Nigeria’s National Bureau of Statistics (NBS) has released a snapshot of the Internally Generated Revenue (IGR) profile of 23 Nigerian states, which generated N586.6bn (about $3bn) in total in 2014 fiscal period. According to the NBS report, the IGR was earned from four major sources of Pay-As-You-Earn, direct assessment, road taxes and other revenues.
Nigeria’s Punch newspaper report on Thursday said that Lagos State recorded the highest IGR of N276.1bn (about $1.4bn) in the period under review.
The N276.1bn generated by Lagos last year was 28.1 percent lower than N384.2bn (about $2bn) which the state earned as IGR in the 2013 fiscal period.
Further analysis revealed that the amount that Lagos earned in 2014 was also 47 percent of what all the other 22 states collected as IGR in the same period.
The report stated that while the figures for the other 13 states were still being expected, Rivers State, with a total IGR of N89.1bn, followed on the revenue chart.
The N89.1bn earned by Rivers State represented an increase of N1.19bn when compared to the N87.91bn for 2013.
Others are Akwa Ibom, with N15.6bn; Anambra, N10.4bn; Bayelsa, N10.9bn; Enugu, N19.2bn; Katsina, N6.2bn; Kogi, N6.5bn; Ekiti, N3.4bn; Osun, N8.5bn; Oyo, N16.3bn; and Imo, N8.1bn. The rest are Niger, N5.7bn; Plateau, N8.2bn; Zamfara, N3.1bn; Delta, N42.8bn; Benue, N8.2bn; Bauchi, N4.8bn; Kaduna, N12.7bn; Katsina, N6.2bn; Kebbi, N3.8bn; Nasarawa, N4.05bn; Ogun, N17.4bn; Sokoto, N5.6bn and Zamfara, N3.1bn.
The report listed the 13 states that had yet to provide details of their IGR for 2014 as Abia, Adamawa, Borno, Cross River, Ebonyi, Edo, Gombe, Jigawa, Kano, Kwara, Ondo, Taraba and Yobe.
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