EDO’s BUDGET OF PROGRESS by Nasir Ahmad @elrufai

Analytical diagnosis… i hope we’d keep and take to the lessons.

A New Nigeria

From a hopeless budget in the Bauchi of the North-East, a sensible one in Lagos of the South-West and an opaque budget in Benue of the North-Central, our focus this week is on the South-South state of Edo with a view to assessing how self-reliant, fiscally prudent and accountable the state is. It is one of the states where a Fiscal Responsibility Bill has been presented to the state House of Assembly but has not yet been passed into law. While the state benefits from the 13% derivation fund as a marginal oil producing state, this fiscal advantage does not translate to any significant edge in financial transfers and key indices when compared to other states in the Niger Delta region.

The Mid-Western Region was created in 1963 from Benin and Delta provinces of the old Western Region, and its capital was Benin City. It was renamed a province in…

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