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Top 10 Poorest States in Nigeria

Top 10 Poorest States in Nigeria

Top 10 Poorest States in Nigeria

The rating / list of the top 10 Poorest States in Nigeria is based on the sustainability Index of each state, which takes into consideration the Internally Generated Revenue (IGR), Recurrent Expenditure and the Total Debt of each State.

Pls Note: if the rating is based on just the Internally Generated Revenue, the list will be different, some states in this list will probably be amonng the richest in Nigeria.

Definition of terms

By Internally Generated Revenue; we mean the total amount the state makes for a year.

Recurrent Expenditure; the amount remaining, either positive or negative, after paying staffs and all required payments

Total Debt Stock; This is the total amount of money the state is owing from money borrowed

Calculation of the Sustainability Index

Index A = Revenue Generated / IGR + Derivation + Vat

Index B = Revenue Generated / Total Revenue

Index C = Total Debt Stock / Total Revenue

Sustainability Index = ((Index A x 35) + (Index B x 50) + (Index C x 15)) / 15

Scores = 100 / Sustainability Index

Hence Sustainability Index will be written as SI, Monthly Internally Generated Revenue as MIGR, State Debt as SD

Starting from Number ten

Internally Generated Revenue State Debt
Av. Monthly R. R After m. R. E. Sustainability


1 Plateau 8.28bn 84bn+ -3.22bn+ 2.75
2 Osun 8.51bn 52bn+ -3.45+ 2.81
3 Nassarawa 4.08bn 44bn+ -1.63bn+ 2.90
4 Borno 2.76bn 29bn+ -606mlln+ 3.28
5 Ekiti 3.46bn 39bn+ -512mlln+ 3.65
6 Adamawa 4.99bn 35bn+ -786mllnn+ 3.72
7 Bauchi 4.85bn 45bn+ -508n+ 3.77
8 Zamfara 3.14bn 18bn+ -281mlln+ 3.90
9 Ogun 17.49bn 91bn+ -1.96bn+ 4.11
10 Yobe 3.07bn 7bn+ +194mlln+ 4.27

Note: I said 2016, because we would continue to update this post

There you have it the top 10 Poorest States in Nigeria 2016, with relation to their sustainability index. Like us on Facebook or follow us on @ and remember to share the post with your friends.



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