Lagos generated the highest amount at N1.77 trillion, accounting for about 34.4 per cent of the total, followed by Rivers with N428.42 billion and Enugu with N406.77 billion. Yobe, Ebonyi and Sokoto recorded the lowest revenues at N16.01 billion, N17.18 billion and N20.48 billion respectively.
Tax revenue accounted for 73.64 per cent of total IGR, with Pay As You Earn contributing N2.64 trillion, or 69.51 per cent of all tax revenue collected. Capital gains tax recorded the smallest tax contribution at N12.40 billion.
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Summary
Nigeria’s 36 states and the Federal Capital Territory generated N5.15 trillion in internally generated revenue in 2025, up 40.93% from N3.65 trillion in 2024. Internally Generated Revenue across Nigeria’s 36 states and the Federal Capital Territory rose by 40.93 per cent to N5.15 trillion in 2025, compared with N3.65 trillion recorded in 2024.Lagos generated the highest amount at...
Key takeaways
- Nigeria’s 36 states and the Federal Capital Territory generated N5.15 trillion in internally generated revenue in 2025, up 40.93% from N3.65 trillion in 2024.
- Internally Generated Revenue across Nigeria’s 36 states and the Federal Capital Territory rose by 40.93 per cent to N5.15 trillion in 2025, compared with N3.65 trillion recorded in 2024.Lagos generated the highest amount at N1.77 trillion, accounting for about 34.4 per cent of the total, followed by Rivers with N428.42 billion and Enugu with N406.77 billion.
- Yobe, Ebonyi and Sokoto recorded the lowest revenues at N16.01 billion, N17.18 billion and N20.48 billion respectively.Tax revenue accounted for 73.64 per cent of total IGR, with Pay As You Earn contributing N2.64 trillion, or 69.51 per cent of all tax revenue collected.
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What is this story about?
Nigeria’s 36 states and the Federal Capital Territory generated N5.15 trillion in internally generated revenue in 2025, up 40.93% from N3.65 trillion in 2024. Internally Generated Revenue across Nigeria’s 36 states and the Federal Capital Territory rose by 40.93 per cent to N5.15 trillion in 2025, compared with N3.65 trillion recorded in 2024.Lagos generated the highest amount at...
Who published this story?
Glow 99.1 FM published this story with Babatunde Ademola Fadewo listed as author.
When was it published?
September 25, 2026
