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Ogun State Budget 2024

South West Zone • Capital: Abeokuta • “Budget of Sustainable Progress”

₦560,000 Total Budget
₦120,000 IGR
₦325,000 Capex
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2026 Budget 2024 Budget
Total Budget
₦560,000
₦560,000 (full naira)
Capital Expenditure
₦325,000
58% of total
Recurrent Expenditure
₦235,000
42% of total
IGR
₦120,000
Internally Generated Revenue
Federal Allocation (FAAC)
₦350,000
62.5% of total
Budget Deficit
₦90,000
Spending exceeds revenue
Capital vs Recurrent Expenditure
58% Capex
42% Recex
₦325,000 Capital (58%)
₦235,000 Recurrent (42%)
Sector Allocation Breakdown
🏫
Education
₦88,000  15.7% of budget
🏗
Infrastructure
₦155,000  27.7% of budget
⚕
Health
₦58,000  10.4% of budget
🛡
Security
₦28,000  5% of budget
🌿
Agriculture
₦35,000  6.3% of budget
Year-on-Year Comparison
YearTotal Budget IGRCapexGovernor
2026 ₦1.67T ₦509.9B ₦1.04T Dapo Abiodun
2024 ₦560,000 ₦120,000 ₦325,000 Dapo Abiodun

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