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The IGR Debate - Reloaded! - Politics - Nairaland

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The IGR Debate - Reloaded! by Sloan: 4:08pm On Dec 12, 2013
Recently, there has been a lot of furore about IGR of the states of Nigeria. I would much prefer to keep my exposition brief but post data directly from the OFFICIAL CBN 2012 Annual Reports and you can make that of whatever you want but I will make separate posts to drive home my observations! I urge people who feel they need to come into this debate to speak from facts ONLY, not emotion or unrelated history. If you are a voracious, curious reader and want to drink directly from the firehose, knock yourself out, here is the link:

http://www.cenbank.org/Out/2013/RSD/2012%20Annual%20Report.pdf

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Re: The IGR Debate - Reloaded! by Sloan: 4:08pm On Dec 12, 2013
Here is an except directly taken from the report. Note, the mentioned key states!

Re: The IGR Debate - Reloaded! by Sloan: 4:08pm On Dec 12, 2013
Summary: Ratio of IGR/Total Revenue for 36 States + FCT of Nigeria. This analysis compares the level of revenues from domestic economic output to total revenue. More is better!

Re: The IGR Debate - Reloaded! by Sloan: 4:21pm On Dec 12, 2013
Finally, all the data is up folks! The floor is open for you to analyze and interpret the data.

Here, I will elucidate on the key points and I enjoin debaters to speak from facts only! Do not derail the thread with inanities.

This represents the latest statistics (2012) from the CBN, the FG's most complete source of financial information with data sourced from appropriate government departments. The focus is to answer, from published data once and for all, the leading states in terms of the Internal Generated Revenue, a key measure of the domestic economy of each state or a measure of the earnings coming from the economic activity within each state.

From data, Lagos (non-oil producing, South West Nigeria) clearly leads all the other states of Nigeria. Next, is Kano (North), Ogun (South West), Rivers (South South) and Oyo (South West). All revenues from these South West States have no 13% derivation components because they are non-oil producing states. This is the basic top 5 economic centres of Nigeria as at 2012 Official Statistics from the CBN. It is interesting that if you made the analogy of the best 11 of Nigeria, the South West and North make up 10 out of 11 with Abia (SE) squeezing in only barely ahead of Gombe! I think the north deserves a bit more respect from the rest of Nigeria especially the people who insult them the most from the South of Nigeria (no need to mention names).

Now it gets more interesting: the crown jewel of the SE of Nigeria Anambra, comes up abysmally short at number 21, soundly beaten down by Osun State (SW) and Ebonyi (one of the last states created in Nigeria). This either means the touted productivity of Anambra is either imaginary and non-existent or the state is cooking its books and stealing its people and nation blind by not declaring tax revenues and consequently stealing it or the leadership is inept and unable to be accountable to the people and the nation. It is specially important that the oft-derided Osun State is doing better economically than Anambra.

It is important to mention Delta State because recently some NL have lopsidedly touted it as being somewhere at the top of the Nigerian economy ladder - a falsity given there is no data that supports it and no mention by the official data of the CBN. Delta State surely takes a lot of billions in allocation revenues but the internal economic activity is completely abysmal coming it at a ridiculous 29 out of 37! It means without its oil revenue, it cannot survive or depend on the human resources and their creativity to regenerate and sustain its economy.

Finally, I must mention that while Ekiti is doing relatively okay, it needs to do a whole lot more! The South West MUST not find ANY excuse for not being at the top of any ranking! Yes, Ekiti may have been created last night and having no oil revenues, fine but we must strive to put Ekiti so far ahead and we Yorubas want it up there neck-in-neck with Lagos only! Yes, believe it and Lagos, oh you're pushing the limits and we commend your efforts but it still not enough for us! We need you to be competing neck-in-neck with New York and London! Ondo State has done far worse than Ekit, with no oil revenues! Again, it shows that presence of oil does not imply the presence of good management and effective intellectual resources! Ondo, we YOUR PEOPLE cannot accept your position struggling at the bottom of the pile, some people may accept that but NOT US! I urge US South Westerners not to bat an eye lid until we wake-up to the fact that our fathers did not run an empire for over 500 years huffing and puffing at the bottom of the pile! Ondo get your game on, please! To all of us, I say see you at the TOP!

