The Federal Government, under the leadership of President Bola Ahmed Tinubu, generated ₦14.27 trillion in tax revenue in the first half of 2025, marking a 43 percent increase from the ₦9.97 trillion collected in the same period of 2024.

The rise was driven by strong performance in both oil and non-oil sectors. Non-oil tax revenue surged by 44.2 percent to ₦10.64 trillion while oil-related taxes grew by 39.4 percent to ₦3.63 trillion. These gains reflect improved compliance, enforcement, and strategic tax reforms championed by the Tinubu administration.

With this performance, the Federal Government has achieved 78 percent of its ₦25.2 trillion full-year revenue target in just six months. The results also align with the President’s broader goal of raising Nigeria’s tax-to-GDP ratio from 13 percent to 18 percent by 2030 as part of the Renewed Hope Agenda to reduce overreliance on oil and strengthen fiscal sustainability.