or a combination of strategic fiscal policies? More importantly, where should these extra billions be prioritized for maximum national impact?
Share your thoughts in the comments! 👇

Nigeria's VAT performance against the N625.13bn budgeted (January-September 2025)

January:

Actual: N771.89bn

Budgeted: N625.13bn

Overperformed: by 23%

February:

Actual: N654.46bn

Budgeted: N625.13bn

Overperformed: by 5%

March:

Actual: N637.62bn

Budgeted: N625.13bn

Overperformed: by 2%

April:

Actual: N642.26bn

Budgeted: N625.13bn

Overperformed: by 3%

May:

Actual: N742.82bn

Budgeted: N625.13bn

Overperformed: by 19%

June:

Actual: N678.17bn

Budgeted: N625.13bn

Overperformed: by 8%

July:

Actual: N687.93bn

Budgeted: N625.13bn

Overperformed: by 10%

August:

Actual: N722.62bn

Budgeted: N625.13bn

Overperformed: by 16%

September:

Actual: N872.63bn

Budgeted: N625.13bn

Overperformed: by 40%

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#TheCableIndex

All these banded agbadorian figures of increased VATs does not in any way possible change the worthlessness of the purchasing power of the naira, increasing cost of living, provide means of economic survival.

There was downtrend in the first quarter but we bounced back from August.

For the money to be useful as projects for the VAT payers is the koko

Good performance on paper… if the figures are true, standards of living should hv improved drastically. 2027 campaign in progress we are not born last night.

USELESS STATISTICS OF REVENUE COLLECTION WITHOUT PROGRESS TO SHOW.

“Na statistics we go chop”, don feed us with more statistics than our stomachs can hold.

Where is all this money going to

The money may not be used adequately well.
Mr. President has good policies of generating finds but the masses is yet to believe in his governance.

Racoon:
All these banded agbadorian figures of increased VATs does not in any way possible change the worthlessness of the purchasing power of the naira, increasing cost of living, provide means of economic survival.

You are allergic to good news, we understand.

Everything doesn't have to be politicised.


Nigeria is gradually returning to the right track.

Well-done Mr President.

Racoon:
All these banded agbadorian figures of increased VATs does not in any way possible change the worthlessness of the purchasing power of the naira, increasing cost of living, provide means of economic survival.

food de cheap people de complain say them no supposed give broader waiver to some consumables
samething ween cos increase
samething 9ja People take advantage of hoarding and increasing prices
we complaining of cost of living,and area no gree reduce price wen MKT prices de come down small small
some are even angry

Very soon the outperforming figures will be under reported and looted.

This is good job. Performance dey choke but does this reflect to the standard of living of an average Nigerians.

If VAT has risen, it should ordinarily mean consumption has improved which means the economy is growing
But we're not seeing any growth which means the VAT is as a result of price inflation. Higher price means higher VAT overhead

Tinubu and his supporters are now 'eating' statistics which they vowed not to eat.

Nice one. Hope its properly utilized

Liveair:
USELESS STATISTICS OF REVENUE COLLECTION WITHOUT PROGRESS TO SHOW.

He still thinks he is still a governor, still fixated on IGR forgetting the welfare of the people is equally important, he just collects and share amongst his people, while the masses are neglected
He doesn't pay salaries and pension sometimes until the 32nd or 35th of the month, minimum wage not fully implemented, and arrears of both workers and pensioners stretched to several months iand years, in this regards buhari is far far better than this man called Tinubu yet he will send his people to brandish fake figures, if indeed he is meeting targets like this ,what is he doing with it,the people are not feeling it,its either he is lying or looting the funds

DrMB:
Did you see these numbers? From January to September 2025, Nigeria OVERPERFORMED its monthly VAT budget every single month! September capped it off with an incredible 40% overperformance (N872.63bn actual vs. N625.13bn budgeted)!
But the big question is: What's driving this phenomenal surge in revenue? Is it increased compliance, better economic activity, or a combination of strategic fiscal policies? More importantly, where should these extra billions be prioritized for maximum national impact?
Share your thoughts in the comments! 👇

The simple answer is Jagaban, the long answer is Tinubu.
He did it in Mobil, he did it in Lagos. No be fluke, no be goandverify lumba.

Why then does the government keep borrowing if the economy is supposedly doing well?

It honestly doesn’t make sense anymore.
Everywhere you look, the headlines say “record profits”, “billions in revenue”, “economic growth on track.” ...Yet, the government keeps borrowing; billions upon billions; and the average citizen still can’t feel any real impact.

If the country is truly making money, why the constant loans? Why does every budget cycle come with another round of debt, despite all the talk about progress and prosperity?

On paper, every sector seems to be “recording massive profits,” but the reality on the ground says otherwise. Prices keep rising, infrastructure remains poor, and the common man is just trying to survive.

It’s hard not to feel like the whole thing is just propaganda. Numbers and press releases meant to keep supporters celebrating, while nothing changes for the rest of us.

At this point, I feel it's save to conclude that our leaders are managing statistics, not lives.

Iz this a good news when senseless projects and loans more than negate any imaginary gains this may represent?

Image123:
The simple answer is Jagaban, the long answer is Tinubu.
He did it in Mobil, he did it in Lagos. No be fluke, no be goandverify lumba.

he did rubbish overall l.

NaijaSumi:
Tax payers money is what Tinubu and others are looting... Anyone stealing from my tax payment amongst Nigerian politicians shall die untimely.

They are all over 60yrs
Nothing, nothing. They fear nothing

amAZEing:
Very soon the outperforming figures will be under reported and looted.

Highly possible, fear Nigerian politicians

CodeTemplarr:
he did rubbish overall l.

Contest so that you can do better my guy.

Livequiz:
This is good job. Performance dey choke but does this reflect to the standard of living of an average Nigerians.

That's what I don't understand honestly

Image123:
Contest so that you can do better my guy.

does vote even count to start with? It is people like Yekini who determine who wins and i dont have chicago money to effect that or a dead conscience like yours.

Onewazobia:
That's what I don't understand honestly

This is actually very simple, standard of living doesn't mean more money for the people, it means more money to create and build the economy, and it doesn't happen over night, it will take time to see the effects, the present stage is STABILITY, the economy is stable now, it will begin to grow gradually.

VAT performance suggests increase in Production if not that is increase in Tax drive

Onewazobia:
That's what I don't understand honestly

If you ask meeeee, na who I go ask

DrMB:
Did you see these numbers? From January to September 2025, Nigeria OVERPERFORMED its monthly VAT budget every single month! September capped it off with an incredible 40% overperformance (N872.63bn actual vs. N625.13bn budgeted)!
But the big question is: What's driving this phenomenal surge in revenue? Is it increased compliance, better economic activity, or a combination of strategic fiscal policies? More importantly, where should these extra billions be prioritized for maximum national impact?
Share your thoughts in the comments! 👇

Baba Ijebu figures, a concoction of figures.

The perpetual town criers would derail this good news with their usual rethorics of hunger and suffering.

For your information, vat comes from the masses purchase of goods. If Nigeria was actually as bad as you all said, the people would not purchase enough to generate such revenue.

We all know about the prevailing hardship, but it's no where as bad as they are parroting it everywhere.