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Tag: States

  • FULL LIST: Top 10 states with highest FAAC allocation in 2025

    FULL LIST: Top 10 states with highest FAAC allocation in 2025

    The 2025 ranking of the top 10 states by net Federation Account Allocation Committee (FAAC) receipts underscores a familiar fiscal pattern. Oil-producing states and leading commercial hubs dominate the table, buoyed by multiple shared revenue streams and, for producing states, the added advantage of the 13 per cent derivation fund.

    In 2025, state allocations were shaped by key revenue components, including net statutory distribution, net Value Added Tax (VAT), the Electronic Money Transfer Levy (EMTL), and the 13 per cent derivation for oil-producing states. Taken together, these inflows favoured states with stronger production bases and higher levels of economic activity.

    Below are the top 10 states with the highest FAAC allocation in 2025

    1. Delta State — ₦649.67bn

    Delta led the 2025 FAAC table with ₦649.67 billion in net allocation. Its dominance was driven largely by oil receipts, particularly the 13 per cent derivation fund. Combined with statutory allocation and VAT inflows, the oil advantage cemented Delta’s position at the top.

    2. Rivers State — ₦526.30bn

    Rivers ranked second with ₦526.30 billion, reflecting a similar structural edge. As a major oil-producing state with a vibrant commercial base, Rivers benefited from derivation revenue alongside strong VAT performance generated by high transaction volumes.

    3. Lagos State — ₦514.56bn

    Lagos emerged as the highest-ranking non-oil state, posting ₦514.56 billion. Nigeria’s commercial nerve centre leveraged its vast consumption market and electronic payment ecosystem to record robust VAT and Electronic Money Transfer Levy (EMTL) inflows.

    4. Akwa Ibom State — ₦494.23bn

    Akwa Ibom secured ₦494.23 billion, reinforcing its status among the top tier. Oil production and derivation earnings, backed by statutory and VAT components, sustained the state’s strong FAAC standing.

    5. Bayelsa State — ₦488.08bn

    Bayelsa received ₦488.08 billion, underscoring the weight of derivation revenue in the FAAC formula. Despite a relatively smaller population and market size, oil-linked inflows lifted the state above several larger counterparts.

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    6. Kano State — ₦270.86bn

    Kano led the northern non-oil states with ₦270.86 billion. Its large population and commercial scale supported solid VAT receipts, strengthening its position among the top allocations.

    7. Oyo State — ₦213.75bn

    Oyo recorded ₦213.75 billion, reflecting the impact of population size, trade and consumer activity. Though without derivation benefits, the state’s economic base bolstered its share of statutory and VAT distributions.

    8. Anambra State — ₦199.88bn

    Anambra posted ₦199.88 billion, driven by sustained private-sector activity and transaction flows. While lacking oil derivation revenue, its commercial strength kept it competitive in the FAAC rankings.

    9. Borno State — ₦198.75bn

    Borno received ₦198.75 billion, highlighting the broader factors embedded in the allocation formula. Beyond oil output and commerce, fiscal considerations and statutory criteria shaped its final share.

    10. Ondo State — ₦198.42bn

    Ondo closed the top 10 with ₦198.42 billion. As an oil-producing state, derivation revenue enhanced its allocation, enabling it to compete favourably despite having a smaller consumer market than some peers.

  • Creation of states nonsensical, counterproductive

    Creation of states nonsensical, counterproductive

    Last February, the Senate Committee on Constitution Review (CRC) indicated that they had received requests for the creation of 31 additional states and 18 more local government areas. Last week, Senate President Godswill Akpabio, however, announced that the requests for more states had grown to some 42. Whatever the number of states and LGs Nigerians are campaigning for, there is no doubt that all the six geopolitical zones are keen on the creation of more states and LGs which they see as the only way to engender inclusivity and development. Their developmental paradigms are, however, wrong. How they think fragmentation of states and local governments have positive correlation with development is hard to explain. But some Nigerians seem persuaded that a direct correlation exists between creation of states and development, and are unwilling to yield to any other paradigm, no matter how sensible.

    The six zones are hopeful that some additional states and local governments will be created at the end of the constitution review. The review process may be laborious and serpentine, as the senate president argued last week in his response to unfounded speculations that some states had already been recommended for creation, or insurmountable, as everything appears to indicate, but Nigerians are hopeful that they will get their wish. No geopolitical zone wants to be left out, regardless of land size and population, while national lawmakers continue to stoke the campaign. But if Sen. Akpabio’s misgivings are anything to go by, he suggests that the proponents of creation of states are chasing a chimera. In the end, other parts of the constitution review may likely get more and faster attention than the exercise of creating more states and local governments.

