According to figures from the Central Bank of Nigeria (CBN), the Federal Government’s expenditure on pensions and gratuity fell slightly by N3.48bn in 2021. The CBN revealed in its data on ‘Federal Government recurrent expenditure’ that the amount spent fell from N359.6bn in 2020 to N356.12bn in the 2021 financial year. Despite yearly allocations, the … Continue reading Nigeria’s Spending On Pension And Gratuity Drops To N356bn