Close Menu
Fishe News
  • Home
  • Entertainment
  • National
  • International
  • Tech
  • Politics
  • Sports
  • PMNI
  • More
    • Business
    • Culture
    • Education
    • History
    • Health
  • Featured
    • Fishe Travel
    • Fishe Media
    • Fishe TV
Facebook X (Twitter) Instagram
Trending
  • Framework For The Establishment Of Federal And State Police Services In Nigeria
  • The Trials Of Leadership In National Security: Lessons, Challenges, And Enduring Solutions From Nigeria, Africa, And The Global Arena — Tolulope A. Adegoke, PhD
  • President Tinubu Launches Presidential Task Force On Ebola Preparedness
  • The Hamzat Paradox: Continuity, Change, And The 2027 Lagos Gamble
  • ProvidusUnity Bank Emerges As Supreme Court Approves Landmark Unity Bank–Providus Bank Merger
  • United States Sanctions Armed Group Leaders In Eastern Democratic Republic Of The Congo
  • Airtel, Glo Resume Airtime Lending After Court Halts FCCPC Enforcement
  • Leadership In Africa: Forging A New Era Of Self-Reliance, Unity, And Global Relevance – Pt. 3 — Tolulope A. Adegoke, PhD
X (Twitter) Instagram
Fishe NewsFishe News
Subscribe
Friday, June 12
  • Home
  • Entertainment
  • National
  • International
  • Tech
  • Politics
  • Sports
  • PMNI
  • More
    • Business
    • Culture
    • Education
    • History
    • Health
  • Featured
    • Fishe Travel
    • Fishe Media
    • Fishe TV
Fishe News
Home»Business

Lagos, Rivers, FCT Lead As IGR Rises 49% To N3.63 Trillion

Omolemi EboisetaleBy Omolemi EboisetaleOctober 8, 2025 Business No Comments1 Min Read
Share Facebook Twitter LinkedIn Email WhatsApp

Nigeria’s internally generated revenue (IGR) grew by 49 percent in the first half of 2025, reaching N3.63 trillion compared to N2.43 trillion recorded in the same period of 2024, according to data released by the National Bureau of Statistics (NBS).

The report revealed that Lagos, Rivers, and the Federal Capital Territory (FCT) maintained their lead as the top revenue-generating regions in the country. Lagos State accounted for the highest share, contributing over N1.2 trillion to the national total.

Rivers State followed with N398 billion, while the FCT generated N321 billion during the period under review. Other top-performing states included Ogun, Delta, and Kaduna, all recording significant growth in tax and service-related income.

The NBS explained that the increase in IGR was largely driven by improved tax administration, digital payment systems, and enhanced compliance measures adopted by several state governments.





Meanwhile, states with lower revenue figures such as Yobe, Taraba, and Nasarawa were encouraged to expand their economic base through better investment in productive sectors.

The bureau noted that the consistent growth trend reflected ongoing reforms aimed at boosting fiscal sustainability and reducing dependence on federal allocations.

#Revenue Business Economy FCT Growth Lagos NBS Report rivers
Share. Facebook Twitter LinkedIn WhatsApp
Omolemi Eboisetale
  • Website

Keep Reading

The Hamzat Paradox: Continuity, Change, And The 2027 Lagos Gamble

ProvidusUnity Bank Emerges As Supreme Court Approves Landmark Unity Bank–Providus Bank Merger

Airtel, Glo Resume Airtime Lending After Court Halts FCCPC Enforcement

MTN Moves To Take IHS Towers Private In $2.2 Billion Deal

IN THE NEWS: Trump Directs Nigerians, Other Green Card Applicants To Return Home Countries For Processing

Competing For Africa’s Digital Future

Add A Comment

Comments are closed.

Here is spotlighting many benefits of journeying with either Lagos State’s Blueline or Redline rails for a hassle-free day, week, month and year. Thank God for the Igbega Eko. Together we rise.
https://youtu.be/V67GV8wgyjw

Latest Posts

  • Framework For The Establishment Of Federal And State Police Services In Nigeria
  • The Trials Of Leadership In National Security: Lessons, Challenges, And Enduring Solutions From Nigeria, Africa, And The Global Arena — Tolulope A. Adegoke, PhD
  • President Tinubu Launches Presidential Task Force On Ebola Preparedness
  • The Hamzat Paradox: Continuity, Change, And The 2027 Lagos Gamble
  • ProvidusUnity Bank Emerges As Supreme Court Approves Landmark Unity Bank–Providus Bank Merger
Featured
About Fishe

FISHE was founded with the goal of helping clients thrive in today’s highly competitive marketing environment. While other companies rush to abandon traditional marketing in favour of digital techniques, we’ve bolstered our offline marketing capabilities while also equipping our team with seasoned professional knowledge to support our clients’ digital needs.

Through creative designs, we enhance our clients’ products and services the right way that would attract their target audience, thus, making the perception of their company a reality.

  • LTV 8, Agidingbi Road, Alausa, Ikeja, Lagos.
  • +234 806 003 7277
  • info@gofishe.com
FISHE, Your Best Plug For Bus Stop Shelter Ad

LATEST POSTS

Framework For The Establishment Of Federal And State Police Services In Nigeria

June 11, 2026

The Trials Of Leadership In National Security: Lessons, Challenges, And Enduring Solutions From Nigeria, Africa, And The Global Arena — Tolulope A. Adegoke, PhD

June 11, 2026

President Tinubu Launches Presidential Task Force On Ebola Preparedness

June 11, 2026

The Hamzat Paradox: Continuity, Change, And The 2027 Lagos Gamble

June 10, 2026

ProvidusUnity Bank Emerges As Supreme Court Approves Landmark Unity Bank–Providus Bank Merger

June 4, 2026
Featured

Subscribe to Updates

Get the latest news from FISHE about politics, economy, health and business, etc

Facebook X (Twitter) Instagram Pinterest
© 2026

Type above and press Enter to search. Press Esc to cancel.