    Responding to media queries last week, former Works minister and ex-Lagos State Governor Babatunde Fashola told his interviewer it was constitutionally anomalous to talk of local government autonomy. He argued that since state Houses of Assembly still legislate for the LGs, it was contradictory to crave autonomy for them. Though the LG autonomy spoken about by the executive branch and sanctioned by the Supreme Court last year relates to the management of LG finances, and not their administration, it is difficult to draw a line between the two. But taken together, the creation of states campaign and the controversial LG autonomy project indicate that fundamentally, Nigerians exhibit a poor understanding of the dynamics of federalism. Even if more states and LGs are created, it will not solve the existential crisis the country has been immersed in since independence. Most of the states and local governments are unsustainable, and are unable to fund themselves. Unsustainable states exist because national earnings are pooled and distributed, thus enabling entitlement and inefficiency, and powering the needless campaigns to create many more.

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    There will not be any controversy over LG autonomy if the LGs were generating their own funds and spending their own money. There will not be unrelenting campaigns for more states if no centralised arrangement exists to allocate funds for their sustenance. As long as the country’s political structure is misshapen, and states and LGs depend almost wholly on so-called federal allocations, a sense of entitlement will continue to fuel the campaign for creation of states, while creation of additional LGs will be considered an advantage to buoy up state revenue. State executive branch and LGs will also continue to battle for a larger share of the freebies allocated to their states.

    Given the size of the Nigerian economy and its untenable political structure, the country is too balkanised to be run successfully under stifling and unitary arrangement. Not only is the country predisposed to gross inefficiency, it is also hamstrung by superfluous and retrogressive religious considerations as well as needless ethnic rivalry and unproductive competition. The problem of Nigeria is not the availability of resources or the skills needed to turn these endowments into wealth. If it is encumbered by mindless corruption, electoral chicaneries, poor allocation of resources, and all other issues that hobble or even retard progress, it is because the superstructure is hopelessly incapable of sustaining progress and stability. Hoping that additional states and LGs would help re-engineer and drive development is absolutely nonsensical. The constitution review exercise and legislature are barking up the wrong tree, and the entire country is simply putting off the evil day. President Tinubu will not touch the creation of more states and LGs with a long pole in the next two years. It is even doubtful whether after his reelection he would accede to the requests rather than restructure and rationalise a country that is at present so structurally disfigured and alienating that only few are committed to it.

  • ‘Why proposal for 31 new states is not likely  to succeed’

    ‘Why proposal for 31 new states is not likely  to succeed’

    Federal lawmakers should invest their time in more “productive issues” than creation of states, whose hurdles cannot be surmounted, some political leader and lawyers said at the weekend.

    They were assessing the chances of the proposal to create 31 new states before the lawmakers.

    The proposal was announced last week at the House of Representatives as the collation of the requests made by different interests.

    According to them, the hurdles on the way include the tedious constitutional guidelines, the lack of consensus on the number and composition of the proposed states, viability of the proposed states, inter-regional rivalry and lack of political will.

    The last time states were created was in 1996 during the military regime of Gen. Sani Abaca.

    Although the agitations for more states have been on, no civilian government has been able to create one in the last 25 years.

    The last time a civilian government created a state was in 1963 when the defunct Midwest Region was created by the Tafawa Balewa government.

    That action raised the number of regions from three to four.

    Currently, there are proposals for the creation of 31 states before the National Assembly. Abuja, the Federal Capital Territory (FCT) is also proposed to be a state.

    Lagos lawyer, Monday Ubani, said there is no justification for the creation of new states in a situation where many of the existing ones are not viable.

    Ubani, a former Second Vice President of the Nigerian Bar Association (NBA), said: “Apart from the Southeast that requires one more state to balance the federation, any other agitation for state creation is selfish because it runs counter to current developments in the country.

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    “The motive behind the current agitation for more states is not a good one. Except for the Southeast, which ought to be given one more state, to keep it at par with the other regions, Nigeria doesn’t require new states. 

    “Fortunately, the other areas where we require constitutional amendments are currently receiving attention from the committees that have been set up to look at constitutional provisions. These include the administration of justice generally, local government autonomy, revenue generation and sharing, creating a proper federal structure to strengthen the states and local governments and fiscal policies such as granting states derivative formulas for all mineral resources in their domain.”

