Government budget and revenue in Edo, Nigeria: official figures
Edo raised ₦132.2 billion of its own revenue (taxes plus fees and charges from its ministries and agencies) in 2025, 2.6% of the ₦5.15 trillion raised by all states and the FCT; 7th highest of the 36 states and the FCT. That was up 45.0% on 2024 (₦91.2 billion).
Where does Edo's own revenue come from?
Taxes made up 64% of that revenue, and pay-as-you-earn income tax on wages alone brought in ₦61.6 billion, 73% of the tax take.
Source: National Bureau of Statistics · saved copyHow much does Edo get from FAAC?
The Edo government received ₦24.4 billion net from the Federation Account Allocation Committee in July 2026 (shared from June revenue), 11th largest of the 36 states. The gross allocation of ₦28.0 billion included ₦10.3 billion of statutory allocation, ₦4.8 billion from the 13% oil derivation fund and ₦10.9 billion of VAT; ₦2.7 billion was deducted at source for external debt service.
Source: National Bureau of Statistics · saved copyHow much do local governments in Edo receive?
In July 2026 Edo's 18 local government councils shared ₦14.8 billion from the federation account, 17th smallest of the 36 states and the FCT.
Source: National Bureau of Statistics · saved copyHow much debt does Edo have?
The Edo government owed ₦214.9 billion in domestic debt on 30 June 2026, 4.7% of all state and FCT domestic debt and 5th largest of the 36 states and the FCT; that is about ₦44,092 per resident and 1.6 times its own revenue in 2025.
Source: Debt Management Office · saved copyHow much foreign debt does Edo owe?
Its external debt stood at $350.41 million on 30 June 2026 (provisional), 5.1% of the states' and FCT's $6.8 billion and 3rd largest of the 36 states and the FCT.
Source: Debt Management Office · saved copyMore figures
- In 2019 Edo raised ₦35.2 billion, so its own revenue has grown 275% 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 Edo compares with other states
Internally generated revenue (2025)
Edo ranks 7 of 37, highest first.
| Rank | Region | Internally generated revenue |
|---|---|---|
| 4 | Federal Capital Territory | ₦356.3 billion |
| 5 | Ogun | ₦252.4 billion |
| 6 | Delta | ₦202.5 billion |
| 7 | Edo | ₦132.2 billion |
| 8 | Oyo | ₦103.2 billion |
| 9 | Kano | ₦102.3 billion |
| 10 | Akwa Ibom | ₦100.8 billion |
Domestic debt of the state government (Jun 2026)
Edo ranks 5 of 37, highest first.
| Rank | Region | Domestic debt of the state government |
|---|---|---|
| 2 | Delta | ₦369.3 billion |
| 3 | Federal Capital Territory | ₦358.8 billion |
| 4 | Rivers | ₦354.6 billion |
| 5 | Edo | ₦214.9 billion |
| 6 | Ogun | ₦189.1 billion |
| 7 | Bauchi | ₦157.4 billion |
| 8 | Niger | ₦140.0 billion |
More on Edo: 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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