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States generate N682.7‎bn IGR in 2015 – NBS

The National Bureau of Statistics (NBS) has said that the 36 states of the federation generated about N682.7 billion as Internally Generated Revenue (IGR) in 2015 fiscal year.

In a report released at the weekend in Abuja, it indicated that while some states recorded a decline in revenue compared to 2014, others were able to shore up their revenue base within the 2015 fiscal period.

An analysis of the report showed that Lagos State generated the highest IGR of N268.2 billion, followed by Rivers State with N82.1 billion and Delta State with N40.8 billion.

It also showed the states with the lowest IGR ‎in 2015 as Ebonyi State with zero IGR followed by Yobe state with N2.2 billion and Zamfara with N2.7 billion.

According to the report, the overall IGR of states had dropped by N25.18 billion from N707.9 billion in 2014 to N682.67 billion in 2015.

It further revealed that 11 states were able to shore up their revenue within the period, while 24 recorded a decline in revenue performance.

The 11 states that were able to shore up their revenue according to the report are Ogun State from N17.49 billion to N34.59 billion, Abia State from N12.3 billion to N13.4 billion, Anambra State from N10.4 billion to N14.79 billion.

Bauchi State from N4.85 billion to N5.39 billion, Borno State from N2.76 billion to N3.53 billion, Edo State from N17 billion to N19.1 billion, Kogi State N6.5 billion to N6.7 billion and Nasarawa State from N4.08 billion to N4.28 billion.

The rest were Niger State from N5.73 billion to N5.97 billion, Sokoto State N5.6 billion to N6.2 billion and Taraba State from N3.79 billion to N4.15 billion.

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