    Former National Chairman of the All Progressives Grand Alliance (APGA), Chief Chekwas Okorie described the idea of creating new states as nonsensical.

    He said: “Nothing can be more nonsensical than that. I find it exceedingly stupid. I understand it is a private member’s bill. Whoever proposed it is so idle he doesn’t know what to do with his time.

    “How can anybody in his right senses be proposing so many additional states, in a situation where many of the existing states cannot pay the new minimum wage? And you now want to create new bureaucratic centres. “Can you imagine where you have 31 states added, with all the paraphernalia that is needed in a state, including state lawmakers, federal lawmakers, and governors that are needed to run it? 

    “I guess what the House did was to follow due process and give it a fair hearing. But that should be the end of that stupidity; it should not be presented for Second Reading. I was so incensed when I heard about the proposal. It makes me so angry; of all the legislative work that can be done to improve our situation, this is the only thing that appeals to the lawmaker who proposed it?”

    Former Deputy National Chairman of the People’s Democratic (PDP), Chief Bode George, said the proposal was needless.

    He urged stakeholders to revisit the report of the 2014 National Conference.

    George added: “For me, we should look at the whole constitution. We should revisit the report of 2014.  It took care of equality concerns in the geopolitical zone, but not this jamboree they are brandishing.

    “More important than state creation, is the devolution of power to the sub-nationals. Let there be devolution of power to the states.  The idea of concentrating governance in one office is not good for us as a nation. Each state should be empowered to deliver in her space.  This is what obtains where we copied our democracy from.”

  • Fed, States, LGs share N1.354tr in June 2024

    Fed, States, LGs share N1.354tr in June 2024

    The Federation Account Allocation Committee (FAAC) has shared N1.354 trillion to the three tiers of government and other beneficiaries. 

    This amount, derived from June 2024 revenues, was distributed among the Federal Government, State Governments and Local Government Councils.

    The July FAAC meeting took place in the auditorium of the Federal Ministry of Finance in Abuja and was chaired by Minister of Finance and Coordinating Minister of the Economy, Wale Edun

    A breakdown of the N1.354 trillion distributable revenue comprised: distributable statutory revenue of N142.514 billion; distributable Value Added Tax (VAT) revenue of N523.973 billion; Electronic Money Transfer Levy (EMTL) revenue of N15.692 billion; Exchange Rate Difference revenue, N472.192 billion and augmentation of N200 billion

    In June 2024, total revenue available was N2.483 trillion. Deductions included N92.112 billion for the cost of collection and N1.037 trillion for transfers, interventions, and refunds. 

    Gross statutory revenue for June 2024 was N1.432 trillion, up from N1.223 trillion in May 2024. Similarly, VAT revenue increased from N497.665 billion in May 2024 to N562.685 billion in June 2024.

    Allocation details show from the total distributable revenue of N1.354 trillion the federal government received N459.776 billion; state governments pocketed N461.979 billion while Local Government Councils will be credited with N337.019 billion

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    Additionally, N95.598 billion (13 percent of mineral revenue) was shared among the benefiting states as derivation revenue.

    With regards to specific revenue components under the distributable statutory revenue of N142.514 billion, the federal government was allocated N48.952 billion; state governments N24.829 billion; local government councils N19.142 billion and beneficiaries of 13 percent got derivation revenue of N49.591 billion

    Under distributable Value Added Tax (VAT) revenue of N523.973 billion), the federal government received N78.596 billion, state governments N261.987 billion and local government councils N183.391 billion.

    From the Electronic Money Transfer Levy (EMTL) revenue of N15.692 billion), the federal government went away with N2.354 billion, state governments received N7.846 billion and local government councils went home with N5.492 billion

    Allocations from the Exchange Rate Difference revenue of N472.192 billion saw the federal government receiving N224.514 billion; state governments N113.877 billion; local government councils N87.794 billion and beneficiaries of the 13 percent derivation revenue shared N46.007 billion

    At the meeting, it was agreed that N200 billion should be sourced from old savings for augmentation. From this amount, the federal government received N105.360 billion, state governments N53.440 billion and local government councils N41.200 billion

    The communiqué noted significant increases in Companies Income Tax Oil (CIT) and VAT, with marginal rises in Import and Excise Duties and EMTL. However, decreases were noted in Royalty Crude, Petroleum Profit Tax (PPT), Rentals, and CET Levies. The balance in the Excess Crude Account (ECA) stood at $473,754.57.

