…..others generate N149.5bn in Q3
The National Bureau of Statistics (NBS) has reported that total Internally Generated Revenue (IGR) by states in the third quarter this year tentatively stood at N149.45 billion, even as many states failed to provide their IGR figures
The final figures for the 36 states’ IGR for the quarter and year-to-date collections could not be computed as many states, including Rivers, Sokoto, Nasarawa, Niger, Kwara, Kano,Katsina, Kebbi, Kogi, Gombe, Edo, Borno, Bauchi, Adamawa, Abia Ebonyi and Anambra, were yet to submit their IGR figures as the time the Bureau reported.
Similarly, efforts by the statistics producing agency to capture the year-to-date (YTD) IGR collections were stalled as some states had not forwarded figures of their collections in other quarters to the Bureau for computation too.
In its latest report on states’ IGR performance published Friday, the Bureau reported that tentative YTD revenue generated by states was put at N473.08bn.
NBS reported further that from the available figures provided by other states, there was a shortfall of N334.84bn recorded as at Q3 2017 when you compared with the full year 2016 and Q3 2017.
According to the agency, states like Bayelsa, Benue, Ekiti, Enugu and Jigawa had already surpassed their total 2016 IGR figures as of Q3 2017 while as already indicated, Rivers, Sokoto, Nasarawa, Niger, Kwara, Kano,Katsina, Kebbi, Kogi, Gombe, Edo, Born, Bauchi, Adamawa, Abia Ebonyi and Anambra have not yet reported for Q3 2017 so have no analysis here.
The Bureau clarified: “The full year 2016 state IGR figure of N807.92bn excludes Anambra, Ebonyi and Rivers states who are yet to report on details for either one or all of the last 3 years.
As at half year 2017, total revenue generated by states was put at N396.92bn as against N392.06bn. This represents an average growth of 1.24%. 25 States are doing better with IGR by Q2 2017 compared to Q2 2016 and this excludes Rivers, Ebonyi and Anambra who have not yet reported IGR details for Q2 2017 and who have not reported details for either one of all of the last 3 years.
“The net FAAC allocation in half year 2017 (N744.4bn) was 187% higher than IGR for same period in Q2 2017 (N396.9bn) excluding IGR for Anambra, Rivers and Ebonyi states. If we remove FAAC for these 3 states without IGR records then net FAAC allocation by Q2 2017 (N664.8 bn) was 165% higher than total IGR for states with records by Q2 2017.
“The total revenue available to states was put at N1.05trn and these exclude IGR information for Rivers, Anambra and Ebonyi States”, NBS added.