Lagos generated more IGR than 22 states combined in 2025 — NBS

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Lagos State generated more Internally Generated Revenue than 22 other states combined in 2025, according to the National Bureau of Statistics.

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The state generated N1.77tn during the year, while the 22 states ranked below the top 15 jurisdictions collectively generated N909.35bn.

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The NBS disclosed this in its 2025 Internally Generated Revenue Report, which showed that the 36 states and the Federal Capital Territory generated a combined N5.15tn in 2025, representing a 40.93 per cent increase from N3.65tn recorded in 2024.

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Lagos’ N1.77tn was the highest revenue recorded by any state or the FCT during the year.

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Rivers followed with N428.42bn, while Enugu recorded N406.77bn. The Federal Capital Territory generated N356.34bn, while Ogun State recorded N252.36bn.

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Delta was next with N202.49bn, followed by Edo with N132.21bn, Oyo with N103.25bn, Kano with N102.26bn and Akwa Ibom with N100.80bn.

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The NBS data showed that Lagos’ revenue was more than the combined revenue of the 22 jurisdictions from Imo to Yobe in the ranking.

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The 22 states and their 2025 IGR figures were:

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1. Katsina — N64.29bn
n2. Ondo — N60.32bn
n3. Cross River — N58.64bn
n4. Ekiti — N57.09bn
n5. Anambra — N57.03bn
n6. Osun — N56.84bn
n7. Bauchi — N52.79bn
n8. Bayelsa — N50.30bn
n9. Plateau — N45.10bn
n10. Gombe — N43.96bn
n11. Kogi — N43.94bn
n12. Imo — N43.65bn
n13. Borno — N36.36bn
n14. Adamawa — N33.76bn
n15. Nasarawa — N32.57bn
n16. Kebbi — N31.23bn
n17. Zamfara — N30.07bn
n18. Benue — N29.57bn
n19. Taraba — N28.16bn
n20. Sokoto — N20.48bn
n21. Ebonyi — N17.18bn
n22. Yobe — N16.01bnn

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Together, the 22 states generated about N909.35bn, meaning Lagos’ N1.77tn was about N859.85bn higher than their combined revenue.

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Beyond Lagos, the NBS report showed that the top 15 jurisdictions generated a combined amount of more than N4.24tn.

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Rivers’ N428.42bn was the second-highest figure, while Enugu’s N406.77bn placed the South-East state third overall.

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The FCT ranked fourth with N356.34bn, followed by Ogun, Delta, Edo, Oyo, Kano, Akwa Ibom, Kwara, Kaduna, Abia, Jigawa and Niger.

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At the bottom of the table, Yobe generated N16.01bn, while Ebonyi recorded N17.18bn and Sokoto N20.48bn.

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The NBS said the total revenue comprised tax revenue and revenue generated by Ministries, Departments and Agencies.

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Tax revenue stood at N3.79tn, while MDAs generated N1.36tn.

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PAYE accounted for N2.64tn of the tax revenue, followed by withholding tax at N503.46bn and other taxes at N300.21bn.

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The report also showed that direct assessment generated N112.65bn, stamp duties N111.57bn, road taxes N49.88bn and capital gains tax N12.40bn.

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Overall, the 36 states and the FCT generated N5.149tn in 2025.

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