Between January 2019 and December 2019, a total of N30.6bn was earned as Internally Generated Revenue by the Kwara State, an analysis of figures obtained from the National Bureau of Statistics has revealed.
The analysis of the states’ IGR report made available on Friday, May 22nd by the National Bureau of Statistics in its published report on ‘Internally Generated Revenue at State level report for fourth quarter and full year 2019′.
Kwara came 10th in the country with highest internally generated revenue with 2.3 percent shares.
“The 36 states and FCT IGR figure hits N1.33 tn in 2019 compared to N117tn recorded in 2018.
“This shows a positive growth of 20.92 percent year on year.
“Similarly, the Q4 2019 states and FCT IGR figure hits N346.20bn compared to N294.11 bn recorded in Q3 2019.
“This shows a positive growth of 17.71% quarter on quarter.
“Lagos state has the highest Internally Generated Revenue with N398.73 bn recorded, closely followed by Rivers with N140.40 bn, while Taraba State recorded the least Internally Generated revenue,” the report stated in part.