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Benue State

Benue

Budget Analysis 2024

Total Budget

₦158,620,000,000
158 Billion 620 Million Naira

Expenditure Split

Recurrent
₦110,490,000,000
110 Billion 490 Million Naira
Capital
₦48,130,000,000
48 Billion 130 Million Naira

Budget Allocation by Sector

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Education
₦23,793,000,000
15.0%
Health
₦19,398,000,000
12.2%
Infrastructure
₦31,724,000,000
20.0%
Agriculture
₦12,689,000,000
8.0%
Security
₦0
0.0%

Budget Insights

Key observations from Benue State's 2024 budget

Budget Overview

Benue State's total budget for 2024 is 158 Billion 620 Million Naira. This budget has a surplus of ₦67,100,000,000.

Expenditure Distribution

The budget allocates more to recurrent expenditure (69.7%) than capital expenditure (30.3%).

Sector Priorities

The highest allocation goes to the infrastructure sector with 31 Billion 724 Million Naira (20.0% of total budget). The lowest allocation is for the security sector with undefined Naira (0.0% of total budget).

Revenue Sources

The primary source of revenue is FAAC at 134 Billion 710 Million Naira (84.9% of total budget).

Budget Glossary

Key terms and definitions related to state budgets