August 3, 2025

soars on non-oil strength

Business

Nigeria’s Tax Haul Soars on Non-Oil Strength, Dwarfing Budget by ₦1.36 Trillion

Abuja, Nigeria – Nigeria’s Federal Inland Revenue Service (FIRS) delivered a massive ₦3.3 trillion ($2.18 billion) in tax revenue for June 2025, blowing past its monthly target by a remarkable ₦1.36 trillion. The surge, detailed in figures prepared for the Federation Account Allocation Committee (FAAC) ahead of its July 16 meeting, signals a significant shift

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