Tough survival choices confront states — Experts

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  …Govs should explore AfCFTA platform, SMEs, rationalise cost, prune workforce’

By Peter Egwuatu, Assistant Business Editor, Nkiru Nnorom, Tunde Oso & Nnamdi Ojiego

Following the financial crisis across the 36 states of the federation, economic experts have suggested measures to be taken for the sub-national governments to survive.

As of press time, many states of the federation appear cash-strapped following the fall in revenue accruable to the federation account.

This has resulted in the drop in the monthly allocation to states from the Federal Account Allocation…