The federal government has disbursed N43,416,000,000.00 as grants to 24 eligible states on the basis of results achieved in 2018 under the performance-based grant component of the World Bank-Assisted States Fiscal Transparency, Accountability and Sustainability Programme-for-Results.
The 24 beneficiary states who met the eligibility criteria are Abia, Adamawa, Bauchi, Benue, Delta, Edo, Ekiti, Enugu,Gombe, Jigawa, Kaduna, Kano, Katsina, Kebbi, Kogi, Kwara, Niger, Ondo, Ogun,Oyo, Osun, Sokoto, Taraba and Yobe States. The minister listed the Eligibility Criteria which states have to meet in order to be eligible to receive any grants to include the online publication of their approved annual budget and audited financial statement for the previous year; and the DLIs that eligible states receive grants for achieving improved financial reporting and budget reliability.
She reiterated that the World Bank-assisted SFTAS Programme is principally to strengthen fiscal management at the state level so as to ensure effective mobilisation and utilisation of financial resources to the benefit of their citizens in a transparent, accountable and sustainable manner, thereby reducing fiscal risks and encouraging a common set of fiscal behaviours.
The 12 states which missed out on the 2018 grants for failure to meet the Eligibility Criteria are Akwa Ibom, Anambra, Bayelsa, Borno, Cross River, Ebonyi, Imo, Lagos, Nasarawa, Plateau, Rivers and Zamfara States.
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