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Kogi State Economy 2026

Key industries, IGR performance, revenue dependency and economic ranking among Nigeria's 36 states. For full appropriation figures see the Budget page.

🏭 Kogi State — Economic Profile

North Central

The economy of Kogi State is driven by agriculture, solid mineral resources, and commerce. Major resources include iron ore, coal, limestone, and agriculture products such as yam, cassava, and coffee. Mining and steel production also play important roles.

Key Industries
Agriculture Mining Solid Minerals Civil Service Tourism Livestock

💰 Revenue & Budget

Revenue data not yet available

IGR and FAAC figures for Kogi State will appear here once added via the admin panel. Check the budget page →

🏗 Spending Priorities

2026 — summary

Where Kogi State directs its public spending — relative allocation across key sectors from the 2026 budget.

Education ₦173.8B
21.2% of total budget
Infrastructure ₦182.3B
22.2% of total budget
Health ₦75.0B
9.1% of total budget
Security ₦29.2B
3.6% of total budget

See exact naira figures per sector, debt service and security allocations:

Full Sector Breakdown →

📈 IGR Revenue Trend

2 years
Year IGR FAAC IGR % Total Budget
2026 Latest ₦820.5B
2024 ₦22,000 ₦215,000 9.3% ₦268,000

🏆 Nigeria State IGR Ranking

Internally Generated Revenue
# State IGR Relative
1 Lagos ₦3.1T
2 Rivers ₦1.2T
3 Enugu ₦870.0B
4 Ogun ₦509.9B
5 Bayelsa ₦450.0B
6 Niger ₦326.9B
7 Niger ₦326.9B
8 Abia ₦223.4B
9 Osun ₦199.6B
10 Bauchi ₦180.0B
28 Kogi

❓ FAQs — Kogi State Economy

The economy of Kogi State is driven by agriculture, solid mineral resources, and commerce. Major resources include iron ore, coal, limestone, and agriculture products such as yam, cassava, and coffee. Mining and steel production also play important roles.
Kogi State's economy is driven by: Agriculture, Mining, Solid Minerals, Civil Service, Tourism. The state continues to work on growing its Internally Generated Revenue (IGR).
IGR data for Kogi State is not yet available on this platform.
Kogi State ranks #30 of 38 states by Internally Generated Revenue (IGR) and #25 by total budget size. Like most Nigerian states, it relies significantly on FAAC allocations from the federal government.
IGR (Internally Generated Revenue) is money a state collects from within its own economy through taxes, levies and fees — without depending on the federal government. FAAC (Federation Account Allocation Committee) distributes shared national revenue — mainly from oil sales and VAT — monthly to all tiers of government. States with high IGR like Lagos are fiscally independent, while most states depend on FAAC for over 60-80% of their revenue.
Kogi State is not classified as a major oil-producing state and does not receive the 13% derivation fund. Its economy depends on agriculture, commerce, solid minerals and services, with federal FAAC allocations as the primary government revenue source alongside IGR.
Data note: IGR and FAAC figures are sourced from published FAAC distribution reports and state appropriation laws. Population figures are NBS estimates. All amounts in Nigerian Naira (₦). For the most current data refer to the OAGF and individual state ministry of finance publications.