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IGR revenue report, Lagos No 1 in Nigeria

IGR revenue report, Lagos No 1 in Nigeria

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IGR revenue report, Lagos No 1 in Nigeria
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Lagos state generated N185.541 billion in 2010, N202.761 billion in 2011 and N219.202 billion in 2012 making it the highest internal revenue generating state according to data released by the National Bureau of Statistics, this report was signed by Statistician General, Yemi Kale and also the joint tax board.

The report shows that Lagos seems to be on a class of its own and most of the states in the South seem to generate more revenue internally than those states in the North. Aside Lagos some of the other notable states with good IGR are; Cross-river, Oyo, Enugu, Rivers, Delta and Akwa-Ibom. Rivers State came in behind Lagos state with N173.047 billion and a breakdown showed that the state generated N49.585 billion in 2010, 57.187 billion Naira in 2011 and N66.275 billion in 2012. Delta ranked third with the most IGR, the data revealed that 26.087 billion naira was collected in 2010, N34.750 billion in 2011 and N45.566 billion in 2012.

The gap in economic growth and development between states in the South and North are as clear as daylight which reflects the gap in social statistics in terms of education, business and commerce development, entrepreneur activities and growth of industrial activities.

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