Lagos generates 45% of N4.15tn subnational IGR, exposing states’ revenue weakness.

Nigeria's subnational fiscal structure continues to reveal weak revenue generation capacity, as a few states contribute a major portion of the total internally generated revenue (IGR). Lagos State alone accounts for 45% of the N4.15 trillion IGR generated by all states, highlighting significant disparities. This concentration underscores the need for other states to improve their revenue generation mechanisms to reduce dependence on federal allocations.

Read More