Lagos State has emerged as the top revenue generator in Nigeria for 2025, recording Internally Generated Revenue (IGR) of N1.77 trillion, according to a recent report by the National Bureau of Statistics.
The data places Lagos at the forefront of the state revenue table, highlighting its continued dominance in the country's fiscal landscape. The state’s performance reflects its status as the commercial hub of West Africa, where economic activity drives significant tax and non-tax income.
Following Lagos, Rivers State and Enugu State secured the second and third positions, respectively, on the list of top-performing states. While the specific figures for these two states were not detailed in the initial summary, their inclusion in the top tier underscores their significant contribution to the national economy.
The report serves as a key indicator of the economic health of Nigeria’s 36 states, providing a comparative view of how different regions are performing in terms of self-sufficiency and revenue mobilization. States with higher IGR figures are generally considered to have stronger local economies and more robust administrative capacity for collecting taxes.
Analysts often point to Lagos’s high revenue as a result of its dense population, industrial base, and service sector, which collectively generate substantial economic output. The ranking provides a clear hierarchy of fiscal strength among Nigerian states for the current year.
<small>Source: Punch Nigeria — read the original story there.</small>