Edo State
Budget Analysis 2024
Total Budget
₦420,000,000,000
420 Billion Naira
Expenditure Split
Recurrent
₦189,000,000,000
189 Billion Naira
Capital
₦231,000,000,000
231 Billion Naira
Budget Allocation by Sector
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Education
₦32,000,000,000
7.6%
Health
₦25,000,000,000
6.0%
Infrastructure
₦65,000,000,000
15.5%
Agriculture
₦20,000,000,000
4.8%
Budget Insights
Key observations from Edo State State's 2024 budget
Budget Overview
Edo State State's total budget for 2024 is 420 Billion Naira. This budget is balanced.
Expenditure Distribution
The budget prioritizes capital expenditure (55.0%) over recurrent expenditure (45.0%).
Sector Priorities
The highest allocation goes to the infrastructure sector with 65 Billion Naira (15.5% of total budget). The lowest allocation is for the agriculture sector with 20 Billion Naira (4.8% of total budget).
Revenue Sources
The primary source of revenue is FAAC at 270 Billion Naira (64.3% of total budget).
Budget Glossary
Key terms and definitions related to state budgets