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Adamawa State State

Adamawa State

Budget Analysis 2024

Total Budget

₦225,893,690,626
225 Billion 893 Million Naira

Expenditure Split

Recurrent
₦111,379,586,126
111 Billion 379 Million Naira
Capital
₦114,514,104,500
114 Billion 514 Million Naira

Budget Allocation by Sector

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Education
₦15,603,000,100
6.9%
Health
₦6,388,000,000
2.8%
Infrastructure
₦25,535,000,000
11.3%
Agriculture
₦4,505,511,000
2.0%

Budget Insights

Key observations from Adamawa State State's 2024 budget

Budget Overview

Adamawa State State's total budget for 2024 is 225 Billion 893 Million Naira. This budget has a deficit of ₦41,136,000,000.

Expenditure Distribution

The budget prioritizes capital expenditure (50.7%) over recurrent expenditure (49.3%).

Sector Priorities

The highest allocation goes to the infrastructure sector with 25 Billion 535 Million Naira (11.3% of total budget). The lowest allocation is for the agriculture sector with 4 Billion 505 Million Naira (2.0% of total budget).

Revenue Sources

The primary source of revenue is FAAC at 141 Billion 617 Million Naira (62.7% of total budget).

Budget Glossary

Key terms and definitions related to state budgets