The National Bureau of Statistics (NBS) has reported a significant increase in road tax payments by Nigerians, with an approximate 63 percent rise in 2023.
According to the NBS’s recently published Internally Generated Revenue report, Nigerians paid a total of N40.14 billion in road taxes in 2023, up from N24.57 billion in 2022—a substantial increase of 63.36 percent.
Notably, the report highlighted that the Federal Capital Territory did not collect any road tax revenue in 2023, which contrasts with the trends observed in other states.
This data reflects the evolving landscape of state finances, with road taxes becoming an increasingly vital source of revenue.
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