Home Business IGR generated by states in 2017 was N931.23bn – Bureau of statistics
IGR generated by states in 2017 was N931.23bn – Bureau of statistics
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IGR generated by states in 2017 was N931.23bn – Bureau of statistics

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The National Bureau of Statistics says Internally Generated Revenue at State level for 2017 was N931.23bn compared to N831.19bn recorded in 2016.

This indicates a growth of 12.03% year on year.

At half year of 2017, total revenue generated by states was put at N432.65bn as against N409.09bn in the half year of 2016.

Thirty-one States recorded growth in revenue generation while five states which includes Akwa Ibom, Anambra , Bauchi, Osun and Taraba recorded a decline at the end of 2017 Fiscal Year.

However, the value of foreign debt stands at N6.80 trillion while domestic debt hits N3.35 trillion at the end of 2017.

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