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MAY 2021 OFFICIAL MAGAZINE OF NIGERIAN STATES IGR AWARDS
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NEW INITIATIVES AT REVENUE MAGAZINE Industry Leadership Award Public Sector Excellence Award EMEA Banking Awards
IGR RANKING How Nigerian States Performed in 2020
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IGR RANKING How Nigerian States Performed in 2020
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REVENUE is the official magazine of the annual Nigerian States IGR Awards, a strategic leadership event designed to spur greater competition among Nigerian states, in the process, helping them to substantially increase their internally generated revenue (IGR).
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MY OWN TAKE
COMPETITION: The New Anambra Airport Promises to Challenge Asaba International Airport for Traffic
n a normal day, a concessionaires are Arbico sizeable number of Construction Company who will Othe air passengers develop the Asaba Airport from Lagos and Abuja to Asaba, Business Park, Hotel and Delta State, are in transit to their Convention Centre; Rainoil final destinations in nearby Limited who will develop a tank Anambra State: Onitsha, Nnewi, farm and aviation fuel supply for Awka, etc. With the opening of the airport; and Quorum the new Anambra International Aviation Limited who will Passenger and Cargo Airport, develop and manage the private Asaba International Airport is jet and helicopter terminal. bound to witness some stiff At the official opening of competition. Anambra's new airport on April Asaba Airport is 22 11, 2021, the joy of the state kilometres to Onitsha, 62 Frederick Apeji, Chairman/CEO governor, Willie Obiano, was kilometres to Awka and 51 overflowing. “This is the most kilometres to Nnewi. On the audacious project in my eight other hand, the new Anambra Airport, located in years as governor. It is the most ambitious project ever Umueri (Umuleri), is 42 kilometres to Onitsha, 32 executed by the government of Anambra State since it kilometres to Awka and 52 kilometres to Nnewi. was created in 1991, and I dare say, the old Anambra Established by the Government of Delta State, State, since it was created in 1976. We did not borrow a Asaba International Airport began operations in kobo to construct the airport. We began this project in 2008. It was however downgraded in 2015 by the January 2020, when Covid-19 was adversely affecting Nigerian Civil Aviation Authority (NCAA) due to its the economy of every state, nation, and the world; and dilapidated infrastructure and poor maintenance. On by God's grace we are here today to witness this February 23, 2021, Delta State Government historic event.” announced that it had signed off the struggling LAST LINE: Competition brings out the best in airport to a master concessionaire, FIDC-Menzies us, and the ensuring competition will be good for both Consortium, for next 30 years. airports and the economy of their respective states. The deal is expected to earn about N100 million Beyond aviation, we encourage the 36 states and FCT in concession fee each year for the state. As part of to embrace this spirit of healthy competition, bringing the deal, Air Peace will be the anchor airline and out their individual inherent best.R MRO operator; while Multifreight Cargo and Logistics will manage the cargo aspect. Other sub-
05 Talk to a specialist about your event, today. Alford Conferences Limited is t h e g l o b a l t e c h n o l o g y a specialist event company community. We also create that designs and organizes c u s t o m i z e d e ve n t s f o r t r a d e f a i r s , b u s i n e s s discerning clients throughout conferences, training, and Sub-Saharan Africa. And we award programs. One of our o f f e r e v e n t p u b l i c i t y, flagship events is the annual sponsorship marketing, host World Digital Exhibition city marketing, and other event (Worldex), a technology trade support services to clients in fair that links up Sub-Saharan Nigeria and abroad. Contact us Africa (SSA) with the rest of today about your event. WE WILL HELP YOU
STEM NIGERIA SUMMIT
Alford Conferences Limited WhatsApp/SMS/Call: +234 803 063 5853, +234 915 213 2280 www.alfordevents.com [email protected] Alford Events @AlfordEvents PHOTORAMA
The Executive Chairman of Kogi State Internal Revenue Service, Mallam Yusufu Abubakar, is seated 2nd from the left. To his right is the Executive Chairman of Kaduna State Internal Revenue Service (KADIRS), Dr. Zaid Abubakar. On April 13, 2021, the Executive Chairman of Kaduna State Internal Revenue Service (KADIRS), Dr. Zaid Abubakar, and his management team, received the Management of Kogi State Internal Revenue Service, led by its Executive Chairman, Mallam Yusufu Abubakar, in his office. The Kogi IRS Team came on “A peer review of the pragmatic ideas and revenue collection mechanisms of KADIRS.” Kaduna has edit: @kadirsgovng overtaken Kano, and is now, by far, the biggest state in Cr internally generated revenue (IGR) among the 19 Northern states (outside FCT).
07 www.thenigeriansabroad.com Alhaji Abubakar Atiku Bagudu Executive Governor of Kebbi State
Hajiya Lubabatu Isah Mayana, Executive Chairperson, Zamfara State Internal Revenue Service (ZIRS) Direct Assessment Tax: Zamfara was the Leader among the 36 States and FCT in 2020
ometime last year, REVENUE magazine asked the assumed to be a very huge bottom of the pyramid, but executive chairman of the internal revenue service nobody knows exactly its size. Reliable and current S(IRS) of one of the states what his major headache records are almost non-existent. The sector itself was in his capacity as the chief tax collector of his state. comprises self-employed people, as well as micro and His response was straightforward: “My biggest headache small businesses. is the non-compliance from tax payers, especially in the The self-employed are usually captured as market self-assessment category.” women and men, operators of street corner grocery As far as personal income tax is concerned, Pay-As- kiosks and stands, tailors, bricklayers, painters, cooks, You-Earn (PAYE) is relatively easy to collect. It is mechanics, shoe repairers, and those who are involved in deducted directly from the earning of workers in the hundreds of other trades. The micro and small business formal sector-the three tiers of government, the segment of the informal sector operate in hundreds and organized private sector, and other well-established thousands of various business lines. While some of them businesses and organizations-and remitted to the IRS of have formalized their operations, the vast majority of the state where all such workers live. On the other hand, them are usually not registered with the Nigerian direct assessment (or self-assessment) tax, paid mainly by company registry, Corporate Affairs Commission the informal sector, is where the real work is. (CAC). In the Nigerian economy, the informal sector is Though this informal sector poses a huge challenge
