South-EastCap: Enugu

Enugu State .

Governor Peter Mbah

Pop. ~4.5M

Total 2024 Budget

₦385,000,000,000

Enugu State, the Coal City State, was built on coal mining that powered Nigeria's early industrialisation. Today it has diversified into commerce, education, and services. Enugu City is the administrative and cultural capital of the south-east, home to major institutions and a thriving business district. Governor Peter Mbah is pursuing an ambitious $30B GDP transformation agenda.

Metrics Overview

Capital Exp.

₦210,000,000,000

55% of total

Recurrent Exp.

₦175,000,000,000

45% of total

Total Revenue

₦385,000,000,000

Estimated income

Fiscal Balance

Balanced

Matched

Breakdowns

Infrastructure

₦98.0B25.5%

Education

₦88.0B22.9%

Health

₦72.0B18.7%

Agriculture

₦48.0B12.5%

Security

₦20.0B5.2%

Budget Insights

Key observations from Enugu State State's 2024 budget

Overview

Enugu State State's total budget for 2024 is ₦385.00 Billion. This budget is perfectly balanced.

Expenditure Focus

The largest single sector allocation is infrastructure, receiving ₦98.00 Billion. This accounts for 25.5% of the total budget.

Revenue Dependency

The primary source of revenue is faac, contributing ₦218.00 Billion. This represents 56.6% 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.