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Kwara’s IGR dipped by 73% as 23 states’ revenues shrank in 2015

The Internally Generated Revenue (IGR) of Kwara State dipped by 73.57 per cent as the IGR of 22 more states dropped in 2015. A report…

The Internally Generated Revenue (IGR) of Kwara State dipped by 73.57 per cent as the IGR of 22 more states dropped in 2015.
A report released by the National Bureau of Statistics (NBS) indicated that the revenues generated by states dropped by N25.19bn in 2015 at a time when allocations from the federal government also dipped drastically due to shortfalls in oil receipts.
The 36 states’ IGR plummeted from N707.86bn recorded in 2014 to N682.67 in 2015.
The state most affected by the fall in IGR was Kwara state as its IGR dropped by 73.57 per cent in 2015 against the value recorded in the preceeding year.
The state’s IGR dropped by N5.28bn from N12.46bn recorded in 2014 to N7.94bn in 2015.
States such as Imo, Yobe, Bayelsa, Jigawa, Adamawa, Akwa Ibom, Benue, Delta, Cross River, Ekiti, Enugu, Gombe, Kaduna, Kano, Katsina, Kebbi, Lagos, Ondo, Osun, Oyo, Rivers and Zamfara suffered severe drop in revenues generated internally.
States that witnessed increase in their IGR last year were Abia, Anambra, Borno, Edo, Kogi, Nasarawa, Niger, Ogun, Sokoto, and Taraba.
Lagos maintained its lead on the IGR table in terms of states with the highest value of IGR across the country.
Though the state saw its revenue dropped by N7.94bn last year, it generated a total of N268.22bn as against N276.16bn generated in 2014.
Yobe State generated the least revenue as reported by the NBS at N2.74bn in 2015, N822.45m less than the N3.07bn generated in 2014.