A simple random sampling technique was adopted for the selection of 160 responding out of the 572 staff of the oyo state internal revenue service of the ministry of finance. The internally generated revenue igr improved to n1. Autoregressive conditional heteroscedasticity arch 1 model adopted revealed volatility in the igr. It is recommended that university administrators should be more transformative in their leadership style in order to strengthen their revenue base for effectiveness in university management. Developing internally generated revenue in an era of diversification. Lagos, rivers, delta lead others in internally generated revenue, igr by atlwireles. The main aim and objectives of the study the main aim of this study is to ascertain the sources of internally generated revenue for asa local government area of kwara state and the extent to which the resources have been. To determine what accounts for the inability of revenue collectors to collect internally generated revenue in njikoka local government. In 2017, lagos state accounted for approximately 35. The average percentages of internally generated revenue in relation to the federal allocation were between 59 percent for most nonoil producing states in. Our analysis of data revealed that, the internally generated revenue.
In 2016, lagos state accounted for approximately 37% of total internally generated revenue collected by states. However these stats are a useful and worrying guide to each states internally generated revenue igr. The importance, how to, effect causes relationship, comparison, history, role, solutions are discussed. Internally generated revenue archives the guardian nigeria. Nigerian states and internally generated revenue logbaby. Lagos state retains its number one position in igr with a total revenue generation of n268. The lagos, rivers, and delta state governments led the remaining states in internally generated revenue, igr, in the last four years. Internally generated revenue igr and infrastructural. Universities are expected to be centres of academic excellence in teaching, knowledge dissemination and developmental researches. The internally generated revenue igr covered operating expenses to the tune of 124. Nigerian states by internally generated revenue igr. Forum savi state accountability and voice initiative sparc state partnership for accountability, responsiveness and capability wb world bank igr internally generated revenue usd united states dollars paye pay as you earn bir board of internal revenue gdp gross domestic product nbs national bureau of statistics.
There is no significant relationship between expenditure and internally generated revenue of local governments in adamawa state, nigeria. Internal sources of revenue generation seem highly ignored and could contribute to low revenue base of local governments. Lagos state generates more igr than 32 states combined. A close look at the figures show that lagos igr which was n334billion in 2017 is over 35% of all the igr across the state in 2017. This is the significance of the difference between lagos and other states in the federation. Inspite of the recession, the state is still flourishing. Nigerian states by internally generated revenue igr 2015.
May 17, 2017 the dependency of nigerian states on remittances from the federal government is well known. A number of statistical tools including tables and regression were used to analysed the data and tests the hypotheses formulated. Lagos states internally generated revenue rose to n76. It also originates new model on the effect of personal income tax on internally generated revenue in oyo state which will serve as a reference for the future researchers 1. Internally generated revenue archives premium times nigeria.
Its impact on government developmental effort a study of selected local council in kogi east senatorial district edogbanya, adejoh. Project topic on revenue generation in local government areas. Internally generated revenue at state level january to june 2016 2. Taxation only works if it is implemented in step with visible service delivery and development. Tax compliance barriers and internally generated revenue. In reducing dependencies and attempting to increase disposable revenues, the cost and efficiencies of administering internally generated revenues must be taken into. Nigerias richest state in 2016 by internallygenerated revenue. It is now recommended that oyo state government should look inward on how more internal revenue will be generated extensively in the state in order to achieve micro objectives of the government, and to eradicate the paucity of government revenue. Forum ngf plans a peerlearning workshop to assist states to boost internal revenue generation. Read all the latest news, breaking stories, top headlines, opinion, pictures and videos about internally generated revenue from nigeria and the world on today. The national bureau of statistics, nbs in its latest report has revealed how states across nigeria are performing in terms of internally generated revenue, igr. A total of n931 billion was generated internally across states in nigeria in 2017.
An assessment of internally generated revenue on local. Analysis of internally generated revenue and infrastructural development of public universities in ondo state, nigeria akinrotimi iyiomo oyetakin ph. Optimising internally generated revenue in nigeria 2 2 e run. Nbs noted that the total igr generated by states across the country in 2017 was n931. Findings, recommendations and conclusion major findings there is a looming danger of bankruptcy in most states in nigeria. Examining weak subnational finances in nigerian states chukwuma agu african institute for applied economics,enugu, nigeria abstract one of the most crucial challenges to nigerias ailing fiscal federalism is the inability of states to raise, retain and manage revenue.
