The Internally Generated Income (IGR) of the Ogun State Authorities has continued to shrink, DAILY POST reviews.
A report printed in April by the Nationwide Bureau of Statistics (NBS) revealed that Ogun State generated a sum of N50,749,595,850.07 within the 12 months 2020.
Nevertheless, the full IGR realized by the state in 2019 was stated to be N70,922,590,495.89, that means there was a discount of N20,172,994,645.96 in what the state generates in 2020.
As of 2018, DAILY POST recollects that the Gateway State was capable of get N84.5 billion, making the primary three in rating by the full-year IGR share complete, with Lagos and Rivers States.
With the additional decline in IGR, Ogun now comes sixth in rating behind Lagos (N418,988,581,897.11); Rivers (N117,189,729,245.29); Federal Capital Territory (N92,059,700,897.42); Delta (59,732,882,882,662.97) and Kaduna (N50,768,523,407.34).
From the NBS report, Ogun, it was gathered, generated N14,615,400,746.23 within the first quarter of 2020; N9,069,046,778.51 within the second quarter; N14,050,107,657.94 within the third quarter and a sum of N13,015,040,667.39 within the final quarter of the 12 months.
DAILY POST reviews that the COVID-19 lockdown, states like Kebbi, Ebonyi, Oyo, Borno, Katsina, Taraba, Gombe, Kaduna, Lagos, Kogi, Plateau, Zamfara, Nasarawa, Osun, Bauchi, Imo, Kogi, Ekiti and FCT recorded a development of their inside revenues in 2020.
Nevertheless, there was a discount within the 2020 IGR of Ogun, Benue, Sokoto, Kwara, Jigawa, Cross River, Enugu, Kano, Ondo, Niger, Rivers, Adamawa, Bayelsa, Yobe, Edo, Delta, Akwa Ibom and Abia States.
- NIGERIA24 hours ago
Rivers: High unemployment rate under Wike responsible for insecurity – Amaechi
- NIGERIA14 hours ago
Emir of Bauchi suspends Reps member as Wakilin Birnin Bauchi
- NIGERIA14 hours ago
Why Nigeria cannot be divided – Atiku Abubakar
- NIGERIA10 hours ago
Strike: We’ve grounded Kaduna – NLC President dares El-Rufai
- NEWS13 hours ago
Restructuring: Impeach ‘rubber stamp Senate President Lawan now’ – Ohanaeze to NASS
- ENTERTAINMENT24 hours ago
“Love You All The Way Up” – Tonto Dikeh Tells Nengi
- NIGERIA12 hours ago
Goodluck Jonathan reacts to ongoing war between Israel, Palestine, urges immediate ceasefire
- NIGERIA9 hours ago
Biafra Zionists boasts of US support, plans parade May 30