🇳🇬 Nigeria’s Official Civic & Governance Knowledge Platform currentaffairs.com.ng 💼 Latest Jobs ❓ Take Civic Quiz

Borno State Budget 2024

North East Zone • Capital: Maiduguri • “Budget of Stabilisation”

₦280,000 Total Budget
₦12,000 IGR
₦165,000 Capex
2026 Budget 2024 Budget
Total Budget
₦280,000
₦280,000 (full naira)
Capital Expenditure
₦165,000
58.9% of total
Recurrent Expenditure
₦115,000
41.1% of total
IGR
₦12,000
Internally Generated Revenue
Federal Allocation (FAAC)
₦230,000
82.1% of total
Budget Deficit
₦38,000
Spending exceeds revenue
Capital vs Recurrent Expenditure
58.9% Capex
41.1% Recex
₦165,000 Capital (58.9%)
₦115,000 Recurrent (41.1%)
Sector Allocation Breakdown
🏫
Education
₦52,000  18.6% of budget
🏗
Infrastructure
₦72,000  25.7% of budget
Health
₦35,000  12.5% of budget
🛡
Security
₦38,000  13.6% of budget
🌿
Agriculture
₦22,000  7.9% of budget
Year-on-Year Comparison
YearTotal Budget IGRCapexGovernor
2026 ₦892.4B ₦44.3B ₦536.6B Babagana Umara Zulum
2024 ₦280,000 ₦12,000 ₦165,000 Babagana Zulum