Nigeria Daily
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Nigeria Daily
The Cost Of Creating New States in Nigeria
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Creating a new state in Nigeria requires much more than drawing new boundaries on the map.
Experts estimate that it would cost between ₦50 billion to ₦100 billion just to establish the basic infrastructure.
And the costs don’t stop there. Each new state is expected to spend at least ₦10 to ₦20 billion annually on recurrent expenses.
With Nigeria’s economy already under strain and many existing states struggling to stay afloat without federal allocations, can the country afford to create more?
This is what we are going to find out in today’s episode of Nigeria Daily.