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Enugu State State

Enugu State

Budget Analysis 2024

Total Budget

₦521,561,386,000
521 Billion 561 Million Naira

Expenditure Split

Recurrent
₦372,789,000,000
372 Billion 789 Million Naira
Capital
₦414,334,120,000
414 Billion 334 Million Naira

Budget Allocation by Sector

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Education
₦132,298,743,995
25.4%
Health
₦78,649,302,780
15.1%
Infrastructure
₦175,849,217,000
33.7%
Agriculture
₦40,275,630,000
7.7%
Security
₦1,150,000,000
0.2%

Budget Insights

Key observations from Enugu State State's 2024 budget

Budget Overview

Enugu State State's total budget for 2024 is 521 Billion 561 Million Naira. This budget has a deficit of ₦11,000,000,000.

Expenditure Distribution

The budget prioritizes capital expenditure (79.4%) over recurrent expenditure (71.5%).

Sector Priorities

The highest allocation goes to the infrastructure sector with 175 Billion 849 Million Naira (33.7% of total budget). The lowest allocation is for the security sector with 1 Billion 150 Million Naira (0.2% of total budget).

Revenue Sources

The primary source of revenue is IGR at 252 Billion 789 Million Naira (48.5% of total budget).

Budget Glossary

Key terms and definitions related to state budgets