Ebonyi State has recorded a major boost in its Internally Generated Revenue (IGR), reaching ₦2.1 billion in December 2025, the highest monthly figure since the current administration assumed office in 2023.
The Commissioner for Finance and Economic Development, Professor Leonard Uguru, disclosed this during a briefing with journalists in Abakaliki, noting that the revenue milestone reflects improved fiscal strategies and strengthened revenue systems across the state.
According to Uguru, the state had never crossed the ₦2 billion monthly IGR mark before December 2025, describing the achievement as a significant breakthrough in Ebonyi’s financial management.
“Since we came on board in June 2023, Ebonyi had not recorded ₦2 billion as monthly IGR. But in December 2025, we generated ₦2.1 billion, and we expect this figure to grow as more strategies take effect,” he said.
The commissioner revealed that Ebonyi generated sufficient revenue in the previous fiscal year to meet its financial obligations up to 31 December 2025, adding that revenue inflows for 2026 have already commenced.
He also confirmed his recent participation in the Federation Accounts Allocation Committee (FAAC) meeting in Abuja, describing federal allocations as one of several revenue streams supporting the state’s finances.
The commissioner also attributed Ebonyi’s strong fiscal performance to transparency and accountability, following the state’s 100 per cent score in the 2025 Budget Fiscal Transparency League.
He noted that all government expenditures are captured in the budget and made publicly available on the state’s official website.
“Whether you are in Lagos or California, you can see what Ebonyi State is doing financially. Every approved activity is documented and published,” he said.
Uguru emphasised that Ebonyi has not taken any loans since May 29, 2023, until provisions were made in the 2026 budget for borrowing targeted strictly at economic development.
He disclosed that the proposed loan would support the establishment of a cement factory, aimed at job creation, industrial growth, and revenue expansion.
Addressing concerns about multiple taxation and revenue leakages, the commissioner admitted that while challenges exist, the government is actively working to block loopholes and implement investor-friendly tax policies.
“Ebonyi is still a growing state. We are easing certain tax rules so investors will feel comfortable doing business here,” he added.
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