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Nigerian states flush with cash but development stalls

States and their governors have received historically high monthly allocations from the Federation Account Allocation Committee (FAAC), but the lives of people under them aren’t any better.


In May 2025, FAAC disbursements stood at N1.681 trillion, up from N976 billion in May 2023—an increase of 72.17 percent. Yet, the rising tide has lifted a few boats.


Across 10 states in 2024, the average budget for ministries of works, transportation, and infrastructure stood at N145 billion, while spending on social development and poverty reduction averaged just N130 billion.

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