Government budget and revenue in Benue, Nigeria: official figures
Benue raised ₦29.6 billion of its own revenue (taxes plus fees and charges from its ministries and agencies) in 2025, 0.6% of the ₦5.15 trillion raised by all states and the FCT; 5th lowest of the 36 states and the FCT. That was up 44.7% on 2024 (₦20.4 billion).
Where does Benue's own revenue come from?
Taxes made up 60% of that revenue, and pay-as-you-earn income tax on wages alone brought in ₦13.1 billion, 74% of the tax take.
Source: National Bureau of Statistics · saved copyHow much does Benue get from FAAC?
The Benue government received ₦22.5 billion net from the Federation Account Allocation Committee in July 2026 (shared from June revenue), 15th largest of the 36 states. The gross allocation of ₦23.2 billion included ₦12.4 billion of statutory allocation and ₦8.5 billion of VAT; ₦335.84 million was deducted at source for external debt service.
Source: National Bureau of Statistics · saved copyHow much do local governments in Benue receive?
In July 2026 Benue's 23 local government councils shared ₦18.1 billion from the federation account, 14th largest of the 36 states and the FCT.
Source: National Bureau of Statistics · saved copyHow much debt does Benue have?
The Benue government owed ₦112.3 billion in domestic debt on 30 June 2026, 2.4% of all state and FCT domestic debt and 10th largest of the 36 states and the FCT; that is about ₦17,942 per resident and 3.8 times its own revenue in 2025.
Source: Debt Management Office · saved copyHow much foreign debt does Benue owe?
Its external debt stood at $71.15 million on 30 June 2026 (provisional), 1.0% of the states' and FCT's $6.8 billion and 4th smallest of the 36 states and the FCT.
Source: Debt Management Office · saved copyMore figures
- In 2019 Benue raised ₦17.2 billion, so its own revenue has grown 72% 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 Benue compares with other states
Internally generated revenue (2025)
Benue ranks 33 of 37, highest first.
| Rank | Region | Internally generated revenue |
|---|---|---|
| 30 | Nasarawa | ₦32.6 billion |
| 31 | Kebbi | ₦31.2 billion |
| 32 | Zamfara | ₦30.1 billion |
| 33 | Benue | ₦29.6 billion |
| 34 | Taraba | ₦28.2 billion |
| 35 | Sokoto | ₦20.5 billion |
| 36 | Ebonyi | ₦17.2 billion |
Domestic debt of the state government (Jun 2026)
Benue ranks 10 of 37, highest first.
| Rank | Region | Domestic debt of the state government |
|---|---|---|
| 7 | Bauchi | ₦157.4 billion |
| 8 | Niger | ₦140.0 billion |
| 9 | Cross River | ₦130.0 billion |
| 10 | Benue | ₦112.3 billion |
| 11 | Adamawa | ₦102.4 billion |
| 12 | Yobe | ₦96.5 billion |
| 13 | Kaduna | ₦87.3 billion |
More on Benue: 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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