Beyond Nominal Value Headline: Why Bigger Revenues Won’t Buy Nigeria a Bigger Economy
Source ↗
👁 0
💬 0
By Victoria Hauwa Jatto
Nigeria’s public finances have never seen anything like the last three years. According to revenue and disbursement data published by the Office of the Accountant-General of the Federation (OAGF), the Federation Account earned ₦88.91 trillion between 2023 and 2025, more than three times the ₦29.07 trillion of the preceding four years. Nigeria Revenue Service records show company income tax rose 315 per cent in three years, while VAT rose 283 per cent. OAGF disbur
Nigeria’s public finances have never seen anything like the last three years. According to revenue and disbursement data published by the Office of the Accountant-General of the Federation (OAGF), the Federation Account earned ₦88.91 trillion between 2023 and 2025, more than three times the ₦29.07 trillion of the preceding four years. Nigeria Revenue Service records show company income tax rose 315 per cent in three years, while VAT rose 283 per cent. OAGF disbur
Comments (0)