  • States banning alcohol shouldn’t get VAT on beer —Ex-minister

    States banning alcohol shouldn’t get VAT on beer —Ex-minister

    A former Minister of Health, Prof. Isaac Adewole, has said that the funds received by states from the federation account should be commensurate with their contributions to the national purse.

    Speaking as a guest on Inside Sources, a programme on Channels Television yesterday, the former Vice Chancellor of the University of Ibadan advocated true fiscal federalism in which local government areas would be allowed to function as an independent tier of government.

    He believes that while it might be too late in the day to return to regional governments, states should be allowed to grow on their own and on the basis of the resources available to them.

    States that prohibit the sale of alcoholic drinks, he said, should not share from the Value Added Tax (VAT) on beer through the federation account.

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    He said: “We need to look at how we share the resources of this country. If you have a law that prevents you from selling alcohol, that law should also prevent you from sharing money from alcohol.

    “We should be honest with ourselves. States that prohibit the sale of alcohol should not share out of VAT from alcohol.

    “We should also ask each state what they are bringing to the table.

    “A situation where states only share money from oil is absurd, and that is why we are where we are today, because the other states are not bringing anything to the table.

    “What is happening to our gold, bitumen, lithium? The resources from all of these, where are they? The only thing we know is oil money.”

  • Counter-sue FG for devolution of power, activist urges states

    Counter-sue FG for devolution of power, activist urges states

    A Nigerian social activist based in the United States of America, Dr. Marindoti Oludare, has tasked the 36 state governments of the federation to counter-sue the federal government for devolution of power to constituent states of the federation.

    He applauded the suit filed against the states by the federal government, describing it as a pathway for the much desired restructuring of the Nigerian nation.

    Oludare, who is Convener of Social Rehabilitation Group, a nationwide movement for ethical reconstruction and good governance,made the call at the weekend, during an interview aired on Television Continental (TVC).

    He noted that beyond its focus on local government autonomy, the suit would also afford the 36 states, who are defendants, the opportunity to ask for ingredients of true federalism such as state police, devolution of powers, and resource control.

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     Oludare said: “I know it will definitely end in negotiation, and I think the governors should also use this as an opportunity to ask from the federal government for autonomy and independence”.

     “The former governor of my state, (the late Rotimi) Akeredolu was so vocal when it comes to the area of security, and of resource control.”

     He commended the strategic moves being made by the administration of President Bola Ahmed Tinubu  to restructure the country through the instrumentalities of the law and social justice. Oludare,  who is also the Director of Contacts and Engagements for Lucky Aiyedatiwa Campaign Organisation Foot Soldiers Independent Council (LACO-FSIC), had earlier remarked that Ondo, his home state, was poised for rapid development with the level of ongoing interaction between Governor Aiyedatiwa and prospective foreign investors.

  • CITN: states harmonising multiple taxes

    CITN: states harmonising multiple taxes

    The Chartered Institute of Taxation of Nigeria (CITN) President, Samuel Agbeluyi, has said many states are harmonising their multiple taxes ahead of the Presidential Committee on Fiscal Policy and Tax Reforms full year report release.

    Speaking in Lagos at the pre-conference chat for the 26th Annual Tax Conference to be held in Abuja between May 13 and 17, this year, he said some states would move from having 65 taxes to 10.

    The move, he said, would promote tax sanity and boost development. “Once there’s tax sanity within the tax space, the economy will be vibrant,” he said.

    He said the theme of the conference is “Sustainable tax culture and economic roadmap for nation building.”

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    Agbeluyi stated that with harmonisation of taxes which the committee where he is also a member has proposed, the tax space can be sanitised.

    He also said that both state and local government chairmen to order non-state actors, “There is no civilised environment in the world where you block roads. In those states where they still block the roads and where you put non-state actors to collect tax, we need to put a stop to this. Taxpayers are kings and they must be respected and when they are treated as kings, of course they will comply.

    “That is why we are proud of the customer-centric approach of the new Federal Inland Revenue Service (FIRS) and this is what is done everywhere in the world.”

    Agbeluyi, at the pre-conference chat, urged that Local Government chairmen who still block roads or use non-state actors to forcefully collect taxes from taxpayers be called to order.

    “The local government chairmen must be called to order. There is no civilised government where you block roads to collect taxes or use non-state actors to collect taxes,” he said.

    He said that the sub-national governments should give autonomy to the state Inland Revenue Service to improve on their efficiency and effectiveness in tax collection.

