Data compiled by BusinessDay show IGR of Lagos State of N418 billion is higher than that of 22 other states put together whose IGR are extremely low and poor.
The journey to true fiscal federalism in Nigeria took a bold leap last month after a Federal High Court in Port Harcourt ruled that the Federal Inland Revenue Service (FIRS) should not be responsible for collecting VAT in Rivers State.
The Port Harcourt ruling came at a time when states had been
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Oladehinde Oladipo
Dipo Oladehinde is a skilled energy analyst with experience across Nigeria's energy sector alongside relevant know-how about Nigeria’s macro economy.
He provides a blend of market intelligence, financial analysis, industry insight, micro and macro-level analysis of a wide range of local and international issues as well as informed technical rudiments for policy-making and private directions.
