Nigeria’s manufacturing sector contributes N881.29 billion in Company Income Tax in 2025
Nigeria’s manufacturing sector contributed a total of N881.29 billion in Company Income Tax (CIT) in 2025.
Nigeria’s manufacturing sector contributed a total of N881.29 billion in Company Income Tax (CIT) in 2025.
This is according to the latest data released by the National Bureau of Statistics (NBS).
The figure represents a significant increase from the N663.46 billion recorded in 2024, reflecting strong year-on-year growth in the sector’s tax contributions.
The latest data demonstrates the sector’s growing importance to Nigeria’s revenue base and its role in driving industrial activity.
The performance comes amid broader fluctuations in corporate tax collections, with a notable slowdown recorded in the final quarter of the year despite strong cumulative growth.
The NBS data show that manufacturing sector tax contributions were strong but uneven across the quarters.
Despite the quarterly drop, total CIT increased by 13.38 percent year-on-year compared to Q4 2024.
Data further shows that domestic CIT contributed N819.83 billion in Q4, while foreign CIT accounted for N668.21 billion, reflecting a balanced contribution between local and international companies.
The total CIT for 2025 was N9.218 trillion, according to the NBS data.
In February, Nairametrics reported that Nigeria’s manufacturing sector accounted for 8.05% of real GDP in 2025, down from 8.24% recorded in 2024.
Despite these gains, manufacturers continue to face challenges including high production costs, exchange rate volatility, and infrastructure deficits.
The broader corporate tax environment provides additional context for the sector’s performance.
The data suggests that while growth remains strong overall, macroeconomic conditions continue to influence quarterly performance.
Earlier, Nairametrics reported that Nigeria’s manufacturing sector expanded more slowly in January 2026 as rising costs, weak demand, and structural challenges hit chemicals, pharmaceuticals, plastics, and rubber sub-sectors hardest.
These include the Nigeria Tax Bill, Nigeria Tax Administration Bill, Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill.
The reforms aim to improve tax administration, boost compliance, and enhance revenue mobilisation.
