Nigeria Revenue Service projects N40.7trn revenue for 2026

Abuja, Feb. 10, 2026 – The Nigeria Revenue Service (NRS) has projected N40.7 trillion revenue for 2026.

The 2026 target represents about 44 per cent increase over the N28.29 trillion realised by the Service in 2025.

Amina Ado, the NRS Executive Director for Government and Large Taxpayers, said this in Abuja on Tuesday at the NRS Management Retreat.

She said the ambitious revenue target was hinged on the strong performance of the Service in 2025 which provided a solid base for the 2026 projection.

The executive director attributed the strong performance in 2025 to improved operational performance, rather than inflation or exchange-rate effects.

“We were given a target of N25.2 trillion, and if we compare that with what we did in 2024, which was N21.7 trillion at the end of last year we were able to deliver N28.23 trillion.

“The results we saw last year were not really just about inflation and all that stuff, it was more about the improvements we have seen during the year and the actions we took that resulted in this.

“Our success was really driven by the non-oil collection, which we could impact by the actions we took during the year,” she said.

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