Economy

NBS Reports N849.12 Billion IGR in H1 2021

November 9, 2021/NBS

The National Bureau of Statistics published the Internally Generated Revenue (IGR) Report at State level for Half Year (H1) 2021. The Internally Generated Revenue Report is sub-headed under five categories: PAYE, Direct Assessment, Road Taxes, Other Taxes and revenue from Ministries, Departments and Agencies (MDAs).The 36 States and FCT Internally Generated Revenue amounted to N849,123,384,003.55 billion in H1 2021. In the first quarter of 2021, the internally generated revenue was N398,259,343,434.98 billion while in the second quarter it amounted to N450,864,040,568.57 billion. This indicates a positive growth of 13.21%.Lagos state has the highest Internally Generated Revenue with N267,232,774,434.06 billion in H1 2021, followed by FCT with N69,072,879,664.43 billion and Rivers state with N57,324,672,372.42 billion. While Yobe state with N4,031,033,046.55 billion recorded the least.

.Click here to read full PDF copy of report

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