The Q3 2017 YTD revenue generated by states was put at N473.08bn. This excludes Rivers, Sokoto, Nasarawa, Niger, Kwara, Kano, Katsina, Kebbi, Kogi, Gombe, Edo, Born, Bauchi, Adamawa, Abia Ebonyi and Anambra States (represented by -) who have not yet reported their IGR figures for Q3 2017.
In the report signed by the Statistician General of the Federation and Chief Executive, NBS, Dr. Yemi Kale and made available to BrandSpur Nigeria, the bureau said a shortfall of N334.84bn was recorded as at Q3 2017 when you compared the full year 2016 and Q3 2017 YTD IGR figures of all states. States like Bayelsa, Benue, Ekiti, Enugu, and Jigawa have already surpassed their total 2016 IGR figures as of Q3 2017.
*Note that Rivers, Sokoto, Nasarawa, Niger, Kwara, Kano, Katsina, Kebbi, Kogi, Gombe, Edo, Born, Bauchi, Adamawa, Abia Ebonyi and Anambra(represented by -) have not yet reported for Q3 2017 so have no analysis here.
The full year 2016 state IGR figure of N807.92bn excludes Anambra, Ebonyi and Rivers states who are yet to report on details for either one or all of the last 3 years.
As in the half year 2017, total revenue generated by states was put at N396.92bn as against N392.06bn. This represents an average growth of 1.24%. 25 States are doing better with IGR by Q2 2017 compared to Q2 2016 and this excludes Rivers, Ebonyi and Anambra (represented by -) who have not yet reported IGR details for Q2 2017 and who have not reported details for either one of all of the last 3 years.
The net FAAC allocation in half-year 2017 (N744.4bn) was 187% higher than IGR for the same period in Q2 2017 (N396.9bn) excluding IGR for Anambra, Rivers and Ebonyi states. If we remove FAAC for these 3 states without IGR records then net FAAC allocation by Q2 2017 (N664.8 bn) was 165% higher than total IGR for states with records by Q2 2017.
The total revenue available to states was put at N1.05trn and these exclude IGR information for Rivers, Anambra and Ebonyi States (represented with -).