While pointing to Ogun State’s status as Nigeria’s topmost investment destination after Lagos, the report showed that the Gateway state outperformed Rivers State, which joined Lagos and Ogun on the list of economically viable states for the year 2022, along with Kaduna, Kwara, Oyo and Edo States.
According to Economic Confidential, the report, compiled from figures released by the Nigerian Bureau of Statistics (NBS) and the Federal Account Allocation Committee (FAAC), showed that while Lagos received the sum of N370, 921, 413, 425.62 from the Federation Account and generated N651,145, 633.085 as Internally Generated Revenue (IGR), while Ogun received N113,404, 027,439.22 from the Federation Account and generated N120,548, 157,140.78 internally.
