Ogun IGR drops by N20 billion in 2020, ranked sixth behind Kaduna, Delta

user_icon Ogun IGR drops by N20 billion in 2020, ranked sixth behind Kaduna, Delta Posted by:
Tiamiyu Saheed Oluwatosin
calendar-icon Ogun IGR drops by N20 billion in 2020, ranked sixth behind Kaduna, Delta Posted on: 2021-04-16 19:25:36
Ogun IGR drops by N20 billion in 2020, ranked sixth behind Kaduna, Delta INTERNALLY-GENERATED-REVENUE-IGR



The Internally Generated Revenue (IGR) of the Ogun State Government has continued to shrink, Press reports.

A report published in April by the National Bureau of Statistics (NBS) revealed that Ogun State generated a sum of N50,749,595,850.07 in the year 2020.

However, the total IGR realized by the state in 2019 was said to be N70,922,590,495.89, meaning there was a reduction of N20,172,994,645.96 in what the state generates in 2020.

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As of 2018, Press recalls that the Gateway State was able to get N84.5 billion, making the first three in ranking by the full-year IGR share total, with Lagos and Rivers States.

With the further decline in IGR, Ogun now comes sixth in ranking 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 in the first quarter of 2020; N9,069,046,778.51 in the second quarter; N14,050,107,657.94 in the third quarter and a sum of N13,015,040,667.39 in the last quarter of the year.

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Press reports 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 growth in their internal revenues in 2020.

However, there was a reduction in 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.

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