Nigeria's States Generate N5.15 Trillion in Revenue
In 2025, the 36 states and the Federal Capital Territory of Nigeria generated a total of N5.15 trillion in internally generated revenue (IGR), as reported by the National Bureau of Statistics (NBS). This figure marks a significant increase of 40.93% from N3.65 trillion in 2024, indicating an additional N1.50 trillion in revenue within a year.
Tax revenue constituted N3.79 trillion, or 73.64% of the total IGR, with the Pay As You Earn (PAYE) tax being the largest contributor at N2.64 trillion, which is 69.51% of all tax revenue and about 51.3% of the total IGR. The report highlighted that Lagos generated the highest IGR at N1.77 trillion, accounting for approximately 34% of the national total.
Rivers and Enugu followed with N428.42 billion and N406.77 billion, respectively. The report also revealed disparities in revenue generation among states, with Yobe recording the lowest IGR at N16.01 billion.
Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.
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