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Edo State Budget 2024

South South Zone • Capital: Benin City • “Budget of Advancement”

₦380,000 Total Budget
₦55,000 IGR
₦215,000 Capex
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2026 Budget 2024 Budget
Total Budget
₦380,000
₦380,000 (full naira)
Capital Expenditure
₦215,000
56.6% of total
Recurrent Expenditure
₦165,000
43.4% of total
IGR
₦55,000
Internally Generated Revenue
Federal Allocation (FAAC)
₦290,000
76.3% of total
Budget Deficit
₦35,000
Spending exceeds revenue
Capital vs Recurrent Expenditure
56.6% Capex
43.4% Recex
₦215,000 Capital (56.6%)
₦165,000 Recurrent (43.4%)
Sector Allocation Breakdown
🏫
Education
₦62,000  16.3% of budget
🏗
Infrastructure
₦105,000  27.6% of budget
⚕
Health
₦42,000  11.1% of budget
🛡
Security
₦22,000  5.8% of budget
🌿
Agriculture
₦25,000  6.6% of budget
Year-on-Year Comparison
YearTotal Budget IGRCapexGovernor
2026 ₦939.9B ₦160.0B ₦637.0B Monday Okpebholo
2024 ₦380,000 ₦55,000 ₦215,000 Monday Okpebholo

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