The National Bureau of Statistics (NBS) today released its report on the Internally Generated Revenue (IGR) for the third quarter ended September 2017. A total of N149.45bn was generated by states in the third quarter ended September 2017.
Year to date figures
States in the country have generated a total of N473.08 billion, year to date. This excludes Rivers, Sokoto, Nasarawa, Niger, Kwara, Kano,Katsina, Kebbi, Kogi, Gombe, Edo, Born, Bauchi, Adamawa, Abia Ebonyi and Anambra States who have not yet reported their IGR figures for the third quarter of 2017.
Largest Internally Generated Revenue
Lagos State made the biggest Internally Generated Revenue in the country at N168 billion, followed by Ogun State at N39 billion.
Smallest Internally Generated Revenue
Yobe State had the smallest internally generated revenue in the country for the 9 months ended September 2017 at N1.4 billion, while Zamfara State had an IGR of N2 billion.
Most improved
Nassarawa state had the biggest improvement in internally generated revenue, as its IGR increased by a whooping 238% from N1 billion in 2016 to N3 billion in 2017. This was closely followed by Jigawa State which had an increase of 112% from N1.6 billion in 2016 to N3.5 billion in 2017.
Laggards
Internally Generated revenue by Adamawa state fell by 37.58% from N3.7 billion in 2016 to N2.3 billion in 2017, making it the biggest decline among the states. Kano State had the second largest decline in internal generated revenue by 35% from N17.2 billion in 2016 to N11.1 billion in 2017.
States need to do more
While several states have improved their Internally Generated Revenue (IGR) massively, more needs to be done. Most of the states are still heavily dependent on Federal Account Allocation Committee (FAAC) allocations to pay salaries and meet other obligations. The Federal Government has had to provide bail out funds to most of the states, with many of them owing several months salary and pension arrears.
Here is a copy of the report.
