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36 States record N162.87b IGR in six months – NBS

BY David Oladele

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IGRInternally Generated Revenu

The 36 states of the Federation and the Federal Capital Territory (FCT) generated N162.87 billion in the first six months of the year.

Source: NBS

This was made known in the Internally Generated Revenue (IGR) at State level for Half Year 2020 report by the National Bureau of Statistics (NBS).

Source: NBS

According to the report, the “36 states and FCT IGR figure hits N612.87billion in H1 2020 compared to N693.91billion recorded in 2019.”

Source: NBS

The NBS noted that this indicates a negative growth of -11.7 percent yearly. NBS said this indicates a negative growth of -26.5 percent quarter on quarter.

Source: NBS

Lagos State, according to the report, recorded the highest IGR with N204.51billion recorded in H1 2020, followed by Rivers state with N64.59billion while Jigawa State recorded the least IGR.

Source: NBS

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