The National Bureau of Statistics (NBS) has released Internally Generated Revenue at State level for January to December 2016.
The
statistics obtained on Friday, shows that Lagos State recorded the
highest Internally Generated Revenue (IGR) figure of N302.42bn in Full
Year 2016.
Lagos with a population of above 20million, earned 81,097,954,616.12 from federal allocation, FAAC.
The nation’s commercial hub was closely followed by Rivers State with N85.29bn.
Ebonyi generated the lowest the Internally Generated Revenue; the State generated N2.34bn.
However, Anambra state is yet to report its Full Year 2016 Internally Generated Revenue figure.
NBS
said a total of N801.95bn was generated by 35 states that have reported
their Full Year 2016 Internally Generated Revenue figure.
The
revenue was generated across the following types – PAYE, Direct
Assessment, Road Taxes, Revenue from Ministries, Departments and
Agencies and other taxes.
Lagos, Abia, Kano, Benue, Bauchi, Osun and Akwa Ibom emerged top 7 earners of Self-Assessment tax across the country.