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States IGR Fell Below Expectation In 2017, Declares NBS by OrientDailyNews: 1:21pm On Dec 12, 2017
-Anambra amongst states that failed to file reports

By Cyril Mbah, Abuja

The National Bureau of Statistics [NBS] has disclosed that internally generated revenue [IGR] by the 36 states for the third quarter [Q3] of 2017 fell below expectation.

NBS report released at the end of the first week of December 2017 however showed that the studies did not cover all the states namely: Abia, Adamawa, Akwa Ibom, Anambra, Bauchi, Bayelsa, Benue, Borno, Cross River, Delta, Ebonyi, Edo, Ekiti, Enugu, Gombe, Imo, Jigawa, Kaduna, Kano, Katsina, Kebbi, Kogi, Kwara, Lagos, Nassarawa, Niger, Ogun, Ondo, Osun, Oyo, Plateau, Rivers, Sokoto, Taraba, Yobe and Zamfara.

Seventeen states studied generated a total of N149.45 billion while the YTD revenue generated for the third quarter [Q3] of 2017 was put at N473.08 billion.

The figures excluded financial mop-up data from Rivers, Sokoto, Nasarawa, Niger, Kwara, Kano, Katsina, Kebbi, Kogi, Gombe, Edo, Borno, Bauchi, Adamawa, Abia, Ebonyi and Anambra states whose extimates have not yet been received by NBS to be included in the national IGR statistics for Q3 2017.

NBS said in a statement in Abuja that a shortfall of N334.84 billion was recorded in the revenue receiepts for the Q3 of 2017 throughout the federation when compared to what was obtained and recorded in 2016 from all the states.

It was noted that states like Bayelsa, Benue, Ekiti, Enugu and Jigawa surpassed their total 2016 internally generated revenue [IGR] figures in 2017 while Rivers, Sokoto, Nasarawa, Niger, Kwara, Kano, Katsina, Kebbi, Kogi, Gombe, Edo, Borno, Bauchi, Adamawa, Abia, Ebonyi and Anambra are yet to report their Q3 internally generated revenue [IGR] for 2017 and were not included in the analysis.

In 2016, the full year state internally generated revenue [IGR] figure of N807.92 billion excluded Anambra, Ebonyi and Rivers states that failed to report details for inclusion in the national data base.

As at the half year of 2017, the total revenue generated by states was put at N396.92 billion as against N392.06 billion for 2016 and the NBS said this represents an average growth of 1.24%.

According to the NBS report, 25 states performed better at internally generated revenue [IGR] by Q2 of 2017 compared to Q2 of 2016 and the states excludes Rivers, Ebonyi and Anambra but have not yet reported IGR details for Q2 2017 and their details were not included in the current report.

The NBS also said that the net Federal Accounts Allocation Committee [FAAC] allocation in half year of 2017 which stood at N744.4 billion was 187% higher than the IGR for same period in the Q2 2017 that saood at (N396.9 billion excluding figures from Anambra, Rivers and Ebonyi states.

“If we remove the FAAC for these three states without IGR records, then net FAAC allocation by Q2 2017 of N664.8 billion was 165% higher than total IGR for states with records by Q2 2017.”

The total revenue available to states was put at N1.05 trillion and these excluded internally generated revenue information for Rivers, Anambra and Ebonyi states, the report said.



http://orientdailynews.com.ng/news/states-igr-expectation-declares-nbs/

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