The Federal Inland Revenue Service, FIRS generated an all time high revenue of N10.1 trillion for 2022.
Non-oil taxes generated was N5.96 trillion which is 59% of the total collection , while oil tax collection stood at N4.09 trillion which is 41% of total collection.
Companies Income Tax contributed N2.83 trillion, Value Added Tax N2.51 trillion, Electronic Money Transfer Levy N125.67 billion and Earmarked Taxes N353.69 billion.
The amount generated is exclusive of tax waivers which was over N1.8 trillion.
