IGR: Ogun refutes BudgIT report as NBS confirms state’s true position

IGR: Ogun refutes BudgIT report as NBS confirms state’s true position


The Ogun State government has refuted the statistical agency, BudgIT Foundation’s widely publicised report on internally generated revenue across the 36 states of Nigeria titled “State of States, 2022 Edition” with respect to the state’s financial health status.

In a letter to the foundation’s director by the state Commissioner for Finance, Dapo Okubadejo, the state government described BudgIT Foundation’s ranking of Ogun State as having an IGR of N78.17bn for 2021 as inaccurate and misleading.

It provided the State’s Audited report from the Joint Tax Board and the state’s Audited Financial Statement, which put the state’s IGR for 2021 at N100.9 bn.

It, therefore, demanded a retraction of the said publication, which it said had caused the Gateway State reputational damage, and a publication of the updated figures and the true ranking of the state on BudgIT Foundation’s website.

The Ogun State government’s position has indeed been corroborated by the National Bureau of Statistics (NBS) which, on Tuesday, released the correct IGR figures for Ogun State, confirming the efforts by the Dapo Abiodun-led administration to put the economy on a sound footing and make Ogun Nigeria’s top investment destination.

News Source:


Read More