BudgIT, a civic advocacy society that uses technology to intersect citizen engagement with improved governance, says Rivers State tops ranking in the fiscal sustainability index report of 2020.
This was contained in the 2020 edition of its annual ‘States of States’ report, ‘Fiscal Sustainability and Epidemic Preparedness Financing at the State level.’
The report is BudgIT’s signature analysis that provides policymakers with insights on ways to implement financial and institutional reforms that will improve states’ fiscal performance and sustainability level.
BudgIT said, “Without a doubt, soaring debt burden, imprudent fiscal planning, and nearly a decade of misplaced expenditure priorities have beaten a clear path to fiscal crisis for many Nigerian states.”
It added, “This is veritably evident in our just-released 2020 Fiscal Sustainability Index where some states rank higher than others and most are still below the sustainability point.
“Rivers State occupies the number one position on the index, followed by Anambra, Ogun, and Lagos. Among the states that are not fiscally sustainable, Bayelsa, Osun, Ekiti, and Plateau occupy the least positions.”
