# World Bank reports sharp real growth in Nigerian state revenue and spending

> The October update compares state fiscal outcomes and sector allocations through 2025, alongside first-half GDP growth.

- **Source date:** 2026-10-08
- **Original source:** [World Bank](https://www.worldbank.org/en/news/press-release/2026/10/08/higher-revenues-better-lives-strengthening-state-spending-for-growth-jobs-services)
- **Reading time:** 1 min read
- **Language:** English
- **URL:** https://voltformer.com/news/ng-world-bank-state-revenue-spending-report-20261008
- **Markdown:** https://voltformer.com/news/ng-world-bank-state-revenue-spending-report-20261008.md

The World Bank said aggregate state revenues rose about 93% in real terms from 2023 to 2025, while state expenditures rose about 92%, measured at 2019 constant prices. Capital spending increased from 46% to 61% of total state expenditure, with transport infrastructure recording the largest increase and further increases in housing and agriculture.

Education’s share of state expenditure fell from 14.9% in 2021 to 12.1% in 2025. Health remained around 7%, while social protection rose from 1.4% to 4.4%. The update also reported real GDP growth of 4.2% in H1 2026, compared with 3.9% in H1 2025 and 3.5% in H1 2024.

[World Bank](https://www.worldbank.org/en/news/press-release/2026/10/08/higher-revenues-better-lives-strengthening-state-spending-for-growth-jobs-services)

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