States Receives N472bn World Bank-Assisted Fund – FG

Nigerian Concord Newspaper

The Federal Government, says states had received N471.9bn of the $1.5bn World Bank-assisted States Fiscal Transparency, Accountability and Sustainability Programme for Results.

It noted that in addition to the grant, all the 36 states had domesticated the fiscal reforms in their public financial management systems by adopting the appropriate processes and practices as well as legal and regulatory frameworks which were already yielding positive outcomes.

The Minister of Finance, Budget and National Planning, Dr Zainab Ahmed, disclosed this at the launch of the States Charter to sustain fiscal transparency, accountability and sustainability reforms at the State House Banquet Hall, Abuja.

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