A coalition of civic and economic advocacy groups has commended recent increases in government revenue, linking the gains to ongoing fiscal reforms and improved tax administration.
In a statement issued on Thursday, the Coalition for Fiscal Justice, Economic Renewal and Public Accountability said the trend points to a shift in Nigeria’s public finance system, which has historically struggled with limited revenue mobilisation and leakages.
The group’s national president, Clarus Nnaemeka, said reforms introduced by the Nigeria Revenue Service under its Executive Chairman, Zacch Adedeji, are beginning to yield results.
The reaction follows government disclosures indicating that monthly revenue increased from about N711 billion in May 2023 to over N3.6 trillion by September 2025. Total collections were also reported to have risen significantly over the same period.
According to the coalition, the figures suggest progress in efforts to expand the tax base and improve compliance. It said the inclusion of millions of additional taxpayers, including corporate entities, reflects attempts to formalise parts of the economy previously outside the tax net.
The group linked the reforms to broader economic policies under the administration of Bola Ahmed Tinubu, noting that improved revenue collection could reduce dependence on oil earnings and support fiscal planning.
It added that stronger revenue performance has implications for public spending, as it creates room for investment in infrastructure, healthcare and education. Over time, such spending could contribute to improved service delivery and economic growth.
The coalition also pointed to potential macroeconomic benefits, including reduced fiscal deficits and lower borrowing requirements. Analysts say these factors can influence currency stability and inflation trends, particularly in an economy facing external and domestic pressures.
However, the group cautioned that revenue growth alone would not guarantee improved outcomes without transparency in how funds are used. It called for stronger oversight and accountability to ensure that increased collections translate into visible public benefits.
The coalition further urged continued engagement with taxpayers and businesses, alongside the use of digital tools to strengthen compliance and reduce leakages within the system.
Observers note that Nigeria’s tax-to-GDP ratio remains relatively low compared to global averages, suggesting room for further improvement. Sustaining recent gains, they say, will depend on policy consistency and institutional capacity.
While acknowledging ongoing challenges, the coalition said current trends indicate a possible shift towards a more structured and accountable fiscal framework, provided reforms are maintained over time.
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