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Economy | State and Local Govts

N1.31trn Generated as IGR in 2020 - NBS

Apr 16, 2021   •   by   •   Source: Proshare   •   eye-icon 1287 views

Friday, April 16, 2021 09:40 AM / byNBS/ Header Image Credit:  NBS

 

The National Bureau ofStatistics Published Internally Generated Revenue at State level for FourthQuarter and Full Year 2020. The 36 states and FCTIGR figure hits N1.31trn in 2020 compared to N1.33trnrecorded in 2019. This indicates a negative growth of -1.93%year on year.

 

Similarly, the Q4 2020states and FCT IGR figure hits N335.25bn compared to N338.57bnrecorded in Q3 2020. This indicates a negativegrowth of -0.98%quarter on quarter.

 

Lagos state has thehighest Internally Generated Revenue with N418.99bn recorded, closelyfollowed by Rivers with N117.19bn while YobeState recorded the least Internally Generated revenue.

           

ClickHere to Download Q4 & Full Year 202o IGR PDF Report


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Latest2021 NBS Reports

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Q2 2021

1.      Headline InflationIncreases by 18.17% YoY In March 2021, 0.82% Higher Than February 2021 Rate -NBS

2.     Average Prices of PMS,AGO, HHK and Cooking Gas - March 2021

3.     RealHousehold Consumption Expenditure Growth Rate Stood at 0.18% in 2020 - NBS

4.     AllCommodity Group Import Index Grew By 0.13% in Q4 2020 - NBS

5.     38.60%of Nigeria's Total Public Debt Was External in Q4 2020 - NBS

 

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Q1 2021

6.     Average Price of 1kg ofTomato Increased by 11.33% YoY in February 2021 - NBS

7.     AverageFare Paid by Commuters for Intercity Journey Increased by 1.13% MoM in February2021 - NBS

8.     FAAC DisbursesN619.34bn in January 2021 - NBS

9.    AveragePrices of PMS, AGO, HHK and Cooking Gas - February 2021

10.  ActiveVoice Subscribers Declined by -0.32% QoQ in Q4 2020 - NBS

11.  Headline Inflation Increases by17.33% YoY In February 2021, 0.86% Higher Than January 2021 Rate

12.  Nigeria'sUnemployment Rate Increases to 33.3% in Q4 2020 from 27.1% in Q2 2020 - NBS

13.  TotalTrade Higher By 8.9% in Q4 2020, Lower By 10.3% in FY 2020

14.  Average Price of 1kg of Tomato Decreased by-6.59% MoM in January 2021

15.  AveragePrices of PMS, AGO, HHK and Cooking Gas - January 2021

16.  NigeriaExits Recession, Real GDP Grew by 0.11% in Q4 and -1.92% in Full Year 2020

17.  HeadlineInflation Increases by 16.47% YoY In January 2021, 0.71% Higher Than December2020 Rate

18.  FAAC Disburses N2.49trn to FGand N2.30trn to States in Year 2020 - NBS

19.  FAAC Disburses N601.11bn inDecember 2020 - NBS

20. FAACDisburses N604.00bn in November 2020 - NBS

21.  TotalValue of Capital Importation into Nigeria Stood at US$1,069.68m in Q4 2020 -NBS

22. N295.72bn Generated asCompany Income Tax in Q4 2020 - NBS

23. N454.69bn Generated asValue Added Tax in Q4 2020 - NBS

24. Average Price of 1kg of Tomato Increases by 17.51% YoY inDecember 2020 - NBS

25. AverageAir Fare Increases by 18.54% YoY in December 2020 - NBS

26. AveragePrices of PMS, AGO, HHK and Cooking Gas - December 2020

27. Headline Inflation Increases by 15.75% YoY In December2020, 0.86% Higher Than November 2020 Rate

28. 62.18% of Nigeria's Total Public Debt as of Q3 2020 WasDomestic - NBS

29. Active Voice Subscribers Grew by 4.59% in Q3 2020 - NBS



Proshare Nigeria Pvt. Ltd.



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