Tuesday, 27 March 2018

NBS: Here is the amount each Nigerian State generated in 2017.

2017 state IGR figure hits N931.23 billion, 12. 03 percent rise from 2016 figure of N831.19 billion

Nigeria's National Bureau of Statistics revealed that thirty-one (31) States recorded growth in Internal Generated Revenue while five (5) states which include (Akwa Ibom, Anambra, Bauchi, Osun and Taraba) recorded a decline at the end of 2017 Fiscal Year.

The net Federal Account Allocation Committee (FAAC) allocation in the year 2017 is put at N1.73 trillion while the total revenue available to the states is put at N2.67 trillion.

The full year 2017 state IGR figure hits N931.23bn compared to N831.19bn recorded in the year 2016. This indicates a growth of 12.03% year on year.

According to the 2017 IGR report released by the Statistical Office, at the end of H2 2017, total revenue generated by states was put at N432.65 billion as against N409.09 billion in H1 2017.

By Aderemi Ojekunle.

Full story at Pulse NG.

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