Get free research paper on evaluation of internally generated revenue and economic growth of kano state from 19992014 project topics and materials in nigeria. Pdf analysis of internally generated revenue and its. Revenue generation in local government areas problems and prospects includes abstract and chapter one, complete project material available revenue generation in local government areas problems and prospectsabstractthe adverse situation in the various local government areas of nigeria has led the researcher to go into this very topic. Aggressive increase in internally generated revenue igr is the viable option to the problem of underfunding in nigeria universities for the purpose of academic excellence. The paper leverages on available literatures to revalidate the inevitability of igr as long as the government or other university proprietors fails to provide adequate funding for the universities operating. Examining weak subnational finances in nigerian states chukwuma agu african institute for applied economics,enugu, nigeria abstract one of the most crucial challenges to nigeria s ailing fiscal federalism is the inability of states to raise, retain and manage revenue. D 1department of educational management, faculty of education, adekunle ajasin university, akungbaakoko, ondo state, nigeria. The national bureau of statistics nbs last week released some interesting data set on the internally generated revenue igr profiles for nigerias 36 states between 2010 and 2012. Government revenue positively, strongly, significantly and statistically in oyo state. Fiscal federalism, governance and internally generated revenue. Abstract local government is faced with varieties of difficulties to source adequate revenue from federal government, state government and internally generated. Framework for internally generated revenue enhancement fire.
Modeling internally generated revenue igr of local. This study assessed the effects of internally generated revenue on infrastructural development in akwa ibom state. Imo is a hub for business and there is no better place to invest now in nigeria than imo state. The purpose of the study was mainly to identify the major sources and utilization of internally generated financial revenue by nigerian university administrators. Internally generated revenue state governments and statecontrolled entities local governments collect and control all revenues generated from personal income tax, property tax, road tax, radio and television tax, among others. Internally generated revenue across states in nigeria in 2017.
To navigate through the ribbon, use standard browser navigation keys. To raise its internally generated revenue, the osun state government on monday announced that butchers in the state would henceforth pay n700 as levy for every cow slaughtered for sale in the state. Revenue generation in local government areas problems and prospects includes abstract and chapter one, complete project material available revenue generation in local government areas problems and prospectsabstractthe adverse situation in the various local government areas of nigeria has led the researcher to go into this very. Most tertiary institutions in nigeria have set up internally generated revenue units to source for funds in order to use in assisting government to finance the institutions.
This paper discusses the role of internally generated revenue igr as inevitable alternative funding for higher education in nigeria. Internally generated revenue unit in higher institution therefore is to serve as relief to government expenditure. To raise its internallygenerated revenue, the osun state government on monday announced that butchers in the state would henceforth pay. All employers of labour are expected to register with the relevant tax authority as. It is the hydro carbon capital of nigeria, providing the main hub of activities in the oil sector. Overall, government revenue can be divided into oil revenue and nonoil revenue and these have been highlighted below. Nov 29, 2016 so, today i will consider the top richest state in nigeria 2016 based on the internally generated revenue igr of each state. President buhari ends budget impasse, signs 2016 appropriation bill into law this budget is a budget of faith for the nigerian people. This motivated investigation of the components as contributory factors to the volatility.
This means that the state depends almost entirely on its statutory grant from the federal government to execute its programmes. If the smes gdp contribution could be translated into tax revenue, governments internally generated revenue could make significant appreciation ali et al. Optimising internally generated revenue in nigeria 3 3 e introduction this paper a leap deliverable has been commissioned to provide a contextual study of factors linked to effective internally generated tax development5, in line with leaps objective to promote the generation and use of evidence on key public sector reform policy questions. Lagos declares n436 billion internally generated revenue. Again, its me scholes0, your nairaland statistician general state rank.
Aug 23, 2016 the impact of personal income tax on revenue generation in nigeria a case study of lagos government by nd14acctft002 supervised by. This is approved for students in accountancy business computer science economics engineering arts. Pdf internally generated revenue igr and infrastructural. This paper discusses financing higher education in nigeria. States go after small businesses to boost internally. Internally generated revenue news latest breaking stories. Internally generated revenue of nigerian states trends. Alternative strategies for improving internally generated. Impact of internally generated revenue on performance of. Trbt, total tax revenue after tin trat, internally generated revenue before tin igrbt and internally generated revenue after tin igrat. The effect of internal revenue generation on infrastructural. Further, 3 increasing igr in a way that does not increase poverty depends on the instruments used and the specific economic conditions in a given state. Data for this work are monthly internally generated revenue collected from the budget, planning, research and statistics bprs department of the local government from 1998 to 2012.
