Alternative strategies for improving internally generated. Data sourced from the annual reports of central bank of nigeria for the same period were used. We are however conscious of the need to ensure efficiency in the. Internally generated revenue archives the guardian nigeria. Its impact on government developmental effort a study of selected local council in kogi east senatorial district edogbanya, adejoh.
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. Sources of government revenue in nigeria nigerian finder. Universities are expected to be centres of academic excellence in teaching, knowledge dissemination and developmental researches. Impact of internally generated revenue on performance of.
To find out if lack of financial autonomy constitutes a problem to internally generated revenue in njikoka local government. President buhari ends budget impasse, signs 2016 appropriation bill into law this budget is a budget of faith for the nigerian people. In 2017, lagos state accounted for approximately 35. Nigerian states by internally generated revenue igr. All employers of labour are expected to register with the relevant tax authority as. Modeling internally generated revenue igr of local. Rivers state and revenues rivers state is ranked as the second largest economy in nigeria, preceded only by lagos state. This paper considers the time series modeling of internally generated revenue of ikot ekpene local government area of akwa ibom state in nigeria. Fiscal federalism, governance and internally generated revenue.
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. Overall, government revenue can be divided into oil revenue and nonoil revenue and these have been highlighted below. The lagos state commissioner for economic planning and budget, mr. 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. 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. Internally generated revenue igr and infrastructural. At the close of 2017, revenue generation by the nigeria customs service stood at n1. States go after small businesses to boost internally generated revenue. Lagos, rivers, delta lead others in internally generated. Internally generated revenues igr are revenues generated by states within the nigerian federation, independent of their share of revenue from the federation account.
The byelaws on finance prescribe the items of revenue, the amount and the mode of collection as the basis for incidence. 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. If the smes gdp contribution could be translated into tax revenue, governments internally generated revenue could make significant appreciation ali et al. 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. The purpose of the study was mainly to identify the major sources and utilization of internally generated financial revenue by nigerian university administrators. Inspite of the recession, the state is still flourishing. This is approved for students in accountancy business computer science economics engineering arts. The internally generated revenue igr covered operating expenses to the tune of 124.
Assessment of the application of taxpayer identification. Lagos generates more igr than 31 states combined vanguard news. 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. Our analysis of data revealed that, the internally generated revenue. An assessment of internally generated revenue on local. To navigate through the ribbon, use standard browser navigation keys. Internally generated revenue unit in higher institution therefore is to serve as relief to government expenditure. The average percentages of internally generated revenue in relation to the federal allocation were between 59 percent for most nonoil producing states in. Trbt, total tax revenue after tin trat, internally generated revenue before tin igrbt and internally generated revenue after tin igrat. Lagos states internally generated revenue rose to n76. D 1department of educational management, faculty of education, adekunle ajasin university, akungbaakoko, ondo state, nigeria. Imo is a hub for business and there is no better place to invest now in nigeria than imo state. Forum ngf plans a peerlearning workshop to assist states to boost internal revenue generation.
To proffer solution to the problem of poor internal revenue generation. Problems of internally generated revenue for local. Pdf analysis of internally generated revenue and its. The ols regression of igr volatility on the kcomponents.
Olusegun banjo, has said that the state government recorded internally generated revenue igr of about n103. Other poor internal revenue earners are gombe which generated n2. Analysis of internally generated revenue and infrastructural development of public universities in ondo state, nigeria akinrotimi iyiomo oyetakin ph. 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. May 17, 2017 the dependency of nigerian states on remittances from the federal government is well known. To determine what accounts for the inability of revenue collectors to collect internally generated revenue in njikoka local government. Internally generated revenue across states in nigeria in. Effective university leadership as predictor of academic. The dependency of nigerian states on remittances from the federal government is well known.
Autoregressive conditional heteroscedasticity arch 1 model adopted revealed volatility in the igr. Internally generated revenue news latest breaking stories. Project topic on revenue generation in local government areas. This motivated investigation of the components as contributory factors to the volatility. There is no significant relationship between expenditure and internally generated revenue of local governments in adamawa state, nigeria. Provision of funds for the academic libraries has been one of the challenges to adequate availability of information resources. 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. Read all the latest news, breaking stories, top headlines, opinion, pictures and videos about internally generated revenue from nigeria and the world on today.
