Government budget and revenue in Bayelsa, Nigeria: official figures
Bayelsa raised ₦50.3 billion of its own revenue (taxes plus fees and charges from its ministries and agencies) in 2025, 1.0% of the ₦5.15 trillion raised by all states and the FCT; 15th lowest of the 36 states and the FCT. That was down 21.4% on 2024 (₦64.0 billion).
Where does Bayelsa's own revenue come from?
Taxes made up 99% of that revenue, and pay-as-you-earn income tax on wages alone brought in ₦32.4 billion, 65% of the tax take.
Source: National Bureau of Statistics · saved copyHow much does Bayelsa get from FAAC?
The Bayelsa government received ₦57.7 billion net from the Federation Account Allocation Committee in July 2026 (shared from June revenue), 5th largest of the 36 states. The gross allocation of ₦58.5 billion included ₦9.8 billion of statutory allocation, ₦38.5 billion from the 13% oil derivation fund and ₦8.5 billion of VAT; ₦302.23 million was deducted at source for external debt service.
Source: National Bureau of Statistics · saved copyHow much do local governments in Bayelsa receive?
In July 2026 Bayelsa's 8 local government councils shared ₦7.8 billion from the federation account, 2nd smallest of the 36 states and the FCT.
Source: National Bureau of Statistics · saved copyHow much debt does Bayelsa have?
The Bayelsa government owed ₦43.5 billion in domestic debt on 30 June 2026, 0.9% of all state and FCT domestic debt and 11th smallest of the 36 states and the FCT; that is about ₦16,835 per resident and 0.9 times its own revenue in 2025.
Source: Debt Management Office · saved copyHow much foreign debt does Bayelsa owe?
Its external debt stood at $54.29 million on 30 June 2026 (provisional), 0.8% of the states' and FCT's $6.8 billion and 2nd smallest of the 36 states and the FCT.
Source: Debt Management Office · saved copyMore figures
- In 2019 Bayelsa raised ₦16.3 billion, so its own revenue has grown 208% in six years, before allowing for inflation. Shared money from the federation account (FAAC) is not included in these figures. Source: National Bureau of Statistics · saved copy
How Bayelsa compares with other states
Internally generated revenue (2025)
Bayelsa ranks 23 of 37, highest first.
| Rank | Region | Internally generated revenue |
|---|---|---|
| 20 | Anambra | ₦57.0 billion |
| 21 | Osun | ₦56.8 billion |
| 22 | Bauchi | ₦52.8 billion |
| 23 | Bayelsa | ₦50.3 billion |
| 24 | Plateau | ₦45.1 billion |
| 25 | Gombe | ₦44.0 billion |
| 26 | Kogi | ₦43.9 billion |
Domestic debt of the state government (Jun 2026)
Bayelsa ranks 27 of 37, highest first.
| Rank | Region | Domestic debt of the state government |
|---|---|---|
| 24 | Kwara | ₦51.1 billion |
| 25 | Abia | ₦48.6 billion |
| 26 | Zamfara | ₦45.1 billion |
| 27 | Bayelsa | ₦43.5 billion |
| 28 | Sokoto | ₦40.8 billion |
| 29 | Ekiti | ₦40.8 billion |
| 30 | Nasarawa | ₦27.7 billion |
More on Bayelsa: overview · economy and jobs · health · education and schools · poverty and living standards · Nigeria
Sources
- Debt Management Office: Domestic debt data for the 36 states and the FCT as at June 30, 2026, read 23 October 2026 · saved copy (SHA-256 17e59a86a5ba…)
- Debt Management Office: States, FCT and Federal Government's external debt stock as at June 30, 2026 (provisional), read 23 October 2026 · saved copy (SHA-256 56a465c0c569…)
- National Bureau of Statistics: FAAC Disbursement July 2026 (June 2026 revenue): Table III state governments and LGC summary (Office of the Accountant-General of the Federation data), read 23 October 2026 · saved copy (SHA-256 7de8f58a0d10…)
- National Bureau of Statistics: Internally Generated Revenue at State Level 2025, with data for 2019-2025 (IGR_DATA_2019_2025.xlsx), read 23 October 2026 · saved copy (SHA-256 e3710744bb15…)
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