The 36 States of the federation and the Federal Capital Territory (FCT) recorded N1.89 trillion in internally generated revenue (IGR) in 2021, according to the National Bureau of Statistics (NBS).
According to the report, the 36 states and the FCT recorded N1.56 trillion of IGR in 2020.
The 2021 figure (N1.89 trillion) indicates a positive growth of 22 percent year-on-year, after the coronavirus pandemic impacted revenue generation the previous year.
Analysis
Checks by Quest Times show that Lagos has the highest IGR with N753.3 billion, representing 40 percent of the total IGR in 2021.
Lagos is followed by FCT with N131.9 billion; Rivers, N123.3 billion; Ogun, N100.7 billion; and Delta state, N80.2 billion.
Yobe, on the other hand, generated the least IGR (N8.5 billion) in 2021, followed by Taraba with N9.6 billion, Gombe with N10.6 billion and Katsina with N12 billion.
IGR by zones in 2021 shows that the south-west zone recorded the highest revenue, totalling N972.6 billion; followed by the south-south zone with N313.6 billion, while the north-east zone recorded the least internally generated revenue with N78.3 billion.