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Imo State Budget 2024

South East Zone • Capital: Owerri • “Budget of Reconstruction”

₦320,000 Total Budget
₦38,000 IGR
₦185,000 Capex
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2026 Budget 2024 Budget
Total Budget
₦320,000
₦320,000 (full naira)
Capital Expenditure
₦185,000
57.8% of total
Recurrent Expenditure
₦135,000
42.2% of total
IGR
₦38,000
Internally Generated Revenue
Federal Allocation (FAAC)
₦250,000
78.1% of total
Budget Deficit
₦32,000
Spending exceeds revenue
Capital vs Recurrent Expenditure
57.8% Capex
42.2% Recex
₦185,000 Capital (57.8%)
₦135,000 Recurrent (42.2%)
Sector Allocation Breakdown
🏫
Education
₦55,000  17.2% of budget
🏗
Infrastructure
₦88,000  27.5% of budget
⚕
Health
₦38,000  11.9% of budget
🛡
Security
₦20,000  6.3% of budget
🌿
Agriculture
₦20,000  6.3% of budget
Year-on-Year Comparison
YearTotal Budget IGRCapexGovernor
2026 ₦1.44T — ₦1.20T Hope Uzodinma
2024 ₦320,000 ₦38,000 ₦185,000 Hope Uzodimma

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