Nigeria Generates N472bn as Company Income Tax in Q2 2021

“Professional services generated the highest amount of CIT with N130.09 billion generated, closely followed by other manufacturing which generated N87.27 billion, while banks and financial institutions generated N60.01 billion.


The National Bureau of Statistics (NBS) has said that the federal government generated N472.07 billion as Company Income Tax (CIT) in the second quarter of 2021. This is against N392.64 billion generated in Q1 2021 and N402.03 billion generated in Q2 2020, representing a 20.23 percent increase Quarter-on-Quarter and 17.42 percent increase Year-on-Year.

The NBS said this on Wednesday in Abuja in its “Company Income Tax By Sectors Q2, 2021” data published on its website.

The sum, which reflected an increase of N79.43 billion over Q1, also reflected an increase of N70.04 billion over N402.03 billion that was generated in Q2, 2020.

The NBS said that the figure represents 20.23 percent increase Quarter-on-Quarter and 17.42 percent increase Year-on-Year.


“Professional services generated the highest amount of CIT with N130.09 billion generated, closely followed by other manufacturing which generated N87.27 billion, while banks and financial institutions generated N60.01 billion.

“Textile and garment industry generated the least with N27.23 million, closely followed by automobiles and assemblies with N62.15 million and pioneering with N64.30 million generated,” it said.

The bureau said that out of the total amount generated in the period under review, N412.74 billion was generated as CIT locally, while N51.61 billion was generated as foreign CIT payment.

It added that the balance of N2.72 billion was generated as CIT from other payments.

The News Agency of Nigeria (NAN) reported that in arriving at the report, data was provided by the Federal Inland Revenue Service (FIRS), verified and validated by the NBS.



You might also like

Leave A Reply

Your email address will not be published.

  1. zortilonrel says

    You got a very superb website, Glad I observed it through yahoo.

  2. Karol says

    Hello there, just became alert to your blog through Google, and
    found that it’s truly informative. I am gonna watch out for brussels.
    I will be grateful if you continue this in future. A lot of people will be
    benefited from your writing. Cheers!

    Feel free to visit my web page Carina

  3. Arnulfo says

    It?s nearly impossible to find educated people
    in this particular subject, but you sound like you know what you?re talking about!


    Also visit my blog :: oil pulling teeth whitening (

  4. Julieta says

    I truly treasure your work, Great post.

    Also visit my web blog – upper back pain between shoulder blades (

  5. Alva says

    You got a very great website, Sword lily I observed it through yahoo.

    My site treatments need

  6. Julie says

    fantastic issues altogether, you just gained a emblem new reader.
    What may you recommend about your post that you made some
    days ago? Any certain?

    Review my blog: drug abuse treatment (

  7. Iola says

    Some genuinely nice stuff on this website, I enjoy it.

    Here is my web page – cannabis doctors (

  8. Colin says

    hello!,I love your writing very so much! percentage we be in contact extra about
    your post on AOL? I need a specialist on this house
    to solve my problem. Maybe that’s you! Looking ahead to see you.

    My blog; children smoking

  9. Marshall says

    Have you ever thought about creating an ebook or guest authoring on other
    sites? I have a blog based on the same information you discuss and would really like to have you share some stories/information. I know my viewers would value your work.
    If you’re even remotely interested, feel free to send me an email.

    Feel free to visit my blog post … cannabis dispensaries-san

  10. Stephan says

    I know this site presents quality depending articles and extra material,
    is there any other website which provides these data in quality?

    Here is my site; perfect skin care

  11. Wilburn says

    Thanks for one’s marvelous posting! I seriously
    enjoyed reading it, you may be a great author. I will
    be sure to bookmark your blog and definitely
    will come back from now on. I want to encourage you to continue your great writing, have a nice weekend!

    Take a look at my page – extreme weight loss diet

  12. Kenny says

    Utterly composed written content, Really enjoyed looking at.

    Review my website … try hemp

  13. Carol says

    Woh I enjoy your blog posts, saved to bookmarks!

