Ebonyi State has been ranked among Nigeria’s top-performing states in capital investment, according to the BudgIT 2025 “State of States” report released this week.
The annual publication, which evaluates fiscal sustainability, spending priorities, and transparency across all 36 states, highlights Ebonyi’s growing commitment to infrastructure and long-term economic development.
According to the report, Ebonyi recorded a capital-to-recurrent expenditure ratio of 0.36, placing it among the four top states—alongside Abia, Anambra, and Enugu—that dedicated the majority of their budgets to capital projects. The report also noted that these states, including Ebonyi, allocated over 70 percent of their total expenditure to capital outlays in 2025.
This approach, BudgIT observed, reflects fiscal prudence and a shift towards building sustainable assets such as roads, schools, and public utilities that drive economic productivity.
However, Ebonyi did not feature among the few states that covered at least 50 percent of their operating expenses through Internally Generated Revenue (IGR). This indicates a continued reliance on federal allocations to fund recurrent obligations, despite progress in expenditure prioritisation.
In a related analysis on fiscal transparency, Ebonyi performed strongly—ranking third nationwide in BudgIT’s States Fiscal Transparency League (Q1 2025) report. This ranking underscores the state’s ongoing efforts to maintain openness in budgetary processes and public financial management.
While analysts commend Ebonyi’s focus on infrastructure, they caution that fiscal growth must be balanced with investments in critical social sectors such as health, education, and human capital development to ensure inclusive progress.
The BudgIT 2025 State of States report, now in its 10th edition, serves as a key benchmark for assessing how well states manage their finances, reduce debt vulnerabilities, and deliver value to citizens through prudent fiscal decisions.
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