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Punch Newspapers Sections Published 2:14 am  The Federal Government on Sunday urged states to domesticate the National Chart of Account to qualify for performance-based grants under the States’ Fiscal Transparency Accountability and Sustainability Programme. It said the SFTAS was for results of 2020 annual performance assessment and COVID-19 related disbursement-linked indicators due in 2021. It said the SFTAS was a $1.5bn Federal Government programme for results supported by the World Bank with the aim to strengthen fiscal governance at the state level. The advice to states was given by t...

The Federal Government has disbursed the sum of N123.348 billion (USD324.6 million) to state governments in the second round of performance-based grants.

The Federal Government of Nigeria (FGN) has disbursed the sum of N123.348billion (USD324.6million) to state governments in the second round of performance-based grants under the States Fiscal Transparency Accountability and Sustainability (SFTAS) Programme.