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Nigeria’s 2022 State Revenue Rankings: Who’s Leading and Who’s Catching Up

The National Bureau of Statistics (NBS) reported that in 2022, a total of N1.93 trillion was generated as Internally Generated Revenue (IGR) across all 36 states in Nigeria, including the Federal Capital Territory (FCT).

The top-performing states in IGR were Lagos, Rivers, and the FCT, with N651.2 billion, N172.8 billion, and N124.4 billion, respectively. On the other hand, the states with the lowest IGR were Kebbi, Taraba, and Yobe, bringing in N9.1 billion, N10.2 billion, and N10.5 billion, respectively.

NBS pointed out that various types of taxes contributed to this revenue, including pay-as-you-earn (PAYE), direct assessment, road taxes, stamp duties, capital gain tax, withholding taxes, other taxes, and Local Government Areas (LGAs) revenue. PAYE was the most significant contributor, accounting for 67.62% of the total tax revenue generated across the country. In contrast, capital gains tax made up the smallest portion at 0.24%.

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Additionally, Oyo, Lagos, and Jigawa emerged as the top three states with the highest LGA revenue, reporting N11.83 billion, N11.51 billion, and N8.70 billion, respectively.

This data provides valuable insights into the economic activities and tax revenue contributions across Nigerian states in 2022, shedding light on the financial landscape of the country. It’s a significant indicator of each state’s economic health and financial performance.

See full of states IGR in 2022 below:

1. Lagos – N651.2bn

2. Rivers – N172.8bn

3. FCT – N124.4bn

4. Ogun – N120.6bn

5. Delta – N85.9bn

6. Oyo – N62.2bn

7. Kaduna – N58.1bn

8. Edo – N47.5bn

9. Kano – N42.5bn

10. Kwara – N35.8bn

11. Akwa Ibom – N34.8bn

12. Anambra – N33.9bn

13. Ondo – N32.6bn

14. Enugu – N28.7bn

15. Bauchi – N25.5bn

16. Osun – N24.6bn

17. Sokoto – N23.6bn

18. Cross River – N21.1bn

19. Jigawa – N20.5bn

20. Abia – N20.1bn

21. Zamfara – N19.4bn

22. Imo – N19.3bn

23. Nasarawa – N19.3bn

24. Borno – N19.1bn

25. Kogi – N18.2bn

26. Ekiti – N17bn

27. Niger – N16.9bn

28. Benue – N15.9bn

29. Plateau – N15.9bn

30. Bayelsa – N15.9bn

31. Gombe – N13.6bn

32. Adamawa – N13.2bn

33. Katsina – N13bn

34. Ebonyi – N12.4bn

35. Yobe – N10.5bn

36. Taraba – N10.2bn

37. Kebbi – N9.1bn

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