This is contained in NBS report on Internally Generated Revenue At State Level for 2022.
According to NBS, the 2022 IGR had two major revenue sources namely; taxes and Ministries, Departments and Agencies’ (MDAs’) revenue.
The bureau said taxes sub-category recorded in the period are Pay As You Earn (PAYE), Direct Assessment, Road Taxes, Stamp duties, Capital gain tax, Withholding taxes, Other taxes and LGAs revenue.
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According to the report: “Similar to what was recorded in 2021, the leading states in total IGR in 2022 were Lagos, Rivers, and the FCT with ₦651,145,633,085.30, ₦172,823,232,535.44, and ₦124,366,774,519.25, respectively.
“While the least three performing states during the year were Kebbi, Taraba, and Yobe with the value of ₦9,146,249,907.83, ₦10,238,110,125.95, and ₦10,456,776,796.18, respectively.”
The report said PAYE was the most contributing revenue source in 2022 with a 67.62 per cent share to the total tax generated revenues nationwide.
The bureau said capital gains tax generated the least in 2022 with a 0.24 per cent share to total tax revenue.
The report said Oyo, Lagos, and Jigawa states led with the highest LGA revenue reported during the year.
“The states recorded ₦11,832,437,020.33, ₦11,505,586,283.35, and ₦8,700,993,591.78, respectively,” the NBS said.