Nigerian States Owe Contractors, Retirees ₦1.06tn Despite Record Revenues — BudgIT

Utweets
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States across Nigeria owe contractors and retirees a combined ₦1.06tn despite receiving record revenues in 2024, according to BudgIT’s 2025 State of States report.

The report shows that contractor arrears totalled ₦434.87bn, while unpaid pensions and gratuities amounted to ₦626.81bn.

This indicates that many states are still struggling with old obligations even though federal allocations more than doubled and several states recorded higher internally generated revenue..Read original/full details

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