Nigeria’s pension and gratuity obligations continue to expose the fragility of state finances, with only eight out of 36 states free of arrears, according to BudgIT’s 2024 analysis. The remaining 28 states collectively owe retirees N626.81 billion, reflecting deep-seated fiscal and governance challenges.
The eight states that have managed to stay current are: Akwa Ibom, Abia, Ebonyi, Borno, Nasarawa, Kebbi, Jigawa, and Kano. These states demonstrate disciplined fiscal planning, ensuring that revenue inflows from Federation Account Allocation
Nigeria’s pension and gratuity obligations continue to expose the fragility of state finances, with only eight out of 36 states free of arrears, according to BudgIT’s 2024 analysis. The remaining 28 states collectively owe retirees N626.81 billion, reflecting deep-seated fiscal and governance challenges.
The eight states that have managed to stay current are: Akwa Ibom, Abia, Ebonyi, Borno, Nasarawa, Kebbi, Jigawa, and Kano. These states demonstrate disciplined fiscal planning, ensuring that revenue inflows from Federation Account Allocation