N849.12bn Generated as IGR in 1H 2021

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Tuesday, November 09, 2021   / 09:51 AM / by NBS / Header Image Credit: NBS


The National Bureau of Statistics published the Internally Generated Revenue (IGR) Report at State level for Half Year (1H) 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 in 1H 2021. In the first quarter of 2021, the internally generated revenue was N398,259,343,434.98 while in the second quarter it amounted to N450,864,040,568.57. This indicates a positive growth of 13.21%. 


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Lagos state has the highest Internally Generated Revenue with N267,232,774,434.06 in 1H 2021, followed by FCT with N69,072,879,664.43 and Rivers state with N57,324,672,372.42. While Yobe state with N4,031,033,046.55 recorded the least.

 

Internally Generated Revenue by Zones in the first half of 2021 shows that the South-West zone recorded the highest revenue which amounted to N385,414,274,922.27 billion followed by the South-South zone with N156,171,326,501.04 billion, while the North-East zone recorded the least internally generated revenue with N42,915,002,928.39 billion.

 

Amongst the Internally Generated Revenue categories, PAYE contributed the highest which amounted to N488,106,692,662.06, this was followed by revenue from MDAs which amounted to N173,555,639,556.76. The least category was Road Tax with a contribution of N16,752,826,313.01 in the first half of 2021.

 

Download Full PDF Report Here


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Related to IGR

  1. 2020 IGR Report: Urgent Need to Bolster States' IGR
  2. Improving IGR: A Call for Action
  3. N1.31trn Generated as IGR in 2020 - NBS
  4. The New Normal; States Scurry for Higher IGRs
  5. States Generated N612.87bn as IGR in H1 2020 - NBS


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