29 States Face Funding Shortfall for Capital Projects Amid N4.5tn Delay

Nigeria's 29 state governments are facing a funding shortfall of N4.5 trillion for capital projects, resulting in delays for various infrastructure projects across the country. This shortage is impacting the progress of several capital projects nationwide.

Nine state governments are currently facing significant delays due to a substantial funding shortfall of over N4.5 trillion, affecting their capital project initiatives. As a result, infrastructure projects in these states have been pushed back, causing concerns about the overall development and growth of the region. The funding gap has left many governors and policymakers scrambling to find alternative solutions to bridge the financial gap and keep their development plans on track. This shortage is likely to have far-reaching implications for the nation's economic and social progress.