*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: ₦971 billion (signed 24 December 2024; ₦837.9bn capital, ₦133.1bn recurrent)
- 2026 approved budget: ₦1.62 trillion (signed 24 December 2025; ₦1.3tn capital, ₦321bn recurrent)
- Internally generated revenue (2023, the latest NBS state-level IGR report): ₦33.86 billion (₦22.90bn tax, ₦10.96bn MDA revenue)
- Debt stock (31 December 2025, provisional): ₦157,603,315,151.74 domestic plus US$99,878,558.55 external (US$96.38m multilateral, US$3.5m bilateral)
Note#
Enugu runs the largest budget in the South-East and carries the region's heaviest domestic debt — ₦157.6 billion, more than the other four combined. The state has set an ₦870 billion internal revenue target for 2026 against confirmed 2023 collections of ₦33.9 billion; that is a twenty-six-fold leap, and it is recorded here as a stated target rather than a result. The monthly Federation Account receipt is omitted: no per-state line from a primary release was confirmed in this pass.
References
Sources#
- Enugu State Government, 2025 and 2026 Appropriation Laws (signing releases, 24 December 2024 and 24 December 2025)
- National Bureau of Statistics, Internally Generated Revenue at State Level (2023), published October 2024
- Debt Management Office, States and FCT Domestic and External Debt Stock as at 31 December 2025 (provisional)