Nigeria collected an average of ₦127.83 billion ($93.98 million) in taxes every day between January and July 2026 as new laws and digital systems helped the government bring more economic activity into the tax net.
Tax collections reached ₦27.1 trillion ($19.93 billion) in the first seven months of 2026, according to data shared by the Nigeria Revenue Service (NRS), the country’s tax agency.
The increase in collections puts Nigeria on track to raise more tax revenue in 2026 than it did in all of 2025, while new tax laws and digital systems give the government greater visibility into how much Nigerians and businesses earn, spend, and move.
In seven months, the NRS has already collected 95.76% of the ₦28.3 trillion ($20.81 billion) it collected throughout 2025, and has reached two-thirds (66.57%) of its ₦40.71 trillion ($29.93 billion) revenue target for 2026.
The NRS attributed the increase to the “digitisation of tax systems, four new tax reform laws, the transformation of the revenue service and an executive order that closed loopholes in the system.”