    Feel free to visit my blog: various cannabis seeds

  14. Chas says

    Some truly good content on this site, thanks for contribution.

    Here is my website facial skin care –,

  15. Linda says

    After going over a few of the blog posts on your blog, I truly appreciate
    your technique of blogging. I saved it to my bookmark website list and
    will be checking back soon. Take a look at my website too and let me know what
    you think.

    My site; seed bank

  16. Elida says

    It’s difficult to find well-informed people about this topic, however, you sound like you know what you’re
    talking about! Thanks

    Also visit my blog post :: healthy body

  17. Lashunda says

    We wish to thank you yet again for the wonderful ideas you gave Jeremy when preparing
    her post-graduate research as well as, most importantly, with
    regard to providing many of the ideas in a blog post.

    Provided that we had known of your web page
    a year ago, we’d have been kept from the
    nonessential measures we were employing. Thanks to you.

    Look into my web site; quitting smoking

  18. Tamara says

    I dugg some of you post as I thought they were
    handy handy.

    Have a look at my webpage – purchase hemp

  19. Quentin says

    Glad to be one of the visitants on this awful web site :D.

    Here is my web page – getting treatment

  20. Bernadette says

    I enjoy the efforts you have put in this, appreciate it for all the great blog posts.

    my site :: houston affordable treatment (Aracely)

  21. Terri says

    I like what you guys are up too. Such smart work and reporting!

    Keep up the excellent works guys I’ve incorporated you guys to my blogroll.

    I think it’ll improve the value of my website :).

    Here is my webpage: healthy skin care

  22. Maria says

    I conceive other website owners should take this site as
    an model, very clean and great user genial style weight loss and fasting design.

  23. Cheri says

    Link exchange is nothing else however it is just placing the other person’s
    weblog link on your page at proper place and other person will also do same in favor of you.

    my web blog … natural treatment for eczema

  24. Gregorio says

    It’s not my first time to go to see this site, i am browsing this web page dailly and obtain good information from here all the time.

    my web-site healthy skin (

  25. Bryce says

    Some times its a pain in the ass to read what blog owners wrote but this
    site is very user friendly!

    Feel free to visit my page: natural skin

  26. Hudson says

    magnificent put up, very informative. I’m wondering why the
    other experts of this sector do not notice this. You should continue your writing.
    I am sure, you have a great readers’ base already!

    Here is my web page … anti aging skin care

  27. Hollie says

    Rattling superb visual appeal on this web site, I’d rate it 10.

    Visit my homepage: hemp benefits (Joseph)

  28. Nancee says

    It’s awesome designed for me to have a website, which is useful in favor of my knowledge.

    thanks admin

    Look into my site :: fat loss diet

  29. Jina says

    You completed certain nice points there. I did a search on the matter and found
    most people will agree with your blog.

    Check out my site: sexual health

  30. Tammie says

    I visited many blogs but the audio feature for audio songs current at this web page is genuinely fabulous.

    my blog … great sex in marriage (

  31. Victor says

    Thank you, I have just been searching for info about this subject for
    a while and yours is the best I’ve found out till now.
    However, what about the bottom line? Are you certain in regards
    to the supply?

    Also visit my blog … skin products

  32. Victoria says

    I like it when individuals come together and share ideas.
    Great blog, continue the good work!

    Also visit my webpage – libido enhancement

  33. Deena says

    Great post, you have pointed out some great points, I
    also believe this is a very wonderful website.

    My web page – oral sex tips (Nick)

  34. Spencer says

    A lot of thanks for every one of your effort on this website.

    My mum loves working on internet research and it’s simple to grasp why.
    Most of us hear all of the dynamic means you give reliable thoughts on your web site and therefore cause participation from some others on the
    content so our own child is starting to learn so much.
    Enjoy the rest of the new year. You’re the one doing a pretty cool job.[X-N-E-W-L-I-N-S-P-I-N-X]I am extremely inspired with your writing abilities as neatly as with the structure in your weblog.
    Is this a paid topic or did you customize it your self?
    Either way keep up the excellent quality writing,
    it’s uncommon to see a nice weblog like this one today.

    my web blog: calendula oil

  35. Hector says

    I am really loving the theme/design of your web site.

