Author: Nnaemeka Emma Chikezie Esq

In recent discourse, particularly on social media, the fiscal viability of the Nigerian States has become a topic of significant debate. This heightened conversation is largely triggered by two recent developments: the publication by the National Bureau of Statistics (NBS) of the internally generated revenue (IGR) figures of the 36 States and the Federal Capital Territory for 2023: a state’s capacity to generate a significant amount of revenue from internal sources as opposed to revenue derived from the statutory monthly allocation disbursed by the Federal Account Allocation Committee (FAAC) is a great measure of its fiscal viability, thus the significance…