BudgIT Reports Reveals Four States That Can Pay Salaries Without Borrowing

Only four states in Nigeria can pay salaries without resorting to lending, a new report by BudgIT, a civil society organisation, has shown. The report, State of State 2017, was launched on Thursday and released to the public on Friday. Important is states’ ability to meet their recurrent expenditure obligation with all revenue source — a test of prudent fiscal management. Kano, Katsina, via IFTTT