Business

Why Nigeria’s wealthiest states lag in citizen welfare


Nigeria’s 36 states received record allocations from the Federation Account (FAAC) in 2024, yet most have failed to translate those funds into measurable improvements in education and healthcare. New BudgIT data reveals that even the wealthiest subnationals lag behind smaller, poorer states in social spending efficiency.

Despite some states generating huge revenues, many fail to prioritize citizen-centric spending, while smaller states achieve better outcomes with limited funds.

Nigeria’s 36 states received record allocations from the Federation Account (FAAC) in 2024, yet most have failed to translate those funds into measurable improvements in education and healthcare. New BudgIT data reveals that even the wealthiest subnationals lag behind smaller, poorer states in social spending efficiency.

Despite some states generating huge revenues, many fail to prioritize citizen-centric spending, while smaller states achieve better outcomes with limited funds.



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