NBS: Nigeria generated N1.5trn from VAT in Q2 2024 — up by 9.11% from Q1

Nigeria News News

NBS: Nigeria generated N1.5trn from VAT in Q2 2024 — up by 9.11% from Q1
Nigeria Latest News,Nigeria Headlines
  • 📰 thecableng
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 80%

The National Bureau of Statistics (NBS) says the country generated N1.56 trillion as value-added tax in between April and June of 2024.

The National Bureau of Statistics says the country generated N1.56 trillion as value-added tax between April and June this year.

“On the aggregate, Value Added Tax for Q2 2024 was reported at N1.56 trillion, showing a growth rate of 9.11% on a quarter-on-quarter basis from N1.43 trillion in Q1 2024,” NBS said.“Local payments recorded were N792.58 billion, Foreign VAT Payments were N395.74 billion, while import VAT contributed N372.95 billion in Q2 2024.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

thecableng /  🏆 2. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nigeria’s GDP grew by 3.19% in Q2 2024, says NBSNigeria’s GDP grew by 3.19% in Q2 2024, says NBSThe National Bureau of Statistics (NBS) says Nigeria’s annual gross domestic product (GDP) grew by 3.19 percent in the second
Read more »

JUST IN: Chidimma Adetshina wins Miss Universe Nigeria 2024JUST IN: Chidimma Adetshina wins Miss Universe Nigeria 2024Following her win, Chidimma Adetshina will represent Nigeria at the 2024 Miss Universe pageant in Mexico.
Read more »

Paris Paralympics: 18-year-old Eniola Bolaji wins Nigeria's first medalParis Paralympics: 18-year-old Eniola Bolaji wins Nigeria's first medalEniola Bolaji has won Nigeria’s first medal at the 2024 Paris Paralympics
Read more »

Paris 2024: Nigeria’s final hope, Hannah Reuben set for wrestling showdownParis 2024: Nigeria’s final hope, Hannah Reuben set for wrestling showdownOn Saturday, she will embark on a final quest for glory in the Women's Freestyle 76 kg wrestling event.
Read more »

Team Nigeria finishes Paris 2024 without medalTeam Nigeria finishes Paris 2024 without medalTeam Nigeria has finished its campaign at the Paris 2024 Olympic Games which will end on Sunday, August 11 without winning a single medal.
Read more »

Paris 2024: Nigeria’s Rena Wakama named best basketball coachParis 2024: Nigeria’s Rena Wakama named best basketball coachRemarkably also, Nigeria's Ezinne Kalu was named in the All-Second Team of Paris2024 Women’s Basketball.
Read more »



Render Time: 2025-03-14 14:09:46