States’ IGR Dropped To N612.87bn In H1 — NBS       The Internally Generated Revenue of states dropped to N612.87bn in the first six months of 2020 from N693.91bn in the corresponding period of 2019, the National Bureau of Statistics has disclosed. The NBS on Tuesday in its...

CAC Generates N36bn Internally, Says Registrar-General     The Registrar-General, Corporate Affairs Commission (CAC) Garba Abubakar yesterday said the commission’s internally generated revenue (IGR) for 2017, 2018 and 2019 has hit N36billion. Garba said reports by the some media houses that CAC made N56billion in two years is...

Why Kano Generates Poor Revenue Compared to Lagos, Rivers, Kwara -Businessman A Kano State-born businessman, Alhaji Ibrahim Shehu Dandakata, said the state will continue to generate poor revenue from major internal sources, unless it evolves an effective mechanism for tax collection. He said the problem of...

IGR: Investment Experts Seek Review Of Tax Collection Initiative     On the backdrop of fall in Internally Generated Revenue (IGR) across the 36 states of the federation, investment experts at FBNQuest, the investment banking arm of First Bank of Nigeria Limited, have called for a review...

SEC Advises State Govts On Developmental Projects To Boost IGR   The Securities and Exchange Commission has advised state governments to establish companies for specific projects to boost their Internally Generated Revenue. The acting Director-General, SEC, Ms Mary Uduk, gave the advice while speaking at the Federation...

Lagos 'll Increase Monthly IGR To Fund N1.17trn Budget - Commissioner   The Lagos State Government says it plans to increase its monthly Internally Generated Revenue to fund the 2020 budget. The Commissioner for Economic Planning and Budget, Sam Egube, said this on Tuesday at the state’s...