A coalition of civic and economic advocacy groups has commended recent increases in government revenue, attributing the gains to ongoing fiscal reforms and improvements in tax administration.
In a statement issued on Thursday, the Coalition for Fiscal Justice, Economic Renewal and Public Accountability said the upward trend signals a potential shift in Nigeria’s public finance system, which has long been challenged by weak revenue mobilisation and leakages.
The group’s National President, Clarus Nnaemeka, noted that reforms implemented by the Nigeria Revenue Service under its Executive Chairman, Zacch Adedeji, are beginning to deliver measurable outcomes.
The coalition’s position follows recent government disclosures indicating that monthly revenue rose from approximately N711 billion in May 2023 to over N3.6 trillion by September 2025, with total collections also recording significant growth within the period.
According to the group, the figures reflect progress in efforts to expand the tax base and improve compliance, including the onboarding of millions of additional taxpayers and corporate entities into the formal system.
The coalition linked these developments to broader economic policies under President Bola Ahmed Tinubu, noting that stronger revenue performance could reduce reliance on oil earnings and support more effective fiscal planning.
It added that improved revenue generation has important implications for public spending, creating fiscal space for investments in infrastructure, healthcare, and education, which could enhance service delivery and stimulate economic growth over time.
The group also highlighted potential macroeconomic benefits, including reduced fiscal deficits and lower borrowing needs—factors analysts say could support currency stability and moderate inflationary pressures in the economy.
However, the coalition cautioned that increased revenue alone would not guarantee improved outcomes without transparency and accountability in public spending. It called for stronger oversight mechanisms to ensure that higher collections translate into tangible benefits for citizens.
It further urged continued engagement with taxpayers and businesses, alongside the deployment of digital tools to enhance compliance and minimise leakages within the system.
Observers noted that Nigeria’s tax-to-GDP ratio remains relatively low compared to global benchmarks, indicating room for further improvement. They added that sustaining recent gains would depend on policy consistency and strengthened institutional capacity.
While acknowledging existing challenges, the coalition maintained that current trends suggest a gradual transition towards a more structured and accountable fiscal framework, provided that ongoing reforms are sustained.
