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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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Edo State State
All States
South-SouthCap: Benin City

Edo State .

Governor Monday Okpebholo
Pop. ~4.7M
PortalWebsite
Total 2024 Budget
₦488,000,000,000

Edo State is steeped in history as the seat of the ancient Benin Kingdom, one of the most powerful pre-colonial empires in West Africa. Benin City is renowned worldwide for its intricate bronze artworks. The state is also an important industrial centre with significant oil production and rubber cultivation.

Metrics Overview

Capital Exp.
₦270,000,000,000
55% of total
Recurrent Exp.
₦218,000,000,000
45% of total
Total Revenue
₦488,000,000,000
Estimated income
Fiscal Balance
Balanced
Income = Spending

Breakdowns

Infrastructure
₦125.0B25.6%
Education
₦108.0B22.1%
Health
₦88.0B18.0%
Agriculture
₦55.0B11.3%
Security
₦22.0B4.5%

Accountability Watch

Corruption & Fraud Tracker
Transparency ArchiveCase Record

Lucky Igbinedion

Convicted for N2.9bn money laundering

Read Source
Transparency ArchiveCase Record

Adams Oshiomhole

Petitions regarding N3bn specialist hospital fraud

Internal Record
Transparency ArchiveCase Record

Edo Magistrate Conviction

Recent bribery case for N2m

Internal Record

Budget Insights

Key observations from Edo State State's 2024 budget

Overview

Edo State State's total budget for 2024 is ₦488.00 Billion. This budget is perfectly balanced.

Expenditure Focus

The largest single sector allocation is infrastructure, receiving ₦125.00 Billion. This accounts for 25.6% of the total budget.

Revenue Dependency

The primary source of revenue is faac, contributing ₦282.00 Billion. This represents 57.8% 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.