With the generation of 32.08 percent, 8.97 percent, 7.05 percent, and 4.57 percent share of 2020 Internally Generated Revenue (IGR) Lagos, Rivers, Federal Capital Territory (FCT), and the Delta States respectively generated 52.67 percent of the nation’s IGR in the year under review.
The other 33 States generated 47.33 percent of the total IGR the 36 States of the Federation and the FCT raised in 2020 was N1.306 trillion.
This is reflected in the National Bureau of Statistics (NBS) document titled: “Internally Generated Revenue at State level Q4 and Full Year 2020”, The Nation obtained on Tuesday.
According to the data, Yobe, Taraba, Adamawa, Gombe, and Jigawa recorded 0.60 percent, 0.62 percent, 0.64 percent, 0.65 percent, and 0.66 percent respectively, indicating that Yobe generated the least revenue of N7.77 billion.
Lagos, with the highest IGR, recorded N418.98 billion in the year under review.
On growth rate, the NBS data showed that Kebbi had 87.02 percent in 2020.
It noted that Ebonyi, Oyo, Borno, and Katsina recorded 82.30 percent, 42.23 percent, 42.63 per, and 34.16 growth rate respectively.
From the NBS data, Benue recorded the least growth rate of -41.38 percent. Sokoto, Kwara, Jigawa, and Ogun recorded -37.93 percent, -36.03 percent, -32.95 percent, and -28.44 percent growth rate respectively.
Whereas Lagos with the highest IGR of N418.98 billion had a growth rate of 5.0 percent, Kebbi that recorded the highest growth rate of 82.02 percent generated N13.778 billion revenue in the period under review.
The NBS document revealed that Lagos with the highest revenue of 32.08 percent and N418.98 IGR, contributed 21.67 percent to the Federation Account Allocation Committee (FAAC) and shared 5.05 percent from it in the period under review.
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