This is according to the NBS Company Income Tax Q4 2022 Report released in Abuja on Wednesday.
The report said local payments received were N353.90 billion, while foreign CIT payments contributed N399.98 billion in Q4 2022. “This was followed by activities of households as employers, undifferentiated goods- and services-producing activities of households for own use at 45.19 per cent. In terms of sectoral contributions, the report showed that the top three largest shares in Q4 2022 were manufacturing at 31.20 per cent, financial and insurance activities at 12.96 per cent and Information and communication activities at 12.77 per cent.