Nigeria’s manufacturing sector contributed a total of N1.17 trillion in Value Added Tax (VAT) in 2025.
- +Manufacturing sector records N1.17 trillion VAT revenue in 2025 – NBS
This is according to data released by the National Bureau of Statistics (NBS).
This is according to data released by the National Bureau of Statistics (NBS).
The figure represents a significant increase from the N803.53 billion recorded in 2024, demonstrating the sector’s growing importance to government revenue.
The latest data highlights the resilience of the manufacturing sector despite prevailing economic challenges.
The strong performance comes amid broader fluctuations in Nigeria’s tax environment, with the sector maintaining its position as the largest contributor to VAT revenue.
The NBS data shows that VAT contributions from the manufacturing sector remained relatively stable throughout 2025.
This consistent performance demonstrates the sector’s ability to sustain revenue generation despite macroeconomic pressures.
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.
Nigeria’s overall VAT performance provides additional context to the manufacturing sector’s contribution.
The data shows a diversified VAT base, with contributions from domestic production, imports, and international transactions.
Recent policy reforms are expected to further strengthen VAT collection and broaden Nigeria’s tax base.
