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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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Imo State State
All States
South-EastCap: Owerri

Imo State .

Governor Hope Uzodimma
Pop. ~4.8M
PortalWebsite
Total 2024 Budget
₦365,000,000,000

Imo State is one of Nigeria's significant oil-producing states and an important hub for commerce and education in the south-east. Owerri, the capital, is known for its vibrant nightlife and entertainment scene. The state has a rich cultural heritage and is working to leverage its oil revenues for sustainable development.

Metrics Overview

Capital Exp.
₦197,000,000,000
54% of total
Recurrent Exp.
₦168,000,000,000
46% of total
Total Revenue
₦365,000,000,000
Estimated income
Fiscal Balance
Balanced
Income = Spending

Breakdowns

Infrastructure
₦92.0B25.2%
Education
₦82.0B22.5%
Health
₦65.0B17.8%
Agriculture
₦40.0B11.0%
Security
₦18.0B4.9%

Accountability Watch

Corruption & Fraud Tracker
Transparency ArchiveCase Record

Rochas Okorocha

N2.9bn fraud/money laundering trial

Read Source
Transparency ArchiveCase Record

Ikedi Ohakim

N270m money laundering trial

Read Source
Transparency ArchiveCase Record

Hope Uzodinma

Questioned over N12bn Calabar channel dredging scam

Internal Record

Budget Insights

Key observations from Imo State State's 2024 budget

Overview

Imo State State's total budget for 2024 is ₦365.00 Billion. This budget is perfectly balanced.

Expenditure Focus

The largest single sector allocation is infrastructure, receiving ₦92.00 Billion. This accounts for 25.2% of the total budget.

Revenue Dependency

The primary source of revenue is faac, contributing ₦210.00 Billion. This represents 57.5% 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.