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Niger State State
All States
North-CentralCap: Minna

Niger State .

Governor Bago Mohammed
Pop. ~5.7M
PortalWebsite
Total 2024 Budget
₦328,000,000,000

Niger State is the largest state in Nigeria by land area and is home to the Kainji Dam, the country's largest hydroelectric power plant. The state is rich in natural resources including gold, iron ore, and limestone. Minna is a growing commercial centre and the state has significant agricultural and solid mineral potential.

Metrics Overview

Capital Exp.
₦160,000,000,000
49% of total
Recurrent Exp.
₦168,000,000,000
51% of total
Total Revenue
₦328,000,000,000
Estimated income
Fiscal Balance
Balanced
Matched

Breakdowns

Infrastructure
₦88.0B26.8%
Agriculture
₦72.0B22.0%
Education
₦78.0B23.8%
Health
₦58.0B17.7%
Security
₦22.0B6.7%

Budget Insights

Key observations from Niger State State's 2024 budget

Overview

Niger State State's total budget for 2024 is ₦328.00 Billion. This budget is perfectly balanced.

Expenditure Focus

The largest single sector allocation is infrastructure, receiving ₦88.00 Billion. This accounts for 26.8% of the total budget.

Revenue Dependency

The primary source of revenue is faac, contributing ₦218.00 Billion. This represents 66.5% 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.