IGR: 36 states, FCT generate N612.87bn in H1 2020 - NBS

The National Bureau of Statistics (NBS) has disclosed that the 36 states of the federation and the Federal Capital Territory (FCT) raked in a total of N612.87 billion as internally generated revenue (IGR) for half-year 2020 (Q1 2020 and Q2 2020).

At the Q1 2020, the figure stood at N353.14 billion, and N259.73 billion in Q2 2020, indicating a negative growth of - 26.5 percent quarter on quarter.

The bureau made this available on its website on Tuesday. NBS stated that the IGR from the 36 states and the FCT for 2019 was at N693.91 billion, which indicates a negative growth of -11.7 percent year on year.

The report showed that Lagos had the highest IGR of N204.51 billion recorded in H1 2020, closely followed by Rivers with N64.59 billon, while Jigawa State recorded the least at N3.005 billion.

It further revealed that in the Northeast, Bauchi got the highest IGR of N5.752 billion in H1 2020, closely followed by Borno with N5.379 billion. Gombe had the least at N3.787 billion.

In the Southeast, the report shows that Enugu State had the highest IGR of N12.262 billion in H1 2020, followed by Anambra with N9.546 billion. Abia State got the least at N6.188 billion.

The report also indicates that in the Northwest, Kano State led the chart with N17.509 billion, followed by Kaduna with N14.549 billion.

In the North-central, Plateau State had the highest IGR of N9.400 billion, followed by Kogi with N7.434 billion. Meanwhile, FCT recorded N35.206 billion in H1 2020.