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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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Osun State State
All States
South-WestCap: Osogbo

Osun State .

Governor Ademola Adeleke
Pop. ~4.7M
PortalWebsite
Total 2024 Budget
₦268,000,000,000

Osun State, named after the Osun River and its famous goddess, is a state rich in culture and heritage. The Osun-Osogbo Sacred Grove is a UNESCO World Heritage Site. The state has been working to diversify its economy from its traditional agricultural base toward manufacturing and services.

Metrics Overview

Capital Exp.
₦106,000,000,000
40% of total
Recurrent Exp.
₦162,000,000,000
60% of total
Total Revenue
₦268,000,000,000
Estimated income
Fiscal Balance
Balanced
Income = Spending

Breakdowns

Education
₦75.0B28.0%
Infrastructure
₦68.0B25.4%
Health
₦55.0B20.5%
Agriculture
₦38.0B14.2%
Security
₦14.0B5.2%

Accountability Watch

Corruption & Fraud Tracker
Transparency ArchiveCase Record

Rauf Aregbesola

Probed over N35bn education project funds

Internal Record
Transparency ArchiveCase Record

Iyiola Omisore

N1.3bn slush fund from NSA office case

Internal Record
Transparency ArchiveCase Record

Ademola Adeleke

Petitions regarding N1.5bn infrastructure spend

Internal Record

Budget Insights

Key observations from Osun State State's 2024 budget

Overview

Osun State State's total budget for 2024 is ₦268.00 Billion. This budget is perfectly balanced.

Expenditure Focus

The largest single sector allocation is education, receiving ₦75.00 Billion. This accounts for 28.0% of the total budget.

Revenue Dependency

The primary source of revenue is faac, contributing ₦172.00 Billion. This represents 64.2% 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.

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.