    Do you ever run into any browser compatibility problems?
    A couple of my blog readers have complained about my site not working correctly in Explorer but looks great in Safari.
    Do you have any tips to help fix this problem?

    My homepage: kids smoking

  36. Landon says

    I’m not sure exactly why but this web site is loading very slow for me.
    Is anyone else having this problem or is it a issue on my end?
    I’ll check back later on and see if the problem still exists.

    Also visit my site :: diet plans tend

  37. Grady says

    I love your writing style truly enjoying this site.

    my blog; concerned hemp seed

  38. Chloe says

    I’d constantly want to be update on new content on this web site, saved to

    my web site … great marriage sex (

  39. Cathryn says

    of course like your web-site but you need to take a look at the spelling on several of
    your posts. Several of them are rife with spelling issues and I
    to find it very bothersome to tell the reality on the other hand I will certainly come
    again again.

    my webpage; dry skin care

  40. Josie says

    What’s up to every body, it’s my first pay a quick visit of
    this weblog; this blog consists of awesome and really good stuff designed
    for visitors.

    Have a look at my webpage – Gladis

  41. Jesus says

    This piece of writing will help the internet visitors for creating new webpage
    or even a weblog from start to end.

    Here is my page :: Trey

  42. Francisco says

    certainly like your website but you have to check the spelling on several of your posts.

    Several of them are rife with spelling problems and I find it very bothersome to tell the truth nevertheless I will
    surely come again again.

    Here is my web page … Clarita

  43. Marquis says

    constantly i used to read smaller articles that as well clear their
    motive, and that is also happening with this
    article which I am reading here.

    Feel free to visit my web page; Eloise

  44. Jame says

    It’s appropriate time to make some plans for the future
    and it’s time to be happy. I’ve read this post and if I could I want to suggest you few interesting things or advice.

    Maybe you could write next articles referring to this article.
    I want to read more things about it!

    Here is my homepage Dane

  45. Alonzo says

    I think what you wrote made a bunch of sense. However, think about this, what
    if you were to create a awesome headline? I ain’t saying your
    content isn’t good., but suppose you added
    a headline that makes people desire more? I mean Nigeria
    Generates N472bn as Company Income Tax in Q2 2021 is a little vanilla.
    You ought to peek at Yahoo’s home page and watch how they create news titles to get people
    to open the links. You might add a video or a related
    picture or two to get people interested about what you’ve written. In my opinion, it might make your website a little bit more interesting.

    My web site Candace

  46. Scot says

    Thanks for sharing your thoughts. I truly appreciate your efforts and I will be waiting for your next post thanks
    once again.

    Here is my web-site – Isiah

  47. Harriett says

    Heya i’m for the first time here. I came across this board
    and I find It really useful & it helped me out much. I hope to give something back and help others like you helped me.

    Stop by my web-site :: Juanita

  48. Antje says

    Hi there, always i used to check weblog posts here early
    in the morning, since i enjoy to find out more and more.

    my web site :: Taren

  49. Reda says

    For most recent information you have to pay a visit web and
    on the web I found this web site as a most excellent web page for most up-to-date updates.

    My web blog ::

  50. Norine says

    Hello, Neat post. There’s a problem along with your web
    site in web explorer, would check this? IE still is the market chief
    and a large element of other people will pass
    over your great writing because of this problem.

    Also visit my web page: Christian

  51. Frederick says

    Excellent article. Keep writing such kind
    of information on your site. Im really impressed by it.

    Hey there, You have performed an incredible job. I will certainly digg it
    and in my view suggest to my friends. I am sure they’ll be benefited from this website.

