Top 6 States that Can Confidently Survive without Any Federal Allocation

Follow Us On: Facebook | Twitter | Instagram | Telegram | Google News! and Win Hundred Thousand.
News Tips & Advert: Contact Us

The viability index of states using each state’s Internally Generated Revenue (IGR) as a percentage of its federal accounts allocation for the year was measured.

States with an Internally Generated Revenue of less than 10% of their total receipts from the federal allocations are considered insolvent.

States listed as those that can survive without federal allocation: Lagos, Rivers, Ogun, Kaduna, Oyo, and Anambra.

Lagos in 2020 collected a federal allocation of 299 billion naira but g ... Tap here to Get More Details, Photos or Video >>>. Please Don't forget to share and leave comments below 🙏 Let's hear from you.

0/Post a Comment/Comments