Oyo IGR increases to N52 billion, Records 37% Year-on-Year IGR Growth under Makinde

The latest figures have revealed that Oyo State recorded a 37.11 per cent growth in Internally Generated Revenue, IGR, for the year 2021.

According to the report released yesterday by yourbudgitcom, Oyo state recorded ₦52.16 billion IGR, an increase of ₦14.12 billion over what was recorded in 2020.

Further analysis of the data showed that Oyo State recorded a 95 per cent increase in IGR since 2019. In 2019, the state recorded ₦26.75 billion IGR and recorded ₦38.04 in 2020. In 2021, the state ₦52.16 billion resulting in a 95 per cent increase since 2019.

Also Read:  PHOTO NEWS: Update on the Ongoing Construction of Ojoo Bus Terminal, Ibadan

The data also showed that the overall fiscal performance rank of Oyo state in 2021 was 11th out of the 36 states in the federation.

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related Articles

Don't Miss

Categories

Oyo IGR increases to N52 billion, Records 37% Year-on-Year IGR Growth under Makinde

The latest figures have revealed that Oyo State recorded a 37.11 per cent growth in Internally Generated Revenue, IGR, for the year 2021.

According to the report released yesterday by yourbudgitcom, Oyo state recorded ₦52.16 billion IGR, an increase of ₦14.12 billion over what was recorded in 2020.

Further analysis of the data showed that Oyo State recorded a 95 per cent increase in IGR since 2019. In 2019, the state recorded ₦26.75 billion IGR and recorded ₦38.04 in 2020. In 2021, the state ₦52.16 billion resulting in a 95 per cent increase since 2019.

Also Read:  BREAKING: Oyo Assembly Dissolves All Committees

The data also showed that the overall fiscal performance rank of Oyo state in 2021 was 11th out of the 36 states in the federation.

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_imgspot_img
spot_img

Don't Miss

Categories

Related Articles