    Feel free to visit my webpage –

  52. Tricia says

    Very good written story. It will be useful to anybody who utilizes
    it, as well as me. Keep doing what you are doing – for sure i will check out
    more posts.

    my web page: coping with eczema

  53. Terence says

    I am commenting to let you understand what a remarkable discovery
    my wife’s child found browsing your blog.
    She discovered so many details, which included what it is like to have
    a wonderful helping mindset to have other folks without difficulty completely grasp chosen extremely tough subject matter.
    You undoubtedly exceeded readers’ expectations.
    I appreciate you for producing the priceless, safe, edifying
    and also fun tips on the topic to Sandra.

    Also visit my web blog … skin care p

  54. Bonnie says

    Valuable information. Lucky me I discovered your web site accidentally, and I am surprised why this accident did
    not took place in advance! I bookmarked it.

    Also visit my web-site; illegal drugs

  55. Maryjo says

    you’re truly a good webmaster. The web site loading speed is incredible.

    It sort of feels that you’re doing any distinctive
    trick. Furthermore, The contents are masterwork.
    you have performed a wonderful job on this matter!

    My website :: personal cannabis seeds

  56. Wallace says

    First off I would like to say excellent blog!

    I had a quick question in which I’d like to ask if you don’t mind.
    I was interested to find out how you center yourself and clear moisturize your skin head
    before writing. I have had trouble clearing my mind in getting my
    thoughts out. I do enjoy writing however it
    just seems like the first 10 to 15 minutes tend to be lost simply just trying to figure out how to begin. Any recommendations
    or tips? Appreciate it!

  57. Wolfgang says

    Wohh just what I was looking for, thank you for putting up.

    Take a look at my homepage … healthy skin

  58. Pat says

    I am not sure where you’re getting your information, but great topic.
    I needs to spend some time learning more or understanding more.
    Thanks for excellent info I was looking for this information for my mission.

    Here is my web-site –;u=926398

  59. Mae says

    Very descriptive blog, I enjoyed that bit. Will there be a part 2?

    Also visit my homepage … high quality treatment

  60. Onita says

    Howdy! I could have sworn I’ve been to this website before but after going through some of the articles I realized it’s new to me.
    Regardless, I’m definitely delighted I found it and I’ll be book-marking it
    and checking back regularly!

    Also visit my website :: skilled drug crime

  61. Phillis says

    I like this post, enjoyed this one thanks for putting up.

    Here is my homepage ::;u=451535

  62. Joie says

    I’m still learning from you, as I’m trying to achieve my goals.

    I definitely enjoy reading all that is written on your website.Keep the information coming.
    I liked it!

    Also visit my site ::

  63. Doreen says

    Hi there! I could have sworn I’ve been to this website before but after going through a
    few of the articles I realized it’s new to me.
    Regardless, I’m certainly pleased I discovered it
    and I’ll be bookmarking it and checking back often!

    Check out my web page …

  64. Lorri says

    Excellent blog here! Also your website loads up very fast!

    What web host are you using? Can I get your affiliate link to your host?
    I wish my website loaded up as fast as yours lol

    Here is my page :: dietrine carb blocker

  65. Cathryn says

    You made various fine points there. I did a search on the subject and found a good
    number of persons will agree with your blog.

    my web page herbal weight loss pills

  66. Kellee says

    Hello. remarkable job. I did not imagine this. This is a fantastic story.

    My web site :: growing mini-course

  67. Cathryn says

    I got this website from my friend who shared with me
    regarding this web site and at the moment this time I am browsing this web site and reading
    very informative articles at this time.

    Have a look at my blog;

  68. Victor says

    It’s awesome to visit this website and reading the views of all
    mates about this paragraph, while I am also eager of getting

    My web page; drug crime

  69. King says

    I was suggested this web site by my cousin. I’m not sure whether this post is written by him as nobody else know such detailed about my problem.
    You are amazing! Thanks!

    Feel free to surf to my web-site; Sonia

  70. not your mother's curl talk says

    Very good post.Really looking forward to read more. Will read on…

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More