Rivers State replaces Lagos as the new king on the block..
Apart from the monthly allocations received from the federal government, states in Nigeria also meet their financial needs from Internally Generated Revenues (IGR), that is, the revenues they generated in their respective territories
While some states with strong economic power have huge internally generated revenues to meet their needs, others have low revenues which make it difficult for them to meet their needs without the federal allocations.
A report by BudgIT Nigeria, a civic tech organisation, raising the standards of transparency, citizen engagement and accountability in public finance, shows the top 10 states with the highest revenues in 2019.
The report tagged State of States sourced its data in part from the National Bureau of Statistics (NBS).
1. Rivers (N27,618,370,390)
2. Lagos (N16,550,697,866)
3. Kaduna (N15,510,189,659)
4. Enugu (N8,923,529,697)
5. Akwa Ibom (N8,080,204,669)
6. Kwara (N7,599,787,113)
7. Osun (N7,540,730,845)
8. Zamfara (N7,209,347,808)
9. Anambra (N7,063,928,218)
10. Benue (N6,634,997,664)
Olalekan Ajimoti – Blogger, Content Writer, and Digital Marketer helping brands and retailers build 8-figure e-commerce since 2016.
As a corporate trainer, brand communications expert, and brand consultant, I help people start, stay and grow in business leveraging digital skills and traditional expertise.
