The Nigerian Government has paid out N123.35bn performance-based grants to state government as part of its States Fiscal Transparency Accountability and Sustainability Programme for Results project of the World Bank.
The Minister of Finance, Budget and National Planning, Zainab Ahmed, stated that the disbursement was carried out following the achievement of results by the states in the just concluded 2019 Annual Performance Assessment.
A statement signed by the Director of Press and Public Relations at the Ministry of Finance, Budget and National Planning, Hassan Dodo, on Wednesday made this known.
According to her, the assessment was carried out by the Office of the Auditor-General for the Federation as the independent verification agent and approved by the programme coordination unit of the finance ministry.