Delta climbs to 6th as Ekiti, Kaduna lead Q4 2024 Fiscal Transparency ranking

Delta State, climbed to 6th position as Ekiti and Kaduna lead in the 2024 fourth quarter fiscal transparency ranking of states in Nigeria, BudgIT reports.

According to the report, Anambra holds strong at 2nd place, while Adamawa, Benue, Ebonyi and Edo tie in 3rd place.

Whilst noting that all States have left the RED zone, indicating progress for fiscal transparency in the country, BudgIT reports that Kano and Osun secured the 4th and 5th places, respectively.

The report published by BudgIT, a civil society organisation, also ranked Oyo, Bayelsa and Nasarawa as the least performing states, regarding fiscal transparency in the fourth quarter of the year under review.

The three states scored 69, 73 and 75, respectively.

Ekiti, Kaduna, Adamawa, Benue, Ebonyi, and Edo were dubbed progressive performers with 100, 100, 98, 97, 97, 97, respectively.

No state scored below 40 per cent. BudgIT noted that this spells progress for fiscal transparency among Nigeian states.

To arrive at this conclusion, BudgIt scrutinised the approved budgets, the accountant-general’s report or financial statement, the e-procurement portal, the websites with fiscal repository, and the audit and financial reports of states while considering their timeliness, availability, and comprehensiveness.

Fiscal transparency is the open and comprehensive reporting of a government’s financial activities, ensuring accountability and public scrutiny.

It entails how governments raise, spend, and manage public resources, covering all public assets, liabilities, and contingent obligations.

According to the CSO, Oyo’s performance reflected strengths and critical gaps in the state’s fiscal management practices.

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