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NBS Reveals IGR Nigerian States Generated In 2017 - Politics - Nairaland

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NBS Reveals IGR Nigerian States Generated In 2017 by Okwyla: 12:16pm On Mar 24, 2018
The National Bureau of Statistics (NBS), says the total Internationally Generated Revenue (IGR) at the state level was N931.23bn in 2017 fiscal year.

In its latest data report released on Friday, the N931.23bn IGR realised by the 36 states in the whole of 2017 was N100.04bn higher compared to N831.19bn generated in the preceding year.

According to the report, the figure indicates a growth of 12.03% year on year.


The report also shows that the total of N432/65bn was generated at the end of the second half (H2 2017), as against N409.09bn generated in H1 2017.

The NBS said thirty-one (31) States recorded growth in IGR in the year under review, while five (5) states which include (Akwa Ibom , Anambra , Bauchi, Osun and Taraba) recorded a decline at the end of 2017 Fiscal Year.

The net FAAC allocation in year 2017 is put at N1.73 trillion while the total revenue available to the states is put at N2.67 trillion.

However, the value of foreign debt stands at $19.9bn while domestic debt hits N3.35 trillion at the end of 2017 full year respectively.

http://www.akelicious.net/2018/03/nbs-reveals-igr-nigerian-states.html

Re: NBS Reveals IGR Nigerian States Generated In 2017 by Donpresh95(m): 1:16pm On Mar 24, 2018
However, the value of foreign debt stands at $19.9bn while domestic debt hits N3.35 trillion at the end of 2017 full year respectively

After 6 trillion naira budget, $19.9bn int'l Dept,N3.35 trillion domestic Dept, THEN MADE A REVENUE OF 931 billion naira .

IF YOU THINK WE MADE A PROGRESS AND MOST OF THIS MONEY WAS NOT STOLEN, YOU NEED MENTAL REHABILITATION
Re: NBS Reveals IGR Nigerian States Generated In 2017 by CodeTemplar: 1:29pm On Mar 24, 2018
The main issue is the fact that they can't pay salaries.

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