
Katsina State is an ancient emirate state bordering Niger Republic and is one of the oldest centres of Islamic learning in West Africa. The state is a major agricultural producer of groundnuts, cotton, and livestock. Katsina is also working to boost its mining sector with significant deposits of gemstones and minerals.
Key observations from Katsina State State's 2024 budget
Katsina State State's total budget for 2024 is ₦325.00 Billion. This budget is perfectly balanced.
The largest single sector allocation is education, receiving ₦105.00 Billion. This accounts for 32.3% of the total budget.
The primary source of revenue is faac, contributing ₦238.00 Billion. This represents 73.2% of the total expected revenue.
Common budget terms explained
Internally Generated Revenue. Money collected by the state internally (taxes, fines).
Federation Account Allocation Committee. Funds distributed from the federal government.
Money spent on long-term physical assets like roads, schools, and hospitals.
Money spent on day-to-day operations like salaries and overhead costs.
When a state plans to spend more money than it expects to collect in revenue.