Nigeria: Lagos Hits N807bn Revenue in Early 2026, Surpasses Nigeria's Subnational Peers
The state’s strong tax haul, driven largely by personal income taxes, pushed it close to one-fifth of its ambitious 2026 budget within three months. Babajide Sanwo-Olu’s administration 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…