The aggregate internally generated revenue of the 36 states in the country and the Federal Capital Territory Administration fell by 37bn in two years, data obtained from the National Bureau of Statistics have shown.
In 2018, MDAs contributed N265.7bn to the total IGR for that year, while revenue generated from tax stood at N909.5bn. Similarly, in 2020, a larger part of the IGR was generated from tax; PAYE, N851.7bn, direct assessment, N37bn, road taxes, N28.3bn and other taxes, N176.4bn totaling N1.08tn, while N218.3 was generated from MDAs.
In 2020, Lagos again led with N418.9bn, thus recording 32.08 per cent increase in IGR, followed by Rivers with N117.2bn , FCT with N92.0bn , Delta with N59.7bn and Kaduna with N50.7bn .
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