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Govs’ jobs bazaar: States’ wages rise by N900bn

todayAugust 30, 2024 8

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Amid calls by Nigerians for a lower cost of governance, the personnel costs of the 36 states in Nigeria for the 2024 financial year have hit N2.76tn, an analysis of the budgets by The PUNCH has revealed.

In 2023, the wage bill of the states according to their approved budget documents available on Open States powered by civic-tech innovation platform, BudgIT, stood at N2.26tn indicating that about N901.88bn had been added to the wage bill in two years and N501.16bn in one year.

The analysis of the data showed that most of the states have consistently increased their wage bill over the years. However, the increase made by Taraba State to its wage bill in 2023 was significant.

The sum of N37.62bn had been budgeted as personnel costs in 2023, however, the final budget showed a jump to N109.65bn. In terms of actual budget performance from January to September 2023, it was N28bn, which was far below the originally budgeted amount. The wage bill for 2024 stood at N54.47bn.

In 2024, the wage bill for Imo State surged by 134.12 per cent to N61.18bn from N26.13bn. The 2023 budget performance (January to September) stood at N20.35bn. About N30.19bn had been expended on wages in 2022 in Imo State.

Rivers State was another subnational whose wage bill nearly doubled in 2024. The approved budget for personnel cost in 2024 in the oil-rich state rose to N252.89bn higher than N128.78bn in the 2023 revised budget indicating about 96.36 per cent increase.

On the flip side, both Bayelsa and Ekiti States reduced their budget for personnel costs in the 2024 budget.  Bayelsa’s wage bill dropped to N69.12bn from N81.77bn in 2023; a 15.47 per cent drop. Ekiti’s wage bill was marginal at a 1.21 per cent decline to N31.02bn from N31.40bn.

Written by: EaglesFM

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