The Centre for the Promotion of Private Enterprise, CPPE, has raised the alarm that the majority of states in Nigeria are at risk of insolvency amid the raging economic hardship. Muda Yusuf, the director of CPPE, disclosed this while reacting to the report that 31 states owed the Central Bank of Nigeria N330 billion in Salary Bailout Funds. The economic think tank group said that the report indicated that most states were not financially sustainable and were at risk of insolvency if there was no boost in investment. According to him, for states to survive, they must do more to attract investme…