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Kogi State State
All States
North-CentralCap: Lokoja

Kogi State .

Governor Ahmed Usman Ododo
Pop. ~4.5M
PortalWebsite
Total 2024 Budget
₦355,000,000,000

Kogi State is the confluence state, where the rivers Niger and Benue meet at Lokoja — Nigeria's first administrative capital under colonial rule. The state is rich in solid minerals including coal, iron ore, limestone, and marble. Lokoja is a strategic transit point for goods across Nigeria.

Metrics Overview

Capital Exp.
₦177,000,000,000
50% of total
Recurrent Exp.
₦178,000,000,000
50% of total
Total Revenue
₦355,000,000,000
Estimated income
Fiscal Balance
Balanced
Matched

Breakdowns

Infrastructure
₦95.0B26.8%
Education
₦85.0B23.9%
Health
₦72.0B20.3%
Agriculture
₦58.0B16.3%
Security
₦25.0B7.0%

Budget Insights

Key observations from Kogi State State's 2024 budget

Overview

Kogi State State's total budget for 2024 is ₦355.00 Billion. This budget is perfectly balanced.

Expenditure Focus

The largest single sector allocation is infrastructure, receiving ₦95.00 Billion. This accounts for 26.8% of the total budget.

Revenue Dependency

The primary source of revenue is faac, contributing ₦235.00 Billion. This represents 66.2% 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.