States Generate N264.38bn as IGR in Q3 2018, Says NBS

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The National Bureau of Statistics Publishes Internally Generated Revenue at State level for Q3 2018. 

The Q3 2018 states and FCT IGR figure hits N264.38bn compared to N279.78bn recorded in half-year 2018. This indicates a negative growth of -5.08% quarter on quarter.

Seventeen (17) States recorded growth in IGR while twenty (20) states recorded decline in IGR quarter on quarter at the end of Q3 2018.

The net FAAC allocation in Q3 2018 is put at N1.82 trillion while the total revenue available to the states is put at N2.72 trillion.

However, the value of foreign debt stands at $4.22bn while domestic debt hits N3.38 trillion at the end of 2018 half year respectively.

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Top Ten States IGR Q3 2018:

1. Lagos-N87.06bn
2.Rivers – N22bn
3. Ogun-N20.57bn
4.FCT -N14. 05bn
5.Delta-N13.14bn
6.Sokoto- N7.75bn
7 Kano- N7.09bn
8.Edo-N7.06bn
9. Akwa Ibom -N6.7bn
10.Kaduna -N5.99bn

Cross River had N3.21bn; Delta, N13.14bn; Ebonyi, N1.32bn; Edo, N7.06bn; Ekiti, N1.22bn; Enugu, N4.14bn; while Gombe had N1.26bn.

Moreover, Imo had N4.47bn; Jigawa, N2.34bn; Kaduna, N5.99bn; Kano, N7.09bn; Katsina, N1.61bn; Kebbi, N1.14bn; Kogi, N2.53bn; Kwara, N5.96bn; while Nasarawa had N1.59bn.

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Niger had N1.65bn; Ogun, N20.57bn; Ondo, N5.04bn; Osun, N2.73bn; Oyo, N5.88bn; Plateau, N3.26bn; Rivers, 2.88bn; Sokoto, N7.75bn; Taraba, N1.51bn; Yobe, N1.26bn; and Zamfara, N1.79bn.

The statistics office also disclosed that the FCT had N14.05bn disaggregated IGR collection in Q3 2018.

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States IGR data was computed by the NBS and the Joint Tax Board from official records and submissions by the 36 State Boards of Internal Revenue.

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