NewsBreakNigeria
USD/NGN 1,321.98GBP/NGN 1,787.13USD/NGN black market ₦1,400GBP/NGN black market ₦1,900
USD/NGN 1,321.98GBP/NGN 1,787.13USD/NGN black market ₦1,400GBP/NGN black market ₦1,900

Why Nigeria cannot tax its way to a trillion dollar economy

Nigeria has set itself a fiscal target, and almost no one disagrees with it. By the government’s own reckoning, the state collected tax worth about ten percent of the size of the economy in 2023, among the lowest shares…

Aggregated · originally by Nairametrics
7 Sept 2026, 13:31 WAT · 3 min read
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Why Nigeria cannot tax its way to a trillion dollar economy

Nigeria has set itself a fiscal target, and almost no one disagrees with it. By the government’s own reckoning, the state collected tax worth about ten percent of the size of the economy in 2023, among the lowest shares…