Nigeria's electricity, gas, steam, and air conditioning supply sector paid N62.12 billion in Company Income Tax (CIT) in 2025. The figure reflects tax contributions from firms operating in the power and energy distribution space during the year. The data was reported by Nairametrics, citing official disclosures. The sector, which has faced longstanding challenges including infrastructure deficits and revenue collection inefficiencies, recorded the tax contribution despite ongoing reform efforts. Companies within the space are required to remit CIT under the supervision of the Federal Inland Revenue Service (FIRS). The N62.12 billion represents a segment of total corporate tax collections across all sectors nationally. No comparative figures from previous years were provided in the report. The power sector includes generation companies, transmission operators, and distribution firms licensed under the Nigerian Electricity Regulatory Commission (NERC). Tax compliance among energy firms remains a monitored metric as the government seeks to boost internally generated revenue. The sector's performance in tax contribution comes amid continued debates over tariff structures and operational sustainability.
Naija News