Enugu State government, yesterday, announced that it generated over N406 billion from Internally Generated Revenue (IGR) out of the N509 billion projected in the 2025 budget.
 
Of the amount, tax revenue accounted for N51.5 billion, representing 12.6 per cent, while non-tax revenue stood at N355.2 billion, representing 87.4 per cent of the total IGR.
 
The state government said the amount represents 80 per cent performance against the budget, as well as 125 per cent IGR growth from the 2024 figure of N180.5 billion.

State Chairman of the Enugu State Revenue Service, Ekene Nnamani, stated that the revenue performance has shown that Enugu State has developed fiscal resilience and sustainability, as evidenced by yearly improvements in revenue.
 
He added that the feat was achieved through the deployment of technology, the widening of the tax net, and other government reforms.
 
He recalled that Governor Peter Mbah had, upon assuming office in 2023, promised to change the narratives in the state’s IGR profile to fund his vision for the state.
 
Nnamani added: “The total IGR of Enugu State in 2022 was N26.8 billion, made up of tax revenue of N16.2 billion and non-tax revenue of N10.6 billion.
 
“I was appointed by the governor in August 2023, and he mandated that we at the Enugu State Internal Revenue Service must ensure to ramp up the state’s IGR in a profound way that reduces the state’s reliance on the Federation Account Allocation Committee (FAAC) receipts.

“He also directed that we look beyond tax revenue to boost the state’s IGR. He immediately gave us a matching order to generate state salaries, pensions, and overhead internally and mandated the Accountant General to always seek funding for salaries, pensions, and overheads from IGR.
 
“Consequently, in 2023, we pushed the IGR to N37.4 billion, made up of N22.9 billion tax revenue and N14.5 billion non-tax revenue.
 
“In 2024, we moved the IGR to N180.5 billion, made up of N30 billion tax revenue and N150 billion non-tax revenue. At that point, Enugu State had begun to think differently, and its dependence on FAAC for every government activity had drastically reduced.

“The shift from tax-revenue-driven funding had occurred by 2024. Enugu State focused on natural resources and recovery and revival of moribund assets to move our revenue into stability.”