Lagos, Rivers and the Federal Capital Territory has top the list of the Internally Generated Revenue with N651.15 billion, N172.89 billion, and N124.4 billion respectively for the year 2022.
This was disclosed in the report by the National Bureau of Statistics, adding that a total of N1.93 trillion was generated across the 36 states in Nigeria, including the Federal Capital Territory in 2022 IGR.
According to the NBS data, the least states on the list are Kebbi (N9.1 billion), Taraba (N10.2 billion), and Yobe (N10.5 billion).
NBS further noted that the taxes sub-category recorded in the period included Pay As Your Earn, direct assessment, road taxes, stamp duties, capital gain tax, withholding taxes, other taxes and LGAs revenue.
The report said, “The NBS published the IGR report for the 36 States and the FCT for 2022. This IGR report contains the following key findings;
“The 2022 IGR had two major revenue sources namely; (i) Taxes (ii) MDAs’ revenue.
“Taxes sub-category recorded in this period are PAYE, Direct Assessment, Road Taxes, Stamp duties, Capital gain tax, Withholding taxes, Other taxes and LGAs revenue.
“The 36 states and the FCT generated a total sum of 1.92 trillion as IGR in 2022. This grew by 1.57 percent compared to 1.89 in 2021.
“Like what was recorded in 2021, the leading states in total IGR during the year were Lagos, Rivers, as well as the FCT with 651.14 billion, 172.82 billion and 124.36 billion respectively.
“While the least three performing states during the year were Kebbi, Taraba and Yobe with the value of ¦ 9.14 billion, 10.23 billion, and ¦ 10.45 billion respectively.
“PAYE was the most contributing revenue source during the year, recording 67.6 percent share to the total tax generated revenues nationwide. While capital gains tax was the least in the year under review with 0.24 percent share to total tax revenue.
“Oyo, Lagos and Jigawa states were the three leading states with highest LGA revenue reported during the year. The states recorded 11.8 billion, 11.5 billion, and 8.7 billion, respectively.”
See full of states IGR in 2022 below:
- Lagos – N651.2bn
- Rivers – N172.8bn
- FCT – N124.4bn
- Ogun – N120.6bn
- Delta – N85.9bn
- Oyo – N62.2bn
- Kaduna – N58.1bn
- Edo – N47.5bn
- Kano – N42.5bn
- Kwara – N35.8bn
- Akwa Ibom – N34.8bn
- Anambra – N33.9bn
- Ondo – N32.6bn
- Enugu – N28.7bn
- Bauchi – N25.5bn
- Osun – N24.6bn
- Sokoto – N23.6bn
- Cross River – N21.1bn
- Jigawa – N20.5bn
- Abia – N20.1bn
- Zamfara – N19.4bn
- Imo – N19.3bn
- Nasarawa – N19.3bn
- Borno – N19.1bn
- Kogi – N18.2bn
- Ekiti – N17bn
- Niger – N16.9bn
- Benue – N15.9bn
- Plateau – N15.9bn
- Bayelsa – N15.9bn
- Gombe – N13.6bn
- Adamawa – N13.2bn
- Katsina – N13bn
- Ebonyi – N12.4bn
- Yobe – N10.5bn
- Taraba – N10.2bn
- Kebbi – N9.1bn