Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zach Adedeji, says Nigeria’s revenue collection has recorded unprecedented growth, driven largely by non-oil taxes.
He stated this during an interactive session with the State House Press Corps in Abuja, where he gave a detailed breakdown of the country’s revenue performance under the Tinubu administration.
Dr. Adedeji explained that the reforms in tax administration and bold economic policies of the Federal Government have placed Nigeria on a more sustainable growth trajectory.
According to him, total revenue accruing to the Federation rose from ₦711 billion in May 2023 to ₦3.6 trillion in September 2025, representing a 411 percent increase.
He added that while oil receipts contributed to the gains, the true test of Nigeria’s economic resilience lies in non-oil revenue, which jumped from ₦150 billion in May 2023 to ₦1 trillion in September 2025.
Dr. Adedeji said the turnaround was a direct outcome of President Bola Tinubu’s reforms, including the removal of fuel subsidy and improved tax compliance mechanisms. He stressed that the growth reflects renewed public trust in the system and Nigeria’s steady progress towards economic diversification and sustainability.
He further disclosed that all states of the federation are now receiving more than double their previous allocations, easing the pressure of salary payments and providing room for infrastructure development.
“With the fundamentals now set, Nigeria is moving towards fiscal sustainability, and the future looks bright for businesses, households, and government,” he said.
Bello Wakili
