By Elizabeth Adegbesan
LAGOS — Internally Generated Revenue, IGR, of Nigeria’s 36 states and the Federal Capital Territory, FCT, rose by 4093 per cent year-on-year to N5.15 trillion in 2025 from N3.65 trillion in 2024.
The National Bureau of Statistics, NBS, disclosed this in its 2025 Internally Generated Revenue report released on Thursday
According to the bureau, “the 36 states and the FCT generated a total of N515 trillion in 2025, indicating a growth rate of 40.93 percent from N3.65 trillion recorded in 2024.”
Lagos recorded the highest IGR at N177 trillion, followed by Rivers with N428.42 billion and Enugu with N406.77 billion.
At the other end of the scale, Yobe recorded the lowest IGR at N1601 billion, followed by Ebonyi with N17.18 billion and Sokoto with N20.48 billion.
The NBS said state and FCT IGR comprised two broad categories: tax revenue and revenue generated by Ministries, Departments and Agencies, MDAs
The tax components included Pay As You Earn, PAYE; direct assessment; road taxes; stamp duties; capital gains tax; withholding taxes; other taxes; and Local Government Areas, LGAs, revenue
PAYE accounted for the largest share of tax revenue, generating N264 trillion, representing 69.51 per cent of total tax revenue collected during the period.
Capital gains tax recorded the lowest contribution at N1240 billion.
The bureau said tax revenue accounted for 7364 per cent of total IGR generated by the states and FCT in 2025.