… N1.73trn FAAC allocation
… accumulate $19.9bn foreign debt, N3.35trn domestic debt
By Emmanuel Elebeke
The National Bureau of Statistics (NBS), says the total Internationally Generated Revenue (IGR) generated at the state level was N931.23bn in 2017 fiscal year.
In its latest data report released on Friday by the statistical body shows that the N931.23bn IGR realised by the 36 states in the whole of 2017 was N100.04bn higher compared to N831.19bn generated in the preceding year.
According to the report, the figure indicates a growth of 12.03% year on year.
The report also shows that the total of N432/65bn was generated at the end of second half (H2 2017), as against N409.09bn generated in H1 2017.
The NBS said thirty-one (31) States recorded growth in IGR in the year under review, while five (5) states which includes (Akwa Ibom , Anambra , Bauchi, Osun and Taraba)…
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