Internally Generated Revenue At State Level (H1 2021)
The National Bureau of Statistics published the Internally Generated Revenue (IGR) Report at State level for Half Year (H1) 2021. The Internally Generated Revenue Report is sub-headed under five categories: PAYE, Direct Assessment, Road Taxes, Other Taxes and revenue from Ministries, Departments and Agencies (MDAs).
The 36 States and FCT Internally Generated Revenue amounted to N849,123,384,003.55 in H1 2021. In the first quarter of 2021, the internally generated revenue was N398,259,343,434.98 while in the second quarter it amounted to N450,864,040,568.57. This indicates a positive growth of 13.21%.
Lagos state has the highest Internally Generated Revenue with N267,232,774,434.06 in H1 2021, followed by FCT with N69,072,879,664.43 and Rivers state with N57,324,672,372.42. While Yobe state with N4,031,033,046.55 recorded the least.
Internally Generated Revenue by zones in the first half of 2021 shows that the South-West zone recorded the highest revenue which amounted to N385,414,274,922.27 followed by the South-South zone with N156,171,326,501.04, while the North-East zone recorded the least internally generated revenue with N42,915,002,928.39.
Data source: National Bureau of Statistics