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Internally Generated Revenue (IGR) Among Nigerian States In 2022 - Politics - Nairaland

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Internally Generated Revenue (IGR) Among Nigerian States In 2022 by Racoon(m): 11:33am On Oct 24, 2023
๐…๐”๐‹๐‹ ๐‹๐ˆ๐’๐“: ๐‘๐š๐ง๐ค๐ข๐ง๐  ๐จ๐Ÿ ๐ฌ๐ญ๐š๐ญ๐ž๐ฌ ๐ˆ๐ง๐ญ๐ž๐ซ๐ง๐š๐ฅ๐ฅ๐ฒ ๐†๐ž๐ง๐ž๐ซ๐š๐ญ๐ž๐ ๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž (๐ˆ๐†๐‘) ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ
The 36 states of the federation and the FCT recorded N1.92trn in IGR in 2022. When compared to the N1.89trn IGR recorded in 2021, last yearโ€™s figure indicates a sluggish growth of 2% year-on-year.
Lagos had the highest IGR with N651.15bn (34% of the total IGR in 2022).


๐’๐ญ๐š๐ญ๐ž๐ฌ ๐ฐ๐ข๐ญ๐ก ๐ก๐ข๐ ๐ก๐ž๐ฌ๐ญ ๐ˆ๐†๐‘ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐›๐ž๐ญ๐ฐ๐ž๐ž๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ— ๐š๐ง๐ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ


๐‘๐š๐ง๐ค๐ข๐ง๐  ๐จ๐Ÿ ๐ˆ๐ง๐ญ๐ž๐ซ๐ง๐š๐ฅ๐ฅ๐ฒ ๐†๐ž๐ง๐ž๐ซ๐š๐ญ๐ž๐ ๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž (๐ˆ๐†๐‘) ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ ๐›๐ฒ ๐ณ๐จ๐ง๐ž๐ฌ

๐‹๐š๐ ๐จ๐ฌ ๐๐จ๐ฆ๐ข๐ง๐š๐ญ๐ž๐ฌ ๐ฌ๐จ๐ฎ๐ญ๐ก-๐ฐ๐ž๐ฌ๐ญ ๐ˆ๐†๐‘, ๐œ๐จ๐ง๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐ง๐  ๐Ÿ•๐Ÿ% ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ

1. Lagos: N651.1bn
2. Ogun: N120.6bn
3. Oyo: N62.2bn
4. Ondo: N32.6bn
5. Osun: N24.6bn
6. Ekiti: N17bn

Total: N908.3bn

๐’๐จ๐ฎ๐ญ๐ก-๐ฌ๐จ๐ฎ๐ญ๐ก ๐ฌ๐ญ๐š๐ญ๐ž๐ฌ ๐ ๐ž๐ง๐ž๐ซ๐š๐ญ๐ž๐ ๐๐Ÿ‘๐Ÿ•๐Ÿ•.๐Ÿ—๐›๐ง ๐ˆ๐†๐‘ ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ
Rivers: N172.8bn
Delta: N85.9bn
Edo: N47.5bn
Akwa Ibom: N34.8bn
Cross River: N21.1bn
Bayelsa: N15.9bn

๐“๐จ๐ญ๐š๐ฅ: ๐๐Ÿ‘๐Ÿ•๐Ÿ•.๐Ÿ—๐›๐ง

๐’๐จ๐ฎ๐ญ๐ก-๐ž๐š๐ฌ๐ญ ๐ฌ๐ญ๐š๐ญ๐ž๐ฌ ๐ ๐ž๐ง๐ž๐ซ๐š๐ญ๐ž๐ ๐๐Ÿ๐Ÿ๐Ÿ’.๐Ÿ“๐Ÿ‘๐›๐ง ๐ˆ๐†๐‘ ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ, ๐€๐ง๐š๐ฆ๐›๐ซ๐š ๐ญ๐š๐ค๐ž๐ฌ ๐ญ๐ก๐ž ๐ฅ๐ž๐š๐

1. Anambra: N33.97bn
2. Enugu: N28.69bn
3. Abia: N20.11bn
4. Imo: N19.34bn
5. Ebonyi: N12.43bn

Total: N114.53bn

๐…๐‚๐“ ๐ฉ๐จ๐ฐ๐ž๐ซ๐ฌ ๐ง๐จ๐ซ๐ญ๐ก-๐œ๐ž๐ง๐ญ๐ซ๐š๐ฅ ๐ˆ๐†๐‘ ๐ฐ๐ข๐ญ๐ก ๐Ÿ“๐ŸŽ% ๐œ๐จ๐ง๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ
FCT: N124.4bn
Kwara: N35.8bn
Nasarawa: N19.3bn
Kogi: N18.2bn
Niger: N16.9bn
Benue: N15.9bn
Plateau: N15.9bn

