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As Nigeria's economic crunch continues to ravage the country six states have been declared insolvent according to seventh Annual States Viability Index (ASVI) report released by Economic Confidential. The six states are; Bayelsa, Kebbi, Katsina, Akwa-Ibom, Taraba and Yobe. The identified states may not be able to survive without the monthly revenue allocation from the Federation Account Allocations Committee (FAAC), the report indicated.

The Economic Confidential has released its 7th ASVI which shows that six states are insolvent as their IGR in 2022 were below 10 percent

There’s something magical about the majestic stereo receivers of yesteryear. Apart from being magnificent examples of industrial design, they’re dead simple to operate while offering a full complement of features to ensure a great, though decidedly old-school, music listening experience, complete with analog power meters. And then there’s nostalgia… I still own (and recently refurbished) my first receiver — an Onkyo TX-2500 I bought for $200 in the mid-70s.

The 36 states and the Federal Capital Territory generated N1.925 trillion as Internally Generated Revenue in 2022. The National Bureau of Statistics

The National Bureau of Statistics has announced Lagos, Rivers and the Federal Capital Territory as the most viable states with the highest Internally