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Enugu to surpass ₦600bn IGR target for 2025 – Mbah - Voice of Nigeria Forum

Enugu to surpass ₦600bn IGR target for 2025 – Mbah

Enugu to surpass ₦600bn IGR target for 2025 – Mbah

12:06 pm on March 23, 2025
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Governor Peter Mbah of Enugu State says his government will surpass the projected Internally Generated Revenue (IGR) target of ₦600 billion for 2025, to fund more development projects.

Mbah gave the assurance on Saturday night in Enugu during his investiture as President of the Enugu Sports Club.

Recall that Mbah inaugurated the newly remodeled clubhouse, as well as the installation of new club patrons by the Chairman of Enugu Sports Club, Chief Nnanna Atuonwu.

Mbah recalled that when his administration set a goal to grow Enugu’s economy from $4.4 billion to $30 billion, many doubted its feasibility.

“At the time, the trending analysis did not support such a growth level.

“Achieving this target requires a 27 per cent compounded annual growth rate, and some questioned how it could be realised,” he said.

He emphasised that in spite of the skepticism, his government recognised the need to shift focus away from federal allocations and instead mobilise domestic revenue.

“When we took over, the state’s IGR was about ₦25 billion. This year, our projected IGR is ₦600 billion, and based on the numbers we are seeing, we are not only going to meet this target but surpass it.

“This revenue growth is what enables us to make significant interventions across all sectors, from education to healthcare and beyond,” he stated.

The governor reiterated that his administration’s development strategy ensured inclusive growth, integrating all parts of the state into a unified economic plan.

As part of Enugu State’s preparations to host the 2026 National Sports Festival, Mbah pledged to renovate the Nnamdi Azikiwe Stadium and Awgu Sports Village.




https://www.vanguardngr.com/2025/03/enugu-to-surpass-%e2%82%a6600bn-igr-target-for-2025-mbah/
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