World Bank Advises Govt, States to Stop Payment of Petrol Subsidy THISDAYLIVE: Nigeria
Chaudhuri gave the warning at the weekend on the third day of the induction programme for newly elected and re-elected governors at the Banquet Hall of the Presidential Villa in Abuja.
He expressed concern over the rising debt profile of some states, warning that the situation could get worse, depending on the decision of the governments on the fuel subsidy regime. Issues around revenue generation, budgeting, and good governance dominated discussions that started on Monday, with some of the new inductees describing the orientation exercise as a good start for them.
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