Total: N246.4bn

๐‹๐š๐ ๐จ๐ฌ ๐ˆ๐†๐‘ ๐จ๐ฎ๐ญ๐ฉ๐š๐œ๐ž๐ฌ ๐Ÿ๐Ÿ“ ๐’๐ญ๐š๐ญ๐ž๐ฌ ๐œ๐จ๐ฆ๐›๐ข๐ง๐ž๐ ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ: N651.1bn Note: 25 States make up the four zones. However, ๐‹๐š๐ ๐จ๐ฌ ๐ˆ๐†๐‘ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐จ๐ฉ๐ฉ๐ž๐ ๐›๐ฒ ๐Ÿ๐Ÿ’% ๐ข๐ง ๐จ๐ง๐ž ๐ฒ๐ž๐š๐ซ
1. 2021: 753.5bn
2. 2022: N651.1bn.

North-central : N246.4bn
North-west: N186.4bn
South-east: N114.5bn
North-east : N92bn

Total: N639.3bn

#TheCableIndex
https://x.com/thecableindex/status/1716720864215883917?t=HD6mzOml8PTFxQkwB0HvgQ&s=08

4 Likes 3 Shares

Re: Internally Generated Revenue (IGR) Among Nigerian States In 2022 by Racoon(m): 12:03pm On Oct 24, 2023
Stop parading ignorance. IGR is not a measure of economic progress as it only shows how people are being taxed. GDP per capita is the correct measure of economic progress. It's a very popular quote that no government can tax itself into prosperity. Heavy taxation is never an economic progress.

186 Likes 24 Shares

Re: Internally Generated Revenue (IGR) Among Nigerian States In 2022 by Mynd44: 12:57pm On Oct 24, 2023
Racoon:
IGR is not a measure of economic progress. Stop parading ignorance. GDP per capita is the correct measure of economic progress. IGR only shows how the people are taxed. It's a very popular quote that no government can tax itself into prosperity. Heavy taxation is never an economic progress.
As much as this is correct, it is not completely true

The way to grow your Per Capital Income (PCI) is to grow your GDP and this can only be done with funds. The government has to make sustainable developments into the various sectors. The government also has to support small and medium scale businesses and attract large scale ones.

How can any government do this? by spending. By building more roads, more rails, more sea access, electricity etc. And this is where IGR comes in.

If a state has an IGR of 10 Billion, how can such a state build infrastructure to develop the economy?

IGR is also a show of how much economic activity is going on as this is why taxes are paid in the first place.

160 Likes 13 Shares

Re: Internally Generated Revenue (IGR) Among Nigerian States In 2022 by Dikastan: 2:01pm On Oct 24, 2023
Lagos should be far more developed than what it is today if not for the cabals that hijacked the state funds. Look at huge billions and ask yourself what have they achieved with it? Closing markets here and there

44 Likes 6 Shares

Re: Internally Generated Revenue (IGR) Among Nigerian States In 2022 by christejames(m): 2:01pm On Oct 24, 2023
There's still hunger in the land though undecided

11 Likes 3 Shares

Re: Internally Generated Revenue (IGR) Among Nigerian States In 2022 by seunlayi(m): 2:02pm On Oct 24, 2023
Who cares? Show us the GDP

12 Likes 2 Shares

Re: Internally Generated Revenue (IGR) Among Nigerian States In 2022 by Chijeep(m): 2:03pm On Oct 24, 2023
Oya Agbadorian, una food don land ooo...
Make I motivate una small... grin
TINUBU IS DOING WELL, TINUBU BUILT LAGOS
grin grin grin

33 Likes 2 Shares

Re: Internally Generated Revenue (IGR) Among Nigerian States In 2022 by chiagozien(m): 2:03pm On Oct 24, 2023
Then why did some people become plantain bandits and rice bandits?

