AKWA IBOM
Total Revenue 2011 - N252.06 Billion
Total Revenue 2020 - N176.96 Billion
Percentage Decrease - 30%
IGR 2011 - N11.68 Billion
IGR 2020 - N30.70 Billion
Percentage Increase -163%
FAAC 2011 - N240.38 Bn
FAAC 2020 - N146.27 Bn
Percentage Decrease - 39%
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DEBT STOCK - AKWA IBOM STATE
2011 - N50.97 Billion
2020 - N249.07 Billion
Percentage Increase - 389%
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Debt Per Capita - Akwa Ibom State
2011 - N11,019.04
2020 - N45,432.17
Percentage Increase - 312%
*2016 Population figures
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Debt to Revenue Akwa Ibom State
2011 - 20%
2020 - 141%
Percentage Increase 605%
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Share of Total Revenue - Akwa Ibom State
2011
- IGR: 5%
- FAAC: 95%
2020
- IGR: 17%
- FAAC: 83%
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Akwa Ibom State - IGR Breakdown (2018 - 2020)
PAYE - 75%
Other Taxes - 12%
MDA's - 11%
Road Tax - 1.2%
Direct Assessment - 0.7%
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Akwa Ibom State - Number of persons employed vs unemployed per sq km (2020)
- Employed: 171
- Unemployed - 178
- Not in Labor Force - 170
- Unemployment rate 51% (National Avg 33.3%)
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