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Tag: IGR

featured Finance

States’ IGR hit ₦5.15trn in 2025, Lagos leads

Internally Generated Revenue for Nigeria’s 36 states and the Federal Capital Territory climbed by 40.93 per cent year-on-year to N5.15 trillion in 2025, up from N3.65 trillion recorded in 2024. This is according to the National Bureau of Statistics, which released its IGR report for 2025 on Thursday, revealing that Lagos State alone accounted for […]

Finance

States’ IGR rose 34% to ₦2.43tn in H1

The Internally Generated Revenue of Nigerian states rose by 34 per cent to N2.43tn in the first half of 2026, up from N1.815tn recorded in the comparable period of 2024, as sub-national governments gained access to more funds despite worsening economic pressures on households. The PUNCH reported that 35 states, excluding Rivers State, generated a […]

IGR
featured Finance

Lagos revenue hit ₦2.6trn in 2025 — Commissioner

Lagos State recorded a total revenue of N2.6 trillion in 2025, marking a 16 per cent increase from the N2.3 trillion generated in 2024. The Commissioner for Finance, Abayomi Oluyomi, disclosed this figure on Friday during a press briefing held in Alausa, Ikeja, according to The PUNCH. The briefing formed part of activities commemorating the […]

featured News

Otu attributes Cross River gains to sealed IGR leakages

Cross River State Governor Senator Bassey Otu has credited the successes of his administration to the effective sealing of leakages in the state’s Internally Generated Revenue. He stated that once all ongoing efforts come to full fruition, the state will achieve self-sufficiency and reduce its dependence on federal allocations. The governor made these remarks during […]

IGR to provide N300bn of Enugu's N521bn 2024 budget - Mbah
featured Finance

Enugu records ₦406.7bn IGR in 2025, targets ₦870bn in 2026

The Enugu State Government recorded N406.77 billion in Internally Generated Revenue in 2025, the Enugu State Internal Revenue Service has announced. Of the total amount, tax revenue accounted for N51.5 billion, representing 12.6 per cent, while non-tax revenue stood at N355.2 billion, representing 87.4 per cent of the total IGR. The government recalled that although […]

Over 160,000 benefited from Tinubu's transport subsidy - Alake
News

Solid minerals ministry surpasses N50bn 2025 IGR target

The Ministry of Solid Minerals Development has generated over N50 billion in Internally Generated Revenue for 2025, significantly surpassing the N38 billion figure recorded in 2024. The Minister, Mr. Dele Alake, confirmed this notable achievement on Friday while officially unveiling the One-Gov Cloud digitisation project at the Mining Cadastre Office headquarters in Abuja. He explained […]

Zamfara state map
featured Finance

Zamfara recorded ₦358.9bn revenue in 2024 — Report

The Zamfara State Government recorded a total revenue of ₦358.9 billion in 2024, representing 82 per cent of its approved revenue projection of ₦437 billion, according to the State Auditor-General, Abubakar Danmaliki. Danmaliki made this disclosure in Gusau on Thursday during the presentation of the 2024 Citizens’ Accountability Report, highlighting the administration’s fiscal performance. He […]

IGR
Opinion

Nigerians not feeling increased IGR impact, Labour, opposition slam govt

The surge in subnational revenue has drawn mixed reactions from stakeholders nationwide, including labour union leaders and opposition parties, many of whom have criticised poor revenue management and the neglect of key projects at both federal and state levels. This follows Monday’s release of Internally Generated Revenue data by the National Bureau of Statistics, showing […]

Lenovo's revenue drops 24% over low PC demand
Finance

Bauchi’s IGR rises from N300m to over N2bn — Commissioner

The Bauchi State government has said that it has significantly improved its Internally Generated Revenue from less than N300 million at inception to over N2 billion, with a target of N3 billion before the end of 2025. The State Commissioner of Finance, Dr. Yakubu Adamu, disclosed this while presenting the government’s tenure report during the […]

How Edo IGR rose by 40% to N62bn in 2023 - Panel
Business

How Edo IGR rose by 40% to N62bn in 2023 – Panel

Edo State’s Internally Generated Revenue increased by more over 40% to N62 billion in 2023, from N45 billion the previous year. According to The PUNCH, the Chairman of the Edo Taskforce on Internally Generated Revenue, Osagie Inegbedion, announced this at a press briefing held in Benin City, the capital of Edo State, following the 2024 EIRS Management Performance […]

Ekiti monthly IGR increases to N1b - Govt
News

Ekiti monthly IGR increases to N1b – Govt

  By Wilson Adekumola   Ekiti State Government has disclosed that its monthly Internally Generated Revenue has increased from N650 million to over N1billion without overburdening the citizens. According to the Nation, this was made known by the Chairman, Ekiti State Internal Revenue Services, Mr Olaniran Olatona, in Ado-Ekiti while briefing reporters on the activities […]

IGR
News

Lagos, Rivers, FCT maintain IGR dominance — Report

The National Bureau of Statistics has said Lagos, Rivers, and the Federal Capital Territory lead the other states in terms of internally generated revenue in 2022, just like they did in 2021.   According to the NBS report on Internally Generated Revenue At the State Level for 2022, Lagos, Rivers and FCT generated ₦651,145,633,085.30, ₦172,823,232,535.44, […]

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