States IGR records N317.79b in half year 2016

The National Bureau of Statistics [NBS] yesterday released last year/s half year internally generated revenue [IGR] of the State covering the periods of January to June 2016, indicating that a total of N317.79billion was generated by twenty-nine (29) states that have reported their half year 2016 Internally Generated Revenue figure and their revenue which was generated across the following types – PAYE, Direct Assessment, Road Taxes, Revenue from Ministries, Departments & Agencies and other taxes.

In the report, Lagos State recorded the highest Internally Generated Revenue (IGR) figure of N150.59billion followed by a wide margin of N28.15billion by Ogun State while Nasarrawa State generated the lowest revenue for the period under reference at N1.05bn.

The said seven states are yet to report their half year [H1 ] 2016 Internally Generated Revenue figures.The states are Abia, Anambra, Bauchi, Ebonyi, Oyo, Rivers and Sokoto.