Fresh findings from BudgIT’s 2025 State of States publication reveal that Nigerian states collectively owe contractors and retirees a total of N1.06tn, even though the federation witnessed unprecedented revenue inflows in 2024. The report shows that unpaid contractor bills reached N434.87bn, while outstanding pension and gratuity obligations hit N626.81bn, highlighting ongoing fiscal pressures across state … Continue reading Nigerian States Amass N1.06tn Debt Despite Record 2024 Allocations — BudgIT Report