09 Cover Story Top 10 in Direct Assessment Tax 2019 for the IRS of Nigerian states, some states are making N o. State D irectA ssessm en t headway in tackling it. In the past two years, Zamfara 1. Lagos N 16.02 billion State has stood out in this area. 2. River s N 7.64 billion In terms of direct assessment tax as a percentage 3. O yo N 45. 4 billion total tax, Zamfara was the leader among the 36 states and 4. FCT N 3.16 billion FCT in 2020, with 15.21% of its total tax coming from 5. O gun N 27. 6 billion direct assessment. In absolute figures, the state was even 6. Zam far a N 1.67 billion more impressive in 2020. With N2.20 billion in direct 7. Im o N 12. 6 billion assessment tax, it came third in the country, behind only 8. K wara N 1.09 billion Lagos (N17.07 billion) and FCT (N3.17 billion). The 9. Edo N 1.05 billion tables below tell the success story of Zamfara State, in 10. O sun N 897.21 m illio n this area, in figures. Our Excellence in Direct Direct Assess. as a % of Total Tax 2019 Assessment Tax Award for the 1st position therefore N o. State DirectA ss. % goes to Zamfara. Kwara State comes 2nd with 10.98% of 1. Oyo N4.54 billion 21.60% its total tax coming from direct assessment. Borno State 2. Zam far a N 1.67 billio n 13.12% is No. 3, with 10.15%. Joining Zamfara, Kwara, Borno 3. Kebb i N742.64 millio n 11.84% for this award are Osun, Ekiti, Ogun, Jigawa, Ebonyi, 4. Osun N897.21 millio n 9.79% Benue, Kebbi, Lagos and Edo states (in that order). 5. Borno N540.03 millio n 9.21% Kebbi which was the 7th fastest growing state in 6. Imo N1.26 billion 8.25% internally generated revenue (IGR) in Nigeria in 2019, 7. Kwara N1.09 billion 8.25% has today climbed to the first position in the country, 8. Jigawa N772.22 millio n 7.39% growing its IGR by 87.02% from N7.37 billion last year 9. Ogun N2.76 billion 6.63% to N13.78 billion in 2020. Ebonyi, the 2nd fastest growing 10. Rivers N7.64 billion 5.70% state, and Oyo, the 3rd fastest growing, are featuring for Top 10 in Direct Assessment Tax 2020 the first time in the two-year old award winners' list of N o . State D irectA ssesms en t rd the annual Nigerian States IGR Awards. From its 23 1. Lagos N 17.07 billio n position in IGR growth in 2019, Ebonyi took a giant 2. FCT N 3.17 billio n leaped to the 2nd position in 2020, increasing its IGR by 3. Zam far a N 2.20 billio n 82.20% from N7.46 billion to N13.59 billion. Oyo State 4. O gun N 2.05 billio n grew in IGR by 42.23% from N26.75 billion to N38.04 5. Borno N 1.04 billio n billion, the fastest such growth rate among the states of 6. K wara N 1.02 billio n the South West. Joining Kebbi, Ebonyi and Oyo to 7. Edo N 999.64 m illio n receive the Excellence in IGR Award for the year are 8. River s N 979.13 m illio n Borno, Katsina, Gombe, Taraba, FCT, Zamfara, Plateau, 9. O sun N 790.32 m illio n Nasarawa and Kaduna, in that order. 10. O yo N 781.42 m illio n In the category of the most independent states in Direct Assess. as a % of Total Tax 2020 revenue in the country, Lagos cemented its No. 1 N o . State D irecAt ss. % position, generating 78.33% of all its revenue internally 1. Z am far a N 2.20 billi on15.21% in 2020. FCT, which now operates a revenue agency 2. K w ar a N 1.02 billio n10.98% independent of the Federal Inland Revenue Service 3. B orno N 1.04 billio n10.15% since 2018, came 2nd with 57.85%. Ogun, though with a 4. O sun N 790.32 m illi on 6.91% lower IGR in each of the past two consecutive years, 5. E kit i N 421.50 m illio n 6.56% however remains the 3rd most independent in the year 6. O gun N 2.05 billio n 6.50% under review. Joining Lagos, FCT and Ogun to receive 7. Jigaw a N 385.07 m illio n 6.23% the Achievement in IGR Award are Rivers, Kaduna, 8. E bony i N 521.90 m illio n 5.47% Oyo, Osun, Anambra, Plateau, Ondo, Cross River and 9. B enu e N 439.82 m illio n 5.38% 10 . K ebb i N 613.70 m illio n 5.09%
10 Cover Story
Directors and other top officials of ZIRS, when REVENUE magazine visited the agency in September 2020 from 2011 till date, Lagos was by far combined. This is our criterion for the biggest state in IGR, netting this award nomination in 2021. In the past two years, N418.99 billion in 2020. The IGR of The Nigerian States IGR Awards Lagos State in 2020 is bigger than that is an annual event designed to Zamfara State has of the next six biggest states encourage and foster a healthy combined: Rivers, FCT, Delta, competition among the FCT and the stood out in this Kaduna, Ogun and Oyo. The figure 36 states of Nigeria in order to for Lagos is about thrice what the rest substantially increase their IGR. The area of direct of the South West zone generated in inaugural award was presented in two assessment tax. 2020. The performance of Lagos is categories (Excellence in IGR Award remarkable considering the huge and Leadership in IGR Award) economic disruptions witnessed in during a nationwide roadshow on the state last year on account of both IGR held in 18 states from Enugu, in that order. the global Coronavirus pandemic and September 10-December 4, 2020. Among the biggest states in IGR the widespread EndSARS riots. The second edition of this award in 2020, Lagos maintained its long- Joining Lagos, Rivers and FCT to (now expanded into five categories) is held position as the dominant leader, receive the Leadership in IGR expected to be presented during the increasing its IGR by N20 billion. rd nd Award are Delta, Kaduna, Ogun, 3 quarter of 2021 to 28 states across Rivers (traditionally the 2 biggest Oyo, Kano, Akwa Ibom, Anambra, all the six zones of the country: Akwa state in IGR in the country), shrank Edo and Ondo states, in that order. Ibom, Anambra, Benue, Borno, by N23 billion. Rivers State however nd The Person of the Year Award Cross River, Delta, Ebonyi, Edo, retains its 2 position, with N117.19 goes to the Executive Chairman of Ekiti, Enugu, FCT, Gombe, Jigawa, billion. FCT which has grown very Kaduna State (KADIRS). Among the Kaduna, Kano, Katsina, Kebbi, rapidly in the past two years has today rd top 10 consistently biggest states in Kwara and Lagos. The remaining climbed to the 3 position, with IGR for the past 10 years (2011- states are: Nasarawa, Ogun, Ondo, N92.06 billion in the year under 2020), Kaduna was the fastest Osun, Oyo, Plateau, Rivers, Taraba review. As it has done consistently growing state in the past two years and Zamfara. R
