Nigeria VAT Rates 2026
Nigeria levies Value Added Tax as VAT (Value Added Tax). The standard rate is 7.5%, applied to most goods and services. Nigeria applies a single flat rate with no reduced rates.
Current rates — 2026
| Type | Rate | Applies to |
|---|---|---|
| Standard | 7.5% | Most goods and services |
| Zero-rated | 0% | Basic food items, medical and pharmaceutical products, educational materials, exports |
Registration and filing
| Registration threshold | NGN 25,000,000₦25 million annual turnover; the 2026 tax acts expanded small-business exemptions further |
| Tax authority | Nigeria Revenue Service (formerly FIRS) |
| Filing frequency | Monthly returns, due by the 21st of the following month |
Access rates via API
The TaxID API returns current VAT and GST rates for 200+ countries and territories. Use the /api/v1/rates/NG endpoint to get Nigeria data programmatically. Responses are cached for 24 hours.
curl http://localhost:3000/api/v1/rates/NG
# No authentication required for rate lookups
# Response:
# { "country_code": "NG", "tax_type": "vat",
# "standard_rate": 7.5, "reduced_rates": [0],
# "currency": "NGN", "last_updated": "2026-01-01" }Fetching the rate in code
// Fetch current Nigeria VAT rates (no auth required)
const rates = await fetch('http://localhost:3000/api/v1/rates/NG').then(r => r.json());
// → { standard_rate: 7.5, reduced_rates: [0],
// currency: 'NGN' }
applyRate(rates.standard_rate);About Nigeria VAT
Nigeria's 7.5% is one of the lowest VAT rates in the world, and the sweeping 2026 Tax Reform Acts kept it there after a proposed increase was dropped in parliament. The reform still changed the system fundamentally: input VAT can now be recovered on services and fixed assets (previously only on resold goods), essentials were zero-rated rather than exempted, and the federal tax agency was rebranded the Nigeria Revenue Service. VAT revenue is shared between federal, state and local governments under a contested derivation formula.
VAT in Nigeria is administered by the Nigeria Revenue Service (formerly FIRS).
Sources: PwC Worldwide Tax Summaries · Nigeria Revenue Service (accessed Jun 2026)
Rate history
- 2020Rate raised from 5% to 7.5% in the Finance Act
- 2026Tax Reform Acts retained 7.5% but allowed full input VAT recovery and zero-rated more essentials
Frequently asked questions
What is the VAT rate in Nigeria in 2026?
7.5% — the 2026 Tax Reform Acts kept the rate but zero-rated more essentials and allowed full input VAT recovery.
What changed in Nigerian VAT under the 2026 reform?
Input VAT is now recoverable on services and capital assets, basic food and medicines moved to 0%, and FIRS became the Nigeria Revenue Service.
Related concepts and guides: