The Economic Impact of Marital Unions: FG’s N2.4b Revenue in 2024

The Economic Impact of Marital Unions: FG's N2.4b Revenue in 2024
The Economic Impact of Marital Unions: FG's N2.4b Revenue in 2024

Marriage Registrations Thriving: FG’s N2.4b Income Achievement in 2024

In 2024, the Nigerian Federal Government generated approximately ₦2.4 billion from marriage contracts via its marriage registry at the Ministry of Interior.

This revenue stream has become a significant source of income for the ministry, surpassing its projected revenue from marriage contracts in 2023, which amounted to over ₦892 million as of October 31, 2023.

Additionally, the ministry reported generating over ₦3.2 billion from expatriate quota applications in 2024, marking a 150% increase in overall revenue.

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