Lagos leads other states with over N267bn in IGR for HI, 2021 – NBS Report

Advertisements

Lagos State has topped the Internally Generated Revenue (IGR) Report chart at state level for the first half of the year (H1, 2021), according to the National Bureau of Statistics (NBS).

The NBS Report disclosed that Lagos generated N267, 232,774,434.06 billion, representing IGR for H1, 2021.

Advertisements

The IGR Report is sub-headed under five categories: PAYE, Direct Assessment, Road Taxes, Other Taxes and revenue from Ministries, Departments and Agencies (MDAs).

According to the NBS report, the 36 States and Federal Capital Territory (FCT) generated N849,123,384,003.55 billion in H1 2021.

 “In the first quarter of 2021, the IGR was N398,259,343,434.98 billion, while in the second quarter it amounted to N450,864,040,568.57 billion, indicating a positive growth of 13.21%.

 “Lagos State has the highest IGR with N267,232,774,434.06 billion in H1 2021, followed by the FCT with N69,072,879,664.43 billion and Rivers State with N57,324,672,372.42 billion. Yobe State recorded the least with N4,031,033,046.55 billion,” the report read.

Advertisements
Advertisements

Leave a Reply

Your email address will not be published. Required fields are marked *