Budget Analysis 2024
Key observations from Adamawa State State's 2024 budget
Adamawa State State's total budget for 2024 is 225 Billion 893 Million Naira. This budget has a deficit of ₦41,136,000,000.
The budget prioritizes capital expenditure (50.7%) over recurrent expenditure (49.3%).
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).
The primary source of revenue is FAAC at 141 Billion 617 Million Naira (62.7% of total budget).
Key terms and definitions related to state budgets