Enugu led Nigerian states’ revenue growth after subsidy removal — BudgIT
Enugu State in Nigeria recorded the highest growth in actual revenue among the country’s states in 2022–2025. Its revenue increased from 102.68 billion naira in 2022 to 665.85 billion naira in 2025, according to an analysis by BudgIT.
As Premium Times Nigeria reports, Enugu’s nominal average annual revenue growth rate was 86.48%. Abia State ranked second at 66.05%. It was followed by Niger State at 60.47%, Taraba at 54.33%, and Bauchi at 53.87%.
States’ revenues increased
The aggregate revenues of the states covered by the study grew at a nominal average annual rate of 47.57% in 2022–2025. The figure was 53.28% in Edo, 52.89% in Imo, 52.33% in Katsina State, 52.20% in Anambra, and 52.07% in Osun.
In Kogi, Plateau, Oyo, Cross River, Ekiti, and Gombe states, annual revenue growth rates were also around 50% or higher. BudgIT attributed a significant part of the increase to larger allocations through the Federation Account Allocation Committee (FAAC). At the same time, improved internally generated revenue mobilization contributed to higher receipts in some states.
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Lagos retained the largest revenue
Lagos, despite a lower proportional growth rate, remained the state with the largest actual revenue. Its receipts increased from 889.45 billion naira in 2022 to 2.63 trillion naira in 2025. Its average annual growth rate of 43.49% placed the state 22nd among the states for which data were available.
Delta State’s revenue increased from 540.84 billion to 1.45 trillion naira, but its average annual growth rate of 38.90% was below the aggregate figure. The lowest rate was recorded in Nasarawa at 27.94%, followed by Kebbi at 32.59%, Zamfara at 32.69%, Ogun at 32.71%, and Kaduna at 33.55%.
The study covered 34 states, as Akwa Ibom and Rivers were excluded from the comparison due to the absence of complete budget implementation reports. BudgIT noted that revenue growth should be accompanied by transparency, accountability, timely publication of budget reports, open procurement, and public oversight.
