According to data from the NBS (National Bureau of Statistics), Lagos accounted for about 34% of the total, generating ₦1.769 trillion.
The 2025 total was 40.93% higher than the ₦3.65 trillion recorded in 2024. (National Bureau of Statistics)
Lagos generated more than a third of the total
Lagos remained far ahead of every other state, generating about ₦1.769 trillion.
Rivers came second with ₦428.42 billion, followed by Enugu with ₦406.77 billion.
The FCT generated ₦356.34 billion, while Ogun recorded ₦252.36 billion and Delta ₦202.49 billion.
At the bottom of the table, Yobe generated ₦16.01 billion, Ebonyi ₦17.18 billion and Sokoto ₦20.48 billion.
Lagos alone generated more internally than 22 states combined. Those states generated about ₦909.35 billion together.
Where did the money come from?
Taxes accounted for most of the revenue.
States and the FCT collected about ₦3.79 trillion in tax revenue, while ₦1.36 trillion came from MDAs (Ministries, Departments and Agencies).
PAYE (Pay As You Earn) was the largest source of tax revenue, generating about ₦2.64 trillion, or almost 70% of state-level tax revenue.
Withholding tax generated ₦503.46 billion, while other taxes contributed ₦300.21 billion.
Direct assessment contributed ₦112.65 billion, stamp duties ₦111.57 billion, road taxes ₦49.88 billion and capital gains tax ₦12.40 billion.
Enugu’s rise stands out
Enugu’s IGR rose from about ₦180.50 billion in 2024 to ₦406.77 billion in 2025.
However, most of the 2025 figure came from MDAs rather than taxes. MDA revenue stood at about ₦355.25 billion, while tax revenue was ₦51.52 billion.
The figures show that states can report similar IGR totals while relying on very different revenue sources.
What this means
The increase gives state governments more internally generated funds, but it does not by itself indicate better public services. Spending and accountability remain important.
PAYE’s contribution also highlights the role of formal employment in state revenue.
The 40.93% increase is nominal. Inflation means the additional naira may not represent an equivalent increase in real purchasing power.
