Nigeria: Lagos leads in viability index, as Bauchi, Yobe, Borno, Kebbi, Katsina emerge most insolvent states – Report

The Annual States Viability Index ( ASVI) complied by Economic Confidential, Nigeria’s leading economic magazine has revealed that 17 of the nation’s 36 states are insolvent as their Internally Generated Revenues (IGR) in 2017 were far below 10% of their receipts from the Federation Account Allocations (FAA) in the same year.

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