Ebonyi State
Budget Analysis 2024
Total Budget
₦202,127,918,907
202 Billion 127 Million Naira
Expenditure Split
Recurrent
₦69,323,178,907
69 Billion 323 Million Naira
Capital
₦132,804,740,000
132 Billion 804 Million Naira
Budget Allocation by Sector
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Education
₦25,000,000,000
12.4%
Health
₦20,000,000,000
9.9%
Infrastructure
₦45,000,000,000
22.3%
Agriculture
₦18,000,000,000
8.9%
Budget Insights
Key observations from Ebonyi State State's 2024 budget
Budget Overview
Ebonyi State State's total budget for 2024 is 202 Billion 127 Million Naira. This budget has a deficit of ₦36,100,000,000.
Expenditure Distribution
The budget prioritizes capital expenditure (65.7%) over recurrent expenditure (34.3%).
Sector Priorities
The highest allocation goes to the infrastructure sector with 45 Billion Naira (22.3% of total budget). The lowest allocation is for the agriculture sector with 18 Billion Naira (8.9% of total budget).
Revenue Sources
The primary source of revenue is FAAC at 108 Billion 320 Million Naira (53.6% of total budget).
Budget Glossary
Key terms and definitions related to state budgets