JUST IN: FG disburses ₦123.348bn grants to states


By Nduka Chiejina (Assistant Editor)

The Federal Government has disbursed ₦123.348billion (USD324.6million) to states under its States Fiscal Transparency Accountability and Sustainability (SFTAS) Programme for Results.

Minister of Finance, Budget and National Planning, Mrs. Zainab Shamsuna Ahmed disclosed this in a statement signed by Mr. Hassan Dodo, the Ministry’s Director of Press and Public Relations, Wednesday in Abuja.

The finance minister explained that the disbursement followed the achievement of results by the states in the just concluded 2019 Annual Performance Assessment (APA).

Mrs. Ahmed said the disbursement included N91.048 billion (USD239.6 million) of performance-based grants for the 2019 APA results achieved by 32 Eligible States across various Disbursement Linked Indicators (DLIs) covering fiscal transparency, accountability, expenditure efficiency, revenue mobilization and debt sustainability.

States received grants in line…



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