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GURRENDI WEBITES WhatsApp/SMS/Call +234 803 063 5853, +234 915 213 2280 www.gurrendiwebsites.com [email protected] Alford Events @AlfordEvents Zenith Bank is the winner of the EMEA Banking Award (Nigeria) 2021. The three other winners for 2021 will emerge from Benin Republic, Togo and Ghana. Every year, we shall keep adding to this number, until we cover all the target countries in the region. REVEUE Magazine Rolls out Three New Event Products to Mark Its 1st Anniversary his edition of REVENUE is 40 pages, share in 12 designated industries and sectors of the compared to the very humble maiden edition Nigeria economy. Our inaugural Industry Tin July 2020 that was an eight-pager. Leadership Award, covering the telephone network Ultimately, we plan for an average of 64 pages per operations sector, goes to MTN Nigeria, the biggest edition. So far, we have nine editions under our belt. mobile network operator in Nigeria and the biggest in Go to www.alfordevents.com/Publications to Sub-Saharan Africa (SSA). The success story of MTN download the free e-copy. Group in Nigeria continues to clearly demonstrate the We created REVENUE to serve as the official awesome possibility in the country's economy. voice of the annual Nigerian States IGR Awards. Our Starting from August 2021, we shall start a goal is for it to grow, slowly and steadily, into a widely quarterly award program to honour a deserving person recognized and warmly accepted media vehicle that among the CEOs of the major industry regulators in encourages a rapid and sustainable growth in the Nigeria. Our inaugural Public Sector Excellence internally generated revenue (IGR) of the 36 states Award goes to Arc. Ahmed Musa Dangiwa who has and FCT. We believe that what majority of Nigerian breathed new life into mortgage finance, from 2017 states are collecting in IGR today can grow than ten- when he took over as the Managing Director/CEO of fold, over the next 5-10 years, if the states themselves Federal Mortgage Bank of Nigeria (FMBN), till date. deliberately rethink the whole concept and structure EMEA stands for Europe, Middle East and Africa, of taxation in their respective domains. Lagos, though and the EMEA Banking Awards will celebrate the the undisputable giant in IGR among the states (with most profitable banks in this region annually. We are N418 billion in 2020), says that it loses about N600 starting with four countries in 2021: Nigeria, Benin billion in IGR annually through tax evasion. Republic, Togo and Ghana. Zenith Bank was the most REVENUE, in conjunction with its parent event, the profitable bank in Nigeria for the year ended annual Nigerian States IGR Awards, seeks to be a big December 31, 2020, and is therefore the winner of the catalyst to translate this huge and largely under-tapped EMEA Banking Award (Nigeria) 2021. revenue potential of Nigerian states into reality. This annual event is a subtle encouragement for To mark our first year of publishing, and, more many of the best banks in this region to engage more importantly, to complement the annual Nigerian actively with Nigeria-a big, juicy, yet very problematic States IGR Awards, we are rolling out three new event market. Nigeria is already the most populous in products to be promoted by REVENUE magazine: EMEA, and the UN projects that, by 2050, it will Industry Leadership Award, Public Sector Excellence overtake all the countries of the world in population, Award, and EMEA Banking Awards. except India and China. We believe that when Nigeria In July 2021, we shall roll out a monthly award gets its acts together economically, the rest of Sub- program to honour the leading company in market Saharan Africa (SSA) will more easily follow suit. R
13 EXHIBITIONS
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Mrs. Aishah Ahmad DEPUTY GOVERNOR, CENTRAL BANK OF NIGERIA
ishah Ahmad (Nee included stints at the Bank of New N d a n u s a ) i s a n York Mellon, and Synesix Financial Aaccountant, financial Limited, both in the United analyst and financial manager. She Kingdom. was born in Sokoto on October Prior to her appointment at the 26, 1976. Her mom is Yoruba CBN, Aishah was the Executive while her dad is Nupe from Bida, Director, Retail Banking at Niger State. Aisha finished her Diamond Bank Plc. Upon her secondary education in 1992 at confirmation by the Nigerian Federal Government Girls Senate, she resumed work on College, Bida. March 23, 2018 as a Deputy Her passion for finance led her to attain several Governor of the Central Bank of Nigeria (CBN). academic and professional qualifications over the She replaced Mrs. Sarah Alade, who had retired as a years. She graduated in Accountancy from Deputy Governor from the apex bank in March University of Abuja in 1997, and she received her 2017. Masters' in Business Administration (MBA) from Aishah Ahmad came to the CBN job with over University of Lagos. She also holds a Masters' of 22 years of banking experience in several local and Science degree in Finance & Management from foreign banks. As the Deputy Governor in charge of Cranfield School of Management, United Financial System Stability, she is responsible for Kingdom. She is a member of the Chartered leading the effort to promote a sound financial Financial Analyst (CFA) Association, and a system in Nigeria; one of the principal objectives of member of the Chartered Alternative Investment the central bank. In this role, Aishah is a member of Analyst (CAIA) Association. the Governing Board and Committee of Governors She started work as a Group Accountant at at the CBN; and Chairman, Financial Institutions Manstructs Group Nigeria Limited. She then Training Centre (FITC), a not for profit worked at Z.O. Ososanya & Company. She organization offering training, consulting and transferred to First Interstate Bank Plc as research services for the financial services sector. Executive Assistant, Treasury Group. She later Mrs. Ahmad is a strong advocate of female and moved on as Head of Retail Banking at Zenith youth empowerment. She was a former Bank Plc, and as Head of Private Banking at NAL Chairperson, Executive Council of Women in Bank Plc (now Sterling Bank Plc). She was also Management, Business & Public Service, WIMBIZ, Head of Business Development at Zenith Capital a leading women-focused NGO in Sub-Saharan Limited. Other assignments in the past have Africa. She is married and blessed with two sons.R
15 SPONSORED CONTENT
Mr. Frederick Apeji, Chairman/CEO of Alford Conferences Limited, flanked by the CEOs of the co-sponsors of the media briefing. Left: Amb. Moses Obisesan, Stratech Properties Limited. Right: Mr. Ugo Mpamugo, Centurion Information Technology Limited
NIGERIAN STATES IGR IN 2019: Yobe Grew the Fastest; Lagos Remained the Most Independent Among FCT and the 36 states, Yobe grew its River, Enugu, Jigawa, Kaduna, Kano, Kebbi, internally generated revenue (IGR) the fastest Kogi, Kwara, Ondo and Nasarawa and Rivers.” in 2019, increasing it by 92.70%, from N4.38 In 2019, 34 states in Nigeria (excluding billion to N8.44 billion. Not surprisingly, Lagos Lagos, Ogun, and FCT) depended on the State was the most independent in revenue in Federation Account for more than 50% of their the country, generating 77.18% of its funds in entire revenue. In August 2020, the Chairman 2019. of Revenue Mobilization Allocation and Fiscal Mr. Frederick Apeji, Chairman/CEO of Commission (RMAFC), Engr. Elias Mbam, Alford Conferences Limited, said this at a warned that this Federation Account, on which media briefing held on March 18, 2021 in Abuja, majority of the states depend so much, is over FCT, to announce the winners of 1st Nigerian stressed, urging each state of the federation to States IGR Awards. step up its game in IGR. The promoter of the annual IGR awards The Alford Conferences Boss, said that event added, “We commend the internal creating the annual Nigerian States IGR revenue service (IRS) of Yobe, Zamfara and Awards was his company's response to this Osun states for achieving the fastest growth in critical national need, explaining that the award IGR in Nigeria in 2019; just as we equally program is designed to encourage and foster a congratulate the IRS of Lagos, Ogun and FCT healthy competition among the 37 subnational for being the most independent in revenue in units of the country in order to substantially the country in 2019. We also honour and increase their IGR. “Whether as individuals or celebrate the other states that made the cut-off organizations, healthy competition brings out on our winners list for this inaugural program: the best in all of us. This is what this awards Adamawa, Anambra, Benue, Borno, Cross program is all about.” R
