The Federal Government, Saturday, said it is finalizing a conditional Budget Support Facility to provide financial relief to State Governments based on the states meeting a set of stringent fiscal conditions.

The Finance Ministry, in a statement in Abuja, said the facility is aimed at providing support to the states to help them overcome their financial challenges.

The Ministry of Finance said the states would only be able to access the facility if they meet a stringent 22-point reform agenda called the Fiscal Sustainability Plan (FSP), that was approved by state governments, the National Executive Council, last month.

According to the Finance Ministry, the FSP encompasses a framework of reform measures including the requirement for the states to publish audited financial statements and budgets, biometric and Bank Verification Number (BVN) payroll review exercises to sanitise payroll costs, as well as limits on recurrent expenditure levels.

Other reforms, the Ministry said, will require states to set and meet targets to enhance Internally Generated Revenue (IGR), the establishment of Efficiency Units to reduce overhead costs, privatisation of State Owned Enterprises, domestication of the Fiscal Responsibility Act and limitations on securing further bank loans.

MoneyGreen:
The pessimist are the 5%ers.. The Wailers of the Wailing Wall.

FuckTheM0ds:
There is still hope for this country.
I love FG even though their promises are being delayed i still trust on them.
I remain optimistic.
Fvck the Pessimists

FuckTheM0ds:
--- yeah. The IPOB States, Massob States and all Bia'Fraud entities from the south east

MoneyGreen:
awon eyan Benjamin Netanyanhu

MoneyGreen:
awon eyan Benjamin Netanyanhu

modath:



Abeg nor kill person,


The scene of the other bloodbath still full of severed limbs, crushed skulls and knocked out teeth, e yaff do!!

FuckTheM0ds:
koyemi o Kilode?

MoneyGreen:
awon eyan Benjamin Netanyanhu

MoneyGreen:
awon lost sheep/goats of yisreal niyen..

FuckTheM0ds:
lol real lost sheep. The Shepherd is calling for the prodigal children (the south easterners) to return back to the "One Family"

FuckTheM0ds:
that's because of the high rate of illiteracy in nigeria.
Or are they blind viewers that cant see the link called "REPLY"

SIR IT'S NOT ALWAYS ABOUT THAT. ..

THEY'RE PROBABLY TOO REASONABLE,

TO NOT WANNA COMMENT JUNK ON EVERY THREAD JUST LIKE YOU,

INSTEAD OF PASSING BY WHENEVER THERE'S NOTHING REASONABLE TO CONTRIBUTE.

bejeiodus:
When will this breastfeeding system come to an end?