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Manufacturing sector tops VAT contribution at 26.6% in H1’25
Vanguard•about 2 months ago•centre•Credibility: 80/100
By Yinka Kolawole The manufacturing sector remained the top-contributing sector to Nigeria’s Value-added Tax (VAT) collections in the first half of 2025 (H1’25), with a contribution of N584.63 billion, representing 26.6 percent of the total local VAT collections of N2.197 trillion within the period, thus reaffirming the sector’s critical role in the country’s economic development. Analysis of the latest data […] The post Manufacturing sector tops VAT contribution at 26.6% in H1’25 appeared first on Vanguard News.
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