5 Likes

Re: The IGR Debate - Reloaded! by superstar1(m): 4:26pm On Dec 12, 2013
God bless you Sloan. Don't be surprised when they contest the source and they will bring out some under the mango tree sources to back up their fictitious claims.

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Re: The IGR Debate - Reloaded! by docsholz(m): 4:44pm On Dec 12, 2013
Sorry to ask when did allocation become part of IGR?
Re: The IGR Debate - Reloaded! by Sloan: 4:45pm On Dec 12, 2013
doc sholz: Sorry to ask when did allocation become part of IGR?

I gave you information + link, I cannot read the table for you! I am talking only about IGRs here and you can read whatever else you want but that is the focus here only!

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Re: The IGR Debate - Reloaded! by donphilopus: 4:48pm On Dec 12, 2013
Tribal bigots about to invade this thread!
Re: The IGR Debate - Reloaded! by geeez: 4:55pm On Dec 12, 2013
Lagos, Ogun, Osun and Oyo are unarguably very viable

Their IGRs are a function of increased economic activity in those states

This must really get some people worried

Osun's IGR is almost twice that of Enugu and higher than Anambra's. If Osun was in the SE, it will be the second largest economy and Oyo will be by far the biggest if it was in the zone with almost N6bn ahead

The northern states of Kano and Kaduna are surprisingly impressive

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Re: The IGR Debate - Reloaded! by superstar1(m): 4:57pm On Dec 12, 2013
Sokoto alone is almost generating what the combo of ebonyi and anambra. So much about their phantom economic activities and industrialization of their 2 by 2 inches shops and backyard factories.
Re: The IGR Debate - Reloaded! by Nobody: 4:59pm On Dec 12, 2013
shocked shocked shocked shocked
Re: The IGR Debate - Reloaded! by superstar1(m): 4:59pm On Dec 12, 2013
geeez: Lagos, Ogun, Osun and Oyo are unarguably very viable

Their IGRs are a function of increased economic activity in those states

This must really get some people worried

Osun's IGR is almost twice that of Enugu and higher than Anambra's and Ekiti's

The northern states of Kano and Kaduna are surprisingly impressive

Ondo too is ok. Only Ekiti is lagging behind. I hope their official Cbn record for 2012 will be better.
Re: The IGR Debate - Reloaded! by phantom(m): 5:02pm On Dec 12, 2013
una don come again? So op, if they ask you to stick your neck out that sokoto has a higher igr than anambra, you ll gladly lose your head? You are dumber than originally thought.

7 Likes

Re: The IGR Debate - Reloaded! by ckkris: 5:03pm On Dec 12, 2013
doc sholz: Sorry to ask when did allocation become part of IGR?
It go soon be.
Re: The IGR Debate - Reloaded! by geeez: 5:03pm On Dec 12, 2013
superstar1:

Ondo too is ok. Only Ekiti is lagging behind. I hope their official Cbn record for 2012 will be better.

That's why I think Fayemi needs to shape up

His budget for 2014 is higher than that of Enugu but Enugu has a higher CAPEX

I'm not impressed with Fayemi
Re: The IGR Debate - Reloaded! by Nobody: 5:03pm On Dec 12, 2013
phantom: una don come again? So op, if they ask you to stick your neck out that sokoto has a higher igr than anambra, you ll gladly lose your head? You are dumber than originally thought.


Did the op make up the fact or CBN made it up? You Ibos can spin anything.............

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Re: The IGR Debate - Reloaded! by ekoileee: 5:09pm On Dec 12, 2013
phantom: una don come again? So op, if they ask you to stick your neck out that sokoto has a higher igr than anambra, you ll gladly lose your head? You are dumber than originally thought.


This is all about facts, not sentiments, emotions, analogies or meaningless logics and irrelevant questions. Why not just present your own credible facts to challenge the facts the OP presented with?

Threads gets derailed with irrelevant and meaningless posts....

1 Like

Re: The IGR Debate - Reloaded! by atlwireles: 5:16pm On Dec 12, 2013
The numbers that reflects reality and also reflects the delta state IGR budget for 2013 of N51,447,050,581. Comes from the office
National Bureau of Statistics. Cry all you want.

2 Likes

Re: The IGR Debate - Reloaded! by donphilopus: 5:17pm On Dec 12, 2013
[size=30pt]IGR Revenue Report, Lagos No 1 In Nigeria[/size]



[b]Lagos state generated N185.541 billion in 2010, N202.761 billion in 2011 and N219.202 billion in 2012 making it the highest internal revenue generating state according to data released by the National Bureau of Statistics, this report was signed by Statistician General, Yemi Kale and also the joint tax board.

