Nigeria: Federation Account Allocation and Internally Generated Revenue by South-Southern States in 2020
Rivers State generated the highest revenue among the South-Southern states in 2020, making it the second top contributor among all states. Delta State received the highest allocation from the FAAC in the region.
Lagos led Nigerian states with ₦815.9 billion in Internally Generated Revenue for 2023, followed by the FCT with ₦211.1 billion.
Despite only a 25% growth, Lagos’ IGR confirms its economic dominance. The FCT, meanwhile, recorded an impressive 70% increase.
Ebonyi, though with lower revenue, achieved an astonishing 148% growth.
Taraba generated the least revenue, increasing by 6%.
Nigeria's Federation Account Allocation Committee (FAAC) shared a total of ₦4.19 trillion among 36 states and the FCT in 2020. Lagos State made ₦419 billion in internally generated revenues (IGR) — 32% of the IGR by all states combined.
Lagos contributed the most IGR among all states in the country but got an allocation 28.5% less than its IGR. Here is a breakdown of the Federation Account Allocation and Internally Generated Revenue by South-Western states in 2020.
In total, the South-Eastern region received the least share of the FAA in 2020. Imo State received the highest FAA among the South-Eastern states. Here is a breakdown of the Federation Account Allocation and Internally Generated Revenue by South-Eastern states in 2020.
Jigawa State had the least IGR among the North-Western states, generating one of the lowest IGRs of the 36 states and the FCT. Kano received the highest share of the Federation Account Allocation in the region.
The average IGR by the North-Eastern states was ₦9.5 billion. The region generated the least revenue, with Yobe recording the nation’s least IGR. Here is a breakdown of the Federation Account Allocation and Internally Generated Revenue by North-Eastern states in 2020.
