Report Reveals Over 30 States Dependent on Federal Allocation
The 10th edition of the BudgIT State of States Report has revealed that over 30 states in Nigeria rely on Federal Account Allocation Committee allocations for their revenue, leading to fiscal pressures.
The report, titled ‘A Decade...
States To Lose N19bn In Oil, Gas Revenues In 2022 – World Bank
The World Bank has said that Nigerian states will likely lose N18.8bn in oil and gas revenues in 2022, as worsening revenue collection at the federation level increases budgetary pressures for the...
That Poor IGR of Nigerian States, by E. E Okpa
According to Economic Confidential publication, Nigeria states + Abuja FCT, produced 1.3Trillion Naira in IGR Or an equivalent of about $2.5 Billion.
IGR is statutory revenue states and local governments are authorized by law as supplement...
