Lagos leads as states, FCT generate N5.15tn IGR in 2025
The 36 states of the federation and the Federal Capital Territory, FCT, generated N5.15tn in Internally Generated Revenue, IGR, in 2025, representing a 40.93 per cent increase from the N3.65tn recorded in the previous year. The National Bureau of Statistics, NBS, disclosed this in its 2025 Internally Generated Revenue Report released on Thursday. Lagos State […] Lagos leads as states, FCT…
In 2025, the 36 states of Nigeria and the Federal Capital Territory (FCT) generated a combined Internally Generated Revenue (IGR) of N5.15tn, marking a 40.93% increase from the previous year's N3.65tn. According to the National Bureau of Statistics (NBS), Lagos State led the pack with N1.77tn, followed by Rivers State with N428.42bn and Enugu State with N406.77bn.
The FCT secured the fourth position with N356.34bn, while Ogun State claimed the fifth spot with N252.36bn. Delta State generated N202.49bn, Edo N132.21bn, and Oyo N103.25bn rounded out the top ten. At the bottom of the list were Ebonyi with N17.18bn and Yobe with N16.01bn. Tax revenue constituted N3.79tn of the total IGR, with Pay-As-You-Earn (PAYE) being the largest contributor at N2.64tn, followed by withholding tax at N503.46bn.
Other taxes, direct assessment, stamp duties, road taxes, and capital gains tax contributed N300.21bn, N112.65bn, N111.57bn, N49.88bn, and N12.40bn, respectively. Local government revenue amounted to N65.82bn, and MDA revenue totaled N1.36tn, adding up to the combined IGR of N5.149tn for the 37 jurisdictions in 2025.
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