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From Nigeria's Combined State IGR Rises 40.93% to N5.15 Trillion in 2025

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.

Reported by 2 independent outlets Written Sep 25
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How it reaches Lagos State Government

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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.

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What would change this answer

The government maintains this high rate of revenue collectionThe financial stability and operational capacity of the Lagos State Government will be reinforced
The revenue growth slows significantly in the next reporting periodThe reliance of the Lagos State Government on federal allocations may increase

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  • About National Bureau of Statistics

    Does the National Bureau of Statistics data account for all sources of internally generated revenue, or are there other factors influencing the reported figures?

  • About Nasarawa State

    How does Nasarawa State's proportion of internally generated revenue compare to Lagos State's, given the trend of concentration among a few states?

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The full eventNigeria's Combined State IGR Rises 40.93% to N5.15 Trillion in 2025 Everything aboutLagos State Government

Brind's analysis is written by AI from the reporting linked above and can be wrong. It is not investment advice; do your own research.