Four states in the country accounted for more than 60 percent of Nigeria's internally generated revenue in the last five years.
Total internally generated revenue by the 36 states of the federation amount to 4.5 trillion naira with the five years period under review.
The top four states accounted for 60.22 percent of the total IGR. while the remaining 32 states generated 1.79 trillion naira or 39.78 percent for the period.
Lagos state top the list of states with highest IGR collection with 1.72 trillion naira, accounting for 38.22 percent of the total IGR generated by the 36 states of the federation.
Lagos generated 236.2 billion naira in 2013, 276.16 billion naira in 2014, 268.2 billion naira in 2015, 302.43 billion naira in 2016 and 333.97 billion naira in 2017.
Rivers State came a distant second with a revenue performance of 433.9 billion naira in the period. The state accounted for 9.64 percent of the total IGR collected by the states in the five-year period.
Rivers State generated 87.91 billion naira, 89.11 billion naira 82.1 billin naira, 85.29 billion naira and 89.48 billion naira in 2013, 2014, 2015, 2016 and 2017 respectively.
Ogun State cam third with a total of 286.67 billion within the period of five years. The state accounted for 6.37 percent of the total IGR that the 36 states of the federation collected within the same period of time.
The state generated 13.78 billion naira in 2013, 17.5 billion naira in 2014, 34.6 billion naira in 2015, 72.98 billion naira in 2016 and 74.84 billion naira in 2017.
On the fourth position in IGR is Delta State, which generated 273.84 billion naira in the five-year period. The state accounted for 6.09 percent of the entire IGR collected by the subnational governments in five years.
The state generated 50.21 billion naira, 42.82 billion naira, 40.81 billion naira, 44.06 billion naira and 51.89 billion in 2013, 2014, 2015, 2016 and 2017 respectively.
0 comments:
Post a Comment