ADVERTORIAL 01 SPONSORED CONTENT AWARD WINNERS: MARCH 2021
AWARD TROPHY Mr. Olugbenga Anthony Birnin Kebbi, Kebbi State Abuja, FCT Executive Chairperson Olaleye of the Year in IGR Growth Executive Chairman Alhaji Yusufu Abubakar Mr. ThankGod Adoage 2019/2020 Internal Revenue Service Executive Chairman Norteh Alhaji Ali Usman Ahmad Abeokuta, Ogun State Internal Revenue Service Executive Chairman Executive Chairman Lokoja, Kogi State Internal Revenue Service Board of Internal Revenue Bronze Medal in Port Harcourt, Rivers State Damaturu, Yobe State IGR Leadership 2019/2020 Alhaji Ahmed Yakubu Alhaji Abdullahi Attah Muhammad Mr. Adegbite Ademikanra Executive Chairperson Executive Chairman Executive Chairman Executive Chairman of the Year in IGR Internal Revenue Service Internal Revenue Service Internal Revenue Service Leadership 2019/2020 Abuja, FCT Lafia, Nasarawa State Osogbo, Osun State Mr. Hamzat Ayodele Subair AWARD PLAQUE Mr. Emeka Anthony Odo Mrs. Shade Omoniyi Executive Chairman Excellence in IGR Executive Chairman Executive Chairperson Internal Revenue Service Award 2019/2020 Internal Revenue Service Internal Revenue Service Ikeja, Lagos State Alhaji Ali Usman Ahmad Enugu, Enugu State Ilorin, Kwara State Executive Chairman AWARD MEDAL Board of Internal Revenue Alhaji Ibrahim Ahmed Sani Dr. Zaid Abubabar Gold Medal in Damaturu, Yobe State Executive Chairman Executive Chairman IGR Growth 2019/2020 Internal Revenue Service Internal Revenue Service Alhaji Ali Usman Ahmad Hajiya Lubabatu Isah Dutse, Jigawa State Kaduna, Kaduna State Executive Chairman Mayana Board of Internal Revenue Executive Chairperson Dr. David Nzekwu Mr. Akpanke Ogar Damaturu, Yobe State Board of Internal Revenue Executive Chairman Executive Chairman Gusau, Zamfara State Internal Revenue Service Internal Revenue Service Silver Medal in Awka, Anambra State Calabar, Cross River State IGR Growth 2019/2020 Mr. Adegbite Ademikanra Hajiya Lubabatu Isah Executive Chairman Alhaji Mohammed Alkali Mr. Emeka Anthony Odo Mayana Internal Revenue Service Executive Chairman Executive Chairman Executive Chairperson Osogbo, Osun State Internal Revenue Service Internal Revenue Service Board of Internal Revenue Maiduguri, Borno State Enugu, Enugu State Gusau, Zamfara State Mr. Andrew Ayabam Executive Chairman AWARD PLAQUE Mr. Tolu Adegbie Bronze Medal in Internal Revenue Service Leadership in IGR Executive Chairman IGR Growth 2019/2020 Markurdi, Benue State Award 2019/2020 Internal Revenue Service Mr. Adegbite Ademikanra Mr. Hamzat Ayodele Akure, Ondo State Chairman/CEO Alhaji Hamma Adama Subair Internal Revenue Service Njabbari Executive Chairman Alhaji Abdurrazak Datti Osogbo, Osun State Executive Chairman Internal Revenue Service Salihi Board of Internal Revenue Ikeja, Lagos State Executive Chairman Gold Medal in Yola, Adamawa State Internal Revenue Service IGR Leadership 2019/2020 Mr. Olugbenga Anthony Kano, Kano State Mr. Hamzat Ayodele Dr. Zaid Abubabar Olaleye Subair Executive Chairman Executive Chairman Dr. David Nzekwu Executive Chairman Internal Revenue Service Internal Revenue Service Executive Chairman Internal Revenue Service Kaduna, Kaduna State Abeokuta, Ogun State Internal Revenue Service Ikeja, Lagos State Awka, Anambra State Alhaji Iliyasu Arzika Jega Alhaji Abdullahi Attah Silver Medal in Executive Chairman Executive Chairman IGR Leadership 2019/2020 Board of Internal Revenue Internal Revenue Service
ADVERTORIAL 02 SPONSORED CONTENT 1st Nigerian States IGR Awards. March 18, 2021
Alhaji Ahmed Y. Muhammad (Right) A cross section of directors and top Executive Chairman (EC), Nasarawa State IRS management staff of Nasarawa State IRS
Alhaji Ali Manga Bulama, Immediate Past A cross section of directors and top EC, Borno State Internal Revenue Service management staff of Borno State IRS
Alhaji Ali U. Ahmad (Middle), Immediate Past Alhaji Ali U. Ahmad (Middle), Immediate Past EC, Yobe State Board of Internal Revenue EC, Yobe State Board of Internal Revenue
Hajiya Lubabatu Isah Mayana Hajiya Lubabatu Isah Mayana addresses the EC, Zamfara State Board of Internal Revenue media in her office after the award presentation
ADVERTORIAL 03 SPONSORED CONTENT 1st Nigerian States IGR Awards. March 18, 2021
Mr. Andrew Ayabam (Left) Mr. Igho Orienru (Left), Ass. Dir. Mr. Olugbenga A. Olaleye (Left) Executive Chairman, Benue IRS Personal Income Tax Lagos IRS Executive Chairman, Ogun IRS
Alhaji Iliyasu Arzika Jega (Middle) Hon. Mukadam Asiwaju A. Idris (Middle), Immediate EC, Kebbi State Board of Internal Revenue Past Interim Committee Chair., Kogi State IRS
Dr. David Nzekwu (Middle) Alhaji Abdurrazak Datti Salihi (Middle) Executive Chairman, Anambra State IRS Executive Chairman, Kano State IRS
Dr. Mohammed Lawal (Left), Executive Mrs. Omolara Ojulari (Middle), Director, Director, Revenue Ops., Kaduna State IRS Accounts & Finance, Kwara State IRS
ADVERTORIAL 04
NIGERIAN STATES REVENUE RANKING 2020 PAGE 22: 10 Years Summary of Revenue 2011-2015 PAGE 23: 10 Years Summary of Revenue 2016-2020 PAGE 24: Revenue Ranking 2019 PAGE 25: The 12 Biggest States in IGR 2020 PAGE 26: The 12 Fastest Growing States in IGR 2020 PAGE 27: The 12 Most Independent States in Revenue 2020 PAGE 28: Total Direct Assessment Tax 2020 PAGE 29: The 12 Biggest States in Direct Assessment Tax as a % of Total Tax 2020 PAGE 30: Executive Governors: the 12 Biggest Growing States in IGR PAGE 31: Executive Governors: the 12 Fastest Growing States in IGR PAGE 32: Executive Governors: the 12 Most Independent States in Revenue PAGE 33: Executive Governors: the 12 Biggest States in Direct Assessment Tax as a % of Total Tax PAGE 34: Zonal Ranking in IGR 2020 PAGE 35: Zonal Ranking in FAAC 2020 PAGE 36: Zonal Ranking in Revenue 2020 PAGE 37: Executive Directory 2021 Revenue Ranking
Internally Generated Revenue (IGR) in Nigerian States 10 YEARS SUMMARY: 2011-2015
