Senior Economist and SFTAS Team Leader, World Bank Office in Nigeria, Yue Lee, made the disclosure at the ongoing Federation Account Allocation Committee 2020 Retreat in Lagos.
It aims to improve their revenue base, increase fiscal efficiency in public expenditure and reduce their debts with a grant of $750 million open to the 36 states between 2018 to 2021, according to their performances. She said they also include strengthened Internally Generated Revenue collection, Biometric Registration and Bank Verification Number to reduce payroll fraud and improved procurement practices.
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