Delta Governor Sheriff Oborevwori
The Delta State Government says it has increased its Internally Generated Revenue from about ₦84 billion in 2023 to over ₦200 billion, representing a growth of more than 138 per cent, through reforms and economic diversification initiatives under Governor Sheriff Oborevwori’s MORE Agenda.
The government disclosed this in a statement issued on Tuesday following an assessment visit by a delegation of the Revenue Mobilisation Allocation and Fiscal Commission to evaluate the state’s economic diversification and revenue generation initiatives.
The development comes amid growing efforts by subnational governments to strengthen internally generated revenue and reduce dependence on monthly allocations from the Federation Account.
Many states have intensified investments in agriculture, manufacturing, technology, tourism and other non-oil sectors to expand their revenue base and enhance fiscal sustainability.
