States across the federation are to enjoy a $1.5 billion grant through the States Fiscal Transparency Accountability and Sustainability, (SFTAS) programme meant to promote fiscal prudence and transparency. The SFTAS National Programme Coordinator (NPC), Mr Stephen Okon, made the disclosure at the weekend in Abuja at a workshop for finance journalists.

The 36 states of the federation are finding it difficult to generate sufficient internal revenue that is taxable from their domains due to the worsening insecurity and deplorable economic environment, the Nigerian Governors’ Forum (NGF) has said.