Nigeria recorded a sharp increase in federally collected revenue in September 2025, with receipts reaching N3.65 trillion, according to figures released by the Federal Inland Revenue Service (FIRS). The figure represents a 411 percent rise compared to the same period last year.
The FIRS attributed the surge to improved compliance in tax administration, expanded digital collection systems, and stronger oversight in the oil and non-oil sectors. The service said recent reforms have significantly widened the tax net and curtailed leakages that previously undermined revenue performance.
“This unprecedented growth is a testament to the resilience of our economic reforms and the dedication of taxpayers,” the FIRS noted in a statement. “We are seeing the results of increased efficiency in our systems, enhanced monitoring, and a broader base of contributors to national revenue.”
The N3.65 trillion collected in September is expected to boost allocations to the three tiers of government, easing fiscal pressures as the country faces rising inflation, high debt service obligations, and demands for infrastructure funding.
Analysts say the surge underscores the potential of Nigeria’s domestic revenue base if leakages are reduced and compliance is sustained. However, they caution that translating the gains into tangible public benefits will depend on prudent fiscal management and accountability in government spending.
The September report continues a trend of stronger revenue inflows in 2025, positioning the country to better finance its budget and reduce reliance on external borrowing.
