With N753.4bn, Lagos leads Abuja, 35 others on IGR

Lagos State collected the highest Internally-Generated Revenue (IGR) in the country last year.

The National Bureau of Statistics (NBS) which disclosed this in a statement on Sunday in Abuja, said the state recorded an IGR of N753.46 billion to pip the Federal Capital Territory (FCT) which collected N131.92 billion to the second place.

Lagos State also led other states in IGR collection with N660 billion and followed by Rivers at N117.19 billion in 2020.

The state collected N646.61 billion to push Rivers that got N169.6 billion to the second place in 2019.

In its Internally Generated Revenue at States Level (2019 – 2021) report, NBS said the 36 states in the country collected a total of N1.64 trillion as IGR in 2019.

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The agency noted that 64.65 percent of the revenue collected by the states was from taxes.

It added that the states’ IGR dropped by 4.65 from N1.64 trillion collected in 2019 to N1.56 trillion the following year.

NBS said: “The proportion of tax revenue in 2020 rose to 66.16 percent, however.

“In 2021, the 36 states collected N1.9 trillion internally, representing a growth rate of 21.54 percent over the 2020 revenue collections. “

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