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Enugu Records N406 Billion Revenue Meets Target Benchmarks

byJoy Ogbitse
February 9, 2026
in Economy, News
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Enugu State recorded a total of N406.8 billion in Internally Generated Revenue (IGR) for the 2025 fiscal year, achieving 80 per cent of its revenue target of N509.9 billion. This performance reflects a marked improvement from the previous fiscal period and demonstrates a shift in the state’s capacity to mobilise own revenue rather than rely on external funding.

The state government’s disclosure came from Mr Emmanuel Nnamani, Chairman of the Enugu State Internal Revenue Service (ESIRS), in a press briefing held in Enugu. He described the result as a clear indicator that reforms introduced under the current administration are yielding measurable gains in fiscal performance.

This revenue outcome represents a 125 per cent increase over the N180.5 billion generated in 2024, underscoring the rapid pace of growth in internally mobilised resources. Consequently, Enugu’s revenue base is being broadened significantly within a short period, reducing dependence on statutory allocations from the federal government and signalling progress toward fiscal independence.

At the briefing, Nnamani highlighted the growth dynamics of the 2025 revenue profile. Tax revenue stood at N51.5 billion, accounting for 12.6 per cent of the total IGR, with the bulk of revenue stemming from non-tax sources contributing N355.2 billion or 87.4 per cent of total inflows.

He stressed that while tax revenue grew 72 per cent year-on-year, rising from N30 billion in 2024 to N51.5 billion in 2025, its share of the total remained comparatively small. This outcome reflects a deliberate strategy to expand non-tax revenue sources while gradually strengthening tax compliance.

The growth in non-tax revenues has been attributed to strategic reforms targeting the optimisation of state assets and the recovery of dormant facilities. Under the current administration, Enugu has placed emphasis on leveraging assets, revitalising economic nodes, and plugging revenue leakages through technology and administrative reform.

Nnamani traced the revenue transformation to the period following the assumption of office by Governor Peter Mbah. He outlined the financial trajectory, showing incremental improvements from N26.8 billion in 2022 to higher figures in subsequent years. The administration’s focus has been on reducing recurrent expenditure dependency on federal funding, strengthening internal fiscal mechanisms, and incentivising compliance through visible development outcomes.

The briefing included a contextual reminder of the expectations that greeted the N509.9 billion target for 2025, with sceptics questioning the feasibility of achieving it. In response to that skepticism, the ESIRS chairman stated clearly: “I’m happy to tell you today that at the end of 2025, Enugu State government collected a total IGR of 406,774, 321,758.87 and if you compare the target and actual, Enugu State achieved 80 per cent of the revenue target.”

Looking forward, Enugu has set an ambitious IGR target of N870 billion for 2026, reflecting continued confidence in sustaining growth and expanding the revenue base. The state plans to maintain its focus on non-tax revenue while ensuring that tax reforms bolster compliance without imposing undue burden on residents.

The 2025 IGR performance positions Enugu among Nigerian states demonstrating strong fiscal momentum, indicating that structural reforms and strategic revenue management can generate significant and sustainable revenue gains.

Tags: Enugu StateEnugu State Internal Revenue Service (ESIRS)Governor Peter MbahInternally Generated Revenue (IGR)Mr Emmanuel Nnamani
Joy Ogbitse

Joy Ogbitse

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