NIGERIA’S NON- OIL REVENUE : WHAT YOU NEED TO KNOW


- Record Revenues: Nigeria mobilised ₦20.59 trillion in eight months, the most substantial collection in recent history.
 
- Non-Oil is Now the Engine: With ₦15.69 trillion collected, non-oil revenues account for three out of every four naira, showing a fundamental shift away from oil dependence.
 
- Beyond Inflation: While inflation and FX revaluation contributed, the uplift is primarily reform-driven — digitised filings, Customs automation, tighter enforcement, and broadened compliance.
 
Customs Overperformance: ₦3.68 trillion was collected in H1, ₦390 billion above target, and already 56% of the full-year goal. This reflects systemic changes, not one-off windfalls.
 
States’ Fiscal Space Expanded: FAAC allocations reached ₦2 trillion in July for the first time, giving states resources to strengthen local development.
 
- On Track, Not Overclaiming: The government affirms collections are ahead of pro-rata expectations, with final validation to be published by the Budget Office at the end of the year.
 
Revenues are rising, the base is broadening, and reforms are working. The priority is translating these numbers into real relief for citizens by putting food on the table, creating jobs for young people, and investing in roads, schools, and hospitals.

Ardo  Zubairu 
National Secretary 
TInubu Re- Election Project 2027 . Office Phones: 
08033305195
08098885195
07033454053

Follow this link to join  https://chat.whatsapp.com/GGyI5S8pxi78dcZ3fKciGB

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