States spend more than earned, may continue reliance on FAAC income
Seven states recorded negative growth in their internally generated revenues (IGRs) last year just as 80 per cent of the earned income of 21 others came from the federation account in the face of rising cost of governance, indicating the severity of the fiscal crisis facing the sub-nationals.
Collins Olayinka (Abuja), Lawrence Njoku (Enugu) and Ann Godwin (Port Harcourt)
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