Close Menu
Chronicle.ng
    Trending Stories
    Many injured as three-storey building collapses in Lagos

    Many injured as three-storey building collapses in Lagos

    July 3, 2025
    Liverpool forward Diogo Jota dies in car crash

    Ronaldo mourns Diogo Jota, says his death ‘doesn’t make sense’

    July 3, 2025
    Nigerians prefer abortion over raising a child with special needs

    Why Nigerians prefer abortion over raising a child with special needs

    July 3, 2025
    Facebook X (Twitter) Instagram
    Trending
    • Many injured as three-storey building collapses in Lagos
    • Ronaldo mourns Diogo Jota, says his death ‘doesn’t make sense’
    • Why Nigerians prefer abortion over raising a child with special needs
    • JUST IN: Liverpool forward Diogo Jota dies in car crash
    • Sowore calls Atiku, El-Rufai’s ADC ‘a coalition of past criminals’
    • How ADC collapsed under Obasanjo-led coalition before 2019 elections
    • Truck crushes police officer to death at Ogun checkpoint
    • Baltasar Engonga, former E’Guinea anti-corruption chief with over 400 sextapes faces 18-year jail term
    Facebook X (Twitter) Instagram
    Chronicle.ngChronicle.ng
    Subscribe
    Thursday, July 3
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle.ng

    IGR grows to N1.9trn as Lagos, Rivers, FCT top list

    Vincent OsuwoBy Vincent OsuwoOctober 24, 2023No Comments3 Mins Read
    Facebook Twitter Telegram WhatsApp
    CBN petitioned by Bank customers over excess charges
    Central Bank of Nigeria (CBN)
    Facebook Twitter WhatsApp

    Lagos, Rivers, and the Federal Capital Territory lead the list of Internally Generated Revenue (IGR) for the year 2022, with N651.15 billion, N172.89 billion, and N124.4 billion, respectively.

    According to the National Bureau of Statistics, a total of N1.93 trillion was created across Nigeria’s 36 states, including the Federal Capital Territory, in 2022 IGR.

    According to NBS data, the states with the fewest resources are Kebbi (N9.1 billion), Taraba (N10.2 billion), and Yobe (N10.5 billion).

    Pay As You Earn, direct assessment, road taxes, stamp duties, capital gain tax, withholding taxes, other taxes, and LGA revenue were also reported by NBS during the period.

    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-categories recorded in this period are PAYE, direct assessment, road taxes, stamp duties, capital gain tax, withholding taxes, other taxes, and LGA 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 percent in 2021.

    “Like what was recorded in 2021, the leading states in total IGR during the year were Lagos and Rivers, as well as the FCT with 651.14 billion, 172.82 billion, and 124.36 billion, respectively.

    “While the least 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 of the total tax-generated revenues nationwide. While capital gains tax was the least in the year under review, with 0.24 percent of total tax revenue,

    “Oyo, Lagos, and Jigawa states were the three leading states with the highest LGA revenue reported during the year. The states recorded 11.8 billion, 11.5 billion, and 8.7 billion, respectively.”

    See the full list of states IGR in 2022 below:

    1. Lagos – N651.2bn

    2. Rivers – N172.8bn

    3. FCT – N124.4bn

    4. Ogun – N120.6bn

    5. Delta – N85.9bn

    6. Oyo – N62.2bn

    7. Kaduna – N58.1bn

    8. Edo – N47.5bn

    9. Kano – N42.5bn

    10. Kwara – N35.8bn

    11. Akwa Ibom – N34.8bn

    12. Anambra – N33.9bn

    13. Ondo – N32.6bn

    14. Enugu – N28.7bn

    15. Bauchi – N25.5bn

    16. Osun – N24.6bn

    17. Sokoto – N23.6bn

    18. Cross River – N21.1bn

    19. Jigawa – N20.5bn

    20. Abia – N20.1bn

    21. Zamfara – N19.4bn

    22. Imo – N19.3bn

    23. Nasarawa – N19.3bn

    24. Borno – N19.1bn

    25. Kogi – N18.2bn

    26. Ekiti – N17bn

    27. Niger – N16.9bn

    28. Benue – N15.9bn

    29. Plateau – N15.9bn

    30. Bayelsa – N15.9bn

    31. Gombe – N13.6bn

    32. Adamawa – N13.2bn

    33. Katsina – N13bn

    34. Ebonyi – N12.4bn

    35. Yobe – N10.5bn

    36. Taraba – N10.2bn

    37. Kebbi – N9.1bn

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    Many injured as three-storey building collapses in Lagos

    Many injured as three-storey building collapses in Lagos

    Nigerians prefer abortion over raising a child with special needs

    Why Nigerians prefer abortion over raising a child with special needs

    Omoyele Sowore, a human rights activist and former presidential candidate, claims that all opposition parties in Nigeria, with the exception of his African Action Congress, are influenced and controlled by the ruling All Progressives Congress, APC.

    Sowore calls Atiku, El-Rufai’s ADC ‘a coalition of past criminals’

    How ADC collapsed under Obasanjo-led coalition before 2019 elections

    How ADC collapsed under Obasanjo-led coalition before 2019 elections

    Police rescue abducted Benue Links passengers

    Truck crushes police officer to death at Ogun checkpoint

    Equatorial Guinea sacks Baltazar Engonga as ANIF boss over sex scandal

    Baltasar Engonga, former E’Guinea anti-corruption chief with over 400 sextapes faces 18-year jail term

    Add A Comment
    Leave A Reply Cancel Reply

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    Many injured as three-storey building collapses in Lagos

    Many injured as three-storey building collapses in Lagos

    July 3, 2025
    Liverpool forward Diogo Jota dies in car crash

    Ronaldo mourns Diogo Jota, says his death ‘doesn’t make sense’

    July 3, 2025
    Nigerians prefer abortion over raising a child with special needs

    Why Nigerians prefer abortion over raising a child with special needs

    July 3, 2025
    Liverpool forward Diogo Jota dies in car crash

    JUST IN: Liverpool forward Diogo Jota dies in car crash

    July 3, 2025
    Omoyele Sowore, a human rights activist and former presidential candidate, claims that all opposition parties in Nigeria, with the exception of his African Action Congress, are influenced and controlled by the ruling All Progressives Congress, APC.

    Sowore calls Atiku, El-Rufai’s ADC ‘a coalition of past criminals’

    July 3, 2025
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2025 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.