🏭 Yobe State — Economic Profile
North EastThe economy of Yobe State is largely driven by agriculture, livestock rearing, and small-scale trading. Major products include millet, sorghum, beans, groundnuts, and livestock farming.
Key Industries
Agriculture
Livestock
Trading
Fishing
Crafts & Textiles
💰 Revenue & Budget
Revenue data not yet available
IGR and FAAC figures for Yobe State will appear here once added via the admin panel. Check the budget page →
🏗 Spending Priorities
2026 — summaryWhere Yobe State directs its public spending — relative allocation across key sectors from the 2026 budget.
Education
₦45.0B
8.7% of total budget
Infrastructure
₦120.0B
23.3% of total budget
Health
₦35.0B
6.8% of total budget
Agriculture
₦20.0B
3.9% of total budget
Security
₦25.0B
4.8% 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 | — | — | — | ₦515.5B |
| 2024 | ₦8,000 | ₦175,000 | 4.4% | ₦195,000 |
🏆 Nigeria State IGR Ranking
Internally Generated Revenue❓ FAQs — Yobe State Economy
The economy of Yobe State is largely driven by agriculture, livestock rearing, and small-scale trading. Major products include millet, sorghum, beans, groundnuts, and livestock farming.
Yobe State's economy is driven by: Agriculture, Livestock, Trading, Fishing, Crafts & Textiles. The state continues to work on growing its Internally Generated Revenue (IGR).
IGR data for Yobe State is not yet available on this platform.
Yobe State ranks #25 of 38 states by Internally Generated Revenue (IGR) and #37 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.
Yobe 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.