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Nigeria IGR 2019:Lagos generates more Revenue than 26 states combined-NBS

Nigeria Internal Generated Revenue IGR of the 36 states and the FCT in 2019  has been revealed to be N1.33tn

According to National Bureau of Statistics, Nigeria’s commercial hub Lagos State generated  generate N398.7bn in 2019 alone more than 26 states combined.

The NBS, in a report posted on its website, said the 36 states and FCT IGR figure hits N1.33trn in 2019 compared to N1.17trn recorded in 2018. This indicates a positive growth of 20.92% year on year.

The IGR made by the states excludes the monthly allocation that they received from the Federation Accounts Allocation Committee.

The  IGR was generated from five main revenue sources: Pay-As-You-Earn, direct assessment, road taxes, Ministries, Departments and Agencies, and other revenue.

According to NBS, Lagos State is more than those of Taraba, Gombe, Kebbi, Ebonyi, Borno, Yobe, Katsina, Ekiti, Adamawa, Nasarawa, Bauchi, Niger, Jigawa, Abia, Zamfara, Imo, Bayelsa, Kogi, Plateau, Benue, Osun, Sokoto, Cross River, Anambra, Oyo and Edo which had a combined N375.2bn.

River state come second on IGR h generate N140.3bn.

The Federal Capital Territory which was classified as a state in the report, came third with N74.5bn while Ogun came 4th with N70.9bn.

The states with the lowest revenue are Taraba, Gombe and Kebbi which generated N6.5bn, N6.8bn and N7.3bn respectively.

 

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