The Internally Generated Revenue (IGR) by states in Nigeria increased by 65.9 percent to N264.4 billion in the third quarter of 2018 from N159.3 billion in the same corresponding period of 2017, according to National Bureau of Statistics (NBS) states IGR report released this morning.
However the report excluded Sokoto, Nasarawa, Niger, Kwara, Kano, Katsina, Kebbi, Kogi, Gombe, Edo, Borno, Bauchi, Adamawa, Abia, Ebonyi and Anambra who were yet to report their IGR figures for Q3 2017.
BusinessDay analysis of the Data from the NBS released this morning showed that Lagos, Rivers , Ogun , Abuja and Delta were the states with the highest IGR generating N87.1 billion, N22.9 billion,N20.5 billion,N14.1 billion,N13.1 billion respectively.
While states with the least IGR includes Kebbi, Ekiti, Gombe,Yobe and Ebonyi with N1.1 billion, N1.2 billion, N1.26 billion, N1.26 billion and N1.3 billion respectively.
17 States recorded growth in IGR while twenty states recorded decline in IGR quarter on quarter at the end of Q3 2018.
The net Federation Account Allocation Committee (FAAC) allocation in Q3 2018 is put at N1.82 trillion while the total revenue available to the states is put at N2.72 trillion.
More details later………
