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Nigerian States Record 27% Increase in Tax Revenue, Official Says

Nigerian states record 27% increase in tax revenue – Official

Illustration representing businessman with index finger up showing increase of incomes on graph on purple background

Photo by Monstera Production on Pexels

What changed

Tax revenue collected by Nigerian state governments rose 27%, according to an official account published on 29 October 2026. The increase came as 21 states adopted a harmonised tax framework designed to curb multiple taxation and reduce pressure on businesses.

Why it matters

The framework is meant to make compliance less of a maze for businesses operating across participating states. If it works as intended, state governments could collect more while businesses face fewer overlapping tax demands.

The 27% figure still needs careful reading: the comparison period, states included, and whether the increase is adjusted for inflation were not specified. The key test now is whether the harmonised system itself can be shown to have produced a meaningful share of the additional revenue.

Sources (1)
  1. Premium Times NigeriaNigerian states record 27% increase in tax revenue – Official

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