Lagos State has solidified its position as the leading contributor to Nigeria's internally generated revenue (IGR), accounting for over one-third of the total N5.15 trillion collected by all 36 states and the Federal Capital Territory (FCT) in 2025. This marks a substantial increase of 40.93% from the previous year's N3.65 trillion.
The National Bureau of Statistics (NBS) reported that Lagos generated N1.77 trillion, which is approximately 34.4% of the national total. This means that for every N100 generated by subnational governments, N34 came from Lagos.
In comparison, Rivers State ranked second with N428.42 billion, followed closely by Enugu with N406.77 billion. Together, these three states accounted for about half of the total IGR, highlighting a significant concentration of revenue generation in just a few regions.
Tax revenue was the primary source of this income, contributing N3.79 trillion, or 73.64% of the national total. The Pay As You Earn (PAYE) tax alone generated N2.64 trillion, making it the largest component of tax collections.
This report underscores the disparities in revenue generation capabilities among Nigeria's states, with some like Yobe and Ebonyi generating as little as N16.01 billion and N17.18 billion, respectively. The data reflects ongoing trends in economic performance across the country.