Following the bailout advanced to states in July 2015 and our estimation that such ad-hoc measure was not going to solve the problem of state financial non-viability but only postponing the ‘evil day’, the financial situations in the states of the federation are yet to improve. In fact, they are
```
Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```

Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp