• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics
Home Opinions Blurb

IGR: States generate N986.2 billion in 9-month, up by 16.8% 

Bamidele Samuel Adesoji by Bamidele Samuel Adesoji
January 31, 2020
in Blurb, Business News, Politics, Research Analysis, Spotlight
FAAC, IGR, Fiscal federalism in Nigeria, NEC Inauguration, Bailout Fund: FG begins deduction of N614 billion from states’ allocation in 2 weeks , Ekiti, Enugu, Bayelsa, 12 others attract no investment in 1H , States’ debt stock, Fiscal federalism
Share on FacebookShare on TwitterShare on Linkedin

States in Nigeria generated the total sum of N986.2 billion Internally Generated Revenue (IGR) between January and September 2019. The latest IGR data released by the National Bureau of Statistics (NBS) disclosed.

According to the data, the total IGR generated by the states rose to N986.2 billion between January and September 2019, from N844.3 billion generated in the corresponding period of 2018. This means IGR for states rose by 16.8%.

Lagos, Rivers dwarf other states in revenue generation

During the period under review, Lagos State and Rivers recorded the biggest IGR across all the states. Nigeria’s commercial hub Lagos State generated 297.09 billion, representing 30% of IGR generated by all the states in the country.

MoreStories

Kuwait implements ‘Kuwaitisation’ employment policy barring foreign nationals from oil jobs

Kuwait introduces immigration reforms with longer residency, clearer visa rules 

January 22, 2026
Hand holding Nigerian Naira banknotes fanned out, representing currency exchange or financial context

Naira closes mid-week at N1,423/$ officially as parallel market hits N1,486/$

January 22, 2026
  • Similarly, Rivers State generated the total sum of N107.02 billion IGR, representing 11% of total IGR.
  • The Federal Capital Territory (FCT) ranks third with a total of N55.7 billion during the period under review.
  • Other states that make up the top 10 states with the biggest IGR include Ogun (N52.8 billion), Delta (N49.5 billion), Kaduna (N28.14 billion), Akwa Ibom (N26.6 billion), Kano (N25.8 billion), Ondo (N24.5 billion) and Kwara (N24 billion).
  • Meanwhile, Taraba, Gombe and Yobe states recorded the lowest IGRs of N4.72 billion, N4.24 billion and N3.34 billion.

[READ MORE: Foreign investors ship $21.14 billion to 22 States in 10-month)

IGR: States generate N986.2 billion in 9-month, up by 16.8% [full-list] 

Zamfara, Ekiti, Osun, others record biggest growth in IGR

While Lagos, Rivers and other states recorded the biggest IGR during the period under review, Zamfara, Ekiti and Osun recorded biggest growth in IGR in 2019.

  • According to the NBS data, Zamfara generated N4.45 billion IGR between January and September 2018, while the state’s IGR rose to N10.59 billion in the same period in 2019. This implies that Zamfara recorded a 138% increase in its total IGR during the period under review.
  • Also, Ekiti, Osun and Kebbi States rank second, third and fourth respectively with the biggest growth in IGR. Ekiti recorded N8.03 billion IGR in 2019 (9-month) from N3.97 billion in 2018, a 109% rise in IGR.
  • On the other hand, Osun State IGR rose from N7.5 billion in 2018 to N14.15 billion between in 2019, representing 88% in its IGR increase.
  • Kebbi generated N5.93 billion in 2019, compared to N3.17 billion recorded in the corresponding period of 2018.

 

IGR: States generate N986.2 billion in 9-month, up by 16.8% [full-list] 

Crunch revenue challenge for states

Revenue generation across states in Nigeria continues to remain a critical concern to most states; hence, the rise in IGR recorded in some of these states is a welcome development, as this is expected to ease off pressures from the fiscal constraint currently witnessed in the economy.

In an earlier report on Nairametrics, it was reported that revenue crisis that states witnessed in 2019 took its toll on the federal allocation, as the allocated fund to states for the period under review dropped by N49.56 billion. Specifically, State governors in Nigeria shared the sum of N2.53 trillion gross allocation in 2019.

Meanwhile, gross allocation to all states in Nigeria is subjected to a number of deductions. The deductions from monthly allocation to states include external debt payment, bail-out fund, National water rehabilitation projects, National Agricultural Technology Programme, payment for fertilizer, state water supply project, State Agricultural Project and National Fadama Project.

[READ ALSO: FG, States, LGs’ to share N635.82 for November)

While revenue improved slightly, most states have yet to implement the new N30,000 minimum wage. Organized labour unions have continued to intensify their tussles with several state governors who are yet to implement the new minimum wage.

Despite the slight rise in revenue, several states may further face financial constraints, as their Internally Generated Revenue and monthly allocations cannot meet their huge financial obligations.


Add Nairametrics on Google News
Follow us for Breaking News and Market Intelligence.
Tags: IGRInternally Generated RevenueNational Bureau of Statisticsstates revenue generationStates' Internally Generated Revenue
Bamidele Samuel Adesoji

Bamidele Samuel Adesoji

Samuel is an Analyst with over 5 years experience. Connect with him via his twitter handle

Next Post
Nairametrics Financial literacy, invest intelligently, portfolio diversification, treasury bills, Your next of kin, or not?, Investing in uncertain times, Things to accomplish during COVID-19 lockdown

Gross Profit vs. Net Profit: What every entrepreneur should know

Comments 2

  1. Victor Ojimadu says:
    January 31, 2020 at 7:04 am

    Please, I would like to know the data for the contribution of southeast Nigeria to the IGR. Particularly Anambra, Imo and Enugu.

    Reply
  2. Damilola J. Akinnagbe, CPA says:
    April 18, 2020 at 9:08 am

    Great article I am interested in getting more info on Ekiti State IGR
    1. What contributed to the jump in IGR collection
    2. Can you identify each line item with a variance of 5% when compared with 2019 final
    Thank you

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

rabafast

access bank
nairametrics
first bank









DUNS

Follow us on social media:

  • HOME
  • ABOUT NAIRAMETRICS
  • CONTACT US
  • DISCLAIMER
  • ADs DISCLAIMER
  • COPYRIGHT INFRINGEMENT

© 2026 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2026 Nairametrics