11 Likes 3 Shares

Re: Internally Generated Revenue (IGR) Among Nigerian States In 2022 by strangest(m): 2:03pm On Oct 24, 2023
Okay... The north leads as usual
Re: Internally Generated Revenue (IGR) Among Nigerian States In 2022 by Mandate2023: 2:03pm On Oct 24, 2023
.
Re: Internally Generated Revenue (IGR) Among Nigerian States In 2022 by Zico5(m): 2:03pm On Oct 24, 2023
This is the time for south west to diversify their economy toward complete production. We cannot be living in multitude and continue to suffer. We have not been sufficiently feeling the impact of this internal generated revenue. What this governors are doing with the money is not yet known. Only Adeleke of Osun state is somehow transparent enough. Others are nowhere to be found.

15 Likes 1 Share

Re: Internally Generated Revenue (IGR) Among Nigerian States In 2022 by jamesversion: 2:04pm On Oct 24, 2023
Hunchogee has stopped comparing Akwa Ibom with Rivers state. grin grin

The "Akwa Ibom will overtake Rivers state" noise has died naturally. cheesy cheesy cheesy cheesy cheesy

6 Likes 1 Share

Re: Internally Generated Revenue (IGR) Among Nigerian States In 2022 by Brendaniel: 2:04pm On Oct 24, 2023
Huge IGR with high poverty rate has little or no benefit to the common man...

That is like Dangote making 1billion dollars in revenue while his children are begging to eat and Dangote keeps telling them to be happy that the family is making huge money.

18 Likes 7 Shares

Re: Internally Generated Revenue (IGR) Among Nigerian States In 2022 by damble: 2:04pm On Oct 24, 2023
Na north southern states come serve for Nigeria. Their own is to be destroying and benefiting from others. What a parasite!

11 Likes 1 Share

Re: Internally Generated Revenue (IGR) Among Nigerian States In 2022 by bhella10: 2:05pm On Oct 24, 2023
Yoruba l'agba

34 Likes 3 Shares

Re: Internally Generated Revenue (IGR) Among Nigerian States In 2022 by Anambra1stSon2: 2:05pm On Oct 24, 2023
Mynd44:

As much as this is correct, it is not completely true

The way to grow your Per Capital Income (PCI) is to grow your GDP and this can only be done with funds. The government has to make sustainable developments into the various sectors. The government also has to support small and medium scale businesses and attract large scale ones.

How can any government do this? by spending. By building more roads, more rails, more sea access, electricity etc. And this is where IGR comes in.

If a state has an IGR of 10 Billion, how can such a state build infrastructure to develop the economy?

IGR is also a show of how much economic activity is going on as this is why taxes are paid in the first place.

Money deposit and credit in banks show how economic activity are fairing, some states where indigenous industries dominate tax low unlike states where foreign companies dominate, state like Anambra, Abia are dominated by informal sector unlike Lagos, Rivers, Ogun, FCT and Oyo control by formal sector IGR doesn't measure economy

21 Likes 5 Shares

Re: Internally Generated Revenue (IGR) Among Nigerian States In 2022 by LZAA: 2:05pm On Oct 24, 2023
seunlayi:
Who cares? Show us the GDP
You wan make dem cry๐Ÿ˜†๐Ÿ˜†๐Ÿ˜†๐Ÿ˜†

1 Like

Re: Internally Generated Revenue (IGR) Among Nigerian States In 2022 by Oxtertee(m): 2:05pm On Oct 24, 2023
look at the merger amount the kadashians are generating, na only during election their figure dey swell like Ijebu garri.

12 Likes 1 Share

Re: Internally Generated Revenue (IGR) Among Nigerian States In 2022 by Nobody: 2:06pm On Oct 24, 2023
Lagos is a giant in Nigeria's commercial landscape, so I won't even go there. But what surprises me is the performance of Ogun and Oyo.

39 Likes 4 Shares

Re: Internally Generated Revenue (IGR) Among Nigerian States In 2022 by LivingSage: 2:06pm On Oct 24, 2023
You're WAILING!
You seem angry angry

Why angry
What's wrong?

You feel threatened?

Oh, it's consolation... Pele
Racoon:
IGR is not a measure of economic progress. Stop parading ignorance. GDP per capita is the correct measure of economic progress. IGR only shows how the people are taxed. It's a very popular quote that no government can tax itself into prosperity. Heavy taxation is never an economic progress.

