In a previous piece, I highlighted the top 10 states with the Internally Generated Revenue (IGR) in 2020.
The report which is available for download here indicates that the IGR figure of the 36 states and the Federal Capital Territory (FCT) hits N1.31 trillion in 2020.
While Lagos topped the list of states with the highest IGR, making N418.99 in the year 2020, Yobe topped the list of states with lowest IGR, making only N7.77 billion.
10 states with the lowest IGR
1. Yobe State: N7.77 billion
2. Taraba State: N8.11 billion
3. Adamawa State: N8.32 billion
4. Gombe State: N8.53 billion
5. Jigawa State: N8.66 billion
6. Ekiti State: N8.71 billion
7. Benue State: N10.46 billion
8. Niger State: N10.52 billion
9. Katsina State: N11.39 billion
10. Borno State: N11.57 billion
Looking at the list from the geopolitical level, five states from the northeast (Borno, Gombe, Adamawa, Taraba and Yobe) are represented.
Two states from the northwest (Jigawa and Katsina) are represented in the list of the states with the lowest IGR. Two north central states, Benue and Niger, are also on the list. Ekiti is the only southwest state on the list.
It is very worrying to note that the combined IGR made by all the states listed is not anywhere close to Lagos state’s IGR.
Rather than depend on going to Abuja every month to collect the monthly allocation from the federal government, state governors need to sit down and think about how to increase their IGR. Without this, it will be difficult for them to provide the necessary welfare initiatives for the citizens and build infrastructures necessary to grow the economy.
This is even more important as the price of crude oil which is the source of the federal allocation remains on the low side.
Content created and supplied by: Abu_Hikmah (via Opera News )
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