The Nigeria Revenue Service, NRS, has said the Nigerian economy is showing strong signs of recovery and accelerated growth following a series of “painful” reforms implemented by President Bola Tinubu.

The president said the private sector has a big role to play in the economy in creating jobs and supporting the government.

Nigeria's tax revenue has surged by 113% to N27.1tn as of July 2026, driven by digitisation and tax reforms. Discover how Nigeria tax revenue growth impact