Ondo state outrun thirty-five other states in the country in the accrual of Internally Generated Revenue (IGR) in 2018, latest states IGR data by the National Bureau of Statistics have shown.

Ondo grew its IGR by more than double to N24.79 billion in 2018 from N10.93 billion achieved a year earlier, causing the state to jump 11 steps to become ninth-highest revenue- generating state of the federation after Lagos, Rivers, Ogun, Delta, Kano, Kaduna and Edo state which sustained their positions.

Lagos generated N382.2 billion as revenue in 2018, representing a 14.4 percent increase compared with N333.97 billion realised in 2017.

Rivers recorded a 26 percent growth in its IGR to N112.8 billion from N89.5 billion, while Ogun raised N84.55 billion as IGR in 2018, about 13 percent higher than N74.84 billion recorded in the previous year.

As a result, the combined revenue received by the three states accounted for 52 percent of the total revenue of N1.10 trillion generated by all the Nigerian states in 2018, which is 17.8 percent more than N936.47 billion recorded in 2017.

The total growth was driven by increases in the IGR of thirty-two states that recorded growth, even as four other states comprising Osun, Benue, Cross River and Abia recorded worse revenue performance in the review year compared with 2017.

Osun’s IGR fell the most to N10.38 billion from N11.73 billion. Benue followed closely with a 9.55 percent decline to N11.22 billion from N12.4 billion, Cross River was down by 3 percent to N17.55 billion from N18.1 billion, while Abia recorded a marginal drop of 0.55 percent to N14.83 billion in 2018 compared with N14.92 billion received in the previous year.

However, the revenue generated by each of the four states in 2018 was more than Yobe, Kebbi, Taraba, Ebonyi, Adamawa, Ekiti, Borno, Katsina, Gombe, Nassarawa, Zamfara, Jigawa and Bauchi.

Yobe recorded the lowest IGR of N4.38 billion. Kebbi trailed with a total internally generated revenue of N4.88 billion, while Taraba generated the third-lowest revenue of N5.97 billion in the country in 2018.

Also, the Federal Capital Territory (FCT), Abuja generated N65.52 billion as IGR in the review period.


https://businessday.ng/lead-story/article/ondo-records-fastest-igr-growth-as-nigerian-states-generate-n1-1tn-in-2018/

First to comment

F

Ok

FULL LIST

Figures.. we are tired of figures since 1960. Not what they are telling us, but we need the figures of the money secretly swallowed.

N

the title is misleading

I commented too

Good job

Asari Dokubo:The Ijaws in Ondo are masters to their slaves,the Afonjass

shey the same ondo state wey i dey?

OndoFirstBorn:
Ondo state outrun thirty-five other states in the country in the accrual of Internally Generated Revenue (IGR) in 2018, latest states IGR data by the National Bureau of Statistics have shown.

Ondo grew its IGR by more than double to N24.79 billion in 2018 from N10.93 billion achieved a year earlier, causing the state to jump 11 steps to become ninth-highest revenue- generating state of the federation after Lagos, Rivers, Ogun, Delta, Kano, Kaduna and Edo state which sustained their positions.

Lagos generated N382.2 billion as revenue in 2018, representing a 14.4 percent increase compared with N333.97 billion realised in 2017.

Rivers recorded a 26 percent growth in its IGR to N112.8 billion from N89.5 billion, while Ogun raised N84.55 billion as IGR in 2018, about 13 percent higher than N74.84 billion recorded in the previous year.

As a result, the combined revenue received by the three states accounted for 52 percent of the total revenue of N1.10 trillion generated by all the Nigerian states in 2018, which is 17.8 percent more than N936.47 billion recorded in 2017.

The total growth was driven by increases in the IGR of thirty-two states that recorded growth, even as four other states comprising Osun, Benue, Cross River and Abia recorded worse revenue performance in the review year compared with 2017.

Osun’s IGR fell the most to N10.38 billion from N11.73 billion. Benue followed closely with a 9.55 percent decline to N11.22 billion from N12.4 billion, Cross River was down by 3 percent to N17.55 billion from N18.1 billion, while Abia recorded a marginal drop of 0.55 percent to N14.83 billion in 2018 compared with N14.92 billion received in the previous year.

However, the revenue generated by each of the four states in 2018 was more than Yobe, Kebbi, Taraba, Ebonyi, Adamawa, Ekiti, Borno, Katsina, Gombe, Nassarawa, Zamfara, Jigawa and Bauchi.

Yobe recorded the lowest IGR of N4.38 billion. Kebbi trailed with a total internally generated revenue of N4.88 billion, while Taraba generated the third-lowest revenue of N5.97 billion in the country in 2018.

Also, the Federal Capital Territory (FCT), Abuja generated N65.52 billion as IGR in the review period.


https://businessday.ng/lead-story/article/ondo-records-fastest-igr-growth-as-nigerian-states-generate-n1-1tn-in-2018/

AKETI IS A WORKING GOVERNOR. ALL OTHER IDLE GOVERNOR ARE THE WORKS OF MERE MEN. ONDO STATE TO THE WORRRRRRRRRRRRRRRRRRRRRRRRRRRLD!

Edo nimose will soon be number 1 after work on the Benin river port commence in 2020.

pH and Benin will be the economic and industrial hub of south south

income that would only reflect on paper bu wont affect the common man

I just like this akeredolu he is working and still improving the state IGR some online APC members that see Tinubu as there mentor will come here to condemn this man

Lagos are you sleeping

They want to tax the few businesses there to death. For any one thinking of starting a new business, with this info, Ondo state is a no go area

ShinqRambq:
Asari Dokubo:The Ijaws in Ondo are masters to their slaves,the Afonjass

what is this mu mu saying now?

With the way Ondo state is going, our "developers" will soon term it "No man's land"


Meanwhile, one SE state in the top 20 while SW has 4.

They generate huge IGRs, they collect money from the federation account, yet they owe poor workers meager salaries. May God punish every governor who deliberately impoverishes our people.


By the way, Visit Lagos!

How Akeredolu did it. Kudos to my amiable Governor!

ShinqRambq:
Asari Dokubo:The Ijaws in Ondo are masters to their slaves,the Afonjass

Lol

Asari Dokubo has really dealt serious blows to your psyche. Better don't provoke him so that he won't wipe out your muddy villages.

That guy got you muddy niggers by the balls and he's treating your foolishness.