    He said a state internal revenue service should be independent of the state ministry of finance and states which have followed this part have succeeded.

  • FG, States, LGAs share N1.127tr for December 2023

    FG, States, LGAs share N1.127tr for December 2023

    In a remarkable start to the new year, Nigeria’s federation account recorded a staggering revenue of N1.674 trillion in December 2023.

    This impressive figure not only reflects the nation’s economic stability but also presents an opportunity for growth and development across all sectors.

    Out of the total revenue generated, N1.127 trillion was shared among the three tiers of government and other entities benefiting from the federation account.

    This means that Nigeria’s fiscal year began with a surplus of over N500 billion, showcasing the nation’s commitment to financial prudence and saving for the future.

    According to the communiqué from the Federation Account Allocation Committee (FAAC) released in Abuja breaking down the revenue for December 2023, it was reported that significant increases were observed in Companies Income Tax (CIT), Excise Duty, Petroleum Profit Tax (PPT), Value Added Tax (VAT), and Electronic Money Transfer Levy (EMTL).

    However, there was a substantial decrease in Oil and Gas Royalties, and Import Duty and CET Levies experienced a slight decline.

    Despite the remarkable revenue gains, the balance in the Excess Crude Account (ECA) remained stagnant at $473,754.57. While this may seem like a missed opportunity to bolster Nigeria’s emergency funds, the surplus in the federation account serves as a cushion for any unforeseen economic challenges that may arise in the near future.

    A closer look at the activities surrounding the Federation Account reveals that N875.382 billion was received as gross statutory revenue for December 2023, which was slightly lower than the N882.560 billion received in November 2023. Although there was a marginal decrease, the revenue figures for December remained robust and indicative of Nigeria’s steady economic growth.

    In terms of Value Added Tax (VAT), December 2023 saw a significant increase compared to the previous month. The gross revenue available from VAT stood at N492.506 billion, a remarkable N132.051 billion increase from November 2023. This surge in VAT revenue can be attributed to the improvement in economic activities and increased consumer spending during the festive season.

    Further analysis of the revenue distribution revealed that the Federal Government received a total of N383.872 billion from the total distributable revenue of N1.127.408 trillion. Additionally, state governments received N396.693 billion, while local government councils received N288.928 billion. A sum of N57.915 billion, representing 13 percent of mineral revenue, was also shared among the benefiting states as derivation revenue.

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    Regarding distributable statutory revenue, the Federal Government received N173.729 billion, state governments received N88.118 billion, and local government councils received N67.935 billion from the N363.188 billion generated. Furthermore, N33.406 billion, representing 13 percent of mineral revenue, was shared as derivation revenue among the states that benefit from it.

    From the distributable Value Added Tax (VAT) revenue of N458.622 billion, the Federal Government received N68.793 billion, state governments received N229.311 billion, and local government councils received N160.518 billion.

    The Electronic Money Transfer Levy (EMTL) of N17.855 billion was allocated as follows: the Federal Government received N2.678 billion, state governments received N8.928 billion, and local government councils received N6.249 billion.

    However, the stagnant Excess Crude Account raises concerns about the need for strategic investment of surplus funds into critical sectors. Additionally, the slight decline in statutory revenue and continued dependence on oil and gas require further attention.

    The federation account recorded an outstanding revenue of N1.674 trillion in December 2023, setting the stage for economic progress and financial stability.

    With over N500 billion saved for the new year, the nation can confidently embark on ambitious development projects and undertake necessary infrastructure investments.

    The increase in various tax revenue sources signifies a thriving economy, and strategic allocation of funds to the three tiers of government ensures that the benefits of this revenue are spread across the nation, allowing for inclusive growth and prosperity.

  • Federal, states, councils must join forces on development, Tinubu tells governors

    Federal, states, councils must join forces on development, Tinubu tells governors

    Joint responsibility and closer collaboration between the federal and sub-national governments will foster rapid infrastructural development across the land, President Bola Ahmed Tinubu, told members of the Nigerian Governors’ Forum (NGF) yesterday.

    The President told governors from the 36 states to do away with the federal, state, or rural road classifications, but join forces on development.

    Tinubu spoke when he hosted members of the NGF at his Ikoyi, Lagos residence. The Forum was led by its chair, Kwara State Governor AbdulRazaq AbdulRahman.

    He seized the opportunity of the visit to update the governor on the step he had taken on the N27.5 trillion 2024 Appropriation Bill.

    The President told the governors that he had a review meeting earlier in the day with the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and the Minister of Budget and Economic Planning, Sen. Atiku Bagudu.

