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Only Lagos, Kaduna Generate Revenue To Cover Operating Costs — BudgIT - Politics - Nairaland

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Only Lagos, Kaduna Generate Revenue To Cover Operating Costs — BudgIT by SoNature(m): 9:02am On Oct 18, 2023
ABUJA – Lagos and Kaduna states have emerged as the only two among Nigeria’s 36 states to generate more revenue than required to cover their operating costs, according to the 2023 edition of BudgIT’s annual ‘States of States’ report.

The report, titled ‘Subnational Healthcare Delivery for Improved Economic Development,’ was released on Tuesday.

According to Nancy Odimegwu, Communications Associate of BudgIT, “This year’s report shows that Lagos and Kaduna have demonstrated an impressive fiscal performance, generating more revenue than needed to manage their operating costs.

“This is a commendable feat given the economic challenges facing most states in the country.”

The report, which is BudgIT’s flagship analysis, evaluates and ranks the fiscal performance of all 36 states, from the most sustainable to the least sustainable.

It also highlights the state of healthcare delivery at the state level, emphasizing its importance in promoting economic development.

In a surprising turn, Anambra state made its debut in this year’s fiscal performance table, referred to as “Index A,” while Rivers State retained its number one position for the fourth consecutive time.

Unfortunately, Cross River fell from the top five, now standing in the ninth position.
However, it wasn’t all doom and gloom. Adamawa State has shown a significant improvement, climbing ten places to the 23rd position from its 33rd ranking in the previous year.


“On a positive note, Adamawa State has made remarkable strides in fiscal performance, moving up ten places in just one year.

“This is a testament to the state’s dedication to improving its economic standing,” Odimegwu added.

On the other hand, Kebbi State experienced a significant decline, dropping 13 places down to the 28th position on the fiscal performance ranking.

Furthermore, states like Taraba, Katsina, Bayelsa, and Zamfara required more than seven times their Internally Generated Revenue (IGR) to manage their operating costs, highlighting the financial challenges these states face.

BudgIT hopes the report will be a valuable resource for engagement and advocacy efforts aimed at improving fiscal performance and healthcare delivery at the state level.

“We believe this report is a crucial tool for ongoing efforts to enhance economic development and healthcare delivery in our states,” concluded Odimegwu.
Source: https://www.vanguardngr.com/2023/10/only-lagos-kaduna-generate-revenue-to-cover-operating-costs-report/

22 Likes 4 Shares

Re: Only Lagos, Kaduna Generate Revenue To Cover Operating Costs — BudgIT by SoNature(m): 9:07am On Oct 18, 2023
Hate him or love him, El-Rufai did an outstanding job in Kaduna State.

If not for his obsession with Islam and Fulani agenda, El-Rufai or Zulum should be the next Nigerian president from the north. For now, Zulum is the right man for that job.

122 Likes 10 Shares

Re: Only Lagos, Kaduna Generate Revenue To Cover Operating Costs — BudgIT by FreeStuffsNG: 9:16am On Oct 18, 2023
Very impressed. I knew Kaduna state was after Lagos state with how they regularly send observers to events holding in Lagos and inviting Lagos-based entrepreneurs to organize and host events in KD.
I expect Ogun and Oyo to join the list very soon.

Invest in Lagos and the neighbouring Yoruba SW states for great returns on investment and the best investor friendly experience in Nigeria.
God bless Nigeria for ever! Check my signature for free stuffs!

122 Likes 8 Shares

Re: Only Lagos, Kaduna Generate Revenue To Cover Operating Costs — BudgIT by aieromon(m): 9:28am On Oct 18, 2023

1 Like 2 Shares

Re: Only Lagos, Kaduna Generate Revenue To Cover Operating Costs — BudgIT by Zooposki(f): 9:30am On Oct 18, 2023
Re: Only Lagos, Kaduna Generate Revenue To Cover Operating Costs — BudgIT by Kenneth4u205(m): 9:31am On Oct 18, 2023
Those three states are made up of millions of people from other states

11 Likes

Re: Only Lagos, Kaduna Generate Revenue To Cover Operating Costs — BudgIT by kettykin: 9:33am On Oct 18, 2023
No south east governor should reveal the exact amount generated , give them the one Nigeria figures, Establish in stealth. Build quietly.

