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Macroeconomy
CONSTRUCTION/REAL ESTATE
Lagos generates 69% of ₦1.69 trillion revenue from IGR, spends 91% in first half of 2026
Premium Times
Jul 31, 2026 · 10:00 WAT
Lagos State generated 1.69 trillion naira in revenue over six months, with internally generated revenue accounting for 69 percent of the total. The state government spent over 91 percent of the collected funds during the period, directing capital funding across infrastructure, health, education, and environmental sectors.