REVENUE GENERATION
Government revenue is money received by a government. It is an important tool of the fiscal policy of the government and is the opposite factor of government spending. Revenues earned by the government are received from sources such as taxes levied on the incomes and wealth accumulation of individuals and corporations and on the goods and services produced, exports and imports, non-taxable sources such as government-owned corporations' incomes and allocated revenue accruing to the Federation Account between the Federal and State Governments.
Comparing levels of government revenues across states, as a share of GDP or per capita, provides an indication of the importance of the public sector in the economy in terms of available financial resources. The states were also compared in relation to how much revenue they generated internally to their overall revenue as well how their revenues compared to their budget spending.