NATIONAL 36 states and Federal Capital Territory, Abuja generated a total of N579.49 billion from internally generated sources in the first half of 2018.
Figures from the National Bureau of Statistics (NBS) released in Abuja today revealed that this figure was an improvement of 27.7 per cent when compared with the N453.83 billion recorded in the same period of 2017.
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Twenty-eight (28) States recorded growth in IGR while eight (8) states which include (Abia, Anambra, Benue, Taraba, Kebbi, Kwara, Ebonyi and Enugu) recorded a decline at the end of 2018 Half Year.
The net FAAC allocation in half-year 2018 is put at N1.23 trillion while the total revenue available to the states is put at N1.74 trillion.
However, the value of foreign debt stands at $4.22bn while domestic debt hits N3.38 trillion at the end of 2018 half year respectively
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