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States overwhelmed as Nigeria’s cost of living crisis escalates

todayAugust 17, 2022

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Nigeria’s cash-strapped states are under growing pressure as their monthly allocation and internally generated revenue has shrunk, even as Nigerians struggle financially to survive amid escalating prices and dwindling income. As inflationary pressures continue to force many Nigerians to cut consumption, value-added tax (VAT) – a key component of the Federal Account and Allocation Committee […]

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