North-WestCap: Gusau

Zamfara State .

Governor Dauda Lawal

Pop. ~4.5M

Total 2024 Budget

₦222,000,000,000

Zamfara State is a significant gold-producing state in Nigeria, with small-scale artisanal gold mining being a major economic activity. The state faces security challenges from banditry and is working on peace and reconciliation efforts. Gusau is a commercial hub connecting the north-west to other regions.

Metrics Overview

Capital Exp.

₦94,000,000,000

42% of total

Recurrent Exp.

₦128,000,000,000

58% of total

Total Revenue

₦222,000,000,000

Estimated income

Fiscal Balance

Balanced

Matched

Breakdowns

Security

₦45.0B20.3%

Education

₦62.0B27.9%

Agriculture

₦52.0B23.4%

Infrastructure

₦42.0B18.9%

Health

₦32.0B14.4%

Budget Insights

Key observations from Zamfara State State's 2024 budget

Overview

Zamfara State State's total budget for 2024 is ₦222.00 Billion. This budget is perfectly balanced.

Expenditure Focus

The largest single sector allocation is education, receiving ₦62.00 Billion. This accounts for 27.9% of the total budget.

Revenue Dependency

The primary source of revenue is faac, contributing ₦158.00 Billion. This represents 71.2% 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.