1. EKITI STATE OF NIGERIA
NOTES TO THE FINANCIAL STATEMENTS
FOR THE MID-YEAR ENDED 30TH JUNE, 2017
NOTE 2A
INTERNALLY GENERATED REVENUE (IGR)
ECONOMIC HEAD DETAILS AMOUNT AMOUNT
CODE
OLD
CODE N N
TAX REVENUE
(a) 1201 401 Taxes:
12010101 Pay AsYou Earn 1,425,845,548.78
12010112 Direct Assessment 86,013,615.50
12010106 Development Levy 13,380,628.24
12010106
Ekiti Comm Dev. Levy
(TREASURY) 81,906,454.32
12010107 Capital Gains Tax -
12010110 Withholding Tax 443,926,882.13
Back Duty Assesment -
TAX AUDIT 18,587,375.64
Sub-total Taxes 2,069,660,504.61
2. 1202 NON TAX REVENUE
(b) 120204 402 Fees and Fines 782,257,648.45
(c) 120201 403 Licences 54,654,751.74
(d) 120207 404 Earnings and Sales 6,760,000.00
(e) 120208 405 Rent on Govt. Properties 11,082,700.00
(f) 120211 406
Government Investment
(Dividend)
(g) 120213 407 Reimbursement -
(h) 408 Miscellaneous -
(i) 120212 Bank Interest -
Pool Betting Lotteries 4,460,000.00
(j) 120206 Sales of unserviceable assets -
(k) 120204 Legal Fees 62,480,771.47
(l) 120204 Examination Fees -
(m) 409 Parastatals (note 2B) 2,820,660,999.42
Sub-total Non-tax Revenue 3,742,356,871.08
TOTAL 5,812,017,375.69
