Nigeria is on track to hit its 2025 tax revenue goal ahead of schedule, with collections last month approaching the government’s annual target amid strong economic growth.
“We are on the track to meet our target ahead of time and we expect to exceed the target,” said Zacch Adedeji, chairman of the Federal Inland Revenue Service.
Tax revenue in Africa’s top crude producer grew 41% to 20.6 trillion naira ($13.8 billion) in the first eight months of 2025, compared with a year earlier — 4.6 trillion naira short of its full-year goal, Adedeji said at a briefing on Tuesday in ...
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