February 25, 2024
7 states, FCT Failed To Generate Revenue From LGAs In 2022, NBS Report Shows
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7 states, FCT Failed To Generate Revenue From LGAs In 2022, NBS Report Shows

The internally generated revenue (IGR) report released by the National Bureau of Statistics (NBS) has shown that only 29 states out of the 36 and the federal capital territory (FCT), succeeded in raising revenue from their local governments in 2022. 

The  Nigeria data bureau reported that seven states and the FCT did not generate any revenue from local governments in the year under review  are Kaduna, Sokoto, Zamfara, Benue, Plateau, Adamawa, and Katsina.

While the 29 states generated N48.7 billion in 2022.

Among the 29 states that generated revenue from local government, Oyo led with N11.8 billion, followed by Lagos with N11.5 billion.

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Jigawa, Rivers, and Edo generated revenues of N8.7 billion, N2.5 billion, and N2.4 billion, respectively.

Of states with the lowest revenue from local government, Akwa Ibom topped the list with N55.2 million, followed by Ebonyi (N58.9 million).

According to the report, Imo, Borno, and Kogi also generated relatively low amounts — recording N65.6 million, N66.7 million, and N89.8 million, respectively.

    • 3 months ago

    […] READ ALSO: 7 states, FCT Failed To Generate Revenue From LGAs In 2022, NBS Report Shows […]

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