27 states face bankruptcy

From the Senate came the gloomy news yesterday that the financial accounts of 27 states are in the red as some of them have been declared either distressed or gloomy. Only Abia, Akwa Ibom, Anambra and Jigawa states were given a clean bill of health. The six states that are in financial distress are: Kano, Sokoto, Niger, Zamfara, Katsina and Osun. Those deemed critical are: Ekiti, Plateau, Benue, Edo, Borno, Adamawa, Cross River, Enugu, Taraba, Ogun, Kogi, Yobe, Ebonyi, Ondo and Kaduna. In the unhealthy cadre are: Oyo, Bauchi, Bayelsa, Nasarawa,
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