Lagos Makes Highest Internally Generated Revenue In Nigeria
File image: NBS office

The National Bureau of Statistics (NBS) has said the 36 states and the Federal Capital Territory generated N579.4bn as Internally Generally Revenue in the first half of 2018.

It noted that that Lagos had the highest IGR with N196.39bn; eight states having a fall and 28 states recorded growth in IGR.

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This was against the N453.83bn made in the first half of 2017 and thus, a rise of 27.7 percent.

The states with a fall in revenue are Abia, Anambra, Benue, Taraba, Kebbi, Kwara, Ebonyi and Enugu.

Also, the allocation to states from the federation account stood at N1.74tn within the first half of this year.