NASARAWA, Nigeria – Nasarawa State sets a bold N5 billion monthly revenue targets for 2026, aiming to fund its largest-ever budget and cut dependence on federal allocations.
The state government announces the plan during a ministerial briefing in Lafia, unveiling strategies to generate N60 billion in internally generated revenue (IGR) to support the ₦545.2 billion Budget of Strategic Consolidation.
Commissioner for Budget and Economic Planning Munira Abdullahi, represented by Director of Budget Peter Akolo, says the state records over ₦52 billion in IGR in 2025 and now seeks a significant increase. “We intend to exceed our 2025 performance with a target of ₦5 billion monthly in 2026,” she says.
Officials outline plans to expand revenue sources, including royalties and haulage fees from solid minerals. Illegal miners are being organised into registered cooperatives to improve regulation and taxation, while a data-driven approach widens the tax net.
The ministry also works closely with the Nasarawa State Internal Revenue Service to enforce compliance, particularly within the hospitality sector.
Commissioner for Information, Culture and Tourism Ibrahim Tanko confirms that hotels across the state are being monitored to ensure full tax remittance. “Public cooperation is essential to delivering infrastructure and social services,” he says.
Tanko highlights major budget allocations, including over ₦30 billion for four flyovers and four underpasses in Akwanga, Keffi, Mararaba and Karu to ease congestion.
Describing the budget as historic, he says it prioritises project completion, job creation and improved welfare, urging communities to protect public assets from vandalism.
