Nigeria’s federal tax revenue (through the Nigeria Revenue Service, rose from about N14.27trillion in the first half of 2025 to about N21.6 trillion in the first half of 2026, an increase of roughly 51–52 percent in nominal terms, according to an economic report by the Presidency.
The figures were contained in the Economic Snapshot Report 2023 vs 2026.
Key figures
H1 2025 (January–June)
The Federal Government collected about N14.27 trillion in tax revenue under the platform of the now rested Federal Inland Revenue Service (FIRS) in the first half of 2025, according to a performance report
While this represented a major jump in the same period in 2024, it equally put the FIRS on track to meeting a full‑year revenue target of around N25.2 trillion.
H1 2026 (January–June)
The restructured NRS has collected about N21.6 trillion in the first half of 2026, based on an Economic Snapshot Report from the Presidency.
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