According to the report, this shows a growth rate of 1.96 per cent on a quarter-on-quarter basis from N588.59 billion in Q1 2022.
The report said the local payments recorded were N359.12 billion, while foreign VAT payments contributed N111.13 billion in Q2 2022. It said on a quarter-on-quarter basis, electricity, gas, steam, and air conditioning supply recorded the highest growth rate with 116.47 percent, followed by accommodation and food service activities with 42.44 percent
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