Internally Generated Revenue
Internally Generated Revenue (IGR) (Billion )
Falling IGR post-2013
Gross Federally Collected Revenue to GDP Ratio (%)
Declining Federal Government Revenue
Internally Generated Revenue: Total internally generated revenue particularly declined across the 36 states in Nigeria, in 2015. This is attributable to the weak macroeconomic and financial conditions affecting business performances.
Gross Federally Collected Revenue to GDP Ratio: This has generally declined overtime on the account of declining crude oil revenues (from oil export and petroleum profit tax) and, to a lesser extent, non-oil revenues (from taxes and Custom and Excise duties).
Related
Gross Domestic Product Growth Rate: The information and communication sector has grown overtime but witnessed an unusual decline in 2011, which has remained low in 2016Q1 possibly due to declining con
Public Debt-to-GDP Ratio: The ratio of Nigerias cumulative government debt to national GDP has maintained an upward trend indicating the countrys declining economic productivity and ability to repay
Purchasing Managers Index: The level of business activities declined sharply in the first half of 2016 on the account of weak economic performance. Particularly, the issues surrounding exchange rates
Public Debt Stock and Debt Servicing: Public debt stock has steadily increased overtime; reaching over N12, 000 billion naira by 2015Q4. With the persistent fall in crude oil price and the attendant d
