BudgIT: Enugu Is Nigeria’s Most Financially Stable State

Enugu State has emerged as the most financially resilient state in Nigeria, according to the 2025 States Report released by BudgIT, a civic-tech organisation that tracks fiscal transparency and governance.

The report revealed that Enugu ranked highest among Nigeria’s 36 states in its ability to survive without federal allocations, owing to its strong internally generated revenue (IGR) and improved spending efficiency.

BudgIT’s analysis showed that Enugu generated sufficient income to cover nearly all of its operating expenses, setting it apart from states that remain heavily dependent on monthly FAAC disbursements.

Lagos, Ogun, and Rivers also featured among the top-performing states, while Yobe, Benue, Imo, and Taraba ranked at the bottom, highlighting persistent regional imbalances in revenue generation and fiscal discipline.

According to BudgIT, states that prioritise IGR reforms, investment attraction, and efficient tax administration are better positioned to withstand economic shocks and fluctuating oil revenues.

The organisation urged state governments to improve transparency in budget implementation, reduce overhead costs, and explore innovative revenue streams through public-private partnerships.