Latest report by the National Bureau of Statistics shows that Lagos, Delta, Kaduna and Ogun states are leading on the ranking of states with the highest internally generated revenue in the country.
This is contained in the NBS “Internally Generated Revenue At State Level” report for fourth quarter and full year 2020 published on its website on Friday.
The report says NBS said Lagos state recorded the highest IGR of N418.99 billion, closely followed by Rivers with N117.19 billion and the FCT with N92.05 billion.
Delta state recorded N59.732 billion, Kaduna N50.768 billion, Ogun N50.749 billion, Oyo N38.042 billion, Kano N31.819 billion, Akwa Ibom N30.696 billion, Anambra N28.009 billion, Edo N27.184 billion, Ondo N24.848 billion, and Enugu N23.650 billion.
Going further, Osun recorded N19.668 billion, Kwara N19.604 billion, Plateau N19.122 billion, Zamfara N18.499 billion, Kogi N17.357 billion, Imo N17.081 billion, Cross River N16.183 billion, Abia N14.376 billion, Kebbi N13.778 billion, and Ebonyi N13.591 billion.
However, Yobe recorded the least IGR of N7.779 billion, followed by Taraba N8.114 billion and Adamawa N8.329 billion, Gombe N8.537 billion, Jigawa N8.667 billion, Ekiti N8.716 billion.
Benue state recorded N10.463 billion, Niger N10.524 billion, Katsina N11.399 billion, Borno N11.578 billion, Sokoto N11.796 billion, Bayelsa N12.180 billion, Nasarawa N12.476 billion, Bauchi N12.502 billion.
In its release, NBS submitted that 36 states and the Federal Capital Territory (FCT) generated N1.31 trillion as Internally Generated Revenue (IGR) in 2020 compared to N1.33 trillion recorded in 2019.
This indicates a negative growth of -1.93 per cent year on yea