The report shows that Lagos seems to be on a class of its own and most of the states in the South seem to generate more revenue internally than those states in the North. Aside Lagos some of the other notable states with good IGR are; Cross-river, Oyo, Enugu, Rivers, Delta and Akwa-Ibom. Rivers State came in behind Lagos state with N173.047 billion and a breakdown showed that the state generated N49.585 billion in 2010, 57.187 billion Naira in 2011 and N66.275 billion in 2012. Delta ranked third with the most IGR, the data revealed that 26.087 billion naira was collected in 2010, N34.750 billion in 2011 and N45.566 billion in 2012.

The gap in economic growth and development between states in the South and North are as clear as daylight which reflects the gap in social statistics in terms of education, business and commerce development, entrepreneur activities and growth of industrial activities.[/b]
DO YOU NEED THE SOURCE? IF YES, CLICK HERE
Re: The IGR Debate - Reloaded! by superstar1(m): 5:35pm On Dec 12, 2013
atlwireles: The numbers that reflects reality and also reflects the delta state IGR budget for 2013 of N51,447,050,581. Comes from the office
National Bureau of Statistics. Cry all you want.




How on earth are we going to take inconclusive data as a verifiable source. If some cells could be empty, then others could have been doctored by you.

1 Like

Re: The IGR Debate - Reloaded! by atlwireles: 5:45pm On Dec 12, 2013
superstar1:

How on earth are we going to take inconclusive data as a verifiable source. If some cells could empty, then others could have been doctored by you.


http://www.nigerianstat.gov.ng/ Go there and enjoy yourself. Those same numbers put Lagos at N219B. Are you disputing that too Also take your time and review budget documents from the states, then you can draw your own conclusion. The era of make belief nonsense are gone for good.

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Re: The IGR Debate - Reloaded! by Ugoandy(m): 5:45pm On Dec 12, 2013
superstar1: Sokoto alone is almost generating what the combo of ebonyi and anambra. So much about their phantom economic activities and industrialization of their 2 by 2 inches shops and backyard factories.
stop saying what you don't know, ebonyi has the highest IGR in south east,competeing with that of oyo. This will tell you more rather than saying what you don't know.idiot

Re: The IGR Debate - Reloaded! by kettykin: 5:56pm On Dec 12, 2013
Akwa Ibom Government has pledged to commit 43 per cent of its total revenue in 2014 to economic development.
Akwa Ibom State Governor Godswill Akpabio made the pledge late on Wednesday while presenting the 2014 Appropriation Bill to the State House of Assembly in Uyo.
Akpabio said that the economic sector would gulp N130.85 billion or 43 per cent of the proposed N469.3 billion earmarked as budget in 2014.
He said that projects and programmes under economic sector would include activities the of the Ministries of Works, Finance, Agriculture, Commerce and Industries, Science and Technology.
According to him, the 2014 budget, tagged ”Budget of Actualisation”, is based on the principles of International Public Sector Accounting Standard (IPSAS).
Akpabio said that the 2014 budget proposal was N129.81 billion less than the revised Akwa Ibom Appropriation Law of N599.18 billion in 2013.
A breakdown of the budget showed that general administration got N93.2 billion or 30.7 per cent of the budget proposal, while N69.19 billion or 22 per cent of the budget was earmarked for the social sector.
The Justice and Law sector is to receive N6.06 billion or two per cent of the budget proposal, while the regional sector is allocated N4.5 billion or 1.5 per cent of the total budget.
Akpabio identified oil revenue derivation fund account for N307.72 billion as the highest source of revenue for 2014 budget while N42 billion will accrue from statutory allocation.
Others are N29.6 billion projected as the state’s internally generated revenue N20 billion from SURE-P fund savings, N14 billion from value added tax and N3.5 billion retained revenue from parastatals agencies
He said that the major thrust of the budget would be the completion of on-going projects like the 30,000 capacity stadium, the specialist hospital and the Tropicana Entertainment Centre before the end of 2015.
- See more at: http://www.vanguardngr.com/2013/12/aibom-allocates-43-revenue-2014-economic-development/#sthash.QNMBcfta.dpuf


http://www.vanguardngr.com/2011/12/akwa-ibom-budgets-n397-1bn-for-2012/

How can the information from CBN differ from information form the state
Akwa Ibom budgeted an internal revenue of N21B for 2012 which means the generated similar for 2011

