Internally generated revenue and state viability: comparative analysis of two states in Nigeria
This study undertook a comparative analysis of internally generated revenue (IGR) in Lagos and Edo State between the period 2011 and 2016. This was geared towards an efficient and effective IGR in Edo State. The progress recorded by Edo state government towards boosting the State IGR between 2005 and 2017 was also examined. Towards this end, a lucid descriptive analysis was carried out. Though the analysis showed that the total tax compliance indicators for Lagos State is high compared to that of Edo State, the amount generated as IGR in Edo State was far below what was generated by Lagos State government. It was also observed that there was improvement in the volume of Edo State IGR owing to the decisive steps taking by the government of the state in the period of investigation. Recommendations such as engagement of services of tax consultant and adoption of practices that will further enhance IGR in Edo State were put forward.
Keywords: Analysis, State Viability, Revenue, Nigeria
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