The World Bank is exploring avenues for collaborative engagements with the state governments to help boost their internally generated revenue (IGR) and augment receipts from the Federation Account.
According to the Country Director of the World Bank, Rachid Bemessaoud, the bank intends to formally start engagement with the Federal Government as soon the ministers are in place on how to provide assistance to the country.
According to bank states could boost their earning profile if only they would be ready to implement certain reforms.
It observed that part of the problems militating against increase in IGR was the inefficient tax administration.Some states depend almost 100 per cent on federal allocation with little or no emphasis on internal revenue sources.
The World Bank will also be looking at how the state can improve on governance mechanism, working out measures to improve on the systems on ground to make service deliver more transparent and effective.