A breakdown, according to him, showed that Internally Generated Revenue has N21.646 billion
Statutory Allocation – N36 billion, Derivation- N200.132 billion, while N6 billion would accrue from Value Added Tax (VAT). - See more at: http://www.vanguardngr.com/2011/12/akwa-ibom-budgets-n397-1bn-for-2012/#sthash.XwYHcfXJ.dpuf
Re: The IGR Debate - Reloaded! by superstar1(m): 5:57pm On Dec 12, 2013
Ugoandy: stop say what you don't know, ebonyi has the highest IGR in south east competeing with that of oyo. This will tell you more rather than saying what you don't know.idiot

Ewu, your so called source is more authentic and verifiable than Cbn. I wonder the kind of schools you go to in SE - all those glorified secondary schools you are calling universities.

How can NBS stas be more authentic than CBN? E gba wa o

2 Likes

Re: The IGR Debate - Reloaded! by agbameta: 6:03pm On Dec 12, 2013
superstar1:

Ewu, your so called source is more authentic and verifiable than Cbn. I wonder the kind of schools you go to in SE - all those glorified secondary schools you are calling universities.

How can NBS stas be more authentic than CBN? E gba wa o

Their problem is extends beyond lousy education, it's a reflection of their bankrupt social and cultural existence..

1 Like

Re: The IGR Debate - Reloaded! by MajeMedia: 6:16pm On Dec 12, 2013
GOVERNMENT BUDGET IS NOT ECONOMY
TAX POLICY IS NO ECONOMY



It's becoming starkly clear that understanding development has evaded those asking for it in Nigeria.
Re: The IGR Debate - Reloaded! by Ugoandy(m): 6:20pm On Dec 12, 2013
This from The National Bureau of Statistics. Ebonyi state IGR is 14,033,391,157.02 (14BILLION) with population is 2,600,000.00,it's igr per capital is 694.72 and the state is ranked amongest the 10 state with highest igr in nigeria,alongside with:Lagos, Delta, Rivers ,Edo, Akwa ibom, Cross River, Oyo, Ogun and Enugu. You can see more on the table below.

1 Like

Re: The IGR Debate - Reloaded! by ujoinme: 6:29pm On Dec 12, 2013
If you look at the CBN data posted by the op you will see DRAFT boldly printed on it! a draft is not a final document and hence not an accurate source to base your debate on.

The National bureau of statistics came up with the updated IGR from 2010 to 2012 for those who need objective information you can visit their website http://www.nigerianstat.gov.ng/ and download the authentic copy for your self.

heres a verifiable copy of the NBS IGR.

Re: The IGR Debate - Reloaded! by MajeMedia: 6:30pm On Dec 12, 2013
Anambra: Obiano ascribes victory to Gov Obi - Vanguard News



Dec 1, 2013 - He said that Obi's “good work actually led us to victory and I must commend ..... I hope Peter Obi's doctrine of less government, low taxes and less government.....




http://www.vanguardngr.com/2013/12/anambra-obiano-ascribes-victory-gov-obi/
Re: The IGR Debate - Reloaded! by Sloan: 6:37pm On Dec 12, 2013
superstar1: God bless you Sloan. Don't be surprised when they contest the source and they will bring out some under the mango tree sources to back up their fictitious claims.

Thanks man! I know them very well.
Re: The IGR Debate - Reloaded! by Ugoandy(m): 6:44pm On Dec 12, 2013
superstar1:

Ewu, your so called source is more authentic and verifiable than Cbn. I wonder the kind of schools you go to in SE - all those glorified secondary schools you are calling universities.

How can NBS stas be more authentic than CBN? E gba wa o
Thank you. pls,the IGR of Ebonyi state in your cbn stat is what?

1 Like

Re: The IGR Debate - Reloaded! by agbameta: 6:48pm On Dec 12, 2013
MajeMedia: Anambra: Obiano ascribes victory to Gov Obi - Vanguard News







http://www.vanguardngr.com/2013/12/anambra-obiano-ascribes-victory-gov-obi/



Low taxes and less government? Is this dude for real?

They prefer these mediocre clowns, but quick o blame other people for their problems..

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