Nasarawa State
Budget Analysis 2024
Total Budget
₦200,000,000,000
200 Billion Naira
Expenditure Split
Recurrent
₦90,000,000,000
90 Billion Naira
Capital
₦110,000,000,000
110 Billion Naira
Budget Allocation by Sector
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Education
₦20,000,000,000
10.0%
Health
₦16,000,000,000
8.0%
Infrastructure
₦35,000,000,000
17.5%
Agriculture
₦15,000,000,000
7.5%
Budget Insights
Key observations from Nasarawa State State's 2024 budget
Budget Overview
Nasarawa State State's total budget for 2024 is 200 Billion Naira. This budget is balanced.
Expenditure Distribution
The budget prioritizes capital expenditure (55.0%) over recurrent expenditure (45.0%).
Sector Priorities
The highest allocation goes to the infrastructure sector with 35 Billion Naira (17.5% of total budget). The lowest allocation is for the agriculture sector with 15 Billion Naira (7.5% of total budget).
Revenue Sources
The primary source of revenue is FAAC at 130 Billion Naira (65.0% of total budget).
Budget Glossary
Key terms and definitions related to state budgets