Lagos State generated more Internally Generated Revenue (IGR) than 22 other Nigerian states combined in 2025, according to data released by the National Bureau of Statistics (NBS).
The NBS reported that Lagos generated ₦1.77 trillion in IGR during the year, while the 22 states ranked from Katsina to Yobe collectively generated ₦909.35 billion.
The figures were contained in the NBS 2025 Internally Generated Revenue Report, which showed that Nigeria’s 36 states and the Federal Capital Territory generated a combined ₦5.15 trillion in IGR in 2025. This represents a 40.93 per cent increase from the ₦3.65 trillion recorded in 2024.
Lagos recorded the highest IGR among all states and the FCT, followed by Rivers with ₦428.42 billion and Enugu with ₦406.77 billion. The FCT ranked fourth with ₦356.34 billion, while Ogun generated ₦252.36 billion.
Other leading states included Delta with ₦202.49 billion, Edo with ₦132.21 billion, Oyo with ₦103.25 billion, Kano with ₦102.26 billion and Akwa Ibom with ₦100.80 billion.
The 22 states with the lowest figures collectively generated about ₦909.35 billion. They were Katsina, Ondo, Cross River, Ekiti, Anambra, Osun, Bauchi, Bayelsa, Plateau, Gombe, Kogi, Imo, Borno, Adamawa, Nasarawa, Kebbi, Zamfara, Benue, Taraba, Sokoto, Ebonyi and Yobe.
According to the NBS, Lagos’ ₦1.77 trillion was approximately ₦859.85 billion higher than the combined revenue of those 22 states.
Overall, the top 15 jurisdictions generated more than ₦4.24 trillion during the year.
The NBS said the total IGR comprised revenue from taxes as well as revenue generated by Ministries, Departments and Agencies (MDAs).
Tax revenue accounted for ₦3.79 trillion, while MDAs generated ₦1.36 trillion. Pay-As-You-Earn (PAYE) tax contributed ₦2.64 trillion, followed by withholding tax at ₦503.46 billion.
Other revenue sources included direct assessment, which generated ₦112.65 billion; stamp duties, ₦111.57 billion; road taxes, ₦49.88 billion; and capital gains tax, ₦12.40 billion.
The NBS reported that the combined IGR of the 36 states and the FCT stood at ₦5.149 trillion in 2025.
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