Despite record revenues from fuel subsidy removal and forex reforms, most Nigerian states have failed to meet their capital expenditure targets in the first half […]
Tag: States
10 Nigerian States Add ₦417.7bn to Domestic Debt Despite Higher Revenue Windfall
At least 10 Nigerian states increased their domestic debt by a combined ₦417.7 billion year-on-year, despite benefiting from significantly higher revenue allocations from the Federation […]
29 States Spend N1.994tn on Recurrent Costs in Nine Months Amid Revenue Deficit
State governments in Nigeria spent a staggering N1.994 trillion on recurrent expenditures in the first nine months of 2024, including refreshments, sitting allowances, travel, and […]