Revenue collected by the government in the eight months to August 2025 rose to N20.6 trillion, according to a statement by the presidency. That’s almost the same value generated in the whole of 2024 at N21.7 trillion, and the fastest run ever on record.
But this growth in earnings has yet
Nigeria is now richer today than at any time in the last decade, but the citizens being governed are poorer, hammered by the steepest erosion of purchasing power, a condition that has led to a surge in widespread misery in Africa’s biggest oil producer.
Revenue collected by the government in the eight months to August 2025 rose to N20.6 trillion, according to a statement by the presidency. That’s almost the same value generated in the whole of 2024 at N21.7 trillion, and the fastest run ever on record.
But this growth in earnings has yet