Benue, 23 other states record poor internal revenue in 2015
Declining global oil prices has put increasing pressure on states to explore alternative ways to shore up their revenue earnings. However, Benue along with 23 other states struggled to raise their internally generated revenue, IGR, in 2015.
According to the National Bureau of Statistics, NBS, in its latest IGR report released on Thursday,
stated that Benue State along with Kwara, Imo, Bayelsa, Adamawa, Akwa Ibom, Cross River, Delta, Ekiti, Enugu, Gombe, Jigawa, Kaduna, Kano, Katsina, Kebbi, Lagos, Ondo, Osun, Oyo, Plateau, Rivers, Yobe, and Zamfara performed poorly.
Benue State witnessed an 8.55 per cent drop in IGR from the preceding year with Kwara state topping the losers chat with its IGR declining massively by about 73.57 per cent from what was obtained in 2014.
Other poor performers include Imo (48.3 per cent), Yobe (36.53 per cent), Rivers (8.54 per cent), Katsina (7.46 per cent), Kebbi (6.73 per cent), Enugu (6.47 per cent), Akwa Ibom (5.99 per cent), Osun (5.45 per cent), Ekiti (4.99 per cent), Delta (4.93 per cent), Oyo (4.11 per cent), Lagos (2. 96 per cent), and Kano (0.37 per cent).
Ogun State’s IGR records were adjudged best, with a 49.42 per cent increase, almost doubling the N17.5 billion revenue earned in 2014 to N34.6 billion.
Anambra followed closely, with its IGR rising by about 29.32 per cent from N10.45 billion in 2014 to N14.79 billion, while Borno came third with a 21.8 per cent improvement from N2.76 billion the previous year to N3.53 billion.
Other states with improved performances included Edo (10.95 per cent), Bauchi (10.2 per cent), Sokoto (9.75 per cent), Taraba (8.57 per cent), Abia (7.33 per cent), Nasarawa (4.59 per cent), Niger (3.98 per cent) and Kogi (3.05 per cent). Ebonyi was the only state whose internally generated revenue records were not available.
Overall performance of the 36 states showed that the total IGR realized for the year dropped by 3.69 per cent, from N707.86 billion in 2014 to N682.67 billion. The NBS report is based on records obtained from the Joint Tax Board and states’ internal revenue agencies.
According to the National Bureau of Statistics, NBS, in its latest IGR report released on Thursday,
stated that Benue State along with Kwara, Imo, Bayelsa, Adamawa, Akwa Ibom, Cross River, Delta, Ekiti, Enugu, Gombe, Jigawa, Kaduna, Kano, Katsina, Kebbi, Lagos, Ondo, Osun, Oyo, Plateau, Rivers, Yobe, and Zamfara performed poorly.
Benue State witnessed an 8.55 per cent drop in IGR from the preceding year with Kwara state topping the losers chat with its IGR declining massively by about 73.57 per cent from what was obtained in 2014.
Other poor performers include Imo (48.3 per cent), Yobe (36.53 per cent), Rivers (8.54 per cent), Katsina (7.46 per cent), Kebbi (6.73 per cent), Enugu (6.47 per cent), Akwa Ibom (5.99 per cent), Osun (5.45 per cent), Ekiti (4.99 per cent), Delta (4.93 per cent), Oyo (4.11 per cent), Lagos (2. 96 per cent), and Kano (0.37 per cent).
Ogun State’s IGR records were adjudged best, with a 49.42 per cent increase, almost doubling the N17.5 billion revenue earned in 2014 to N34.6 billion.
Anambra followed closely, with its IGR rising by about 29.32 per cent from N10.45 billion in 2014 to N14.79 billion, while Borno came third with a 21.8 per cent improvement from N2.76 billion the previous year to N3.53 billion.
Other states with improved performances included Edo (10.95 per cent), Bauchi (10.2 per cent), Sokoto (9.75 per cent), Taraba (8.57 per cent), Abia (7.33 per cent), Nasarawa (4.59 per cent), Niger (3.98 per cent) and Kogi (3.05 per cent). Ebonyi was the only state whose internally generated revenue records were not available.
Overall performance of the 36 states showed that the total IGR realized for the year dropped by 3.69 per cent, from N707.86 billion in 2014 to N682.67 billion. The NBS report is based on records obtained from the Joint Tax Board and states’ internal revenue agencies.
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