No. State IGR 2011 IGR 2012 IGR 2013 IGR 2014 IGR 2015 1. Abia N11.76 bn N16.75 bn N12.51 bn N12.37 bn N13.35 bn 2. Adamawa N4.12 bn N4.62 bn N4.15 bn N4.99 bn N4.45 bn 3. Akwa Ibom N11.68 bn N13.52 bn N15.40 bn N15.68 bn N14.79 bn 4. Anambra N6.15 bn N7.60 bn N8.73 bn N10.45 bn N14.79 bn 5. Bauchi N4.46 bn N4.06 bn N4.94 bn N4.85 bn N5.40 bn 6. Bayelsa N3.66 bn N4.96 bn N10.50 bn N10.96 bn N8.71 bn 7. Benue N11.13 bn N8.44 bn N8.37 bn N8.28 bn N7.63 bn 8. Borno N2.28 bn N2.44 bn N2.13 bn N2.76 bn N3.53 bn 9. Cross River N9.16 bn N12.73 bn N12.00 bn N15.74 bn N13.57 bn 10. Delta N34.75 bn N45.57 bn N50.21 bn N42.82 bn N40.81 bn 11. Ebonyi N2.30 bn N8.23 bn N10.43 bn N11.03 bn NA 12. Edo N17.69 bn N18.88 bn N18.90 bn N17.02 bn N19.12 bn 13. Ekiti N2.49 bn N3.79 bn N2.34 bn N3.46 bn N3.30 bn 14. Enugu N7.29 bn N12.21 bn N20.20 bn N19.25 bn N18.08 bn 15. FCT NA NA NA NA NA 16. Gombe N3.15 bn N3.72 bn N3.87 bn N5.20 bn N4.78 bn 17. Imo N5.81 bn N6.81 bn N7.58 bn N8.12 bn N5.47 bn 18. Jigawa N1.48 bn N7.88 bn N9.76 bn N6.27 bn N5.08 bn 19. Kaduna N9.78 bn N11.53 bn N10.93 bn N12.78 bn N11.54 bn 20. Kano N6.62 bn N11.05 bn N17.14 bn N13.66 bn N13.61 bn 21. Katsina N4.24 bn N5.03 bn N6.85 bn N6.22 bn N5.79 bn 22. Kebbi N4.47 bn N5.42 bn N3.73 bn N3.83 bn N3.59 bn 23. Kogi N2.85 bn N3.19 bn N5.02 bn N6.57 bn N6.78 bn 24. Kwara N8.82 bn N11.32 bn N13.84 bn N12.46 bn N7.18 bn 25. Lagos N202.76 bn N219.20 bn N236.20 bn N276.16 bn N268.22 bn 26. Nasarawa N4.13 bn N4.13 bn N4.01 bn N4.09 bn N4.28 bn 27. Niger N3.79 bn N3.78 bn N4.12 bn N5.73 bn N5.96 bn 28. Ogun N10.84 bn N12.44 bn N13.78 bn N17.50 bn N34.60 bn 29. Ondo N8.02 bn N10.15 bn N10.50 bn N11.72 bn N10.10 bn 30. Osun N7.40 bn N5.02 bn N7.28 bn N8.51 bn N8.07 bn 31. Oyo N8.92 bn N14.60 bn N15.25 bn N16.31 bn N15.66 bn 32. Plateau N4.52 bn N6.93 bn N8.49 bn N8.28 bn N6.94 bn 33. Rivers N52.71 bn N66.28 bn N87.91 bn N89.11 bn N82.10 bn 34. Sokoto N4.19 bn N4.31 bn N5.51 bn N5.62 bn N6.22 bn 35. Taraba N2.87 bn N3.42 bn N3.34 bn N3.80 bn N4.16 bn 36. Yobe N2.39 bn N1.79 bn N3.07 bn N3.07 bn N2.25 bn 37. Zamfara N1.71 bn N2.59 bn N3.04 bn N3.15 bn N2.74 bn Note: Red marking indicates membership of the Top 12 ranking in size Source: National Bureau of Statistics, www.nigerianstat.gov.ng Analysis By: REVENUE Magazine
22 Revenue Ranking
Internally Generated Revenue (IGR) in Nigerian States 10 YEARS SUMMARY: 2016-2020
No. State IGR 2016 IGR 2017 IGR 2018 IGR 2019 IGR 2020 1. Abia N12.07 bn N14.92 bn N14.83 bn N14.78 bn N14.38 bn 2. Adamawa N5.79 bn N6.20 bn N6.20 bn N9.70 bn N8.33 bn 3. Akwa Ibom N23.27 bn N15.96 bn N24.21 bn N32.30 bn N30.70 bn 4. Anambra N32.82 bn N17.37 bn N19.31 bn N26.37 bn N28.01 bn 5. Bauchi N8.68 bn N4.37 bn N9.69 bn N11.70 bn N12.50 bn 6. Bayelsa N7.90 bn N12.52 bn N13.64 bn N16.34 bn N12.18 bn 7. Benue N9.56 bn N12.40 bn N11.22 bn N17.85 bn N10.46 bn 8. Borno N2.68 bn N4.98 bn N6.52 bn N8.18 bn N11.58 bn 9. Cross River N14.78 bn N18.10 bn N17.55 bn N22.60 bn N16.18 bn 10. Delta N44.06 bn N51.89 bn N58.44 bn N64.68 bn N59.73 bn 11. Ebonyi N2.34 bn N5.10 bn N6.14 bn N7.46 bn N13.59 bn 12. Edo N23.04 bn N25.34 bn N28.43 bn N29.48 bn N27.18 bn 13. Ekiti N2.99 bn N4.97 bn N6.47 bn N8.55 bn N8.72 bn 14. Enugu N14.24 bn N22.04 bn N22.15 bn N31.07 bn N23.65 bn 15. FCT NA NA N65.52 bn N74.56 bn N92.06 bn 16. Gombe N2.94 bn N5.27 bn N7.34 bn N6.80 bn N8.54 bn 17. Imo N5.87 bn N6.50 bn N14.88 bn N16.10 bn N17.08 bn 18. Jigawa N3.54 bn N6.65 bn N9.25 bn N12.93 bn N8.67 bn 19. Kaduna N17.05 bn N26.53 bn N29.45 bn N44.96 bn N50.77 bn 20. Kano N30.96 bn N42.42 bn N44.11 bn N40.59 bn N31.82 bn 21. Katsina N5.55 bn N6.03 bn N6.96 bn N8.50 bn N11.40 bn 22. Kebbi N3.13 bn N4.39 bn N4.88 bn N7.37 bn N13.78 bn 23. Kogi N9.57 bn N11.24 bn N11.33 bn N16.39 bn N17.36 bn 24. Kwara N17.25 bn N19.64 bn N23.05 bn N30.65 bn N19.60 bn 25. Lagos N302.43 bn N333.97 bn N382.18 bn N398.73 bn N418.99 bn 26. Nasarawa N3.40 bn N6.17 bn N7.57 bn N10.86 bn N12.48 bn 27. Niger N5.88 bn N6.52 bn N10.43 bn N12.77 bn N10.52 bn 28. Ogun N72.98 bn N74.84 bn N84.55 bn N70.92 bn N50.75 bn 29. Ondo N8.68 bn N10.93 bn N24.79 bn N30.14 bn N24.85 bn 30. Osun N8.88 bn N6.49 bn N10.38 bn N17.92 bn N19.67 bn 31. Oyo N18.88 bn N22.49 bn N24.64 bn N26.75 bn N38.04 bn 32. Plateau N9.19 bn N10.79 bn N12.73 bn N16.48 bn N19.12 bn 33. Rivers N85.29 bn N89.49 bn N112.70 bn N140.40 bn N117.19 bn 34. Sokoto N4.55 bn N9.02 bn N18.76 bn N19.01 bn N11.80 bn 35. Taraba N5.90 bn N5.76 bn N5.97 bn N6.53 bn N8.11 bn 36. Yobe N3.24 bn N3.60 bn N4.38 bn N8.44 bn N7.78 bn 37. Zamfara N4.78 bn N6.02 bn N8.21 bn N15.42 bn N18.50 bn Note: Red marking indicates membership of the Top 12 ranking in size Source: National Bureau of Statistics, www.nigerianstat.gov.ng Analysis By: REVENUE Magazine
23 Revenue Ranking
Internally Generated Revenue (IGR) in Nigerian States BIGGEST STATES: DECEMBER 31, 2019 No. Zone State Capital Governor IGR 2019
1. South West Lagos Ikeja Babajide Sanwo-Olu N398,732,246,493
2. South -South Ri vers PH Ezenwo Nyesom Wike N140,398,744,303 3. North Central FCT Abuja Muhammed Bello N74,564,180,835 4. South West Ogun Abeokuta Dapo Abiodun N70,922,590,496 5. South -South Delta Asaba Ifeanyi Okowa N64,678,796,992 6. North West K aduna Kaduna Nasir Ahmad el-Rufai N44,956,576,583 7. North West Kano Kano Abdullahi Umar Ganduje N40,593,701,332 8. South -South Akwa Ibom Uyo Udom Gabriel Emmanuel N32,291,014,772 9. South East En ugu Enugu Ifeanyi Ugwuanyi N31,069,466,913 10. North Central K wara Ilorin AbdulRahman AbdulRazaq N30,646,731,409 11. South West Ondo Akure Rotimi Akeredolu N30,135,881,918 12. South -South Edo Benin -City Godwin Obaseki N29,478,406,024 13. South West Oyo Ibadan Oluwaseyi Makinde N26,746,460,236
14. South East Anambra Awka Willie Obiano N26,369,195,865
15. South-South Cross River Calabar Benedict Ayade N22,597,063,883
16. North West Sok oto Sokoto Amin u Waziri Tambauwal N19,005,093,541 17. South West Osun Osogbo Adegboyega Oyetola N17,922,394,523 18. North Central Ben ue Makurdi Samuel Ortom N17,850,480,386 19. North Central Plateau Jos Simeon Bako Lalong N16,480,111,594 20. North Central Kogi Lokoja Yahaya Bello N16,389,026,389 21. South East Imo Owerri Emeka Ihedioha N16,095,299,621 22. South -South Ba yelsa Yenagoa Henry Seriake Dickson N16,342,762,532 23. North West Zamfara Gusau Bello Mohammad N15,416,043,400 24. South East Abia Umuahia Okezie Ikpeazu N14,769,307,659 25. North West Jig awa Dutse Muhammad B. Abubakar N12,926,658,146 26. North Central Niger Minna Abubakar Sani Bello N12,765,034,972 27. Nor th East Bauc hi Bauchi Bala Mohammad N11,696,955,885
28. North Central Nasarawa Lafia Abdullahi Sule N10,858,822,423
29. North East Adamawa Yola Ahmadu Umaru Fintiri N9,704,660,185
30. South West Ekiti Ado -Ekiti Kayode Fayemi N8,546,875,648 31. North West K atsina Katsina Aminu Bello Masari N8,496,742,119 32. Nor th East Yobe Damatur u Mai Mala Buni N8,444,634,099 33. Nor th East Bor no Maiduguri Babagana Umara Zulum N8,175,248,326 34. South East Ebonyi Abakaliki Dave Umahi N7,455,294,676 35. North West K ebbi Birnin - Kebbi Abubakar Atiku Bagudu N7,367,334,837 36. Nor th East Gombe Gombe Muhammad Inuwa Yahaya N6,803,064,814 37. North East Taraba Jalingo Darius Ishaku N6,533,106,447 TOTAL N1,334,226,010,276
Source: National Bureau of Statistics, www.nigerianstat.gov.ng Analysis By: REVENUE Magazine
24 Revenue Ranking
