Dwindling Oil Revenue: Yobe, Zamfara, Borno and Northern Nigerian states on the brink of bankruptcy

L L- R: Governors Abdulaziz Yari of Zamfara State, Yahaya Bello of Kogi and Bindo Jibrilla of Adamawa at the National Economic Council Meeting in Abuja on Thursday, April 28, 2016. NAN Photo


An investigation by the Economic Confidential has shown that 15 Nigerian states may go bankrupt as their Internally Generated Revenues (IGR) in 2015 were far below 10% of their Federation Account Allocations (FAA) in one year from June 2015 to May 2016.

Liars! No LGs under Boko Haram control - Yobe and Bornu governors contradict each other

Liars!  No LGs under Boko Haram control - Yobe and Bornu governors contradict each other

Governor Ibrahim Gaidam of Yobe State has rubbished the claim credited to his Borno State counterpart, Alhaji Kashim Shettima, who reportedly told last Wednesday’s National Economic Council (NEC) in Abuja that “five local government areas in the two states are still under Boko Haram control.”