The Federal Government has reported a significant boost in revenue performance, announcing that it generated ₦20.59 trillion between January and August 2025. This represents a 40.5 percent increase compared to the ₦14.6 trillion collected within the same period in 2024.
According to official figures, non-oil revenue was the major driver of this growth, contributing ₦15.69 trillion—about three-quarters of total earnings. The Presidency described this as one of Nigeria’s strongest fiscal performances in recent years.
However, despite the improved revenue inflows, reports indicate that the government is considering securing a fresh $1.75 billion loan from the World Bank. While this plan has been mentioned in some local outlets, it is yet to be officially confirmed by the Presidency or international financial institutions.
Analysts note that the move, if true, could spark debates about Nigeria’s rising debt profile, especially at a time the country is recording stronger revenue collections.
For now, what is clear is that Nigeria’s revenue performance has reached historic levels, but questions remain on whether borrowing remains necessary to meet fiscal obligations.
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