This should be our code for now

44 Likes 6 Shares

Re: Only Lagos, Kaduna Generate Revenue To Cover Operating Costs — BudgIT by Ozommadu: 9:43am On Oct 18, 2023
LeoDeKing:
Pure rigging.

The states that actually generate more revenue than required to cover their operating costs are;
Anambra
Imo
Enugu
Abia
Ebonyi.

This result was clearly rigged and we must reclaim our mandate in court. angry

Omo you're shameless

What about the big for nothing ogun and huge igr OYO with only brown roofs??

You think you want to ridicule southeast whereas none of your rest five states even made top five but Anambra made it.

You should be ashamed of yourself

75 Likes 10 Shares

Re: Only Lagos, Kaduna Generate Revenue To Cover Operating Costs — BudgIT by Christistruth00: 9:45am On Oct 18, 2023
Kaduna State has even tried Kano is supposed to be ahead of it

76 Likes

Re: Only Lagos, Kaduna Generate Revenue To Cover Operating Costs — BudgIT by mrvitalis(m): 9:49am On Oct 18, 2023
LeoDeKing:
Pure rigging.

The states that actually generate more revenue than required to cover their operating costs are;
Anambra
Imo
Enugu
Abia
Ebonyi.

This result was clearly rigged and we must reclaim our mandate in court. angry
Boy I know you don't have sense

Why tax my people when I get free money monthly, ma to just allow them flex and grow without tax

14 Likes 1 Share

Re: Only Lagos, Kaduna Generate Revenue To Cover Operating Costs — BudgIT by Armaggedon: 11:03am On Oct 18, 2023
LeoDeKing:
Pure rigging.

The states that actually generate more revenue than required to cover their operating costs are;
Anambra
Imo
Enugu
Abia
Ebonyi.

This result was clearly rigged and we must reclaim our mandate in court. angry
poor sarcasm
Well the Eastern states did well. The report misquoted the research.

22 Likes 2 Shares

Re: Only Lagos, Kaduna Generate Revenue To Cover Operating Costs — BudgIT by Starships4u(m): 11:22am On Oct 18, 2023
Kano nko?

1 Like

Re: Only Lagos, Kaduna Generate Revenue To Cover Operating Costs — BudgIT by Skillsnigeria: 11:22am On Oct 18, 2023
Noted

1 Like

Re: Only Lagos, Kaduna Generate Revenue To Cover Operating Costs — BudgIT by nairalanda1(m): 11:22am On Oct 18, 2023
When I tell Nigerians we do not collect enough in taxes, i always get a lot of abuse.

Well, the above figures shows why our governors and government are always broke.

Poor tax collection

Note that it does not mean there is NO CORRUPTION. But even if corruption was taken out...as it should....the fact remains that our states and LGA, and even the Feds don't take enough in taxes.

See why the IMF was telling us to raise our tax game?

Government after government has failed in this matter.

33 Likes 1 Share

Re: Only Lagos, Kaduna Generate Revenue To Cover Operating Costs — BudgIT by datopaper(m): 11:22am On Oct 18, 2023
If these reports are true. Then we must ask a critical questions about others states particularly Rivers, Kano and Ogun states. What is happening there? Is there is government there at all?

This should beyond POLITICS.

6 Likes

Re: Only Lagos, Kaduna Generate Revenue To Cover Operating Costs — BudgIT by Ola9ja23: 11:22am On Oct 18, 2023
Oloriburuku Daru Dapo that was imposed on Ogun state people has once again proved himself as a disaster on sit of power.

Ogun state has been on steady retrogressive backwardness since this scatter scatter Governor immerged in 2019.

