The 36 state governments and the 774 local governments may have lost revenue running into several trillions of naira due to the faulty budgeting process in the country, statutory transfers made to federal agencies before revenues are shared among the three tiers, and non-remittance of funds from some of the agencies.The 36 state governments and the 774 local governments may have lost revenue running into several trillions of naira due to the faulty budgeting process in the country, statutory transfers made to federal agencies before revenues are shared among the three tiers, and non-remittance of funds from some of the agencies.