Nigeria’s Federation Account had a robust increase of N23.06 trillion in the first 10 months of 2025, according to the Revenue Mobilization Allocation and Fiscal Commission (RMAFC). This was revealed by the commission’s chairman, Dr. Mohammed Shehu, at the two-day National Stakeholders’ Discourse on “Enhancing Fiscal Efficiency and Revenue Growth Under the Nigeria Tax Act, 2025,” which came to an end yesterday in Abuja. 00:04/03:11 10 seconds According to Shehu, the performance in 2025 was better than N11.93 trillion in 2023 and N21.43 trillion in 2024. He credited enhanced audits, increased digital monitoring systems, better coordination between tax agencies, and fiscal reforms for the revenue growth.
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