{
  "id": 13895037,
  "title": "States, FCT collect N2.64 trillion taxes from workers as PAYE jumps 40.3%",
  "url": "https://urgent.news/2026/10/12/states-fct-collect-n2-64-trillion-taxes-from-workers-as-paye-jumps-40",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-12T06:39:20.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/10/12/states-fct-collect-n2-64-trillion-taxes-from-workers-as-paye-jumps-40-3/"
  },
  "original_language": "en",
  "account": "In 2025, Nigeria's 36 states and the Federal Capital Territory (FCT) generated N2.64 trillion in Pay-As-You-Earn (PAYE) tax, marking a 40.4% increase from N1.88 trillion in 2024, according to the National Bureau of Statistics (NBS). PAYE constituted 69.5% of the total N3.79 trillion in tax revenue generated by states and the FCT that year. Total taxes collected by states rose 41.2% to N3.79 trillion from N2.69 trillion, as states intensified tax collections in response to higher salaries and wages aligned with the new minimum wage and market conditions. PAYE remained the largest source of tax revenue for states and the FCT in 2025.",
  "summary": "Nigeria’s 36 states and the Federal Capital Territory (FCT) collected N2.64 trillion in Pay-As-You-Earn (PAYE) tax in 2025, up 40.4% from N1.88 trillion in 2024. The post States, FCT collect N2.64 trillion taxes from workers as PAYE jumps 40.3% appeared first on Nairametrics .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}