- 36 states received N3.9 trillion revenues in 2018
- Lagos’ 2018 revenue higher than revenue of each of three zones
- SS and SW states had 55% of 2018 states’ revenues
The 36 states received N3.95trillion as total revenues in 2018 but none of the states could fund their 2018 budget from their total revenue for the year. The gap between total revenues and budgets ranged between N28billion in Enugu and N1.2trillion in Cross River. The total revenues to the states came from disbursements from the Federation Accounts and Allocation Committee (FAAC) and receipts from Internally Generated Revenues (IGR).