🏭 Nasarawa State — Economic Profile
North CentralThe economy of Nasarawa State is driven by agriculture, solid mineral mining, and trade. Major crops include yam, rice, maize, and sesame. The state is also rich in natural resources such as salt, coal, iron ore, and marble, attracting mining investments.
Key Industries
Agriculture
Mining
Solid Minerals
Civil Service
Tourism
Livestock
💰 Revenue & Budget
Revenue data not yet available
IGR and FAAC figures for Nasarawa State will appear here once added via the admin panel. Check the budget page →
🏗 Spending Priorities
2026 — summaryWhere Nasarawa State directs its public spending — relative allocation across key sectors from the 2026 budget.
Education
₦92.9B
17% of total budget
Infrastructure
₦157.8B
28.9% of total budget
Health
₦37.2B
6.8% of total budget
Agriculture
₦31.9B
5.8% 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 | — | — | — | ₦545.2B |
| 2024 | ₦18,000 | ₦165,000 | 9.8% | ₦195,000 |
🏆 Nigeria State IGR Ranking
Internally Generated Revenue❓ FAQs — Nasarawa State Economy
The economy of Nasarawa State is driven by agriculture, solid mineral mining, and trade. Major crops include yam, rice, maize, and sesame. The state is also rich in natural resources such as salt, coal, iron ore, and marble, attracting mining investments.
Nasarawa 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 Nasarawa State is not yet available on this platform.
Nasarawa State ranks #18 of 38 states by Internally Generated Revenue (IGR) and #35 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.
Nasarawa 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.