It explained that what was realised in the third quarter was less compared to N311.94 billion generated in the second quarter of 2019.
The NBS report indicated that the sum of N273.50 billion was generated in the third quarter of 2018 representing 11.81 per cent decrease Quarter-on-Quarter and 0.59 per cent increase Year-on-Year.
It further explained that professional services generated the highest amount of VAT with N32.09bn.
According to NBS, after professional services, manufacturing is next, which generates N30.27billion, then Commercial and Trading with N14.47billion.
The bureau disclosed that mining generated the least and closely followed by Textile and Garment Industry and Pharmaceutical, Soaps & Toiletries with N44.30 million, N253.83million and N291.06 million respectively.
The NBS noted that out of the total amount generated in the third quarter 2019, N150.74 billion was generated as Non-Import VAT locally while N63billion was realised as Non-Import VAT for foreign.
It added that the balance of N61.37 billion was gotten as Nigeria Customs Service NCS-Import.