The 36 states in the country generated revenue of N612.87 billion in the first half of this year, as against N693.91 billion in the corresponding period of 2019. This indicates a negative growth of -11.7% year on year.
Similarly, revenue in the Q2 2020 for the states and Federal Capital Territory was N259.73 billion compared to N353.14 billion recorded in Q1 2020. This shows a negative growth of -26.5% quarter on quarter.
Lagos State recorded the highest Internally Generated Revenue of N204.51 billion in H1 2020, closely followed by Rivers State with N64.59 billion while Jigawa State recorded the least Internally Generated Revenue of N3.oo5 billion.
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Others are; DeltaN30,842,285,439, Ogun N23.684 billion, Oyo N17.773 billion, Kano 17.504 billion, Akwa Ibom N16.210 billion, Kaduna N14.549 billion and Edo N14.013 billion.
Ondo collected IGR of N13.582 billion, Enugu N12.262 billion, Anambra N9.546 billion, Plateau N9.400 billion, Kwara N9,360 billion, Osun N959 billion, Osun N8.959, Cross River N8.050, Imo N7,732 billion and Kogi N7.434 billion.