Mixed Reactions As Lagos IGR Surpasses 25 States Combined In 2022 – See Data 

Mixed Reactions As Lagos IGR Surpasses 25 States Combined In 2022 – See Data 

Written By Oshiobugie Omo-Ikirodah

Lagos State’s financial prowess has once again come into sharp focus as recent data reveals its Internally Generated Revenue (IGR) surpasses the combined IGR of 25 other Nigerian states in 2022. This has led to a slew of mixed reactions from Nigerians, with many praising the successive leadership of the state for their efforts in delivering the dividends of democracy. CONTINUE READING

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Lagos Leads in the South-West

In the South-Western region of Nigeria, Lagos comfortably sits atop the IGR ranking. The data indicates that:

1. Lagos: N651.1 billion
2. Ogun: N120.6 billion
3. Oyo: N62.2 billion
4. Ondo: N32.6 billion
5. Osun: N24.6 billion
6. Ekiti: N17 billion

The cumulative IGR for the South-Western states amounts to N908.3 billion, with Lagos contributing a massive 71.7% of this total.  CONTINUE READING

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A Comparison with Other Regions

When pitched against other regions, Lagos’s IGR in 2022 remains a financial colossus:

• North-central: N246.4 billion
• North-west: N186.4 billion
• South-east: N114.5 billion
• North-east: N92 billion

The combined IGR of these regions amounts to N639.3 billion, a figure that Lagos alone surpasses by over N11 billion.

Public Response

The impressive financial performance of Lagos has led to widespread reactions. A significant number of Nigerians, particularly in online comment sections, have been effusive in their praise for the quartet of governors who have steered Lagos since 1999. Governors Tinubu, Fashola, Ambode, and Sanwo-Olu have all received accolades for their role in transforming Lagos into an economic powerhouse.

However, as with any discussion involving such significant figures, opinions are diverse. While many applaud the state’s economic strategies, others ponder on equitable wealth distribution and infrastructural development across all regions.

As the conversation around state-generated revenue continues to evolve, what remains clear is the pivotal role Lagos plays in Nigeria’s economic landscape.

Source: Bushradiogist