Lagos state generates more igr than 32 states combined. Volatility of internally generated revenue and effects of. Internal sources of revenue generation seem highly ignored and could contribute to low revenue base of local governments. 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. Lagos declares n436 billion 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. A number of statistical tools including tables and regression were used to analysed the data and tests the hypotheses formulated. Yobe state generated the least internal revenue in 2017. The lagos, rivers, and delta state governments led the remaining states in internally generated revenue, igr, in the last four years. 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. Internally generated revenue of nigerian states trends. To raise its internallygenerated revenue, the osun state government on monday announced that butchers in the state would henceforth pay. This study assessed the effects of internally generated revenue on infrastructural development in akwa ibom state.
The importance, how to, effect causes relationship, comparison, history, role, solutions are discussed. Internally generated revenue across states in nigeria in 2017. The internally generated revenue igr improved to n1. At a first glance, the data was not surprising as states in southern nigeria continue to show dominance in terms of economic activity. 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. This paper discusses financing higher education in nigeria. However these stats are a useful and worrying guide to each states internally generated revenue igr.
Nbs data reveals how much nigerian states generated. Files a tricycle operator conveying commuters to their destinations. Framework for internally generated revenue enhancement fire. Taxation only works if it is implemented in step with visible service delivery and development. Lagos, rivers, delta lead others in internally generated revenue, igr by atlwireles. 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. Nigeria is the lowest in africa in terms of budgetary. 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. Nigerias richest state in 2016 by internallygenerated revenue. A number of studies have been carried out on problems of revenue generation in nigeria. The paper examined the measures of generating internal revenue for government in oyo state. It was discovered that the growth rate of internally generated revenue of state governments in nigeria.
Fiscal federalism, governance and internally generated. 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. 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. The population of the study consisted of all the 102 university administrators from the seventeen federal universities in southern nigeria. In 2016, lagos state accounted for approximately 37% of total internally generated revenue collected by states.
Optimising internally generated revenue in nigeria 2 2 e run. Aug 23, 2016 the impact of personal income tax on revenue generation in nigeria a case study of lagos government by nd14acctft002 supervised by. 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. Government revenue positively, strongly, significantly and statistically in oyo state. Developing internally generated revenue in an era of. This paper discusses the role of internally generated revenue igr as inevitable alternative funding for higher education in nigeria.
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. Internally generated revenue at state level january to june 2016 2. States go after small businesses to boost internally. 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. 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. 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. Again, its me scholes0, your nairaland statistician general state rank.
Pdf internally generated revenue igr and infrastructural. Tax legislation are the acts governing taxation in nigeria. Pdf challenges of expanding internally generated revenue in. To achieve this objective the paper null hypothesised that. The effect of internal revenue generation on infrastructural. This means that the state depends almost entirely on its statutory grant from the federal government to execute its programmes. It is the hydro carbon capital of nigeria, providing the main hub of activities in the oil sector. In this work, volatility of internally generated revenue of akwa ibom state with the contributory effects of its components was the major interest. 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. 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. Revenue generation is the nucleus and the path to modern development. Both secondary and primary data were used for the study. 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.
Alternative strategies for improving internally generated revenue igr of state universities in. 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. 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. 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.
This report is the summary of a scoping study meant to serve as input into the process. 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. Findings, recommendations and conclusion major findings there is a looming danger of bankruptcy in most states in nigeria. Abstract local government is faced with varieties of difficulties to source adequate revenue from federal government, state government and internally generated. Get free research paper on evaluation of internally generated revenue and economic growth of kano state from 19992014 project topics and materials in nigeria. 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.
These are issues dealing with external sources of local government revenue. Most institutions rely on institutional revenues to be made available to the libraries at appropriate and available period. This is the significance of the difference between lagos and other states in the federation. A total of n931 billion was generated internally across states in nigeria in 2017. 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. 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.
Nigerian states by internally generated revenue igr 2015. Nigeria government revenues 20102019 data 20202022. Nigerian states and internally generated revenue logbaby. Tax compliance barriers and internally generated revenue. Lagos state retains its number one position in igr with a total revenue generation of n268. This is because the state as the second tier of government needs revenue to. Developing internally generated revenue in an era of diversification. 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. 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. Internally generated revenue igr and effectiveness of.
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