How does Combined IGR figures reported for states and FCT affect Lagos State Government?
Lagos State Government recorded N1.77 trillion in internally generated revenue in 2025 The latest National Bureau of Statistics data shows that the Lagos State Government generated N1.77 trillion in internally generated revenue in 2025, marking a 40 per cent increase from the previous year.
- Effect
- Strong positive
- How direct
- Stated in the reporting
- When
- Right away
- The story
- No new developments lately
How it reaches Lagos State Government
-
The National Bureau of Statistics reported that the combined Internally Generated Revenue (IGR) for all 36 states and the Federal Capital Territory reached N5.15 trillion in 2025. This figure represents a 40.93 per cent increase compared to the N3.65 trillion recorded in 2024. Lagos remained the largest contributor, generating N1.77 trillion, which accounted for about 34 per cent of the combined IGR.
The full event1independent outlet -
1 report connects these two. Brind only summarizes; follow a link to read the reporting itself.
- premiumtimesng.com Thursday
-
Executive, legislature and judicial branches of Lagos State, Nigeria
Everything about Lagos State Government
Tap any step to see the evidence behind it.
Why it matters
The figures show that the bulk of internally generated revenue remains concentrated among a relatively small number of sub-national governments. Furthermore, the Lagos State Government has the highest proportion of internally generated revenue in its revenue structure compared to other states.
What would change this answer
Reporting
- premiumtimesng.comThursday
Keep going
Brind's analysis is written by AI from the reporting linked above and can be wrong. It explains possible effects; it is not investment advice.