… Lagos leads with N1.77trn as Yobe, Ebonyi, Sokoto post lowest revenues_
By Joyce Ekeh
The Internally Generated Revenue, IGR, of Nigeria’s 36 states and the Federal Capital Territory, FCT, rose sharply by 40.93 per cent year-on-year to N5.15 trillion in 2025, from N3.65 trillion recorded in 2024.
The latest figure was disclosed yesterday by the National Bureau of Statistics, NBS, in its 2025 Internally Generated Revenue report.
According to the NBS, “The 36 states and the FCT generated a total of N5.15 trillion in 2025, indicating a growth rate of 40.93 percent from N3.65 trillion recorded in 2024.”
Lagos State dominated the revenue table, generating N1.77 trillion during the period, followed by Rivers State with N428.42 billion and Enugu State with N406.77 billion.
At the other end of the table, Yobe State recorded the lowest IGR at N16.01 billion, followed by Ebonyi with N17.18 billion and Sokoto with N20.48 billion.
The figures highlight the wide variation in the revenue-generating capacity of states, with Lagos alone accounting for a substantial portion of the combined IGR generated by the 36 states and the FCT.
The NBS report classified state-generated revenue into two broad categories: Tax Revenue and revenue generated by Ministries, Departments and Agencies, MDAs.
Tax revenue comprises Pay As You Earn, PAYE; Direct Assessment; Road Taxes; Stamp Duties; Capital Gains Tax; Withholding Taxes; other taxes and Local Government Areas, LGAs, revenue.
PAYE dominates tax collection
The bureau said PAYE remained the dominant source of tax revenue, generating N2.64 trillion in 2025.
The amount represented 69.51 per cent of total tax revenue collected by the states and FCT during the period.
Capital Gains Tax, on the other hand, recorded the lowest contribution among the listed tax categories, generating N12.40 billion.
Nationally, tax revenue accounted for 73.64 per cent of total IGR generated by the 36 states and the FCT in 2025.
