Amalgamation Day in Lagos, 1914

Amalgamation Day in Lagos, 1914

15 March, 2012

Some states are bankrupt

So says the Chairman of Revenue Mobilisation, Allocation and Fiscal Commission, though he was vague on the full details and didn't name any particular "bankrupt" state, which is par for the course when it comes to Nigerian officialdom.

I would like to see verified figures on all of the states' domestic debt totals, not just the deductions from the allocations of a few states.

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