…Constitutes 75% of tax revenues
…Surpass 2021 & 2022 combined tax earnings
Nigeria’s push to grow revenue beyond oil is paying off as the non-oil sector drove the nation’s tax revenue to N17.4 trillion in the first seven months of 2025.
Non-oil tax revenue stood at N13.07 tril
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Wasiu Alli
Wasiu Alli is a business, economics cum data journalist with strong expertise covering macro trends, capital markets, government policies, corporate earnings and comparative economics analysis. Alli turns raw data into trends that not only tells compelling stories but nudges investors to make valued and informed decisions. He’s an alumnus of Lagos State University and trained at Lagos Business School. He formerly heads the Companies and Markets desk at BusinessDay where he writes and supervises the production of well researched articles on earnings updates, corporate sectoral comparisons, market intelligence as well as interviews with C-suite executives.