From Isaac Anumihe, Abuja
Lagos State generated the highest Internally Generated Revenue (IGR) among Nigeria’s 36 states and the Federal Capital Territory (FCT) in 2025, with N1.77 trillion, according to the National Bureau of Statistics (NBS).
The NBS said the states and FCT collectively generated N5.15 trillion in IGR during the year, representing a 40.93 per cent increase from the N3.65 trillion recorded in 2024.
The figures were contained in a report published by the NBS yesterday, with data sourced from the Nigeria Revenue Service (NRS).
Lagos was followed by Rivers State with N428.42 billion and Enugu with N406.77 billion.
The FCT generated N356.34 billion, while Ogun recorded N252.36 billion. Other states with significant IGR included Delta, N202.49 billion; Edo, N132.21 billion; Oyo, N103.25 billion; and Kano, N102.26 billion.
At the bottom of the revenue table were Yobe with N16.01 billion, Ebonyi N17.18 billion and Sokoto N20.48 billion.
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Other states among the lowest IGR earners were Taraba, N28.16 billion; Benue, N29.57 billion; Zamfara, N30.07 billion; Kebbi, N31.23 billion; Nasarawa, N32.57 billion; Adamawa, N33.76 billion; and Borno, N36.36 billion.
The report showed that taxes remained the major source of revenue for the states. Pay As You Earn (PAYE) tax accounted for the largest share, generating N2.64 trillion, representing 69.51 per cent of total tax revenue collected during the year.
Other sources of revenue included direct assessment, road taxes, stamp duties and withholding taxes.
Capital gains tax contributed the least, at N12.40 billion.
Overall, tax revenue accounted for 73.64 per cent of the N5.15 trillion generated by the states and FCT in 2025, highlighting the importance of tax collections to the finances of state governments.
The wide gap between the highest and lowest revenue-generating states also shows the differences in the ability of states to raise money from economic activities, businesses and residents within their jurisdictions.

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