States, FCT generate N5.15tn IGR in 2025 — NBS

Abdullateef Fowewe

Nigeria’s 36 states and the Federal Capital Territory (FCT) raised a combined ₦5.15 trillion in internally generated revenue (IGR) in 2025, marking a strong 40.93% increase from the ₦3.65 trillion recorded in 2024, according to the National Bureau of Statistics (NBS).

In a report released Thursday, the NBS said, “The 36 states and the FCT generated a total of ₦5.15 trillion in 2025, indicating a growth rate of 40.93% from ₦3.65 trillion recorded in 2024.”

Lagos State continued its long dominance, generating ₦1.77 trillion more than a third of the national total.

Rivers State followed with ₦428.42 billion, Enugu with ₦406.77 billion, the FCT with ₦356.34 billion, and Ogun State with ₦252.36 billion.

At the lower end, Yobe recorded the smallest figure among the jurisdictions.

Tax revenue made up the bulk of collections (about ₦3.79 trillion), while Ministries, Departments and Agencies (MDAs) contributed roughly ₦1.36 trillion.

Pay-As-You-Earn (PAYE) was the single largest source.

Internally generated revenue refers to money states raise themselves through taxes, levies, fees and other non-federal sources, rather than depending on monthly allocations from the Federation Account Allocation Committee (FAAC).

For years, most Nigerian states have relied heavily on these federal transfers, which are largely oil-driven.

Successive governments have pushed for stronger IGR performance to improve fiscal independence, especially after the removal of fuel subsidies and broader economic reforms that increased pressure on state budgets.

The 2025 figures build on earlier growth.

In 2024, states and the FCT already posted a then-record ₦3.63–3.65 trillion.

Lagos has consistently led the rankings for more than a decade thanks to its position as the country’s commercial and financial hub.

The latest data suggest improved tax administration, digital collection systems and expanded economic activity contributed to the nationwide jump.