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general2026-05-23Updated 2026-07-05

Lagos revenue hit N2.6tn in 2025, IGR rose by 18.5% – Official

Source: Punch Business

By PolicyStreet Editorial Desk

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POLICYSTREET brief

Lagos State generated a total revenue of N2.6 trillion in 2025. The internally generated revenue (IGR) increased by 18.5% during the year. This growth shows the state's ability to raise funds locally, which can support public services and development projects. The report highlights Lagos government's financial performance, which affects residents and businesses in the state.

Number to watch

N2.6 trillion total revenue in 2025; 18.5% IGR growth

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