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Lagos hits N807bn revenue in early 2026, surpasses Nigeria’s subnational peers

Lagos hits N807bn revenue in early 2026, surpasses Nigeria’s subnational peers

Babajide Sanwo-Olu’sadministration generated N807.1 billion in revenue in the first quarter of 2026, reaching 18.2 per cent of the state’s N4.44 trillion budget, official figures show. The performance, underpinned by a surge in internally generated revenue (IGR), reinforces Lagos’ position as Nigeri...

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Verified on May 05, 2026

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