Nigeria’s revenue service (NRS) says the government’s 2026 target of generating about N40 trillion is at risk. In its warning, the NRS links the threat to persistent tax leakages and weaknesses in tax administration and compliance across parts of the public sector.
According to the reports, the NRS cites delayed remittances and weak compliance by some government institutions and sub-national entities as key factors reducing expected revenue. Both outlets attribute the warning to the NRS and describe how losses from tax leakages undermine the federation’s ability to reach its planned revenue figure.
While the target is framed as ambitious, the NRS indicates that shortcomings in collection and remittance processes are affecting performance. The two accounts do not provide specific data on the size of the leakages or identify which agencies or states are most affected, but they present the warning as a caution that existing practices could prevent Nigeria from meeting the 2026 revenue goal.
