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Lagos, Rivers, FCT, Ogun Earned More Than Other 33 States Combined - Politics - Nairaland

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VAT: Lagos, Oyo, Rivers, FCT Subsidise 33 States / Lagos, Rivers, FCT, Ogun Earned More Than Other 33 States combined 2020-NBS / Lagos IGR rises by N32.99bn — higher than 33 states put together (2) (3) (4)

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Lagos, Rivers, FCT, Ogun Earned More Than Other 33 States Combined by ArmedRobber: 6:34pm On Oct 07, 2020
The index in Tuesday's report revealed that the IGR of Lagos State, put at N204 billion, is higher than that of at least 29 states put together.
ByKabiru Yusuf October 7, 2020 2 min read
The quartet of Lagos, Rivers, the FCT and Ogun State raked in a total internally generated revenue more than all other 33 states of the federation combined in the first half of 2020, the National Bureau of Statistics (NBS) said.

The NBS said the 36 states of the federation and federal capital territory generated N612.87 billion in the first half of 2020.

Of the total amount, the aforementioned states and the capital city earned N335 billion, equivalent to 54 per cent. Other states made a total of N277 billion (46 per cent).

The index in Tuesday’s report revealed that the IGR of Lagos State, put at N204 billion, is higher than that of at least 29 states put together, with only Rivers, FCT, Ogun, Delta, Oyo, Akwa Ibom, and Kano states as exceptions.

Rivers State comes a distant second with N65 billion.


Behind the top two are the FCT with N35 billion, Ogun State, N30 billion, Delta State, N23 billion, and Oyo State N17 billion.

Trailing them are Akwa Ibom with N17 billion, Kano, N16 billion. Kaduna and Edo are next with each earning N14 billion.

Sitting at the foot of the index are Benue states with N5 billion; Sokoto, N4 billion, about the same amount made by Taraba and Niger state.

Other poor internal revenue earners are Yobe state which generated N3.94 billion; Gombe with N3.78 billion; Adamawa, N3.75 billion; Ekiti, N3.2 billion. Jigawa State is the rock bottom IGR earner with N3 billion.

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The report noted Internal revenues are generated by states through Pay-As-You-Earn Tax (PAYE), direct assessment, road taxes, other taxes and revenues from ministries, departments and agencies (MDAs).

The Report
Details of the NBS report said states internally generated revenue (IGR) totalled N612.87bn as compared to N693.91bn recorded in H1 2019, a reduction of about N81 billion.

This indicates a negative growth of -11.7% year on year, the bureau noted.

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Similarly, in the Q2 2020, states and FCT IGR figure hit N259.73 bn compared to N353.14bn bn recorded in Q1 2020. This also indicates a negative growth of -26.5% from the first quarter.


According to the report, FCT, Lagos and Ogun are the only states that generated more revenue than their allocations from the federation account, an indication that a drop in oil prices, the nation’s lifeblood, would have a ripple effect on the other states.

Lagos and Ogun share the same border in South-West Nigeria.

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Further breakdown of the report revealed that the net federation account (FAAC) in the first half of the year 2020 was put at N1.1 trillion, while the total revenue available to the states including the FCT was put at N1.73 trillion.


In 2019, apart from Lagos and Ogun, only the FCT generated more revenue than it did federal allocation too.

https://www.premiumtimesng.com/news/more-news/419020-lagos-rivers-fct-ogun-earned-more-than-other-33-states-combined-in-first-half-2020-nbs.html
Re: Lagos, Rivers, FCT, Ogun Earned More Than Other 33 States Combined by ArmedRobber: 6:34pm On Oct 07, 2020
It is injustice for Lagos and ogun to be recieving less than what that re generating.
Restructuring where states controls 75% while they remit 25% to federal purse is a way to go.

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Re: Lagos, Rivers, FCT, Ogun Earned More Than Other 33 States Combined by DenreleDave(m): 6:44pm On Oct 07, 2020
cheesy
Re: Lagos, Rivers, FCT, Ogun Earned More Than Other 33 States Combined by Nobody: 7:20pm On Oct 07, 2020
ArmedRobber:
It is injustice for Lagos and ogun to be recieving less than what that re generating.
Restructuring where states controls 75% while they remit 25% to federal purse is a way to go.
25% for even 10% is too huge. can't Federal government source for it's revenue??
Re: Lagos, Rivers, FCT, Ogun Earned More Than Other 33 States Combined by SLAP44: 7:24pm On Oct 07, 2020
Huncle Yemi kale, thank you o grin

We need to massage our egos from time to time so it will seem like we are working well. But like Osinbajo told us last week, hunger is bending a lot of people's necks so much that they might attack NBS offices soon to demand money for feeding.

Just keep churning out the data, we will be praising our leaders for the exceptionally high IGR even as hunger is worrying us.

For those that will quote me, make sure you have enough food in your house tomorrow, arguing online on empty stomach is not good o
Re: Lagos, Rivers, FCT, Ogun Earned More Than Other 33 States Combined by Ugaboy: 7:39pm On Oct 07, 2020
Re: Lagos, Rivers, FCT, Ogun Earned More Than Other 33 States Combined by Nobody: 7:42pm On Oct 07, 2020
SLAP44:
Huncle Yemi kale, thank you o grin

We need to massage our egos from time to time so it will seem like we are working well. But like Osinbajo told us last week, hunger is bending a lot of people's necks so much that they might attack NBS offices soon to demand money for feeding.

Just keep churning out the data, we will be praising our leaders for the exceptionally high IGR even as hunger is worrying us.

For those that will quote me, make sure you have enough food in your house tomorrow, arguing online on empty stomach is not good o

IPOBian illiterate and apologist. Yes make it about Yemi Kale and never about your empty barrel and disunited states where no one pays tax and it is every man selfishly for himself and his hamlet.

I wonder why the likes of Soludo etal never shout Yemi Kale yet it is illiterate losers like you who want to ignore the very grave message about the SE to be trying to shoot the messenger.

The unreformable never admit they have a problem and that is the case with you Igbos.

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Re: Lagos, Rivers, FCT, Ogun Earned More Than Other 33 States Combined by TooMuchStuff: 7:43pm On Oct 07, 2020
The cities of Christianity will naturally prosper and flourish than the coven of headslamers across Nigeria.
FCT 80 : 20
Lagos 75: 25
Rivers 100 :0
Ogun 80 : 20

Christians : Muslims.

Let's shake some tables left
Re: Lagos, Rivers, FCT, Ogun Earned More Than Other 33 States Combined by SLAP44: 7:46pm On Oct 07, 2020
candidtalk:


IPOBian illiterate and apologist. Yes make it about Yemi Kale and never about your empty barrel and disunited states where no one pays tax and it is every man selfishly for himself and his hamlet.

I wonder why the likes of Soludo etal never shout Yemi Kale yet it is illiterate losers like you who want to ignore the very grave message about the SE to be trying to shoot the messenger.

The unreformable never admit they have a problem and that is the case with you Igbos.

A hungry man is an angry man. He's not even happy about the IGR billions he made today. Don't worry, your account will be credited with IGR loot. grin

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