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EconomyLeadership·22 May 2026

States Spend ₦3.5tn In Q1 2026, Capital Projects Take 51.5%

Reported by Leadership on 22 May 2026. Read the summary below, then continue to the full story.

MI
Mark Itsibor
Leadership
Summary

State governments across Nigeria spent a combined ₦3.5 trillion in the first quarter of 2026, with slightly over half of the expenditure directed toward capital projects, according to a new budget performance review. The report showed that 32 out of the country’s 36 states achieved an overall budget implementation rate of 43 per cent during []

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Originally reported by Leadership
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