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Cross River State Budget 2024

South South Zone • Capital: Calabar • “Budget of Fiscal Discipline”

₦248,000 Total Budget
₦22,000 IGR
₦138,000 Capex
2026 Budget 2024 Budget
Total Budget
₦248,000
₦248,000 (full naira)
Capital Expenditure
₦138,000
55.6% of total
Recurrent Expenditure
₦110,000
44.4% of total
IGR
₦22,000
Internally Generated Revenue
Federal Allocation (FAAC)
₦195,000
78.6% of total
Budget Deficit
₦31,000
Spending exceeds revenue
Capital vs Recurrent Expenditure
55.6% Capex
44.4% Recex
₦138,000 Capital (55.6%)
₦110,000 Recurrent (44.4%)
Sector Allocation Breakdown
🏫
Education
₦42,000  16.9% of budget
🏗
Infrastructure
₦68,000  27.4% of budget
Health
₦30,000  12.1% of budget
🛡
Security
₦15,000  6% of budget
🌿
Agriculture
₦20,000  8.1% of budget
Year-on-Year Comparison
YearTotal Budget IGRCapexGovernor
2026 ₦961.6B ₦671.3B Bassey Edet Otu
2024 ₦248,000 ₦22,000 ₦138,000 Bassey Otu