Abia State
Budget Analysis 2023
Total Budget
₦160,517,504,300
160 Billion 517 Million Naira
Expenditure Split
Recurrent
₦74,133,863,400
74 Billion 133 Million Naira
Capital
₦86,383,640,900
86 Billion 383 Million Naira
Budget Allocation by Sector
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Education
₦102,546,396,000
63.9%
Health
₦68,952,673,400
43.0%
Infrastructure
₦72,549,000,000
45.2%
Agriculture
₦23,500,000,000
14.6%
Security
₦490,000,000
0.3%
Budget Insights
Key observations from Abia State State's 2023 budget
Budget Overview
Abia State State's total budget for 2023 is 160 Billion 517 Million Naira. This budget has a surplus of ₦17,071,192,800.
Expenditure Distribution
The budget prioritizes capital expenditure (53.8%) over recurrent expenditure (46.2%).
Sector Priorities
The highest allocation goes to the education sector with 102 Billion 546 Million Naira (63.9% of total budget). The lowest allocation is for the security sector with 490 Million Naira (0.3% of total budget).
Revenue Sources
The primary source of revenue is FAAC at 73 Billion 874 Million Naira (46.0% of total budget).
Budget Glossary
Key terms and definitions related to state budgets