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Ondo State Budget 2026

South West Zone • Capital: Akure • “Budget of Economic Consolidation”

₦524.4B Total Budget

— IGR

₦303.6B Capex

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2026 Budget 2024 Budget

Total Budget

₦524.4B

₦524,410,000,000 (full naira)

Capital Expenditure

₦303.6B

57.9% of total

Recurrent Expenditure

₦220.8B

42.1% of total

IGR

—

Internally Generated Revenue

Federal Allocation (FAAC)

—

0% of total

Budget Surplus/Balanced

Balanced

Revenue meets or exceeds spending

Capital vs Recurrent Expenditure

57.9% Capex

42.1% Recex

₦303.6B Capital (57.9%)

₦220.8B Recurrent (42.1%)

Sector Allocation Breakdown

🏫

Education

₦64.5B 12.3% of budget

🏗

Infrastructure

₦144.0B 27.5% of budget

⚕

Health

₦59.5B 11.3% of budget

🛡

Security

— 0% of budget

🌿

Agriculture

₦29.6B 5.6% of budget

Year-on-Year Comparison

YearTotal Budget IGRCapexGovernor

2026 ₦524.4B — ₦303.6B Lucky Orimisan Aiyedatiwa

2024 ₦310,000 ₦42,000 ₦175,000 Lucky Aiyedatiwa

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