The internally generated revenue (IGR) of Lagos state in 2022 was bigger than that of the entire North East, North Central, North West and South East zones combined. This could be seen from the recent IGR report released by the National Bureau of Statistics (NBS).

The IGR for Lagos alone was N651.1b while that of the four zones above was N639.3b. In a report that covered the 36 states and FCT, Lagos came tops with Rivers coming a distant second with N172.8b while FCT came third with N124.4b in revenue generation for the period.

Kebbi state despite the “rice revolution” from the CBN anchor borrowers scheme came last with N9.1b in revenue generation. Unfortunately, most of the states such as Nasarawa and Zamfara with some of the highest deposits of natural resources like gold could only generate N19.3b and N19.4 b respectively.
This should give all great concern about the capacity of our leaders to turnaround the fortunes of their states. The usual practice of each state running to Abuja every month to collect share from the Federation Account has not helped matters.