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Nigerian states’ revenue rises 93%, education spending falls — World Bank
Summary by The Lagos Editorial Desk Nwafor , as published by Vanguard
· October 9, 2026
· 1 min read
Photo: Vanguard · view original
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Summary created by The Lagos Editorial Desk — automated, rule-governed Byline on source page Nwafor, as published by Vanguard Original story Read at the source Source published Oct 9, 2026 Indexed here Oct 9, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points The World Bank reported a 93 per cent rise in revenue during this period, with expenditure also increasing by 92 per cent. Revenue for Nigerian states increased significantly between 2023 and 2025.
Revenue for Nigerian states increased significantly between 2023 and 2025. The World Bank reported a 93 per cent rise in revenue during this period, with expenditure also increasing by 92 per cent. Factors contributing to the revenue growth included exchange-rate reforms and improved revenue administration.
The World Bank disclosed this information in its latest Nigeria Development Update. The report examined the impact of increased public revenue on spending priorities.
Further details on the report's findings, including the implications of the revenue growth, are available from the World Bank. The report noted a decline in education's share of total expenditure, despite the overall increase in revenue and spending.
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Category: schools Published: October 9, 2026 Source: Vanguard Reading time: 1 min
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What is this story about? Revenue for Nigerian states increased significantly between 2023 and 2025. The World Bank reported a 93 per cent rise in revenue during this period, with expenditure also increasing by 92 per cent…
When was this published? This article was first published on October 9, 2026 by Vanguard and curated for The Lagos readers.
Who reported this story? This story was reported by Nwafor at Vanguard. To learn more about how The Lagos selects and reviews stories, see our editorial standards .
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