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Ekiti State Budget 2024

South West Zone • Capital: Ado-Ekiti • “Budget of Development Renewal”

₦178,000 Total Budget
₦20,000 IGR
₦95,000 Capex
2026 Budget 2024 Budget
Total Budget
₦178,000
₦178,000 (full naira)
Capital Expenditure
₦95,000
53.4% of total
Recurrent Expenditure
₦83,000
46.6% of total
IGR
₦20,000
Internally Generated Revenue
Federal Allocation (FAAC)
₦145,000
81.5% of total
Budget Deficit
₦13,000
Spending exceeds revenue
Capital vs Recurrent Expenditure
53.4% Capex
46.6% Recex
₦95,000 Capital (53.4%)
₦83,000 Recurrent (46.6%)
Sector Allocation Breakdown
🏫
Education
₦32,000  18% of budget
🏗
Infrastructure
₦48,000  27% of budget
Health
₦20,000  11.2% of budget
🛡
Security
₦10,000  5.6% of budget
🌿
Agriculture
₦15,000  8.4% of budget
Year-on-Year Comparison
YearTotal Budget IGRCapexGovernor
2026 ₦415.6B ₦193.7B Biodun Oyebanji
2024 ₦178,000 ₦20,000 ₦95,000 Biodun Oyebanji