States Generate N149.45bn as IGR in Q3 2017 - NBS

Thursday, November 30, 2017/ 09:00AM /NBS 

The National Bureau of Statistics Publishes Internally Generated Revenue at State level for Q3 2017. 

A total of N149.45bn was generated by States in Q3 2017 while the Q3 2017 YTD revenue generated by states was put at N473.08bn. This excludes Rivers, Sokoto, Nasarawa, Niger, Kwara, Kano,Katsina, Kebbi, Kogi, Gombe, Edo, Born, Bauchi, Adamawa, Abia Ebonyi and Anambra States (represented by -) who have not  yet reported their IGR figures for Q3 2017. 

A shortfall of N334.84bn was recorded as at Q3 2017 when you compared the full year 2016 and Q3 2017 YTD IGR figures of all states. States like Bayelsa, Benue, Ekiti, Enugu and Jigawa have already surpassed their total 2016 IGR figures as of Q3 2017. *Note that Rivers, Sokoto, Nasarawa, Niger, Kwara, Kano,Katsina, Kebbi, Kogi, Gombe, Edo, Born, Bauchi, Adamawa, Abia Ebonyi and Anambra(represented by -) have not  yet reported for Q3 2017 so have no analysis here. 

The full year 2016 state IGR figure of N807.92bn excludes Anambra, Ebonyi and Rivers states who are yet to report on details for  either one or all of the last 3 years. 

As at half year 2017, total revenue generated by states was put at N396.92bn as against N392.06bn. This represents an average growth of 1.24%. 25 States are doing better with IGR by Q2 2017 compared to Q2 2016 and this excludes Rivers, Ebonyi and Anambra (represented by -) who havenot  yet reported IGR details for Q2 2017 and who havenot reported details for either one of all of the last 3 yerars. 

The net FAAC allocation in half year 2017 (N744.4bn) was 187% higher than IGR for same period in Q2 2017 (N396.9bn) excluding IGR for Anambra, Rivers and Ebonyi states. If we remove FAAC for these 3 states without IGR records then net FAAC allocation by Q2 2017 (N664.8 bn) was 165% higher than total IGR for states with records by Q2 2017. 

The total revenue available to states was put at N1.05trn and these excludes IGR information for Rivers, Anambra and Ebonyi States (represented with -). 

Click Here to Download Q3 2017 IGR (PDF) Report 



Latest 2017 NBS Reports 

Q4 2017

1.       Total Value of Capital Imported into Nigeria in Q3 2017 Estimated at $4,145.1m - NBS

2.      FAAC Disburses N558.08bn in October 2017 -NBS

3.      GDP Grew by 1.40% in Q3’17 from 0.72% in Q2’17; 2nd Consecutive Quarter of Positive Growth

4.      Average Motorcycle Fare per Drop Increased by 4.52% YoY in October 2017

5.      Average Prices of PMS, AGO, HHK and Cooking Gas – October 2017

6.      Headline Inflation Drops to 15.91% in October 2017, 0.07% Lower Than 15.98% September Rate

7.      Average Price of 1kg of Yam Tuber Increased by 10.22% YoY in October 20

8.     596,792 Passengers Travelled Via the Rail System in Q2 2017 - NBS

9.      7.71m Workers Are Registered Under the Pension Scheme as at Q3 2017 - NBS

10.  Daily Energy Generation Attained a Peak of 3,880MW in Q3 2017 - NBS

11.   FAAC Disburses N637.70bn in September 2017 - NBS

12.  GDP by Income and Expenditure Approach – Basic Price GDP Declined by 1.73% Real Term in Q4’16

13.  N246.30bn Generated as VAT in Q2 2017 - NBS

14.  Lagos State Has 7,396 Prison Inmates Population in 2016 - NBS

15.   Average Prices of PMS, AGO, HHK and Cooking Gas - September 2017

16.  Average Air Fare Increased by 31.31% YoY in September 2017

17.   Average Price of 1kg of Yam Tuber Increased by 28.65% YoY in September 2017

18.  CPI Drops to 15.98% in Sept 2017, 0.03% Lower Than 16.01% August Rate

19.  Multiple Indicator Cluster Survey 2016-17

20. Pension Fund Asset under Management as at 31 December 2016 stood at N6,164.76bn - NBS

21.  835.58m Crude Oil Processed from 1997 to 2014

22. N701.85bn Gross Revenue Generated in July 2017

 

