- Lagos State achieved N2.6 trillion in total revenue for 2025.
- Internally Generated Revenue (IGR) grew by 18.5% year-over-year.
- Tax revenue reached N1.44 trillion, following a 54.2% surge between 2023 and 2024.
- Digital transformation, including WhatsApp and USSD payment integration, is credited for reducing compliance friction.
- The fiscal growth aims to fund infrastructure projects to support rapid urban expansion.
- Critics raise concerns regarding the impact of aggressive collection on the informal sector.