Only 4 States Can Salaries Without Borrowing [See LIST]

Sponsored Links

A new report by BudgIT, a civil society organisation, has shown that only four states in Nigeria can pay salaries without resorting to lending or going to Abuja for bailout funds.

The report, state of State 2017, was launched on Thursday and released to the public on Friday.

“Important is states’ ability to meet their recurrent expenditure obligation with all revenue source — a test of prudent fiscal management.

The states are:

1. Kano,


2. Katsina,

 

3. Rivers and

4. Lagos top that portion of the index.

“In effect, only four states could meet their recurrent expenditure obligation without resorting to borrowing or tapping donor funds and other extra-budgetary revenue sources.”

Majority of the states lost large portions of the federal accounts allocation committee (FAAC) monthly allocation to monthly deductions over debts.

Follow Us on Twitter!

Like Us on Facebook!
Do You Need a Sugar Mummy, Sugar Daddy, Girlfriend, Boyfriend Wife or Husband? If Yes, Then Click Here For Details

Video: Tanzania Girls having a $ex game in PUBLIC in exchange for MONEY	Video: Why Should A Married Woman Engage In This Mess? [See What Tuface’s Wife Was C@ught Doing]
OMG!!! Students was asked to perform the Practical of Topic that was treated in Biology – YOU WONT BELIEVE WHAT THEY DID	Video: WTF!!! You Won’t Believe What This Naija Girl is Doing….[ADULTS ONLY]
Download VIDEO of A Kenyan Pastor and Choir Mistress Doing Things in Private	Video: Runs Babes in action fighting dirty, stri.ping themself nakked over a Man