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Lagos scoops N267bn as IGR, leads FCT, Rivers, Others

INSIDEMAINLAND – Lagos State has recorded the highest Internally Generated Revenue (IGR) with N267bn, according to a report published by the National Bureau of Statistics (NBS).

It was followed by the FCT with N69bn and Rivers, N57bn. Yobe State had the least amount with N4bn; Taraba, N4.7bn; Gombe, N5.4bn.

The 36 states and the Federal Capital Territory generated N849.123bn as IGR in 2021 compared to N612.87bn in 2020.

According to the report, N398 billion was generated in the first quarter of 2021 and N450bn in the second quarter, making a positive growth of 13.21 percent.

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The report categorized the IGRs into five subheads of PAYE, Direct Assessment, Road Taxes, Other Taxes, and revenue from Ministries, Departments, and Agencies (MDAs).

The IGR of other states within the period under review were Abia, N7.5bn; Adamawa, N6bn; Akwa Ibom, N18bn; Anambra, N12.7bn; Bauchi, N9.4bn; Bayelsa, N6.4bn; Benue, N6.7bn; Borno, N9.8bn; Cross River, N14.7; Delta, N41.9bn; Ebonyi, N7.7bn; Edo, N17.6bn; Ekiti, N6.5Bbn; Enugu, N14.1bn; Imo, N9.9bn; Jigawa, N9.3bn; Kaduna, N26.4bn and Kano, N15bn.

Others were Katsina, N7.4bn; Kebbi, N7.3bn; Kogi, N9.6bn; Kwara, N15.9bn; Nasarawa, N9.5bn; Niger, N7.9bn; Ogun, N54bn; Ondo, N17.9bn; Osun, N13.6bn; Oyo, N25.9bn; Plateau, N14.4bn; Sokoto, N8.4bn and Zamfara, N8.4bn.

It added that Pay-As-You-Earn (PAYE) contributed the highest amount to the states with N488bn, followed by revenue from MDAs, N173bn with Road Tax contributing the lowest with N16bn.