Q3 2017

23. FAAC Disburses N467.85bn in August 2017 - NBS

24. Lagos Accounted for 74.8% of International Passenger Traffic in Q2 2017

25.  Lagos State Has the Highest Foreign and Domestic Debts as at June 2017

26. CPI Drops to 16.01% in August 2017, 0.04% Lower Than 16.05% July Rate

27.  Average Air Fare Increased by 32.75% YoY in August 2017

28. Average Prices of PMS, AGO, HHK and Cooking Gas - August 2017

29. Average Price of 1kg of Yam Tuber Increased by 53.98% YoY in August 2017

30. Nigeria’s Merchandise Trade Grew Marginally QoQ but Significantly YoY in Q2 2017

31.  2,287 Drug Abuse Convictions Secured in 2016 - NBS

32. Average Price of 1kg of Tomato Increased YoY by 15.65% in July 2017 - NBS

33. Average Prices of PMS, AGO, HHK and Cooking Gas - July 2017

34. Average Intercity Fare Increased YoY by 27.49% in July 2017 - NBS

35.  CPI Drops to 16.05% in July 2017, 0.05% Lower Than 16.10% June Rate

36. Total Value of Capital Imported into Nigeria in Q2 2017 Estimated at $1,792.3m - NBS

37.  FAAC Disburses N652.23bn in July 2017 - NBS

38. Active Voice Subscribers Dropped by 6.67% in Q2 2017 – NBS

39. Banking Sector Records 327.37m Volume of Transactions in Q2 2017 - NBS

40. 870,397 Candidates Sat for NECO in June and July 2016

41.  3,457 Nigerians Repatriated from Abroad in 2016 – NBS

42. Corruption in Nigeria - Bribery as Experienced by the Population

43. Nigeria Produced 656.8m Barrels of Crude Oil in 2016

44. 2,503 Road Traffic Crashes Recorded in Q2 2017 - NBS

45.  Daily Energy Generation Attained a Peak of 4,079MW in Q2 2017 - NBS

46. 7.59m Nigerians Are Registered Under the National Pension Scheme as at Q2’17 - NBS

47.  FAAC Disburses N462.36bn in June 2017 - NBS

48. NBS Annual Abstract of Statistics 2016

49. Average Prices of PMS, AGO, HHK and Cooking Gas Price Watch - June 2017

50. Average Intercity Transport Fare Decreases to N1,559.68 in Jun’17 from N1,565 in May’17

51.   Average Price Of 1kg Of Yam Tuber Increased YoY by 32.84% in June 2017 -NBS

52.  CPI Drops to 16.10% in June 2017, 0.15% Lower Than 16.25% May Rate

 

