*A state budget in Nigeria is a statement of intent, not a record of spending. The number signed in December is routinely revised mid-year and rarely implemented above 70% on the capital side. Read the figures below as the size of the claim, and the IGR line as the size of what the state can raise without Abuja.*
The numbers#
- 2025 approved budget: ₦675 billion (signed 24 December 2024)
- 2026 approved budget: ₦939.85 billion (presented 16 December 2025, signed 23 December 2025; 68% capital)
- Internally generated revenue (2023, the latest NBS state-level IGR report): ₦64.67 billion (₦46.17bn tax, ₦18.50bn MDA revenue)
- Debt stock (31 December 2025, provisional): ₦91,183,108,919.45 domestic
Note#
Edo presented and signed its 2026 budget inside a single week — a seven-day passage for a ₦939.85 billion appropriation. Its domestic debt has fallen from ₦110.6 billion in December 2022, and its ministries and agencies raise an unusually large share of the state's own revenue. External debt and the monthly Federation Account receipt are omitted: no primary per-state line was confirmed in this pass.
References
Sources#
- Edo State Government, 2025 and 2026 Appropriation Laws (signing releases, 24 December 2024 and 23 December 2025; presentation 16 December 2025)
- National Bureau of Statistics, Internally Generated Revenue at State Level (2023), published October 2024
- Debt Management Office, States and FCT Domestic Debt Stock as at 31 December 2025 (provisional)