Revenue allocation

In spite of the country’s dwindling revenue and alarming debt profile, many state governors are maintaining huge numbers of political appointees, thereby constituting a huge burden on their states’ lean resources and increasing the cost of…

Revenue allocation to federal, state and local governments has declined from a peak of N970.57bn in July 2021 to N680.783bn in May 2022, representing a 30 per cent reduction over the period. The decrease in allocation to these levels of…