Enugu Hits Record ₦406bn IGR in 2025, Eyes ₦870bn in 2026

Enugu State has recorded a historic surge in its Internally Generated Revenue (IGR), hitting ₦406.77 billion in 2025, representing a 125 per cent increase compared to the previous year.

State officials disclosed that the revenue milestone was driven by sweeping fiscal reforms, improved tax administration, and the expansion of the formal economy. With the momentum sustained, the government says it is targeting ₦870 billion in IGR for 2026.

According to data released by the state’s revenue authorities, the growth reflects a combination of digitalisation of tax collection, plugging of leakages, enforcement of compliance across sectors, and the broadening of the tax base to include previously untapped revenue streams.

Governor Peter Mbah attributed the performance to deliberate governance reforms and investments in systems that prioritise transparency and efficiency.

“This growth did not happen by chance. We focused on rebuilding institutions, deploying technology, and ensuring that every naira due to the state is collected transparently,” the governor said.

The administration also credited the improved business climate in Enugu, noting that infrastructure upgrades, security improvements, and investor-friendly policies have boosted economic activity and, in turn, revenue inflows.

Officials said the revenue gains have strengthened the state’s fiscal capacity, enabling increased spending on infrastructure, healthcare, education, and social services without overreliance on federal allocations.

Looking ahead to 2026, the state plans to deepen reforms by expanding electronic payment platforms, enhancing data-driven tax enforcement, and supporting small and medium-sized enterprises to transition into the formal economy.

Analysts say Enugu’s revenue performance positions it as one of the fastest-growing subnational economies in Nigeria, with the ambitious ₦870 billion target seen as achievable if current reforms are sustained.