
Sokoto State, known as the Seat of the Caliphate, is home to the Sultan of Sokoto — the spiritual leader of Nigerian Muslims. The state is a major centre of Islamic scholarship and has one of the oldest traditions of governance in West Africa. It is also known for producing high-quality leather goods and livestock.
Key observations from Sokoto State State's 2024 budget
Sokoto State State's total budget for 2024 is ₦228.00 Billion. This budget is perfectly balanced.
The largest single sector allocation is education, receiving ₦68.00 Billion. This accounts for 29.8% of the total budget.
The primary source of revenue is faac, contributing ₦160.00 Billion. This represents 70.2% 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.