In its fourth-quarter report 2018 States and FCT IGR released last week, 32 Nigerian States including the Federal Capital Territory (FCT) generated a total of N1.1 trillion in the year.

Within the period, Lagos, Rivers and Sokoto made the highest returns in IGR.

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Business Insider Sub-Saharan Africa by Pulse's analysis of the report shows that if Nigerian states were business ventures, four states made a loss during the trading year of 2018 in IGR collection.

Nigeria's IGR for four States in 2018 vs 2017 (National Bureau Of Statistics)
Nigeria's IGR for four States in 2018 vs 2017 (National Bureau Of Statistics)

The states are:

1. Abia state

  • 2017: N14.9 billion
  • 2018: N14.8 billion

2. Benue state

  • 2017: N12.3 billion
  • 2018: N11.2 billion

3. Cross River state

  • 2017: N18.1 billion
  • 2018: N17.5 billion 

4. Osun state

  • 2017: N11.7 billion
  • 2018: N10.3 billion