North-EastCap: Gombe

Gombe State .

Governor Muhammad Inuwa Yahaya

Pop. ~3.6M

Total 2024 Budget

₦225,000,000,000

Gombe State, known as the Jewel in the Savannah, is a growing commercial hub in north-eastern Nigeria. Despite being one of the smaller states, it plays a critical role as a transit point for trade across the north-east. The state has significant investments in agriculture, with cotton, groundnuts, and gum arabic as key cash crops.

Metrics Overview

Capital Exp.

₦97,000,000,000

43% of total

Recurrent Exp.

₦128,000,000,000

57% of total

Total Revenue

₦225,000,000,000

Estimated income

Fiscal Balance

Balanced

Matched

Breakdowns

Education

₦65.0B28.9%

Infrastructure

₦58.0B25.8%

Health

₦48.0B21.3%

Agriculture

₦38.0B16.9%

Security

₦12.0B5.3%

Budget Insights

Key observations from Gombe State State's 2024 budget

Overview

Gombe State State's total budget for 2024 is ₦225.00 Billion. This budget is perfectly balanced.

Expenditure Focus

The largest single sector allocation is education, receiving ₦65.00 Billion. This accounts for 28.9% of the total budget.

Revenue Dependency

The primary source of revenue is faac, contributing ₦162.00 Billion. This represents 72.0% 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.