40 Likes 6 Shares

Re: Internally Generated Revenue (IGR) Among Nigerian States In 2022 by piper7(f): 2:07pm On Oct 24, 2023
Igbo people with all their chest beating. See South East kai

37 Likes 3 Shares

Re: Internally Generated Revenue (IGR) Among Nigerian States In 2022 by FreeStuffsNG: 2:07pm On Oct 24, 2023
Racoon:
๐…๐”๐‹๐‹ ๐‹๐ˆ๐’๐“: ๐‘๐š๐ง๐ค๐ข๐ง๐  ๐จ๐Ÿ ๐ฌ๐ญ๐š๐ญ๐ž๐ฌ ๐ˆ๐ง๐ญ๐ž๐ซ๐ง๐š๐ฅ๐ฅ๐ฒ ๐†๐ž๐ง๐ž๐ซ๐š๐ญ๐ž๐ ๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž (๐ˆ๐†๐‘) ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ
https://x.com/thecableindex/status/1716720864215883917?t=HD6mzOml8PTFxQkwB0HvgQ&s=08

Awesome! Lagos, we can do better though.

Thank you to all those who made this possible. Thank you!Thank you!! Thank you!!! Ese adupe.

Please invest in Lagos and the neighbouring SW states for great returns on your investment and best investor friendly experience.

May God bless Nigeria for ever! Check my signature for free stuffs!

14 Likes 4 Shares

Re: Internally Generated Revenue (IGR) Among Nigerian States In 2022 by Machinegun91(m): 2:07pm On Oct 24, 2023
Benue try, Lagos would have been behind Benue if not because of those bastards Fulani terrorist.


More bombs on Palestinians

3 Likes

Re: Internally Generated Revenue (IGR) Among Nigerian States In 2022 by KangaIye: 2:07pm On Oct 24, 2023
So where is the money

1 Like

Re: Internally Generated Revenue (IGR) Among Nigerian States In 2022 by LivingSage: 2:07pm On Oct 24, 2023
Go and read for Jamb
Machinegun91:
Benue try, Lagos would have been behind Benue if not because of those bastards Fulani terrorist.


More bombs on Palestinians

14 Likes

Re: Internally Generated Revenue (IGR) Among Nigerian States In 2022 by LivingSage: 2:08pm On Oct 24, 2023
You're back again with your inferiority complex.

Must u always compare your State with others sad
Anambra1stSon2:

Money deposit and credit in banks show how economic activity are fairing, some states where indigenous industries dominate tax low unlike states where foreign companies dominate, state like Anambra, Abia are dominated by informal sector unlike Lagos, Rivers, Ogun, FCT and Oyo control by formal sector IGR doesn't measure economy

26 Likes 1 Share

Re: Internally Generated Revenue (IGR) Among Nigerian States In 2022 by obembet(f): 2:09pm On Oct 24, 2023
Here we go

1 Like

Re: Internally Generated Revenue (IGR) Among Nigerian States In 2022 by Anambra1stSon2: 2:10pm On Oct 24, 2023
LivingSage:
You're back again with your inferiority complex.

Must u always compare your State with others sad
.
Re: Internally Generated Revenue (IGR) Among Nigerian States In 2022 by jetson06: 2:10pm On Oct 24, 2023
Lagos no be una mate for this life.

6 Likes 1 Share

Re: Internally Generated Revenue (IGR) Among Nigerian States In 2022 by Mynd44: 2:10pm On Oct 24, 2023
Anambra1stSon2:

Money deposit and credit in banks show how economic activity are fairing, some states where indigenous industries dominate tax low unlike states where foreign companies dominate, state like Anambra, Abia are dominated by informal sector unlike Lagos, Rivers, Ogun, FCT and Oyo control by formal sector IGR doesn't measure economy
Not exactly. There is a reason nobody uses this as a metric.

Money can go move a society and none stays in that society

18 Likes 1 Share

Re: Internally Generated Revenue (IGR) Among Nigerian States In 2022 by fkj950ax(m): 2:11pm On Oct 24, 2023
Racoon:
IGR is not a measure of economic progress. Stop parading ignorance. GDP per capita is the correct measure of economic progress.

seunlayi:
Who cares? Show us the GDP

https://en.wikipedia.org/wiki/List_of_Nigerian_states_by_GDP

Re: Internally Generated Revenue (IGR) Among Nigerian States In 2022 by Britishpea: 2:11pm On Oct 24, 2023
Racoon:
IGR is not a measure of economic progress. Stop parading ignorance. GDP per capita is the correct measure of economic progress. IGR only shows how the people are taxed. It's a very popular quote that no government can tax itself into prosperity. Heavy taxation is never an economic progress.

Ignorance at itโ€™s peak. How then do you measure the economic progression index

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