Ekiti State Governor Biodun Oyebanji says the state has generated N88.4bn in internally generated revenue in four years, while its economy has expanded and thousands of workers have been recruited into public service.
Oyebanji disclosed this on Monday while presenting his state-of-the-state address to the Ekiti State House of Assembly, attributing the revenue growth to reforms in tax administration, digitalisation, a broader tax base and an improved business environment.
He said the state’s monthly internally generated revenue, which averaged between N650m and N700m when he assumed office in 2022, had risen to about N2.6bn.
According to the governor, Ekiti generated N8.7bn in 2022, N12bn in 2023, N17.6bn in 2024 and N27.1bn in 2025. The state had recorded N15.6bn as of June 2026, with the government projecting revenue of about N32bn by the end of the year.
“The independent data from the Joint Revenue Board confirmed that 2025 was an exceptional year for Ekiti State’s revenue administration,” he said.
Oyebanji added that the state recorded a 62.13 per cent increase in internally generated revenue in 2025, outperforming other states in the South-West and 26 other states and the Federal Capital Territory.
He said Ekiti had increased its contribution to national internally generated revenue and now financed about one-third of its total expenditure from its own revenue.
The governor also highlighted growth in the state’s economy, citing figures from a National Bureau of Statistics report showing that Ekiti’s gross domestic product rose from N2.4tn in 2019 to N4.6tn in 2023, an increase of about 90 per cent.
He said recent projections put the state’s GDP at close to N8.8tn, adding that Ekiti had moved from 33rd to 28th position among states in terms of economic output.
Trade and agriculture remained the main drivers of the economy, contributing N1.7tn and N1.05tn respectively, according to the governor. Together, the sectors accounted for about 60 per cent of the state’s economic activity.
Oyebanji said his administration would continue to prioritise trade, investment and agriculture while using investments in aviation and tourism to diversify the economy.
On employment, the governor said the administration had recruited 8,358 workers across the civil service, local governments, education, security and other public agencies.
He said 6,530 teachers had been employed in public primary and secondary schools, including 3,530 recruited through the Teaching Service Commission and 3,000 through the State Universal Basic Education Board.
The Local Government Service Commission also recruited 774 workers in 2025 to fill vacancies, while the Office of Establishment and Service Matters employed 340 junior officers. The Civil Service Commission recruited 41 senior officers during the same year.
In the security sector, Oyebanji said more than 600 personnel had been recruited into the Amotekun Corps and the Agro Marshal Corps, while the Ekiti State Traffic Management Agency employed an additional 73 officers.
He said the recruitment drive was intended to strengthen public services and address staffing needs across critical sectors of the state.
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