Government budget and revenue in Cross River, Nigeria: official figures
Cross River raised ₦58.6 billion of its own revenue (taxes plus fees and charges from its ministries and agencies) in 2025, 1.1% of the ₦5.15 trillion raised by all states and the FCT; 18th highest of the 36 states and the FCT. That was up 24.7% on 2024 (₦47.0 billion).
Where does Cross River's own revenue come from?
Taxes made up 63% of that revenue, and pay-as-you-earn income tax on wages alone brought in ₦18.4 billion, 50% of the tax take.
Source: National Bureau of Statistics · saved copyHow much does Cross River get from FAAC?
The Cross River government received ₦15.9 billion net from the Federation Account Allocation Committee in July 2026 (shared from June revenue), the smallest of the 36 states. The gross allocation of ₦20.9 billion included ₦11.1 billion of statutory allocation and ₦7.7 billion of VAT; ₦2.4 billion was deducted at source for external debt service.
Source: National Bureau of Statistics · saved copyHow much do local governments in Cross River receive?
In July 2026 Cross River's 18 local government councils shared ₦12.9 billion from the federation account, 12th smallest of the 36 states and the FCT.
Source: National Bureau of Statistics · saved copyHow much debt does Cross River have?
The Cross River government owed ₦130.0 billion in domestic debt on 30 June 2026, 2.8% of all state and FCT domestic debt and 9th largest of the 36 states and the FCT; that is about ₦28,949 per resident and 2.2 times its own revenue in 2025.
Source: Debt Management Office · saved copyHow much foreign debt does Cross River owe?
Its external debt stood at $223.35 million on 30 June 2026 (provisional), 3.3% of the states' and FCT's $6.8 billion and 8th largest of the 36 states and the FCT.
Source: Debt Management Office · saved copyMore figures
- In 2019 Cross River raised ₦22.6 billion, so its own revenue has grown 159% 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 Cross River compares with other states
Internally generated revenue (2025)
Cross River ranks 18 of 37, highest first.
| Rank | Region | Internally generated revenue |
|---|---|---|
| 15 | Niger | ₦66.4 billion |
| 16 | Katsina | ₦64.3 billion |
| 17 | Ondo | ₦60.3 billion |
| 18 | Cross River | ₦58.6 billion |
| 19 | Ekiti | ₦57.1 billion |
| 20 | Anambra | ₦57.0 billion |
| 21 | Osun | ₦56.8 billion |
Domestic debt of the state government (Jun 2026)
Cross River ranks 9 of 37, highest first.
| Rank | Region | Domestic debt of the state government |
|---|---|---|
| 6 | Ogun | ₦189.1 billion |
| 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 |
More on Cross River: 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…)
Each saved copy is the file exactly as downloaded, kept so the figures can be checked even if the source changes. Report an error.