Saturday, April 16, 2016 6:47 am
Lagos State leads the rest of the country in internally generated revenue, the National Bureau of Statistics has reported.
NBS said Lagos earned N268. 2 billion in 2015, almost 40 per cent of the N682.7 billion generated by the entire states.
Rivers state came second with N82.1 billion and Delta, third with N40.8 billion.
There was no record for Ebonyi state.
The report showed that the overall IGR of states dropped by N25.18 billion from N707.9 billion in 2014 to N682.67 billion in 2015.
The report showed that while 24 states recorded a decline in revenue when compared to 2014, 11 states were able to shore up their revenue base within the 2015 fiscal period.
The 11 states that were able to increase their revenue according to the report are Ogun from N17.49 billion to N34.59 billion, Abia from N12.3 billion to N13.4 billion, Anambra from N10.4 billion to N14.79 billion, Bauchi from N4.85 billion to N5.39 billion, Borno from N2.76 billion to N3.53 billion, Edo from N17 billion to N19.1 billion, Kogi N6.5 billion to N6.7 billion and Nasarawa from N4.08 billion to N4.28 billion.
The rest are Niger from N5.73 billion to N5.97 billion, Sokoto N5.6 billion to N6.2 billion and Taraba from N3.79 billion to N4.15 billion.