IGR: 36 States, FCT record N986.29bn in 9months
IGR: 36 States, FCT record N986.29bn in 9months By Yinka Kolawole The 36 States of the federation and the Federal Capital Territory (FCT) recorded Internally Generated Revenue (IGR) of N986.29 billion in nine months ending September 2019, representing 16.81 percent year-on-year (YoY) increase when compared with N844.35 billion recorded in the corresponding period in 2018. But on a quarterly basis, IGR for the 36 states and the FCT dropped by 25.12 percent in the third quarter of 2019 (Q3’19) to N293.80 billion from N392.38 billion recorded in the second quarter of 2019 (Q2’19), The National Bureau of Statistics (NBS) disclosed this yesterday in a report titled, “Internally Generated Revenue at State Level forQ3 2019”. READ ALSO: NIDCOM chief seeks collaboration with ILO to tackle irregular migration NBS stated: “The Q3 2019 states and FCT IGR figure hits N293.80 billion compared to N392.38 billion reco...