States IGR hit N986.29bn in 9 months- NBS
The National Bureau of Statistics, NBS, says the internally generated revenue, IGR, of the 36 states and Federal Capital Territory, FCT, rose to N986.29 billion from January to September 2019, compared to N692.49 billion recorded earlier.
NBS disclosed this in its Q3 2019 publication of internally generated revenue at state level, where it noted that in the Q3 2019 states and FCT IGR figure hit N293.80 billion compared to N392.38 billion recorded in Q2 2019.
According to report, this indicates a negative growth of 25.12 per cent quarter on quarter as seven states recorded growth in internally generated revenue while thirty states and the FCT recorded decline in IGR at the end of Q3 2019.
It said Lagos state had the highest internally generated revenue with N297.09bn recorded, closely followed by Rivers with N107.03 billion while Yobe State recorded the least internally generated revenue.
The report gave a state-by-state ranking of IGR from the first to third quarters as follows Lagos 297,096,404,496.23; Rivers 107,026,069,374.26; FCT 55,722,866,844.15; Ogun 52,869,973,737.42; Delta 49,510,033,951.08; Kaduna 28,148,559,525.35; Akwa Ibom 26,615,160,743.41; Kano 25,805,331,424.44; Ondo 24,536,280,663.53; Kwara 24,000,797,142.04; Edo 22,264,939,563.02 and Oyo 20,004,354,521.17.
Oyo is followed by Cross River with 19,615,781,049.10; Anambra 16,858,191,073.36; Benue 14,931,357,146.41; Enugu 14,883,721,307.00; Sokoto 14,355,880,533.48; Osun 14,158,775,213.78; Imo; 13,106,945,973.68 Plateau 12,784,254,451.90; Kogi 12,582,837,850.17; Niger 11,266,793,542.26; Abia 10,608,405,626.55; Zamfara 10,592,959,938.10; Bauchi 10,016,965,392.67; Jigawa 9,058,640,559.15; Bayelsa 8,370,402,822.06 and Ekiti 8,305,518,944.82.
Nasarawa state followed with 7,849,177,354.24, Adamawa 6,816,719,775.69; Katsina 6,609,547,488.00; Borno 6,041,090,913.57; Kebbi 5,933,322,165.98; Ebonyi 5,640,351,717.51
Taraba 4,722,206,050.71; Gombe 4,240,248,706.46 and Yobe 3,343,282,492.86, making a total of 986,294,150,075.61 from Q1-Q3 2019.