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    MarketForces Africa » MarketForces News » Nasarawa Targets N5 billion Monthly IGR in 2026—Official

    Nasarawa Targets N5 billion Monthly IGR in 2026—Official

    Julius AlagbeBy Julius AlagbeJanuary 5, 2026 News No Comments3 Mins Read
    Nasarawa Targets N5 billion Monthly IGR in 2026—Official
    Abdullahi Sule, Nasarawa State Governor
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    Nasarawa Targets N5 billion Monthly IGR in 2026—Official

    The Nasarawa State Government has expressed its determination to increase its Internally Generated Revenue (IGR) to N5 billion per month in 2026 as part of its “Budget of Strategic Consolidation”.

    Haj. Munira Abdullahi, the State Commissioner for Budget and Economic Planning, stated this in Lafia on Monday during a ministerial briefing organised by Dr Ibrahim Tanko, Commissioner for Information, Culture, and Tourism.

    The briefing is to enable government officials to showcase their achievements. The commissioner, represented by Mr Peter Akolo, Director of Budget in the ministry, said the budget, valued at N545.2 billion, prioritises infrastructure development, job creation, and social services to improve citizens’ quality of life.

    She explained that the government had set the ball rolling to expand its revenue base to reduce its dependence on Federal allocation towards ensuring effective and logical implementation of the budget for the benefit of the people of the state.

    The Commissioner noted that the state had put in place a robust mechanism to take advantage of the component of royalties and haulage revenues from the Solid minerals deposits in the state to boost its IGR.

    “We have a data-based approach and have begun a process to group all illegal miners in the state into cooperative societies, register them and ensure that they pay the desired tax as part of our efforts to boost our IGR.

    “The ministry will rigorously monitor and track the implementation of all projects, programmes and policies outlined in the budget.

    “We generated over N52 billion as IGR in 2025 as a state and we intend to exceed that in 2026 with a target of N5 billion every month, targeting N60 billion in the year,” she added.

    On the implementation of the new tax regime, the commissioner said that the state government had put machinery in motion to domesticate it to ensure its full implementation.

    On his part, Tanko, Commissioner for Information, Culture and Tourism, said that his ministry had created a lot of avenues, including the ministerial briefing, to enlighten, educate and inform the public about the policies, programmes and projects embarked  by the present administration in the state.

    He highlighted that his ministry was working in collaboration with the State Revenue Service to ensure that all hoetels in the state begin the payment of the necessary tax to the government.

    The Commissioner explained that people should endeavour to pay their taxes to enable the government to deliver the dividends of democracy to the people of the state.

    Tanko further explained that the government had allocated more than N30 billion for the construction of four flyovers and four underpasses at Akwanga, Keffi and Mararaba, Karu Local Government Areas alone to ease traffic congestion in the benefiting areas.

    The Commissioner further explained that the 2026 budget is the biggest in the history of the state, aimed at consolidating on the progress being made and enabling the government to complete all ongoing projects to avoid project abandonment.

    He also called on the public, especially those from communities where schools and other facilities are provided, to take ownership and ensure their protection against criminals, vandals and saboteurs

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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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