Internally Generated Revenue (IGR) in Nigerian States BIGGEST STATES: DECEMBER 31, 2020 No. Zone State Capital Governor IGR 2020 1. South West Lagos Ikeja Babajide Sanwo-Olu N418,988,587,897 2. South-South Rivers PH Ezenwo Nyesom Wike N117,189,729,245 3. North Central FCT Abuja Muhammed Bello N92,059,700,897 4. South-South Delta Asaba Ifeanyi Okowa N59,732,882,663 5. North West Kaduna Kaduna Nasir Ahmad el-Rufai N50,768,525,407 6. South West Ogun Abeokuta Dapo Abiodun N50,749,595,850 7. South West Oyo Ibadan Oluwaseyi Makinde N38,042,733,036 8. North West Kano Kano Abdullahi Umar Ganduje N31,819,816,712 9. South-South Akwa Ibom Uyo Udom Gabriel Emmanuel N30,696,770,278 10. South East Anambra Awka Willie Obiano N28,009,906,580 11. South-South Edo Benin-City Godwin Obaseki N27,184,350,735 12. South West Ondo Akure Rotimi Akeredolu N24,788,059,725 13. South East Enugu Enugu Ifeanyi Ugwuanyi N23,650,723,357 14. South West Osun Osogbo Adegboyega Oyetola N19,668,371,916 15. North Central Kwara Ilorin AbdulRahman AbdulRazaq N19,604,303,788 16. North Central Plateau Jos Simeon Bako Lalong N19,122,375,802 17. North West Zamfara Gusau Bello Mohammad N18,499,252,092 18. North Central Kogi Lokoja Yahaya Bello N17,357,833,532 19. South East Imo Owerri Hope Uzodinma N17,081,878,985 20. South-South Cross River Calabar Benedict Ayade N16,183,341,456 21. South East Abia Umuahia Okezie Ikpeazu N14,376,871,322 22. North West Kebbi Birnin- Kebbi Abubakar Atiku Bagudu N13,778,260,800 23. South East Ebonyi Abakaliki Dave Umahi N13,591,038,584 24. North East Bauchi Bauchi Bala Mohammad N12,502,599,364 25. North Central Nasarawa Lafia Abdullahi Sule N12,476,738,650 26. South-South Bayelsa Yenagoa Douye Diri N12,180,775,243 27. North West Sokoto Sokoto Aminu Waziri Tambauwal N11,796,827,128 28. North East Borno Maiduguri Babagana Umara Zulum N11,578,518,121 29. North West Katsina Katsina Aminu Bello Masari N11,399,650,510 30. North Central Niger Minna Abubakar Sani Bello N10,524,281,921 31. North Central Benue Makurdi Samuel Ortom N10,463,674,281 32. South West Ekiti Ado-Ekiti Kayode Fayemi N8,716,460,194 33. North West Jigawa Dutse Muhammad B. Abubakar N8,667,720,608 34. North East Gombe Gombe Muhammad Inuwa Yahaya N8,537,983,927 35. North East Adamawa Yola Ahmadu Umaru Fintiri N8,329,870,707 36. North East Taraba Jalingo Darius Ishaku N8,114,973,143 37. North East Yobe Damaturu Mai Mala Buni N7,779,631,176 TOTAL N1,306,075,020,100
Source: National Bureau of Statistics, www.nigerianstat.gov.ng Analysis By: REVENUE Magazine
25 Revenue Ranking
Internally Generated Revenue (IGR) in Nigerian States FASTEST GROWING STATES IN IGR IN 2020 No. Zone State IGR 2019 IGR 2020 Growth 1. North West Kebbi N7,367,334,837 N13,778,260,800 87.02% 2. South East Ebonyi N7,455,294,676 N13,591,038,584 82.20% 3. South West Oyo N26,746,460,236 N38,042,733,036 42.23% 4. North East Borno N8,175,248,326 N11,578,518,121 41.63% 5. North West Katsina N8,496,742,119 N11,399,650,510 34.16% 6. North East Gombe N6,803,064,814 N8,537,983,927 25.50% 7. North East Taraba N6,533,106,447 N8,114,973,143 24.21% 8. North Centra l FCT N74,564,180,835 N92,059,700,897 23.46% 9. North West Zamfara N15,416,043,400 N18,499,252,092 20.20% 10. North Centra l Plateau N16,480,111,594 N19,122,375,802 16.03% 11. North Centra l Nasarawa N10,858,822,423 N12,476,738,650 14.90% 12. North West Kaduna N44,956,576,583 N50,768,525,407 12.93% 13. South West Osun N17,922,394,523 N19,668,371,916 9.74% 14. North East Bauchi N11,696,955,885 N12,502,599,364 6.89% 15. South East Anambra N26,369,195,865 N28,009,906,580 6.22% 16. South East Imo N16,095,299,621 N17,081,878,985 6.13% 17. North Centra l Kogi N16,389,026,389 N17,357,833,532 5.91% 18. South West Lagos N398,732,246,493 N418,988,587,897 5.08% 19. South West Ekiti N8,546,875,648 N8,716,460,194 1.98% 20. South East Abia N14,769,307,659 N14,376,871,322 -2.66% 21. South-South Akwa Ibom N32,291,014,772 N30,696,770,278 -4.94% 22. South-South Delta N64,678,796,992 N59,732,882,663 -7.65% 23. South-South Edo N29,478,406,024 N27,184,350,735 -7.78% 24. North East Yobe N8,444,634,099 N7,779,631,176 -7.87% 25. South-South Bayelsa N16,342,762,532 N12,180,775,243 -12.04% 26. North East Adamawa N9,704,660,185 N8,329,870,707 -14.17% 27. South-South Rivers N140,398,744,303 N117,189,729,245 -16.53% 28. South West Ondo N30,135,881,9186 N24,788,059,725 -17.55% 29. North Centra l Niger N12,765,034,972 N10,524,281,921 -17.55% 30. North West Kano N40,593,701,332 N31,819,816,712 -21.61% 31. South East Enugu N31,069,466,913 N23,650,723,357 -23.88% 32. South-South Cross River N22,597,063,883 N16,183,341,456 -28.38% 33. South West Ogun N70,922,590,496 N50,749,595,850 -28.44% 34. North West Jigawa N12,926,658,146 N8,667,720,608 -32.95% 35. North Centra l Kwara N30,646,731,409 N19,604,303,788 -36.03% 36. North West Sokoto N19,005,093,541 N11,796,827,128 -37.93% 37. North Centra l Benue N17,850,480,386 N10,463,674,281 -41.38%
Source: National Bureau of Statistics, www.nigerianstat.gov.ng Analysis By: REVENUE Magazine
26 Revenue Ranking
Internally Generated Revenue (IGR) in Nigerian States MOST INDEPENDENT STATES IN REVENUE: DECEMBER 31, 2020 No. State Revenue 2020 FAAC 2020 IGR 2020 % IGR 1. Lagos N534,921,208,35 4 N115,932,620,45 7 N418,988,587,89 7 78.33% 2. FCT N159,124,333,89 2 N67,064,632,99 4 N92,059,700,89 7 57.85% 3. Ogun N88,429,028,83 4 N37,679,432,98 4 N50,749,595,85 0 57.39% 4. Rivers N258,376,770,59 0 N141,187,041,34 5 N117,189,729,24 5 45.36% 5. Kaduna N113,895,031,17 6 N63,126,507,76 8 N50,768,525,40 7 44.57% 6. Oyo N91,707,321,48 6 N53,664,588,45 0 N38,042,733,03 6 41.48% 7. Osun N50,295,479,80 6 N30,627,107,89 0 N19,668,371,91 6 39.11% 8. Anambra N78,926,471,91 1 N50,916,565,33 1 N28,009,906,58 0 35.49% 9. Plateau N54,776,787,93 2 N35,644,412,13 1 N19,122,375,80 2 34.92% 10. Ondo N71,500,227,88 2 N46,651,761,68 9 N24,788,059,72 5 34.75% 11. Cross Rive r N49,076,165,83 0 N32,892,824,37 4 N16,183,341,45 6 32.98% 12. Enugu N73,538,233,35 2 N49,887,509,99 5 N23,650,723,35 7 32.16% 13. Kwara N61,699,952,53 1 N42,095,648,74 3 N19,604,303,78 8 31.77% 14. Edo N85,589,933,29 5 N58,405,582,56 0 N27,184,350,73 5 31.76% 15. Zamfara N59,945,755,32 2 N41,446,503,23 0 N18,499,252,09 2 30.86% 16. Kano N113,085,163,05 9 N81,265,346,34 7 N31,819,816,71 2 28.14% 17. Kogi N67,339,324,60 5 N49,981,491,07 3 N17,357,833,53 2 25.78% 18. Delta N246,561,196,55 4 N186,828,313,89 2 N59,732,882,66 3 24.23% 19. Ebonyi N57,554,599,29 4 N43,963,560,71 0 N13,591,038,58 4 23.61% 20. Imo N72,806,323,59 2 N55,724,444,60 7 N17,081,878,98 5 23.46% 21. Abia N62,745,935,40 2 N48,369,064,08 0 N14,376,871,32 2 22.91% 22. Nasarawa N55,581,305,48 8 N43,104,566,83 8 N12,476,738,65 0 22.45% 23. Kebbi N64,958,838,16 7 N51,180,577,36 7 N13,778,260,80 0 21.21% 24. Bauchi N61,646,949,30 9 N49,144,139,94 6 N12,502,599,36 4 20.28% 25. Benue N57,677,033,88 5 N47,213,359,60 4 N10,463,674,28 1 18.14% 26. Ekiti N48,239,443,91 8 N39,522,983,72 4 N8,716,460,194 18.07% 27. Sokoto N65,915,275,96 9 N54,118,448,84 0 N11,796,827,12 8 17.90% 28. Gombe N48,461,702,34 5 N39,923,718,41 8 N8,537,983,927 17.62% 29. Akwa Ibom N176,962,641,54 8 N146,265,871,27 0 N30,696,770,27 8 17.35% 30. Niger N65,092,276,91 5 N54,567,994,99 4 N10,524,281,92 1 16.17% 31. Borno N71,661,798,21 8 N60,083,280,09 8 N11,578,518,12 1 16.16% 32. Katsina N72,793,771,48 3 N61,394,120,97 4 N11,399,650,51 0 15.66% 33. Taraba N51,941,254,07 9 N43,826,280,93 5 N8,114,973,143 15.62% 34. Adamawa N56,273,759,57 9 N47,943,888,87 2 N8,329,870,707 14.80% 35. Yobe N57,219,042,99 9 N49,439,411,82 3 N7,779,631,176 13.60% 36. Jigawa N65,033,031,36 4 N56,365,310,75 6 N8,667,720,608 13.33% 37. Bayelsa N128,582,231,64 6 N116,401,456,40 3 N12,180,775,24 3 9.47%