    The review, he said, centred on certain elements in the Appropriation Bill.

    Presidential spokesman Ajuri Ngelale, who dropped the hint in a statement, gave no details on the tripartite meeting on the budget.

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    The said the president emphasized the need for joint responsibility and closer collaboration between the federal and sub-national governments to foster rapid infrastructural development in every part of the nation.

    It reads: “I want us to discard federal, state, or rural road classifications. We must regard development as a joint responsibility. Let us prioritize our children. The school feeding programme must return quickly… beginning from the local government to the state and federal governments.

    “We must be ready to protect our children and prepare them for the future.”

    Abdulrahman reaffirmed state governments’ support for the bold decisions and reforms initiated by the Tinubu-led administration.

    “These are challenging times. It is not a walk in the park. Removing fuel subsidies had a great structural effect on the economy of the states. But we are confident that we will overcome these challenges and bounce back better,” the Kwara helmsman said.

  • Lagos, Ogun, five others named most viable states

    Lagos, Ogun, five others named most viable states

    A report released by Economic Confidential, an Intelligence Magazine, has named  Lagos, Ogun, Rivers, Kaduna, Kwara, Oyo and Edo States as most viable states in the country for 2022.

    The organisation in its seventh Annual States Viability Index ( ASVI) disclosed that six states to include; Bayelsa, Kebbi, Katsina, Akwa-Ibom, Taraba and Yobe States are insolvent as their Internally Generated Revenues (IGR) in 2022 were below 10 percent of their receipts from the Federation Account Allocations (FAA) in the same year.

    The Managing Editor, Economic Confidential, Abdulrahman Abdulraheem, who disclosed this on Monday in Abuja said, the IGR of the 36 states of the federation totalled N1.8 trillion in 2022 was above that of 2021 which was N1.76tr.

    Abdulraheem stated that the report was compiled from figures released by the Nigerian Bureau of Statistics, and the Federal Account Allocation Committee.

    He said Lagos remained steadfast in its number one position in IGR among the states with a total revenue generation of N651bn compared to FAA of N370bn which translated to 176 percent in the twelve months of 2022.

    According to him, the IGR of Lagos State of N651bn is higher than that of 30 other States put together whose Internally Generated Revenues are extremely low, and poor compared to their allocations from the Federation Account.

    However, he said Ogun State which generated IGR of N120bn compared to its FAA of N113bn representing 106%, followed by Rivers with generated N172bn IGR compared to FAA of N363bn representing 48%; Kaduna State with N58bn compared to FAA of N155bn representing 37%; Kwara with IGR of N35bn compared to FAA of N99bn representing 36% and Oyo generated N62bn compared to FAA of N181bn representing 34% and Edo generated N47bn IGR compared to N147bn FAA representing 32%.

    “The total internally generated revenues of N1.15tr from the seven most viable states in 2022 was almost twice the total IGR of 29 remaining states put together that merely generated about N650bn.

    “ Others with impressive IGR include Anambra with IGR of N33bn compared to FAA of N127bn representing 27%; Enugu with IGR of N28bn compared to FAA of N111bn representing 26%; Ondo with IGR of N32bn compared to FAA of N135bn representing 24% while Nasarawa State earned N19bn IGR against FAA of N92bn representing 21%.

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     He further said Delta State generated N85bn IGR against its receipt of N428bn from FAA representing 20%. And Osun with IGR of 24bn compared to its FAA of N122bn representing 20%.

     “The six states with impressive IGR generated N225bn in total, while the remaining 23 states generated a total of N426bn in 2022. The report provides an amazing discovery. While some states have improved their IGR compared to previous years, others performed poorly. In 2022, six states generated less than 10% IGR compared to two states in 2021”.

    Abdulraheem added that Adamawa narrowly escaped as it generated N13.1bn compared to FAA of N116 represting 11.29% in 2022 which was less than 2% over its 13% last year.

    He said the six states that may not survive without the Federation Account due to their extremely poor internal revenue generation of less than 10% compared to their federal allocations are Bayelsa, Katsina and Akwa Ibom.

    Others, he said areOthers are Taraba, Yobe and Kebbi states.

    “The Economic Confidential ASVI further showed that only three states in the entire Northern region have IGR above 20% in comparison to their respective allocations from the Federation Account.

    “They are Kaduna, Kwara and Nasarawa States in that order. Meanwhile, eight states in the South recorded over 20% IGR in 2022”.