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State income per person at $51 too low to drive needed investments

Published by BusinessDay on Sun, 25 Aug 2019


Nigerian state governments do not generate enough revenue internally and even when money from the Federation Allocation Account (FAAC) is added, they still have too little per person to make the needed investments. However, instead of looking inwards to grow revenues, state governments have overtime depended more on Abuja for monthly allocations, which is susceptible []
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