Enugu generated N43.9 billion internally and posted total revenue inflows of N101.8 billion in the first quarter of 2026, demonstrating improving fiscal strength and stronger revenue mobilisation efforts in the state.
This is according to the state’s First Quarter Budget Performance Report.
The report noted that the revenue performance was supported by a combination of higher internally generated revenue (IGR) and statutory allocations from the Federation Account.
The report also showed a strong focus on capital spending, with significant resources directed toward infrastructure, education and healthcare, reflecting a push to convert rising revenues into development outcomes.
What the data is saying
The report noted that from the state’s revenue, N57.86 billion came from Federation Account allocations.
- IGR accounted for roughly 43% of total revenue inflows, highlighting growing fiscal independence.
- Personnel costs stood at N12.69 billion during the quarter.
- Overhead expenditure was N1.52 billion, while other recurrent spending totaled N3.32 billion.
- Capital expenditure reached N31.37 billion, signalling a strong development spending focus.
A breakdown of capital and administrative spending showed infrastructure dominated government expenditure.
- The Ministry of Works and Infrastructure accounted for N23.93 billion in spending.
- The Office of the Accountant General recorded N5.33 billion.
- Enugu State Universal Basic Education Board received N4.55 billion.
- The Office of the Head of Service and Primary Healthcare Development Agency received N3.34 billion and N1.79 billion respectively.
The figures suggest the state maintained a relatively moderate recurrent spending profile while prioritising investment in productive sectors.
Backstory
In December, Nairametrics reported that the Governor of Enugu state, Peter Mbah, signed the 2026 Appropriation Bill into law, accelerating reforms and development across the state.
The governor maintained that the projected N870 billion Internally Generated Revenue (IGR) target was realistic and achievable with discipline, creativity, and sustained hard work.
- “Our N870 billion IGR target is realisable. We have grown IGR from below N30 billion in 2023 to over N180 billion in 2024, and we will end 2025 at N400 billion. With discipline, creativity, and hard work, we will not only achieve but overshoot N800bn in 2026,” Mbah said.
- He added, “We are confident that we are not only going to achieve over N800 billion revenue for next year, but we are even going to overshoot it. We believe that with the unlocking of the different streams of economic potentials in Enugu State, we will realise our domestic revenue projection,” he explained.
Mbah said the proposal represents a 66.5% increase over the N971 billion budget for 2025.
What you should know
Nairametrics reported earlier that in 2025, Enugu records strong double-digit growth as its debt rose to N157.60 billion, accounting for 3.61% of total debt and representing a 32.12% increase from N119.28 billion in 2024.
This increased debt ranking of the state suggests heavier reliance on borrowing to fund infrastructure and social investments, amid widening fiscal gaps and expansion in capital expenditure.
