Lagos State has retained its position as Nigeria’s top revenue-generating state.
Contributing ₦1.26 trillion of the ₦3.6 trillion total IGR recorded nationwide in 2024, according to NBS data.
Lagos State has again emerged as Nigeria’s leading revenue-generating state in 2024, maintaining its long-standing dominance in the National Bureau of Statistics (NBS) Internally Generated Revenue (IGR) ranking.
According to the report released on Monday through the NBS official X handle, the 36 states and the Federal Capital Territory jointly generated about ₦3.6 trillion in IGR for 2024, a 49.7 per cent increase from ₦2.43 trillion recorded in 2023.
Lagos accounted for roughly one-third of the total amount, collecting ₦1.26 trillion. It was followed by Rivers State with ₦317.3 billion, the Federal Capital Territory with ₦282.3 billion, Ogun State with ₦194.9 billion, and Enugu State with ₦180.5 billion.
At the bottom of the ranking were Adamawa, Taraba, Kebbi, Ebonyi, and Yobe States, with Yobe recording the lowest at ₦11.08 billion.
The report showed that tax revenue and income from ministries, departments, and agencies made up the bulk of state earnings. The NBS noted that Pay-As-You-Earn (PAYE) taxes remained the largest contributor, generating ₦1.86 trillion, about 70 per cent of all taxes collected. Capital gains tax was the smallest source with ₦10.57 billion.
Other tax categories included road taxes, stamp duties, direct assessments, and local government revenues.
The latest figures reflect growing efforts by many states to strengthen tax collection systems and reduce dependence on federal allocations. Economic analysts believe the sharp increase in IGR is linked to improved enforcement and digital payment adoption by revenue agencies.
Lagos has consistently ranked first in IGR since 1999 and continues to set the pace for fiscal sustainability among Nigeria’s sub-nationals. The state’s diversified economy and strong private-sector base have made it the country’s most significant contributor to non-oil revenue.
Meanwhile, several other states, including Ogun, Enugu, and Delta, also recorded double-digit growth, showing steady progress in boosting their internally generated income despite economic challenges.