Q2 2017

53.  FAAC Disburses N418.82bn in May 2017 - NBS

54.  GDP By Income and Expenditure Approach – Basic Price GDP Declines by 2.3% in Q3’16 - NBS

55.  Average Price Watch of PMS, AGO, HHK and Cooking Gas - May 2017

56.   Average Intercity Transport Fare Decreases to N1,5865. in May’17 from N1,587.04 in Apr’17

57.  Average Price Of 1kg Of Yam Tuber Increased YoY by 52.69% in May 2017 - NBS

58.  CPI Drops to 16.25% in May 2017, 0.99% Lower Than 17.24% April Rate

59.  N204.77bn Generated as VAT in Q1 2017 - NBS

60. 125,790 Cases of Reported Offences Recorded in 2016 - NBS

61.  Labour Productivity Rose to N684.43 in 2016 - NBS

62. Merchandise Trade Grew By 0.1% - Positive Trade Balance Due to Rising Exports & Falling Imports

63. Unemployment Rate Rises to 14.2% in Q4’16 from 13.9% in Q3’16 - NBS

64. Lagos Airport Accounted for 76.5% of International Passengers in Q1 2017 - NBS

65.  FAAC Disburses N496.39bn in April 2017 - NBS

66. Banking Sector Records 304.31 mln Volume of Transaction in Q1 2017 - NBS

67.  Total Value of Capital Imported into Nigeria in Q1 2017 Estimated at $908.27m - NBS

68. GDP Contracts by -0.52% in Q1’17 from -1.73% in Q4’16; 5th Consecutive Quarter of Contraction

69. Average Prices of PMS, AGO, HHK and Cooking Gas Price Watch – April 2017

70. Average Intercity Transport Fare Increases to N1,587.04 in Apr’17 from N1,466.46 in Mar’17

71.   Average Prices of 1kg of Yam Tubber Increased by 42.45% YoY in April 2017

72.  CPI Drops to 17.24% in April 2017, 0.02% Lower Than 17.26% March Rate

73.  Lagos, Rivers Top IGR for Full Year 2016

74.  Telecoms Subscribers Dropped by 1.33% in Q1 2017 - NBS

75.  Nigeria Imports 4.05bn Litres of PMS in Q1 2017 - NBS

76.  Lagos State has the highest domestic and foreign debt profile in 2016 - NBS

77.  2,556 Road Traffic Crashes Recorded in Q1 2017 - NBS

78. FAAC Disburses N466.93bn in March 2017

79.  Daily Energy Generation Attained a Peak of 5,846 MW in Q1 2017 - NBS

80.Average Prices of PMS, AGO, HHK and Cooking Gas Price Watch - March 2017

81.  Average Intercity Transport Fare Increases to N1,466.46 in Mar’17 from N1,411.87 in Feb’17

82. Average Prices of 1kg of Yam Tubber Increased by 63.4% YoY in March 2017

83. CPI Drops to 17.26% in March 2017, 0.52% Lower Than 17.78% February Rate

84. 7.49m Nigerians Are Registered Under the National Pension Scheme As At Q1 2017 - NBS

85. Lagos Airport Accounted for 69.1% of International Passengers in 2016 - NBS

 

Q1 2017

86. 11,363 Road Traffic Crashes Recorded in 2016 - NBS

87. FAAC Disburses N514.15bn in February 2017

88.FAAC Disburses N430.16bn in January 2017

89. Average Intercity Transport Fare Decreases to N1,411.87 in Feb’17 from N1430.63 in Jan’17

90. Average Price of 1kg of Rice Increased by 68% YoY in February 2017

91.  Average Prices of PMS, AGO, HHK and Cooking Gas Price Watch - February 2017

92. CPI Drops to 17.78% in February 2017, 0.94% Lower Than 18.72% January Rate

93. Nigeria Produced 43.49m Tons of Solid Minerals in 2016 - NBS

94. NIPOST Generates N8.84bn Revenue in 2016 - NBS

95.  Q4 2016 Merchandise Trade Intensity - Total Trade Grows by 6.5% in 2016

96. Merchandise Trade Grows in Q4 2016 - Records First Quarterly Positive Trade Balance Since Q4 2015

97.  GDP Contracts by -1.30% in Q4 and -1.51% for Full Year 2016; Is Nigeria on Its Way Out of Recession?

98. JAMB Received 11.7m Applications Between 2010 and 2016

99. Average Kerosene Price Increases to N433.84 in Jan'17 from N231.85 in Dec'16

100.   Average Intracity Transport Fare Increases to N122 in Jan'17 from N84.29 in Dec'16

101.    Average Cooking Gas Price Increases to N2,567.56 in Jan’17 from N2,002.16 in Dec’16

102.    Average Diesel Price Increases to N240.52 in Jan’17 from N196.20 in Dec’16

103.    Average Petrol Price Increases to N148.7 in Jan'17 from N146.7 in Dec'16

104.    CPI Rises to 18.72% in January 2017, 0.17% Higher Than 18.55% December 2016 Rate

105.     GENCOs Issued Total Invoice of N331bn to DISCOs in 2016

106.   Nigeria Produced 5.79 mln Tonnes of Fish Between 2010 and 2015

107.    4,296 Applications Were Received by NAFDAC for New Products Registration in 2016 - NBS

108.   19,833 Vessels Berthed At Nigerian Ports Between 2013 and 2016 - NBS

109.    Total Value of Capital Imported into Nigeria in Q4 2016 Estimated at $1,548.88mln - NBS

110.    Telecoms Sector Contributes N1,399bn to GDP in Q3 2016 - NBS

111.     FAAC Disburses N426.88bn in December 2016 - NBS

112.     Banking Sector Records 910.18m Volume of Transaction in 2016 on Electronic Payment Channels - NBS

113.    Daily Energy Generation Attained a Peak of 3,859.59MW in Q4 2016 - NBS

114.     10.8% of Nigeria's Total Working Population Are Registered Under The National Pension Scheme - NBS

115.    Nigeria Imports 4.83 bn Litres of PMS in Q4 2016 - NBS

116.           72.53% of Nigeria’s Prison Population in 2015 were Un-sentenced - NBS

READ MORE: