The National Bureau of Statistics (NBS) says Rivers State generated N64.59 billion in Internally Generated Revenue (IGR). This makes the state the second highest IGR earner in the country.
The NBS made this known in a report showing the IGR at state level for the first half of the year.
It noted that N612. 87 billion was generated by the 36 states of the federation and the FCT, in the first six months of 2020.
The report disclosed that while Lagos topped the list with N204.51 billion, Jigawa recorded N3 billion making it the least IGR geenrator in the entire country.
The statement reads in part as follows: “The 36 states and FCT IGR figure hits N612.87bn in H1 2020 compared to N693.91bn recorded in 2019.
“This indicates a negative growth of -11.7 per cent year on year.
“Similarly, the Q2 2020 states and FCT IGR figure hit N259.73bn compared to N353.14bn recorded in Q1 2020.”
