Don't Miss


Home   >   Goverment   >   36 states earn N2.87tn IGR in five years

36 states earn N2.87tn IGR in five years

By on June 22, 2015

A total sum of N2.87tn was earned as Internally Generated Revenue by the 36 states of the federation within the last five years, a report prepared by the National Bureau of Statistics has shown.

The report, a copy of which was obtained by our correspondent in Abuja on Friday, indicated that the revenue was generated from four sources.

They are Pay-As-You-Earn; direct assessment; road taxes and unnamed other revenue source.

A breakdown of the figure showed that the sum of N417.03 was earned in 2010; N499.08bn in 2011; N567.99bn in 2012; N800bn in 2013 and N586.6bn in the 2014 fiscal period.

A further analysis of the revenue of the 36 states showed that Lagos State, with total revenue of N1.23tn generated within the five year period, led the IGR collection chart.

The Lagos State’s figure, when further broken down, showed that the state earned N149.96bn in 2010; N202.76bn in 2011; N219.20bn in 2012 while N384.25bn and N276.16bn were the amounts generated as the IGR in 2013 and 2014, respectively.

Rivers State followed Lagos on the revenue chart with a total collection of N345.53bn within the five year period.

The amount was earned as follows: N43.63bn in 2010; N52.71bn in 2011; N66.27bn in 2012; N87.91bn in 2013 while 2014 had the sum of N89.12bn.

Other states with high IGR within the five year period, according to the report, are Akwa Ibom State with N66.2bn; Delta, N154.21bn; Edo, N64.1bn; Enugu, N72.7bn; Kaduna, N56.37bn; and Oyo had N65.52bn.

The revenue made by these states, it was learnt, excluded the monthly allocation, which they received from the Federation Accounts Allocation Committee for the period under review.

For instance, a total sum of N7.75tn was shared among the three tiers of government within the 2014 fiscal period.

An analysis of the monthly distribution made also showed that the N7.75tn distributed in 2014 represents a decline of N150bn or 1.89 per cent over the N7.9tn, which the committee allocated in the 2013 fiscal period.

The federation account is currently being managed under a legal framework that allows funds to be shared with three major components – statutory allocation, Value Added Tax distribution and allocation made under the derivation principle.

Under statutory allocation, the Federal Government gets 52.68 per cent of the revenue shared; states, 26.72 per cent; and local governments, 20.60 per cent.

The framework also provides that VAT revenue be shared thus: the Federal Government, 15 per cent; states, 50 per cent; and local governments, 35 per cent.

Similarly, extra allocation is given to the nine oil producing states based on the 13 per cent derivation principle.

A breakdown of the N7.75tn figure for 2014 shows that the month of June had the highest allocation of N755.95bn; while September, with N693.53bn, and May, with N683.89bn, followed in that order.

The sum of N621.12bn was allocated in January; February had N641.29bn; while N641.38bn, N634.72bn and N654.58bn were the amounts distributed in March, April and July, respectively.

For the months of August, October, November and December, the committee distributed N611.76bn, N593.34bn, N628.77bn and N580.37bn, respectively.

 

[Punch]

2 Comments

  1. COMPTROLLER Abdullahi Dikko

    June 23, 2015 at 7:42 pm

    DESTINY LINK INTL ORGANIZATION,THE BEST CERTIFIED RELIABLE MATCH MAKING
    AGENCY COMPANY IN NIG/UK 2014/2015

    ARE YOU IN NEED OF A RICH WEALTHY SUGAR MUMMY/SUGAR DADDY/GAY AND LESBIAN
    PARTNER ANYWHERE IN NIGERIA,UK, USA, ASIA,SOUTH AFRICA,MALAYSIA, ZIMBABWE
    AND IVORY COAST,THEN CONTACT DESTINY LINK INTL ORGANIZATION DATABASE ADMIN
    AGENT MR MORRIES

    +2348071657464

    Are you a young man seeking for sugarmummy or young lady seeking for Sugardaddy,
    Single Ladies and single guys. Are you good in Bed ? Do you really need a rich
    sexy sugarmummy or sugardaddy that can change your life completely with money and
    influence, so get the opportunity to meet sugarmummy/ sugardady from all works of
    life, politicians, Bankers, Oil ladies, Directors, Gold dealers, Cash money ladies,
    Doctors, London Based willing to pay as much as 100 to 150k and get the best
    exclusive VP arrangement anywhere in Nigeria. LAGOS, ABUJA, CALABAR, DELTA,
    ANAMBRA, PORT, IBADAN, RIVER, JOS, BENIN, ONDO etc we have some rich sugarmummies
    and sugardaddies who are urgently looking for youngmen and youngladies to spend
    their Money on. Contact us via our Email Address: [email protected] or Contact
    our Agent Mr Samson on 08071657464 for more Details….

