The pension liabilities of Kaduna, Benue, Adamawa and Taraba surpassed their Internally Generated Revenues (IGRs) in 2024, highlighting the fiscal distress facing these subnational governments.
According to BudgIT’s ‘2025 State of States’ report, the four states collectively owed more in pension and gratuity arrears than they generated internally – a troubling imbalance highlighting years of weak planning and heavy reliance on federal alloc
…Arrears distort state balance sheets, discourage investment – Analysts
The pension liabilities of Kaduna, Benue, Adamawa and Taraba surpassed their Internally Generated Revenues (IGRs) in 2024, highlighting the fiscal distress facing these subnational governments.
According to BudgIT’s ‘2025 State of States’ report, the four states collectively owed more in pension and gratuity arrears than they generated internally – a troubling imbalance highlighting years of weak planning and heavy reliance on federal alloc