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Lagos, Rivers, Enugu lead as Nigeria’s IGR to N5.15 trillion in 2025

Nigeria’s subnational governments generated a combined N5.15 trillion in Internally Generated Revenue (IGR) in 2025, representing a 40.93% increase from the N3.65 trillion recorded in 2024.

  • Lagos State generated N1.77 trillion in IGR, becoming the largest subnational economy
  • Lagos, Rivers, and Enugu together accounted for 50.6% of Nigeria's total IGR
  • Akwa Ibom saw a 33.04% increase in IGR, ranking 10th nationally

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