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New Statistics Show Increase in Lagos’ IGR

by Oluwatosin Fatoyinbo

As should expected, the Internally generated revenue (IGR) of Lagos State increased among the 36 states of the federation to about N384.2 billion compared to N219.2 billion in the previous year.

This was according statistics released by the National Bureau of Statistics (NBS) yesterday

Rivers closely follow with about N66.2 billion in 2012 to about N87.9 billion. Coming third is Enugu State with about N20.2 billion in 2013, up from about N12.2 billion in 2012. Edo State’s IGR increased by about N19.2 million to N18.89 billion in 2013 compared to an estimated N18.88 billion in 2012.

However, while Zamfara State also witnessed an increase in IGR from about N2.5 billion in 2012 to about N3 billion in 2013, Taraba State’s IGR dropped marginally to about N3.3 billion in 2013, compared to about N3.4 billion in 2012.
IGR has become a critical fiscal enhancement tool for states in recent times amid dwindling oil revenue from the Federation Account.

Anambra State’s IGR increased to about N8.7 billion in 2013 compared to about N7.6 billion the previous year, while Akwa Ibom also had positive yields for the period recording about N15.3 billion from about N13.5 billion in 2012.

IGR for Kwara State improved from about N11.3 billion in 2012 to about N13.8 billion in 2013, while that of Kogi State also went up from about N3.1 billion in 2012 to about N5 billion in the period under review.
Bayelsa State’s IGR stood at about N10.5 billion in 2013 from about N3.6 billion in 2012.

However, IGRs for Borno, Yobe and Adamawa, the three North-east states that have witnessed the highest levels of insecurity, as well as Kano, were not provided for in 2013.

However statistics Ogun, Ondo, Osun, Oyo, Sokoto, Jigawa, Imo, Gombe, Ekiti and Ebonyi ,Delta, Cross River, Benue, Bauchi and Abia States were not released.

 

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