    Interested In This Ad? Contact The Author Via The Form Below.
    Your Full Name:
    Address:
    City:
    State:
    Country:
    Phone no:
    Email Address:

    Send the required informations to us as text or call us 0N +2348071657464

    Maximum security is guarantee from any of our clients because we have done all the
    necessary background checkup on all the ladies and men we have on our database,so
    contact us today for you to get a partner that can change your life completely with
    money and influence,
    These are contacts and numbers of sugar mummies and sugar daddies that has not yet
    be given out,so start calling to get connected immediately within your location:

    start calling and getting hooked up to business partners,marriage partners,pals and
    lovers everyday and get the best connections in Nigeria with invitation to government
    private parties and get paid for being there…..

    DESTINY LINK …it’s all about connection.

    +4803307568**
    +447087620783**
    +1706285418**
    2338106358**
    +318108828**
    +447038844**
    +103307568**
    +970329843**
    +670628541**
    +321063589**
    +408972865**
    +110336457**
    +740330756**
    +743298439**
    +970628541**
    +670635892**
    +671088286**
    +103884574**
    4308033075**
    7807032984**
    0706285418**
    0810635892**
    0808972865**
    0703364574**
    0803307568**
    0703298439**
    0706285418**
    0810635892**
    0810882865**
    +907038845**

  2. Destiny Link Organization

    June 23, 2015 at 7:43 pm

    DESTINY LINK INTL ORGANIZATION,THE BEST CERTIFIED RELIABLE MATCH MAKING
    AGENCY COMPANY IN NIG/UK 2014/2015

    ARE YOU IN NEED OF A RICH WEALTHY SUGAR MUMMY/SUGAR DADDY/GAY AND LESBIAN
    PARTNER ANYWHERE IN NIGERIA,UK, USA, ASIA,SOUTH AFRICA,MALAYSIA, ZIMBABWE
    AND IVORY COAST,THEN CONTACT DESTINY LINK INTL ORGANIZATION DATABASE ADMIN
    AGENT MR MORRIES

    +2348071657464

    Are you a young man seeking for sugarmummy or young lady seeking for Sugardaddy,
    Single Ladies and single guys. Are you good in Bed ? Do you really need a rich
    sexy sugarmummy or sugardaddy that can change your life completely with money and
    influence, so get the opportunity to meet sugarmummy/ sugardady from all works of
    life, politicians, Bankers, Oil ladies, Directors, Gold dealers, Cash money ladies,
    Doctors, London Based willing to pay as much as 100 to 150k and get the best
    exclusive VP arrangement anywhere in Nigeria. LAGOS, ABUJA, CALABAR, DELTA,
    ANAMBRA, PORT, IBADAN, RIVER, JOS, BENIN, ONDO etc we have some rich sugarmummies
    and sugardaddies who are urgently looking for youngmen and youngladies to spend
    their Money on. Contact us via our Email Address: [email protected] or Contact
    our Agent Mr Samson on 08071657464 for more Details….

    Interested In This Ad? Contact The Author Via The Form Below.
    Your Full Name:
    Address:
    City:
    State:
    Country:
    Phone no:
    Email Address:

    Send the required informations to us as text or call us 0N +2348071657464

    Maximum security is guarantee from any of our clients because we have done all the
    necessary background checkup on all the ladies and men we have on our database,so
    contact us today for you to get a partner that can change your life completely with
    money and influence,
    These are contacts and numbers of sugar mummies and sugar daddies that has not yet
    be given out,so start calling to get connected immediately within your location:

    start calling and getting hooked up to business partners,marriage partners,pals and
    lovers everyday and get the best connections in Nigeria with invitation to government
    private parties and get paid for being there…..

    DESTINY LINK …it’s all about connection.

    +4803307568**
    +447087620783**
    +1706285418**
    2338106358**
    +318108828**
    +447038844**
    +103307568**
    +970329843**
    +670628541**
    +321063589**
    +408972865**
    +110336457**
    +740330756**
    +743298439**
    +970628541**
    +670635892**
    +671088286**
    +103884574**
    4308033075**
    7807032984**
    0706285418**
    0810635892**
    0808972865**
    0703364574**
    0803307568**
    0703298439**
    0706285418**
    0810635892**
    0810882865**
    +907038845**