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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
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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
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