N800m facility to each state, a necessary but avoidable evil—World Bank
Barely few days after the federal government doled out N800m each to 28 cash-strapped states to pay backlog of salaries, the World Bank has called for caution, saying with the shortfall in revenue, fiscal pressure persists at state levels, putting…
W/Bank ready to assist States to strengthen fiscal sustainability plan
As part of its contributions in aid of states coming out of recession and fiscal imbalance, the World Bank Group has offered to assist state governments in Nigeria to improve their fiscal sustainability by strengthening and consolidating the Fiscal Sustainability…