Thirty four per cent (34%) of Nigeria's revenue allocation to states since 2017 have gone to the South South states

Since 2017, 34% (₦5.8 trillion) of Nigeria's revenue allocation to states has gone to the South South states. This chart shows a snapshot of how allocations vary across regions.

Source:

National Bureau of Statistics

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Period:

2017-August 2023

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Lagos’ IGR in 2024 was over 3x more than all other South West states combined

Lagos drives most revenue in the South West, accounting for the clear majority of the region’s IGR.
Each geopolitical zone has one dominant state that shapes its revenue profile.
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Lagos State generated the vast majority of Nigeria's IGR at ₦1.3 trillion, accounting for over 35% of the ₦3.7 trillion total IGR

Nigeria’s total IGR in 2024 was ₦3.7 trillion.
Lagos State generated ₦1.3 trillion, accounting for over 35% of the national IGR.
Rivers State (₦317.3 billion) and the FCT, Abuja (₦282.4 billion) ranked second and third, respectively.
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Economic disparity between regions remains wide, with Lagos alone outpacing entire regions.

Three US missions rank among the top five most expensive of Nigeria's foreign missions, receiving a combined ₦21.9 billion in 2025's budget

₦310.6 billion is the total allocation for Nigeria’s 110 foreign missions in 2025.
The New York (Permanent Mission) received the highest allocation at ₦9 billion.
Three US missions (New York PM, Washington, and New York CG) together account for ₦21.9 billion.
London (₦7.2 billion) and Geneva (₦6.6 billion) complete the top five highest allocations.
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Nigeria’s South East region is the only one where MDAs' revenue (60.9%) exceeded Total Tax Revenue (39.10%) in 2024

The South East is the only region where the revenue of MDAs (60.9%) exceeded tax revenue (39.1%).
Other regions relied more heavily on tax revenue, with the South South leading at 85.25%.
The North East and North Central followed closely, with tax contributions of 79.9% and 79.15%, respectively.
The South West generated 75.04% of its IGR from taxes, indicating a strong formal revenue structure.
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Three agencies were allocated a combined ₦67.2 billion, 62% of the Information Ministry’s 2025 budget

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The National Institute for Cultural Orientation was allocated ₦11.8 billion.
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The Gambia leads Africa in remittance-GDP ratio, with remittance accounting for 21.1% of its GDP in 2024.
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