HomeNewsEnugu Records N406.7bn IGR, Targets N870bn in 2026

Enugu Records N406.7bn IGR, Targets N870bn in 2026

Enugu Records N406.7bn IGR, Targets N870bn in 2026

Enugu State recorded ₦406.7 billion in Internally Generated Revenue (IGR) in 2025, according to figures released by the Enugu State Internal Revenue Service (ESIRS).

The breakdown showed that ₦51.5 billion came from tax revenue (12.6%), while ₦355.2 billion was non-tax revenue (87.4%), reflecting the state’s shift toward leveraging natural resources and reviving moribund assets.

The state’s IGR has grown dramatically in recent years, rising from ₦26.8 billion in 2022 to ₦37.4 billion in 2023, then surging to ₦180.5 billion in 2024 following Governor Peter Mbah’s reforms.

ESIRS Chairman Emmanuel Nnamani attributed the growth to technology deployment, e-payment systems, widening the tax net without raising rates, and reforms to block leakages.

“Enugu State had started thinking differently, and dependence on FAAC for every government activity had drastically reduced,” he said.

Nnamani noted that tax revenue rose sharply from ₦30 billion in 2024 to ₦51.5 billion in 2025, a 72% year-on-year increase.

“This shows resilience in growth, outperforming tax revenue growth of 31% in 2024,” he explained.

He emphasised that sustainable tax revenue is critical for government financing.

“What we have done is to plug leakages, introduce technology for traceability, accountability, and transparency,” Nnamani said.

Looking ahead, Enugu projects ₦870 billion in IGR for 2026, though tax revenue is expected to decline slightly under a pro-citizen tax reform.

Still, officials remain optimistic that compliance will continue to rise, boosting collections.

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