By Ayomide Otitoju
The Nigeria Revenue Service (NRS) has reported generating ₦28.3 trillion in revenue as of December 2025, marking a growth of over 30 per cent compared to ₦25.5 trillion collected in 2024.
Mrs. Amina Kurawa, Executive Director for Government and Large Taxpayers, disclosed the figures during a staff retreat, noting that the bulk of the revenue was driven by the non-oil sector.
Looking ahead, the NRS has set a revenue target of ₦40.7 trillion for the 2026 fiscal year. The agency said the target will be supported by stronger contributions from non-oil sectors and improved collections from royalty-based income streams.
The NRS also projected growth in non-oil tax receipts in 2026, highlighting Company Income Tax, Value Added Tax, and the Development Levy as key drivers of government revenue.
Meanwhile, NRS Chairman Zacch Adedeji urged staff to enhance performance in the coming year, stressing that transparency and accountability remain central to the agency’s operations.
