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Federal Capital Territory State Budget 2024

North Central Zone • Capital: Abuja • “FCT Administration Budget”

₦800,000 Total Budget
₦120,000 IGR
₦500,000 Capex
2026 Budget 2024 Budget
Total Budget
₦800,000
₦800,000 (full naira)
Capital Expenditure
₦500,000
62.5% of total
Recurrent Expenditure
₦300,000
37.5% of total
IGR
₦120,000
Internally Generated Revenue
Federal Allocation (FAAC)
₦580,000
72.5% of total
Budget Deficit
₦100,000
Spending exceeds revenue
Capital vs Recurrent Expenditure
62.5% Capex
37.5% Recex
₦500,000 Capital (62.5%)
₦300,000 Recurrent (37.5%)
Sector Allocation Breakdown
🏫
Education
₦115,000  14.4% of budget
🏗
Infrastructure
₦250,000  31.3% of budget
Health
₦85,000  10.6% of budget
🛡
Security
₦45,000  5.6% of budget
🌿
Agriculture
₦30,000  3.8% of budget
Year-on-Year Comparison
YearTotal Budget IGRCapexGovernor
2026 ₦2.29T ₦1.74T Nyesom Wike (FCT Minister)
2024 ₦800,000 ₦120,000 ₦500,000 Nyesom Wike