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Nigeria's 2024 IGR Analysis Reveals Disparities Among States

NairaMetrics··1 min read
Nigeria's 2024 IGR Analysis Reveals Disparities Among States

The analysis of Nigeria's 2024 Internally Generated Revenue (IGR) reveals a widening gap between high-earning states like Lagos, Rivers, and the FCT, and low-earning states such as Zamfara. Despite a growth in total IGR to N3.63 trillion in 2024, the bottom 10 states only contributed 5.23% of the total IGR.

The economic challenges at the subnational level are highlighted, with Zamfara generating only N25.46 billion in IGR in 2024. Efforts to strengthen revenue generation from Ministries, Departments, and Agencies (MDAs) are emphasized, with a need to expand the tax base and tap into sectors like mining and agriculture.

Plus234Feed summary based on reporting from NairaMetrics.

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