Personal Income Tax (PIT) revenue in Nigeria 2010-2021

Published by
Doris Dokua Sasu,
Jan 20, 2023
As of the first half of 2021, Nigerian government revenue from Personal Income Tax (PIT) amounted to around 254 billion Nigerian naira (NGN), roughly 611 million U.S. dollars. In 2020, a residency tax revenue of more than 851 billion NGN, some two billion U.S. dollars, was registered. This was the highest amount of taxes levied on individuals' net income and capital gains since 2010.

Government revenue from Personal Income Tax (PIT) in Nigeria from 2010 to 2021 (in billion Nigerian naira)

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Release date

December 2021

Region

Nigeria

Survey time period

2010 to H1 2021

Supplementary notes

* H1 2021.

Currency conversion rate as of January 2022.

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