FG says it has disbursed N43.42 billion to 24 eligible states based on their achievements under the performance-based grant component of the World Bank
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Kaduna State, which achieved the highest results, got the highest share of the grant N3.96 billion, while Katsina and Benue got the lowest amount of N540 million each. Mr Dodo said the assessment was carried out by the Office of the Auditor-General for the Federation as the Independent Verification Agent in collaboration with a third-party firm, JK Consulting Limited, and the SFTAS Programme Coordination Unit .
Mrs Ahmed said the DLIs were derived from the country’s 22-point Fiscal Sustainability Plan and the 14 Open Government Partnership commitments to strengthen fiscal transparency, accountability and sustainable development across all states of the federation.On the highlights of the eligibility criteria the states had to meet to be eligible, these included the online publication of the approved annual budget and audited financial statements for the previous year.
“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 minister said.
The programme began in 2018, with only 24 states meeting the eligibility criteria set by the World Bank.
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