The recently released 2023 edition of BudgIT’s annual ‘States of States’ report, Lagos and Kaduna have placed Lagos and Kaduna states as the only two states out of Nigeria’s 36 to generate more revenue than needed to cover their operating costs.
Titled ‘Subnational Healthcare Delivery for Improved Economic Development,’ the report emphasises the crucial role of healthcare delivery in promoting economic development and evaluates the fiscal performance of all states.
According to Nancy Odimegwu, Communications Associate of BudgIT, this year’s report highlights the remarkable fiscal performance of Lagos and Kaduna, showcasing their ability to generate surplus revenue despite economic challenges.
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The report ranks states from the most to the least sustainable and also delves into the state of healthcare delivery at the state level.
In a surprising development, Anambra State made its debut in the fiscal performance table, denoted as “Index A,” while Rivers State maintained its position at the top for the fourth consecutive time.
However, Cross River slipped from the top five, now standing in ninth place.
On a positive note, Adamawa State exhibited significant improvement, climbing ten places to the 23rd position from its previous ranking of 33.
Nancy Odimegwu added that Adamawa State’s progress is a testament to the state’s commitment to enhancing its economic standing.
Conversely, Kebbi State experienced a considerable decline, dropping 13 places to the 28th position in the fiscal performance ranking.
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Additionally, states like Taraba, Katsina, Bayelsa, and Zamfara required over seven times their internally generated revenue (IGR) to cover their operating costs, underscoring the financial challenges they confront.
BudgIT hopes that the report will serve as a valuable resource for engagement and advocacy efforts aimed at improving fiscal performance and healthcare delivery at the state level, ultimately contributing to the enhancement of economic development.