Data sourced from the annual reports of central bank of nigeria for the same period were used. Rivers state and revenues rivers state is ranked as the second largest economy in nigeria, preceded only by lagos state. Internally generated revenue state governments and statecontrolled entities local governments collect and control all revenues generated from personal income tax, property tax, road tax, radio and television tax among others. With declining global oil prices putting increasing pressure on states to explore alternative ways to shore up their revenue earnings, only 11 of nigerias 36 states improved their internally. Pdf challenges of expanding internally generated revenue in. To find out if lack of financial autonomy constitutes a problem to internally generated revenue in njikoka local government. The paper examined the measures of generating internal revenue for government in oyo state. With the lingering economic struggles, there have been renewed calls for the nigerian government to diversify the economy away from the oil and gas sector. Developing internally generated revenue in an era of. Nigeria government revenues 20102019 data 20202022. Narrowing down to the case study, ebonyi state board of internal revenue, abakaliki, ebonyi state was created on 1 st october, 1996 out of existing abia state and enugu state by the president and commander in chief of the armed forces of the federal republic of nigeria, general sani abacha. At the close of 2017, revenue generation by the nigeria customs service stood at n1. Internally generated revenue across states in nigeria in.
Volatility of internally generated revenue and effects of. The population of the study consisted of all the 102 university administrators from the seventeen federal universities in southern nigeria. Both secondary and primary data were used for the study. The average percentages of internally generated revenue in relation to the federal allocation were between 59 percent for most nonoil producing states in the recent past. The following are the processes and procedures provided in the personal income tax amended act 2011, to ensure the smooth running of the paye scheme. Assessment of the application of taxpayer identification. Internally generated revenue igr and effectiveness of.
Files a tricycle operator conveying commuters to their destinations. At a first glance, the data was not surprising as states in southern nigeria continue to show dominance in terms of economic activity. These are issues dealing with external sources of local government revenue. Sources of government revenue in nigeria nigerian finder. Nigeria is the lowest in africa in terms of budgetary. Internally generated revenues igr are revenues generated by states within the nigerian federation, independent of their share of revenue from the federation account. Revenue generation is the nucleus and the path to modern development. Fiscal federalism, governance and internally generated. Provision of funds for the academic libraries has been one of the challenges to adequate availability of information resources. The dependency of nigerian states on remittances from the federal government is well known. Lagos generates more igr than 31 states combined vanguard news. The role of internally generated revenues and how university managements can maximize the sources 10 needs that the government is not able to provide for in a given budget period.
To proffer solution to the problem of poor internal revenue generation. The ols regression of igr volatility on the kcomponents. This paper considers the time series modeling of internally generated revenue of ikot ekpene local government area of akwa ibom state in nigeria. May 29, 2017 the states with the poorest internally generated revenue of less than 10% in the south are imo, bayelsa, ekiti, and ebonyi states while in the north we have niger, nasarawa, sokoto, katsina, gombe. The lagos state commissioner for economic planning and budget, mr. A number of studies have been carried out on problems of revenue generation in nigeria. Challenges of expanding internally generated revenue in local government council areas in nigeria article pdf available november 2015 with 2,782 reads how we measure reads.
Nbs data reveals how much nigerian states generated. This is the latest report by the nigeria bureau of statistics on the amount of internally generated revenue igr by nigerian states for the 2015 fiscal economic year. Effective university leadership as predictor of academic. The byelaws on finance prescribe the items of revenue, the amount and the mode of collection as the basis for incidence. We are however conscious of the need to ensure efficiency in the.
Tax legislation are the acts governing taxation in nigeria. Problems of internally generated revenue for local. Lagos, rivers, delta lead others in internally generated. Alternative strategies for improving internally generated revenue igr of state universities in.
It was discovered that the growth rate of internally generated revenue of state governments in nigeria. Other poor internal revenue earners are gombe which generated n2. This is because the state as the second tier of government needs revenue to. This report is the summary of a scoping study meant to serve as input into the process. To achieve this objective the paper null hypothesised that.
States go after small businesses to boost internally generated revenue. Olusegun banjo, has said that the state government recorded internally generated revenue igr of about n103. In this work, volatility of internally generated revenue of akwa ibom state with the contributory effects of its components was the major interest. Most institutions rely on institutional revenues to be made available to the libraries at appropriate and available period. Yobe state generated the least internal revenue in 2017. Tax collection is the implementation of the measures tax policies and tax laws put in place by a statutory government institution for the purpose of generating and aggregating revenue for the government.