Nigeria Economic Update (Issue 18)

A total of ₦342.6 billion was generated internally as revenue by 35 states and the FCT in 2018Q41. The figure indicates a growth rate of 22.8% compared to ₦264.3 billion generated in the previous quarter. For the fiscal year, 2018, total IGR rose by 24.8% to ₦1.17 trillion, from ₦936.5 billion recorded in 2017. While […]