Kwara State Budget 2024

North Central Zone • Capital: Ilorin • “Budget of Consolidation”

₦248,000 Total Budget

₦35,000 IGR

₦135,000 Capex

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2026 Budget 2024 Budget

Total Budget

₦248,000

₦248,000 (full naira)

Capital Expenditure

₦135,000

54.4% of total

Recurrent Expenditure

₦113,000

45.6% of total

IGR

₦35,000

Internally Generated Revenue

Federal Allocation (FAAC)

₦190,000

76.6% of total

Budget Deficit

₦23,000

Spending exceeds revenue

Capital vs Recurrent Expenditure

54.4% Capex

45.6% Recex

₦135,000 Capital (54.4%)

₦113,000 Recurrent (45.6%)

Sector Allocation Breakdown

🏫

Education

₦45,000 18.1% 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 ₦656.6B — ₦271.0B AbdulRahman AbdulRazaq

2024 ₦248,000 ₦35,000 ₦135,000 AbdulRahman AbdulRazaq

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