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