{"id":41238,"date":"2021-04-17T17:05:01","date_gmt":"2021-04-17T17:05:01","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/?p=41238"},"modified":"2021-04-17T16:42:18","modified_gmt":"2021-04-17T16:42:18","slug":"ogun-igr-drops-by-n20-billion-in-2020-ranked-sixth-behind-kaduna-delta","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/ogun-igr-drops-by-n20-billion-in-2020-ranked-sixth-behind-kaduna-delta","title":{"rendered":"Ogun IGR drops by N20 billion in 2020, ranked sixth behind Kaduna, Delta"},"content":{"rendered":"

Africa-Press<\/a> – Nigeria<\/a>. <\/strong><\/span>The Internally Generated Revenue (IGR) of the Ogun State Government has continued to shrink, DAILY POST reports.<\/p>\n

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.<\/p>\n

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.<\/p>\n

As of 2018, DAILY POST 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.<\/p>\n

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).<\/p>\n

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.<\/p>\n

DAILY POST reports that despite 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.<\/p>\n

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.<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. The Internally Generated Revenue (IGR) of the Ogun State Government has continued to shrink, DAILY POST 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 […]<\/p>\n","protected":false},"author":84,"featured_media":41237,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15,28,26],"tags":[1570,2140,449,3880,96,254,386],"class_list":["post-41238","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-nigeria-2","tag-delta","tag-igr","tag-kaduna","tag-nigeria","tag-ogun"],"yoast_head":"\nOgun IGR drops by N20 billion in 2020, ranked sixth behind Kaduna, Delta - Nigeria<\/title>\n<meta name=\"description\" content=\"The Internally Generated Revenue (IGR) of the Ogun State Government has continued to shrink, DAILY POST reports. 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