Amid notable increase in internally generated revenue (IGR), most states in Nigeria significantly relied on federal allocations in 2023, a report has shown.
The new details are contained in BudgIT’s 2024 “State of States” report titled “Moving Healthcare Delivery from Suboptimal to Optimal”, launched on Tuesday.
The civic-tech organisation revealed that the combined revenue of the 36 states grew by 31.2 per cent year-on-year to reach N8.66 trillion, amid continued dependence on funds from the Federation Account Allocation Committee (FAAC) to cover operational costs.
