Lagos State blazes the trail, leads other states with N753b IGR collection in 2021
Lagos State collected the highest Internally-Generated Revenue (IGR) of N753.46 billion in 2021 followed by the FCT which collected N131.92 billion.
In 2019, Lagos State also took the lead when it collected N646.61 billion again, followed by Rivers that collected N169.6 billion.
The NBS stated in its Internally Generated Revenue at States Level (2019 – 2021) report that the 36 states of the federation combined collected N1.64 trillion as IGR in 2019.
It stated that 64.65 per cent of the revenue collected by the states was from taxes.
The NBS added that the N1.64 trillion collected in 2019 declined by 4.65 per cent in 2020 when the states collected N1.56 trillion internally.
“The proportion of tax revenue in 2020 rose to 66.16 per cent, however,’’ it stated.
The NBS stated also that in 2021, the 36 states collected N1.9 trillion internally, representing a growth rate of 21.54 per cent over the 2020 revenue collections.
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