States generate N162.87b in six months - Uju Ayalogu's Blog for News, Reviews, Articles and More

Breaking News

Post Top Ad

Tuesday 6 October 2020

States generate N162.87b in six months

 

States generate N162.87b in six months

· Lagos leads with N204.51b collection


States generate N162.87b in six months



National Bureau of Statistics


The 36 States of the Federation and the Federal Capital Territory (FCT) generated N162. 87bn in the first six months of 2020.


The National Bureau of Statistics disclosed this in a report Published Internally Generated Revenue (IGR) at State level for Half Year 2020.


According to the report, the “36 states and FCT IGR figure hits N612.87bn in H1 2020 compared to N693.91bn recorded in 2019.”


The NBS noted that this indicates a negative growth of -11.7 per cent year on year.


Read Also: Food prices rose in August, says NBS

It added in the Q2 2020 states and FCT IGR figure hits N259.73bn compared to N353.14bn recorded in Q1 2020.


NBS said this indicates a negative growth of -26.5 per cent quarter- on- quarter.


Lagos State, according to the report, recorded the highest Internally Generated Revenue with N204.51bn recorded in H1 2020, closely followed by Rivers with N64.59bn while Jigawa State recorded the least Internally Generated Revenue.


READ ALSO:    Gov. Abiodun donates house, cash to Laycon, BBN winner


READ ALSO:   Gunmen kill monarch, four others in Plateau


Are you an artiste? Do you want your music to go viral and reach a large number of audience? Promote your music and Submit your story on Ujuayalogusblog.com by clicking here. For Advert Inquiries Tel/+44(0)7590363984


For More:   Subscribe to Ujuayalogusblog.com



Subscribe to Our Posts via Email


Share This

No comments:

Post a Comment

Listen to This Beautiful New Talent - Winter Wolf - Singing "Midnight"


Post Bottom Ad

Pages