• HOME
  • SITE LINKS
    • About
    • Team
    • Privacy Policy
    • Terms & Conditions
    • Copyright
    • Advertise With Us
  • News
  • Disability
  • Education
  • Human Rights
  • Women
  • COVID-19
  • Opportunities
  • MORE
    • Opinion
    • Politics
    • Finance
    • Youths
    • Crime
    • Technology
    • International
    • Girls
    • Health
  • Contact
Menu
  • HOME
  • SITE LINKS
    • About
    • Team
    • Privacy Policy
    • Terms & Conditions
    • Copyright
    • Advertise With Us
  • News
  • Disability
  • Education
  • Human Rights
  • Women
  • COVID-19
  • Opportunities
  • MORE
    • Opinion
    • Politics
    • Finance
    • Youths
    • Crime
    • Technology
    • International
    • Girls
    • Health
  • Contact
Search
Close
Home News

IGR: Lagos, FCT, Rivers Lead as States’ mid-year IGR hits N849.12bn No ratings yet.

Adeyemi Okediran by Adeyemi Okediran
November 9, 2021
in News
0
Internally Generated Revenue Logo

Internally Generated Revenue Logo

0
SHARES
6
VIEWS
FacebookTwitterWhatsAppMail

The Internally Generated Revenue (IGR) Report at State level for Half Year (H1) 2021 as published by the National Bureau of Statistics disclosed Lagos State has the highest Internally Generated Revenue with N267,232,774,434.06 billion in H1 2021, followed by FCT with N69,072,879,664.43 billion and Rivers state with N57,324,672,372.42 billion, while Yobe state with N4,031,033,046.55 billion recorded the least.

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).

Figures obtained from the National Bureau of Statistics on Internally Generated Revenue Report at State level for Half Year 2021 revealed that the 36 States and FCT Internally Generated Revenue amounted to N849, 123,384,003.55 billion in H1 2021. In the first quarter of 2021, the internally generated revenue was N398, 259,343,434.98 billion while in the second quarter it amounted to N450, 864,040,568.57 billion. This indicates a positive growth of 13.21%.

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 billion followed by the South-South zone with N156,171,326,501.04 billion, while the North-East zone recorded the least internally generated revenue with N42,915,002,928.39 billion.

Amongst the Internally Generated Revenue categories, PAYE contributed the highest which amounted to N488,106,692,662.06 billion, this was followed by revenue from MDAs which amounted to N173,555,639,556.76 billion.

The least category was Road Tax with a contribution of N16,752,826,313.01 billion in the first half of 2021

Please rate this

Tags: Internally Generated RevenueNational Bureau of Statistics

Search Posts

No Result
View All Result

BONews Service

BONews is an online development news platform with focus on Women, Persons with Disabilities and Children. BONews contents span across Education, Health and impact-driven reports on all our focus areas.

Follow us

Facebook-f Twitter Linkedin Youtube

Browse by Category

  • News
  • Girls
  • Health
  • Women
  • Education
  • International
  • Book & Arts
  • Finance
  • Politics
  • Technology
  • Crime
  • COVID-19
  • Disability
  • Court
  • Human Rights
  • Military
  • Election
  • Security
  • Police
  • Judiciary
  • Corruption
  • Climate Change

Newsletter

Subscribe to our mailing list to receive daily updates direct to your inbox!

  • © 2020 BONews All rights reserved
  • Copyright
  • Terms & Conditions
  • Privacy Policy
  • Team