Research for Policy Action

Fiscal Sustainability of States: A Case Study of Lagos

This study is part of a broader programme of work and formed key material for the South West Learning event on “Fiscal Sustainability of States” in Nigeria. It focuses on Lagos State’s performance in relation to the implementation of fiscal reforms as recommended by the national Fiscal Sustainability Plan (FSP). In May 2016, the federal government in announcing additional budget support of N90 billion, unfolded the Fiscal Sustainability Plan (FSP). The FSP is a disciplined approach to managing public funds, ensuring the maximisation of revenues and the minimisation of the cost of governance. The FSP has five strategic objectives with 22 action points. As the most populous city in Nigeria and the second fastest-growing city in Africa, the State’s compliance with…has yielded strong fiscal wins for the State, indicating a significant linkage between the objectives of the FSP and fiscal sustainability. This study assesses the performance of the State on each of the 22 FSP action points, highlights practical evidence of reforms that lead to better fiscal performance and provides evidence for mobilizing. It includes a summary of findings and a breakdown of how Lagos State scored on specific deliverables as relates to transparency and accountability, public revenue, public expenditure, public financial management and debt management.

Full Publication
Download PDF (355.45 KB)

Fiscal Sustainability, Lagos State Government, International Public Sector Accounting Standards,

Focus Area(s): Fiscal Sustainability

Country of Reform: Nigeria

Back to main page ←