The 36 States and Federal Capital Territory recorded a total sum of N986.2 billion as Internally Generated Revenue (IGR) between January and September 2019.
The figure was released by the National Bureau of Statistics (NBS).
According to the data, the total IGR generated by the states rose by 16.8% for the period under review, from N844.3 billion in 2018 to N986.2 billion in 2019.
During the period under review, Lagos and Rivers States generated the highest revenue among the states.
Lagos State generated 297.09 billion, representing 30% of IGR generated by all the states in the country while Rivers State generated N107.02 billion, representing 11% of the total IGR.
The Federal Capital Territory (FCT) came a distant third generating the sum 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).
READ ALSO: N275bn Generated From VAT In Third Quarter Of 2019–NBS
Meanwhile, Taraba, Gombe and Yobe states recorded the lowest IGRs of N4.72 billion, N4.24 billion and N3.34 billion respectively.
On the other hand, Zamfara, Ekiti and Osun recorded the 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 representing a 138% increase in its total IGR during the period under review.
Ekiti, recorded a 109% growth having generated N8.03 billion internally in the 9 months under review in 2019 against N3.97 billion for the same period in 2028.
For Osun State, the growth rate was 88% as the IGR rose from N7.5 billion in 2018 to N14.15 billion in 2019.
