Revenue Boom: World Bank Faults States’ Spending Priorities

Revenue boom: World Bank faults states’ spending priorities

The World Bank has criticised Nigerian states’ spending priorities, warning that increased revenues have not led to proportionate investment in education a Read More: https://punchng.com/revenue-boom-world-bank-faults-states-spending-priorities/

World Bank faults states over spending priorities despite revenue growth

By Emmanuella Opara | November 4th 2026 KEY POINTS MAIN STORY The World Bank has criticised Nigerian state governments for failing to translate increased revenue into proportionate investments in essential public services, particularly education, healthcare and social protection. The global lender said spending on transport infrastructure had expanded considerably faster than investments in human capital, […] Continue reading %%POSTNAME%% at %%B…

Nigerian States' Revenue Surges 211% To N15.53 Trillion As World Bank Questions Spending Priorities

Revenue generated by 34 Nigerian states increased by 211.2% to N15.53 trillion in 2025, compared with N4.99 trillion in 2022. However, the World Bank has raised concerns that the substantial increase in government resources has not translated into corresponding improvements in essential public services. The N10.54 trillion increase was disclosed at the launch of BudgIT’s […]

“Allocating Resources To Sectors With Greatest Impact Is Essential” — World Bank Faults States’ Faster Road Spending As Education, Healthcare Lag

The World Bank has raised concerns over the spending priorities of Nigeria’s 36 state governments, revealing that expenditure on roads and other transport infrastructure has grown faster than investment in education, healthcare and social protection despite a sharp increase in government revenues since 2023. The Bank warned that although states now have greater financial resources […]