States, FCT Collect N2.64 Trillion In PAYE Taxes As Revenue Rises 40%
Nigeria, Oct. 12 -- Nigeria's 36 states and the Federal Capital Territory (FCT) collected N2.64 trillion in Pay As You Earn (PAYE) taxes in 2025, representing a 40.4% increase from N1.88 trillion recorded in 2024.
Data from the National Bureau of Statistics (NBS) showed that PAYE accounted for 69.5% of the N3.79 trillion in total tax revenue generated by states and the FCT during the year.
Overall tax revenue rose by 41.2% from N2.69 trillion in 2024, amid higher wages and adjustments to workers' salaries following the introduction of the N70,000 national minimum wage.
Withholding tax generated about N503 billion, representing 13.28% of the total, while other taxes contributed N300.21 billion, up 48.9% from N201.62 billion a year earl...
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