Rivers State collected ₦317,303,986,832.38 in internally generated revenue (IGR) in 2024, securing second place among Nigeria’s sub-national entities, according to the latest data from the National Bureau of Statistics (NBS).
The NBS released its “Internally Generated Revenue at State Level 2024” report on Monday, October 6, 2025, via its official X account. The document shows that Nigeria’s 36 states and the Federal Capital Territory (FCT) collectively amassed ₦3.6 trillion in IGR last year—a robust 49.7 percent increase from the ₦2.43 trillion recorded in 2023. This growth underscores improved tax collection and economic activities across the federation.
Lagos State dominated the rankings once again, generating ₦1,261,556,415,048.56—over one-third of the national total—and retaining its crown as the top performer. The FCT followed Rivers in third place with ₦282,364,055,025.74, while Ogun and Enugu rounded out the top five at ₦194,933,884,872.57 and ₦180,500,141,598.36, respectively.
IGR comprises two main streams: tax revenue and earnings from ministries, departments, and agencies (MDAs). Taxes, which made up the bulk, included Pay As You Earn (PAYE) at ₦1.86 trillion (69.84 percent of total taxes), direct assessments, road taxes, stamp duties, capital gains (the lowest at ₦10.57 billion), withholding taxes, and local government contributions.
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At the other end, Yobe State lagged with just ₦11,084,367,202.33, followed by Ebonyi (₦13,177,829,475.63), Kebbi (₦16,971,704,831.43), Taraba (₦17,460,514,087.44), and Adamawa (₦20,298,222,818.56).
It bears mentioning that the report highlights ongoing efforts to boost non-oil revenue amid economic reforms. Economists note that sustained investments in infrastructure and digital tax systems could further narrow gaps between high- and low-performing states.
