32 states owe contractors, retirees 933bn – Report

Federal-retirees1

Thirty-two states in Nigeria owed a total of N933.32bn to contractors and retirees in 2023, according to findings by The PUNCH.

The findings are based on an analysis of data from the 2024 State of States report by BudgIT, a Nigerian civic organisation that focuses on promoting transparency, accountability, and effective governance,

The 32 states with liabilities to contractors and retirees are Abia, Adamawa, Akwa Ibom, Anambra, Bauchi, Bayelsa, Benue, Borno, Cross River, Delta, Ebonyi, Edo, Ekiti, Enugu, Gombe, Imo, Jigawa, Kaduna, Kano, Katsina, Kebbi, Kogi, Kwara, Lagos, Niger, Osun, Oyo, Plateau, Sokoto, Taraba, Yobe, and Zamfara.

The report revealed that these liabilities consist of N408.69bn in contractor arrears and N524.63bn in unpaid pensions and gratuities.

Leave a Reply

Your email address will not be published. Required fields are marked *