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    MarketForces Africa » MarketForces News » States, FCT Generate N5.15trn IGR in 2025  

    States, FCT Generate N5.15trn IGR in 2025  

    Olu AnisereBy Olu AnisereSeptember 24, 2026 News No Comments2 Mins Read
    States, FCT Generate N5.15trn IGR in 2025
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    States, FCT Generate N5.15trn IGR in 2025  

    The National Bureau of Statistics (NBS) has reported that the 36 states and the Federal Capital Territory (FCT) collectively generated N5.15 trillion as Internally Generated Revenue (IGR) in 2025. 

    This ‌‍⁠‌‍⁠⁠‌⁠‌⁠⁠⁠⁠⁠⁠‌ is contained in the NBS report on IGR at State Level for 2025 released on Thursday in Abuja. 

    The report said the 2025 IGR grew by 40.93 per cent when compared to the N3.65 trillion recorded in 2024. 

    According to NBS, the 2025 IGR had two major revenue sources – taxes and Ministries, Departments and Agencies (MDAs)’ revenue. 

    The bureau said the taxes sub-category recorded in the period includes Pay As You Earn (PAYE), Direct Assessment, Road taxes, Stamp duties, Capital gains tax, Withholding taxes, Other taxes, and LGAs revenue. 

    According to the report, the leading states in total IGR in 2025 were Lagos, Rivers and Enugu with N1.77 trillion, N428.42 billion and N406.77 billion, respectively. 

    “The three least-performing states during the year are Yobe, Ebonyi and Sokoto with the value of N16.01 billion, N17.18 billion and N20.48 billion, respectively.” 

    The report said PAYE was the most significant tax revenue source in 2025 at N2.64 trillion, which represented 69.51 per cent of the total tax revenue collected. 

    The bureau said capital gains tax generated the least in 2025 with N12.40 billion.  The report said the share of total tax revenue to total IGR stood at 73.64 per cent nationally.  Nigeria’s Total Trade Rises 5.2% in Q2 2026 – NBS

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    Olu Anisere
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    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

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