Source: National Bureau of Statistics, www.nigerianstat.gov.ng Analysis By: REVENUE Magazine
27 Revenue Ranking
Internally Generated Revenue (IGR) in Nigerian States TOTAL DIRECT ASSESSMENT TAX: DECEMBER 31, 2020 No. Zone State Capital Direct AssessmentT ax 1. South West Lagos Ikeja N17,071,437,457 2. North Centra l FCT Abuja N3,166,412,965 3. North West Zamfara Gusau N2,198,286,980 4. South West Ogun Abeokuta N2,051,443,702 5. North East Borno Maiduguri N1,042,626,658 6. North Centra l Kwara Ilorin N1,018,717,341 7. South-South Edo Benin-City N999,640,813 8. South-South Rivers PH N979,134,419 9. South West Osun Osogbo N790,315,748 10. South West Oyo Ibadan N781,415,173 11. South East Anambra Awka N666,033,750 12. North West Kebbi Birnin- Kebbi N613,700,310 13. South East Ebonyi Abakaliki N521,897,616 14. South West Ondo Akure N490,552,902 15. North West Kano Kano N485,133,322 16. South-South Delta Asaba N446,789,614 17. North Centra l Benue Makurdi N439,819,785 18. South West Ekiti Ado-Ekiti N421,496,580 19. North West Jigawa Dutse N385,065,061 20. South East Imo Owerri N336,106,301 21. North West Kaduna Kaduna N297,280,727 22. North East Bauchi Bauchi N283,969,814 23. South East Abia Umuahia N232,449,684 24. North East Taraba Jalingo N208,665,139 25. North Centra l Niger Minna N195,758,841 26. North West Katsina Katsina N168,857,737 27. South East Enugu Enugu N142,590,958 28. South-South Cross River Calabar N137,933,365 29. South-South Akwa Ibom Uyo N124,261,411 30. North Centra l Plateau Jos N98,349,451 31. North East Adamawa Yola N60,082,278 32. South-South Bayelsa Yenagoa N56,733,473 33. North Centra l Kogi Lokoja N51,430,230 34. North Centra l Nasarawa Lafia N47,454,248 35. North East Gombe Gombe N27,553,943 36. North West Sokoto Sokoto N12,716,110 37. North East Yobe Damaturu N4,019,542 Source: National Bureau of Statistics, www.nigerianstat.gov.ng Analysis By: REVENUE Magazine
28 Revenue Ranking
Internally Generated Revenue (IGR) in Nigerian States DIRECT ASSESSMENT TAX AS A % OF TOTAL TAX: DECEMBER 31, 2020 No. State Capital Total Tax Direct Assessmt. % of Total Tax 1. Zamfara Gusau N14,450,021,686 N2,198,286,980 15.21% 2. Kwara Ilorin N9,276,093,092 N1,018,717,341 10.98% 3. Borno Maidugur i N10,273,650,033 N1,042,626,658 10.15% 4. Osun Osogbo N11,443,296,956 N790,315,748 6.91% 5. Ekiti Ado-Ekiti N6,421,964,388 N421,496,580 6.56% 6. Ogun Abeokuta N31,545,155,072 N2,051,443,702 6.50% 7. Jigawa Dutse N6,175,318,867 N385,065,061 6.23% 8. Ebonyi Abakaliki N9,535,143,503 N521,897,616 5.47% 9. Benue Makurdi N8,172,418,532 N439,819,785 5.38% 10. Kebbi Birnin-Kebbi N12,067,695,882 N613,700,310 5.09% 11. Lagos Ikeja N367,193,737,349 N17,071,437,457 4.65% 12. Edo Benin-City N23,533,542,232 N999,640,813 4.25% 13. Anambra Awka N15,849,268,432 N666,033,750 4.20% 14. Taraba Jalingo N5,250,459,443 N208,665,139 3.97% 15. FCT Abuja N92,059,700,897 N3,166,412,965 3.44% 16. Oyo Ibadan N31,290,274,124 N781,415,173 2.50% 17. Bauchi Bauchi N12,364,090,044 N283,969,814 2.30% 18. Ondo Akure N21,294,318,689 N490,552,902 2.30% 19. Imo Owerri N14,795,571,589 N336,106,301 2.27% 20. Niger Minna N8,751,233,440 N195,758,841 2.24% 21. Abia Umuahia N11,207,202,767 N232,449,684 2.07% 22. Kano Kano N24,761,761,385 N485,133,322 1.96% 23. Katsina Katsina N11,009,472,163 N168,857,737 1.53% 24. Cross River Calabar N12,760,663,079 N137,933,365 1.08% 25. Kaduna Kaduna N27,655,872,835 N297,280,727 1.07% 26. Enugu Enugu N13,457,985,136 N142,590,958 1.06% 27. Adamawa Yola N6,689,884,415 N60,082,278 0.90% 28. Rivers PH N110,736,656,674 N979,134,419 0.88% 29. Delta Asaba N53,878,946,538 N446,789,614 0.83% 30. Plateau Jos N17,119,716,292 N98,349,451 0.57% 31. Bayelsa Yenagoa N12,007,639,211 N56,733,473 0.47% 32. Nasarawa Lafia N9,992,724,809 N47,454,248 0.47% 33. Akwa Ibom Uyo N26,754,866,375 N124,261,411 0.46% 34. Gombe Gombe N6,574,824,782 N27,553,943 0.42% 35. Kogi Lokoja N14,865,916,587 N51,430,230 0.35% 36. Sokoto Sokoto N10,556,582,637 N12,716,110 0.12% 37. Yobe Damaturu N5,901,334,142 N4,019,542 0.07%
Source: National Bureau of Statistics, www.nigerianstat.gov.ng Analysis By: REVENUE Magazine
29 Revenue Ranking
EXECUTIVE GOVERNORS The Fastest Growing States in IGR in 2020
KEBBI EBONYI OYO BORNO Abubakar Atiku Bagudu David Umahi Oluwaseyi Makinde Babagana Umara Zulum
KATSINA GOMBE TARABA FCT Aminu Bello Masari Muhammad I. Yahaya Darius Ishaku Muhammed Bello
ZAMFARA PLATEAU NASARAWA KADUNA Bello Mohammad Simeon Bako Lalong Abdullahi Sule Nasir Ahmad el-Rufai
30 Revenue Ranking
EXECUTIVE GOVERNORS The Most Independent States in Revenue in 2020
LAGOS FCT OGUN RIVERS Babjide Sanwo Olu Muhammed Bello Dapo Abiodun Ezenwo Nyesom Wike
KADUNA OYO OSUN ANAMBRA Nasir Ahmad el-Rufai Oluwaseyi Makinde Adegboyega Oyetola Willie Obiano
PLATEAU ONDO CROSS RIVER ENUGU Simeon Bako Lalong Rotimi Akeredolu Benedict Ayade Ifeanyi Ugwuanyi
31 Revenue Ranking
EXECUTIVE GOVERNORS The Biggest States in IGR in 2020
LAGOS RIVERS FCT DELTA Babjide Sanwo Olu Ezenwo Nyesom Wike Muhammed Bello Ifeanyi Okowa
KADUNA OGUN OYO KANO Nasir Ahmad el-Rufai Dapo Abiodun Oluwaseyi Makinde Abdullahi Ganduje
AKWA IBOM ANAMBRA EDO ONDO Udom Emmanuel Willie Obiano Godwin Obaseki Rotimi Akeredolu
32 Revenue Ranking
EXECUTIVE GOVERNORS The Biggest States in Direct Assessment Tax as a % of Total Tax in 2020
ZAMFARA KWARA BORNO OSUN Bello Muhammad AbdulRahman AbdulRazaq Babagana Umara Zulum Adegboyega Oyetola
EKITI OGUN JIGAWA EBONYI John Kayode Fayemi Dapo Abiodun Muhammad B. Abubakar David Umahi
BENUE KEBBI LAGOS EDO Samuel Ortom Abubakar Atiku Bagudu Babjide Sanwo Olu Godwin Obaseki
33 Revenue Ranking
st No. State IGR 2020 1. Lagos N418.99 billion 1 2. Ogun N50.75 billion South West 3. Oyo N38.04 billion N560.96 billion 4. Ondo N24.79 billion 5. Osun N19.67 billion 42.95% 6. Ekiti N8.72 billion Sub-Total N560.96 billion
nd No. State IGR 2020 1. Rivers N117.19 billion 2 2. Delta N59.73 billion South-South 3. Akwa Ibom N30.70 billion N263.16 billion 4. Edo N27.18 billion 5. Cross River N16.18 billion 20.15% 7. Bayelsa N12.18 billion Sub-Total N263.16 billion
No. State IGR 2020 rd 1. FCT N92.06 billion 2. Kwara N19.60 billion 3 3. Plateau N19.12 billion North Central 4. Kogi N17.36 billion N181.60 billion 5. Nasarawa N12.48 billion 13.14% 6. Niger N10.52 billion 7. Benue N10.46 billion Sub-Total N181.60 billion AL RANKING IN IGR 2020 No. State IGR 2020 th 1. Kaduna N50.77 billion 2. Kano N31.82 billion 4 3. Zamfara N18.50 billion North West
ZON 4. Kebbi N13.79 billion N146.75 billion 5. Sokoto N11.80 billion 11.24% 6. Katsina N11.40 billion 7. Jigawa N8.67 billion Sub-Total N146.75 billion
