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Civic Transparency

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Empowering Nigerians with transparent, accessible budget data for all 36 states and the FCT. Data sourced strictly from official state budget documents, open treasury, and OAGF.

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Akwa Ibom State State
All States
South-SouthCap: Uyo

Akwa Ibom State .

Governor Umo Eno
Pop. ~5.5M
PortalWebsite
Total 2024 Budget
₦620,000,000,000

Akwa Ibom is the highest oil-producing state in Nigeria, contributing over 30% of the nation's total crude oil output. Uyo, its capital, has been transformed into a modern city with world-class infrastructure. The state also has a vibrant tourism sector anchored by the Ibom Tropicana Entertainment Centre.

Metrics Overview

Capital Exp.
₦355,000,000,000
57% of total
Recurrent Exp.
₦265,000,000,000
43% of total
Total Revenue
₦620,000,000,000
Estimated income
Fiscal Balance
Balanced
Income = Spending

Breakdowns

Infrastructure
₦158.0B25.5%
Education
₦140.0B22.6%
Health
₦110.0B17.7%
Agriculture
₦48.0B7.7%
Security
₦22.0B3.5%

Accountability Watch

Corruption & Fraud Tracker
Transparency ArchiveCase Record

Bassey Albert

Convicted for N204m car bribe case

Read Source
Transparency ArchiveCase Record

Godswill Akpabio

Questioned over N108bn fund diversion

Read Source
Transparency ArchiveCase Record

Udom Emmanuel

Petitions regarding N1.4bn election funds

Internal Record

Budget Insights

Key observations from Akwa Ibom State State's 2024 budget

Overview

Akwa Ibom State State's total budget for 2024 is ₦620.00 Billion. This budget is perfectly balanced.

Expenditure Focus

The largest single sector allocation is infrastructure, receiving ₦158.00 Billion. This accounts for 25.5% of the total budget.

Revenue Dependency

The primary source of revenue is faac, contributing ₦410.00 Billion. This represents 66.1% of the total expected revenue.

Glossary

Common budget terms explained

IGR

Internally Generated Revenue. Money collected by the state internally (taxes, fines).

FAAC

Federation Account Allocation Committee. Funds distributed from the federal government.

Capital Exp.

Money spent on long-term physical assets like roads, schools, and hospitals.

Recurrent Exp.

Money spent on day-to-day operations like salaries and overhead costs.

Deficit

When a state plans to spend more money than it expects to collect in revenue.

Balanced Budget

When a state's total revenue (income) exactly matches its total planned expenditure. It means the state isn't spending more than it makes.

Surplus

When a state expects to collect more money in revenue than it plans to spend.