Economic Confidential, an economic intelligence magazine recently published a report of total allocation received by states and the Internally Genarated Revenues accumulated by each state.
The report indicates that while some states are on the brink of bankruptcy, IGR of states like Lagos...
According to an investigation by the Economic Confidential, Fifteen States may go bankrupt as their Internally Generated Revenues (IGR) in 2015 were far below 10% of their Federation Account Allocations (FAA) in one year from June 2015 to May 2016.
The report further indicates that the IGR...
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