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Akwa Ibom State Budget 2024

South South Zone • Capital: Uyo • “Budget of Continuity”

₦650,000 Total Budget
₦55,000 IGR
₦380,000 Capex
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2026 Budget 2024 Budget
Total Budget
₦650,000
₦650,000 (full naira)
Capital Expenditure
₦380,000
58.5% of total
Recurrent Expenditure
₦270,000
41.5% of total
IGR
₦55,000
Internally Generated Revenue
Federal Allocation (FAAC)
₦480,000
73.8% of total
Budget Deficit
₦115,000
Spending exceeds revenue
Capital vs Recurrent Expenditure
58.5% Capex
41.5% Recex
₦380,000 Capital (58.5%)
₦270,000 Recurrent (41.5%)
Sector Allocation Breakdown
🏫
Education
₦95,000  14.6% of budget
🏗
Infrastructure
₦180,000  27.7% of budget
⚕
Health
₦58,000  8.9% of budget
🛡
Security
₦28,000  4.3% of budget
🌿
Agriculture
₦35,000  5.4% of budget
Year-on-Year Comparison
YearTotal Budget IGRCapexGovernor
2026 ₦1.58T — ₦1.17T Umo Eno
2024 ₦650,000 ₦55,000 ₦380,000 Umo Eno

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