Daru Dapo, you are cursed

44 Likes

Re: Only Lagos, Kaduna Generate Revenue To Cover Operating Costs — BudgIT by minakom: 11:23am On Oct 18, 2023
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Re: Only Lagos, Kaduna Generate Revenue To Cover Operating Costs — BudgIT by oluwaseyi0: 11:23am On Oct 18, 2023
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Re: Only Lagos, Kaduna Generate Revenue To Cover Operating Costs — BudgIT by sofeo(m): 11:23am On Oct 18, 2023
Of course, Lagos gotta be the first

2 Likes

Re: Only Lagos, Kaduna Generate Revenue To Cover Operating Costs — BudgIT by Stonergee08(m): 11:24am On Oct 18, 2023
That's strange
Re: Only Lagos, Kaduna Generate Revenue To Cover Operating Costs — BudgIT by anungangampu: 11:24am On Oct 18, 2023
Dont decieve yourself guys. Lagos and Kaduna house most Headquaters . Kaduna for Nigerian military and Lagos for almost all Commercial sector and international services. Its our common heritage.
Those insulting south East should be ashmed of draging postion with states that barely started functioning from1990.

11 Likes 2 Shares

Re: Only Lagos, Kaduna Generate Revenue To Cover Operating Costs — BudgIT by Ekejoestar(m): 11:24am On Oct 18, 2023
But why is Lagos still the most in-debted state in Nigeria if they generate so much revenue, hmmm these figures are not figuring ooo

2 Likes 1 Share

Re: Only Lagos, Kaduna Generate Revenue To Cover Operating Costs — BudgIT by Kepukepu: 11:24am On Oct 18, 2023
aieromon:
Lovely insights.

https://budgit.org/post_publications/2023-state-of-states-report/
abia will be in top 5 next year.

Mark this

4 Likes

Re: Only Lagos, Kaduna Generate Revenue To Cover Operating Costs — BudgIT by SeeItSayIt: 11:24am On Oct 18, 2023
Okay. Pls, put debt of these same states side by side their so called revenue generation performance.

This was how both national & international reports revealed that Kogi state was the most prudent & accountable state in spending in Nigeria. Even gave Gov. Yahaya Bello awards.

Only to discovered few weeks later that same Gov. Yahaya Bello was, is & still the most reckless & resources waster ever existed in Nigeria list of governors.

4 Likes

Re: Only Lagos, Kaduna Generate Revenue To Cover Operating Costs — BudgIT by GeneralPula: 11:24am On Oct 18, 2023
El-rufai did well in Kaduna state..

He was able to attract investors & he was able to increased the state IGR..

56 Likes

Re: Only Lagos, Kaduna Generate Revenue To Cover Operating Costs — BudgIT by oluwaseyi0: 11:24am On Oct 18, 2023
Starships4u:
Kano nko?

All funds gone into increasing menace of amajiri and it's elder brother Boko Haram

1 Like

Re: Only Lagos, Kaduna Generate Revenue To Cover Operating Costs — BudgIT by Angelfrost(m): 11:25am On Oct 18, 2023
Special recognition for Kaduna... They don't have the undue advantage Lagos has.

Every state governor needs to sit up, especially the acclaimed mineral and oil-rich states in the South.

The first step is to find a way to link up most states to the global world of trading, investments, and maritime affairs... Open more ports in other states, and start shifting industries away from the Center of Excellence.

Of course, it goes without saying that insecurity and road maintenance/rehabilitation have to be looked into, as a matter of emergency... There are states being held back by insecurity, especially in the North and the Southeast. This means State Policing needs to kick off fast.

Finally... Some states need to be merged back to where they were formed... I will refrain from mentioning names before their idiot citizens come for my neck. tongue

5 Likes

Re: Only Lagos, Kaduna Generate Revenue To Cover Operating Costs — BudgIT by jaxxy(m): 11:26am On Oct 18, 2023
LeoDeKing:
Pure rigging.

The states that actually generate more revenue than required to cover their operating costs are;
Anambra
Imo
Enugu
Abia
Ebonyi.

This result was clearly rigged and we must reclaim our mandate in court. angry

lagos is highly mismanaged with zero transparency

1 Like 2 Shares

Re: Only Lagos, Kaduna Generate Revenue To Cover Operating Costs — BudgIT by Funkyswagzz(m): 11:26am On Oct 18, 2023
LeoDeKing:
Pure rigging.

The states that actually generate more revenue than required to cover their operating costs are;
Anambra
Imo
Enugu
Abia
Ebonyi.

This result was clearly rigged and we must reclaim our mandate in court. angry

Don't be myopic u truely sound like an illiterate right here. Have u asked urself why oil rich state are not there. Places like bayelsa, rivers and delta state are suppose to be there

7 Likes 2 Shares

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