Manufacturing VAT surges 54.7% to N875bn in 9 months

…Surpasses 2023 full-year figure By Yinka Kolawole The contribution of Nigeria’s manufacturing sector to Value Added Tax (VAT) in 2025 significantly increased with payments rising to N875.420 billion in the first nine months of the year (9M’25), surpassing both the N566.011 billion recorded in the corresponding period of 2024 (9M’24) and the N578.394 billion generated in […] The post Manufacturing VAT surges 54.7% to N875bn in 9 months appeared first on Vanguard News.

By Urowayino Jeremiah