This move is part of a greater plan to engender transparency in our budgets, as well as demand better accountability from our various state governors across the federation.
The document had some revealing details, some shocking details, as well as some downright damning ones. I guess reality is truly different from state-sponsored propaganda and social media rhetoric.
Ability Of States To Meet Recurrent Expenditure
In this category, the states are ranked by the figures realized after subtracting the total monthly salaries paid by the states from their monthly income. The states in red are states whose monthly incomes are unable to meet up with the monthly wage bill. In other words, states that are unable to pay their salaries without having to borrow. States in green, on the other hand, are states whose monthly incomes are enough to adequately pay salaries and still have some leftovers for other engagements.
This is the table:
From the table above it can be deduced that Lagos, Rivers, Delta, Katsina and Enugu are the top 5 states with the highest leftover cash even after meeting monthly obligations; while Osun, Plateau, Ogun, Nasarawa and Oyo are the bottom 5 states as well as the states with the greatest inability to meet monthly payments without having to borrow.
Perhaps interesting to note, is the fact that Osun state's monthly shortfall is larger than the monthly shortfalls of Ekiti, Bauchi, Abia, Kaduna, Zamfara, Imo and Gombe, combined.
On a region-by-region basis, it can also be deduced that:
1. In the South-South, all other states are green except Bayelsa and Akwa Ibom.
2. In the South-East, Enugu, Ebonyi and Anambra are able to meet recurrent obligations, but Imo and Abia are unable to.
3. In the South-West, Lagos is the only state currently meeting its recurrent obligations while all other sister states, Ekiti, Ondo, Oyo, Ogun and Osun, are unable to.
4. Taraba and Yobe are the only North-Eastern states without monthly shortfalls
5. Niger, Benue and Kogi are the only North-Central states currently without shortfalls.
6. Zamfara and Kaduna are the only North-West states with shortfalls.
Internally Generated Revenue
This was published a few weeks ago, but republished three days ago...