th No. State IGR 2020 1. Anambra N28.01 billion 5 2. Enugu N23.65 billion South East 3. Imo N17.08 billion N96.72 billion 4. Abia N14.38 billion 7.41% 5. Ebonyi N13.60 billion Sub-Total N96.72 billion
No. State IGR 2020 th 1. Bauchi N12.50 billion 6 2. Borno N11.58 billion 3. Gombe N8.54 billion North East 4. Adamawa N8.33 billion N56.84 billion 5. Taraba N8.11 billion 4.35% 6. Yobe N7.78 billion Sub-Total N56.84 billion
34 Revenue Ranking
st No. State FAAC 2020 1. Delta N186.83 billion 1 2. Akwa Ibom N146.27 billion South-South Zone 3. Rivers N141.19 billion N681.99 billion 4. Bayelsa N116.40 billion 5. Edo N58.41 billion 29.73% 6. Cross River N32.89 billion Sub-Total N681.99 billion
No. State FAAC 2020 nd 1. Kano N81.27 billion 2. Kaduna N63.13 billion AAC IN 2020 2 3. Katsina N61.39 billion North West Zone 4. Jigawa N56.37 billion N408.91 billion 5. Sokoto N54.12 billion 17.83% 6. Kebbi N51.18 billion 7. Zamfara N41.45 billion Sub-Total N408.91 billion
No. State FAAC 2020 rd 1. FCT N67.06 billion 3 2. Niger N54.57 billion North Central Zone 3. Kogi N49.98 billion N339.66 billion 4. Benue N47.21 billion 5. Nasarawa N43.10 billion 14.81% 6. Kwara N42.10 billion 7. Plateau N35.64 billion Sub-Total N339.66 billion th No. State FAAC 2020 AL RANKING IN F 1. Lagos N115.93 billion 4 2. Oyo N53.66 billion South West Zone 3. Ondo N46.65 billion N323.44 billion 4. Ekiti N39.52 billion 14.13% 5. Ogun N37.68 billion ZON 6. Osun N30.63 billion Sub-Total N323.44 billion th No. State FAAC 2020 1. Borno N60.08 billion 5 2. Yobe N49.44 billion North East Zone 3. Bauchi N49.14 billion N290.35 billion 4. Adamawa N47.94 billion 5. Taraba N43.83 billion 12.66% 6. Gombe N39.92 billion Sub-Total N290.35 billion th No. State FAAC 2020 1. Anambra N50.92 billion 6 2. Enugu N49.89 billion South East Zone 3. Ebonyi N43.96 billion N248.86 billion 4. Imo N55.72 billion 10.85% 5. Abia N48.37 billion Sub-Total N248.86 billion
35 Revenue Ranking
st No. State Revenue 2020 1. Rivers N258.38 billion 1 2. Delta N246.56 billion South-South Zone 3. Akwa Ibom N176.96 billion N945.46 billion 4. Bayelsa N128.58 billion 5. Edo N85.90 billion 26.26% 6. Cross River N49.08 billion Sub-Total N945.46 billion
No. State Revenue 2020 nd 1. Lagos N534.92 billion 2. Oyo N91.71 billion 2 3. Ogun N88.43 billion South West Zone 4. Ondo N71.50 billion N885.08 billion 5. Osun N50.30 billion 24.59% 6. Ekiti N48.24 billion Sub-Total N885.08 billion
No. State Revenue 2020 rd 1. Kaduna N113.90 billion 2. Kano N113.09 billion 3 3. Katsina N72.79 billion North West Zone 4. Sokoto N65.92 billion N555.64 billion 5. Jigawa N65.03 billion 15.43% 6. Kebbi N64.96 billion 7. Zamfara N59.95 billion Sub-Total N555.64 billion
No. State Revenue 2020 th 1. FCT N159.12 billion 2. Kogi N67.34 billion 4 3. Niger N65.09 billion AL RANKING IN REVENUE 2020 North Central Zone 4. Kwara N61.70 billion N521.29 billion 5. Benue N57.68 billion 14.48% 6. Nasarawa N55.58 billion 7. Plateau N54.78 billion Sub-Total N521.29 billion ZON th No. State Revenue 2020 1. Borno N71.66 billion 5 2. Bauchi N61.65 billion North East Zone 3. Yobe N57.22 billion N347.20 billion 4. Adamawa N56.27 billion 9.64% 5. Taraba N51.94 billion 6. Gombe N48.46 billion Sub-Total N347.20 billion
No. State Revenue 2020 th 1. Anambra N78.93 billion 6 2. Enugu N73.54 billion 3. Imo N72.81 billion South East Zone N345.58 billion 4. Abia N62.75 billion 5. Ebonyi N57.55 billion 9.60% Sub-Total N345.58 billion
36 Revenue Ranking
The Board of Internal Revenue of Nigerian States DIRECTORY OF EXECUTIVE CHAIRPERSONS 2021 No. Zone State Chairperson Gender Website 1. North Central Benue Mr. Andrew Ayabam Male www.birs.gov.ng 2. North Central FCT Alhaji Abdullahi Attah Male www.fctirs.gov.ng 3. North Central Kogi Alhaji Yusufu Abubakar Male www.irs.kg.gov.ng 4. North Central Kwara Mrs. Shade Omoniyi Female www.irs.kw.gov.ng 5. North Central Nasarawa Alhaji Ahmed Y. Muhammad Male www.nasarawa-irs.com 6. North Central Niger Dr. Jibrin Habibu Yusuf Male www.ngsirs.gov.ng 7. North Central Plateau Mr. Arlat Dashe Dasogot Male www.pirs.gov.ng 8. North East Adamawa Alhaji Hamma A. Njabbari Male www.adamawabir.com 9. North East Bauchi Alhaji Muazu Usman Male www.birs.bu.gov.ng 10. North East Borno Alhaji Mohammed Alkali Male www.bornoirs.com 11. North East Gombe Alhaji Abubakar Inuwa Tata Male www.gombeirs.gov.ng 12. North East Taraba Dr. Siman S. Ambita’a Male www.tarababir.gov.ng 13. North East Yobe Alhaji Ali Usman Ahmad Male www.bir.pfm.yb.gov.ng 14. North West Jigawa Alhaji Ibrahim Ahmed Sani Male N.A. 15. North West Kaduna Dr. Zaid Abubakar Male www.kadirs.kdsg.gov.ng 16. North West Kano Alhaji Abdurrazak Datti Salihi Male www.kirs.gov.ng 17. North West Katsina Alhaji Aminu D. Abdulmumini Male N.A. 18. North West Kebbi Alhaji Iliyasu Arzika Jega Male www.irs.kb.gov.ng 19. North West Sokoto Alhaji Aminu Dalhatu Zurmi Male www.sokototax.com 20. North West Zamfara Hajiya Lubabatu Isah Mayana Female www.zamfarabir.com 21. South East Abia Mr. Celestine B. A. Agbara Male www.abiairs.com 22. South East Anambra Dr. David Nzekwu Male www.airs.an.gov.ng 23. South East Ebonyi Dr. Austin Nweze Male www.ebsirb.eb.gov.ng 24. South East Enugu Mr. Emeka Anthony Odo Male www. irs.en.gov.ng 25. South East Imo Mr. Remigus Okoye Male www.iirs.im.gov.ng 26. South-South Akwa Ibom Mr. Okon E. Okon Male www.irs.ak.gov.ng 27. South-South Bayelsa Dr. Nimibofa Ayawei Male www.bir.by.gov.ng 28. South-South Cross River Mr. Akpanke Ogar Male www.crirs.ng 29. South-South Delta Sir Monday John Onyeme Male www.deltabir.com 30. South-South Edo Mr. Igbinidu Inneh Male www.eirs.gov.ng 31. South-South Rivers Mr. ThankGod A. Norteh Male rivtamis.riversbirs.gov.ng 32. South West Ekiti Mr. Eleazar O. Ogunmilade Male www.ekitistaterevenue.com 33. South West Lagos Mr. Hamzat Ayodele Subair Male www.lirs.gov.ng 34. South West Ogun Mr. Olugbenga A. Olaleye Male www.ogirs.gov.ng 35. South West Ondo Mr. Tolu Adegbie Male www.irs.on.gov.ng 36. South West Osun Mr. Adegbite Ademikanra Male www.irs.os.gov.ng 37. South West Oyo Mr. John Adeleke Male www.oyostatebir.com
Compilation By: REVENUE Magazine
37 Numbers & Insights Top 10 states in Nigeria with the lowest unemployment rate in Quarter 4 2020 No. State Unemployment 1. Osun 11.70% 2. Benue 11.90% 3. Zamfara 12.90% 4. Sokoto 14.50% 5. Ogun 16.40% 6. Kwara 16.55% 7. Ondo 17.10% 8. Kebbi 17.25% 9. Oyo 17.99% 10. Katsina 25.28%
Sources: National Bureau of Statistics (NBS)
Top 10 agricultural produces exported by Nigeria in Quarter 4 2020 No. Produce Export 1. Sesame Seeds N27.30bn 2. Cocoa N9.90bn 3. Cashew Nuts N5.60bn 4. Sesame Oil N4.40bn 5. Shea Nuts N1.30bn 6. Palm Nuts & Kernel N1.20bn 7. Coconut N1.20bn 8. Ginger N1.10bn 9. Linseed N793.50m 10. Groundnut Oil N644.90m
Sources: National Bureau of Statistics (NBS)
Top 10 states in Nigeria with the highest unemployment rate in Quarter 4 2020 No. State Unemployment 1. Imo 56.6% 2. Adamawa 54.90% 3. Cross River 53.70% 4. Yobe 52.60% 5. Akwa Ibom 51.00% 6. Abia 50.10% 7. Edo 49.02% 8. Kaduna 44.40% 9. Anambra 44.20% 10. Borno 43.30% Sources: National Bureau of Statistics (NBS)
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